DUBLIN–(BUSINESS WIRE)–The “Mexico
Mobile Wallet and Payment Market Opportunities (Databook Series) –
Market Size and Forecast across 45+ Market Segments” report has
been added to ResearchAndMarkets.com’s offering.

The mobile payment industry in Mexico is expected to record a CAGR of
16.5% to reach US$ 98,961.9 million by 2025. The mobile wallet payment
segment in value terms increased at a CAGR of 15.5% during 2018-2025.

Cash plays a major role in the economy of Mexico. Any type of business
holder is bound to accept payments in cash, as it becomes a necessity
considering the consumer payment preference. The cash share of Mexico is
nearly 30%, which is higher than the Brazil (cash share around 25%).
Major e-commerce players such as Amazon have been working through a
payment model that enables consumers to partially or fully pay through
cash.

However, payment through mobile devices and wallets is gaining momentum.
Over the next five years, Mexican mobile payment market is expected to
post strong growth, driven by entry of global players and supported by
changing consumer behavior. Government initiatives are also expected to
be a key growth driver.

This report provides a comprehensive view on mobile payment/mobile
wallet market size and growth dynamics, industry dynamics, retail
spending, consumer attitude and behaviour, and competitive landscape in
Mexico. The report focuses on data-centric analysis of mobile payment
market dynamics to help companies understand business and investment
opportunities along with risks.

It details growth dynamics in 45+ market segments (600+ KPIs) across
mobile commerce, mobile P2P transfer (domestic and international
remittance), mobile lending, and a range of other payment avenues in
Mexico.

Report Scope

This report provides in-depth market opportunity analysis and growth
dynamics of mobile payment industry in Mexico. Below is a summary of key
market segments:

Market Size and Forecast

Mobile payment and mobile wallet market size and forecast across 45+
markets segments on three essential KPIs – mobile payment transaction
value, volume and average transaction value.

Mexico Market Share of Key Mobile Wallet Companies

Provides market share by key players in value terms.

Mexico Market Share by Mobile Payment Technology: Provides market share
by key mobile payment technologies:

• SMS/USSD
• NFC
• Code Based
• Web Based

Mobile Wallet Usage Analysis by Consumer Profile: Drawing from
proprietary survey results, this report identifies and interprets key
mobile payment KPIs, including spend by age, gender, and income level in
both value and volume terms.

Retail Spend Analysis through Mobile Wallet: Breaks down retail spend
across 10 categories to provide detailed insights on consumer behaviour
and changing dynamics of spend through mobile wallet. Retail spend
categories tracked include food and grocery, health & beauty, apparel
and footwear, books/music/video, consumer electronics, pharmacy and
wellness, restaurants & bars, toys, kids & babies, media and
entertainment, services

Market opportunity and growth dynamics in retail shopping by mobile
payment transaction value, volume and average transaction value across
following segments in Mexico

• In-Store Retail
• Online Retail
• – Domestic Online Retail
• – International Online Retail

Market opportunity and growth dynamics by mobile payment transaction
value, volume and average transaction value across following mobile
travel booking segments in Mexico

• Offline Travel Booking
• Online Travel Bookings
• – Online Flight Bookings
• – Online Bus & Train Bookings
• – Online Hotel Bookings
• Online Domestic Travel Bookings
• – Online Domestic Flight Bookings
• – Online Domestic Bus & Train Bookings
• – Online Domestic Hotel Bookings
• Online International Travel Bookings
• – Online International Flight Bookings
• – Online International Bus & Train Bookings
• – Online International Hotel Bookings
• Spend During Travel
• Transit & Toll – Metro & Cabs Bookings

Market opportunity and growth dynamics by mobile payment transaction
value, volume and average transaction value across the following
domestic and international remittance segments in Mexico

• Domestic Remittance (P2P)
• – Intra City P2P
• – Inter State P2P
• International Remittance
• – Outbound Remittance
• – Inbound Remittance

Market opportunity and growth dynamics by mobile payment transaction
value, volume and average transaction value across the following mobile
recharge and bill payment segments in Mexico

• Insurance Payments
• Fuel Bills
• Healthcare and Wellness Bills
• Rental Payment
• Mobile Recharge/Payment
• DTH Recharge/Payment
• Broadband/Data Cards Recharge/Payment
• Landline Recharge/Payment
• Credit Cards Payment

Market opportunity and growth dynamics by mobile payment transaction
value, volume and average transaction value across the following
financial services segments in Mexico

• Investment Payment
• P2P Lending
• Charity and Crowd Funding
• Social Gifting
• Fee
• Person to Government (P2G) Payment

Companies Mentioned

• Citibanamex
• BBVA Digital Wallet
• PayPal
• AllPago
• MeaWallet
• Clipp

For more information about this report visit https://www.researchandmarkets.com/r/yqfsbn

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Related
Topics: M-Commerce,
Bank
Cards, Mobile
and Contactless Payments