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Japan Mobile Wallet and Payment Market Opportunities Databook 2019 Featuring Osaifu-Keitai, Rakuten Pei, Line Pay, Android Pay, Apple Pay, & Origami Pay - ResearchAndMarkets.com

May 28, 2019

DUBLIN--(BUSINESS WIRE)--May 28, 2019--

The “Japan Mobile Wallet and Payment Market Opportunities (Databook Series) - Market Size and Forecast across 45+ Market Segments” report has been added to ResearchAndMarkets.com’s offering.

The mobile payment industry in Japan is expected to record a CAGR of 15.3% to reach US$ 241,243.5 million by 2025. The mobile wallet payment segment in value terms increased at a CAGR of 15.0% during 2018-2025.

Japan has been slow in adoption of mobile payment. The smartphone innovations could not make a significant impact in the Japanese mobile payment ecosystem. However, competition in the mobile payments space is intensifying, a trend expected to continue over the medium term. Along with Google Pay and Apple Pay, Amazon Pay has also entered the market. There is also increased competition from Chinese mobile wallet companies and India’s leading player, Paytm. Sumitomo Mitsui Financial Group (SMFG) is targeting mobile payment industry and the company is betting on its all-in-one payment terminal that allows retailers to accept multiple payment forms.

Over the next 8 quarters, the author expects mobile payment to post robust growth, driven by market specific innovation and increased discounts to acquire consumers.

This report provides a comprehensive view on mobile payment/mobile wallet market size and growth dynamics, industry dynamics, retail spending, consumer attitude and behaviour, and competitive landscape in Japan. The report focuses on data-centric analysis of mobile payment market dynamics to help companies understand business and investment opportunities along with risks.

It details growth dynamics in 45+ market segments (600+ KPIs) across mobile commerce, mobile P2P transfer (domestic and international remittance), mobile lending, and a range of other payment avenues in Japan.

Report Scope

This report provides in-depth market opportunity analysis and growth dynamics of mobile payment industry in Japan. Below is a summary of key market segments:

Market Size and Forecast

Mobile payment and mobile wallet market size and forecast across 45+ markets segments on three essential KPIs - mobile payment transaction value, volume and average transaction value.

Japan Market Share of Key Mobile Wallet Companies

Provides market share by key players in value terms.

Japan Market Share by Mobile Payment Technology: Provides market share by key mobile payment technologies:

  • SMS/USSD
  • NFC
  • Code Based
  • Web Based

Japan Mobile Proximity Payment Market Size and Forecast

Mobile payment and mobile wallet market size and forecast by mobile proximity payment.

Mobile Wallet Usage Analysis by Consumer Profile: Drawing from proprietary survey results, this report identifies and interprets key mobile payment KPIs, including spend by age, gender, and income level in both value and volume terms.

Retail Spend Analysis through Mobile Wallet: Breaks down retail spend across 10 categories to provide detailed insights on consumer behaviour and changing dynamics of spend through mobile wallet. Retail spend categories tracked include food and grocery, health & beauty, apparel and footwear, books/music/video, consumer electronics, pharmacy and wellness, restaurants & bars, toys, kids & babies, media and entertainment, services

Market opportunity and growth dynamics in retail shopping by mobile payment transaction value, volume and average transaction value across following segments in Japan

  • In-Store Retail
  • Online Retail
  • - Domestic Online Retail
  • - International Online Retail

Market opportunity and growth dynamics by mobile payment transaction value, volume and average transaction value across following mobile travel booking segments in Japan

  • Offline Travel Booking
  • Online Travel Bookings
  • - Online Flight Bookings
  • - Online Bus & Train Bookings
  • - Online Hotel Bookings
  • Online Domestic Travel Bookings
  • - Online Domestic Flight Bookings
  • - Online Domestic Bus & Train Bookings
  • - Online Domestic Hotel Bookings
  • Online International Travel Bookings
  • - Online International Flight Bookings
  • - Online International Bus & Train Bookings
  • - Online International Hotel Bookings
  • Spend During Travel
  • Transit & Toll - Metro & Cabs Bookings

Market opportunity and growth dynamics by mobile payment transaction value, volume and average transaction value across the following domestic and international remittance segments in Japan

  • Domestic Remittance (P2P)
  • - Intra City P2P
  • - Inter State P2P
  • International Remittance
  • - Outbound Remittance
  • - Inbound Remittance

Market opportunity and growth dynamics by mobile payment transaction value, volume and average transaction value across the following mobile recharge and bill payment segments in Japan

  • Insurance Payments
  • Fuel Bills
  • Healthcare and Wellness Bills
  • Rental Payment
  • Mobile Recharge/Payment
  • DTH Recharge/Payment
  • Broadband/Data Cards Recharge/Payment
  • Landline Recharge/Payment
  • Credit Cards Payment

Market opportunity and growth dynamics by mobile payment transaction value, volume and average transaction value across the following financial services segments in Japan

  • Investment Payment
  • P2P Lending
  • Charity and Crowd Funding
  • Social Gifting
  • Fee
  • Person to Government (P2G) Payment

Companies Mentioned

  • Osaifu-Keitai
  • Rakuten Pei
  • Line Pay
  • Android Pay
  • Apple Pay
  • Origami Pay

For more information about this report visit https://www.researchandmarkets.com/r/whq35r

View source version on businesswire.com:https://www.businesswire.com/news/home/20190528005479/en/

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Related Topics:M-Commerce,Bank Cards,Mobile and Contactless Payments

KEYWORD: ASIA PACIFIC JAPAN

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL INTERNET MOBILE/WIRELESS PROFESSIONAL SERVICES BANKING FINANCE RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/28/2019 09:54 AM/DISC: 05/28/2019 09:54 AM

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