Global M-Commerce Payments Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Payment Mode;

Peer-To-Peer Transfer, Near Field Communication, and Barcode

By Transaction Type;

M-Retailing, M-Ticketing, M-Billing, and Others

By Technology;

Bluetooth Low Energy (BLE), Wi-Fi, Cellular Network, and Others

By End-Use Industry;

Retail, Hospitality & Tourism , IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn103457314 Published Date: May, 2025 Updated Date: July, 2025

M-Commerce Payments Market Overview

M-Commerce Payments Market (USD Million)

M-Commerce Payments Market was valued at USD 13,566,650.24 million in the year 2024. The size of this market is expected to increase to USD 39,752,320.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.6%.


Global M-Commerce Payments Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 16.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)16.6 %
Market Size (2024)USD 13,566,650.24 Million
Market Size (2031)USD 39,752,320.18 Million
Market ConcentrationLow
Report Pages367
13,566,650.24
2024
39,752,320.18
2031

Major Players

  • PayPal Holdings, Inc.
  • Alibaba Group Holding Limited
  • Tencent Holdings Limited
  • Visa Inc.
  • Mastercard Incorporated

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global M-Commerce Payments Market

Fragmented - Highly competitive market without dominant players


The M-Commerce Payments Market is evolving rapidly as over 63% of digital purchases are now completed through mobile wallets and in-app payment solutions. This mobile-first shift is reshaping retail experiences and driving strong growth. As merchants prioritize smoother checkout flows and recurring billing, the market sees increasing opportunities for payment providers offering fast, secure, and seamless mobile payment experiences. Key strategies include simplified onboarding, intuitive UI, and mobile-optimized transaction architecture.

Advanced Technologies Build Trust in Mobile Transactions
More than 68% of mobile commerce platforms now incorporate technological advancements like biometric security, tokenization, and real-time fraud analytics. These features help improve user trust while reducing transaction risks. Ongoing innovation in tap-to-pay, dynamic QR codes, and encrypted APIs is enabling the expansion of mobile payments across both digital storefronts and physical environments.

Collaborative Networks Drive Seamless Payment Integration
About 60% of providers are building partnerships, forming collaborations, or executing mergers with fintech platforms, banks, and mobile wallet services. These efforts enable comprehensive strategies that merge loyalty programs, micro-payments, and one-click checkout into one streamlined experience. Such alliances are supporting sustained growth and delivering user-centric payment solutions at scale.

Future Outlook Highlights Personalized, Predictive Wallets
The future outlook for the M-Commerce Payments Market centers on AI-powered personalization, multi-modal payments, and contextual transaction routing. More than 66% of mobile users now prefer payment platforms that learn from their behavior, suggest optimal offers, and operate seamlessly across devices. This demand is driving transformative innovation and shaping strategic paths toward long-term growth and mobile commerce expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Payment Mode
    2. Market Snapshot, By Transaction Type
    3. Market Snapshot, By Technology
    4. Market Snapshot, By End-Use Industry
    5. Market Snapshot, By Region
  4. M-Commerce Payments Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Smartphone Penetration
        2. Rising Consumer Demand for Convenience
        3. Advancements in Mobile Technology
        4. Growing Adoption of Digital Wallets
      2. Restraints
        1. Security Concerns
        2. Lack of Infrastructure in Emerging Markets
        3. Regulatory Challenges
        4. Fragmentation of Mobile Payment Ecosystem
        5. Limited Internet Connectivity in Rural Areas
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Integration with Internet of Things (IoT)
        3. Partnerships and Collaborations
        4. Enhanced User Experience
        5. Adoption of Biometric Authentication
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. M-Commerce Payments Market, By Payment Mode, 2021 - 2031 (USD Million)
      1. Peer-to-Peer Transfer
      2. Near Field Communication
      3. Barcode
    2. M-Commerce Payments Market, By Transaction Type, 2021 - 2031 (USD Million)
      1. M-retailing
      2. M-ticketing
      3. M-billing
      4. Others
    3. M-Commerce Payments Market, By Technology, 2021 - 2031 (USD Million)

      1. Bluetooth Low Energy (BLE)

      2. Wi-Fi

      3. Cellular Network

      4. Others

    4. M-Commerce Payments Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Retail
      2. Hospitality & Tourism
      3. IT & Telecommunication
      4. BFSI
      5. Media & Entertainment
      6. Healthcare
      7. Airline
      8. Other Industries
    5. M-Commerce Payments Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. PayPal Holdings, Inc.
      2. Alibaba Group Holding Limited
      3. Tencent Holdings Limited
      4. Visa Inc.
      5. Mastercard Incorporated
  7. Analyst Views
  8. Future Outlook of the Market