Product Code: ETC5154554 | 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 Bhutan is experiencing growth, driven by the increasing penetration of smartphones and the demand for convenient, cashless payment solutions. As the government and financial institutions promote digital transactions, the adoption of mobile wallets is expected to rise.
The mobile wallet market in Bhutan is driven by the increasing use of smartphones for digital payments, including in-store purchases, online transactions, and peer-to-peer money transfers. Mobile wallets provide a convenient and secure way for users to manage their finances and make payments on the go. The government`s initiatives to promote cashless transactions and financial inclusion are significant drivers of the market. Additionally, the rising adoption of e-commerce and the growing popularity of contactless payment methods are further contributing to the demand for mobile wallet services in Bhutan.
The Bhutan Mobile Wallet Market is challenged by security concerns and adoption barriers. Ensuring the security of mobile wallet transactions while overcoming consumer hesitancy towards adopting digital payment methods is key to market expansion.
The Bhutanese government actively promotes the mobile wallet market to enhance financial inclusion and improve access to digital payment services. Policies include providing financial incentives for mobile wallet service providers and encouraging partnerships between telecom operators and financial institutions. The government invests in digital infrastructure to support secure and reliable mobile wallet transactions across the country. Regulatory frameworks ensure that mobile wallet services comply with national financial regulations and international best practices. Public awareness campaigns are conducted to educate citizens about the benefits and safe use of 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 Bhutan Mobile Wallet Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Mobile Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Mobile Wallet Market - Industry Life Cycle |
3.4 Bhutan Mobile Wallet Market - Porter's Five Forces |
3.5 Bhutan Mobile Wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bhutan Mobile Wallet Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bhutan Mobile Wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Bhutan Mobile Wallet Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Bhutan Mobile Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bhutan Mobile Wallet Market Trends |
6 Bhutan Mobile Wallet Market Segmentations |
6.1 Bhutan Mobile Wallet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Mobile Wallet Market Revenues & Volume, By Proximity, 2021-2031F |
6.1.3 Bhutan Mobile Wallet Market Revenues & Volume, By Remote, 2021-2031F |
6.2 Bhutan Mobile Wallet Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Mobile Wallet Market Revenues & Volume, By Near Field Communication, 2021-2031F |
6.2.3 Bhutan Mobile Wallet Market Revenues & Volume, By Qr Code, 2021-2031F |
6.2.4 Bhutan Mobile Wallet Market Revenues & Volume, By Text Based/short Message Service, 2021-2031F |
6.2.5 Bhutan Mobile Wallet Market Revenues & Volume, By Digital Only, 2021-2031F |
6.3 Bhutan Mobile Wallet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Mobile Wallet Market Revenues & Volume, By Hospitality & Transportation, 2021-2031F |
6.3.3 Bhutan Mobile Wallet Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.4 Bhutan Mobile Wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Bhutan Mobile Wallet Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Bhutan Mobile Wallet Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.3.7 Bhutan Mobile Wallet Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4 Bhutan Mobile Wallet Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Mobile Wallet Market Revenues & Volume, By Personal, 2021-2031F |
6.4.3 Bhutan Mobile Wallet Market Revenues & Volume, By Business, 2021-2031F |
7 Bhutan Mobile Wallet Market Import-Export Trade Statistics |
7.1 Bhutan Mobile Wallet Market Export to Major Countries |
7.2 Bhutan Mobile Wallet Market Imports from Major Countries |
8 Bhutan Mobile Wallet Market Key Performance Indicators |
9 Bhutan Mobile Wallet Market - Opportunity Assessment |
9.1 Bhutan Mobile Wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bhutan Mobile Wallet Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bhutan Mobile Wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Bhutan Mobile Wallet Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Bhutan Mobile Wallet Market - Competitive Landscape |
10.1 Bhutan Mobile Wallet Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Mobile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |