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Global IT Spending Market by Mobile Payment Service Providers 2015-2019

  • November 2015
  • -
  • Infiniti Research Limited
  • -
  • 73 pages

About IT spending by mobile payment service provider
Proliferation of mobile devices has created a market for mobile payments. Mobile payments are transactions that can be carried out using mobile devices such as smartphones. Mobile payments are a revolutionary trend in the digital payments industry and use technology such as NFC for touchless payments. They enable online purchases and payment of bills. The growth of the global mobile payment market has been stimulated by an ever growing m-commerce market and adoption of smartphones, along with the availability of value-added services at affordable costs.

Mobile payment service providers such as PayPal, Mastercard, AmazonPay, and Google Wallet are increasingly investing in IT to enhance their technological capabilities, ensure operational efficiency, and keep pace with a growing customer base. Mobile payment service providers are also acquiring IT players and building in-house capabilities. They are also collaborating with IT players, such as IBM and Oracle, to better understand their customers’ needs and offer customized services using analytics and BI tools.
Data security is a key concern among mobile payment service providers. These providers gather personal data to customize advertisements and reach the target audience.
They track cookies to gather information. Indiscriminate use of this data can lead to infringement of customers’ privacy. It also leads to concerns about the security of customers’ financial information. However, mobile payment service providers are trying to enhance security of data, and to some extent have changed consumer perception about security of their personal information. Technavio expects substantial spending on mobile payment solutions from the banking sector. The banking sector is investing in several initiatives including digital banking and digital transformation, mobile banking and payments, security solutions, and analytical solutions.

Technavio's analysts forecast the global IT spending market by mobile payment service providers to grow at a CAGR of 12.26% over the period 2014-2019.

Covered in this report
This report covers the present scenario and growth prospects of the global IT spending market by mobile payment service providers for the period 2015-2019. To calculate the market size, the report considers revenue generated through sales of hardware, software, and services.

The report presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the global IT spending market by mobile payment service providers. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Technavio's report, Global IT Spending Market by Mobile Payment Service Providers 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, the Americas, and EMEA. It also covers the landscape of the global IT spending market by mobile payment service providers and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

Key Vendors
- Amazon Payments
- HP
- IBM
- MasterCard
- Oracle
- PayPal
- SAP

Other prominent vendors
- Accenture
- Apple Pay
- AT&T
- CSC
- Fujitsu
- Google Pay
- Infosys
- Samsung
- SAP
- Square
- TCS
- Verizon
- Wipro

Market driver
- Rise in technological advancements
- For a full, detailed list, view our report

Market challenge
- Concerns regarding security and privacy of data
- For a full, detailed list, view our report

Market trend
- Emergence of cloud-based mobile payment solutions
- For a full, detailed list, view our report


Key Questions Answered in this Report
- What will the market size be in 2019 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?

Table Of Contents

Global IT Spending Market by Mobile Payment Service Providers 2015-2019
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Base year
Offerings of the top vendors
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Industry overview
Market size and forecast
Five forces analysis
Market segmentation based on product
PART 06: Geographical segmentation
Market segmentation based on geography
Americas
EMEA
APAC
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
Vendor landscape
Other prominent vendors
PART 13: Key vendor analysis
Amazon Payments
HP
IBM
MasterCard
Oracle
PayPal
PART 14: Appendix
List of abbreviations
PART 15: Explore Technavio

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Overview: Mobile payment market
Exhibit 03: Global IT spending by mobile payment service providers 2014-2019 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Segmentation based on product 2014
Exhibit 06: Segmentation based on geography 2014
Exhibit 07: IT spending by mobile payment service providers in Americas 2014-2019 ($ billions)
Exhibit 08: IT spending by mobile payment service providers in EMEA 2014-2019 ($ billions)
Exhibit 09: IT spending by mobile payment service providers in APAC 2014-2019 ($ billions)
Exhibit 10: Global mobile devices 2014-2019 (millions of units)
Exhibit 11: Global smartphone and tablet penetration 2014-2019 (% of global population)
Exhibit 12: Impact of drivers
Exhibit 13: Impact of drivers and challenges
Exhibit 14: Amazon Payments: Business offerings
Exhibit 15: HP: Business segmentation by revenue 2014
Exhibit 16: HP: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 17: HP: Geographical segmentation by revenue 2014
Exhibit 18: IBM: Business segmentation
Exhibit 19: IBM: Business segmentation revenue 2013 and 2014 ($ billions)
Exhibit 20: IBM: Business segmentation revenue 2013 and 2014 ($ billions)
Exhibit 21: MasterCard: Business segmentation by revenue 2014
Exhibit 22: MasterCard: Business segmentation by revenue 2013 and 2014
Exhibit 23: MasterCard: Geographical segmentation by revenue 2014
Exhibit 24: Oracle: Business segmentation by revenue 2014
Exhibit 25: Oracle: Business segmentation by revenue 2014 and 2015
Exhibit 26: Oracle: Geographical segmentation by revenue 2014
Exhibit 27: PayPal: Business offerings

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