Mobile Payments Market Emerging Trends & Future Outlook Research Report

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Jan 16, 2015, 11:30 ET

DALLAS, January 16, 2015 /PRNewswire/ --

A new mobile payments market trends research at ReportsnReports.com examines the extent of mobile phone use for payment transactions, analyzes the percentage changes expected in payments through mobile phones until mid-2015 as well as talks about security features, market drivers, concerns, product categories, consumer satisfaction and more.

The Mobile Payments: Emerging Trends and Future Outlook is a new market research report that globally analyzes consumer perceptions of mobile payments, including the share of payments conducted through mobile phones, satisfaction levels for mobile phone transactions, and key aspects affecting growth in use of mobile payments. This report also highlights projected changes in payments through mobile phones until mid-2015, concerns about payments through mobile phones, frequently purchased product categories, and expected security features from mobile payment service providers. Complete report is available at http://www.reportsnreports.com/reports/327232-mobile-payments-emerging-trends-and-future-outlook.html .

The majority of respondents in this mobile payments market report use mobile phones for payment transactions. 31% of customers anticipate an increase of 5-25% in payments through mobile phones over the next six months. Discounts and fee reductions will encourage customers to increase use of mobile payments. Regardless of age group, customers view time and cost saving, and ease of use as the key drivers for payments through mobile phones. The highest percentage of survey respondents from North America purchase music, video and entertainment products through mobile phones. Male and female respondents are not concerned about lack of knowledge about mobile payments while making payments through mobile phones.

This mobile payments sector report features the opinions of industry respondents about trends in mobile payments, covering aspects like: Mobile phone payment transaction status, Projected changes in payments through mobile phones over the next six months, Key aspects affecting growth in use of mobile payments, Key drivers for payments through mobile phones, Frequently purchased product categories through mobile phones, Satisfaction levels for mobile phone transactions, Concerns over payments through mobile phones and expected security features from mobile payment service providers.

The Mobile Payments: Emerging Trends and Future Outlook report identifies the extent of mobile payments transactions, allowing organizations to plan strategy about mobile payment platforms. The report helps readers to take strategic decisions by analyzing projected changes in payments through mobile phones over the next six months. Companies will be provided information about frequently purchased product categories through mobile phones. This will help organizations to devise effective sales and marketing strategies.

The report highlights security features which customers expect from mobile payment service providers. This will help organizations to strengthen security framework and improve customer satisfaction. The report ascertains satisfaction level of customers for specific transactions conducted by mobile phone. This will help organizations to improve service offerings by understand customers' opinions about services offered. Order a copy of this mobile payments market research at http://www.reportsnreports.com/Purchase.aspx?name=327232 .

Major points from the Table of Contents of this mobile payments industry report cover:

Methodology and sample size

Extent of mobile phone use for payment transactions

Percentage of total payment transactions through mobile phones

Projected change in payments by mobile phone over the next six months

Frequency of overseas payments through mobile phones

Factors influencing the increased use of mobile payments by customers

Key drivers for payments through mobile phones

Frequently purchased product categories through mobile phones

Satisfaction regarding mobile phone transactions

Concerns regarding mobile payment transactions

Expected security features from mobile payment service providers

Appendix

Another research on Mobile and online payment talks about new stakes and new business models. It gives an overview of the mobile and online payment market. The mobile and online payment market research provides the main figures for each market segment (in-store payment, carrier billing, remote online payment). The latest market trends are analyzed, as well as the position and evolution of the main players (especially telcos and Internet players). Companies examined in this report include Amazon, Apple, Facebook, Google, Orange, PayPal, Telefónica and Vodafone.

On similar lines but with a regional focus, Technology and Mobile Payment Service Providers Landscape in India market research report (http://www.reportsnreports.com/reports/286657-technology-and-mobile-payment-service-providers-landscape-in-india.html ) gives an overview of the non-banking ecosystem in India and describes the evolution of the ecosystem; covers key participants including the technology developers, technology service providers, application developers, the mobile wallet companies, and the MNOs (Mobile network operators). This study was conducted in partnership with Banking Frontiers, a product of Glocal Infomart Pvt. Ltd.

The report also covers the merchants' scenario in India with respect to mobile payments and explains their opinion about the market. The Indian mobile payment market has been compared with few developed and developing countries across the world.

Explore more reports on the IT & Telecommunication sector of the Banking and Financial Services market at http://www.reportsnreports.com/market-research/banking-services/ .

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