Product Code: ETC5152129 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The e-wallet market in Sweden is expanding as more consumers adopt digital payment solutions for their convenience and security. Sweden progressive shift towards a cashless society has bolstered the growth of e-wallets, with consumers favoring mobile payments for both online and in-store transactions. The increasing integration of loyalty programs, secure encryption technologies, and ease of use are further driving this market.
The Sweden e-wallet market is witnessing growth due to the country transition to a cashless society and the widespread adoption of digital payment systems. The increasing penetration of smartphones, coupled with the convenience and security offered by e-wallets, is driving consumer usage. Support from financial institutions and e-commerce platforms also promotes the adoption of e-wallet services.
In Sweden, the e-wallet market encounters challenges related to cybersecurity threats, which can undermine consumer trust and hinder adoption rates. As fraud and data breaches become more prevalent, users may be hesitant to adopt digital payment solutions. Regulatory challenges also exist, as compliance with financial regulations can be complex and costly for providers. Furthermore, competition from traditional banking systems and other fintech solutions can stifle growth, forcing e-wallet providers to continuously innovate and offer superior services.
In Sweden, the e-wallet market is thriving due to government policies that promote digital payment solutions and financial technology innovation. The government has taken steps to enhance the security of online transactions, fostering consumer confidence in digital wallets. Additionally, Swedens ambition to become a cashless society supports the widespread adoption of e-wallets among consumers and businesses alike. Regulatory frameworks encourage competition and innovation in the fintech sector, contributing to the growth of diverse e-wallet solutions catering to different market needs.
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 Sweden E-wallet Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden E-wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden E-wallet Market - Industry Life Cycle |
3.4 Sweden E-wallet Market - Porter's Five Forces |
3.5 Sweden E-wallet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Sweden E-wallet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Sweden E-wallet Market Revenues & Volume Share, By Mode, 2021 & 2031F |
4 Sweden E-wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment solutions in Sweden |
4.2.2 Growing smartphone penetration and internet usage |
4.2.3 Government initiatives promoting cashless transactions |
4.3 Market Restraints |
4.3.1 Concerns over data security and privacy |
4.3.2 Lack of awareness and trust in e-wallets |
4.3.3 Regulatory challenges and compliance requirements |
5 Sweden E-wallet Market Trends |
6 Sweden E-wallet Market Segmentations |
6.1 Sweden E-wallet Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Sweden E-wallet Market Revenues & Volume, By Restaurants, 2021-2031F |
6.1.3 Sweden E-wallet Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.4 Sweden E-wallet Market Revenues & Volume, By Banking, 2021-2031F |
6.1.5 Sweden E-wallet Market Revenues & Volume, By Retail, 2021-2031F |
6.2 Sweden E-wallet Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Sweden E-wallet Market Revenues & Volume, By Closed E Wallets, 2021-2031F |
6.2.3 Sweden E-wallet Market Revenues & Volume, By Semi Closed E Wallets, 2021-2031F |
6.2.4 Sweden E-wallet Market Revenues & Volume, By Open E Wallets, 2021-2031F |
6.2.6 Sweden E-wallet Market Revenues & Volume, By Mode, 2021-2031F |
6.2.7 Sweden E-wallet Market Revenues & Volume, By Online, 2021-2031F |
6.3 Sweden E-wallet Market, By Mode |
6.3.1 Overview and Analysis |
6.3.2 Sweden E-wallet Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Sweden E-wallet Market Revenues & Volume, By M Wallet, 2021-2031F |
7 Sweden E-wallet Market Import-Export Trade Statistics |
7.1 Sweden E-wallet Market Export to Major Countries |
7.2 Sweden E-wallet Market Imports from Major Countries |
8 Sweden E-wallet Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Frequency of e-wallet usage per month |
8.3 Number of merchants accepting e-wallet payments |
8.4 Customer satisfaction and retention rates |
8.5 Rate of customer referrals and word-of-mouth recommendations |
9 Sweden E-wallet Market - Opportunity Assessment |
9.1 Sweden E-wallet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Sweden E-wallet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Sweden E-wallet Market Opportunity Assessment, By Mode, 2021 & 2031F |
10 Sweden E-wallet Market - Competitive Landscape |
10.1 Sweden E-wallet Market Revenue Share, By Companies, 2024 |
10.2 Sweden E-wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |