Mobile Communications Carrier Strategies

Date of Publication: Jul 1, 2016
The global mobile wallet market reached $46.8 billion in 2014. The market is expected to reach $113.5 billion by 2020 from $635.0 billion in 2015, increasing at a compound annual growth rate (CAGR) of 41.1% from 2015 to 2020. The market is segmented on the basis of technologies: mobile commerce—mobile payment solutions (mobile shopping, bill payments, entertainment and events and hotels), contactless near-field communication (NFC); mobile coupon; money transfer; mobile micropayment; mobile ticketing—rail, metro and bus tickets; airline tickets and boarding passes; passenger check-in; baggage check-in; and micropayments. This report will also outline in detail the following product segmentations: NFC chips, NFC tags, NFC readers, NFC micro secure digital (SD) cards and NFC SIM or universal integrated circuit cards (UICCs).