Product Code: ETC278481 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Mobile Wallet market in China is experiencing rapid growth due to the increasing popularity of mobile payments and digital transactions. Mobile wallets allow users to store and manage their payment information on their mobile devices, making transactions more convenient and secure. The market is characterized by the rise of digital payment platforms and the growing adoption of mobile wallets among consumers. Chinese businesses and financial institutions are investing in mobile wallet technologies to meet the demand for seamless and efficient payment solutions.
The Mobile Wallet market in China is expanding due to the increasing adoption of digital payment solutions and the demand for convenient and secure payment methods. Mobile wallets enable users to store and manage payment information on their mobile devices, facilitating transactions and financial management. The market growth is driven by advancements in mobile payment technologies, rising smartphone usage, and the growing popularity of contactless payments.
The China Mobile Wallet Market faces intense competition from both domestic and international providers, which makes differentiation and user retention critical challenges. Security concerns, particularly around the protection of user data and the prevention of fraud, are also significant. Additionally, the market must navigate regulatory requirements around financial transactions and data protection, which can add complexity and increase costs.
The mobile wallet market in China is guided by government regulations focused on digital payments and financial technology. The government establishes standards for the security and performance of mobile wallet solutions to ensure they meet regulatory requirements. Policies support the development and adoption of advanced mobile payment technologies through funding and research incentives. The government also addresses concerns related to financial security and promotes sustainable practices in digital 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 China Mobile Wallet Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Mobile Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 China Mobile Wallet Market - Industry Life Cycle |
3.4 China Mobile Wallet Market - Porter's Five Forces |
3.5 China Mobile Wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Mobile Wallet Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 China Mobile Wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 China Mobile Wallet Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 China Mobile Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in China |
4.2.2 Growing adoption of mobile payment solutions by consumers |
4.2.3 Government initiatives to promote cashless transactions in China |
4.3 Market Restraints |
4.3.1 Security concerns related to mobile wallet transactions |
4.3.2 Lack of standardized regulations in the mobile payment industry in China |
5 China Mobile Wallet Market Trends |
6 China Mobile Wallet Market, By Types |
6.1 China Mobile Wallet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Mobile Wallet Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 China Mobile Wallet Market Revenues & Volume, By Proximity, 2021-2031F |
6.1.4 China Mobile Wallet Market Revenues & Volume, By Remote, 2021-2031F |
6.2 China Mobile Wallet Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 China Mobile Wallet Market Revenues & Volume, By Near Field Communication, 2021-2031F |
6.2.3 China Mobile Wallet Market Revenues & Volume, By Qr Code, 2021-2031F |
6.2.4 China Mobile Wallet Market Revenues & Volume, By Text Based/short Message Service, 2021-2031F |
6.2.5 China Mobile Wallet Market Revenues & Volume, By Digital Only, 2021-2031F |
6.3 China Mobile Wallet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 China Mobile Wallet Market Revenues & Volume, By Hospitality & Transportation, 2021-2031F |
6.3.3 China Mobile Wallet Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.4 China Mobile Wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 China Mobile Wallet Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 China Mobile Wallet Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.3.7 China Mobile Wallet Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4 China Mobile Wallet Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 China Mobile Wallet Market Revenues & Volume, By Personal, 2021-2031F |
6.4.3 China Mobile Wallet Market Revenues & Volume, By Business, 2021-2031F |
7 China Mobile Wallet Market Import-Export Trade Statistics |
7.1 China Mobile Wallet Market Export to Major Countries |
7.2 China Mobile Wallet Market Imports from Major Countries |
8 China Mobile Wallet Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Number of active mobile wallet users |
8.3 Frequency of mobile wallet usage per user |
8.4 Percentage of transactions conducted through mobile wallets |
8.5 Customer satisfaction with mobile wallet services |
9 China Mobile Wallet Market - Opportunity Assessment |
9.1 China Mobile Wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Mobile Wallet Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 China Mobile Wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 China Mobile Wallet Market Opportunity Assessment, By End User, 2021 & 2031F |
10 China Mobile Wallet Market - Competitive Landscape |
10.1 China Mobile Wallet Market Revenue Share, By Companies, 2024 |
10.2 China Mobile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |