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Digital Payment Market Growth, Key Factors, Ongoing Trends and Forecast to 2025 | GoCardless, Transferwise, Stripe, Venmo, Adyen, Tipalti, PayPal, Razorpay

02-10-2020 07:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Verified Market Research

Digital Payment Market

Digital Payment Market

The report attempts to offer a comprehensive analysis of the Digital Payment Market status and development trends, including growth, opportunities, rising technology, competitive landscape, types, applications and product offerings of key players.

The Global Digital Payment Market was estimated at USD 479.48 billion in 2016 and is projected to reach USD 1215.63 billion by 2025, growing at a CAGR of 10.89% from 2017 to 2025. Digital Payment is the process of payment through digital modes. In digital payments both the payee as well as the payer using digital modes in order to receive as well as to send money. The complete transaction is carried out online. There are several advantages to the adoption of digital payment across multiple sectors. For example factors such as the time efficiency, ability of banking at any time, capability to keep track of the payments being made (payment history) as well as ease of expense control.

Top Companies in the Global Digital Payment Market Research Report:
GoCardless, Transferwise, Stripe, Venmo, Adyen, Tipalti, PayPal, Razorpay and Square.

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As the necessity for the adherence to the DSS and PCI guidelines become more stringent, there is an increase in the implantation of Digital Payment applications across several different industries. These factors majorly affect the digital payment market positively. The restraint in the adoption of the implementation of the digital market is that there is a lack of trust when it comes to online banking as there is less familiarity with the process in comparison to traditional forms of payment such as credit or debit cards as well as cash.

Reasons to Purchase this Report:

1. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
2. Provision of market value (USD Billion) data for each segment and sub-segment
3. Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
4. Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
5. Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
6. Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
7. The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Digital Payment Market Size
2.2 Digital Payment Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Digital Payment Market Size by Manufacturers
3.2 Digital Payment Key Players Head office and Area Served
3.3 Key Players Digital Payment Product/Solution/Service
3.4 Date of Enter into Digital Payment Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Digital Payment Sales by Product
4.2 Global Digital Payment Revenue by Product
4.3 Digital Payment Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Digital Payment Breakdown Data by End User

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Contact Us:
Mr. Edwyne Fernandes
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com

About Us:
Verified market research partners with clients to provide insight into strategic and growth analytics; data that help achieve business goals and targets. Our core values include trust, integrity, and authenticity for our clients.

Analysts with high expertise in data gathering and governance utilize industry techniques to collate and examine data at all stages. Our analysts are trained to combine modern data collection techniques, superior research methodology, subject expertise and years of collective experience to produce informative and accurate research reports.

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