Product Code: ETC5154546 | 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 |
In Armenia, the Mobile Wallet Market offers digital wallet solutions that enable users to store and manage payment information on their mobile devices. The market is driven by the increasing adoption of mobile payments and the demand for convenient, secure payment solutions.
Armenia`s mobile wallet market is driven by cashless payment adoption, NFC (Near Field Communication) technology, and mobile banking apps. Drivers include demand for digital wallets, contactless payments, and mobile wallet security features.
The mobile wallet market in Armenia encounters challenges such as digital payment adoption and the interoperability of mobile payment platforms with banking systems. Additionally, there are issues related to financial regulations for mobile money transfers and the integration of NFC (Near Field Communication) technology, QR code payments, and blockchain-based digital currencies to facilitate secure, convenient, and contactless transactions in mobile wallet applications for retail payments, peer-to-peer transfers, and mobile commerce ecosystems.
Armenia`s government supports the mobile wallet market through policies aimed at promoting digital payment adoption, ensuring regulatory compliance, and enhancing transaction security. Initiatives focus on interoperability between mobile payment platforms, consumer protection measures, and partnerships with financial institutions.
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 Armenia Mobile Wallet Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Mobile Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Mobile Wallet Market - Industry Life Cycle |
3.4 Armenia Mobile Wallet Market - Porter's Five Forces |
3.5 Armenia Mobile Wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Mobile Wallet Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Armenia Mobile Wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Armenia Mobile Wallet Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Armenia Mobile Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Mobile Wallet Market Trends |
6 Armenia Mobile Wallet Market Segmentations |
6.1 Armenia Mobile Wallet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Mobile Wallet Market Revenues & Volume, By Proximity, 2021-2031F |
6.1.3 Armenia Mobile Wallet Market Revenues & Volume, By Remote, 2021-2031F |
6.2 Armenia Mobile Wallet Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Armenia Mobile Wallet Market Revenues & Volume, By Near Field Communication, 2021-2031F |
6.2.3 Armenia Mobile Wallet Market Revenues & Volume, By Qr Code, 2021-2031F |
6.2.4 Armenia Mobile Wallet Market Revenues & Volume, By Text Based/short Message Service, 2021-2031F |
6.2.5 Armenia Mobile Wallet Market Revenues & Volume, By Digital Only, 2021-2031F |
6.3 Armenia Mobile Wallet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Mobile Wallet Market Revenues & Volume, By Hospitality & Transportation, 2021-2031F |
6.3.3 Armenia Mobile Wallet Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.4 Armenia Mobile Wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Armenia Mobile Wallet Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Armenia Mobile Wallet Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.3.7 Armenia Mobile Wallet Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4 Armenia Mobile Wallet Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Armenia Mobile Wallet Market Revenues & Volume, By Personal, 2021-2031F |
6.4.3 Armenia Mobile Wallet Market Revenues & Volume, By Business, 2021-2031F |
7 Armenia Mobile Wallet Market Import-Export Trade Statistics |
7.1 Armenia Mobile Wallet Market Export to Major Countries |
7.2 Armenia Mobile Wallet Market Imports from Major Countries |
8 Armenia Mobile Wallet Market Key Performance Indicators |
9 Armenia Mobile Wallet Market - Opportunity Assessment |
9.1 Armenia Mobile Wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Mobile Wallet Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Armenia Mobile Wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Armenia Mobile Wallet Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Armenia Mobile Wallet Market - Competitive Landscape |
10.1 Armenia Mobile Wallet Market Revenue Share, By Companies, 2024 |
10.2 Armenia Mobile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |