Press release
Payments Global Market By Component, By Type, Technology, Application, Size, Share, Trends, Growth, Industry Vertical, Growth Opportunity And Regional Forecast, 2022-2031
The global payments market size is expected to grow from $208.25 billion in 2021 to $227.54 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The global payments market is then expected to grow to $316.84 billion in 2026 at a CAGR of 8.6%.The Business Research Company offers the Payments Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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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.
Some key payments market players are PayPal, Square Inc., Apple Inc, Amazon Payments, Flagship Merchant Services, GoCardless, Bitpay, Stripe, Payline Data, FIS., ACI Worldwide, MasterCard, Fiserv.
The countries covered in the global payments market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global payments market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Payments Market Segmentation:
1) By Type
Credit Transfer
Direct Debit
Check Payment
Cash Deposit
2) By Application
Banks
Non-Banking Financial Institutions
3) By End-User Industry
Retail
Banking and Financial Service
Telecommunication
Government
Transportation
See more on the report at https://www.thebusinessresearchcompany.com/report/payments-global-market-report
The Report's 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
This report covers the trends and market dynamics of the payments market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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