Press release
Real-Time Payments Market Demand, Growth, Trend, Business Opportunities, Manufacturers and Research Methodology by 2028
The latest released Real-Time Payments Market study has evaluated the future growth potential of global market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers, challenges, opportunities and restraints in the market.Real-time payment market is expected to grow from US$ 12.85 billion in 2021 to US$ 86.89 billion by 2028 with an estimated CAGR of 32.0% from 2022 to 2028.
Financial services companies are recognizing the importance of open banking initiatives and application programming interfaces. Traditional banks understand that they must improve their digital capabilities to compete in the sector and avoid being disintermediated by new entrants with superior offers and services. Open Banking APIs boost a bank's attractiveness and enable it to meet the changing expectations of existing clients and attract new ones. The APIs may also be used as a one-of-a-kind solution to boost customer interaction and respond to consumer requirements in a safe, agile, and future-proof way. Open Banking APIs are significant assets for financial services organizations because they allow them to expand service offerings, boost client interaction, and create new digital income channels, which would offer a significant opportunity for the real-time payment market to expand during the forecasted period.
Download Sample Report (Including Full TOC, List of Tables & Figures, Graphs, and Chart) @ https://www.theinsightpartners.com/sample/TIPRE00013242/?utm_source=OpenPR&utm_medium=10365
Major Key Points of Real-Time Payments Market
• Real-Time Payments Market Overview
• Real-Time Payments Market Competition
• Real-Time Payments Market, Revenue and Price Trend
• Real-Time Payments Market Analysis by Application
• Company Profiles and Key Figures in Real-Time Payments Market
• Market Dynamics
• Methodology and Data Source
The Key Players in The Global Real-Time Payments Market Are:
• ACI Worldwide
• Apple
• FIS
• Fiserv
• Mastercard
• PayPal
• Temenos
• Visa
• Wirecard
• Worldline
MARKET SEGMENTATION
The global real-time payment market is segmented on the basis of component, payment mode, deployment, enterprise size, and industry. Based on component, the real-time payment market is further segmented into solution and services. The solution segment is further subsegmented into payment gateway, payment processing, and payment security and fraud management. By payment mode, the real-time payment market is categorized into person-to-person, person-to-business, business-to-person, and others. In terms of deployment, the real-time payment market is bifurcated into on premise and cloud. Further, from enterprise size point of reference, the market is split into SMEs and large enterprises. Based on industry, the real-time payment market is divided into BFSI, government, retail & ecommerce, IT & telecom, energy & utilities, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global real-time payment market based on various segments. It also provides market size and forecast estimates from 2019 to 2028 with respect to five major regions North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America, which are further fragmented by countries for detailed research survey. The report covers analysis and forecast of 18 countries globally along with current trends and opportunities prevailing in the region.
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Contact Us:
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
ABOUT US:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.
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