| Product Code: ETC5416428 | 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 mobile money market in Belgium is expanding, driven by the increasing adoption of mobile payment solutions. Mobile money services provide convenient and secure payment options, promoting financial inclusion and digital transactions. Advances in mobile payment technologies and the growing acceptance of cashless payments are significant factors in this market`s growth.
The mobile money market in Belgium is characterized by the growing adoption of mobile payment and financial services. Mobile money solutions enable users to conduct transactions, manage finances, and access financial services through mobile devices. Belgium`s focus on digital payments and advancements in financial technologies support market growth. The increasing need for convenient and secure mobile financial services drives market development.
The Belgium mobile money market encounters challenges related to regulatory compliance and user trust. Ensuring compliance with financial regulations, anti-money laundering (AML) laws, and other legal requirements is a key concern. Additionally, building and maintaining user trust in the security and reliability of mobile money services requires continuous investment in technology and customer support.
Government policies in Belgium promote the mobile money market by encouraging the use of advanced financial technologies for mobile transactions. Financial incentives for developing innovative mobile money solutions enhance market growth. Policies ensuring security and regulatory compliance drive the adoption of mobile money technologies.
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 Belgium Mobile Money Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Mobile Money Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Mobile Money Market - Industry Life Cycle |
3.4 Belgium Mobile Money Market - Porter's Five Forces |
3.5 Belgium Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F |
3.6 Belgium Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F |
3.7 Belgium Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Belgium Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F |
4 Belgium Mobile Money Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in Belgium |
4.2.2 Growing adoption of digital payments and e-commerce |
4.2.3 Government initiatives promoting cashless transactions |
4.3 Market Restraints |
4.3.1 Security concerns around mobile money transactions |
4.3.2 Limited merchant acceptance of mobile payments |
4.3.3 Lack of awareness and trust among consumers regarding mobile money services |
5 Belgium Mobile Money Market Trends |
6 Belgium Mobile Money Market Segmentations |
6.1 Belgium Mobile Money Market, By Transaction mode |
6.1.1 Overview and Analysis |
6.1.2 Belgium Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.3 Belgium Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F |
6.1.4 Belgium Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F |
6.2 Belgium Mobile Money Market, By Nature of Payment |
6.2.1 Overview and Analysis |
6.2.2 Belgium Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F |
6.2.3 Belgium Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F |
6.2.4 Belgium Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F |
6.2.5 Belgium Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3 Belgium Mobile Money Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F |
6.3.3 Belgium Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F |
6.3.4 Belgium Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F |
6.3.5 Belgium Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F |
6.3.6 Belgium Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F |
6.4 Belgium Mobile Money Market, By Type of Payments |
6.4.1 Overview and Analysis |
6.4.2 Belgium Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F |
6.4.3 Belgium Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F |
7 Belgium Mobile Money Market Import-Export Trade Statistics |
7.1 Belgium Mobile Money Market Export to Major Countries |
7.2 Belgium Mobile Money Market Imports from Major Countries |
8 Belgium Mobile Money Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Frequency of mobile money transactions |
8.3 Number of active mobile money users |
8.4 Growth rate in mobile money transaction volume |
8.5 Customer satisfaction and retention rates |
9 Belgium Mobile Money Market - Opportunity Assessment |
9.1 Belgium Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F |
9.2 Belgium Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F |
9.3 Belgium Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Belgium Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F |
10 Belgium Mobile Money Market - Competitive Landscape |
10.1 Belgium Mobile Money Market Revenue Share, By Companies, 2024 |
10.2 Belgium Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |