The FR 2420 is a transaction-based report that collects daily liability data on federal funds, borrowings from non-exempt entities, Eurodollars, and certificates of deposits (CDs) and time deposits (TDs) from (1) domestically chartered commercial banks and thrifts that have $18 billion or more in total assets, or $5 billion or more in assets and meet certain unsecured borrowing activity thresholds, and (2) U.S. branches and agencies of foreign banks with total third-party assets of $2.5 billion or more.

The global money market fund (MMF) market size was valued at USD 10.6 trillion in 2025 and is projected to grow at a CAGR of 5.7% from 2025 to 2033. The primary drivers of this growth include increasing demand for short-term investments, the growing popularity of cash management products, and the expanding use of MMFs as liquidity buffers by corporations and institutional investors. Key growth trends in the MMF market include the rise of ESG-focused MMFs, the adoption of digital platforms for MMF sales and distribution, and the increasing use of MMFs as collateral for repurchase agreements (repos). However, market growth is restrained by factors such as the low interest rate environment, competition from other short-term investment options, and regulatory changes. The key market segments are direct sales and indirect sales, while the major types of MMFs include prime money funds, government money funds, treasury funds, and tax-exempt money funds. The market is dominated by large asset managers such as BlackRock Fund, Vanguard, UBS Group, Fidelity Investments, and Morgan Stanley. This report provides a comprehensive analysis of the money market fund sales industry, including its concentration, trends, key segments, and growth drivers.

Global Money Market Funds market size 2025 was XX Million. Money Market Funds Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Recent developments include: October 2019: In order to provide mobile money services throughout 14 African nations, Airtel Africa and Mastercard worked together. The Mastercard virtual card allows Airtel Money customers without a bank account to make payments at local and international online shops who accept Mastercard cards.. Key drivers for this market are: Proliferation of digital payments, e-commerce, and remittance services . Potential restraints include: Diverse regulatory frameworks across regions can complicate compliance . Notable trends are: Integration of advanced technologies like artificial intelligence, blockchain, and biometric authentication .

The Mobile Money report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

Graph and download economic data for Money Market Funds; Total Financial Assets, Level (MMMFFAQ027S) from Q4 1945 to Q1 2025 about MMMF, IMA, financial, assets, and USA.

The global money market fund sales market is experiencing robust growth, driven by increasing demand for short-term, low-risk investment options and the need for liquidity management by both institutional and individual investors. Let's assume a 2025 market size of $5 trillion and a CAGR of 6% for the forecast period (2025-2033). This implies a substantial expansion to approximately $8.1 trillion by 2033. Key drivers include rising interest rates in some regions, increasing regulatory scrutiny of other investment vehicles, and the ongoing need for safe haven assets amidst global economic uncertainties. Growth is further fueled by the expanding adoption of digital platforms and fintech solutions, streamlining access and enhancing investor experience. Segment-wise, prime money funds maintain a significant market share due to their higher yields compared to government or treasury funds, particularly appealing to institutional investors. However, tax-exempt money funds are expected to witness increased growth driven by tax benefits. Sales channels are evolving, with the prominence of indirect sales (through financial advisors and intermediaries) complemented by a steadily growing direct sales segment fueled by increased investor sophistication and access to online platforms. Geographic distribution reveals a concentrated market share held by North America and Europe, predominantly the United States and the United Kingdom respectively. However, the Asia-Pacific region, particularly China and India, is poised for significant expansion, fueled by burgeoning middle-class savings and increasing awareness of money market funds as a suitable investment option. While regulatory changes and potential economic downturns pose restraints, innovative product offerings and expansion into emerging markets will continue to shape the market landscape. Competitive intensity is high, with major players like BlackRock, Vanguard, and Fidelity Investments vying for market share through diversified product offerings, strong distribution networks, and technological advancements. The market's future is influenced by macro-economic factors, investor sentiment, and ongoing regulatory evolution.

United States Net Purchases: Flow: Money Market Mutual Fund (MM) data was reported at -54.345 USD bn in Mar 2018. This records a decrease from the previous number of 99.599 USD bn for Dec 2017. United States Net Purchases: Flow: Money Market Mutual Fund (MM) data is updated quarterly, averaging 0.000 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 411.944 USD bn in Dec 2008 and a record low of -332.086 USD bn in Mar 2010. United States Net Purchases: Flow: Money Market Mutual Fund (MM) data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB041: Funds by Instruments: Flows and Outstanding: Money Market Mutual Fund Shares.

This report provides basic identification information for all entities that are organized as Money Market Mutual Funds (MMFs), and that have filed Form N-MFP with the Commission.

The Money Market Dealers industry’s performance has taken a hit in recent years. Overall turnover volume has plunged, thanks to the Term Funding Facility (TFF) introduced by the RBA in March 2020. The TFF provided authorised deposit-taking institutions (ADIs) with low-cost fixed-rate funding for up to three years. ADIs have been opting for longer term options over short-term debt securities because of this funding, which has dampened industry performance. Revenue is expected to collapse at an annualised 17.0% to $2.7 billion over the five years through 2023-24, and profit margins are also set to contract. This trend includes an estimated revenue increase of 5.4% in 2023-24, since demand is expected to gradually recover as funding from the TFF matures. Uncertain global economic conditions due to events like the COVID-19 pandemic, the Russia-Ukraine conflict and contractionary policies to combat inflation have constrained the growth of Australia's economy. The Federal Government has been issuing more long-term debt securities than short-term debt securities to cover budget shortfalls, which has meant that there’s been less demand for money market dealers' services. Governments have also been seeking to stimulate the economy through government debt securities, boosting this segment's share of revenue. Revenue is projected to lift at an annualised 7.6% to $3.9 billion over the five years through 2028-29, as the industry begins to recover from pandemic-induced shifts in the economic landscape. The TFF is on track to conclude in mid-2024, after which there’ll likely be a shift back towards short-term debt securities, since its longer term low-cost funding will no longer be available. This, combined with gradual rate cuts, is set to support money market dealers' performance. Nevertheless, come companies’ apprehension towards short-term debt is poised to serve as a counterweight to revenue recovery. However, as general economic conditions recover, demand is set to ramp up and restore some stability to industry turnover.

The Kenya mobile money market size reached USD 157.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 727.7 Billion by 2033, exhibiting a growth rate (CAGR) of 17.58% during 2025-2033.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 157.8 Billion
Market Forecast in 2033	USD 727.7 Billion
Market Growth Rate 2025-2033	17.58%

IMARC Group provides an analysis of the key trends in each sub-segment of the Kenya mobile money market report, along with forecasts for the period 2025-2033. Our report has categorized the market based on technology, business model and transaction type.

Global Mobile Money market size is expected to reach $45.54 billion by 2029 at 30%, increasing adoption of mobile pos (point of sale) boosting mobile money demand

Consumer behavior is changing as various platforms integrate social media and commerce. Capitalizing on this shift, the mobile money market size can swell from US$ 17,093.12 million in 2024 to US$ 118,852.47 million by 2034. The market growth is estimated at a stunning 21.40% CAGR till 2034.

Attributes	Details
Market Size, 2023	US$ 14,080.00 million
Market Size, 2024	US$ 17,093.12 million
Market Size, 2034	US$ 118,852.47 million
Value CAGR (2024 to 2034)	21.40%

Category-wise Insights

Segment	Mobile Money Platform (Component)
Value Share (2024)	74.50%

Segment	Money Transfer (Application)
Value Share (2024)	37.90%

Country-wise Insights

Countries	Value CAGR (2024 to 2034)
United States	21.40%
Germany	15.70%
Japan	16.90%
China	23.50%
Australia & New Zealand	20.90%

The Digital Money market is revolutionizing the way people transact, save, and invest. This evolving sector encompasses a variety of digital financial instruments, including cryptocurrencies, mobile payments, digital wallets, and online banking services. As people's reliance on technology continues to soar, digital

United States Memo: Institutional Money Market Funds data was reported at 1,842.200 USD bn in Oct 2018. This records a decrease from the previous number of 1,858.800 USD bn for Sep 2018. United States Memo: Institutional Money Market Funds data is updated monthly, averaging 301.750 USD bn from Jan 1974 (Median) to Oct 2018, with 538 observations. The data reached an all-time high of 2,600.500 USD bn in Feb 2009 and a record low of 0.000 USD bn in Mar 1974. United States Memo: Institutional Money Market Funds data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KA005: Money Stock, Liquid Assets and Debt Measures: Monthly.

These tables provide additional detail on the investment holdings of U.S. money market funds, based on a monthly dataset of security-level holdings for all U.S. money market funds. Table 1 reports the aggregate dollar amount of investments of U.S. money market funds since 2010, by the world region and country of the security issuer. Table 2 provides a finer level of detail by month, showing, for each country of issuer, the aggregate dollar amount of investments of U.S. money market funds by type of money fund (i.e., prime, government, and municipal bond funds), type of security (i.e., direct debt and deposits, repurchase agreement, asset-backed commercial paper, and other), and by maturity of the security. Table 3 depicts the asset allocation of U.S. money market fund portfolios over time. Tables 4, 5, and 6 show the asset allocation of prime, government, and tax-exempt money market funds, respectively, over time. The sum of the values in these three tables equals the total value of Table 3. Tables 7 and 8 report additional detail on the repurchase agreement holdings and the commercial paper holdings, respectively, for U.S. money market funds.

Gain in-depth insights into Mobile Money Market Report from Market Research Intellect, valued at USD 1.5 trillion in 2024, and projected to grow to USD 4.1 trillion by 2033 with a CAGR of 15.2% from 2026 to 2033.

Brazil BR: Money Market Rate data was reported at 10.839 % pa in 2024. This records a decrease from the previous number of 13.200 % pa for 2023. Brazil BR: Money Market Rate data is updated yearly, averaging 20.000 % pa from Dec 1964 (Median) to 2024, with 61 observations. The data reached an all-time high of 15,778.567 % pa in 1990 and a record low of 2.789 % pa in 2020. Brazil BR: Money Market Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Brazil – Table BR.IMF.IFS: Money Market and Policy Rates: Annual.

Mobile Money Market was valued at USD 5.61 billion in 2023 and is expected to reach USD 17.67 billion by 2029 with a CAGR of 20.89% during the forecast period.

Pages	185
Market Size	2023: USD 5.61 Billion
Forecast Market Size	2029: USD 17.67 Billion
CAGR	2024-2029: 20.89%
Fastest Growing Segment	Proximity Payments
Largest Market	North America
Key Players	1. Vodafone Group Plc 2. Mastercard Incorporated 3. Comviva Technologies Limited 4. Fiserv, Inc. 5. PayPal Holdings, Inc. 6. Telefonaktiebolaget LM Ericsson 7. Apple Inc. 8. Infobip Limited

According to Cognitive Market Research, the global Mobile Money Market size is USD 6.9 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 22.7% from 2024 to 2031. Market Dynamics of Mobile Money Market

Key Drivers for Mobile Money Market

Increasing Dependence on Automated Technology - One of the main reasons the Mobile Money Market is growing is the increasing use of automation technology. Port operations are becoming safer and more efficient with the help of technologies like AI, robots, and autonomous vehicles, which are replacing human workers with machines. Additionally, automation improves uniformity and precision in port operations by reducing the likelihood of human mistakes. These technologies are anticipated to become more important in the Mobile Money Market as they grow in popularity and sophistication.
The increasing need to ship goods is anticipated to drive the Mobile Money Market's expansion in the years ahead.

Key Restraints for Mobile Money Market

The exorbitant expense of installing and maintaining cutting-edge technology poses a serious threat to the smart port industry.
The market also faces significant difficulties related to data security and privacy.

Introduction of the Mobile Money Market

Mobile money refers to financial services offered through mobile phones, enabling users to perform transactions such as deposits, withdrawals, transfers, and payments without the need for a traditional bank account. This service leverages mobile technology to provide financial inclusion, particularly in regions with limited access to banking infrastructure. The mobile money market has experienced significant growth due to the increasing penetration of smartphones, expanding internet connectivity, and the rising demand for convenient, secure, and accessible financial services. The adoption of mobile money is driven by factors such as the proliferation of mobile networks, supportive regulatory frameworks, and the growing preference for cashless transactions. Emerging markets, particularly in Africa and Asia, have witnessed the most substantial growth in mobile money usage.