The global E-Wallet Market is expected to grow at CAGR of +15% and estimated to reach market size of approximately USD 2,100 billion by the end of forecast period 2018-2025.
A massive research report of global E-Wallet Market has been presented by Report Consultant to its extensive repository. The author of the report analyzed the current global scenario of the market. Researchers highlight the key changing trends as well as advancements in technological platforms. It has been summarized with a blend of primary and secondary research techniques.
E-wallet is a type of electronic card which is used for transactions made online through a computer or a smartphone. Its utility is same as a credit or debit card. An E-wallet needs to be linked with the individual’s bank account to make payments. With the emergence of e-commerce and online purchases, the procedure required for the payment system is also changing, forcing it to go digital due to which users migrated from cash payments to plastic card payments and now to contactless payments.
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Top Key Players:
Alibaba Group Holding Ltd. (China), Apple, Inc. (U.S.), Citrus Payment Solutions (India), Google, Inc. (U.S.), MasterCard (U.S.), Oxigen Services India Pvt. Ltd (India), PayPal Holdings (USA), Samsung Electronics Inc. (South Korea), and Visa (USA) as the key vendors in the global E-wallet market.
For the purpose of the study, the Global E-wallet Market has been analyzed across the global regions such as North America, Latin America, Asia-Pacific, Middle East, Africa, and Europe. It gives more focus on developing countries for the detailed elaboration of global market demand. On the regional front, global opportunities have been explored in developing and developed countries.
The report focuses on the effective strategies which enlists the different factors to determine the strategic planning for the industries. The author studies and elaborates the economic aspects of E-wallet Market, which, predicts the risk factors coming in front of the businesses.
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E-wallet Market by Type:
- Closed e-wallets
- Semi closed e-wallets
- Open e-wallets
E-wallet Market by Application:
The market has turned out to be highly competitive therefore the marketers are increasingly indulging in strategic merger and acquisition activities to upsurge their product quality and reduce their manufacturing costs. Such collaborative activities form one of the major business tactics adopted by the players.
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Industry analysis tools such as SWOT and Porter’s five techniques have been used for analyzing the global market. Moreover, development plans and policies are also presented in the report. For a stronger and effective outlook of the global market, this report has been elucidated with info-graphics. Additionally, it offers an investigation of global market pilots