According to Our latest research report on “Vietnam Mobile Payment Market ” highlights the substantial global expansion occurring within this sector. The report encompasses projections for the years leading up to 2031, accompanied by a comprehensive analysis of the market’s current size, prevailing trends, market share, and economic insights.
Mobile payment is an alternative method for traditional payment systems where cash, checks or credit cards are the medium of payment. Mobile payments provide customers a way to purchase any good or services with the help of wireless devices such as smartphones, tablets and others. In addition, mobile payments use different technologies such as NFC (Near Field Communication), SMS-based transactional payments and direct mobile billing, for improving the security of the transaction and to provide hassle-free transactions.
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The Vietnam mobile payment market is influenced by a number of factors such as increase in penetration of smartphones, growth of the m-commerce industry, development of the fintech & payment industry, and increase in demand for fast & hassle-free transaction services. However, data breach & security concerns is expected to hamper the market growth during the forecast period. These factors collectively provide opportunities for the market growth. However, each factor has its definite impact on the market.
The Vietnam mobile payment market is categorized based on type, mode of transaction, end user, application, and type of purchase. Depending on type, the market is bifurcated into proximity payment and remote payment.
By mode of transaction, it comprises short message service (SMS), near-field communication (NFC), and wireless application protocol (WAP). According to end user, the market is classified into personal and business. The applications covered in the study include hospitality & tourism, media & entertainment, retail, healthcare, energy & utilities, IT & telecommunication, and others. On the basis of type of purchase, it is segmented into airtime transfer & top-ups, money transfers & payments, merchandise & coupons, travel & ticketing, and others.
Key benefits for stakeholders
– The study provides an in-depth analysis of the Vietnam mobile payment market along with the current & future trends to elucidate the imminent investment pockets.
– Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
– Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
– The quantitative analysis of the Vietnam mobile payment market from 2020 to 2027 is provided to determine the market potential.
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KEY MARKET PLAYERS
– Movi
– M_Service
– National Payment Corporation of Vietnam (NAPAS)
– NganLuong.vn
– OnePAY
– Orange
– PayPal Holdings, Inc.
– SohaPay Electronic Payment Tool
– VietUnion Online Services Corporation (Payoo)
– VNG Corp.
Key market segments
By Type
– Proximity Payment
– Remote Payment
By Mode of Transactions
– Short Message Service
– Wireless Application Protocol
– Near-Field Communication
By End User
– Personal
– Business
By Application
– Hospitality & Tourism
– Media & Entertainment
– Retail
– Healthcare
– Energy & Utilities
– IT & Telecommunication
– Others
By Type of Purchase
– Airtime Transfer & Top-Ups
– Money Transfers & Payments
– Merchandise & Coupons
– Travel & Ticketing
– Others
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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- This data may be presented in terms of revenue, market share, or other relevant metrics.
- The report may include data on the segmentation of the market based on various factors such as product type, application, end-user industry, and geography.
- This data helps to understand the market dynamics within different segments
- The report may highlight key trends and drivers that are shaping the market. This can include technological advancements, regulatory changes, consumer behavior, and industry developments.
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- Data on these challenges and opportunities can inform business decisions and strategies.
- The report may provide data on the market performance and trends in different regions or countries. This can include data on market size, growth rate, and key players in each region.
- Regional data helps to understand market dynamics at a local level.
- The report may include data on consumer behavior, preferences, and buying patterns related to patient engagement solutions.
- This data can provide insights into customer needs and expectations, helping businesses tailor their offerings accordingly.
- The report may provide forecasts for the future of the market based on historical data, market trends, and other factors.
- This data helps stakeholders understand the potential growth and opportunities in the market.
Questions & Answers Market Research/Analysis Report Contains to your following:
- What is the current size of the market and how is it expected to grow in the future?
- What are the key drivers influencing market growth?
- What are the major challenges or constraints faced by market participants?
- What are the emerging trends and opportunities in the market?
- Who are the major competitors in the market and what is their market share?
- What are the key customer segments and their preferences within the market?
- What are the regional or geographic trends and variations within the market?
- What are the regulatory and legal factors impacting the market?
- What are the technological advancements or innovations shaping the market?
- What are the pricing trends and strategies observed in the market?
- What are the distribution channels and their effectiveness in reaching the target market?
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