ICT Media

Mobile Wallet Market in India 2014-2018

  • TEC144114
  • 54 Pages
  • October 2014
  • ICT Media
About Mobile Wallet
Mobile wallets are electronic accounts, which can be maintained on cellphones. They help account holders make bill payments or online purchases. They are a revolutionary trend in the Digital Payments industry and are based on NFC technology. The increased adoption of smartphones, tablets, and other mobile technology has changed the way customers make payments. Before the advent of smartphones, Java-enabled and internet-based phones were sparingly used because the usage was limited to SMS and calling options. At that time, carrier charges were high, and therefore customers used these services less. Recently, the growth of the Global Mobile Wallet market has been stimulated by the highly competitive Telecom market and the growing adoption of smartphones and value-added services.
TechNavio's analysts forecast the Mobile Wallet market in India to grow at a CAGR of 140.87 percent over the period 2013-2018.
Covered in this Report
This report covers the present market scenario and growth prospects of the Mobile Wallet market in India for the period 2014-2018. To calculate the market size, the report considers the total revenue generated by the retail transactions sourced through mobile devices. These transactions include mobile commerce transactions, mobile ticketing, mobile coupons, money transfer, and micropayments.
TechNavio's report, the Mobile Wallet Market in India 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers India; it also covers the Mobile Wallet market in India market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
India
Key Vendors
Citrus Payment Solutions
One97 Communications
Oxigen Services India
Other Prominent Vendors

Airtel Money
Apple
Google
Mobikwik
M-Pesa
Livquick
PayPal
Tata Teleservices
YPayCash
ZipCash
Market Driver
Increased Benefits of Mobile Wallets
For a full, detailed list, view our report
Market Challenge
Infrastructure Inadequacies
For a full, detailed list, view our report
Market Trend
Higher dependency on Cellphones
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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