Product Code: ETC5154580 | 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 Estonia is expanding as consumers increasingly prefer digital wallets for making payments, storing loyalty cards, and managing financial transactions. Mobile wallets offer convenience and security, and their use is growing across retail, transportation, and other industries. With the rise of cashless payments and fintech adoption, the mobile wallet market in Estonia is set to grow.
The increasing adoption of digital payments and the convenience offered by mobile wallets are driving market growth in Estonia. With services like Google Pay and Apple Pay, mobile wallets are becoming a standard for secure transactions, facilitating both online and in-store purchases.
The mobile wallet market in Estonia faces challenges regarding security and user trust. Despite the growing adoption of digital payment methods, many consumers are still hesitant to fully embrace mobile wallets due to concerns over fraud and data breaches. The integration of mobile wallets with various payment systems and merchant platforms can also be technically challenging. Regulatory and compliance issues, particularly in relation to payment data protection and consumer rights, further complicate market growth. Additionally, competition from global payment players like Apple Pay and Google Pay can make it difficult for local mobile wallet solutions to differentiate themselves.
The Estonian government promotes mobile wallet solutions as part of its broader digital payment strategy. Policies encourage innovation in mobile payment technologies, ensuring they comply with security and data protection standards such as PSD2 (Payment Services Directive 2). The government works with financial institutions and technology companies to facilitate seamless, secure mobile transactions and digital payments across sectors.
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 Estonia Mobile Wallet Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Mobile Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Mobile Wallet Market - Industry Life Cycle |
3.4 Estonia Mobile Wallet Market - Porter's Five Forces |
3.5 Estonia Mobile Wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Estonia Mobile Wallet Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Estonia Mobile Wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Estonia Mobile Wallet Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Estonia Mobile Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Estonia Mobile Wallet Market Trends |
6 Estonia Mobile Wallet Market Segmentations |
6.1 Estonia Mobile Wallet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Estonia Mobile Wallet Market Revenues & Volume, By Proximity, 2021-2031F |
6.1.3 Estonia Mobile Wallet Market Revenues & Volume, By Remote, 2021-2031F |
6.2 Estonia Mobile Wallet Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Estonia Mobile Wallet Market Revenues & Volume, By Near Field Communication, 2021-2031F |
6.2.3 Estonia Mobile Wallet Market Revenues & Volume, By Qr Code, 2021-2031F |
6.2.4 Estonia Mobile Wallet Market Revenues & Volume, By Text Based/short Message Service, 2021-2031F |
6.2.5 Estonia Mobile Wallet Market Revenues & Volume, By Digital Only, 2021-2031F |
6.3 Estonia Mobile Wallet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Estonia Mobile Wallet Market Revenues & Volume, By Hospitality & Transportation, 2021-2031F |
6.3.3 Estonia Mobile Wallet Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.4 Estonia Mobile Wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Estonia Mobile Wallet Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Estonia Mobile Wallet Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.3.7 Estonia Mobile Wallet Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4 Estonia Mobile Wallet Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Estonia Mobile Wallet Market Revenues & Volume, By Personal, 2021-2031F |
6.4.3 Estonia Mobile Wallet Market Revenues & Volume, By Business, 2021-2031F |
7 Estonia Mobile Wallet Market Import-Export Trade Statistics |
7.1 Estonia Mobile Wallet Market Export to Major Countries |
7.2 Estonia Mobile Wallet Market Imports from Major Countries |
8 Estonia Mobile Wallet Market Key Performance Indicators |
9 Estonia Mobile Wallet Market - Opportunity Assessment |
9.1 Estonia Mobile Wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Estonia Mobile Wallet Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Estonia Mobile Wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Estonia Mobile Wallet Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Estonia Mobile Wallet Market - Competitive Landscape |
10.1 Estonia Mobile Wallet Market Revenue Share, By Companies, 2024 |
10.2 Estonia Mobile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |