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Mobile Wallet Market Report Scope & Overview:

The Mobile Wallet Market size was USD 9.53 Billion in 2023 and is expected to Reach USD 70.8 Billion by 2031 and grow at a CAGR of 28.5% over the forecast period of 2024-2031.

A mobile wallet is an electronic wallet that makes payments quickly and securely using a bank account or credit/debit card. Users can make purchases using a mobile wallet, including mobile recharges, bill payments, reservations for movies and trips, and money transfers between bank accounts. The retail and e-commerce segment dominated the global mobile wallet market in 2022 with a market share of over 30%. This is due to the growing acceptance of mobile wallets among retailers and online channels. Retailers are focusing on contactless payment technologies in order to gain consumer purchase activity data in real time.

Mobile Wallet Market Revenue Analysis

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MARKET DYNAMICS

KEY DRIVERS

  • Increasing adoption of mobile devices

  • Growing popularity of contactless payments

The increasing adoption of mobile devices is one of the key drivers of the mobile wallet market. Mobile devices are becoming increasingly popular as they offer a convenient and secure way to make payments.

RESTRAIN

  • High initial investment

  • There is still a lack of awareness about mobile wallets. This is preventing some users from adopting mobile wallets.

The initial investment required to set up a mobile wallet can be high. This can be a barrier for small businesses and start-ups.

OPPORTUNITY

  • The growth of the Internet of Things

  • The rise of 5G is expected to open up new opportunities for mobile wallets.

  • The development of new features

The growth of the IoT is also expected to create new opportunities for mobile wallets. IoT devices can be used to make payments without the need for a physical card or device.

CHALLENGES

  • Technical challenges

  • The mobile wallet market is becoming increasingly competitive. There are many different mobile wallet providers, and they are constantly competing for market share.

There are still some technical challenges that need to be addressed before mobile wallets can become mainstream. These challenges include security, interoperability, and scalability.

IMPACT OF RUSSIA-UKRAINE WAR

The Russia-Ukraine war has had a significant impact on the mobile wallet market. The war has disrupted supply chains, caused economic uncertainty, and led to sanctions against Russia. These factors have made it difficult for mobile wallet providers to do business in Russia and Ukraine, and have also affected businesses in other parts of the world. The war in Ukraine has also had an impact on mobile wallet providers. Some providers have had to lay off employees or freeze hiring, due to the economic uncertainty caused by the war. Apple Pay, a leading mobile wallet provider, suspended its operations in Russia in March 2022. The suspension was reportedly due to the war in Ukraine and the sanctions imposed on Russia. Visa and Mastercard, two leading payment processors, suspended their operations in Russia in March 2022. The suspension was reportedly due to the war in Ukraine and the sanctions imposed on Russia. The market is likely to continue to evolve as the war progresses.

IMPACT OF ONGOING RECESSION

The mobile wallet market is already highly competitive, and the recession is likely to make it even more competitive. As businesses struggle to attract and retain customers, they may be more likely to offer discounts and promotions on mobile wallet payments. This could lead to lower fees for consumers, but it could also make it more difficult for mobile wallet companies to make a profit. A study by the Mercator Advisory Group found that mobile wallet adoption rates declined by 10% during the recession. The average spending per mobile wallet user also declined by 15%.  Mobile wallet companies may need to focus on providing more value-added services, such as loyalty programs or cashback rewards, in order to attract and retain customers during a recession. These services can help to differentiate mobile wallets from other payment methods and make them more appealing to consumers. Mobile wallet companies may need to invest more in marketing and advertising during a recession in order to reach new customers and stay top-of-mind with existing customers.

KEY MARKET SEGMENTATION

By Type

  • Proximity

  • Remote

By Technology

  • Near Field Communication

  • QR Code

  • Text based/ Short message service

  • Digital Only

By End User

  • Personal

  • Business

By Industry Vertical

  • Hospitality

  • Transportation

  • Media

  • Entertainment

  • Retail

  • Healthcare

  • Energy

  • Utilities

  • Telecommunication

  • Others

Region Coverage:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSIS

The North American region accounted for a market share of 30% in the mobile wallet market in 2023. This is due to the high adoption of mobile devices and the increasing popularity of contactless payments in the region. The leading mobile wallet providers in North America are Apple Pay, Google Pay.

The Asia Pacific region accounted for a market share of 55% in the mobile wallet market Asia Pacific was the market leader and is predicted to remain so throughout the projected period. The industry is being driven by factors like increased e-commerce the rapid growth of the mobile payments market in the region, driven by the increasing adoption of smartphones and the growing popularity of e-commerce. and retail activity in nations like China and India, as well as factors like rising smartphone use and internet subscriber numbers. Additionally, it is anticipated that growing government efforts like Digital India and Make in India would increase the adoption of smartphones and other smart devices, driving up demand for mobile wallets.

Mobile Wallet Market By region

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KEY PLAYERS

The major players in the Mobile Wallet Market are MasterCard, Alipay.com, Google LLC, Visa Inc., American Express company, AT&T Inc., PayPal Holdings, Inc., Samsung Electronics Co., Ltd., apple Inc., Amazon.com Inc. and other players.

 MasterCard-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENTS

Amazon Pay:

In March 2023, Amazon Pay launched in the United Arab Emirates Amazon Pay, a digital wallet service from Amazon, launched in the United Arab Emirates The service allows users to make payments online and in stores using their Amazon account.

Google Pay:

In February 14, 2023, Google Pay partnered with Flipkart to offer cashback rewards Google Pay announced a partnership with Flipkart, an Indian e-commerce company, to offer cashback rewards to users who pay with Google Pay. The partnership will go live in India in early 2023.

Mobile Wallet Market Report Scope:

Report Attributes Details
Market Size in 2023  US$ 9.53 Billion
Market Size by 2031  US$ 70.8 Billion
CAGR   CAGR of 28.5% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Proximity and Remote)
• By Technology (Near Field Communication, QR Code, Text based/ Short message service, and Digital Only)
• By End User (Personal and Business)
• By Industry Vertical (Hospitality, Transportation, Media, Entertainment, Retail, Healthcare, Energy, utilities, Telecommunication, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles MasterCard, Alipay.com, Google LLC, Visa Inc., American Express company, AT&T Inc., PayPal Holdings, Inc., Samsung Electronics Co., Ltd., apple Inc., Amazon.com Inc.
Key Drivers • Increasing adoption of mobile devices
• Growing popularity of contactless payments
Market Challenges • Technical challenges
• The mobile wallet market is becoming increasingly competitive. There are many different mobile wallet providers, and they are constantly competing for market share.

 

Frequently Asked Questions

Ans. The Compound Annual Growth rate for Mobile Wallet Market over the forecast period is 27.6 %.

Ans. USD 53.40 Billion is the Company's projected Mobile Wallet Market size by 2030.

Ans. Mobile wallets rely on NFC mobile payment technology. Instead of swiping a credit card, users place their phone near the payment terminal briefly until they’re alerted that the payment is complete.

Ans. Mobile wallets offer several benefits, including convenience, security, and the ability to store and handle consumer incentives like customer loyalty programs and coupons.

Ans. Mobile wallets offer better security than swiping physical debit or credit cards. The actual card number isn't used when using a mobile wallet, and users can set up additional security measures like biometric authentication.

TABLE OF CONTENTS

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Recession
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Mobile Wallet Market Segmentation, by Type
8.1 Proximity
8.2 Remote

9. Mobile Wallet Market Segmentation, by Technology
9.1 Near Field Communication
9.2 QR Code
9.3 Text-based/ Short message service
9.4 Digital Only

10. Mobile Wallet Market Segmentation, by End-User
10.1 Personal
10.2 Business

11. Mobile Wallet Market Segmentation, by Industry Vertical
11.1 Hospitality
11.2 Transportation
11.3 Media
11.4 Entertainment
11.5 Retail
11.6 Healthcare
11.7 Energy
11.8 Utilities
11.9 Telecommunication
11.10 Others

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Mobile Wallet Market by Country
12.2.2 North America Mobile Wallet Market by Type
12.2.3 North America Mobile Wallet Market by Technology
12.2.4 North America Mobile Wallet Market by End-User
12.2.5 North America Mobile Wallet Market by Industry Vertical
12.2.6 USA
12.2.6.1 USA Mobile Wallet Market by Type
12.2.6.2 USA Mobile Wallet Market by Technology
12.2.6.3 USA Mobile Wallet Market by End-User
12.2.6.4 USA Mobile Wallet Market by Industry Vertical
12.2.7 Canada
12.2.7.1 Canada Mobile Wallet Market by Type
12.2.7.2 Canada Mobile Wallet Market by Technology
12.2.7.3 Canada Mobile Wallet Market by End-User
12.2.7.4 Canada Mobile Wallet Market by Industry Vertical
12.2.8 Mexico
12.2.8.1 Mexico Mobile Wallet Market by Type
12.2.8.2 Mexico Mobile Wallet Market by Technology
12.2.8.3 Mexico Mobile Wallet Market by End-User
12.2.8.4 Mexico Mobile Wallet Market by Industry Vertical
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Mobile Wallet Market by Country
12.3.1.2 Eastern Europe Mobile Wallet Market by Type
12.3.1.3 Eastern Europe Mobile Wallet Market by Technology
12.3.1.4 Eastern Europe Mobile Wallet Market by End-User
12.3.1.5 Eastern Europe Mobile Wallet Market by Industry Vertical
12.3.1.6 Poland
12.3.1.6.1 Poland Mobile Wallet Market by Type
12.3.1.6.2 Poland Mobile Wallet Market by Technology
12.3.1.6.3 Poland Mobile Wallet Market by End-User
12.3.1.6.4 Poland Mobile Wallet Market by Industry Vertical
12.3.1.7 Romania
12.3.1.7.1 Romania Mobile Wallet Market by Type
12.3.1.7.2 Romania Mobile Wallet Market by Technology
12.3.1.7.3 Romania Mobile Wallet Market by End-User
12.3.1.7.4 Romania Mobile Wallet Market by Industry Vertical
12.3.1.8 Hungary
12.3.1.8.1 Hungary Mobile Wallet Market by Type
12.3.1.8.2 Hungary Mobile Wallet Market by Technology
12.3.1.8.3 Hungary Mobile Wallet Market by End-User
12.3.1.8.4 Hungary Mobile Wallet Market by Industry Vertical
12.3.1.9 Turkey
12.3.1.9.1 Turkey Mobile Wallet Market by Type
12.3.1.9.2 Turkey Mobile Wallet Market by Technology
12.3.1.9.3 Turkey Mobile Wallet Market by End-User
12.3.1.9.4 Turkey Mobile Wallet Market by Industry Vertical
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Mobile Wallet Market by Type
12.3.1.10.2 Rest of Eastern Europe Mobile Wallet Market by Technology
12.3.1.10.3 Rest of Eastern Europe Mobile Wallet Market by End-User
12.3.1.10.4 Rest of Eastern Europe Mobile Wallet Market by Industry Vertical
12.3.2 Western Europe
12.3.2.1 Western Europe Mobile Wallet Market by Country
12.3.2.2 Western Europe Mobile Wallet Market by Type
12.3.2.3 Western Europe Mobile Wallet Market by Technology
12.3.2.4 Western Europe Mobile Wallet Market by End-User
12.3.2.5 Western Europe Mobile Wallet Market by Industry Vertical
12.3.2.6 Germany
12.3.2.6.1 Germany Mobile Wallet Market by Type
12.3.2.6.2 Germany Mobile Wallet Market by Technology
12.3.2.6.3 Germany Mobile Wallet Market by End-User
12.3.2.6.4 Germany Mobile Wallet Market by Industry Vertical
12.3.2.7 France
12.3.2.7.1 France Mobile Wallet Market by Type
12.3.2.7.2 France Mobile Wallet Market by Technology
12.3.2.7.3 France Mobile Wallet Market by End-User
12.3.2.7.4 France Mobile Wallet Market by Industry Vertical
12.3.2.8 UK
12.3.2.8.1 UK Mobile Wallet Market by Type
12.3.2.8.2 UK Mobile Wallet Market by Technology
12.3.2.8.3 UK Mobile Wallet Market by End-User
12.3.2.8.4 UK Mobile Wallet Market by Industry Vertical
12.3.2.9 Italy
12.3.2.9.1 Italy Mobile Wallet Market by Type
12.3.2.9.2 Italy Mobile Wallet Market by Technology
12.3.2.9.3 Italy Mobile Wallet Market by End-User
12.3.2.9.4 Italy Mobile Wallet Market by Industry Vertical
12.3.2.10 Spain
12.3.2.10.1 Spain Mobile Wallet Market by Type
12.3.2.10.2 Spain Mobile Wallet Market by Technology
12.3.2.10.3 Spain Mobile Wallet Market by End-User
12.3.2.10.4 Spain Mobile Wallet Market by Industry Vertical
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Mobile Wallet Market by Type
12.3.2.11.2 Netherlands Mobile Wallet Market by Technology
12.3.2.11.3 Netherlands Mobile Wallet Market by End-User
12.3.2.11.4 Netherlands Mobile Wallet Market by Industry Vertical
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Mobile Wallet Market by Type
12.3.2.12.2 Switzerland Mobile Wallet Market by Technology
12.3.2.12.3 Switzerland Mobile Wallet Market by End-User
12.3.2.12.4 Switzerland Mobile Wallet Market by Industry Vertical
12.3.2.13 Austria
12.3.2.13.1 Austria Mobile Wallet Market by Type
12.3.2.13.2 Austria Mobile Wallet Market by Technology
12.3.2.13.3 Austria Mobile Wallet Market by End-User
12.3.2.13.4 Austria Mobile Wallet Market by Industry Vertical
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Mobile Wallet Market by Type
12.3.2.14.2 Rest of Western Europe Mobile Wallet Market by Technology
12.3.2.14.3 Rest of Western Europe Mobile Wallet Market by End-User
12.3.2.14.4 Rest of Western Europe Mobile Wallet Market by Industry Vertical
12.4 Asia-Pacific
12.4.1 Asia Pacific Mobile Wallet Market by Country
12.4.2 Asia Pacific Mobile Wallet Market by Type
12.4.3 Asia Pacific Mobile Wallet Market by Technology
12.4.4 Asia Pacific Mobile Wallet Market by End-User
12.4.5 Asia Pacific Mobile Wallet Market by Industry Vertical
12.4.6 China
12.4.6.1 China Mobile Wallet Market by Type
12.4.6.2 China Mobile Wallet Market by Technology
12.4.6.3 China Mobile Wallet Market by End-User
12.4.6.4 China Mobile Wallet Market by Industry Vertical
12.4.7 India
12.4.7.1 India Mobile Wallet Market by Type
12.4.7.2 India Mobile Wallet Market by Technology
12.4.7.3 India Mobile Wallet Market by End-User
12.4.7.4 India Mobile Wallet Market by Industry Vertical
12.4.8 Japan
12.4.8.1 Japan Mobile Wallet Market by Type
12.4.8.2 Japan Mobile Wallet Market by Technology
12.4.8.3 Japan Mobile Wallet Market by End-User
12.4.8.4 Japan Mobile Wallet Market by Industry Vertical
12.4.9 South Korea
12.4.9.1 South Korea Mobile Wallet Market by Type
12.4.9.2 South Korea Mobile Wallet Market by Technology
12.4.9.3 South Korea Mobile Wallet Market by End-User
12.4.9.4 South Korea Mobile Wallet Market by Industry Vertical
12.4.10 Vietnam
12.4.10.1 Vietnam Mobile Wallet Market by Type
12.4.10.2 Vietnam Mobile Wallet Market by Technology
12.4.10.3 Vietnam Mobile Wallet Market by End-User
12.4.10.4 Vietnam Mobile Wallet Market by Industry Vertical
12.4.11 Singapore
12.4.11.1 Singapore Mobile Wallet Market by Type
12.4.11.2 Singapore Mobile Wallet Market by Technology
12.4.11.3 Singapore Mobile Wallet Market by End-User
12.4.11.4 Singapore Mobile Wallet Market by Industry Vertical
12.4.12 Australia
12.4.12.1 Australia Mobile Wallet Market by Type
12.4.12.2 Australia Mobile Wallet Market by Technology
12.4.12.3 Australia Mobile Wallet Market by End-User
12.4.12.4 Australia Mobile Wallet Market by Industry Vertical
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Mobile Wallet Market by Type
12.4.13.2 Rest of Asia-Pacific Mobile Wallet Market by Technology
12.4.13.3 Rest of Asia-Pacific Mobile Wallet Market by End-User
12.4.13.4 Rest of Asia-Pacific Mobile Wallet Market by Industry Vertical
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Mobile Wallet Market by Country
12.5.1.2 Middle East Mobile Wallet Market by Type
12.5.1.3 Middle East Mobile Wallet Market by Technology
12.5.1.4 Middle East Mobile Wallet Market by End-User
12.5.1.5 Middle East Mobile Wallet Market by Industry Vertical
12.5.1.6 UAE
12.5.1.6.1 UAE Mobile Wallet Market by Type
12.5.1.6.2 UAE Mobile Wallet Market by Technology
12.5.1.6.3 UAE Mobile Wallet Market by End-User
12.5.1.6.4 UAE Mobile Wallet Market by Industry Vertical
12.5.1.7 Egypt
12.5.1.7.1 Egypt Mobile Wallet Market by Type
12.5.1.7.2 Egypt Mobile Wallet Market by Technology
12.5.1.7.3 Egypt Mobile Wallet Market by End-User
12.5.1.7.4 Egypt Mobile Wallet Market by Industry Vertical
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Mobile Wallet Market by Type
12.5.1.8.2 Saudi Arabia Mobile Wallet Market by Technology
12.5.1.8.3 Saudi Arabia Mobile Wallet Market by End-User
12.5.1.8.4 Saudi Arabia Mobile Wallet Market by Industry Vertical
12.5.1.9 Qatar
12.5.1.9.1 Qatar Mobile Wallet Market by Type
12.5.1.9.2 Qatar Mobile Wallet Market by Technology
12.5.1.9.3 Qatar Mobile Wallet Market by End-User
12.5.1.9.4 Qatar Mobile Wallet Market by Industry Vertical
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Mobile Wallet Market by Type
12.5.1.10.2 Rest of Middle East Mobile Wallet Market by Technology
12.5.1.10.3 Rest of Middle East Mobile Wallet Market by End-User
12.5.1.10.4 Rest of Middle East Mobile Wallet Market by Industry Vertical
12.5.2. Africa
12.5.2.1 Africa Mobile Wallet Market by Country
12.5.2.2 Africa Mobile Wallet Market by Type
12.5.2.3 Africa Mobile Wallet Market by Technology
12.5.2.4 Africa Mobile Wallet Market by End-User
12.5.2.5 Africa Mobile Wallet Market by Industry Vertical
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Mobile Wallet Market by Type
12.5.2.6.2 Nigeria Mobile Wallet Market by Technology
12.5.2.6.3 Nigeria Mobile Wallet Market by End-User
12.5.2.6.4 Nigeria Mobile Wallet Market by Industry Vertical
12.5.2.7 South Africa
12.5.2.7.1 South Africa Mobile Wallet Market by Type
12.5.2.7.2 South Africa Mobile Wallet Market by Technology
12.5.2.7.3 South Africa Mobile Wallet Market by End-User
12.5.2.7.4 South Africa Mobile Wallet Market by Industry Vertical
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Mobile Wallet Market by Type
12.5.2.8.2 Rest of Africa Mobile Wallet Market by Technology
12.5.2.8.3 Rest of Africa Mobile Wallet Market by End-User
12.5.2.8.4 Rest of Africa Mobile Wallet Market by Industry Vertical
12.6. Latin America
12.6.1 Latin America Mobile Wallet Market by Country
12.6.2 Latin America Mobile Wallet Market by Type
12.6.3 Latin America Mobile Wallet Market by Technology
12.6.4 Latin America Mobile Wallet Market by End-User
12.6.5 Latin America Mobile Wallet Market by Industry Vertical
12.6.6 Brazil
12.6.6.1 Brazil Mobile Wallet Market by Type
12.6.6.2 Brazil Mobile Wallet Market by Technology
12.6.6.3 Brazil Mobile Wallet Market by End-User
12.6.6.4 Brazil Mobile Wallet Market by Industry Vertical
12.6.7 Argentina
12.6.7.1 Argentina Mobile Wallet Market by Type
12.6.7.2 Argentina Mobile Wallet Market by Technology
12.6.7.3 Argentina Mobile Wallet Market by End-User
12.6.7.4 Argentina Mobile Wallet Market by Industry Vertical
12.6.8 Colombia
12.6.8.1 Colombia Mobile Wallet Market by Type
12.6.8.2 Colombia Mobile Wallet Market by Technology
12.6.8.3 Colombia Mobile Wallet Market by End-User
12.6.8.4 Colombia Mobile Wallet Market by Industry Vertical
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Mobile Wallet Market by Type
12.6.9.2 Rest of Latin America Mobile Wallet Market by Technology
12.6.9.3 Rest of Latin America Mobile Wallet Market by End-User
12.6.9.4 Rest of Latin America Mobile Wallet Market by Industry Vertical

13 Company profile
13.1 MasterCard
13.1.1 Company Overview
13.1.2 Financials
13.1.3Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Alipay.com
13.2.1 Company Overview
13.2.2 Financials
13.2.3Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Google LLC
13.3.1 Company Overview
13.3.2 Financials
13.3.3Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Visa Inc.
13.4.1 Company Overview
13.4.2 Financials
13.4.3Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 American Express company
13.5.1 Company Overview
13.5.2 Financials
13.5.3Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 AT&T Inc.
13.6.1 Company Overview
13.6.2 Financials
13.6.3Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 PayPal Holdings, Inc.
13.7.1 Company Overview
13.7.2 Financials
13.7.3Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Samsung Electronics Co., Ltd.
13.8.1 Company Overview
13.8.2 Financial
13.8.3Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Apple Inc.
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Service/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Amazon.com Inc.
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Service/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Company Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions

15. USE Cases and Best Practices

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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