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Wireless

Digital wallet users to hit nearly 4 bln by 2024 - Juniper

Tuesday 11 June 2019 | 11:02 CET | News
The number of people using digital wallets worldwide will reach nearly 4 billion by 2024, or nearly 50 percent of the global population, from 2.3 billion this year, according to the latest study from Juniper Research. Wallet transaction values will jump over 80 percent by 2024 to USD 9 trillion per year. The strongest growth will be seen from online payments for remote purchases, itself driven by greater transaction volumes. For example, annual spend per digital wallet will, in the US, increase to over USD 6,400 by 2024, from 3,350 this year.

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Categories: Mobile & Wireless
Countries: World
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