Product Code: ETC5154596 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Mobile wallet solutions enable digital payments, transactions, and financial services via mobile devices, replacing physical wallets with digital equivalents for convenient and secure transactions.
The Israel mobile wallet market is experiencing growth driven by the increasing adoption of mobile payment solutions, contactless payments, and digital wallets for retail, transit, and peer-to-peer transactions. Mobile wallets store payment card information, loyalty cards, and digital currencies on mobile devices, enabling users to make secure and convenient transactions using NFC (near-field communication) or QR code technology. With the rise of smartphone penetration, fintech innovations, and regulatory support for cashless payments, there`s a growing demand for mobile wallet apps that offer ease of use, security, and interoperability with payment networks. Moreover, collaborations between banks, fintech startups, and mobile operators drive innovation and market expansion in Israel mobile wallet sector.
In the Israel mobile wallet market, challenges include building trust and adoption among consumers and merchants, addressing interoperability issues between different mobile wallet platforms and payment systems, and ensuring security and fraud prevention for mobile transactions. Additionally, navigating regulatory barriers and compliance requirements and overcoming consumer concerns about data privacy and security pose significant challenges for market players.
In the mobile payments ecosystem, Israel government policies aim to foster competition, innovation, and consumer protection in the mobile wallet market. Regulatory oversight focuses on transaction security, interoperability, and anti-money laundering measures to promote trust and confidence in digital payment solutions.
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 Israel Mobile Wallet Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Mobile Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Mobile Wallet Market - Industry Life Cycle |
3.4 Israel Mobile Wallet Market - Porter's Five Forces |
3.5 Israel Mobile Wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Israel Mobile Wallet Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Israel Mobile Wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Israel Mobile Wallet Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Israel Mobile Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration rates in Israel |
4.2.2 Growing adoption of mobile payment solutions |
4.2.3 Rising demand for convenient and secure payment methods |
4.3 Market Restraints |
4.3.1 Concerns regarding data security and privacy |
4.3.2 Limited merchant acceptance of mobile wallet payments |
5 Israel Mobile Wallet Market Trends |
6 Israel Mobile Wallet Market Segmentations |
6.1 Israel Mobile Wallet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Israel Mobile Wallet Market Revenues & Volume, By Proximity, 2021-2031F |
6.1.3 Israel Mobile Wallet Market Revenues & Volume, By Remote, 2021-2031F |
6.2 Israel Mobile Wallet Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Israel Mobile Wallet Market Revenues & Volume, By Near Field Communication, 2021-2031F |
6.2.3 Israel Mobile Wallet Market Revenues & Volume, By Qr Code, 2021-2031F |
6.2.4 Israel Mobile Wallet Market Revenues & Volume, By Text Based/short Message Service, 2021-2031F |
6.2.5 Israel Mobile Wallet Market Revenues & Volume, By Digital Only, 2021-2031F |
6.3 Israel Mobile Wallet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Israel Mobile Wallet Market Revenues & Volume, By Hospitality & Transportation, 2021-2031F |
6.3.3 Israel Mobile Wallet Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.4 Israel Mobile Wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Israel Mobile Wallet Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Israel Mobile Wallet Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.3.7 Israel Mobile Wallet Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4 Israel Mobile Wallet Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Israel Mobile Wallet Market Revenues & Volume, By Personal, 2021-2031F |
6.4.3 Israel Mobile Wallet Market Revenues & Volume, By Business, 2021-2031F |
7 Israel Mobile Wallet Market Import-Export Trade Statistics |
7.1 Israel Mobile Wallet Market Export to Major Countries |
7.2 Israel Mobile Wallet Market Imports from Major Countries |
8 Israel Mobile Wallet Market Key Performance Indicators |
8.1 Average transaction value |
8.2 Number of active users |
8.3 Frequency of mobile wallet usage |
8.4 Customer satisfaction ratings |
8.5 Rate of adoption of new mobile wallet features |
9 Israel Mobile Wallet Market - Opportunity Assessment |
9.1 Israel Mobile Wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Israel Mobile Wallet Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Israel Mobile Wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Israel Mobile Wallet Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Israel Mobile Wallet Market - Competitive Landscape |
10.1 Israel Mobile Wallet Market Revenue Share, By Companies, 2024 |
10.2 Israel Mobile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |