Press release
Digital Payment Global Market Size, Share, By Deployment, By Solution, By Mode of Payment, By Enterprise Size, By End Use And Segment Forecasts, 2023-2032 | Alipay, Amazon Pay, Apple Pay, Tencent, Google Pay
As per the digital payments market report by The Business Research Company, Quick onboarding and ease of use are expected to drive the digital payments market. Individuals require flexibility, transparency, and friction-free onboarding.
The global digital payments market will grow from $96.19 billion in 2022 to $111.11 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global digital payments market is expected to grow to $197.87 billion in 2027 at a CAGR of 15.5%.
Read More On The Digital Payments Market Report Here:
https://www.thebusinessresearchcompany.com/report/digital-payments-global-market-report
Major competitors in the digital payments market include Alipay, Amazon Pay, Apple Pay, Tencent, Google Pay, First Data, Paypal, Fiserv, Visa Inc., and MasterCard.
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, Other End Use Industries
• 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, the Middle East, and Africa. Asia-Pacific was the largest region in the Digital payments market.
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Digital payments are a payment mode that uses digital medium such as the internet, cell phones and automated devices to send and receive money. It needs both payer and payee to use the digital means to send and receive money, it is not mandatory in some situations for the payee to use a digital medium to receive money.
The Table Of Content For The Digital Payments Market Include:
1. Executive Summary
2. Digital Payments Market Characteristics
3. Digital Payments Market Trends And Strategies
4. Digital Payments Market - Macro Economic Scenario
5. Digital Payments Market Size And Growth
.....
26. Africa Digital Payments Market
27. Digital Payments Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Payments Market
29. Digital Payments Market Future Outlook and Potential Analysis
30. Appendix
The "Global Digital Payments Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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