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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’s players. With favourable demographics and rising awareness, the Indian m-wallet market is poised to scale newer acmes. Moreover, introduction of novel m-wallet services, benefits and entry of new players, are all set to further boost the market’s growth.
 
The latest research by RNCOS titled, “Indian Mobile Wallet Market Outlook 2020” unfolds the market dynamics of the m-wallet market. In this report, the Indian mobile payment industry has been split into three distinct services viz.: mpos, mobile banking and m-wallet, while it’s depicted how their current and future outlook would stand in 2020. 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 opportunities for growth in the Indian m-wallet market.