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The Indian m-wallet industry has reported a tremendous growth in the recent years, and is presenting ample opportunities to the industry players. With favorable demographics and rising awareness, Indian m-wallet market is poised to scale newer acmes. Moreover, introduction of novel m-wallet services, benefits and entry of new players, are further set to boost the market’s growth.

The latest research by RNCOS titled, “Indian M-Wallet Market Forecast 2022”, unfolds the market dynamics of the m-wallet market. In the report, the Indian mobile payment industry has been split into three distinct services viz.: m-pos, mobile Banking and m-wallet, depicting their current and future outlook to 2022. The m-wallet market is further divided into different services, with each segment scrutinized in detail. The report identifies and highlights the segments that offer the maximum opportunity for growth in the Indian market.