E-Wallet Market Future Scope, Competitive Analysis, Growth Drivers, top manufacturers, and forecast 2022-2030

Overview:

The E-Wallet Market is anticipated to grow by USD 489.3 Billion by 2030 rapidly growing at a CAGR of  23.40% during the forecast period 2022-2030. The global e-wallet market is driven by the emergence of e-commerce and online purchases. These factors have helped shape the e-wallet market and are expected to boost the growth. Companies in the market could also face challenges such as the growing occurrence of online fraud and scams as well as strict financial rules and regulations in some countries. The details covered in the e-wallet market report cover all the aspects of the industry. e-wallet market analysts have also shared growth projections in the report and have suggested e-wallet market players to plan growth strategies accordingly.

The E-wallet market is expected to grow at CAGR of 23.40% and estimated to reach market size of approximately USD 489.3 billion by the end of forecast period 2022-2030.

Regional Overview:

Companies in the e-wallet market are spread across the world. The market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American e-wallet market has many companies across the United States, Canada, and Mexico. Europe has companies in the market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The e-wallet market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the market can be found in the market research report.

Competitive Landscape:

The e-wallet market is supported by rising awareness about encryption technology and quick money transfer. The population growth around the world and increasing demand of market based services and products also support the market growth. However, the market growth can be affected due to unavailability of all-in-one solutions and lack of awareness. The report covers all such details which will help companies in the market to strengthen their business plan and improve their product portfolio. The market research report also provides company profiles of major companies. The company profile of organizations operating in the market discusses strategies,, size, growth plans, revenue, and mergers and acquisition details of top companies in the market. New entrants and established players can plan their strategies based on this data provided in the market research report.

Market Segmentation:

The global e-wallet market has been segmented based on modes, type, and application. On the basis of application, the market for e-wallet is segmented based on Restaurants, Transportation, Banking, Retail. Additionally, the market on the basis of modes, is segmented into Online, M-wallet. The global market for e-wallet is also covered based on type segment which is further split into Closed E Wallets, Semi closed E Wallets, Open E Wallets.

Factors like growing demand for payment gateway systems and contactless payment support the e-wallet market growth. The performance of the market has also been studied for the past and current years. Additionally, the market report provides analysis of these segments. The market segmental analysis provided in the report offers major details about the market performance and future.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/e-wallet-market-4633

Based on the types, the market has the following subtypes:

• Closed e-wallets
• Semi-closed e-wallets
• Open e-wallets

Based on the Technology:

• Near field communication
• QR code
• Text-based/ short message service
• Digital-only

Based on the End-User:

• Personal
• Business

Based on the Industry Vertical:

• Hospitality and transportation
• Media and entertainment
• Retail
• Health care
• Energy and utilities
• Telecommunications
• Others

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Industry News:

Foley Trasimene Acquisition Corp. and   Paysafe Group announced plans to integrate their payment platforms. It will trade as Paysafe and plans to be listed under the symbol PSFE on the New York Stock Exchange (NYSE). The deal represents a pro-forma valuation of around $9 billion for Paysafe. The two-sided network of customers and merchants in Paysafe has the central goal of helping corporations and consumers worldwide to communicate and operate by way of online payments, digital wallet and instant cash solutions.

About Market Research Future (MRFR):

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