Product Code: MCP16750
Global Remote Mobile Payments Market to Reach $24 Trillion by 2027
Amid the COVID-19 crisis, the global market for Remote Mobile Payments estimated at US$2.4 Trillion in the year 2020, is projected to reach a revised size of US$24 Trillion by 2027, growing at aCAGR of 39.1% over the period 2020-2027. Peer-to-peer transfer, one of the segments analyzed in the report, is projected to record 36.4% CAGR and reach US$1.6 Trillion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the M-commerce segment is readjusted to a revised 39.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $722.1 Billion, While China is Forecast to Grow at 36.9% CAGR
The Remote Mobile Payments market in the U.S. is estimated at US$722.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Trillion by the year 2027 trailing a CAGR of 36.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35.9% and 33% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 26.4% CAGR.We bring years of research experience to this 8th edition of our report. The 178-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- ACI Worldwide, Inc.
- Alphabet, Inc.
- Apple, Inc.
- DH Corporation
- Fidelity National Information Services, Inc. (FIS)
- Fiserv, Inc.
- MasterCard, Inc.
- PayPal
- Samsung Electronics Co., Ltd.
- Square, Inc.
- Visa, Inc.
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Remote Mobile Payment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Remote Mobile Payments Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 2: Remote Mobile Payments Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
- TABLE 3: Peer-to-peer transfer (Mode of Payment) World Market by Region/Country in US$ Million: 2020 to 2027
- TABLE 4: Peer-to-peer transfer (Mode of Payment) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
- TABLE 5: M-commerce (Mode of Payment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
- TABLE 6: M-commerce (Mode of Payment) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
- TABLE 7: Smart Devices (Device) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
- TABLE 8: Smart Devices (Device) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
- TABLE 9: Feature Phones (Device) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
- TABLE 10: Feature Phones (Device) Market Share Breakdown by Region/Country: 2020 VS 2027
- TABLE 11: Retail (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 12: Retail (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027
- TABLE 13: Hospitality & Tourism (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
- TABLE 14: Hospitality & Tourism (End-Use) Global Market Share Distribution by Region/Country for 2020 and 2027
- TABLE 15: IT & Telecommunication (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
- TABLE 16: IT & Telecommunication (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
- TABLE 17: BFSI (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
- TABLE 18: BFSI (End-Use) Market Share Shift across Key Geographies: 2020 VS 2027
- TABLE 19: Media & Entertainment (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 20: Media & Entertainment (End-Use) Market Share Breakdown by Region/Country: 2020 VS 2027
- TABLE 21: Healthcare (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
- TABLE 22: Healthcare (End-Use) Share Breakdown Review by Region/Country: 2020 VS 2027
- TABLE 23: Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 24: Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Remote Mobile Payment Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 25: United States Remote Mobile Payments Market Estimates and Projections in US$ Million by Mode of Payment: 2020 to 2027
- TABLE 26: United States Remote Mobile Payments Market Share Breakdown by Mode of Payment: 2020 VS 2027
- TABLE 27: United States Remote Mobile Payments Market Estimates and Projections in US$ Million by Device: 2020 to 2027
- TABLE 28: United States Remote Mobile Payments Market Share Breakdown by Device: 2020 VS 2027
- TABLE 29: United States Remote Mobile Payments Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
- TABLE 30: Remote Mobile Payments Market Share Breakdown in the United States by End-Use: 2020 VS 2027
- CANADA
- TABLE 31: Canadian Remote Mobile Payments Market Estimates and Forecasts in US$ Million by Mode of Payment: 2020 to 2027
- TABLE 32: Remote Mobile Payments Market in Canada: Percentage Share Breakdown of Sales by Mode of Payment for 2020 and 2027
- TABLE 33: Canadian Remote Mobile Payments Market Estimates and Forecasts in US$ Million by Device: 2020 to 2027
- TABLE 34: Remote Mobile Payments Market in Canada: Percentage Share Breakdown of Sales by Device for 2020 and 2027
- TABLE 35: Canadian Remote Mobile Payments Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
- TABLE 36: Canadian Remote Mobile Payments Market Share Analysis by End-Use: 2020 VS 2027
- JAPAN
- TABLE 37: Japanese Market for Remote Mobile Payments: Annual Sales Estimates and Projections in US$ Million by Mode of Payment for the Period 2020-2027
- TABLE 38: Japanese Remote Mobile Payments Market Share Analysis by Mode of Payment: 2020 VS 2027
- TABLE 39: Japanese Market for Remote Mobile Payments: Annual Sales Estimates and Projections in US$ Million by Device for the Period 2020-2027
- TABLE 40: Japanese Remote Mobile Payments Market Share Analysis by Device: 2020 VS 2027
- TABLE 41: Japanese Demand Estimates and Forecasts for Remote Mobile Payments in US$ Million by End-Use: 2020 to 2027
- TABLE 42: Remote Mobile Payments Market Share Shift in Japan by End-Use: 2020 VS 2027
- CHINA
- TABLE 43: Chinese Remote Mobile Payments Market Growth Prospects in US$ Million by Mode of Payment for the Period 2020-2027
- TABLE 44: Chinese Remote Mobile Payments Market by Mode of Payment: Percentage Breakdown of Sales for 2020 and 2027
- TABLE 45: Chinese Remote Mobile Payments Market Growth Prospects in US$ Million by Device for the Period 2020-2027
- TABLE 46: Chinese Remote Mobile Payments Market by Device: Percentage Breakdown of Sales for 2020 and 2027
- TABLE 47: Chinese Demand for Remote Mobile Payments in US$ Million by End-Use: 2020 to 2027
- TABLE 48: Chinese Remote Mobile Payments Market Share Breakdown by End-Use: 2020 VS 2027
- EUROPE
- Market Facts & Figures
- European Remote Mobile Payment Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 49: European Remote Mobile Payments Market Demand Scenario in US$ Million by Region/Country: 2018-2025
- TABLE 50: European Remote Mobile Payments Market Share Shift by Region/Country: 2020 VS 2027
- TABLE 51: European Remote Mobile Payments Market Estimates and Forecasts in US$ Million by Mode of Payment: 2020-2027
- TABLE 52: European Remote Mobile Payments Market Share Breakdown by Mode of Payment: 2020 VS 2027
- TABLE 53: European Remote Mobile Payments Market Estimates and Forecasts in US$ Million by Device: 2020-2027
- TABLE 54: European Remote Mobile Payments Market Share Breakdown by Device: 2020 VS 2027
- TABLE 55: European Remote Mobile Payments Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
- TABLE 56: European Remote Mobile Payments Market Share Analysis by End-Use: 2020 VS 2027
- FRANCE
- TABLE 57: Remote Mobile Payments Market in France by Mode of Payment: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 58: French Remote Mobile Payments Market Share Analysis by Mode of Payment: 2020 VS 2027
- TABLE 59: Remote Mobile Payments Market in France by Device: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 60: French Remote Mobile Payments Market Share Analysis by Device: 2020 VS 2027
- TABLE 61: Remote Mobile Payments Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
- TABLE 62: French Remote Mobile Payments Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
- GERMANY
- TABLE 63: Remote Mobile Payments Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Mode of Payment for the Period 2020-2027
- TABLE 64: German Remote Mobile Payments Market Share Breakdown by Mode of Payment: 2020 VS 2027
- TABLE 65: Remote Mobile Payments Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Device for the Period 2020-2027
- TABLE 66: German Remote Mobile Payments Market Share Breakdown by Device: 2020 VS 2027
- TABLE 67: Remote Mobile Payments Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
- TABLE 68: Remote Mobile Payments Market Share Distribution in Germany by End-Use: 2020 VS 2027
- ITALY
- TABLE 69: Italian Remote Mobile Payments Market Growth Prospects in US$ Million by Mode of Payment for the Period 2020-2027
- TABLE 70: Italian Remote Mobile Payments Market by Mode of Payment: Percentage Breakdown of Sales for 2020 and 2027
- TABLE 71: Italian Remote Mobile Payments Market Growth Prospects in US$ Million by Device for the Period 2020-2027
- TABLE 72: Italian Remote Mobile Payments Market by Device: Percentage Breakdown of Sales for 2020 and 2027
- TABLE 73: Italian Demand for Remote Mobile Payments in US$ Million by End-Use: 2020 to 2027
- TABLE 74: Italian Remote Mobile Payments Market Share Breakdown by End-Use: 2020 VS 2027
- UNITED KINGDOM
- TABLE 75: United Kingdom Market for Remote Mobile Payments: Annual Sales Estimates and Projections in US$ Million by Mode of Payment for the Period 2020-2027
- TABLE 76: United Kingdom Remote Mobile Payments Market Share Analysis by Mode of Payment: 2020 VS 2027
- TABLE 77: United Kingdom Market for Remote Mobile Payments: Annual Sales Estimates and Projections in US$ Million by Device for the Period 2020-2027
- TABLE 78: United Kingdom Remote Mobile Payments Market Share Analysis by Device: 2020 VS 2027
- TABLE 79: United Kingdom Demand Estimates and Forecasts for Remote Mobile Payments in US$ Million by End-Use: 2020 to 2027
- TABLE 80: Remote Mobile Payments Market Share Shift in the United Kingdom by End-Use: 2020 VS 2027
- REST OF EUROPE
- TABLE 81: Rest of Europe Remote Mobile Payments Market Estimates and Forecasts in US$ Million by Mode of Payment: 2020-2027
- TABLE 82: Rest of Europe Remote Mobile Payments Market Share Breakdown by Mode of Payment: 2020 VS 2027
- TABLE 83: Rest of Europe Remote Mobile Payments Market Estimates and Forecasts in US$ Million by Device: 2020-2027
- TABLE 84: Rest of Europe Remote Mobile Payments Market Share Breakdown by Device: 2020 VS 2027
- TABLE 85: Rest of Europe Remote Mobile Payments Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
- TABLE 86: Rest of Europe Remote Mobile Payments Market Share Analysis by End-Use: 2020 VS 2027
- ASIA-PACIFIC
- TABLE 87: Remote Mobile Payments Market in Asia-Pacific by Mode of Payment: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 88: Asia-Pacific Remote Mobile Payments Market Share Analysis by Mode of Payment: 2020 VS 2027
- TABLE 89: Remote Mobile Payments Market in Asia-Pacific by Device: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 90: Asia-Pacific Remote Mobile Payments Market Share Analysis by Device: 2020 VS 2027
- TABLE 91: Remote Mobile Payments Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
- TABLE 92: Asia-Pacific Remote Mobile Payments Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
- REST OF WORLD
- TABLE 93: Rest of World Remote Mobile Payments Market Estimates and Forecasts in US$ Million by Mode of Payment: 2020 to 2027
- TABLE 94: Remote Mobile Payments Market in Rest of World: Percentage Share Breakdown of Sales by Mode of Payment for 2020 and 2027
- TABLE 95: Rest of World Remote Mobile Payments Market Estimates and Forecasts in US$ Million by Device: 2020 to 2027
- TABLE 96: Remote Mobile Payments Market in Rest of World: Percentage Share Breakdown of Sales by Device for 2020 and 2027
- TABLE 97: Rest of World Remote Mobile Payments Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
- TABLE 98: Rest of World Remote Mobile Payments Market Share Analysis by End-Use: 2020 VS 2027
IV. COMPETITION
- Total Companies Profiled: 42
