Product Code: ETC277339 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The e-wallet market in Hungary is experiencing rapid growth propelled by the digitalization of payment transactions and the adoption of mobile payment solutions among consumers and businesses. E-wallets, also known as digital wallets or mobile wallets, allow users to store, manage, and transact funds electronically using smartphones, tablets, or other digital devices. With features such as contactless payments, peer-to-peer transfers, and loyalty rewards, e-wallets offer convenience, security, and flexibility for everyday purchases and financial management in the Hungary market.
The Hungary e-wallet market is driven by the increasing penetration of smartphones, internet connectivity, and digital payment solutions, as well as changing consumer preferences for convenient and secure payment methods. E-wallets offer users a convenient way to store payment information, make online purchases, and conduct peer-to-peer transactions, thereby reducing the reliance on cash and traditional banking services. Moreover, the adoption of contactless payment technology and regulatory initiatives promoting financial inclusion further stimulate market growth by expanding the user base and enhancing the functionality of e-wallet platforms.
Building trust and security in e-wallet solutions poses challenges for providers. Additionally, addressing interoperability issues and regulatory compliance requirements adds complexity to the market.
Hungary government recognizes the importance of digital payment solutions in fostering financial inclusion and driving economic growth. Policies are aimed at creating a conducive regulatory environment for the development of e-wallet services, including measures to ensure security, data privacy, and interoperability. The government also encourages collaboration between financial institutions, technology companies, and regulatory bodies to promote innovation and consumer trust in e-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 Hungary E-wallet Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary E-wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary E-wallet Market - Industry Life Cycle |
3.4 Hungary E-wallet Market - Porter's Five Forces |
3.5 Hungary E-wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Hungary E-wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Hungary E-wallet Market Revenues & Volume Share, By Mode, 2021 & 2031F |
4 Hungary E-wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in Hungary |
4.2.2 Growing adoption of digital payment methods |
4.2.3 Supportive government regulations promoting cashless transactions |
4.3 Market Restraints |
4.3.1 Concerns over data security and privacy |
4.3.2 Limited merchant acceptance of e-wallets in Hungary |
4.3.3 Lack of awareness and trust in e-wallet services among consumers |
5 Hungary E-wallet Market Trends |
6 Hungary E-wallet Market, By Types |
6.1 Hungary E-wallet Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Hungary E-wallet Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Hungary E-wallet Market Revenues & Volume, By Restaurants, 2021-2031F |
6.1.4 Hungary E-wallet Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.5 Hungary E-wallet Market Revenues & Volume, By Banking, 2021-2031F |
6.1.6 Hungary E-wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.2 Hungary E-wallet Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary E-wallet Market Revenues & Volume, By Closed E Wallets, 2021-2031F |
6.2.3 Hungary E-wallet Market Revenues & Volume, By Semi Closed E Wallets, 2021-2031F |
6.2.4 Hungary E-wallet Market Revenues & Volume, By Open E Wallets, 2021-2031F |
6.2.6 Hungary E-wallet Market Revenues & Volume, By Mode, 2021-2031F |
6.2.7 Hungary E-wallet Market Revenues & Volume, By Online, 2021-2031F |
6.3 Hungary E-wallet Market, By Mode |
6.3.1 Overview and Analysis |
6.3.2 Hungary E-wallet Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Hungary E-wallet Market Revenues & Volume, By M Wallet, 2021-2031F |
7 Hungary E-wallet Market Import-Export Trade Statistics |
7.1 Hungary E-wallet Market Export to Major Countries |
7.2 Hungary E-wallet Market Imports from Major Countries |
8 Hungary E-wallet Market Key Performance Indicators |
8.1 Number of active e-wallet users in Hungary |
8.2 Frequency of e-wallet transactions per user |
8.3 Average transaction value through e-wallets |
9 Hungary E-wallet Market - Opportunity Assessment |
9.1 Hungary E-wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Hungary E-wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Hungary E-wallet Market Opportunity Assessment, By Mode, 2021 & 2031F |
10 Hungary E-wallet Market - Competitive Landscape |
10.1 Hungary E-wallet Market Revenue Share, By Companies, 2024 |
10.2 Hungary E-wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |