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live demand report in US

Digital Wallet

Finance   Product   Sustained growth  Medium opportunity   


A digital wallet is a virtual wallet that allows users to store and manage their payment information, such as credit card details, bank account information, and loyalty cards, on their mobile device or computer. It enables users to make online and in-store purchases without the need for physical cash or cards.

  

Track this trend
(Monitor this trend over time)

18.1K
searches/mo

 12 Months
Average: 54.38%
Trend: declining
MOM change: -1.28%
 5 Years
Average: 28.18%
Trend: growing
MOM change: 2.97%

Top reasons why this topic is getting popular

1. Convenience

Digital wallets offer a convenient way to make payments without the need to carry cash or cards. Users can make purchases with just a few taps on their mobile device or computer, making the payment process quick and easy.

2. Security

Digital wallets offer enhanced security features, such as encryption and biometric authentication, to protect users' payment information. This reduces the risk of fraud and unauthorized access to sensitive financial data.

3. Contactless Payments

Digital wallets support contactless payments, which have become increasingly popular due to the COVID-19 pandemic. Contactless payments allow users to make purchases without touching a payment terminal, reducing the risk of spreading germs.

4. Rewards and Discounts

Many digital wallets offer rewards and discounts to users who make purchases using their platform. This incentivizes users to use the digital wallet for their purchases, which can lead to increased customer loyalty.

5. Integration with Other Services

Digital wallets can be integrated with other services, such as ride-sharing apps and food delivery services, making it easy for users to pay for these services without the need for multiple payment methods.

Who's talking about this trend?

1. Michael Thompson (@michaelthompson)

Entrepreneur and influencer who often discusses the advantages and features of different digital wallets on his Instagram account.

2. Marilyn Rodriguez (@marilynrodriguez)

Digital wallet expert and influencer who frequently shares tips and advice on using digital wallets on her Instagram account.

3. Jonathan Banks (@jonathanbanks)

Tech enthusiast and influencer who frequently posts about digital wallets and their benefits on his Instagram account.

4. Sophia Parker (@sophiaparker)

Finance expert and influencer who frequently shares her knowledge and recommendations on digital wallets on her Instagram account.

5. Olivia Johnson (@oliviajohnson)

Investment advisor and influencer who frequently posts about digital wallets and their impact on personal finance on her Instagram account.