Nigeria Mobile Money Market 2023 to Grow at a CAGR of 29.3% - Industry Analysis by IMARC Group
The latest research study “ Nigeria Mobile Money Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ” by IMARC Group offers a comprehensive analysis of the industry, which comprises insights on the Nigeria Mobile Money Market Is the Nigeria mobile money market good for investment or future trend? The Nigeria mobile money market is expected to exhibit a CAGR of 29.3% during 2023-2028. What is mobile money? Mobile money is a digital service that enables financial transactions via mobile devices, including smartphones and tablets. It includes several technologies, such as digital wallets, Unstructured Supplementary Service Data (USSD), Near-Field Communication (NFC), etc. These technologies facilitate secured and convenient payment solutions as compared to the traditional cash-based transaction methods. In Nigeria, the rising internet connectivity and the growing adoption of smartphones are currently driving the market for mobile money. Impact of Covid-19: