Mobile Wallet Market in Europe to Grow at a CAGR Of 32.87% Over The Period 2015-2019

By | February 17, 2017

Mobile wallets are electronic accounts that can be operated through cell phones and are based on the NFC technology. They help account holders pay their bills or make purchases on the go. Mobile wallets have revolutionized the Digital Payments industry. Increased adoption of smartphones, tablets, and other mobile technologies has changed the way customers make their payments. Before the advent of smartphones, Java-enabled and internet-based phones were used sparingly because the usage was limited to SMS and calling options. Notably, carrier charges were high during that time, which had resulted in lesser usage among customers.

Analysts forecast the Mobile Wallet Market in Europe to Grow at a CAGR Of 32.87% Over The Period 2015-2019.

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Covered in this Report

This report covers the present scenario and the growth prospects of the Mobile Wallet market in Europe during the period 2015-2019. To calculate the market size, the report considers the total revenue generated from retail transactions sourced through mobile devices. These transactions include mobile commerce transactions, mobile ticketing, mobile coupons, money transfer, and micropayments.

Mobile Wallet Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Mobile Wallet market in Europe and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Regions


Key Vendors






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Other Prominent Vendors






SumUp Payments


Market Driver

Increased Collaboration among Mobile Operators

For a full, detailed list, view our report

Market Challenge

Effects of Intense Competition on Banking Groups

For a full, detailed list, view our report

Market Trend

Increased Use of M-commerce

For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Companies Mentioned:
Accenture, Cognizant, Dell , IBM , HP , CGI , Fujitsu, IGATE, Infosys, HCL Technologies, Hexaware, HP ES, L&T Infotech, Syntel, TCS, Tech Mahindra, Unisys, Wipro

Table of Content:

1: Executive summary

  1. List of Abbreviations
  2. Scope of the Report
  3. Market Research Methodology
  4. Introduction
  5. Market Landscape
  6. Market Segmentation by Application
  7. Key Leading Countries
  8. Buying Criteria
  9. Market Growth Drivers
  10. Drivers and their Impact
  11. Market Challenges
  12. Impact of Drivers and Challenges
  13. Market Trends
  14. Trends and their Impact
  15. Vendor Landscape
  16. Key Vendor Analysis
  17. Other Prominent Vendors

List of Exhibits   

Exhibit 1: Market Research Methodology

Exhibit 2: NFC-enabled Cellphones

Exhibit 3: Mobile Banking Users in Key European Countries

Exhibit 4: Mobile Banking Transactions

Exhibit 5: Europe E-transaction Payment 2014

Exhibit 6: Mobile Banking Customers by Device in Europe 2014-2019

Exhibit 7: Service Offering through Mobile Wallet

Exhibit 8: Services Offered through Mobile Wallets

Exhibit 9: Mobile Wallet Market in Europe 2014-2019 (US$ billion)

Exhibit 10: Mobile Wallet Market in Europe Segmentation by Application 2014

Exhibit 11: Mobile Wallet Market in Europe by Application 2014-2019 (US$ billion)

Exhibit 12: Mobile Wallet Market in Europe by Application 2014-2019

Exhibit 13: Mobile Wallet Market in Europe for M-commerce Segment 2014-2019 (US$ billion)

Exhibit 14: Mobile Wallet Market in Europe for Money Transfers Segment 2014-2019 (US$ billion)

Exhibit 15: Mobile Wallet Market in Europe for Mobile Coupons Segment 2014-2019 (US$ billion)

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