DUBLIN--(BUSINESS WIRE)--Aug 22, 2018--The “India Mobile Wallet Market Size & Analysis by Type (Money Transfer, Recharge, Utility Bill Payment and Others) Forecast and Opportunities, 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
India Mobile Wallet Market Size & Analysis, Forecast & Opportunities, 2018-2023, mobile wallet market registered whopping double digit value growth, with a CAGR of 67.10% during review period of 2013-17 despite headwinds like mandatory KYC.
India is one of the fastest growing economies of the world, and it is home to over 1.3 billion people. The country recorded strong GDP growth of 6.5% in 2017, despite some headwinds from GST. India’s digital payment industry showed promise and registered double digit value growth during 2013-17. India’s middle class continues to grow and IMF’s GDP growth forecast for FY2019 is much better at 7.4%, this will improve business sentiments and benefit different industries including mobile wallet market.
The market advanced on the back of rising digital awareness, increasing smartphone ownership coupled with surging internet penetration, and convenience associated with such services. The market is forecast to gain immensely during forecast period of 2018-23 to reach around USD 7 Billion by 2023, on account of Government’s increased focus to make India a cashless and digital economy. This will help the industry and directly benefit companies like Paytm, Mobikwik, FreeCharge, Oxigen and many others.
Key Topics Covered:
1. Executive Summary
2. Product Overview
3. Research Methodology
4. Analyst View
5. Global Mobile Wallet Market Overview
6. India Mobile Wallet Market Outlook
7. India Mobile Wallet Money Transfer Market Outlook
8. India Mobile Wallet Recharge Market Outlook
9. India Mobile Wallet Utility Market Outlook
10. India Mobile Wallet Others Market Outlook
11. Market Dynamics
12. India Mobile Wallet Trends, Opportunities and Developments
13. India Mobile Wallet Policy and Regulatory Landscape
14. India Economic Profile
15. Competitive Landscape
16. Strategic Recommendations
Companies MentionedFreecharge Payment Technologies Pvt. Ltd ItzCash Card Ltd One Mobikwik Systems Pvt Ltd One97 Communications Ltd. (Paytm) Oxigen services (India) Pvt. Ltd PhonePe Private Limited
For more information about this report visit https://www.researchandmarkets.com/research/nfpf6f/india_mobile?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180822005565/en/
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Related Topics:M-Commerce,Mobile and Contactless Payments
KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/22/2018 01:29 PM/DISC: 08/22/2018 01:29 PM