E-Commerce Payment Market Trend Analysis with Alipay Tenpay PayPal Visa MasterCard China UnionPay ,American Express, JCB, Discover and More

Big market research adds a report titled “Global E-Commerce Payment Market 2018-2023” that provides detailed information of the E-Commerce Payment. The report is an excellent piece of study for investors who are looking towards the market.

In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global E-commerce Payment market for 2018-2023.

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E-commerce Payment is a transaction of buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange (EDI) and automated data collection systems. It has become increasingly popular due to the widespread use of the internet-based shopping and banking. Payment method security technology, payment customer experience are fast updating all the time. These are also the key features market players engaging to lead the run from all over the whole.
However, this trend is not expected to continue in 2016, as a growth rate of 17.5% is forecast, which would result in a global E-commerce turnover of $2,671bn. Even though this growth rate is still significant, its decrease can be seen as a first sign of the global E-commerce market becoming more mature.

In comparison with last year, Chinas ecommerce market grew significantly faster than the one of the US. Compared to 2016, Chinese ecommerce sales grew by 27.2%, while in the US it grew by 8.99 %.For 2017 as well, the Chinese E-commerce market is expected to increase much faster than the American one (24% vs. 9%). As a result, it will continue to increase its lead even further.
Over the next five years, LPI(LP Information) projects that E-commerce Payment will register a 10.8% CAGR in terms of revenue, reach US$ 1455200 million by 2023, from US$ 786500 million in 2017.

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This report presents a comprehensive overview, market shares and growth opportunities of E-commerce Payment market by product type, application, key companies and key regions.

To calculate the market size, LP Information considers value generated from the sales of the following segments:

Segmentation by product type:
Cash on delivery
Direct debits
Digital wallets
PostPay
PrePay
Pre-paid cards
Debit cards
Credit cards
Charge cards
Segmentation by application:
Application 1
Application 2

We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Alipay
Tenpay
PayPal
Visa
MasterCard
China UnionPay
American Express
JCB
Discover

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global E-commerce Payment market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of E-commerce Payment market by identifying its various subsegments.
Focuses on the key global E-commerce Payment players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the E-commerce Payment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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