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Buy Now Pay Later Global Market 2023 - Growth Opportunities, Top Countries, Future Trends, Revenue And Outlook 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Buy Now Pay Later Market Size, Growth Rate, And Forecast
The global buy now, pay later market size grew from $105.15 billion in 2022 to $155.79 billion in 2023 at a compound annual growth rate (CAGR) of 48.2%. 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 buy now, pay later market size is expected to grow to $744.06 billion in 2027 at a CAGR of 47.8%.
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Buy Now Pay Later Market Drivers
An increase in the adoption of online payment methods is expected to propel the growth of the buy-now-pay-later market going forward. Online payments refer to payments that are made for goods or services that have been purchased online or offline. With the buy now, pay later option, customers can make small-ticket purchases both offline and online and make fast payments.
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Buy Now Pay Later Market Segments
• By Channel: Online, POS
• By Enterprise Size: Large Enterprises, Small and Medium Enterprises
• By End Use: Consumer Electronics, Fashion and Garment, Healthcare, Leisure and Entertainment, Retail, Others End-User
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Buy Now Pay Later market.
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Buy Now Pay Later Market Key Players
Major competitors in the Buy Now Pay Later market include Paytm Postpaid, PayPal Holdings Inc., Affirm Inc., Klarna Inc., Splitit, Sezzle, Perpay Inc., Openpay, Quadpay Inc.
The Business Research Company's "Global Buy Now Pay Later Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Buy Now Pay Later Market Include:
1. Executive Summary
2. Buy Now Pay Later Market Characteristics
3. Buy Now Pay Later Market Trends And Strategies
4. Buy Now Pay Later Market - Macro Economic Scenario
5. Buy Now Pay Later Market Size And Growth
......................
26. Africa Buy Now Pay Later Market
27. Buy Now Pay Later Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Buy Now Pay Later Market
29. Buy Now Pay Later Market Future Outlook and Potential Analysis
30. Appendix
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