Market By Medium, Type, Application And Geography | Forecast 2019-2027
Triton Market Research’s report on the North America mobile payment market suggests that the market is expected to grow in terms of revenue with a CAGR of 21.77% during the forecast period 2019-2027.
Countries that have been studied in the North America mobile payment market are:
• The United States
• Canada
Mobile payment is a type of payment method in which the customer makes use of a mobile device in order to carry out monetary transaction. This method is an alternative to paying money via cash, check, or credit/debit cards for the purchase of various goods or services. Despite the idea of utilizing non-coin-based cash transactions has been prevalent since a long time, it is only of late that the innovation to make these changes have turned out to be generally available. The North American mobile payment market can be classified based on the type of payment and medium.
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The growth in the e-commerce industry is largely responsible for the large-scale adoption of mobile payment systems in North America. A payment system called Near Field Communication (NFC) is now being incorporated into mobile phones to make a digital wallet. Moreover, mobile payment is a favorable option as compared to other payment modes. The entry of tech giants such as Apple and Google has generated tremendous scope for the proliferation of the global mobile payments market. Companies like Paypal, MCX, Braintree, etc. have been in the market since long. Mobile payments systems need to develop technology that can provide a universal mode of payment. Varying set of standards for usage and lack of consensus among major market players has impeded market growth.
The report from Triton discusses the market definition and key industrial insights about the mobile payment market in North America. Also, the industrial player positioning, key market strategies, information about the evolution of the payment market, Porter’s five force analysis, vendor scorecard and the market attractiveness matrix has been provided.
Market by Technology (Data ana ..
VIEW REPORT1. NORTH
AMERICA 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
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 - NORTH AMERICA
6.1. UNITED
STATES
6.2. CANADA
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. DWOLLA
CORP.
7.10.
GOOGLE
7.11.
IZETTLE
7.12.
INTUIT PAY
7.13.
MASTERCARD
7.14.
SQUARE, INC.
7.15.
TENPAY
TECHNOLOGY, LTD.
7.16.
THE WESTERN UNION COMPANY
7.17.
WE PAY, INC.
7.18.
SOFTCARD
7.19.
PAYTM
7.20.
PAYPAL
7.21.
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. NORTH AMERICA
MOBILE PAYMENT MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ BILLION)
TABLE 5. NORTH AMERICA
MOBILE PAYMENT MARKET, BY TYPE, 2019-2027 (IN $ BILLION)
TABLE 6. NORTH AMERICA
MOBILE PAYMENT MARKET, BY MEDIUM, 2019-2027 (IN $ BILLION)
TABLE 7. NORTH AMERICA
MOBILE PAYMENT MARKET, BY APPLICATION, 2019-2027 (IN $ BILLION)
FIGURE 1. NORTH AMERICA
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. NORTH AMERICA
MOBILE PERSON-TO-PERSON TRANSFER (P2P) MARKET 2019-2027 ($ BILLION)
FIGURE 6. NORTH AMERICA
MOBILE COMMERCE MARKET 2019-2027 ($ BILLION)
FIGURE 7. NORTH AMERICA
PREPAID MOBILE WALLET MARKET 2019-2027 ($ BILLION)
FIGURE 8. NORTH AMERICA
IN-APP BILLING MARKET 2019-2027 ($ BILLION)
FIGURE 9. NORTH AMERICA
CARRIER BILLING MARKET 2019-2027 ($ BILLION)
FIGURE 10. NORTH
AMERICA CLOSED-LOOP PAYMENTS MARKET 2019-2027 ($ BILLION)
FIGURE 11. NORTH
AMERICA SMS MARKET 2019-2027 ($ BILLION)
FIGURE 12. NORTH
AMERICA INTERNET MARKET 2019-2027 ($ BILLION)
FIGURE 13. NORTH
AMERICA CONTACTLESS MARKET 2019-2027 ($ BILLION)
FIGURE 14. NORTH
AMERICA USSD MARKET 2019-2027 ($ BILLION)
FIGURE 15. NORTH
AMERICA MOBILE PAYMENT MARKET, BY APPLICATION, 2018 & 2027 (IN %)
FIGURE 16. NORTH
AMERICA MOBILE PAYMENT MARKET, BY HEALTHCARE, 2019-2027 (IN $ BILLION)
FIGURE 17. NORTH
AMERICA MOBILE PAYMENT MARKET, BY RETAIL, 2019-2027 (IN $ BILLION)
FIGURE 18. NORTH
AMERICA MOBILE PAYMENT MARKET, BY ENERGY & UTILITIES, 2019-2027 (IN $
BILLION)
FIGURE 19. NORTH
AMERICA MOBILE PAYMENT MARKET, BY HOSPITALITY AND TRANSPORTATION, 2019-2027 (IN
$ BILLION)
FIGURE 20. NORTH
AMERICA MOBILE PAYMENT MARKET, BY ENTERTAINMENT, 2019-2027 (IN $ BILLION)
FIGURE 21. NORTH
AMERICA MOBILE PAYMENT MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ BILLION)
FIGURE 22. NORTH
AMERICA MOBILE PAYMENT MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 23. UNITED
STATES MOBILE PAYMENT MARKET, 2019-2027 (IN $ BILLION)
FIGURE 24. CANADA
MOBILE PAYMENT MARKET, 2019-2027 (IN $ BILLION)