Product Code: ETC5154544 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The mobile wallet market in Angola is growing, driven by the adoption of digital payment solutions, contactless transactions, and mobile financial services to facilitate cashless payments, bill payments, and peer-to-peer money transfers via smartphones. Mobile wallets integrate payment cards, bank accounts, and loyalty programs into secure mobile applications, offering convenience, accessibility, and financial inclusion benefits to consumers and businesses. With Angola`s mobile banking regulations, smartphone penetration, and consumer preference for digital payments, the market for mobile wallets is expanding, supported by fintech innovation, NFC (Near Field Communication) technology, and QR code payment solutions.
The mobile wallet market in Angola is driven by the demand for convenient and secure digital payment solutions on mobile devices. Mobile wallets offer benefits such as easy access to financial transactions, improved payment security, and enhanced user convenience. The focus on expanding digital payments and financial inclusion supports market growth.
The Angola Mobile Wallet Market faces challenges such as regulatory and compliance issues, along with concerns over security and fraud. Additionally, there is a need for extensive consumer education and reliable network infrastructure.
To promote digital payments, the Angolan government supports the mobile wallet market with policies that offer subsidies for mobile payment solutions and incentives for businesses that adopt mobile wallets.
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 Mobile Wallet Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Mobile Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Mobile Wallet Market - Industry Life Cycle |
3.4 Angola Mobile Wallet Market - Porter's Five Forces |
3.5 Angola Mobile Wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Angola Mobile Wallet Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Angola Mobile Wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Angola Mobile Wallet Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Angola Mobile Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Angola Mobile Wallet Market Trends |
6 Angola Mobile Wallet Market Segmentations |
6.1 Angola Mobile Wallet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Angola Mobile Wallet Market Revenues & Volume, By Proximity, 2021-2031F |
6.1.3 Angola Mobile Wallet Market Revenues & Volume, By Remote, 2021-2031F |
6.2 Angola Mobile Wallet Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Angola Mobile Wallet Market Revenues & Volume, By Near Field Communication, 2021-2031F |
6.2.3 Angola Mobile Wallet Market Revenues & Volume, By Qr Code, 2021-2031F |
6.2.4 Angola Mobile Wallet Market Revenues & Volume, By Text Based/short Message Service, 2021-2031F |
6.2.5 Angola Mobile Wallet Market Revenues & Volume, By Digital Only, 2021-2031F |
6.3 Angola Mobile Wallet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Angola Mobile Wallet Market Revenues & Volume, By Hospitality & Transportation, 2021-2031F |
6.3.3 Angola Mobile Wallet Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.4 Angola Mobile Wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Angola Mobile Wallet Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Angola Mobile Wallet Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.3.7 Angola Mobile Wallet Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4 Angola Mobile Wallet Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Angola Mobile Wallet Market Revenues & Volume, By Personal, 2021-2031F |
6.4.3 Angola Mobile Wallet Market Revenues & Volume, By Business, 2021-2031F |
7 Angola Mobile Wallet Market Import-Export Trade Statistics |
7.1 Angola Mobile Wallet Market Export to Major Countries |
7.2 Angola Mobile Wallet Market Imports from Major Countries |
8 Angola Mobile Wallet Market Key Performance Indicators |
9 Angola Mobile Wallet Market - Opportunity Assessment |
9.1 Angola Mobile Wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Angola Mobile Wallet Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Angola Mobile Wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Angola Mobile Wallet Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Angola Mobile Wallet Market - Competitive Landscape |
10.1 Angola Mobile Wallet Market Revenue Share, By Companies, 2024 |
10.2 Angola Mobile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |