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United States Mobile Payment Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The United States mobile payment market is currently witnessing strong growth. Mobile payment refers to a process wherein a smartphone is utilized to initiate, confirm and authorize financial value in exchange for goods and services. As it is more secure, convenient and easy to use compared to other forms of payment, its demand is escalating in the United States. At present, key players in the country are combining advanced technologies, such as wearables, biometrics and blockchain, with mobile payment solutions to improve security.

The well-established e-commerce sector, along with the increasing reliance on the internet, is escalating the demand for mobile payment solutions in the US. Apart from this, mobile payment services can be easily integrated with loyalty and incentive programs, which is contributing to the market growth. Furthermore, these solutions are gaining traction in the healthcare industry to ensure easy payment of medical bills in the country. Additionally, market players are introducing smart payment programs that include the overall costs of healthcare services. Moreover, the thriving travel and tourism sector is creating opportunities for these players to introduce innovative mobile payment options. Besides this, the mass spread of the coronavirus disease (COVID-19) and the consequently rising utilization of contactless payments are positively influencing the market growth. Looking forward, IMARC Group expects the market to continue its strong growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States mobile payment market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, mode of transaction and application.

Breakup by Mode of Transaction:

  • WAP
  • NFC
  • SMS
  • USSD
  • Others

Breakup by Application:

  • 娱乐
  • Energy and Utilities
  • Healthcare
  • Retail
  • Hospitality and Transportation
  • Others

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the United States mobile payment market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States mobile payment market?
  • What are the key regional markets?
  • What is the breakup of the market based on the mode of transaction?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the United States mobile payment market and who are the key players?
  • What is the degree of competition in the industry?

1 Preface
2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction

4.1 Overview
4.2 Key Industry Trends
5 United States Mobile Payment Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Mode of Transaction
6.1 WAP
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 NFC
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 SMS
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 USSD
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Entertainment
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Energy and Utilities
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Healthcare
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Retail
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Hospitality and Transportation
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Region
8.1 Northeast
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Midwest
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 South
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 West
8.4.1 Market Trends
8.4.2 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis

11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Policy and Regulatory Landscape
14 Competitive Landscape

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players

List of Figures

Figure 1: United States: Mobile Payment Market: Major Drivers and Challenges
图2:美国:移动支付市场:Sales Value (in Million US$), 2014-2019
Figure 3: United States: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: United States: Mobile Payment Market: Breakup by Mode of Transaction (in %), 2019
Figure 5: United States: Mobile Payment Market: Breakup by Application (in %), 2019
Figure 6: United States: Mobile Payment Market: Breakup by Region (in %), 2019
Figure 7: United States: Mobile Payment (WAP) Market: Sales Value (in Million US$), 2014 & 2019
Figure 8: United States: Mobile Payment (WAP) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 9: United States: Mobile Payment (NFC) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: United States: Mobile Payment (NFC) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: United States: Mobile Payment (SMS) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: United States: Mobile Payment (SMS) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: United States: Mobile Payment (USSD) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: United States: Mobile Payment (USSD) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: United States: Mobile Payment (Other Mode of Transactions) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: United States: Mobile Payment (Other Mode of Transactions) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: United States: Mobile Payment (Entertainment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: United States: Mobile Payment (Entertainment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: United States: Mobile Payment (Energy and Utilities) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: United States: Mobile Payment (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: United States: Mobile Payment (Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: United States: Mobile Payment (Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: United States: Mobile Payment (Retail) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: United States: Mobile Payment (Retail) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: United States: Mobile Payment (Hospitality and Transportation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: United States: Mobile Payment (Hospitality and Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: United States: Mobile Payment (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: United States: Mobile Payment (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Northeast: Mobile Payment Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Northeast: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Midwest: Mobile Payment Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Midwest: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: South: Mobile Payment Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: South: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: West: Mobile Payment Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: West: Mobile Payment Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: United States: Mobile Payment Industry: SWOT Analysis
Figure 38: United States: Mobile Payment Industry: Value Chain Analysis
Figure 39: United States: Mobile Payment Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: United States: Mobile Payment Market: Key Industry Highlights, 2019 and 2025
Table 2: United States: Mobile Payment Market Forecast: Breakup by Mode of Transaction (in Million US$), 2020-2025
Table 3: United States: Mobile Payment Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: United States: Mobile Payment Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: United States: Mobile Payment Market: Competitive Structure
Table 6: United States: Mobile Payment Market: Key Players

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