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Digital Payments Market Analysis, Growing Demand, Professional And Technical Industry Vision Forecast To 2030

Digital Payments Market

Digital Payments Market

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‘Digital Payments Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the digital payments industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The countries covered in the global digital payments market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global digital payments market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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The digital payments market consists of all the transactions that take place across the digital media along with the product and services associated. Digital payments is a payment mode that uses digital medium such as the internet, cell phones and automated devices to send and receive money. It needs both payer and payee to use the digital means to send and receive money, it is not mandatory in some situations for the payee to use a digital medium to receive money.

The global digital payments market is expected to grow from $29.66 billion in 2020 to $32.27 billion in 2021 at a compound annual growth rate (CAGR) of 8.77%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $46.94 billion in 2025 at a CAGR of 9.83%.

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Global digital payments market segmentation in TBRC’s report is:
1) By Mode Of Payment: Point Of Sale, Online Sale
2) By End-User Industry: Retail, Banking And Financial Service; Telecommunication, Government, Transportation, Others
3) By Deployment: Cloud, On-Premise
4) By Enterprise: Large Enterprises, Small And Medium Enterprises

Major players in the digital payments market are Alipay, Amazon Pay, Apple Pay, Tencent, Google Pay, First Data, Paypal, Fiserv, Visa Inc., MasterCard, Total System Services (TSYS), Novatti, Global Payments, Financial Software & Systems, Worldline, BlueSnap, Net 1 UEPS Technologies, Wirecard, ACI Worldwide, Worldpay (Vantiv), Aurus Inc, Chetu, Paysafe, PayU, Yapstone, and Adyen.

Need More? Read Further On The Digital Payments Market Here:
https://www.thebusinessresearchcompany.com/report/digital-payments-global-market-report-2020-30-covid-19-implications-and-growth

The Table of Contents includes:
1. Executive Summary
2. Digital Payments Market Characteristics
3. Digital Payments Market Trends And Strategies
4. Impact Of COVID-19 On Digital Payments
5. Digital Payments Market Size And Growth
.....
27. Digital Payments Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Payments Market
29. Digital Payments Market Future Outlook and Potential Analysis
30. Appendix

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