Asia - The Region
Countries of Asia ~ Asian Countries
Lao People's Dem Rep
Iran Islamic Republic of
Graph: Asian Countries Mobile User Base Market Share
Mobile Payments in Asia Pacific to rise to $316 billion in 2014, a CAGR of 94.1%
Mobile Payment Transaction Values in Asia Pacific to reach $316 billion in 2014
- Asia Pacific will see strong growth, both in terms of transaction values and user cases. We expect that in 2014, there will be 622 million mobile payments users in the Asia Pacific region with over 62 billion user cases.
- Gross Value of Transactions in Asia Pacific will reach $316 billion in 2014 for a CAGR of 94.1%.
- The market is quite diverse in terms of what is transacted. Although prepaid top-ups will continue to be the largest category, we expect that its share of total transactions (in terms of transaction value) will decline from 40% in 2009 to 25% in 2014.
- Money transfer is another large mobile payment category in the Asia Pacific due to the large number of migrant workers both within countries and internationally (such as China, India, Philippines, Pakistan, Bangladesh, etc.) [source]
Table: Asia - Mobile Subscribers Statistics and Forecast by country
'000 subscribers April 2008
Figures in red are estimates.
The discrepancy between actual operator payout and "successful transaction" is normal in Asia. Below are the normal rates for these countries. If the rate is higher than below, we will look into it with operators and find out the reason. On the other hand, if there are more postpaid subscribers dominant in the market, the discrepancy could be a bit higher.
Discrepancy rate (%)
Taiwan 20 - 30 (postpaid users are dominant in the market)
Thailand 8 - 20
Malaysia 5 - 10
Indonesia 10 - 20
Vietnam 10 - 20
Singapore 10 - 15
Hong Kong 20 - 30 (postpaid users are dominant in the market)