Product Code: ETC4380633 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Bangladesh mobile money market is experiencing notable growth, fueled by the country`s expanding financial inclusion efforts and the adoption of mobile-based payment and banking services. Mobile money solutions allow users to perform financial transactions, such as money transfers, bill payments, and mobile wallet transactions, using their smartphones. With increasing smartphone penetration, mobile internet usage, and government initiatives to promote digital payments, the demand for mobile money services is expected to rise, supporting financial inclusion and digital economy growth in Bangladesh.
The Bangladesh mobile money market is propelled by the growing adoption of mobile payment solutions and digital financial services. Mobile money platforms offer convenient and secure methods for performing financial transactions, including money transfers, bill payments, and merchant payments, using mobile devices. With the increasing smartphone penetration and internet accessibility in Bangladesh, there is a rising demand for mobile money services among unbanked and underbanked populations. Moreover, government initiatives promoting financial inclusion and digital payments further stimulate market growth by driving the adoption of mobile money solutions.
Challenges in the Bangladesh mobile money market include regulatory compliance, financial inclusion barriers, and security risks. Moreover, addressing user trust issues, ensuring interoperability between mobile money platforms, and expanding agent networks pose significant hurdles for mobile money service providers and users in the financial sector.
In Bangladesh, government policies related to the mobile money market may focus on financial inclusion, consumer protection, and anti-money laundering measures. Regulatory frameworks may include guidelines for mobile payment platforms, transaction security standards, and regulatory oversight of mobile money operators. Additionally, policies may promote partnerships between financial institutions and mobile network operators to expand access to mobile financial services and promote economic empowerment.
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 Bangladesh Mobile Money Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Mobile Money Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Mobile Money Market - Industry Life Cycle |
3.4 Bangladesh Mobile Money Market - Porter's Five Forces |
3.5 Bangladesh Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F |
3.6 Bangladesh Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F |
3.7 Bangladesh Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Bangladesh Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F |
4 Bangladesh Mobile Money Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Mobile Money Market Trends |
6 Bangladesh Mobile Money Market, By Types |
6.1 Bangladesh Mobile Money Market, By Transaction mode |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Mobile Money Market Revenues & Volume, By Transaction mode, 2021-2031F |
6.1.3 Bangladesh Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.4 Bangladesh Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F |
6.1.5 Bangladesh Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F |
6.2 Bangladesh Mobile Money Market, By Nature of Payment |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F |
6.2.3 Bangladesh Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F |
6.2.4 Bangladesh Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F |
6.2.5 Bangladesh Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3 Bangladesh Mobile Money Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F |
6.3.3 Bangladesh Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F |
6.3.4 Bangladesh Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F |
6.3.5 Bangladesh Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F |
6.3.6 Bangladesh Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F |
6.4 Bangladesh Mobile Money Market, By Type of Payments |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F |
6.4.3 Bangladesh Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F |
7 Bangladesh Mobile Money Market Import-Export Trade Statistics |
7.1 Bangladesh Mobile Money Market Export to Major Countries |
7.2 Bangladesh Mobile Money Market Imports from Major Countries |
8 Bangladesh Mobile Money Market Key Performance Indicators |
9 Bangladesh Mobile Money Market - Opportunity Assessment |
9.1 Bangladesh Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F |
9.2 Bangladesh Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F |
9.3 Bangladesh Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Bangladesh Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F |
10 Bangladesh Mobile Money Market - Competitive Landscape |
10.1 Bangladesh Mobile Money Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |