Monday, October 22, 2012

381 Million Mobile Money Users in Emerging Markets by 2017

According to a new research report by Berg Insight, the number of active mobile money users in emerging markets will grow from 61 million in 2011 to 381 million by 2017, a compound annual growth rate (CAGR) of 36 percent. 

Several of the most successful mobile money services are today in use in Africa, but Asia-Pacific is expected to become the most important regional market, accounting for nearly two thirds of the active user base in 2017. 

The total value of mobile money transactions is projected to grow from US$ 44 billion in 2011 at a CAGR of 44 percent to US$ 395 billion in 2017

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