Publisher’s Mobile Money - Emerging Trends, Growth Driversand 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.
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.