| Product Code: ETC5416533 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The mobile money market in Sweden is on the rise, driven by the increasing acceptance of mobile payment solutions and digital wallets. Consumers are increasingly using mobile devices for financial transactions, leading to a surge in demand for secure and convenient mobile money services. The growth of e-commerce and the need for contactless payment options are further propelling the mobile money market in Sweden.
The mobile money market in Sweden is driven by the increasing demand for convenient and secure digital payment solutions. The rise in smartphone penetration and the focus on cashless transactions are propelling market growth, as businesses seek innovative mobile money platforms that enhance financial inclusion. Additionally, the growing emphasis on consumer convenience and transaction speed influences market dynamics, as companies require advanced mobile money solutions that cater to their customers` needs. The advancement of mobile payment technologies and regulatory support further supports the demand for mobile money.
The mobile money market is challenged by regulatory compliance issues, particularly concerning anti-money laundering (AML) and know your customer (KYC) requirements. These regulations can complicate the implementation of mobile money solutions, particularly for startups. Furthermore, building consumer trust in mobile payment systems remains a significant hurdle, as users may be hesitant to adopt new technologies without assurance of security.
In Sweden, the mobile money market is influenced by government policies that promote financial inclusion and digital payment solutions. The Swedish government supports initiatives aimed at enhancing the security and accessibility of mobile payment systems. Regulatory frameworks ensure that mobile money services comply with financial regulations, promoting consumer trust. Furthermore, government funding for research initiatives drives innovation in mobile payment technologies, encouraging collaboration between fintech companies and traditional financial institutions.
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 Mobile Money Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Mobile Money Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Mobile Money Market - Industry Life Cycle |
3.4 Sweden Mobile Money Market - Porter's Five Forces |
3.5 Sweden Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F |
3.6 Sweden Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F |
3.7 Sweden Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Sweden Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F |
4 Sweden Mobile Money Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration rate in Sweden |
4.2.2 Growing adoption of digital payments and cashless transactions |
4.2.3 Government initiatives promoting financial inclusion and mobile money services |
4.3 Market Restraints |
4.3.1 Concerns regarding data security and privacy issues |
4.3.2 Limited merchant acceptance of mobile money payments |
4.3.3 Competition from established banking institutions offering mobile banking services |
5 Sweden Mobile Money Market Trends |
6 Sweden Mobile Money Market Segmentations |
6.1 Sweden Mobile Money Market, By Transaction mode |
6.1.1 Overview and Analysis |
6.1.2 Sweden Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.3 Sweden Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F |
6.1.4 Sweden Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F |
6.2 Sweden Mobile Money Market, By Nature of Payment |
6.2.1 Overview and Analysis |
6.2.2 Sweden Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F |
6.2.3 Sweden Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F |
6.2.4 Sweden Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F |
6.2.5 Sweden Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3 Sweden Mobile Money Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sweden Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F |
6.3.3 Sweden Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F |
6.3.4 Sweden Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F |
6.3.5 Sweden Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F |
6.3.6 Sweden Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F |
6.4 Sweden Mobile Money Market, By Type of Payments |
6.4.1 Overview and Analysis |
6.4.2 Sweden Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F |
6.4.3 Sweden Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F |
7 Sweden Mobile Money Market Import-Export Trade Statistics |
7.1 Sweden Mobile Money Market Export to Major Countries |
7.2 Sweden Mobile Money Market Imports from Major Countries |
8 Sweden Mobile Money Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Number of active mobile money users |
8.3 Frequency of mobile money transactions per user |
9 Sweden Mobile Money Market - Opportunity Assessment |
9.1 Sweden Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F |
9.2 Sweden Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F |
9.3 Sweden Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Sweden Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F |
10 Sweden Mobile Money Market - Competitive Landscape |
10.1 Sweden Mobile Money Market Revenue Share, By Companies, 2024 |
10.2 Sweden Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |