According to mobile payment barcode reader statistics, in 2014-2016, Alipay mobile side of the average annual compound growth rate of 118.6%, while the WeChat to pay up to 326.9%, both sides of the high growth rate. Now fought overseas markets, despite Alipay leading, but still can not ignore the WeChat to pay to catch up.
Whether it is Alipay, or WeChat payment, turn to overseas markets is inevitable move. On the one hand, the rapid development of domestic mobile payment, to pay the Chinese enterprises have accumulated a lot of technology and experience, enough to join the competition in overseas markets.
Also the mobile payment barcode reader market is growing.
On the other hand, China's population and traffic dividends gradually disappear, the mobile payment market is becoming saturated. According to the prospective industry research institute released the "China Mobile payment industry market outlook and investment strategic planning analysis report" data show that in 2016, China Mobile payment market reached 1.2159 trillion yuan, by 2018 will grow to 1,825.59 billion yuan, the average increase Speed more than 20%.
However, Alipay, WeChat to pay into the overseas market, will inevitably encounter great difficulties, and even may touch the local regulatory red line. Therefore, the future but also according to local conditions, according to the actual situation of different countries to develop strategies.
As a global wave, mobile payment development is the trend. According to the above data show that in 2012, the global mobile payment market size of 171.5 billion US dollars, the user scale of 210 million people; by 2014 the market size has increased to 325.2 billion US dollars, the user scale is 291 million people.
China as one of the leaders, Alipay, WeChat payment will come to the fore, become the world's mobile payment leader. But will eventually show what kind of market structure, or an unknown. The only sure is that China will pay a large enterprise to pay overseas.
According to this data and trend ,the mobile payment will be popular , and the mobile payment barcode reader module will be hot sales.