UAE Mobile Wallet Market: Size, Future, Growth, Trends Insights 2032
UAE mobile wallet market is projected to witness a CAGR of 17.63% during the forecast period 2025–2032, growing from USD 135.90 million in 2024 to USD 498.15 million in 2032F, owing to the digital push by the government, tourism, and Expo 2020 legacy, high smartphone and bank penetration, as well as cross-border synergies. The UAE is not just going cashless, it is going wallet-first. From metro rides to supermarket bills, mobile wallets have made everyday transactions smoother, faster, and more secure. It is not just about consumer convenience; it is a shift led by banks, telecom giants, and regulators, all of whom are building the rails for a digital economy. Report Attributes Details Base Year 2024 Forecast Period 2025–2032F Historical Period 2018–2023 Projected Growth Rate CAGR of 17.63% between 2025 and 2032 Revenue Forecast in 2032 USD 498.15 million Whether it is Payit, e& money, Careem Pay, or Samsung Wallet, most residen...