Press release
Payments Market Report 2022 to 2031 Provides Market Dynamics including Growth Drivers, Restraints, Opportunity and Trends | PayPal, Square Inc., Apple Inc, Amazon Payments, Flagship Merchant Services, GoCardless, Bitpay
'Payments Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026' 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 it, and highlights of the opportunities that companies in the industry can take on. The payments market research report helps gain a truly global perspective of the payments industry as it covers 60 geographies worldwide. 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 regions covered in the payments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest payments share.
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The payments market consists of sales of payments services by entities (organizations, sole traders, and partnerships) that are engaged in facilitating payment transfers between individuals, companies, or both. The payments industry consists of establishments primarily engaged in processing money transfers and payments between various accounts. This includes all institutions involved in payment processing such as banks, non-banking financial institutions, and others. Revenue generated from the payments market includes all the processing and services fees levied by the banks and financial institutions for payment processing.
Key competitors in the payments market are PayPal, Square Inc., Apple Inc, Amazon Payments, Flagship Merchant Services, GoCardless, Bitpay, Stripe, Payline Data, FIS., ACI Worldwide, MasterCard, Fiserv.
The global payments market size is expected to grow from $511.87 billion in 2021 to $572.06 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The global payment market size is then expected to grow to $870.09 billion in 2026 at a CAGR of 11.1%.
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TBRC's report segments the global payments market:
1) By Type: Credit Transfer, Direct Debit, Check Payment, Cash Deposit
2) By Application: Banks, Non-Banking Financial Institutions, Others
3) By End-User Industry: Retail, Banking and Financial Service, Telecommunication, Government, Transportation, Others
Read Further On The Payments Market Here:
https://www.thebusinessresearchcompany.com/report/payments-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Payments Market Characteristics
3. Payments Market Trends And Strategies
4. Impact Of COVID-19 On Payments
5. Payments Market Size And Growth
.....
26. Africa Payments Market
27. Payments Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Payments Market
29. Payments Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. Located globally, it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
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