Mobile Payment Technologies Market sales are expected to reach US$ 50,561.64 Mn by 2026 | TMR

Mobile Payment Technologies Market sales are expected to reach US$ 50,561.64 Mn by 2026 | TMR

Mobile Payment Technologies Market Asia Pacific region is expected to hold the dominant revenue share in mobile payment technologies market, expanding at a CAGR of above 30% during 2018–2026 ALBANY , NY, US, January 4, 2022 /EINPresswire. com / -- The global mobile payment technologies market was valued at US$ 2, 943. 58 Bn in 2017 and is expected to expand at a CAGR of 37. 8% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled"Mobile Payment Technologies Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026". Asia Pacific region is expected to hold the dominant revenue share, with the market in the region expanding at a CAGR of above 30%. The global mobile payment technologies market is mainly driven by growing adoption of smart appliances and increasing mobile data usage across the world. Growing adoption of smart appliances, increasing mobile data usage, and adoption and proliferation of immediate payments driving the market. Mobile payment systems enable consumers to make immediate payment by using a smartphone. The growing number of mobile users and the increasing adoption of smart devices such as smartphones & tablets are expected to fuel the growth