Forecast: Mobile Payment, Worldwide, 2013 Update

G00248364

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Summary

Gartner forecasts that the worldwide mobile payment market will have over 450 million users and a transaction value of more than $721 billion in 2017. This represents compound annual growth rates of 18% and 35% respectively for the period 2012 to 2017.

Table of Contents

  • Forecast Data
  • Analysis
    • Asia/Pacific to Overtake Africa as No. 1. Region by Value in 2016
    • NFC Will Account for Only 5% of Transaction Value in 2017
    • Money Transfer Will Remain the Top Use Case in 2017
  • Assumptions
    • User Penetration
    • Technology
    • Use Case
    • Average Value per Transaction
  • Forecast Methodology
    • Definition
    • Market Model
      • Number of Mobile Payment Users
      • Transaction Volume
      • Transaction Value
      • Worldwide Numbers
  • Recommended Reading
© 2013 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartners research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

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