| Product Code: ETC5152017 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The e-wallet market in Angola is experiencing rapid growth, driven by the increasing adoption of digital payment solutions. E-wallets offer convenience, security, and ease of transactions, making them popular among consumers and businesses. The market growth is supported by the expansion of the mobile network, rising smartphone penetration, and government initiatives to promote financial inclusion.
The primary drivers of the Angola E-wallet Market include the increasing adoption of digital payment solutions and the growing penetration of smartphones and the internet. The rise in e-commerce activities and the need for secure and convenient payment methods also stimulate market demand. Additionally, government initiatives promoting digital transactions and advancements in e-wallet technology, such as enhanced security features, further contribute to market expansion.
The Angola e-wallet market faces challenges such as limited internet penetration and digital literacy, which hinder the adoption of e-wallet services. Additionally, the market contends with regulatory and security issues, which affect consumer trust and confidence in digital payment systems. The lack of interoperability between different e-wallet platforms also poses a significant hurdle to market growth.
The Angolan government supports the growth of the e-wallet market through policies that promote financial inclusion and digitalization. Regulatory frameworks have been established to ensure the security and reliability of e-wallet services, building consumer trust. The government also collaborates with financial institutions to provide incentives for the adoption of e-wallets, such as reduced transaction fees and subsidies for digital infrastructure development. Additionally, public awareness campaigns aim to educate citizens about the benefits of using e-wallets for everyday transactions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Angola E-wallet Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola E-wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Angola E-wallet Market - Industry Life Cycle |
3.4 Angola E-wallet Market - Porter's Five Forces |
3.5 Angola E-wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Angola E-wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Angola E-wallet Market Revenues & Volume Share, By Mode, 2021 & 2031F |
4 Angola E-wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in Angola |
4.2.2 Growing internet and mobile connectivity in the region |
4.2.3 Government initiatives promoting digital payments and financial inclusion |
4.3 Market Restraints |
4.3.1 Limited access to banking services in remote areas |
4.3.2 Concerns about data security and privacy |
4.3.3 Resistance to change among consumers accustomed to cash transactions |
5 Angola E-wallet Market Trends |
6 Angola E-wallet Market Segmentations |
6.1 Angola E-wallet Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Angola E-wallet Market Revenues & Volume, By Restaurants, 2021-2031F |
6.1.3 Angola E-wallet Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.4 Angola E-wallet Market Revenues & Volume, By Banking, 2021-2031F |
6.1.5 Angola E-wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.2 Angola E-wallet Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Angola E-wallet Market Revenues & Volume, By Closed E Wallets, 2021-2031F |
6.2.3 Angola E-wallet Market Revenues & Volume, By Semi Closed E Wallets, 2021-2031F |
6.2.4 Angola E-wallet Market Revenues & Volume, By Open E Wallets, 2021-2031F |
6.2.6 Angola E-wallet Market Revenues & Volume, By Mode, 2021-2031F |
6.2.7 Angola E-wallet Market Revenues & Volume, By Online, 2021-2031F |
6.3 Angola E-wallet Market, By Mode |
6.3.1 Overview and Analysis |
6.3.2 Angola E-wallet Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Angola E-wallet Market Revenues & Volume, By M Wallet, 2021-2031F |
7 Angola E-wallet Market Import-Export Trade Statistics |
7.1 Angola E-wallet Market Export to Major Countries |
7.2 Angola E-wallet Market Imports from Major Countries |
8 Angola E-wallet Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Number of active e-wallet users |
8.3 Frequency of e-wallet usage |
8.4 Customer satisfaction with e-wallet services |
8.5 Percentage of population using e-wallets for daily transactions |
9 Angola E-wallet Market - Opportunity Assessment |
9.1 Angola E-wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Angola E-wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Angola E-wallet Market Opportunity Assessment, By Mode, 2021 & 2031F |
10 Angola E-wallet Market - Competitive Landscape |
10.1 Angola E-wallet Market Revenue Share, By Companies, 2024 |
10.2 Angola E-wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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