marketsandmarketstrends

According to a research report " Mobile Money Market by Transaction mode (Point of Sale, Mobile Apps, QR codes, Internet Payments, SMS, STK/USSD Payments, Direct Carrier Billing, Mobile Banking), Nature of Payment, Application, Type of Payments, Region - Global Forecast to 2024 ", published by MarketsandMarkets, the mobile money market to grow from USD 3.4 billion in 2019 to USD 12.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 28.7% during the forecast period. Major factors expected to drive the growth of the mobile money market include the rise in the number of mobile subscribers, government initiatives to promote cashless economies, and growth of businesses with digital payment-based business models. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=577 By transaction mode, mobile apps segment to grow at the highest rate during the forecast period By transaction mode, the mobile apps segment is expected to grow at the hig...

According to a research report  " Mobile Money Market demand is growing due to the growing number of mobile phones and increased network coverage in developing countries, companies have come up with new innovative mobile oriented functionalities and solutions to bring the world at the customer’s fingertips. - Global Forecast to 2024" published by MarketsandMarkets. The mobile money market size is expected to grow from USD 3.4 billion in 2019 to USD 12.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 28.7% during the forecast period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=577 By application, the money transfers segment to account for the highest market share during the forecast period By application, the mobile money transfers segment is expected to hold the highest market share during the forecast period. The money transfers segment includes international remittances, cash-in/cash-out, and off-net transfers. These t...