Product Code: ETC5154561 | 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 Burundi is growing as consumers and businesses increasingly adopt mobile payment solutions. Mobile wallets enable users to store and manage payment information, such as credit cards and digital currencies, on their mobile devices. The market is driven by the convenience and security offered by mobile wallets, as well as the growing preference for contactless payments. As digital payment adoption rises, the demand for mobile wallet solutions is expected to increase.
The mobile wallet market in Burundi is driven by the increasing adoption of digital payment methods and the growing use of mobile devices for financial transactions. As more consumers in Burundi turn to mobile wallets for convenience and security, there is a rising demand for mobile payment solutions that can support various financial activities, such as payments, transfers, and loyalty programs. The market is supported by the government`s efforts to promote financial inclusion and the increasing acceptance of mobile payments by merchants and consumers.
The Mobile Wallet market in Burundi is challenged by high transaction fees and limited access to mobile financial services in rural areas. There is also a lack of awareness and trust among potential users regarding mobile wallet solutions. Additionally, regulatory challenges and a need for improved infrastructure can impact the growth and adoption of mobile wallet services.
The Burundian governments efforts to promote financial inclusion and digital payment systems are significantly shaping the mobile wallet market. Policies supporting the expansion of mobile banking and payment services have led to rapid growth in the adoption of mobile wallets among the population.
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 Burundi Mobile Wallet Market Overview |
3.1 Burundi Country Macro Economic Indicators |
3.2 Burundi Mobile Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Burundi Mobile Wallet Market - Industry Life Cycle |
3.4 Burundi Mobile Wallet Market - Porter's Five Forces |
3.5 Burundi Mobile Wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Burundi Mobile Wallet Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Burundi Mobile Wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Burundi Mobile Wallet Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Burundi Mobile Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Burundi Mobile Wallet Market Trends |
6 Burundi Mobile Wallet Market Segmentations |
6.1 Burundi Mobile Wallet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Burundi Mobile Wallet Market Revenues & Volume, By Proximity, 2021-2031F |
6.1.3 Burundi Mobile Wallet Market Revenues & Volume, By Remote, 2021-2031F |
6.2 Burundi Mobile Wallet Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Burundi Mobile Wallet Market Revenues & Volume, By Near Field Communication, 2021-2031F |
6.2.3 Burundi Mobile Wallet Market Revenues & Volume, By Qr Code, 2021-2031F |
6.2.4 Burundi Mobile Wallet Market Revenues & Volume, By Text Based/short Message Service, 2021-2031F |
6.2.5 Burundi Mobile Wallet Market Revenues & Volume, By Digital Only, 2021-2031F |
6.3 Burundi Mobile Wallet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Burundi Mobile Wallet Market Revenues & Volume, By Hospitality & Transportation, 2021-2031F |
6.3.3 Burundi Mobile Wallet Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.4 Burundi Mobile Wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Burundi Mobile Wallet Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Burundi Mobile Wallet Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.3.7 Burundi Mobile Wallet Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4 Burundi Mobile Wallet Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Burundi Mobile Wallet Market Revenues & Volume, By Personal, 2021-2031F |
6.4.3 Burundi Mobile Wallet Market Revenues & Volume, By Business, 2021-2031F |
7 Burundi Mobile Wallet Market Import-Export Trade Statistics |
7.1 Burundi Mobile Wallet Market Export to Major Countries |
7.2 Burundi Mobile Wallet Market Imports from Major Countries |
8 Burundi Mobile Wallet Market Key Performance Indicators |
9 Burundi Mobile Wallet Market - Opportunity Assessment |
9.1 Burundi Mobile Wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Burundi Mobile Wallet Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Burundi Mobile Wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Burundi Mobile Wallet Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Burundi Mobile Wallet Market - Competitive Landscape |
10.1 Burundi Mobile Wallet Market Revenue Share, By Companies, 2024 |
10.2 Burundi Mobile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |