Buy Now Pay Later Market Amplifies with Easy Availability of Credit

The Buy Now Pay Later Market Analysis, 2022, by MarkNtel Advisors presents a well-researched, detail-driven, and accurate study for the stakeholders. This analysis entails prominent aspects like trends, & recent developments, drivers, opportunities, challenges, & restraints, among other parameters, influencing the overall industry expansion across different locations.

According to Global Buy Now Pay Later Market Research Report: Forecast (2022-2027), "The market is projected to grow at a CAGR of 23.58% during the forecast period, 2022-27. The growth is aided by the low disposable income amongst consumers with the demand for discretionary products such as electronics, furniture, etc., combined with market participants taking steps in expanding and catering to consumer needs, launching interest-free buy now pay later installments, and such." This report comprises data from historic years (2022-27) & the base year (2021) to put together an estimation of the forecast period (2022-27).

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Segmentation & Regional Analysis

The Global Buy Now Pay Later Market is highly fragmented and comprises various bifurcations. These sections cover information on opportunities & challenges faced by the players, fluctuations in the demand, supply, revenue generation, size, sales, profits, volume, & price, among other parameters, to help stakeholders attain an overview of the external factors influencing the industry expansion. The Global Buy Now Pay Later Market bifurcates into the following segmentations:

By Sales Channel

-Online

-Point of Sales

By Application

-Healthcare

-Clothing & Accessories

-Media & Entertainment

-Travel & Leisure

-Consumer Electronics

-Others

By End User Age Group

-18-34 years

-35-54 years

-Above 54 years

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Higher Presence of Fintech Services Keeps North America at The Top

"Globally, North America has been showing a noticeable market growth during the historical period. Because of the higher presence of Fintech service providers with competitive portfolio offerings, the market has experienced demand for buy now pay later services. Moreover, the increasing partnerships among the buy now pay later & entertainment service providers across the region, providing consumers with attractive discounts, rewards & loyalties, has brought a gradual increase in the industry growth," further states the research report by Markntel Advisors.

Competitive Projection & Analysis

From a competitive point of view, the Global Buy Now Pay Later Market is robust. The research report comprises an exhaustive analysis of the key players operating in the industry and their role in the expansion. Out analysts bring data in the section covering key strategies of the players adopted to sustain amidst the dynamic market & yield higher profits.

The researchers at Markntel Advisors have rigorously profiled each company operating in the industry, offering insights to the stakeholders about the competition and allowing them to strategize their tactics using the data put together in the report. This information comprises the recent developments, mergers & acquisitions, product/service launches, expansion plans, & opportunities utilized to attain revenue, alongside the role & participation of the governments and more.

The prominent players profiled in the report include Klarna, Afterpay, Affirm Inc., Laybuy Group Holdings Limited, PayPal Holding Inc., Kredivo, Zip Co. Ltd., Splitit, Sezzel, Amazon, Flipkart, Scalapay S.R.L., Perpay Inc., Paytm, PayI8r, Others

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Customization Available

To avail of exciting offers & customization services on the report, reach out to MarkNtel Advisors and get a personalized analysis of the Global Buy Now Pay Later Market. Out researchers compile data for the stakeholders, incorporating all the prominent aspects influencing the industry expansion alongside the particular chapters requested. This detail-driven, unbiased, and accurate data on grounds curating the fundamentals underlying the market potential & lucrative opportunities shall benefit the investors in numerous ways in the future.

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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