Digital wallet users to exceed 5.2 billion globally by 2026, claims report

The total number of digital wallet users will exceed 5.2 billion globally by 2026, up from 3.4 billion in 2022, representing strong growth of over 53%, a report said on Tuesday.
The findings, by Juniper Research, predicted that the presence of “superapps” will drive digital wallet use in developing countries that are currently considered cash-heavy.
“These rapidly growing markets represent a significant opportunity for digital wallet vendors, but they must work intelligently to maximise their position,” Damla Sat, research co-author, said in a statement.
“A highly competitive wallets’ landscape means that vendors must differentiate themselves by integrating machine learning to provide spending insights and introduce new services such as wealth management to add value,” Sat added.