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Mobile Wallet Market to Surpass USD 16.2 Trillion by 2031 as Contactless Payments and Financial Inclusion Accelerate Global Adoption
The global mobile wallet market is undergoing a rapid transformation as digital payments become a core component of the modern financial ecosystem. Valued at over US$ 1.8 trillion in 2021, the market is projected to expand at an impressive compound annual growth rate (CAGR) of 22.2% from 2022 to 2031, reaching more than US$ 16.2 trillion by the end of 2031. This remarkable growth reflects the...
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