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Mobile Wallet Market Share

Report ID: GMI2653
Published Date: Aug 2023
Report Format: PDF

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Mobile Wallet Market Share

Major companies operating in the mobile wallet market are

PayPal Holdings Inc
Barclays Plc
Google LLC
American Express Company
Allied Wallet
Inc J.P. Morgan Chase &Co
Vodafone Group PLC
Ant Financial Services Group
Skrill Ltd
First Data Corporation (Fiserv)
Amazon.com Inc
ICICI Bank Limited
Apple Inc
Visa Inc
One97 Communications Limited
AT&T Inc
Tencent Holdings Limited
Mastercard Incorporated

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of mobile wallet reached USD 318.5 billion in 2022 and is set to grow at over 18.5% CAGR from 2023 to 2032, due to the widespread adoption of smartphones and internet connectivity worldwide.

The optical/QR code segment was valued at USD 200 billion revenue in 2022, on account of its simplicity, speed, and compatibility.

Asia-Pacific market recorded over 55% of revenue share in 2022, owing to the growing smartphone penetration and increasing digital literacy in the region.

PayPal Holdings Inc., Barclays Plc, Google LLC, American Express Company, Allied Wallet, Inc., J.P. Morgan Chase &Co., Vodafone Group PLC, Ant Financial Services Group, and Skrill Ltd. are some of the major mobile wallet companies worldwide.