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(IT-NEWSWIRE.COM, November 16, 2017 ) Mobile Wallet Market in India 2017 states that the digital market has greatly benefitted from the recent demonetization in India, which has boosted the usage of m-wallets in the country. The m-wallet is driven by increased usage of smartphones, 3G and 4G penetration and growth of e-commerce industry, combined with the rise in disposable income. Post demonetization, the monthly average wallet spending has jumped from INR 500-700 to INR 2000-10,000. Within next four years, prepaid instruments transactions will grow to become the double of mobile banking transactions. Companies like PayTm, FreeCharge, Mobikwik, My Airtel, Oxigen Wallet, My Vodafone, and Pockets by ICICI are the main players in this industry. Increased cases for cyber crimes in India, lack of trust in digital payment gateway, compatibility issues, consumer mindset and financial regulations are adversely affecting the market. Many companies are expanding and restructuring with the aim of not only increasing their gross merchandise value but also to launch other financial services such as loans and investments on their platform. With the convenience of payment and other benefits offered by digital gateways, the m-wallet industry is expected to grow exponentially.
Request a Sample copy at http://www.reportsweb.com/inquiry&RW00011190702/sample
Coverage:
Overview of the forecasted mobile wallet market size over FY 2016 to 2020e
Overview of the mobile wallet transaction market size over FY 2016 to FY 2020e
Evolution of consumer digital payments
Mobile wallet payment varieties
Types of mobile wallets
Growth in mobile wallet banking and prepaid instruments
Mode of payment-wise segmentation
Market segmentation of mobile wallet services and gender-wise segmentation
Player-wise segmentation
Future opportunities of mobile wallets
Qualitative analysis of the major drivers and challenges affecting the market
Why buy-
Get a broad understanding of the Mobile Wallet market in India, the dynamics of the market and current state of the same
Be informed regarding the major trends of adoption for Mobile Wallet and the prime opportunity areas in the market
Strategize marketing, market-entry, market expansion, and other business plans by understanding factors influencing growth in the market
Understand major competitors' business, market dynamics, and respond accordingly
Make more informed business decisions with the help of insightful recommendations provided to succeed in the market
Complete report is available at http://www.reportsweb.com/mobile-wallet-market-in-india-2017
Company Profile:
Public Companies
1. Accelyst Solutions Pvt. Ltd.
2. Citrus Payment Solutions Pvt. Ltd.
3. ItzCash Card Ltd.
4. One MobiKwik Systems Pvt. Ltd.
5. Oxigen Services (India) Pvt. Ltd.
6. Paytm Mobile Solutions Pvt. Ltd.
7. PhonePe Pvt. Ltd.
8. Pay U Payments Pvt. Ltd.
Competitive Landscape
Slide 23: List of Major Players
Slide 24-31: Profiles of Major Players
Recent Developments
Slide 32: Key Recent Developments
Appendix
Slide 33: Research Methodology
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ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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