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The global mobile wallet market is expected to reach USD 2,950.2 billion by 2020. Increasing smartphone penetration, exponential growth of mobile internet applications and advancement of 3G and 4G networks are expected to serve as key market drivers over the forecast period. Technological advancement and the advent of NFC (Near-Field Communication) are also expected to positively impact market growth over the forecast period.

The market is characterized by consumer demand for easy and convenient payment modes that consume minimum time as against traditional banking channels. Furthermore, surging demand for high-end mobile devices and integration of technologies such as RFID, Bluetooth and NFC across POS (Point of Sale) terminals is expected to significantly contribute to industry growth. Additionally, secure and easy payment processes and enhanced user experience offered by mobile wallet solutions are expected to fuel global demand.

Further Key findings from the study suggest:

The global mobile wallet market was estimated to comprise 230 million users in 2013, which is expected to reach 1,420.8 million users by 2020, growing at a CAGR of 30.0% from 2014 to 2020.

Retail was the largest application area in 2013 and accounted for over 40% of the overall market. This can be primarily attributed to initiatives to equip retail stores with easy mobile device payment options along with integration of POS terminals and various loyalty schemes, which result in better customer engagement. In public transportation, mobile wallet facilitates the purchase of tickets for air, rail, bus, and other forms of transport in an efficient manner.

Asia Pacific accounted for over 30% of the global market volume in 2013. Furthermore, the region is expected to witness the fastest growth over the next six years, which can be primarily attributed to the surge in number of smartphone and internet users.

Key industry participants include American Express Inc., BlackBerry, Apple Inc., First Data, Google, ISIS, MasterCard, PayPal Inc., Samsung and Visa Inc. Developing easy-to-use and secure mobile wallet solutions delivering enhanced user experience is expected to be a critical success factor for gaining market share.

For the purpose of this study, Grand View Research has segmented the global mobile wallet market on the basis of application and region:

- Mobile Wallet Application Outlook (Volume, Million Users & Revenue, USD Billion; 2012 – 2020)
- Grocery Stores
- Public Transportation
- Restaurants
- Retail
- Vending Machines
- Mobile Wallet Regional Outlook (Volume, Million Users & Revenue, USD Billion; 2012 – 2020)
- North America
- EMEA
- Asia Pacific
- Latin America

Table Of Contents

Mobile Wallet Market Analysis By Application (Grocery Stores, Public Transportation, Restaurants, Retail, Vending Machines) And Segment Forecasts To 2020
Table of Contents

Chapter 1 Executive Summary
1.1 Mobile Wallet- Industry Summary and Critical Success Factors (CSFs)
Chapter 2 Mobile Wallet Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Mobile Wallet Value Chain Analysis
2.4 Mobile Wallet Market Dynamics
2.4.1 Key Driver Analysis
2.4.1.1 Increasing smartphone penetration
2.4.1.2 Advent of NFC technology
2.4.2 Key Restraint Analysis
2.4.2.1 Security concerns
2.4.2.2 High investment and deployment issues
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Mobile Wallet - Key Company Analysis, 2013
2.8 Mobile Wallet - PESTEL Analysis
Chapter 3 Mobile Wallet Application Outlook
3.1 Grocery Stores
3.1.1 Demand in grocery stores, by region,, 2012 - 2020 (Million Users) (USD Billion)
3.2 Public Transportation
3.2.1 Demand in public transportation, by region, 2012 - 2020 (Million Users) (USD Billion)
3.3 Restaurants
3.3.1 Demand in restaurants, by region,, 2012 - 2020 (Million Users) (USD Billion)
3.4 Retail
3.4.1 Demand in retail, by region,, 2012 - 2020 (Million Users) (USD Billion)
3.5 Vending Machines
3.5.1 Demand in vending machines, by region,, 2012 - 2020 (Million Users) (USD Billion)
Chapter 4 Mobile Wallet Regional Outlook
4.1 North America
4.1.1 Mobile wallet market by application, 2012 - 2020 (Million Users) (USD Billion)
4.2 EMEA
4.2.1 Mobile wallet market by application, 2012 - 2020 (Million Users) (USD Billion)
4.3 Asia Pacific
4.3.1 Mobile wallet market by application, 2012 - 2020 (Million Users) (USD Billion)
4.4 Latin America
4.4.1 Mobile wallet market by application, 2012 - 2020 (Million Users) (USD Billion)
Chapter 5 Mobile Wallet Competitive landscape
5.1 American Express Inc.
5.1.1 Company Overview
5.1.2 Financial Performance
5.1.3 Product Benchmarking
5.1.4 Strategic Initiatives
5.2 Apple Inc.
5.2.1 Company Overview
5.2.2 Financial Performance
5.2.3 Product Benchmarking
5.2.4 Strategic Initiatives
5.3 BlackBerry
5.3.1 Company Overview
5.3.2 Financial Performance
5.3.3 Product Benchmarking
5.3.4 Strategic Initiatives
5.4 First Data
5.4.1 Company Overview
5.4.2 Financial Performance
5.4.3 Product Benchmarking
5.4.4 Strategic Initiatives
5.5 Google
5.5.1 Company Overview
5.5.2 Financial Performance
5.5.3 Product Benchmarking
5.5.4 Strategic Initiatives
5.6 ISIS
5.6.1 Company Overview
5.6.2 Financial Performance
5.6.3 Product Benchmarking
5.6.4 Strategic Initiatives
5.7 MasterCard
5.7.1 Company Overview
5.7.2 Financial Performance
5.7.3 Product Benchmarking
5.7.4 Strategic Initiatives
5.8 PayPal Inc.
5.8.1 Company Overview
5.8.2 Financial Performance
5.8.3 Product Benchmarking
5.8.4 Strategic Initiatives
5.9 Samsung
5.9.1 Company Overview
5.9.2 Financial Performance
5.9.3 Product Benchmarking
5.9.4 Strategic Initiatives
5.10 Visa Inc.
5.10.1 Company Overview
5.10.2 Financial Performance
5.10.3 Product Benchmarking
5.10.4 Strategic Initiatives
Chapter 6 Methodology and Scope
6.1 Research Methodology
6.2 Research Scope and Assumption
6.3 List of Data Sources


List of Tables

1. Mobile Wallet - Industry Summary and Critical Success Factors (CSFs)
2. Global Mobile Wallet market, 2012 - 2020 (Million Users) (USD Billion)
3. Global mobile wallet market by region, 2012 - 2020 (Million Users) (USD Billion)
4. Global mobile wallet market by application, 2012 - 2020 (Million Users) (USD Billion)
5. Global mobile wallet demand in grocery stores, 2012 - 2020 (Million Users) (USD Billion)
6. Global mobile wallet demand in grocery stores by region, 2012 - 2020 (Million Users)
7. Global mobile wallet demand in grocery stores by region, 2012 - 2020 (USD Billion)
8. Global mobile wallet demand in public transportation, 2012 - 2020 (Million Users) (USD Billion)
9. Global mobile wallet demand in public transportation, by region, 2012 - 2020 (Million Users)
10. Global mobile wallet demand in public transportation, by region, 2012 - 2020 (USD Billion)
11. Global mobile wallet demand in restaurants, 2012 - 2020 (Million Users) (USD Billion)
12. Global mobile wallet demand in restaurants by region, 2012 - 2020 (Million Users)
13. Global mobile wallet demand in restaurants by region, 2012 - 2020 (USD Billion)
14. Global mobile wallet demand in retail, 2012 - 2020 (Million Users) (USD Billion)
15. Global mobile wallet demand in retail by region, 2012 - 2020 (Million Users)
16. Global mobile wallet demand in retail by region, 2012 - 2020 (USD Billion)
17. Global mobile wallet demand in vending machines, 2012 - 2020 (Million Users) (USD Billion)
18. Global mobile wallet demand in vending machines by region, 2012 - 2020 (Million Users)
19. Global mobile wallet demand in vending machines by region, 2012 - 2020 (USD Billion)
20. North America mobile wallet market by application 2012 - 2020 (Million Users)
21. North America mobile wallet market by application 2012 - 2020 (USD Billion)
22. EMEA mobile wallet market by application 2012 - 2020 (Million Users)
23. EMEA mobile wallet market by application 2012 - 2020 (USD Billion)
24. Asia Pacific mobile wallet market by application 2012 - 2020 (Million Users)
25. Asia Pacific mobile wallet market by application 2012 - 2020 (USD Billion)
26. Latin America mobile wallet market by application 2012 - 2020 (Million Users)
27. Latin America mobile wallet market by application 2012 - 2020 (USD Billion)


List of Figures

1. Mobile Wallet Market Segmentation
2. Global mobile wallet market, 2012 - 2020 (Million Users) (USD Billion)
3. Mobile Wallet value chain analysis
4. Mobile Wallet market dynamics
5. Mobile Wallet - Key company analysis, 2013
6. Key Opportunities Prioritized
7. Industry Analysis - Porter's
8. Mobile Wallet PESTEL Analysis, 2013
9. Mobile Wallet market share by application, 2013 and 2020
10. Global mobile wallet demand in grocery stores, 2012 - 2020 (Million Users) (USD Billion)
11. Global mobile wallet demand in public transportation, 2012 - 2020 (Million Users) (USD Billion)
12. Global mobile wallet demand in restaurants, 2012 - 2020 (Million Users) (USD Billion)
13. Global mobile wallet demand in retail, 2012 - 2020 (Million Users) (USD Billion)
14. Global mobile wallet demand in vending machines, 2012 - 2020 (Million Users) (USD Billion)
15. Mobile Wallet market share by region, 2013 and 2020
16. North America mobile wallet market, by application, 2012 - 2020 (Million Users)
17. North America mobile wallet market, by application, 2012 - 2020 (USD Billion)
18. EMEA mobile wallet market, by application, 2012 - 2020 (Million Users)
19. EMEA mobile wallet market, by application, 2012 - 2020 (USD Billion)
20. Asia Pacific mobile wallet market, by application, 2012 - 2020 (Million Users)
21. Asia Pacific mobile wallet market, by application, 2012 - 2020 (USD Billion)
22. Latin America mobile wallet market, by application, 2012 - 2020 (Million Users)
23. Latin America mobile wallet market, by application, 2012 - 2020 (USD Billion)

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