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North America Mobile Money Industry Review to 2019

Driven by Collaborations and Increasing Interest in NFC Payments

Region:North America

Product Code:KR306

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Published On

April 2015

Total pages

138

About the Report

The Report titled “North America Mobile Money Industry Review to 2019 - Driven by Collaborations and Increasing Interest in NFC Payments” provides an in-depth analysis of the Mobile Money Industry and covers specific insights on the market size in terms of global mobile money market value, region and product wise segmentation, value chain analysis, business models, recent trends and developments and future outlook of the mobile money Industry at the global and regional level. The report also entails a description of the prominent and emerging geographic markets of the region including the US and Canada. 
The value of the mobile money transactions in North America has expanded at a CAGR of 35.8% over the period of 2009-2014. The numbers have escalated from USD ~ billion in 2014, growing from just USD ~ billion in 2009. North America mobile payment market is extremely fragmented featured with technological splits and battling business models. The mobile transactions are gaining crucial momentum in the market although the initial uptake of the mobile payment services in the region was less aggressive as compared to the European markets. 
The mobile payments service sector is still in the initial growth stages in this region and has started picking up only recently in the US with the launch of Apple Pay in October, 2014. The growth of mobile payments has long been withheld by the slow pace of NFC adoption and adversarial negotiations among various stakeholders which failed to reach to a consensus on a possible deployment strategy. This has led to the influx of diverse and competing technological payment options which has made the landscape of mobile payments extremely cluttered. The rising interest shown by Canadian mobile subscribers is anticipated to provide impetus to the mobile payments market in Canada, where many pilot models are being tested for the commercial launch of the mobile payment services. The mobile money market in Canada is relatively very small as compared to the US.
The increasing popularity of NFC, primarily backed by the products such as Google Wallet, Softcard and others will also help in surging the market value of mobile payments and m-wallet industry in the coming years. The market is expected to establish itself supported by the necessary infrastructure deployment of POS terminals by major retail outlets in the countries. With the rise in the adoption of NFC mobile payments, it is expected that paradigm behind the increase in payment volumes and operational efficiencies brought about by NFC-capable point-of-sale readers will be able to offset the investment on setting up this infrastructure. 
Key Topics Covered in the Report:
  • The market size of the Global Mobile Money Market by Transaction Value
  • Global Market Segmentation by Geographies covering Asia Pacific, Africa, North America, Latin America and Middle East
  • The market size of the North America Mobile Money Payment Market by transaction value
  • Market Segmentation of North America mobile money market by countries, source of funding, remote and proximity payments, macro and micropayments, and purpose of payments
  • Market Size of the US Mobile Money Industry by Transaction Value
  • Market Segmentation of the US Mobile Money Industry by source of funding, remote and proximity payments and macro and micropayments
  • Consumer Profile and Usage Patterns of Mobile Money in the US
  • Overview and Market Size of Mobile Money Industry in Canada
  • Trends and Developments in the US and North America, Business models and Value Chain Analysis
  • Competitive Landscape of major players in North America and product profiles of major offerings
  • Future Outlook and Projections of the US and North America Mobile Money Industry

Products

Mobile Wallet, Mobile Banking, MPOS, Mobile Payment/ Mobile Money, Proximity Payments, Remote Payments

Companies

Google Wallet, ISIS/Softcard, PayPal, Starbucks, LoopPay, Apple Pay

Table of Contents

1.Global Mobile Money Industry

1.1.Global Mobile Money Market Size and Segmentation

By Transaction Value, 2008-2014

By Number of Transactions, 2009-2014

By Number of Accounts, 2011-2014

Market Segmentation by Regions, 2009-2014

2.North America Mobile Money Industry

2.1.Introduction and Market Size, 2009-2014

2.2.Value Chain Analysis in Mobile Money Market

2.2.1.Mobile Money Industry Participants

2.2.1.1.Supply Side

Mobile Network Operators

Device Manufacturers and Mobile Operating System Providers

Financial Institutions

Payment Network

2.2.1.2.Demand Side

Merchants

Customers

3.Financial Regulations, Licensing Rules, Mobile Payment Standards

4.Business Models in Mobile Money Industry

4.1.Bank-Centric Model

4.2.Collaboration Model

4.3.Operator-Centric Model

4.4.Peer-to-Peer Model

5.North America Mobile Money Industry Segmentation

5.1.By Countries, 2011-2014

5.2.By Source of Funding, 2013

5.3.By Remote and Proximity payments, 2009-2014

5.3.1.North America Remote Payments Market Segmentation by Mode of Payment- SMS, USSD and Web-Based Payments, 2014

5.3.2.North America Proximity Payments Market Segmentation By Technology- Barcode, NFC, QR Code, mPOS and Others, 2011-2014

5.4.By Purpose of Payments, 2014

5.5.By Macro and Micro Payments, 2014

6.Key Concerns

6.1.Supply Side

Absence of Definite Global Standards

Problems of Interoperability and Partnership Issues

Higher Capital Requirements and Deployment Issues

6.2.Demand Side

Lack of Government Authorization

Consumer Confidence Issues

Low Consumer Awareness and Understanding

7.The US Mobile Money Industry

7.1.Introduction and Market Size, 2011-2014

7.2.The US Mobile Money Industry Market Segmentation

7.2.1.By Source of Funding, 2013-2014

7.2.2.By Remote and Proximity Payments, 2011-2014

7.2.3.By Micro and Macro Payments, 2012 -2014

7.3.Consumers’ Use of Mobile Financial Services -Survey Results

Mobile Banking

Mobile Payments

M-POS Mobile Payments

7.4.Future Outlook and Projections, FY’2015-FY’2019

8.Canada Mobile Money Industry Overview and Future Opportunities

9.Trends and Developments in North America Mobile Money Industry

Increasing Interest of Various Stakeholders

Evolution of Disruptive Deployment strategies

M-commerce to Drive Growth

Growing Penetration of P2P M-Payments

Increasing government Regulations

10.Competitive Landscape of Major Players in North America Mobile Money Industry

11.Global Product Profiles

11.1.Google Wallet

11.1.1.Company Overview: Google

Google Wallet

11.1.2.Business Model of Google Wallet

11.1.3.Revenue Model of Google Wallet

11.1.4.Security Features

Privacy Concerns

11.1.5.SWOT Analysis of Google Wallet

11.2.Apple Pay

11.2.1.Company Overview: Apple Inc.

Apple Pay

11.2.2.Business Model of Apple Pay

11.2.3.Revenue Model of Apple Pay

11.2.4.Security Features

Privacy Concerns

11.2.5.Analysis of Apple Pay

Pros

Cons

11.3.PayPal

11.3.1.Company Overview- eBay and PayPal

11.3.2.PayPal Mobile Express Checkout, App and PayPal Here

11.3.3.Revenue and Business Model

11.3.4.Security and Privacy Features

11.3.5.Strengths and Weaknesses

11.4.Vodafone

M-Pesa

11.4.1.Business and Revenue Model

11.4.2.Security and Privacy Features

11.4.3.Strengths and Weakness

12.North America Mobile Money Market Future

12.1.Cause and Effect Relationship Analysis of North America Mobile Money Industry

12.2.Future Outlook and Projections, 2015-2019

13.Macroeconomic Factors Affecting the Global Mobile Money Market

13.1.Mobile Subscriptions in the World, 2008-2018

13.2.Gross Domestic Output in the World, 2008-2018

13.3.Active Mobile Broadband Subscriptions, 2008-2018

13.4.Shipments of NFC-enabled Mobile Phones, 2008-2018

13.5.Global International Remittance Market, 2008-2018

14.Appendix

14.1.Market Definition

14.2.Abbreviations

14.3.Research Methodology

Data Collection Methods

Approach

Variables (Independent and Dependent)

Multi Factor Based Sensitivity Model

Final Conclusion

14.4.Disclaimer

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