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Global E-commerce Payment Market 2019-Future Innovations with Top Player’s Analysis Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover and forecast to 2024
Global E-commerce Payment Market OverviewAccording to this study, over the next five years the E-commerce Payment market will register a 10.8% CAGR in terms of revenue, the global market size will reach US$ 1455200 million by 2024, from US$ 786500 million in 2019. In particular, this report presents the global revenue market share of key companies in E-commerce Payment business, shared in Chapter 3.
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.
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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, China’s 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.
Global E-commerce Payment Market Key Player’s
• Alipay
• Tenpay
• PayPal
• Visa
• MasterCard
• China UnionPay
• American Express
• JCB
• Discover
Report of Global E-commerce Payment Market is providing the summarized study of several factors encouraging the growth of the market such as manufacturers, market size, type, regions and numerous applications. By using the report consumer can recognize the several dynamics that impact and govern the market. For any product, there are several companies playing their role in the market, some new, some established and some are planning to arrive in the Global E-commerce Payment Market. The report provides the complete study of the Global E-commerce Payment Market considering the approaches used by industrialists. There are some specific strategies used to safeguard their space in market and enduring the growth of business are the factors covered in the report.
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Market Segmentation
Segmentation by product type: breakdown data from 2014 to 2019 and forecast to 2024
• Cash on delivery
• Direct debits
• Digital wallets
• PostPay
• PrePay
• Pre-paid cards
• Debit cards
• Credit cards
• Charge cards
Segmentation by application: breakdown data from 2014 to 2019and forecast to 2024
• Application I
• Application II
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
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Some of TOC Highlights
Chapter One: Report Overview
Chapter Two: Global Growth Trends
Chapter Three: Market Share by Key Players
Chapter Four: Breakdown Data by Type and Application
………
Chapter Eleven: International Players Profiles
Chapter Twelve: Market Opportunities & Challenges, Risks and Influences Factors Analysis
…..Continued
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