Press release
Remote Mobile Payment Market expected Healthy Growth by 2022
Remote mobile payment occurs when the retailer is far off and a customer wishes to purchase goods via SMS text message or mobile website with their mobile phones. Remote mobile payment offers a secure and safe payment method. The data security is maintained and with advancement in technology the remote mobile payment option is also being developed further. The remote mobile payment technology is being used in various sectors such as retail, IT, telecommunications, hospitality, healthcare and many more. The extensive usage of technology is boosting the market growth further. This report studies the current and future aspects of the remote mobile payment market.The report on the global remote mobile payment market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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The global remote mobile payment market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The North America region holds the highest market share and is the largest revenue contributor of remote mobile payment market. The region continues to dominate the global market during the forecasted period because of high adoptability rate of new technology. There is also increasing usage of smartphones which is boosting the market growth in this region. Next in line is the Europe region which is witnessing a steady market growth due to advancement in technology. Government is also promoting cashless transactions, which is favoring the progress of the remote mobile payment market in this region.
MARKET SEGMENTATION
This report analyzes the remote mobile payment market by the following segments:
Remote Mobile Payment Market, by Payment
1. Peer-to-peer
2. M-commerce
Remote Mobile Payment Market, by End-use Industry
1. Hospitality and Tourism
2. Retail
3. IT and Telecommunication
4. Media and Entertainment
5. Banking Financial Services, and Insurance (BFSI)
6. Airline
7. Healthcare
Remote Mobile Payment Market, by Device
1. Smart Devices
2. Feature Phones
Browse Report: https://www.scalarmarketresearch.com/market-reports/remote-mobile-payment-market
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