Market Research Reports

Liquidity conditions in the UAE have seen an improvement in the past few years. This meant an increased demand for credits and quicker transactions for the nation. While cash reigned supreme for most of these purposes, the UAE mobile wallet market also witnessed a surge in performance rates. New methods of payment compatible with all the major operating systems are continuing to gain traction. This is particularly luring for technology giants looking for an expansion. For instance, Samsung Pay set its foot in the UAE digital payment market right with celebrating its one-year anniversary. How has the user-strata reacted to this advancement? Consumer adoption Handling cash can be cumbersome. Moreover, with people being incentivized towards it with loyalty programs and cashback offers, the native population is getting increasingly welcoming towards this technology. For business owners, digital payments are all about security, speed and the same convenience of going cas...

Mobile wallet market is projected to surpass $ 2.3 billion by 2022 in UAE, on the back of growing smartphone and internet penetration in the country. Some of the major players operating in the UAE mobile wallet market are Trriple Payments LLC, Beam Wallet, Bridg, Cardtek International LLC, Emirates Integrated Telecommunications Co., Emirates Telecommunication Corp., Mashreq Bank, Emirates NBD, OMA Emirates LLC, and Network International LLC, among others. Why You Should Buy This Report? To gain an in-depth understanding of mobile wallet market in UAE To identify the on-going trends and anticipated growth in the next five years To help industry consultants, mobile wallet manufacturers, distributors and other stakeholders align their market-centric strategies To obtain research-based business decisions and add weight to presentations and marketing material To gain competitive knowledge of leading market p...