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.
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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.
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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.
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
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