Future of Payments: Mobile Payment Market to Expand at 16.24% CAGR
The global mobile payment market is experiencing significant growth, with a projected increase from USD 1,903.53 billion in 2023 to USD 6,232.58 billion by 2031. This represents a compound annual growth rate (CAGR) of 16.24% over the forecast period from 2024 to 2031. The mobile payment market is being driven by several key factors, including the increasing demand for convenience, the...
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