Global Payment Processing Solutions Market: Emerging Trends, Major Key Players ACI Worldwide and Elavon Inc.

According to the report, The global payment processing solutions market was valued at $39.57 billion in 2020, and is projected to reach $146.45 billion by 2030, growing at a CAGR of 14% from 2021 to 2029.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global PAYMENT PROCESSING SOLUTIONS industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Payment Processing Solutions market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Payment Processing Solutions players holding highest market share include ACI Worldwide, Elavon Inc., FIS, Fiserv, Inc., Global Payments Inc., GoCardless. These players use acquisition as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• ACI WORLDWIDE
• ELAVON INC.
• FIS
• FISERV, INC.
• GLOBAL PAYMENTS INC.
• GOCARDLESS
• PAYPAL
• SQUARE, INC.
• STRIPE
• WIRECARD CEE

Segmental Analysis

Market Segment By COMPONENT with focus on market share, consumption trend, and growth rate of PAYMENT PROCESSING SOLUTIONS Market:
• SOLUTION
• SERVICE

Market Segment By DEPLOYMENT MODE with focus on market share, consumption trend, and growth rate of PAYMENT PROCESSING SOLUTIONS Market:
• CARDS
• E-WALLET
• AUTOMATED CLEARING HOUSE (ACH)
• OTHERS

Market Segment By INDUSTRY VERTICAL with focus on market share, consumption trend, and growth rate of PAYMENT PROCESSING SOLUTIONS Market:
o BFSI
o GOVERNMENT & UTILITIES
o IT & TELECOM
o HEALTHCARE
o RETAIL & ECOMMERCE
o MEDIA & ENTERTAINMENT
o TRAVEL & HOSPITALITY
o OTHERS

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Global Payment Processing Solutions Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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