Tanzania Mobile Money Market Share, Size, Trends, Growth, Report Till 2019 - 2024

1
Tanzania Mobile Money Market Research Report and
Forecast 2024




Report Edition 2019
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2
About IMARC Group
Report Description
The International Market Analysis Research and
Consulting Group is a leading adviser on
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. IMARCs 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, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description

Tanzania Mobile Money Market Overview The
latest report by IMARC Group, titled Tanzania
Mobile Money Market Industry Trends, Share,
Size, Growth, Opportunity and Forecast
2019-2024, finds that the Tanzania mobile money
market size reached US 45.5 Billion in 2018.
Mobile money refers to a service in which the
users can pay bills, transfer funds between banks
or accounts and deposit or withdraw funds via
mobile phones. These services have emerged as a
powerful tool for strengthening financial access
in developing markets. Tanzania has experienced
robust growth in the use of mobile money since
the service was first introduced in the country
in 2008. Over the years, it has evolved beyond
the simple transfer of money, allowing people to
save, insure and borrow money. At present, a
significant percentage of Tanzanians have
registered mobile money accounts and the country
represents one of the leading mobile money
markets in the world. Tanzania Mobile Money
Market Trends Mobile money enables consumers to
execute financial transactions in a relatively
inexpensive and reliable manner. This has helped
in increasing the money liquidity and mitigating
crime-related risk in Tanzania.
4
Report Description and Highlights
Report Description

For instance, Vodacom Tanzania has entered into a
partnership with Safaricom in Kenya, allowing
operator-to-operator international money transfer
interoperability. Looking forward, the market
value is projected to reach US 216.4 Billion by
2024, growing at a CAGR of 28.7 during the
forecast period (2019-2024). Request for a free
sample report https//www.imarcgroup.com/tanzania
-mobile-money-market/requestsample
5
Report Description and Highlights
Report Description

• Moreover, mobile money companies are improving
  the quality of agent networks, which in turn is
  enhancing customer experience and encouraging
  greater use of their services. Along with this,
  the partnership between mobile money operators
  and international money transfer services like
  MoneyGram and Western Union has facilitated the
  users of different service platforms to transact
  directly with each other.
• Key Market Segmentation
• Market Segmentation by Technology
• USSD
• Mobile Wallets
• Others
• Based on the technology, the market has been
  segmented into unstructured supplementary service
  data (USSD), mobile wallets and others. USSD
  currently represents the most popular technology
  used for making mobile money transactions.
• For more information, click here
  https//www.imarcgroup.com/tanzania-mobile-money-m
  arket

6
Report Description and Highlights
Report Description

• Market Segmentation by Business Model
• Mobile Led Model
• Bank Led Model
• On the basis of the business model, the market
  has been segregated as mobile-led and bank-led
  models. At present, mobile-led models are the
  leading segment, accounting for the majority of
  the market share.
• Market Segmentation by Transaction Type
• Peer to Peer
• Bill Payments
• Airtime Top-ups
• Others
• The market has been categorized based on the
  transaction type into peer to peer, bill
  payments, airtime top-ups others. Presently,
  mobile money is majorly used to make peer to peer
  transactions.

7
Report Description and Highlights
Report Description

• Competitive Landscape
• The competitive landscape of the market has also
  been examined with some of the key players.
• M-Pesa
• Tigo Pesa
• Airtel Money
• Browse Related Report
• Kenya Mobile Money Market Report
  https//www.imarcgroup.com/kenya-mobile-money-mark
  et
• Uganda Mobile Money Market Report
  https//www.imarcgroup.com/uganda-mobile-money-mar
  ket

8
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
9
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10
Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
11

Contact Us