·
Future Growth of Africa Mobile Money Market is expected
to be driven by expanding reach of market players across nations and increasing
government support towards financial inclusion
·
Mobile Money Market is expected to be willingly
adopted by the countries in order to provide money remittance services to the
residents.
Ken Research announced its latest publication on “Africa Mobile Money Industry Outlook to 2019 – Growth
Led by Governmental Support and Mobile Network Operators”
which provides an in-depth analysis of the Asia-Pacific Mobile Money Industry
and covers specific insights on the market size in terms of value, segmentation
by geography & product wise segmentation by major countries, drivers and
restraints, recent trends and developments and future outlook of the mobile money
Industry at the global and regional level. The report also entails a detailed
description of the prominent and emerging geographic markets of the region
including Kenya, Tanzania, Uganda and Nigeria amongst others.
 |
| Africa Mobile Banking Market |
The mobile money industry across the world has been
continuously growing and expanding across various regions. The traction of the
market is more aptly visible in the developing third world countries as
compared to developed countries such as the US. Africa has been one of the
early adopters of the mobile money in the world with the value of transactions
growing at a CAGR of ~% over the period of 2009-2014. In 2014, the transactions
value in Africa surged at the rate of ~%, totaling to USD ~billion. With nearly
~% of the m-payment transactions originating in East-Africa, this region leads
the African market of m-payments. In Africa, mobile phones have transformed into the
lifelines for the people who possess limited access to the financial services.
The
value of transactions performed through mobiles has inclined from USD ~ billion
in 2009 to USD ~ billion in 2014.
“The mobile wallets in the coming years are expected to
include more features enabling the customers to perform transactions for a
variety of purposes. The mobile payments market in Africa is anticipated to grow
from traditionally popular money transfer services to include much more
advanced forms of payments including merchant bill payments, electricity, water
bill payments, fees, ATM withdrawal services, loans and others”, according to the Research Analyst,
Ken Research.
Key
Topics Covered in the Report:
Africa Mobile Money Market
- Market Size by Transactions Value
- Market Segmentation by
-
Source of Funding
-
Location-Remote and Proximity Payments
-
Purpose of payments
- Country Wise Market Size and Segmentation
- Company and Product Profiles of Major
Players by Country
- Business Models, Value Chain Analysis,
Industry Participants, Key Concerns
- Future Outlook and Projections
Products
Covered in the Report:
-
Mobile Wallet
-
Mobile Banking
-
MPOS
-
Mobile Payment/ Mobile Money
-
Proximity Payments
-
Remote Payments
Companies
Covered in the Report
-
Safaricom M-PESA
-
Airtel Money
-
Essar yuCash
-
Orange Money
-
Zantel
-
Tigo Tanzani
-
Vodacom
-
First National Bank
-
Exim Bank
-
National Microfinance Bank
-
MTN Mobile Money
-
UTL M-Sente
Countries
Covered:
-
Kenya
-
Uganda
-
Nigeria
-
Tanzania
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-11-47017199
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-11-47017199
