Market Reprots on India

Market Reports on India Provides the Trending Market Research Report on “ Mobile Wallet Market in India (2018-2023) ” under Financial Services category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. The growth of e-commerce, an expanding smartphone user base, presence of payment banks and Unified Payment Interface (UPI) platforms are driving the Mobile Wallet Market in India . It is estimated that during the FY 2019–FY 2023 period, the Indian mobile wallet market will expand at a compound annual growth rate (CAGR) of ~52.21%, by volume, from the mark of 6.4 Bn in FY 2018. Service-wise market segment insights: In FY 2017, the money transfer segment had a market share of ~37.60%, followed by the recharge and bill payments segment (~29.71%). This shows that after the demonetization of INR 500 and INR 1,000 banknotes in November 2016, Indian consumers have accepted mobile wallets as the smart and co...

Market Reports on India Provides the Trending Market Research Report on “ India Mobile Wallet Market By Application (Money Transfer, Recharge, Taxi Booking, Utility Payment, Movie Tickets, Train, Online Food Ordering and Others), Competition Forecast and Opportunities, 2013 - 2024 ” under Media & Technology category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. India Mobile Wallet Market is projected to grow from around $ 16 billion in 2018 to $ 184 billion by 2024, exhibiting growth at a staggering CAGR of 44% during 2019 - 2024. Anticipated growth in the market can be attributed to growing smartphone user base and rising internet penetration across the country. Moreover, various e-commerce companies are now increasingly accepting mobile wallets for convenience of their customers, which is positively influencing the country’s mobile wallet market. Among applications of mobile wallets, money tra...