| Product Code: ETC5416443 | Publication Date: Nov 2023 | Updated Date: Oct 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 Comoros is expanding as mobile payment solutions gain popularity among consumers and businesses. Mobile money services offer a convenient and secure way to conduct financial transactions using mobile devices. The market growth is driven by the increasing penetration of mobile phones and the growing demand for digital payment solutions in the region.
The mobile money market in Comoros is driven by the increasing adoption of mobile payment solutions and the need for accessible and convenient financial services. Mobile money services provide users with a secure and easy way to conduct financial transactions using their mobile devices. The growing emphasis on financial inclusion and the need for cost-effective and accessible financial services are significant drivers for this market. Additionally, advancements in mobile money technologies that offer enhanced security, user experience, and integration capabilities are further propelling market growth.
The mobile money market in Comoros faces significant challenges due to the limited mobile network coverage and low levels of financial literacy among the population. Many potential users are unaware of the benefits of mobile money services, leading to slow adoption rates. Additionally, the high costs associated with mobile money transactions, such as fees and charges, can be prohibitive for low-income users. The market is also hindered by the lack of interoperability between different mobile money platforms, which limits the ability of users to transfer funds across different networks. Furthermore, the absence of a strong regulatory framework for mobile money services poses challenges for market development, as it can lead to issues related to security, fraud, and consumer protection.
To enhance financial inclusion, the Comoros government is promoting the mobile money market. Policies aim to support the development and adoption of mobile money services, encourage local innovation, and ensure that mobile money solutions meet global standards for security, accessibility, and regulatory compliance.
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 Comoros Mobile Money Market Overview |
3.1 Comoros Country Macro Economic Indicators |
3.2 Comoros Mobile Money Market Revenues & Volume, 2021 & 2031F |
3.3 Comoros Mobile Money Market - Industry Life Cycle |
3.4 Comoros Mobile Money Market - Porter's Five Forces |
3.5 Comoros Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F |
3.6 Comoros Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F |
3.7 Comoros Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Comoros Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F |
4 Comoros Mobile Money Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smartphones and internet connectivity in Comoros |
4.2.2 Government initiatives promoting financial inclusion and digital payments |
4.2.3 Growth in e-commerce and online transactions in Comoros |
4.3 Market Restraints |
4.3.1 Limited financial literacy and awareness about mobile money services |
4.3.2 Concerns about cybersecurity and data privacy |
4.3.3 Lack of interoperability between different mobile money platforms |
5 Comoros Mobile Money Market Trends |
6 Comoros Mobile Money Market Segmentations |
6.1 Comoros Mobile Money Market, By Transaction mode |
6.1.1 Overview and Analysis |
6.1.2 Comoros Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.3 Comoros Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F |
6.1.4 Comoros Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F |
6.2 Comoros Mobile Money Market, By Nature of Payment |
6.2.1 Overview and Analysis |
6.2.2 Comoros Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F |
6.2.3 Comoros Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F |
6.2.4 Comoros Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F |
6.2.5 Comoros Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3 Comoros Mobile Money Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Comoros Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F |
6.3.3 Comoros Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F |
6.3.4 Comoros Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F |
6.3.5 Comoros Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F |
6.3.6 Comoros Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F |
6.4 Comoros Mobile Money Market, By Type of Payments |
6.4.1 Overview and Analysis |
6.4.2 Comoros Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F |
6.4.3 Comoros Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F |
7 Comoros Mobile Money Market Import-Export Trade Statistics |
7.1 Comoros Mobile Money Market Export to Major Countries |
7.2 Comoros Mobile Money Market Imports from Major Countries |
8 Comoros Mobile Money Market Key Performance Indicators |
8.1 Number of active mobile money users in Comoros |
8.2 Average transaction value per mobile money user |
8.3 Percentage of population with access to mobile money services |
8.4 Number of merchant partnerships for mobile money payments |
8.5 Growth in the number of mobile money transactions per month |
9 Comoros Mobile Money Market - Opportunity Assessment |
9.1 Comoros Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F |
9.2 Comoros Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F |
9.3 Comoros Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Comoros Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F |
10 Comoros Mobile Money Market - Competitive Landscape |
10.1 Comoros Mobile Money Market Revenue Share, By Companies, 2024 |
10.2 Comoros Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |