IT Spending by Mobile Payment Service Providers Market
IT Spending by Mobile Payment Service Providers
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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IT Spending by Mobile Payment Service Providers
Market Size and Growth
The IT spending by mobile payment service providers continues to grow, driven by increasing demand for seamless digital transactions. The market is projected to reach approximately $100 billion by 2025, fueled by advancements in mobile technology and rising consumer adoption, amidst evolving regulatory frameworks and heightened competition in the financial sector.
Companies Covered
(Covid 19 Impact Covered)
◍ AmazonPayments
◍ HP
IBM
MasterCard
Oracle
PayPal
SAP
Accenture
Apple Pay
AT&T
CSC
Fujitsu
Google Pay
Infosys
Samsung
SAP
Square ◍ TCS
The IT spending by mobile payment service providers features competitive players like Amazon Payments, PayPal, and Apple Pay, enhancing transaction security and integration. Companies like IBM and Oracle offer robust payment infrastructure, while Accenture and Infosys provide consultancy. Revenue insights include PayPal ($25.5B), MasterCard ($21B), and IBM ($60B).
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Market Segmentation
By Application
◍ Carrier Billing
By Product
Services ◍ Card-based Payments
◍ Contactless Payments NFC
◍ Inter-bank Transfer
◍ Mobile Wallet
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Hardware
Software
Market Growth
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$ X Billion USD
