Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 40,289.8 Million | USD 235,347.8 Million | 34.2% | 2021 |
FrequentlyAsked Questions
Increasing smartphone proliferation, growing internet infrastructure and rapid digitization some major trends that guide mobile payment technology market growth.
According to the Zion Market Research report, the global mobile payment technology market was worth about US$ 40,289.8 million in 2021 and is predicted to grow to around US$ 235,347.8 million by 2028, with a compound annual growth rate (CAGR) of around 34.2%.
Asia Pacific is expected to dominate the mobile payment technology market over the forecast period.
Leading players in the global mobile payment technology market include Google (Alphabet Inc.), Alibaba Group Holdings Limited, Amazon.com Inc., Apple Inc., American Express Company, M Pesa, Money Gram International, PayPal Holdings Inc., Samsung Electronics Co. Ltd., Visa Inc., and WeChat (Tencent Holdings Limited), among others.
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