• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Mobile Payment Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The United States mobile payment market is currently witnessing strong growth. Mobile payment refers to a process wherein a smartphone is utilized to initiate, confirm and authorize financial value in exchange for goods and services. As it is more secure, convenient and easy to use compared to other forms of payment, its demand is escalating in the United States. At present, key players in the country are combining advanced technologies, such as wearables, biometrics and blockchain, with mobile payment solutions to improve security.

The well-established e-commerce sector, along with the increasing reliance on the internet, is escalating the demand for mobile payment solutions in the US. Apart from this, mobile payment services can be easily integrated with loyalty and incentive programs, which is contributing to the market growth. Furthermore, these solutions are gaining traction in the healthcare industry to ensure easy payment of medical bills in the country. Additionally, market players are introducing smart payment programs that include the overall costs of healthcare services. Moreover, the thriving travel and tourism sector is creating opportunities for these players to introduce innovative mobile payment options. Besides this, the mass spread of the coronavirus disease (COVID-19) and the consequently rising utilization of contactless payments are positively influencing the market growth. Looking forward, IMARC Group expects the market to continue its strong growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States mobile payment market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, mode of transaction and application.

Breakup by Mode of Transaction:

  • WAP
  • NFC
  • SMS
  • USSD
  • Others
     

Breakup by Application:

  • Entertainment
  • Energy and Utilities
  • Healthcare
  • Retail
  • Hospitality and Transportation
  • Others
     

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the United States mobile payment market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States mobile payment market?
  • What are the key regional markets?
  • What is the breakup of the market based on the mode of transaction?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the United States mobile payment market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    United States Mobile Payment Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Mode of Transaction
    6.1    WAP
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    NFC
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    SMS
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    USSD
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Application
    7.1    Entertainment
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Energy and Utilities
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Healthcare
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Retail
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Hospitality and Transportation
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Region
    8.1    Northeast
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Midwest
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    South
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    West
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Policy and Regulatory Landscape
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: United States: Mobile Payment Market: Major Drivers and Challenges
Figure 2: United States: Mobile Payment Market: Sales Value (in Million US$), 2014-2019
Figure 3: United States: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: United States: Mobile Payment Market: Breakup by Mode of Transaction (in %), 2019
Figure 5: United States: Mobile Payment Market: Breakup by Application (in %), 2019
Figure 6: United States: Mobile Payment Market: Breakup by Region (in %), 2019
Figure 7: United States: Mobile Payment (WAP) Market: Sales Value (in Million US$), 2014 & 2019
Figure 8: United States: Mobile Payment (WAP) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 9: United States: Mobile Payment (NFC) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: United States: Mobile Payment (NFC) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: United States: Mobile Payment (SMS) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: United States: Mobile Payment (SMS) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: United States: Mobile Payment (USSD) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: United States: Mobile Payment (USSD) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: United States: Mobile Payment (Other Mode of Transactions) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: United States: Mobile Payment (Other Mode of Transactions) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: United States: Mobile Payment (Entertainment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: United States: Mobile Payment (Entertainment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: United States: Mobile Payment (Energy and Utilities) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: United States: Mobile Payment (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: United States: Mobile Payment (Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: United States: Mobile Payment (Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: United States: Mobile Payment (Retail) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: United States: Mobile Payment (Retail) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: United States: Mobile Payment (Hospitality and Transportation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: United States: Mobile Payment (Hospitality and Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: United States: Mobile Payment (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: United States: Mobile Payment (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Northeast: Mobile Payment Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Northeast: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Midwest: Mobile Payment Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Midwest: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: South: Mobile Payment Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: South: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: West: Mobile Payment Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: West: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: United States: Mobile Payment Industry: SWOT Analysis
Figure 38: United States: Mobile Payment Industry: Value Chain Analysis
Figure 39: United States: Mobile Payment Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: United States: Mobile Payment Market: Key Industry Highlights, 2019 and 2025
Table 2: United States: Mobile Payment Market Forecast: Breakup by Mode of Transaction (in Million US$), 2020-2025
Table 3: United States: Mobile Payment Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: United States: Mobile Payment Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: United States: Mobile Payment Market: Competitive Structure
Table 6: United States: Mobile Payment Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )


Drop us an email at

sales@imarcgroup.com

Social Links