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Real Time Payments Global Market Size, Share, Growth, Trends, Opportunity And Forecast, 2022-2032 | Major Players: ACI Worldwide, FIS Corporation, Fiserv Inc., Mastercard Inc., Visa Inc.
Real Time Payments Market
The Business Research Company's Real Time Payments Global Market Report 2023 identifies the increasing penetration of smartphones is expected to propel the growth of the real-time payment market going forward. A smartphone is a portable electrical device that combines a computer with high-tech features that weren't previously seen in telephones, such an operating system, web browsing, and the capacity to run software programs.
The global real-time payments market size grew from $21.44 billion in 2022 to $28.61 billion in 2023 at a compound annual growth rate (CAGR) of 33.4%. 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 real-time payments market size is expected to grow to $91.54 billion in 2027 at a CAGR of 33.7%.
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Major players in the real-time payments market are ACI Worldwide, FIS Corporation, Fiserv Inc., Mastercard Inc., Visa Inc., Temenos AG, Wirecard AG, Capgemini SE, Finastra Limited, Montran Corporation Ltd., Ripple, PelicanFast, IntegraPay, Worldpay Inc., and Volante Technologies Inc.,
Technological advancements have emerged as a key trend gaining popularity in the real-time payments market. Major companies operating in the real-time payments sector are focused on developing new technologies to strengthen their position in the market.
Read More On The Global Real Time Payments Market Report Here:
https://www.thebusinessresearchcompany.com/report/real-time-payments-global-market-report
The Real Time Payments Market Is Segmented -
• By Component: Solutions, Services
• By Type: Person-to-Person (P2P), Person-to-Business (P2B), Business-to-Person (B2P), Others (Business-to-Government (B2G), Government-to-Business (G2B), Business-to-Business (B2B), Person-to-Government (P2G), and Government-to-Person (G2P))
• By Enterprise Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises
• By Deployment: On-Premise, Cloud
• By End Users: Retail and E-commerce, Government and Utilities, Healthcare, Telecom and IT, Travel and Hospitality, BFSI, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Real Time Payments market.
The Business Research Company's "Global Real Time Payments Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Real Time Payments Market Include:
1. Executive Summary
2. Real Time Payments Market Characteristics
3. Real Time Payments Market Trends And Strategies
4. Real Time Payments Market - Macro Economic Scenario
5. Real Time Payments Market Size And Growth
.....
26. Africa Real Time Payments Market
27. Real Time Payments Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Real Time Payments Market
29. Real Time Payments Market Future Outlook and Potential Analysis
30. Appendix
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