India Mobile Wallet Market By Applications, Industry Size, Share, Trends, Opportunity and Forecast 2024 - TechSci Research
India mobile wallet market is projected to grow from around $ 16 billion in 2018 to $ 184 bi llion by 2024, exhibiting growth at a staggering CAGR of 44% during 2019 - 2024. Anticipated growth in the market can be attributed to growing smartphone user base and rising internet penetration across the country. Moreover, various e-commerce companies are now increasingly accepting mobile wallets for convenience of their customers, which is positively influencing the country’s mobile wallet market. Among applications of mobile wallets , money transfer dominates India mobile wallet market as there is high volume of peer to peer and peer to bank transfers. However, online food ordering is anticipated to grow at the fastest pace during forecast period as people find it easier to order food online rather than standing in queue. Years considered for this report: Historical Years: 2013-2017 Base Year: 2018 Estimated Year: 2019 Forecast Period: 2020–2024 Access Sample Copy ...