Report Overview
Mobile wallets are digital applications or services that allow users to store, manage, and transact with their financial information and payment methods on their smartphones or mobile devices. Mobile wallets enable users to make payments, both online and in physical stores, by securely storing credit card information, bank account details, or digital currencies. They have become popular for their convenience and security, often incorporating features like contactless payments, peer-to-peer money transfers, and loyalty program integration.
The global Mobile Wallets market size was estimated at USD 1636 million in 2023 and is projected to reach USD 8633.24 million by 2032, exhibiting a CAGR of 20.30% during the forecast period.
North America Mobile Wallets market size was estimated at USD 587.55 million in 2023, at a CAGR of 17.40% during the forecast period of 2025 through 2032.
This report provides a deep insight into the global Mobile Wallets market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Mobile Wallets Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Mobile Wallets market in any manner.
Global Mobile Wallets Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
American Express (US)
Apple Inc. (US)
ATandT INC.(US)
Blackberry Ltd. (Canada)
First Data Corporation (US)
Google Inc. (US)
Sprint Corporation (US)
Samsung (South Korea)
MasterCard Incorporated (US)
Visa Inc (US)
Market Segmentation (by Type)
Remote Payment
NFC
Others
Market Segmentation (by Application)
E-Commerce
Ticketing
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Mobile Wallets Market
Overview of the regional outlook of the Mobile Wallets Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Mobile Wallets
1.2 Key Market Segments
1.2.1 Mobile Wallets Segment by Type
1.2.2 Mobile Wallets Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Mobile Wallets Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Mobile Wallets Market Competitive Landscape
3.1 Global Mobile Wallets Revenue Market Share by Company (2019-2025)
3.2 Mobile Wallets Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Mobile Wallets Market Size Sites, Area Served, Product Type
3.4 Mobile Wallets Market Competitive Situation and Trends
3.4.1 Mobile Wallets Market Concentration Rate
3.4.2 Global 5 and 10 Largest Mobile Wallets Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Mobile Wallets Value Chain Analysis
4.1 Mobile Wallets Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Mobile Wallets Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Mobile Wallets Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Mobile Wallets Market Size Market Share by Type (2019-2025)
6.3 Global Mobile Wallets Market Size Growth Rate by Type (2019-2025)
7 Mobile Wallets Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Mobile Wallets Market Size (M USD) by Application (2019-2025)
7.3 Global Mobile Wallets Market Size Growth Rate by Application (2019-2025)
8 Mobile Wallets Market Segmentation by Region
8.1 Global Mobile Wallets Market Size by Region
8.1.1 Global Mobile Wallets Market Size by Region
8.1.2 Global Mobile Wallets Market Size Market Share by Region
8.2 North America
8.2.1 North America Mobile Wallets Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Mobile Wallets Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Mobile Wallets Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Mobile Wallets Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Mobile Wallets Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 American Express (US)
9.1.1 American Express (US) Mobile Wallets Basic Information
9.1.2 American Express (US) Mobile Wallets Product Overview
9.1.3 American Express (US) Mobile Wallets Product Market Performance
9.1.4 American Express (US) Mobile Wallets SWOT Analysis
9.1.5 American Express (US) Business Overview
9.1.6 American Express (US) Recent Developments
9.2 Apple Inc. (US)
9.2.1 Apple Inc. (US) Mobile Wallets Basic Information
9.2.2 Apple Inc. (US) Mobile Wallets Product Overview
9.2.3 Apple Inc. (US) Mobile Wallets Product Market Performance
9.2.4 Apple Inc. (US) Mobile Wallets SWOT Analysis
9.2.5 Apple Inc. (US) Business Overview
9.2.6 Apple Inc. (US) Recent Developments
9.3 ATandT INC.(US)
9.3.1 ATandT INC.(US) Mobile Wallets Basic Information
9.3.2 ATandT INC.(US) Mobile Wallets Product Overview
9.3.3 ATandT INC.(US) Mobile Wallets Product Market Performance
9.3.4 ATandT INC.(US) Mobile Wallets SWOT Analysis
9.3.5 ATandT INC.(US) Business Overview
9.3.6 ATandT INC.(US) Recent Developments
9.4 Blackberry Ltd. (Canada)
9.4.1 Blackberry Ltd. (Canada) Mobile Wallets Basic Information
9.4.2 Blackberry Ltd. (Canada) Mobile Wallets Product Overview
9.4.3 Blackberry Ltd. (Canada) Mobile Wallets Product Market Performance
9.4.4 Blackberry Ltd. (Canada) Business Overview
9.4.5 Blackberry Ltd. (Canada) Recent Developments
9.5 First Data Corporation (US)
9.5.1 First Data Corporation (US) Mobile Wallets Basic Information
9.5.2 First Data Corporation (US) Mobile Wallets Product Overview
9.5.3 First Data Corporation (US) Mobile Wallets Product Market Performance
9.5.4 First Data Corporation (US) Business Overview
9.5.5 First Data Corporation (US) Recent Developments
9.6 Google Inc. (US)
9.6.1 Google Inc. (US) Mobile Wallets Basic Information
9.6.2 Google Inc. (US) Mobile Wallets Product Overview
9.6.3 Google Inc. (US) Mobile Wallets Product Market Performance
9.6.4 Google Inc. (US) Business Overview
9.6.5 Google Inc. (US) Recent Developments
9.7 Sprint Corporation (US)
9.7.1 Sprint Corporation (US) Mobile Wallets Basic Information
9.7.2 Sprint Corporation (US) Mobile Wallets Product Overview
9.7.3 Sprint Corporation (US) Mobile Wallets Product Market Performance
9.7.4 Sprint Corporation (US) Business Overview
9.7.5 Sprint Corporation (US) Recent Developments
9.8 Samsung (South Korea)
9.8.1 Samsung (South Korea) Mobile Wallets Basic Information
9.8.2 Samsung (South Korea) Mobile Wallets Product Overview
9.8.3 Samsung (South Korea) Mobile Wallets Product Market Performance
9.8.4 Samsung (South Korea) Business Overview
9.8.5 Samsung (South Korea) Recent Developments
9.9 MasterCard Incorporated (US)
9.9.1 MasterCard Incorporated (US) Mobile Wallets Basic Information
9.9.2 MasterCard Incorporated (US) Mobile Wallets Product Overview
9.9.3 MasterCard Incorporated (US) Mobile Wallets Product Market Performance
9.9.4 MasterCard Incorporated (US) Business Overview
9.9.5 MasterCard Incorporated (US) Recent Developments
9.10 Visa Inc (US)
9.10.1 Visa Inc (US) Mobile Wallets Basic Information
9.10.2 Visa Inc (US) Mobile Wallets Product Overview
9.10.3 Visa Inc (US) Mobile Wallets Product Market Performance
9.10.4 Visa Inc (US) Business Overview
9.10.5 Visa Inc (US) Recent Developments
10 Mobile Wallets Regional Market Forecast
10.1 Global Mobile Wallets Market Size Forecast
10.2 Global Mobile Wallets Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Mobile Wallets Market Size Forecast by Country
10.2.3 Asia Pacific Mobile Wallets Market Size Forecast by Region
10.2.4 South America Mobile Wallets Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Mobile Wallets by Country
11 Forecast Market by Type and by Application (2025-2032)
11.1 Global Mobile Wallets Market Forecast by Type (2025-2032)
11.2 Global Mobile Wallets Market Forecast by Application (2025-2032)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Mobile Wallets Market Size Comparison by Region (M USD)
Table 5. Global Mobile Wallets Revenue (M USD) by Company (2019-2025)
Table 6. Global Mobile Wallets Revenue Share by Company (2019-2025)
Table 7. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Mobile Wallets as of 2022)
Table 8. Company Mobile Wallets Market Size Sites and Area Served
Table 9. Company Mobile Wallets Product Type
Table 10. Global Mobile Wallets Company Market Concentration Ratio (CR5 and HHI)
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. Value Chain Map of Mobile Wallets
Table 13. Midstream Market Analysis
Table 14. Downstream Customer Analysis
Table 15. Key Development Trends
Table 16. Driving Factors
Table 17. Mobile Wallets Market Challenges
Table 18. Global Mobile Wallets Market Size by Type (M USD)
Table 19. Global Mobile Wallets Market Size (M USD) by Type (2019-2025)
Table 20. Global Mobile Wallets Market Size Share by Type (2019-2025)
Table 21. Global Mobile Wallets Market Size Growth Rate by Type (2019-2025)
Table 22. Global Mobile Wallets Market Size by Application
Table 23. Global Mobile Wallets Market Size by Application (2019-2025) & (M USD)
Table 24. Global Mobile Wallets Market Share by Application (2019-2025)
Table 25. Global Mobile Wallets Market Size Growth Rate by Application (2019-2025)
Table 26. Global Mobile Wallets Market Size by Region (2019-2025) & (M USD)
Table 27. Global Mobile Wallets Market Size Market Share by Region (2019-2025)
Table 28. North America Mobile Wallets Market Size by Country (2019-2025) & (M USD)
Table 29. Europe Mobile Wallets Market Size by Country (2019-2025) & (M USD)
Table 30. Asia Pacific Mobile Wallets Market Size by Region (2019-2025) & (M USD)
Table 31. South America Mobile Wallets Market Size by Country (2019-2025) & (M USD)
Table 32. Middle East and Africa Mobile Wallets Market Size by Region (2019-2025) & (M USD)
Table 33. American Express (US) Mobile Wallets Basic Information
Table 34. American Express (US) Mobile Wallets Product Overview
Table 35. American Express (US) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 36. American Express (US) Mobile Wallets SWOT Analysis
Table 37. American Express (US) Business Overview
Table 38. American Express (US) Recent Developments
Table 39. Apple Inc. (US) Mobile Wallets Basic Information
Table 40. Apple Inc. (US) Mobile Wallets Product Overview
Table 41. Apple Inc. (US) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 42. Apple Inc. (US) Mobile Wallets SWOT Analysis
Table 43. Apple Inc. (US) Business Overview
Table 44. Apple Inc. (US) Recent Developments
Table 45. ATandT INC.(US) Mobile Wallets Basic Information
Table 46. ATandT INC.(US) Mobile Wallets Product Overview
Table 47. ATandT INC.(US) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 48. ATandT INC.(US) Mobile Wallets SWOT Analysis
Table 49. ATandT INC.(US) Business Overview
Table 50. ATandT INC.(US) Recent Developments
Table 51. Blackberry Ltd. (Canada) Mobile Wallets Basic Information
Table 52. Blackberry Ltd. (Canada) Mobile Wallets Product Overview
Table 53. Blackberry Ltd. (Canada) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 54. Blackberry Ltd. (Canada) Business Overview
Table 55. Blackberry Ltd. (Canada) Recent Developments
Table 56. First Data Corporation (US) Mobile Wallets Basic Information
Table 57. First Data Corporation (US) Mobile Wallets Product Overview
Table 58. First Data Corporation (US) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 59. First Data Corporation (US) Business Overview
Table 60. First Data Corporation (US) Recent Developments
Table 61. Google Inc. (US) Mobile Wallets Basic Information
Table 62. Google Inc. (US) Mobile Wallets Product Overview
Table 63. Google Inc. (US) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 64. Google Inc. (US) Business Overview
Table 65. Google Inc. (US) Recent Developments
Table 66. Sprint Corporation (US) Mobile Wallets Basic Information
Table 67. Sprint Corporation (US) Mobile Wallets Product Overview
Table 68. Sprint Corporation (US) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 69. Sprint Corporation (US) Business Overview
Table 70. Sprint Corporation (US) Recent Developments
Table 71. Samsung (South Korea) Mobile Wallets Basic Information
Table 72. Samsung (South Korea) Mobile Wallets Product Overview
Table 73. Samsung (South Korea) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 74. Samsung (South Korea) Business Overview
Table 75. Samsung (South Korea) Recent Developments
Table 76. MasterCard Incorporated (US) Mobile Wallets Basic Information
Table 77. MasterCard Incorporated (US) Mobile Wallets Product Overview
Table 78. MasterCard Incorporated (US) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 79. MasterCard Incorporated (US) Business Overview
Table 80. MasterCard Incorporated (US) Recent Developments
Table 81. Visa Inc (US) Mobile Wallets Basic Information
Table 82. Visa Inc (US) Mobile Wallets Product Overview
Table 83. Visa Inc (US) Mobile Wallets Revenue (M USD) and Gross Margin (2019-2025)
Table 84. Visa Inc (US) Business Overview
Table 85. Visa Inc (US) Recent Developments
Table 86. Global Mobile Wallets Market Size Forecast by Region (2025-2032) & (M USD)
Table 87. North America Mobile Wallets Market Size Forecast by Country (2025-2032) & (M USD)
Table 88. Europe Mobile Wallets Market Size Forecast by Country (2025-2032) & (M USD)
Table 89. Asia Pacific Mobile Wallets Market Size Forecast by Region (2025-2032) & (M USD)
Table 90. South America Mobile Wallets Market Size Forecast by Country (2025-2032) & (M USD)
Table 91. Middle East and Africa Mobile Wallets Market Size Forecast by Country (2025-2032) & (M USD)
Table 92. Global Mobile Wallets Market Size Forecast by Type (2025-2032) & (M USD)
Table 93. Global Mobile Wallets Market Size Forecast by Application (2025-2032) & (M USD)
List of Figures
Figure 1. Industrial Chain of Mobile Wallets
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Mobile Wallets Market Size (M USD), 2019-2032
Figure 5. Global Mobile Wallets Market Size (M USD) (2019-2032)
Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 8. Evaluation Matrix of Regional Market Development Potential
Figure 9. Mobile Wallets Market Size by Country (M USD)
Figure 10. Global Mobile Wallets Revenue Share by Company in 2023
Figure 11. Mobile Wallets Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 12. The Global 5 and 10 Largest Players: Market Share by Mobile Wallets Revenue in 2023
Figure 13. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 14. Global Mobile Wallets Market Share by Type
Figure 15. Market Size Share of Mobile Wallets by Type (2019-2025)
Figure 16. Market Size Market Share of Mobile Wallets by Type in 2022
Figure 17. Global Mobile Wallets Market Size Growth Rate by Type (2019-2025)
Figure 18. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 19. Global Mobile Wallets Market Share by Application
Figure 20. Global Mobile Wallets Market Share by Application (2019-2025)
Figure 21. Global Mobile Wallets Market Share by Application in 2022
Figure 22. Global Mobile Wallets Market Size Growth Rate by Application (2019-2025)
Figure 23. Global Mobile Wallets Market Size Market Share by Region (2019-2025)
Figure 24. North America Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 25. North America Mobile Wallets Market Size Market Share by Country in 2023
Figure 26. U.S. Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 27. Canada Mobile Wallets Market Size (M USD) and Growth Rate (2019-2025)
Figure 28. Mexico Mobile Wallets Market Size (Units) and Growth Rate (2019-2025)
Figure 29. Europe Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 30. Europe Mobile Wallets Market Size Market Share by Country in 2023
Figure 31. Germany Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 32. France Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 33. U.K. Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 34. Italy Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 35. Russia Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 36. Asia Pacific Mobile Wallets Market Size and Growth Rate (M USD)
Figure 37. Asia Pacific Mobile Wallets Market Size Market Share by Region in 2023
Figure 38. China Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 39. Japan Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 40. South Korea Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 41. India Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 42. Southeast Asia Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 43. South America Mobile Wallets Market Size and Growth Rate (M USD)
Figure 44. South America Mobile Wallets Market Size Market Share by Country in 2023
Figure 45. Brazil Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 46. Argentina Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 47. Columbia Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 48. Middle East and Africa Mobile Wallets Market Size and Growth Rate (M USD)
Figure 49. Middle East and Africa Mobile Wallets Market Size Market Share by Region in 2023
Figure 50. Saudi Arabia Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 51. UAE Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 52. Egypt Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 53. Nigeria Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 54. South Africa Mobile Wallets Market Size and Growth Rate (2019-2025) & (M USD)
Figure 55. Global Mobile Wallets Market Size Forecast by Value (2019-2032) & (M USD)
Figure 56. Global Mobile Wallets Market Share Forecast by Type (2025-2032)
Figure 57. Global Mobile Wallets Market Share Forecast by Application (2025-2032)
