Gartner Research

Market Guide for Digital Wallet Solutions

Published: 09 November 2016

ID: G00315224

Analyst(s): Penny Gillespie , Sandy Shen

Summary

Digital wallet solutions enable transactions from connected devices and a variety of providers to offer branded wallet services. This guide helps application leaders responsible for digital commerce and payment to grasp the scope of digital wallet solutions and their place in the payment market.

Table Of Contents

Market Definition

Market Direction

  • Solution Providers Are Building Commerce Services to Enrich Their Offerings
  • Fee Pressures Increase Interest in Alternative Payment Methods
    • Bank Transfer
    • Stored Value Account (SVA)
    • Bitcoin
  • QR Codes Become Popular Due to Their Wide Reach and Versatility
  • API-Driven Payment Gains Momentum as Businesses Look for Easy Integration and a Better Payment Experience

Representative Vendors

Market Recommendations

Gartner Recommended Reading

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