The travel booking payments through mobile in Saudi Arabia is expected to record a CAGR of 22 percent to reach $698.8 million by 2025, a report by ResearchAndMarkets.com has said.
The mobile wallet payment in travel industry increased at a CAGR of 24.5 percent during 2018-2025, the report added.
This report provides a comprehensive view on travel booking through mobile payment/mobile wallet, covering market size and growth dynamics, retail spending, and consumer attitude and behavior in Saudi Arabia.
The report focuses on data-centric analysis to help companies understand business and investment opportunities along with risks.
Retail spend categories tracked include food and grocery, health & beauty, apparel and footwear, books/music/video, consumer electronics, pharmacy and wellness, restaurants & bars, toys, kids & babies, media and entertainment, and services.
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