| Product Code: ETC278479 | 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 mobile wallet market in Hungary has witnessed significant growth in recent years, driven by the increasing adoption of smartphones and the growing preference for cashless transactions. With the proliferation of mobile internet and the rise of e-commerce, consumers are increasingly embracing mobile wallets as a convenient and secure payment solution. Major players in the market are investing in technological advancements to enhance security features and improve user experience, further fueling market growth.
The Hungary mobile wallet market is being primarily driven by the increasing penetration of smartphones and the growing preference for cashless transactions among consumers. With the advancement of technology and the rise of digital payment solutions, mobile wallets offer convenience and security, driving their adoption among a tech-savvy population.
The Hungary Mobile Wallet market faces challenges in terms of consumer adoption and trust. Despite the convenience it offers, there are concerns regarding security and privacy, which hinder widespread adoption. Moreover, interoperability issues between different mobile wallet platforms pose a challenge for seamless transactions.
The Hungary government has been actively promoting the adoption of mobile wallets as part of its digitalization efforts. In recent years, various policies have been implemented to facilitate the growth of the mobile wallet market. These include initiatives to enhance digital payment infrastructure, promote interoperability among different payment systems, and ensure consumer protection and data security. Additionally, the government has collaborated with industry stakeholders to create awareness about the benefits of mobile wallets and to address any regulatory barriers hindering their widespread adoption.
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 Mobile Wallet Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Mobile Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Mobile Wallet Market - Industry Life Cycle |
3.4 Hungary Mobile Wallet Market - Porter's Five Forces |
3.5 Hungary Mobile Wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Mobile Wallet Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Hungary Mobile Wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Hungary Mobile Wallet Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Hungary Mobile 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 among consumers |
4.2.3 Government initiatives to promote cashless transactions |
4.3 Market Restraints |
4.3.1 Concerns over data security and privacy |
4.3.2 Limited merchant acceptance of mobile wallets |
4.3.3 Lack of awareness and trust in mobile wallet technology |
5 Hungary Mobile Wallet Market Trends |
6 Hungary Mobile Wallet Market, By Types |
6.1 Hungary Mobile Wallet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Mobile Wallet Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Hungary Mobile Wallet Market Revenues & Volume, By Proximity, 2021-2031F |
6.1.4 Hungary Mobile Wallet Market Revenues & Volume, By Remote, 2021-2031F |
6.2 Hungary Mobile Wallet Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Hungary Mobile Wallet Market Revenues & Volume, By Near Field Communication, 2021-2031F |
6.2.3 Hungary Mobile Wallet Market Revenues & Volume, By Qr Code, 2021-2031F |
6.2.4 Hungary Mobile Wallet Market Revenues & Volume, By Text Based/short Message Service, 2021-2031F |
6.2.5 Hungary Mobile Wallet Market Revenues & Volume, By Digital Only, 2021-2031F |
6.3 Hungary Mobile Wallet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hungary Mobile Wallet Market Revenues & Volume, By Hospitality & Transportation, 2021-2031F |
6.3.3 Hungary Mobile Wallet Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.4 Hungary Mobile Wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Hungary Mobile Wallet Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Hungary Mobile Wallet Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.3.7 Hungary Mobile Wallet Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4 Hungary Mobile Wallet Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Hungary Mobile Wallet Market Revenues & Volume, By Personal, 2021-2031F |
6.4.3 Hungary Mobile Wallet Market Revenues & Volume, By Business, 2021-2031F |
7 Hungary Mobile Wallet Market Import-Export Trade Statistics |
7.1 Hungary Mobile Wallet Market Export to Major Countries |
7.2 Hungary Mobile Wallet Market Imports from Major Countries |
8 Hungary Mobile Wallet Market Key Performance Indicators |
8.1 Number of active mobile wallet users in Hungary |
8.2 Average transaction value through mobile wallets |
8.3 Growth in the number of merchants accepting mobile wallet payments |
8.4 Frequency of mobile wallet usage by consumers |
8.5 Rate of adoption of new mobile wallet features and technologies |
9 Hungary Mobile Wallet Market - Opportunity Assessment |
9.1 Hungary Mobile Wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Mobile Wallet Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Hungary Mobile Wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Hungary Mobile Wallet Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Hungary Mobile Wallet Market - Competitive Landscape |
10.1 Hungary Mobile Wallet Market Revenue Share, By Companies, 2024 |
10.2 Hungary Mobile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |