Global Digital Payment Market, a new study from Maximize Market Research, offers thorough analysis of the market's size, share, scope, and growth prospects as they relate to the industry's growth. Report on the Global Digital Payment Market aids customers in understanding the potential and problems faced by the sector. The Global Digital Payment Market research provides complete information on the most recent technical advancements and market growth prospects on the basis of regional context.
Global Digital Payment Market was valued at USD 69.55 Billion in 2021, and it is expected to reach USD 285.38 Billion by 2029, exhibiting a CAGR of 19.3% during the forecast period (2022-2029)
Digital Payment Market Overview:
The competitive landscape of the Digital Payment market includes information about competitors. The contents include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses' focus on the Digital Payment market.
Request a free sample copy or view report summary: https://www.maximizemarketresearch.com/request-sample/16835
Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.
Segmentation:
Payment processing accounted for around 25.0% of worldwide revenue in 2021, dominating the market. As consumers' desire for online shopping expands throughout the world, retailers are implementing payment processing systems to offer seamless checkout experiences to customers. Players who offer payment processing solutions are focusing on mergers and acquisitions as well as collaborations to increase their market share. For instance, PayU bought Red Dot Payment, a provider of payment solutions, in July 2019 to strengthen its position in Singapore.
Key Players: Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources.
The following are the key players of the Digital Payment market-
• Total System Services, Inc.
• Wirecard AG
• Novetti Group Limited
• PayPal Holdings Inc.
• ACI Worldwide Inc.
• Adyen N.V.
• Aurus
• Aliant Payments
• Alipay
• Apple Pay
• Dwolla
• FattMerchant
• FIS
• Fiserv
• Global Payments
• Intuit
• JPMorgan Chase
• Mastercard
• PayPal
• Paysafe
• PayTrace
• PayU
• Spreedly
• Square
• Stripe
• Visa
• WEX
• Worldline
• 2Checkout
Regional Analysis:
Individual market influencing elements and changes in market rules that impact present and future market trends are also included in the geographical factor of the research. Only a few of the indicators utilized to anticipate market scenarios for distinct nations include downstream and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies.
COVID-19 Impact Analysis on Digital Payment Market: The study also looks at the influence of COVID-19 on the Digital Payment market. The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, notable trends, and challenges that the industry is experiencing across major regions. The report presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the Digital Payment Market. The particular research focuses on market share and size, demonstrating clearly the impact that the epidemic has had and will have on the global Digital Payment Market in the next years.
For any Queries Contact us: https://www.maximizemarketresearch.com/inquiry-before-buying/16835
Key Questions Answered in the Digital Payment Market Report are:
- What will be the CAGR of the Digital Payment market during the forecast period (2021-2029)?
- Which segment emerged as the leading segment in the Digital Payment market?
- Which are the prominent players in the Digital Payment market?
- What key trends are likely to emerge in the Digital Payment market in the forecast period?
- What will be the Digital Payment market size by 2029?
- Which company held the largest share in the Digital Payment market in 2020?
Do You Have Any Questions About This Report? Please Contact Us On link: https://www.maximizemarketresearch.com/market-report/digital-payment-market/16835/
About Us:
Maximize Market Research provides B2B and B2C research on 12000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defenses and other manufacturing sectors.
Contact Us:
MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway,
Narhe, Pune, Maharashtra 411041, India.
Email: [email protected]
Phone No.: +91 20 6630 3320
Website: www.maximizemarketresearch.com
Global Digital Payment Market was valued US$ 39.55 Bn in 2017 and is estimated to reach US$ 202.6 Bn by 2026, at a CAGR of 23.09% during a forecast period.
In terms of By Type is classified into solutions and services.
In terms of Mode of Payment, the digital payment market is categorized into Contact and Contact-less.
Based on Solution Type is split into Payment Processing, Payment Gateway, Payment Wallet, POS Solution, Payment Security and Fraud Management.
Based on End-user Industry, digital payment market is classified into Retail, Transportation, Entertainment Media, and Banking Financial sector.
Based on region digital payment market is split into North America, Europe, Middle East Africa, Asia Pacific, and Latin America.Major factors for growth of the digital payment market include initiatives take on for the aim of digital Payment, the rapid reproduction of smartphones and the need to provide improved customer service at point of purchase terminals.
The new research report titled "Digital Payment Market, Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
Ltd., ACI Worldwide Inc., Novatti Group Limited, Global Payments Inc., Wirecard AG, Total System Services, Inc.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Digital Payment Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/digital-payment-market/download-sampleMarket DynamicsDigital payment has gained popularity in the last decade.
There have been remarkable innovations and initiatives that have changed the way people transact and pay.
The new report by Expert Market Research titled, ‘Global Digital Payment Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global digital payment market, assessing the market based on its segments like solution, deployment, mode of payment, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/digital-payment-market/requestsampleThe key highlights of the report include:Market Overview (2021-2026)Historical Market Size (2020): USD 4.9 TrillionForecast CAGR (2021-2026): 13%Forecast Market Size (2026): USD 10.4 TrillionThe global digital payment market is driven by the initiatives of government to introduce digitisation in the economies in developing countries such as India, China, Singapore, and Australia.
In order to improve transparency, boost productivity, and provide easy transaction facilities the growing investment of government and private players will drive the growth in the forecast period.
Further, amidst Covid-19 pandemic the digital market saw a rapid growth owing to the need for contactless services.Industry Definition and Major SegmentsDigital payments are online or digital transactions which do not involve exchange of physical cash.
They require internet and a device with a mediating electronic platform.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/digital-payment-marketThe market is divided on the basis of solution into:Payment GatewayPayment Security and Fraud ManagementPayment ProcessingTransaction Risk ManagementOthersThe market is bifurcated on the basis of deployment into:CloudOn-PremisesIn terms of mode of payment, the market is segmented into:Digital WalletsBank CardsDebit cardCredit cardPre-paid cardNet BankingDigital CurrenciesOthersThe market is segmented on the basis of end use into:BFSIHealthcareRetail and E-commerceIT and TelecommunicationMedia and EntertainmentTransportation and LogisticsTravel and HospitalityEducationOthersOn the basis of regional markets, the industry is divided into:1 North America1.1 United States of America1.2 Canada2 Europe2.1 Germany2.2 United Kingdom2.3 France2.4 Italy2.5 Others3 Asia Pacific3.1 China3.2 Japan3.3 India3.4 ASEAN3.5 Others4 Latin America4.1 Brazil4.2 Argentina4.3 Mexico4.4 Others5 Middle East & Africa5.1 Saudi Arabia5.2 United Arab Emirates5.3 Nigeria5.4 South Africa5.5 OthersMarket TrendsRegionally, North America and Europe are the largest shareholder in the global digital payment market owing to the early adoption of the technology.
Moreover, advance smartphone technology and internet in the region aids to the growth of the market.
