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/ / / BUSINESS: Mobile Money African Industry To 2026 – Featuring MTN, M-Pesa And Airtel Money Among Others
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BUSINESS: Mobile Money African Industry To 2026 – Featuring MTN, M-Pesa And Airtel Money Among Others

By Daniel Webster, dWeb.News Publisher

Dublin, Sept. 15, 2021 (GLOBE NEWSWIRE) — The “Africa Mobile Money Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The Africa mobile money market reached a transaction value of US$ 365.4 Billion in 2020. Mobile money refers to a type of payment that is made with mobile phones. It’s based on accounts of a mobile operator, and can be accessed from subscribers’ smartphones. Mobile money allows for simple transactions between people rather than complicated banking transactions. Africa is the world’s largest mobile money market. Telecom operators are using innovative methods to allow customers to pay their bills and get loans and insurance.

Mobile Money offers financial services to those who are unable to access traditional financial institutions, especially women and the rural population. The growth of mobile money providers in emerging countries like Africa will help to increase mobile money transactions in the public and private sector. The high internet penetration rate will also increase mobile money transactions. Moreover, the ease of accessibility, 24/7 availability, security, lower transaction costs and user friendliness will accelerate the market growth in the forecast period in the region. Over half of adults in countries like Kenya and Uganda use digital financial services. Many small-scale entrepreneurs have found new opportunities and a career in the mobile banking industry. Mobile money services have revolutionized the way users pay and transfer money. Looking forward, the publisher expects the Africa mobile money market to grow at a CAGR of around 21% during 2021-2026.

Report Coverage:

Market Breakup by Technology:

  • USSD
  • Mobile Wallets
  • Others

Currently, USSD holds majority of the market share in the African mobile money market.

Market Breakup by Model:

  • Mobile Led Model
  • Bank Led Model

Currently, mobile led model holds the largest share in the African mobile money market.

Market Breakup by Transaction Type:

  • Peer to Peer
  • Bill Payments
  • Airtime Top-ups
  • Others

Currently, peer to peer transaction type holds the highest share in the market.

Market Breakup by Country:

  • Tanzania
  • Kenya
  • Uganda
  • Ghana
  • Others

Tanzania currently holds the largest market share.

Competitive Landscape:

The report has also examined the competitive landscape of the market and provides the profiles of the key players operating in the industry.

Some of the key players include:

  • MTN
  • Orange
  • M-Pesa
  • Tigo-Pesa
  • Airtel Money

Key Questions Answered in This Report:

  • How has the Africa mobile money market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Africa mobile money industry?
  • What is the breakup of the Africa mobile money market based on the technology?
  • What is the breakup of the Africa mobile money market based on the business model?
  • What is the breakup of the Africa mobile money market based on the transaction type?
  • What is the breakup of the Africa mobile money market based on the country?
  • What are the various stages in the value chain of the Africa mobile money market?
  • What are the key driving factors and challenges in Africa mobile money market?
  • What is the structure of the Africa mobile money market and who are the key players?
  • What is the degree of competition in the Africa mobile money market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Africa Mobile Money Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Technology
5.5 Market Breakup by Business Model
5.6 Market Breakup by Transaction Type
5.7 Market Breakup by Region
5.8 Market Breakup by Country
5.9 Market Forecast
5. 10 SWOT Analysis
5. 10.1 Overview
5. 10.2 Strengths
5. 10.3 Weaknesses
5. 10.4 Opportunities
5. 10.5 Threats
5. 11 Value Chain Analysis
5. 12 Porters Five Forces Analysis
5. 12.1 Overview
5. 12.2 Bargaining Power of Buyers
5. 12.3 Bargaining Power of Suppliers
5. 12.4 Degree of Competition
5. 12.5 Threat of New Entrants
5. 12.6 Threat of Substitutes

6 Market Breakup by Technology
6.1 USSD
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mobile Wallets
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast

7 Market Breakup by Business Model
7.1 Mobile Led Model
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Bank Led Model
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Transaction Type
8.1 Peer to Peer
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Bill Payments
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Airtime Top-ups
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast

9 Market Breakup by Country
9.1 Tanzania
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Kenya
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Uganda
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Ghana
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast

10 Regulatory Framework

11 Competitive Landscape
11.1 Market Structure
11.2 Key players
11.3 Profile of key players
11.3.1 MTN
11.3.2 Orange
11.3.3 M-Pesa
11.3.4 Tigo Pesa
11.3.5 Airtel Money

For more information about this report visit https://www.researchandmarkets.com/r/ph9ksr


For more dWeb.News Business News: https://dweb.news/news-sections/business-news/

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