Forecast Report

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

ForecastView Spreadsheet

February 10th, 2017
SP
Shaurya Priya

Summary

This forecast, made exclusively available for ForecastView clients, sizes and forecasts the transaction value of mobile payments in the EU-7 countries. It details the rising payments through mobile in-person, remote mobile commerce, and mobile peer-to-peer (P2P) and informal lending. While cash and charge cards continue to be the staples of consumer transactions in Western Europe, mobile payments will rise at an almost 23% compound annual growth rate (CAGR) over the next five years through 2021. We project that in-person payments will grow the fastest, but we expect the shift in offline sales toward mobile and digital acceptance to be a gradual evolution rather than a swift revolution.

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