mobile payment market stats: users, regions, transactions and adoption rate [infographic]
DESCRIPTION
This "Mobile Payment Market Infographic" portrays important statistics and facts of growing mobile payment app market such as mobile payment users and m-payment payment usage across various geographic locations, popular m-payment apps and digital wallet services, and adoption rates across industries.TRANSCRIPT
Reference Sources:http://www.amdocs.com/solutions/stay-ahead/Pages/amdocs-mobile-payments-Infographic.aspxhttp://www.statista.com/statistics/279957/number-of-mobile-payment-users-by-region/http://payments.intuit.com/mobile-payments-infographics/http://www.nielsen.com/us/en/insights/news/2014/whats-in-your-wallet-mobile-payments-are-making-life-easier.htmlhttp://www.statista.com/statistics/284101/digital-wallet-usage-in-the-united-states/
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THINGS YOU SHOULDKNOW ABOUT
MOBILE PAYMENT MARKET
M-PAYMENT USERS
M-PAYMENT APPS
6.8 Billion > 3.5 Billion > 2.15 Billion
45
61
121
4
81
13
54
76
141
5
91
17
64
91
164
5
101
22
Europe North
America
Asia/Pacific Middle East Africa Latin America
2014 2015 2016
MOBILE PAYMENT USERS from 2012 to 2016 (in Millions)
Today, more people have mobile phones than BANK ACCOUNTS& CREDIT CARDS
39% MOBILE PAYMENTS USERS ARE MILLENIALS
39%MILLENIALSAge: 18-26
31%GEN-XERSAge: 27-39
18%YOUNG BOOMERS
Age: 40-50
12%SENIORSAge: 51+
M-PAYMENT TRANSACTIONS
Global mobile payment transaction volume is expected to reach at
721 billion USDin 2017
106164
235
721
2011 2012 2013 2017
MOST POPULAR MOBILE PAYMENT APP USAGE
RETAIL PUCHASE
FAST FOOD PARKING ENTERTAINMENTMASS
TRANSIT
Digital Wallet ServicesUsed by Consumers in the United States 2014
79%
40%
26%
17%
5%
4%
PAYPAL
GOOGLE WALLET
GROUPON
APPLE PASSBOOK
MASTERCARD PAYPASS
ISIS
M-PAYMENT ADOPTION
16%
17%
8%
10%
19%
22%
16%
13%
9%
20%
24%
37%
39%
38%
28%
37%
45%
30%
25%
28%
36%
29%
11%
10%
5%
3%
19%
3%
1%
1%
0% 20% 40% 60% 80% 100%
Deployed Ready to Deploy Trial Stage
Planning Stage No Interest So Far
MOBILE CARRIERS
FINANCIAL INSTITUTIONS
MERCHANTS
HANDSET MANUFACTURERS
PAYMENT SERVICES
APPLICATION PROVIDERS