Forecast Report

Forrester Analytics: Mobile Payments Forecast, 2018 To 2023 (US)

ForecastView Document

March 13th, 2019
With contributor:
Sanjeev Kumar

Summary

We expect mobile payments in the US to grow at a compound annual growth rate (CAGR) of 16.8% from 2018 to 2023. Mobile remote payments, which include payments for retail, travel, food delivery, and mobile gaming, accounted for nearly 60% of mobile payments in 2018. We expect food delivery to grow the fastest, with a CAGR of 21.7% to 2023. Our forecast details the growth of mobile in-person payments, remote mobile commerce, and mobile peer-to-peer (P2P) payments from 2010 to 2023.

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