North America Mobile Money Market - Industry Size, Share, Trends Analysis and Forecast 2019

SAN CARLOS, Calif. - April 1, 2015 - PRLog -- ·         Future Growth of North America Mobile Money Market is expected to be driven by increasing interest of customers towards proximity solutions such as Apple Pay and Starbucks app

·         Mobile Money Market expected to map increasing growth in the future, bolstered by rising efforts of the market players to popularize the use of mobile as a channel of payments

Ken Research announced its latest publication on “North America Mobile Money Industry Review to 2019” which provides an in-depth analysis of the North America Mobile Money Industry. The report covers specific insights on the market size in terms of value, segmentation by geography & product wise segmentation by major countries, value chain and business models, recent trends and developments, government regulations and future outlook of the mobile money Industry at the global and regional level. The report also entails description of the prominent and emerging geographic markets of the region including the US and Canada.

A majority of the mobile payments in North America are generated through WAP or web method, while the usage of NFC still remained quite inferior till the end of 2013. The US is ranked amongst the top countries worldwide in the penetration of 3G handsets. Increasing availability of unlimited data plans has helped the US to extend its mobile media use, which has supported the growth of m-payments market growth over the years. The mobile banking practices also lack the NFC use and are usually followed through users engaging with the financial institutions from their devices through a mobile browser, dedicated apps or through text messaging services. In Canada, the mobile payments market is still in its embryonic stage with many of the m-payment and wallet services being launched as early as 2013. However, the various survey results undertaken by stakeholders showcase a great aptitude for the adoption of mobile payments in the forthcoming years.

“Both the US and Canada are anticipated to emerge as growing markets for micropayments through mobiles. There is an opportunity for mobile payments to establish itself as the preferred mode of micro-payments in several areas in the countries in the region. Mass-transit, gas-stations and food and beverages are some of the major sectors which are expected to maximum infiltration of mobile payments in the coming years”, according to the Research Analyst, Ken Research.

Key Topics Covered in the Report:

North America Mobile Money Market

         -   Market Size by Transactions Value

         -   Market Segmentation by

-          By Countries

-          Source of Funding

-          Location-Remote and Proximity Payments

-          Purpose of payments

-          Macro and Micro Payments

         -   Country Wise Market Size and Segmentation

         -   Company and Product Profiles of Major Players by Country

         -   Business Models, Value Chain Analysis, Industry Participants, Key Concerns

         -   Future Outlook and Projections

Companies Covered in the Report

-          Google Wallet

-          ISIS/Softcard

-          PayPal

-          Starbucks

-          LoopPay

-          Apple Pay

Source: https://www.kenresearch.com/banking-financial-service-insurance/financial-services/north-america-mobile-money-market-research-report/632-93.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-11-47017199