DUBLIN--(BUSINESS WIRE)--The "Remote Mobile Payments - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis and the looming economic recession, the Remote Mobile Payments market worldwide will grow by a projected US $22.4 Trillion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 46.5%. Peer-to-peer transfer, one of the segments analyzed and sized in this study, is forecast to grow at over 43.4% and reach a market size of US $1.6 Trillion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Peer-to-peer transfer market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 44.1% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US $537.7 Billion to the region's size over the next 7 to 8 years. In addition, over US $1 Trillion worth of projected demand in the region will come from Rest of European markets. In Japan, the Peer-to-peer transfer segment will reach a market size of US $49.1 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Remote Mobile Payments market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 40.1% over the next couple of years and add approximately US $2 Trillion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Remote Mobile Payments market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others are:
- ACI Worldwide, Inc.
- Alphabet, Inc.
- Apple, Inc.
- DH Corporation
- Fidelity National Information Services, Inc. (FIS)
- Fiserv, Inc.
- MasterCard, Inc.
- PayPal
- Samsung Electronics Co., Ltd.
- Square, Inc.
- Visa, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Remote Mobile Payment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Remote Mobile Payment Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Remote Mobile Payment Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
- Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/e5b6qe
