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Tanzania Mobile Money Market Share, Top Companies, Regional Analysis, Industry Trends and Analysis 2022-2027

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Tanzania Mobile Money Market Share, Top Companies, Regional Analysis, Industry Trends and Analysis 2022-2027

September 26
17:10 2022
Tanzania Mobile Money Market Share, Top Companies, Regional Analysis, Industry Trends and Analysis 2022-2027
The Tanzania Mobile Money Market size is expected to reach US$ 120.4 Billion by 2027, exhibiting a CAGR of 14.2% during 2022-2027.

The latest report published by IMARC Group, titled  “Tanzania Mobile Money Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the Tanzania mobile money market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The Tanzania mobile money market size reached a value of US$ 54.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 120.4 Billion by 2027, exhibiting a CAGR of 14.2% during 2022-2027.

Industry Overview and Application:

Mobile money is a type of electronic wallet service that enables users to send, manage, and receive capital with the help of internet-enabled smartphones. As compared to conventional transactions, mobile money is secure, easy to use, hassle-free, and can be accessed from any location within proximity to the mobile signal range. Apart from this, it does not require cash, cheques, and credit/debit cards for money transfers and eliminates the risk of various fraudulent activities. As a result, mobile money is gaining immense traction amongst users to transfer, deposit, or withdraw funds between banks or accounts and pay bills for various goods and services.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Get a Free Sample Copy of this Report: https://www.imarcgroup.com/tanzania-mobile-money-market/requestsample

Tanzania Mobile Money Market Trends:

The increasing proliferation of mobile phones and internet users, and the increasing demand for secured monetary transaction platforms, especially during the COVID-19 pandemic, to perform contact-less payments are attributing to the mobile money market growth. Such technologies enable service providers to exchange and utilize account holders’ information for executing money transfers instantly without any inconvenience. Moreover, the widespread use of mobile money accounts for storing, borrowing, and insuring funds, as well as accessing various financial services offered by mobile operators, such as mobile insurance, micro-loans, medical coverage, and credit services, is propelling the market growth. Furthermore, the numerous initiatives being undertaken by banking institutions to sensitize consumers regarding the availability of several financial services and their benefits are contributing to market growth.

Tanzania Mobile Money Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the tanzania mobile money market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • M-Pesa (Vodacom Tanzania Limited)
  • Tigo Tanzania (MIC Tanzania Public Limited Company)
  • Airtel Money Tanzania Limited

 

Key Market Segmentation:

The report has segmented the tanzania mobile money market on the basis of technology, business model and transaction type.

Breakup by Technology:

  • USSD
  • Mobile Wallets
  • Others

 

Breakup by Business Model:

  • Mobile Led Model
  • Bank Led Model

 

Breakup by Transaction Type:

  • Peer to Peer
  • Bill Payments
  • Airtime Top-ups
  • Others

 

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures:  https://www.imarcgroup.com/request?type=report&id=1448&flag=C

 

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

 

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

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