Press release
Global Digital Payments market likely to skyrocket to nearly $22326.5 billion by 2030 | Stripe Inc., Fiserv Inc., Apple Inc., Mobiamo Inc.
DescriptionNew Research Study ""Digital Payments Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook"" has been added to Coherent Market insight
The global digital payments market was valued at US$ 7,360 Bn in 2021 and is forecast to reach a value of US$ 22326.5 Bn by 2030 at a CAGR of 12.8% between 2022 and 2030.
The report titled "Digital Payments Market" offers a primary overview of the industry, covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global Digital Payments market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the Digital Payments industry. Global Digital Payments Market Report 2022 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028
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The Digital Payments market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
Major Key players in this Market:
◘ Wordplay Inc. (Fidelity National Information Services)
◘ PayPal Holdings Inc.
◘ MasterCard Incorporated (MasterCard)
◘ Stripe Inc.
◘ Alphabet Inc.
◘ Fiserv Inc.
◘ Visa Inc.
◘ Alipay.com Co. Ltd
◘ Amazon Payments Inc. (Amazon.com Inc.)
◘ Paytm (One97 Communications limited)
◘ Apple Inc.
◘ Mobiamo Inc.
Drivers & Trends
The Digital Payments market estimations were derived through thorough research and assumptions based on existing drivers and trends. As a consequence, the research study works as a clearinghouse for analysis and data on all aspects of the market, including applications, SWOT analysis, future potential, new developments, and more. Several potential growth factors and dangers are analysed in order to have a strong handle on the total industry.
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Regional Outlook:
The market is analysed based on its worldwide presence in countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of the World for a better understanding of the market adoption of Digital Payments. Due to increased Digital Payments expenditures, Asia-Pacific will lead the Digital Payments market. Furthermore, favourable government policies in Japan and Korea that encourage the expansion and development of the IT sectors move the industry forward.
Method of Research
The market research team examined the Global Digital Payments Market demand using Porter's Five Force Model for the period 2022-2028. A complete SWOT analysis is also performed to assist the reader in making better informed conclusions about the Global Digital Payments Market demand. We collected data from both primary and secondary sources. In addition, the data analysts employed publicly available tools like as annual reports, SEC filings, and white papers to conduct a complete examination of the market. The approach to analysis reflects the purpose of evaluating it against a variety of indicators in order to provide a comprehensive view of the market.
Report Includes:
An up-to-date detailed analysis of the global markets for Digital Payments.
Analyses of global market trends, including data from 2018 and 2021, predictions for 2022 and 2024, and compound annual growth rates (CAGRs) through 2028.
The worldwide Digital Payments market size is estimated and forecasted, with market share analysis by Digital Payments type, component, application, end-user industry, and geographic area.
Highlights of the industry's market potential for Digital Payments, emerging applications, technological advancements, and strategic innovations
COVID-19 consequences on market advancement and assessment of feasible technological drivers through a comprehensive examination of numerous Digital Payments specialised applications for new and existing sub-parts.
Recent industry structure, present competitive landscape, R&D activities, significant growth initiatives, and business value share analysis based on segmental sales are all included.
Review of patents granted for Digital Payments, and assessment of new developments within the industry, as well as new advances in the sector.
Company profiles of the the world's leading global players are Wordplay Inc. (Fidelity National Information Services), PayPal Holdings Inc., MasterCard Incorporated (MasterCard), Stripe Inc., Alphabet Inc., Fiserv Inc., Visa Inc., Alipay.com Co. Ltd, Amazon Payments Inc. (Amazon.com Inc.), Paytm (One97 Communications limited), Apple Inc. and Mobiamo Inc.
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Table of Contents with Major Points:
1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2028 (USD Billion)
1.2.1. Digital Payments Market, by Region, 2018-2028 (USD Billion)
1.2.2. Digital Payments Market, by Type, 2018-2028 (USD Billion)
1.2.3. Digital Payments Market, by Application, 2018-2028 (USD Billion)
1.2.4. Digital Payments Market, by Verticles, 2018-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
2. Global Digital Payments Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
3. Global Digital Payments Market Dynamics
3.1. Digital Payments Market Impact Analysis (2018-2028)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
4. Global Digital Payments Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
5. Global Digital Payments Market, by Type
5.1. Market Snapshot
5.2. Global Digital Payments Market by Type, Performance - Potential Analysis
5.3. Global Digital Payments Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
5.4. Digital Payments Market, Sub Segment Analysis
6. Global Digital Payments Market, by Application
6.1. Market Snapshot
6.2. Global Digital Payments Market by Application, Performance - Potential Analysis
6.3. Global Digital Payments Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. Digital Payments Market, Sub Segment Analysis
6.4.1. Others
7. Global Digital Payments Market, by Verticles
7.1. Market Snapshot
7.2. Global Digital Payments Market by Verticles, Performance - Potential Analysis
7.3. Global Digital Payments Market Estimates & Forecasts by Verticles 2018-2028 (USD Billion)
7.4. Digital Payments Market, Sub Segment Analysis
8. Global Digital Payments Market, Regional Analysis
8.1. Digital Payments Market, Regional Market Snapshot
8.2. North America Digital Payments Market
8.3. Europe Digital Payments Market Snapshot
8.4. Asia-Pacific Digital Payments Market Snapshot
8.5. Latin America Digital Payments Market Snapshot
8.6. Rest of The World Digital Payments Market
9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Keyplayer1
9.2.1.1. Key InDurationation
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
.....
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