Saudi mobile payment industry to reach $21 bln by 2025: report

18/08/2019 Argaam

 

The mobile payment industry in Saudi Arabia is expected to record a CAGR of 18.2 percent to reach $20.82 billion by 2025, according to a report by ResearchAndMarkets.com.

 

 The mobile wallet payment segment in value terms increased at a CAGR of 17.4 percent during 2018-2025, the report added.

 

The report provides a comprehensive view on mobile payment/mobile wallet market size and growth dynamics, industry dynamics, retail spending, consumer attitude and behaviour, and competitive landscape in Saudi Arabia.

 

The report focuses on data-centric analysis of mobile payment market dynamics to help companies understand business and investment opportunities along with risks.

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