Forecast Report

Forrester Data Report: Mobile Payments Forecast, 2016 To 2021 (US), Q4 2016 Update

ForecastView Document

February 6th, 2017
With contributors:
Vikram Sehgal , Sanjeev Kumar , Rachel Birrell

Summary

This forecast, made exclusively available for ForecastView clients, sizes and forecasts the transaction value of mobile payments in the US. As consumers further integrate mobile into everyday aspects of living and working, merchants are looking for ways to attract customers, boost transactions, and improve the existing customer experience. Today, mobile commerce functionality involves more than just delivering products from the warehouse to the customer's home. While all forms of digital payment still lag behind paper and physical charge cards, overall mobile payments will grow at a CAGR of 20.3% through 2021.

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