Press release
Global Payment Gateway Market Gaining Demand in Emerging Economies
Some of the important players
Razorpay Software Pvt. Ltd.
PayPal Payments Pvt. Ltd
PayUMoney
BillDesk
CCAvenue
Ingenico Group (EBS)
Instamojo Technologies Pvt Ltd.
One Mobikwik Systems Pvt. Ltd
TimesofMoney Ltd.
CyberSource
HDFC Payment Gateways
Oxigen Services(India) Private Limited.
MASTERCARD Gateways ( MIGS)
The report focuses on an in-depth segmentation of this market based on type, and organization size. By type the market is further segmented into hosted, non-hosted, direct and platform based. Hosted payment gateway segment dominates the market due to merchants seeking for quick installation of payment gateway solution on their website. By organization size the market is further segmented into SMEs (Small and Medium Enterprises) and large enterprises. Large enterprises account for majority market share due to the high transaction volume and value due to which contribute major revenue share of payment gateway aggregators in India.
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Major Highlights of Payment Gateway Market report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the India payment gateway market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the India payment gateway market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth India market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the political, economic, social and technology impact of India
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The report aims to provide an overview of India payment gateway market with detailed market segmentation. Also, it analyzes the current payment gateway market scenario and forecasts the market till 2025 in India. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, trends, and opportunities in the markets with respect to India. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of the country along with the SWOT analysis for all company profiled in the report.
India comprises of approximately 15% of global populations, out of with 58% are the youth. Having such a massive ratio of the young population the payment methods in the country are transforming tremendously. The cash usage in India is declining continuously, in the year 2017, the cash usage marginally declined by 33% and is anticipated to further come down to 29% in the coming years. Whereas, the digital payment methods including card transactions have risen to 36% in 2017 from 34% in the previous year. Some of the key players of India payment gateway market include Razorpay Software Pvt. Ltd., PayPal Payments Pvt. Ltd., PayUMoney, BillDesk, CCAvenue, Ingenico Group (EBS), Instamojo Technologies Pvt Ltd., One Mobikwik Systems Pvt. Ltd, TimesofMoney Ltd., CyberSource, HDFC Payment Gateways, Oxigen Services(India) Private Limited., MASTERCARD Gateways ( MIGS) among others.
Segmentations Covered in the Payment Gateway Market:
Overview: Global Payment Gateway Market – By Type, By Material, By Region, By Application
Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Complete Report is Available at https://bit.ly/2Imz9sQ
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