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Digital Payments Market Opportunities And Strategies Report 2022: Trend Analysis, Segmentation, Strong Growth Propspects, Industry Status And Forecast 2030 || Paypal Holdings Inc., Ant Group, Amazon.com, Inc
Global Digital Payments Market
According to The Business Research Company's digital payments market report, the global digital payments market reached a value of nearly $83,531.1 million in 2020, having increased at a compound annual growth rate (CAGR) of 4.2% since 2015. The global digital payments market size is expected to grow from $83,531.1 million in 2020 to $125,014.4 million in 2025 at a rate of 8.4%. The global digital payments market size is then expected to grow at a CAGR of 8.1% from 2025 and reach $184,923.4 million in 2030.
The digital payments market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Digital payments play a major role in improving the payments ecosystem across departments with various use cases that can cover multiple C2G (Citizen to Government payments), G2C (Government to Citizen) payments which ensure enhanced efficiency and security by reducing the dependency on cash. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. The development of smart cities is expected to act as a driver for the digital payments market in the forecast period.
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The digital payments market is segmented -
• By Mode Of Payment: Point Of Sale, Online Sale
• By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation
• By Deployment: Cloud, On-Premise
• By Enterprise: Large Enterprises, Small And Medium Enterprises
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the global digital payments market.
Major competitors in the digital payments market include Paypal Holdings Inc., Ant Group, Amazon.com, Inc., Visa Inc., Apple Inc.
See The Full Digital Payments Market Report Here:
https://www.thebusinessresearchcompany.com/report/digital-payments-market
The digital payments market consists of sales of digital payment services by entities (organizations, sole traders and partnerships) that provide all the transactions that take place across the digital medium along with the associated products and services. Digital payment is a payment mode that uses a digital medium such as mobile wallets, bank cards, point of sale (POS), internet banking and other devices to send and receive money. Digital payment is a way of making payment through digital modes where the payers and payees exchange funds digitally.
The Table Of Content For The Digital Payments Market Include:
1. Digital Payments Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
7. Digital Payments Market Characteristics
……
20. Global Digital Payments Market Competitive Landscape And Company Profiles
21. Key Mergers And Acquisitions In The Digital Payments Market
22. Digital Payments Market Opportunities And Strategies
23. Digital Payments Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Digital Payments Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. 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. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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