The global mobile wallet market is expected to grow at a CAGR of around 18.6% during 2024-2033. This report on global mobile wallet market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global mobile wallet market by segmenting the market based on mode of payment, type, application, and region. Also, detailed profiles of companies operating in the mobile wallet market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• Increasing Smartphones Penetration
• Increasing E-commerce Platforms

Market Challenges
• Data Privacy Concerns

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Mode of Payment
• Remote
o Internet Payments
o SMS Payments
o Mobile Banking
o Other
• Proximity
o Near Field Communication (NFC)
o Quick Response Code Payments (QR)
o Magnetic Secure Transmission (MST)
o Other

Market by Type
• Closed
• Semi-Closed
• Open

Market by Application
• Retail & E-commerce
• Hospitality & Transportation
• Banking
• Vending Machine
• Other Applications

Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa