Summary
Even though organizations within telecom industry are concerned about security and privacy issues and prevention of frauds, increase in use of mobile money by companies and merchants, increasing penetration of smartphones and internet, and preference for cashless transactions will push mobile money usage over the next two years. Globally, investment on mobile money services is anticipated to increase by 23.1% during the next two years. Asia and Africa are expected to offer significant growth for mobile money over the next two years with technological innovation and increasing competitor in the mobile money space emerging as prominent trends.
Key Findings
- Organizations prefer to provide person-to-person transfer and bill payment using mobile money as compared to other services
- Globally, investment on mobile money services is anticipated to increase by 23.1% over the next two years
- Increase in use of mobile money by companies and merchants, and increasing penetration of smartphones and internet will drive mobile money usage during the next two years
- Technological innovation and increasing competition in the mobile money space will significantly impact mobile money in the coming two years
- Asia and Africa are expected to offer significant growth for mobile money over the next two years
- Security and privacy concerns will restrict the growth prospects of mobile money during the next two years
Synopsis
Pyramid's Mobile Money - Emerging Trends, Growth Drivers and Future Outlook 2016-2017 report examines executives' opinion on key drivers of mobile money usage and trends likely to influence mobile money during the next two years. It also highlights regional growth outlook, investment projections, and major challenges. Additionally, it provides information categorized by region and company type.
What else does this report offer?
- Mobile money product adoption status: highlights organizations position on mobile money product offerings
- Projected change in investment: examines anticipated change in expenditure on mobile money services over the next two years
- Key drivers: identifies major factors influencing mobile money usage in the coming two years
- Future impacting trends: provides information about Trends likely to influence mobile money over the next two years
- Regional growth outlook: indicates growth prospects for mobile money across regions in the coming two years
- Barriers towards future growth: determines challenges expected to inhibit growth prospects of mobile money over the next two years.
Reasons To Buy
- Highlights trends which will impact mobile money future prospects thus helping telecom organizations to realign business strategy
- Assist in development or adjustment of business expansion plans by providing information about regional growth outlook
- Helps organizations to overcome obstacles by indicating challenges expected to inhibit growth prospects of mobile money over the next two years
- Highlights adoption status of product offerings over the next two years thus allowing organizations to boost revenues by focusing on select products
Table Of Contents
Introduction
Methodology, sample size and key points
Profile of respondents
Product adoption status, revenue share projections and investment outlook
Organizations status on mobile money product offerings Projected change in investment on mobile money services over the next two years 15
Key drivers, challenges and growth prospects
Major factors influencing mobile money usage over the next two years
Trends expected to significantly impact mobile money during the next two years
Regional growth outlook for mobile money over the next two years
Barriers towards future growth outlook of mobile money
Acronyms and definitions 39
Appendix
List Of Tables
Exhibit 1: Distribution of survey respondents by region, 2016
Exhibit 2: Distribution of survey respondents by company type, 2016
Exhibit 3: Distribution of survey respondents by size (turnover), 2016
Exhibit 4: Distribution of survey respondents by position, 2016
Exhibit 5: Current adoption and future plans around mobile money services, 2016-2017
Exhibit 6: Top five mobile money services in North America and Latin America as measured by the sum of respondents currently using and respondents planning to adopt each type of mobile money service, 2016-2017
Exhibit 7: Top five mobile money services in Europe, Asia and Middle East/Africa as measured by the sum of respondents currently using and respondents planning to adopt each type of mobile money service, 2016-2017
Exhibit 8: Top five mobile money services by size of company as measured by the sum of respondents currently using and respondents planning to adopt each type of mobile money service, 2016-2017
Exhibit 9: Change survey respondents expect in investment in mobile money services over the next two years, by region and globally
Exhibit 10: Change survey respondents expect in investment in mobile money services over the next two years, by size of company
Exhibit 11: Change survey respondents expect in investment in mobile money services over the next two years, by type of company
Exhibit 12: Leading factors driving mobile money use in the next two years as measured by share of respondents who believe each factor will be a positive driver
Exhibit 13: Top four factors driving mobile money use in the next two years as measured by share of survey respondents citing factor as a driver: North America and Latin America
Exhibit 14: Top four factors driving mobile money use in the next two years as measured by share of survey respondents citing factor as a driver: Europe, Asia-pacific, Middle East and Africa
Exhibit 15: Top four factors driving mobile money use in the next two years as measured by share of survey respondents citing factor as a driver, by size of company
Exhibit 16: Top four factors driving mobile money use in the next two years as measured by share of survey respondents citing factor as a driver, by type of company
Exhibit 17: Top trends significantly impacting mobile money over the next two years according to survey respondents
Exhibit 18: Top four trends significantly impacting mobile money over the next two years according to survey respondents in North America and Latin America
Exhibit 19: Top four trends significantly impacting mobile money over the next two years according to survey respondents in Europe, Asia-Pacific and Middle East and Africa
Exhibit 20: Top four trends significantly impacting mobile money over the next two years according to survey respondents by size of company
Exhibit 21: Top four trends significantly impacting mobile money over the next two years according to survey respondents by type of company
Exhibit 22: Share of respondents expecting “significant” growth in mobile money over the next two years in each region
Exhibit 23: Share of respondents in North America and Latin America expecting “significant” growth in mobile money over the next two years in each region
Exhibit 24: Share of respondents in Europe, Asia-Pacific and Middle East and Africa expecting “significant” growth in mobile money over the next two years in each region
Exhibit 25: Share of respondents expecting “significant” growth in mobile money over the next two years in each region, by company size
Exhibit 26: Share of respondents expecting “significant” growth in mobile money over the next two years in each region, by type of company
Exhibit 27: Share of respondents expecting the factors outlined below to inhibit growth in mobile money in the next two years
Exhibit 28: Top four challenges facing the mobile money market as measured by the share of respondents citing the factor as an inhibitor, North America and Latin America
Exhibit 29: Top four challenges facing the mobile money market as measured by the share of respondents citing the factor as an inhibitor, Europe, Asia-Pacific and Middle East and Africa
Exhibit 30: Top four challenges facing the mobile money market as measured by the share of respondents citing the factor as an inhibitor, by size of company
Exhibit 31: Top four challenges facing the mobile money market as measured by the share of respondents citing the factor as an inhibitor, by type of company
List Of Figures
Exhibit 1: Distribution of survey respondents by region, 2016
Exhibit 2: Distribution of survey respondents by company type, 2016
Exhibit 3: Distribution of survey respondents by size (turnover), 2016
Exhibit 4: Distribution of survey respondents by position, 2016
Exhibit 5: Current adoption and future plans around mobile money services, 2016-2017
Exhibit 6: Top five mobile money services in North America and Latin America as measured by the sum of respondents currently using and respondents planning to adopt each type of mobile money service, 2016-2017
Exhibit 7: Top five mobile money services in Europe, Asia and Middle East/Africa as measured by the sum of respondents currently using and respondents planning to adopt each type of mobile money service, 2016-2017
Exhibit 8: Top five mobile money services by size of company as measured by the sum of respondents currently using and respondents planning to adopt each type of mobile money service, 2016-2017
Exhibit 9: Change survey respondents expect in investment in mobile money services over the next two years, by region and globally
Exhibit 10: Change survey respondents expect in investment in mobile money services over the next two years, by size of company
Exhibit 11: Change survey respondents expect in investment in mobile money services over the next two years, by type of company
Exhibit 12: Leading factors driving mobile money use in the next two years as measured by share of respondents who believe each factor will be a positive driver
Exhibit 13: Top four factors driving mobile money use in the next two years as measured by share of survey respondents citing factor as a driver: North America and Latin America
Exhibit 14: Top four factors driving mobile money use in the next two years as measured by share of survey respondents citing factor as a driver: Europe, Asia-pacific, Middle East and Africa
Exhibit 15: Top four factors driving mobile money use in the next two years as measured by share of survey respondents citing factor as a driver, by size of company
Exhibit 16: Top four factors driving mobile money use in the next two years as measured by share of survey respondents citing factor as a driver, by type of company
Exhibit 17: Top trends significantly impacting mobile money over the next two years according to survey respondents
Exhibit 18: Top four trends significantly impacting mobile money over the next two years according to survey respondents in North America and Latin America
Exhibit 19: Top four trends significantly impacting mobile money over the next two years according to survey respondents in Europe, Asia-Pacific and Middle East and Africa
Exhibit 20: Top four trends significantly impacting mobile money over the next two years according to survey respondents by size of company
Exhibit 21: Top four trends significantly impacting mobile money over the next two years according to survey respondents by type of company
Exhibit 22: Share of respondents expecting “significant” growth in mobile money over the next two years in each region
Exhibit 23: Share of respondents in North America and Latin America expecting “significant” growth in mobile money over the next two years in each region
Exhibit 24: Share of respondents in Europe, Asia-Pacific and Middle East and Africa expecting “significant” growth in mobile money over the next two years in each region
Exhibit 25: Share of respondents expecting “significant” growth in mobile money over the next two years in each region, by company size
Exhibit 26: Share of respondents expecting “significant” growth in mobile money over the next two years in each region, by type of company
Exhibit 27: Share of respondents expecting the factors outlined below to inhibit growth in mobile money in the next two years
Exhibit 28: Top four challenges facing the mobile money market as measured by the share of respondents citing the factor as an inhibitor, North America and Latin America
Exhibit 29: Top four challenges facing the mobile money market as measured by the share of respondents citing the factor as an inhibitor, Europe, Asia-Pacific and Middle East and Africa
Exhibit 30: Top four challenges facing the mobile money market as measured by the share of respondents citing the factor as an inhibitor, by size of company
Exhibit 31: Top four challenges facing the mobile money market as measured by the share of respondents citing the factor as an inhibitor, by type of company
