Inclination Towards Cashless Transactions Is Driving Demand for Direct Mobile Billing in Asia Pacific – Fact.MR Study

250 Pages Direct Mobile Billing Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.

The report offers actionable and valuable market insights of Direct Mobile Biling. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Direct Mobile Biling Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Direct Mobile Biling market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Direct Mobile Biling

This newly published and insightful report sheds light on Market Insights of Direct Mobile Biling, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Direct Mobile Biling Market.

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Key Takeaways from the Market Study

  • By location, remote payments expected to hold more than 60% market share for mobile payment market.
  • By end use, BFSI industry expected to hold more than 20% market share for mobile payment market.
  • Mobile payment industry expected to possess nearly 25% market share throughout North America.
  • Mobile payment industry expected to possess nearly 35% market share throughout Asia Pacific.
  • U.S, China and India top three countries driving demand for mobile payment.

“Deepening digital literacy and the consequent increase in smartphone ownership has prompted consumers to rely on mobile payment technologies. Furthermore, ease of access and convenience is prompting major industries to deploy mobile financial transaction interfaces, broadening market growth prospects,” states a Fact.MR analyst.

Competitive Landscape

  • In January 2022, PayPal Holdings Inc. launched gift wrapping feature with the help of Venmo. This feature helps to gift money to friends and family. The company is focusing on attracting consumers to use digital payments.
  • In 2018, Visa Inc. partnered with Allianz partners and launched “Allianz Prime”- a mobile payment and loyalty app. The company is focusing on providing fast, safe and easy payment options to its users.

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Forecast Period2022-2032
Historical Data Available for2015-2021
Market AnalysisUS$ Mn for Value & ‘000 Units for Volume
Key Regions CoveredNorth AmericaLatin AmericaEuropeAsia PacificMiddle East & Africa
Key Countries CoveredU.SCanadaBrazilMexicoGermanyU.KFranceItalySpainBENELUXNordicsChinaJapanSouth KoreaGCCTurkeySouth Africa
Key Segments CoveredTechnologyTypeLocationEnd useRegion
PricingAvailable upon Request

Key Segments Covered

  • By Technology :
    • Direct Mobile Billing
    • Interactive Voice Response System based Direct Mobile Biling
    • Mobile App based Payments
    • Mobile Payments via Near Field Communication
    • Mobile Web Payment
    • Direct Mobile Biling via SMS
    • Other Direct Mobile Biling Technologies
  • By Type :
    • B2B Direct Mobile Biling
    • B2C Direct Mobile Biling
    • B2G Direct Mobile Biling
    • Other Direct Mobile Biling Types
  • By Location :
    • Remote Direct Mobile Biling
    • Proximity Direct Mobile Biling
  • By End Use :
    • Direct Mobile Biling for Media & Entertainment
    • Direct Mobile Biling for Healthcare
    • Direct Mobile Biling for IT & Telecom
    • Direct Mobile Biling for Retail & E-commerce
    • Direct Mobile Biling for Transportation
    • Direct Mobile Biling for BFSI
    • Direct Mobile Biling for Other End Uses

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Key Question answered in the survey of Direct Mobile Biling market report:

  • Sales and Demand of Direct Mobile Biling
  • Growth of Direct Mobile Biling Market
  • Market Analysis of Direct Mobile Biling
  • Market Insights of Direct Mobile Biling
  • Key Drivers Impacting the Direct Mobile Biling market
  • Which are the Key drivers impacted by Direct Mobile Biling market
  • Restraints Direct Mobile Biling Market Growth
  • Market Survey of Direct Mobile Biling

More Valuable Insights on Direct Mobile Biling Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Direct Mobile Biling, Sales and Demand of Direct Mobile Biling, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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