North Korea Mobile Money Market (2025-2031) | Trends, Analysis, Growth, Share, Industry, Forecast, Outlook, Revenue, Companies, Value, Size & Segmentation

Market Forecast By Transaction mode (Point of Sale (PoS), Mobile Apps, QR codes), By Nature of Payment (Person to Person (P2P), Person to Business (P2B), Business to Person (B2P), Business to Business (B2B)), By Application (Money transfers, Bill Payments, Airtime Transfer and Top-Ups, Travel and Ticketing, Merchandise and Coupons), By Type of Payments (Remote Payments, Proximity Payments) And Competitive Landscape
Product Code: ETC5416506 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

North Korea Mobile Money Market Overview

The North Korea mobile money market is gaining traction with the adoption of digital payment solutions and mobile banking services. Mobile money platforms are enabling financial inclusion by providing access to banking services through mobile devices. Local financial institutions are collaborating with mobile operators to offer secure and convenient mobile payment solutions, driving the transition towards a cashless economy and promoting financial literacy among the population.

Drivers of the market

In North Korea, the mobile money market is driven by the government`s initiatives to promote digital payments and financial inclusion. The increasing penetration of smartphones and mobile internet services is facilitating the adoption of mobile money solutions among businesses and consumers.

Challenges of the market

The North Korea mobile money market is hindered by government regulations on financial transactions and limited internet connectivity. Strict controls on currency exchange and restrictions on mobile banking services limit the adoption of mobile money solutions. Additionally, the lack of digital financial literacy and the absence of a competitive banking sector further impede the growth of mobile money services in the country.

Government Policy of the market

In North Korea, the mobile money market is strictly regulated by the government to ensure that all financial transactions are controlled and monitored by state authorities. Only state-approved mobile payment systems are permitted, with strict limits on transactions and monitoring of financial activities to prevent unauthorized transactions.

Key Highlights of the Report:

  • North Korea Mobile Money Market Outlook
  • Market Size of North Korea Mobile Money Market, 2024
  • Forecast of North Korea Mobile Money Market, 2031
  • Historical Data and Forecast of North Korea Mobile Money Revenues & Volume for the Period 2021-2031
  • North Korea Mobile Money Market Trend Evolution
  • North Korea Mobile Money Market Drivers and Challenges
  • North Korea Mobile Money Price Trends
  • North Korea Mobile Money Porter`s Five Forces
  • North Korea Mobile Money Industry Life Cycle
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Transaction mode for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Point of Sale (PoS) for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Mobile Apps for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By QR codes for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Nature of Payment for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Person to Person (P2P) for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Person to Business (P2B) for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Business to Person (B2P) for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Business to Business (B2B) for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Money transfers for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Bill Payments for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Airtime Transfer and Top-Ups for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Travel and Ticketing for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Merchandise and Coupons for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Type of Payments for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Remote Payments for the Period 2021-2031
  • Historical Data and Forecast of North Korea Mobile Money Market Revenues & Volume By Proximity Payments for the Period 2021-2031
  • North Korea Mobile Money Import Export Trade Statistics
  • Market Opportunity Assessment By Transaction mode
  • Market Opportunity Assessment By Nature of Payment
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Type of Payments
  • North Korea Mobile Money Top Companies Market Share
  • North Korea Mobile Money Competitive Benchmarking By Technical and Operational Parameters
  • North Korea Mobile Money Company Profiles
  • North Korea Mobile Money Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 North Korea Mobile Money Market Overview

3.1 North Korea Country Macro Economic Indicators

3.2 North Korea Mobile Money Market Revenues & Volume, 2021 & 2031F

3.3 North Korea Mobile Money Market - Industry Life Cycle

3.4 North Korea Mobile Money Market - Porter's Five Forces

3.5 North Korea Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F

3.6 North Korea Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F

3.7 North Korea Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 North Korea Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F

4 North Korea Mobile Money Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 North Korea Mobile Money Market Trends

6 North Korea Mobile Money Market Segmentations

6.1 North Korea Mobile Money Market, By Transaction mode

6.1.1 Overview and Analysis

6.1.2 North Korea Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F

6.1.3 North Korea Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F

6.1.4 North Korea Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F

6.2 North Korea Mobile Money Market, By Nature of Payment

6.2.1 Overview and Analysis

6.2.2 North Korea Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F

6.2.3 North Korea Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F

6.2.4 North Korea Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F

6.2.5 North Korea Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F

6.3 North Korea Mobile Money Market, By Application

6.3.1 Overview and Analysis

6.3.2 North Korea Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F

6.3.3 North Korea Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F

6.3.4 North Korea Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F

6.3.5 North Korea Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F

6.3.6 North Korea Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F

6.4 North Korea Mobile Money Market, By Type of Payments

6.4.1 Overview and Analysis

6.4.2 North Korea Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F

6.4.3 North Korea Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F

7 North Korea Mobile Money Market Import-Export Trade Statistics

7.1 North Korea Mobile Money Market Export to Major Countries

7.2 North Korea Mobile Money Market Imports from Major Countries

8 North Korea Mobile Money Market Key Performance Indicators

9 North Korea Mobile Money Market - Opportunity Assessment

9.1 North Korea Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F

9.2 North Korea Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F

9.3 North Korea Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 North Korea Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F

10 North Korea Mobile Money Market - Competitive Landscape

10.1 North Korea Mobile Money Market Revenue Share, By Companies, 2024

10.2 North Korea Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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