Rising Smartphone User Base to Aid Growth of India Mobile Wallet Market
Increasing smartphone and internet penetration along with rising acceptance of mobile wallets by various e-commerce platforms to drive India mobile wallet market through 2024. According to TechSci Research report, “ India Mobile Wallet Market By Application, Competition Forecast and Opportunities 2013 - 2024 ’’ , India mobile wallet market is projected to grow at an astounding CAGR of 44% until 2024 on account of increasing penetration of smartphones, expanding internet user base and rising inclination of various e-commerce platforms towards mobile wallets. Moreover, mobile wallet companies are providing lucrative offers on mobile wallet usage along with growing usage of value added services. Additionally, ‘Digital India’ initiative of the government of India, which has a vision to convert India into a digitally empowered country, is further anticipated to have a huge positive impact on the market in the coming years. Browse 32 market data Figures and Tables spread through 8...