India Mobile Wallet Market (2016-2022): India's Mobile Wallet Market Is Projected to Generate $11.5 billion by 2022

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Research and Markets

28 Oct, 2015, 18:10 GMT

DUBLIN, Oct. 28, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/l9v4bs/india_mobile) has announced the addition of the "India Mobile Wallet Market (2016-2022): Market Forecast By Verticals, Applications, Devices Used and Regions" report to their offering.

India has emerged as one of the fastest growing mobile wallet markets in the Asia Pacific region. In financial year 2014-15 alone, m-wallet transactions registered a swashbuckling growth of more than 130% as compared to previous year. Thanks to increasing penetration of smartphones & tablets, gaining consumer confidence and surging mobile internet subscribers are providing necessary boost to the market.

Reserve Bank of India expected measures to increase the mobile wallet limit and players investing heavily in the marketing campaigns would further fuel the growth of the market. Telecom and broadcasting vertical is the leading revenue contributor in the overall market followed banking vertical. In the forecast period, banking vertical is expected to grow with fastest CAGR amongst all verticals. In application market, recharge application captured lion share of the market.

India's Mobile wallet Market (2016-2022) provides in-depth analysis with 53 figures and 3 tables covered in more than 100 pages. The report thoroughly covers the market by verticals, applications, devices used and regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

The report provides the detailed analysis of the following market segments:

  • Verticals
  • - Telecom and Broadcasting
  • - Banking
  • - Transportation
  • - Utilities
  • - Retail
  • Applications
  • - Recharge
  • - Money Transfer
  • - Bill Payment
  • - Ticketing
  • - Others
  • Devices Used
  • - Mobile Phones
  • - Desktop PC
  • Regions
  • - Tier-1 Cities
  • - Tier-2 Cities
  • - Tier-3 Cities

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Global Mobile Wallet Market Overview

4 India Mobile Wallet Market Overview

5 India Mobile Wallet Market Dynamics

6 India Mobile Wallet Market Trends

7 Government Regulations

8 India Mobile Wallet Market Overview, By Verticals

9 India Mobile Wallet Market Overview, By Devices Used

10 India Mobile Wallet Market Overview, By Application

11 India Mobile Wallet Market Overview, By Region

12 India Mobile Wallet Market Competitive Landscape

13 Company Profiles

14 Key Strategic Pointers

Companies Mentioned

- Airtel M-Commerce Services Limited

- Citrus Payment Solutions Pvt Ltd.

- ItzCash Card Limited

- MMP Mobi Wallet Payment Services Limited

- My Mobile Payment Limited

- Novopay Solutions Pvt Ltd.

- One MobiKwik Systems Pvt Ltd.

- Oxigen Services (India) Pvt Ltd.

- Paytm Mobile Solutions Pvt. Ltd.

- PayU Payments Pvt Ltd.

- Vodafone M-Pesa Limited

- Y-Cash Software Solutions Pvt Ltd.

For more information visit

http://www.researchandmarkets.com/research/l9v4bs/india_mobile

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

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SOURCE Research and Markets