Feb. 6, 2020, 8:00 a.m. EST

Mobile Payment Market Overview and Detailed Insights on Upcoming Trends till 2026

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Feb 06, 2020 (The Expresswire) -- Top Players in Mobile Payment Market are ABB, Siemens, Schneider Electric, Rockwell Automation, Toshiba International Corporation Ltd, Parker Hannifin, Danfoss, Nidec Motor Corporation, Sprint Electric Limited, American Control Electronics, Crompton Greaves Limited, Renown Electric Motors, GE Power ConversionAlipay.com Co Ltd, Amazon.com Inc, American Express Co, Boku Inc, Google Inc, MasterCard International Inc, Microsoft Corporation, Obopay, PayPal Inc, Visa Inc

The global mobile payment market size is projected to reach a transaction value of USD 6,884.24 billion by 2026, thereby exhibiting a CAGR of 28.7% during the forecast period. Whilst, it stood at USD 925.69 billion in 2018. This information is provided in a recently published study by Fortune Business Insights™, titled, “Mobile Payment Market Size, Share and Industry Analysis, By Payment Type (Proximity Payment, Remote Payment), By Industry (Media and Entertainment, Retail, BFSI, Automotive, Medical and Healthcare, Transportation, Consumer Electronics, Others), and Regional Forecast, 2019-2026.”

For More Information and Detailed Scope of this Report, Visit - https://www.fortunebusinessinsights.com/industry-reports/mobile-payment-technology-market-100336

Fortune Business Insights™ profiles some of the most prominent companies operating in the mobile payment market. They are as follows:

  • Obopay

  • Google Inc.

  • com Co Ltd.

  • Microsoft Corporation

  • Boku Inc.

  • MasterCard International Inc.

  • Visa Inc.

  • com Inc.

  • PayPal Inc.

  • American Express Co.

The study further states that the market is likely to gain momentum from the expansion of e-commerce businesses and increasing digitalization of payment services. Also, several companies present in the market are persistently launching value-added services, such as reward cards to encourage consumers to use mobile payment features. It is done because of the rising competition amongst the key players to widen their consumer bases by offering them an enhanced experience. This factor would affect the market positively in the coming years.

Get Sample Brochure for More Details - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/mobile-payment-technology-market-100336

What Does This Report Contain?

  • In-depth information about the mobile payment market trends, growth drivers, barriers, opportunities, and other related challenges.

  • List of all the segments, as well as the niche areas of the market.

  • Competitive landscape consisting of new agreements, mergers and acquisitions, contracts, unique product launches, collaborations, and investments.

  • Detailed geographical analysis to help entrepreneurs in focusing on the most significant region.

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