Mobile Wallet Market Share is Projected to Reach USD 750.3 Billion By 2028
Moreover, Mobile Wallet market is slated to register CAGR of almost 21% in 2021-2028.
Furthermore, growth of mobile wallet market over estimated timeframe is subject to its ability in enabling & facilitating fiscal operations for customers during travel and from any remote or distant location.
In addition to this, rise in use of smart equipment including smartphones and iPhones has culminated into humungous expansion of mobile wallet industry. With smart city concept gaining traction in emerging economies, market for mobile wallet is likely to witness commendable growth over ensuing years.
Large discount offers and attractive cash back schemes offered by firms in mobile wallet business will proliferate size of mobile wallet industry over forthcoming years. Apart from this, growing customer demand for online payment due to digitization and COVID-19 outbreak will help market garner huge revenue over coming years.
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