Market By Medium, Type, Application And Geography | Forecast 2019-2027
The Europe mobile payment market is expected to display an upward trend in terms of revenue and grow at a CAGR of 23.24% during the forecast period 2019-2027, as per a report by Triton Market Research.
The European mobile payment market report constitutes the countries of:
• The United Kingdom
• France
• Germany
• Italy
• Spain
• Russia
• Rest of Europe
Report scope can be customized per your requirements. Request For Customization
The UK leads the market and contributes the highest to the revenue share. The mobile payment market in Europe is classified based on the application, medium and type of payment.
The report provides a detailed analysis of the market definition and the key industrial insights, along with Porter’s five force analysis, market attractiveness matrix, vendor scorecard, industrial player positioning, the evolution of the payment market, and key market strategies.
With the incorporation of user-friendly technologies and top players entering the market the opportunities for the growth of the mobile payment market have increased. The factors driving the growth of European mobile payment market are the preference for the mobile payment options over traditional payment modes, the phenomenal upswing in the e-commerce industry and the exponential technological progression in Europe. However, the market growth is hindered due to security concerns due to cases of data-theft, interoperability issues and slowdown in transactions due to the presence of malware and spyware.
1. EUROPE
MOBILE PAYMENT MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. MOBILE
PERSON-TO-PERSON TRANSFER (P2P) DOMINATES THE GLOBAL MOBILE PAYMENT MARKET BY
TYPE OF PAYMENT
2.2.2. CONTACTLESS
MEDIUM FOR MOBILE PAYMENT TO GROW AT SIGNIFICANT RATE
2.2.3. RETAIL
INDUSTRY SHOWS A LARGE DEMAND IN THE MOBILE PAYMENT MARKET
2.3. EVOLUTION
& TRANSITION OF MOBILE PAYMENT
2.4. PORTER'S
FIVE FORCE ANALYSIS
2.5. MARKET
ATTRACTIVENESS MATRIX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
PLAYER POSITIONING
2.8. KEY
MARKET STRATEGIES
2.9. MARKET
DRIVERS
2.9.1. GROWTH
IN E-COMMERCE
2.9.2. INORGANIC
GROWTH VIA MERGERS AND ACQUISITIONS
2.9.3. MOBILE
PAYMENT IS BEING PREFERRED OVER TRADITIONAL BANKING METHODS
2.9.4. MOBILE
PAYMENTS BEING ACCEPTED BY SMALL MERCHANTS AND BUSINESSES
2.9.5. TECHNOLOGICAL
ADVANCEMENT
2.9.6. UNBANKED
POPULATION OPTING FOR EXTENSIVE USE OF MOBILE PAYMENT
2.10.
MARKET RESTRAINTS
2.10.1.
SECURITY CONCERN
2.10.2.
INTEROPERABILITY IS A KEY
CONCERN
2.10.3.
SPYWARE AND MALWARE ATTACKS
MAY SLOW DOWN THE MARKET
2.11.
MARKET OPPORTUNITIES
2.11.1.
EMPHASIS ON USER-CONVENIENCE
GIVING RISE TO ADOPTION OF MOBILE PAYMENT SYSTEMS
2.11.2.
ENTRY OF BIG PLAYERS IN MOBILE
PAYMENT MARKET
2.11.3.
GROWING SMART CITY PROJECTS
2.11.4.
INTRODUCTION OF MORE
USER-FRIENDLY TECHNOLOGIES
2.11.5.
LIMITATIONS ON CASH
TRANSACTION
2.11.6.
UNBANKED GEOGRAPHIES ARE THE
OPPORTUNITY MARKETS
2.12.
MARKET CHALLENGES
2.12.1.
ADDRESSING THE COMPLEXITIES IS
A CONCERN
2.12.2.
HUGE CAPITAL REQUIREMENT
2.12.3.
LACK OF TECHNOLOGICAL
STANDARDS
2.12.4.
LATE ARRIVAL SCENARIO AND LACK
OF INDUSTRY STANDARD
2.12.5.
MOBILE PAYMENTS NEED TO CREATE
SPACE FOR LONG-TERM GROWTH
2.12.6.
NEW ADDITIONS TO THE
TECHNOLOGY AND UNCLEAR RULES CONFUSE THE MARKET PLAYERS AND CUSTOMERS
2.12.7.
RELUCTANCE TO SWITCH TO NEW
TECHNOLOGY
3. MOBILE
PAYMENT MARKET OUTLOOK - BY MEDIUM
3.1. SMS
3.2. INTERNET
3.3. CONTACTLESS
3.4. USSD
4. MOBILE
PAYMENT MARKET OUTLOOK - BY TYPE
4.1. MOBILE
PERSON-TO-PERSON TRANSFER (P2P)
4.2. MOBILE
COMMERCE (POS)
4.3. PREPAID
MOBILE WALLET
4.4. IN-APP BILLING
4.5. CARRIER
BILLING
4.6. CLOSED-LOOP
PAYMENTS
5. MOBILE
PAYMENT MARKET OUTLOOK - BY APPLICATION
5.1. HEALTHCARE
5.2. RETAIL
5.3. ENERGY
& UTILITIES
5.4. HOSPITALITY
AND TRANSPORTATION
5.5. ENTERTAINMENT
5.6. OTHER
APPLICATIONS
6. MOBILE
PAYMENT MARKET - EUROPE
6.1. UNITED
KINGDOM
6.2. GERMANY
6.3. FRANCE
6.4. ITALY
6.5. SPAIN
6.6. RUSSIA
6.7. REST
OF EUROPE
7. COMPETITIVE
LANDSCAPE
7.1. APPLE,
INC.
7.2. ALIPAY
7.3. BOKU
7.4. BANK
OF AMERICA
7.5. BANCO
BILBAO VIZCAYA ARGENTARIA WALLET
7.6. CHINA
UNIONPAY
7.7. MERCHANT
CUSTOMER EXCHANGE
7.8. M-PESA
7.9. GOOGLE
7.10.
IZETTLE
7.11.
INTUIT PAY
7.12.
MASTERCARD
7.13.
SQUARE, INC.
7.14.
TENPAY
TECHNOLOGY, LTD.
7.15.
THE WESTERN UNION COMPANY
7.16.
WE PAY, INC.
7.17.
SOFTCARD
7.18.
PAYPAL
7.19.
PAYMENTWALL
8. METHODOLOGY
& SCOPE
8.1. RESEARCH
SCOPE
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1. MARKET
ATTRACTIVENESS MATRIX FOR MOBILE PAYMENT MARKET
TABLE 2. VENDOR
SCORECARD OF MOBILE PAYMENT MARKET
TABLE 3. KEY STRATEGIC
DEVELOPMENTS IN MOBILE PAYMENT MARKET
TABLE 4. EUROPE MOBILE
PAYMENT MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ BILLION)
TABLE 5. EUROPE MOBILE
PAYMENT MARKET, BY TYPE, 2019-2027 (IN $ BILLION)
TABLE 6. EUROPE MOBILE
PAYMENT MARKET, BY MEDIUM, 2019-2027 (IN $ BILLION)
TABLE
7. EUROPE MOBILE PAYMENT MARKET, BY APPLICATION, 2019-2027 (IN $ BILLION)
FIGURE 1. EUROPE MOBILE
PAYMENT MARKET, 2019-2027 (IN $ BILLION)
FIGURE 2. PORTER’S FIVE
FORCE ANALYSIS OF MOBILE PAYMENT MARKET
FIGURE 3. TIMELINE OF
MOBILE PAYMENT
FIGURE 4. KEY PLAYER
POSITIONING IN 2018 (%)
FIGURE 5. EUROPE MOBILE
PERSON-TO-PERSON TRANSFER (P2P) MARKET 2019-2027 ($ BILLION)
FIGURE 6. EUROPE MOBILE
COMMERCE MARKET 2019-2027 ($ BILLION)
FIGURE 7. EUROPE
PREPAID MOBILE WALLET MARKET 2019-2027 ($ BILLION)
FIGURE 8. EUROPE IN-APP
BILLING MARKET 2019-2027 ($ BILLION)
FIGURE 9. EUROPE
CARRIER BILLING MARKET 2019-2027 ($ BILLION)
FIGURE 10. EUROPE
CLOSED-LOOP PAYMENTS MARKET 2019-2027 ($ BILLION)
FIGURE 11. EUROPE SMS
MARKET 2019-2027 ($ BILLION)
FIGURE 12. EUROPE
INTERNET MARKET 2019-2027 ($ BILLION)
FIGURE 13. EUROPE
CONTACTLESS MARKET 2019-2027 ($ BILLION)
FIGURE 14. EUROPE USSD
MARKET 2019-2027 ($ BILLION)
FIGURE 15. EUROPE
MOBILE PAYMENT MARKET, BY APPLICATION, 2018 & 2027 (IN %)
FIGURE 16. EUROPE
MOBILE PAYMENT MARKET, BY HEALTHCARE, 2019-2027 (IN $ BILLION)
FIGURE 17. EUROPE MOBILE
PAYMENT MARKET, BY RETAIL, 2019-2027 (IN $ BILLION)
FIGURE 18. EUROPE
MOBILE PAYMENT MARKET, BY ENERGY & UTILITIES, 2019-2027 (IN $ BILLION)
FIGURE 19. EUROPE
MOBILE PAYMENT MARKET, BY HOSPITALITY AND TRANSPORTATION, 2019-2027 (IN $
BILLION)
FIGURE 20. EUROPE
MOBILE PAYMENT MARKET, BY ENTERTAINMENT, 2019-2027 (IN $ BILLION)
FIGURE 21. EUROPE
MOBILE PAYMENT MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ BILLION)
FIGURE 22. EUROPE
MOBILE PAYMENT MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 23. UNITED
KINGDOM MOBILE PAYMENT MARKET, 2019-2027 (IN $ BILLION)
FIGURE 24. GERMANY
MOBILE PAYMENT MARKET, 2019-2027 (IN $ BILLION)
FIGURE 25. FRANCE
MOBILE PAYMENT MARKET, 2019-2027 (IN $ BILLION)
FIGURE 26. ITALY MOBILE
PAYMENT MARKET, 2019-2027 (IN $ BILLION)
FIGURE 27. SPAIN MOBILE
PAYMENT MARKET, 2019-2027 (IN $ BILLION)
FIGURE 28. RUSSIA
MOBILE PAYMENT MARKET, 2019-2027 (IN $ BILLION)
FIGURE
29. REST OF EUROPE MOBILE PAYMENT MARKET, 2019-2027 (IN $ BILLION)