Forecast Report

Forrester Data Report: Mobile Payments Forecast, 2016 To 2021 (EU-7)

ForecastView Document

February 10th, 2017
Shaurya Priya, null
Shaurya Priya
Jacob Morgan, null
Jacob Morgan
With contributors:
Sanjeev Kumar , Rachel Birrell

Summary

This forecast, made exclusively available for ForecastView clients, sizes and forecasts the transaction value of mobile payments in the EU-7 countries and details the growth of mobile in-person payments, remote mobile commerce, and mobile peer-to-peer (P2P) payments. While cash continues to be the bedrock of consumer transactions in the EU-7, mobile payments will see a CAGR of almost 23% over the next five years. We project that in-person payments will grow fastest, although mobile remote payments will dominate by value. We will continue to see a gradual evolution rather than a swift revolution as well as variation by country.

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