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B2B Payments Global Market Research Report Size is Expected to Reach $1,603.00 Billion at a CAGR of 9.0% By 2027 | Mastercard Inc., Payoneer Global Inc., PayPal Holdings Inc., Block Inc., Stripe Inc.
B2B Payments Market
The Business Research Company's B2B Payments Global Market Report 2023 identifies the Growing global trade is expected to propel the B2B payments market going forward. Trade refers to the selling and buying of items, goods, and services between two firms, countries, or groups of people with the sole purpose of making a profit, when it is done internationally it is referred to as global trade.
The global B2B payments market size is expected to grow from $1,043.16 billion in 2022 to $1,136.60 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. 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 B2B payments market size is expected to reach $1,603.00 billion in 2027 at a CAGR of 9.0%.
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Major players in the B2B payments market are American Express Company, Bank of America Corporation, Capital One Financial Corporation, Mastercard Inc., Payoneer Global Inc., PayPal Holdings Inc., Block Inc., Stripe Inc., TransferWise Ltd., Visa Inc., JPMorgan Chase & Co, Paystand Inc., Citigroup Inc., Wise Payments Limited, Bottomline Technologies Inc., Ant Group Co, and Coupa Software Inc.
Product innovations are a key trend gaining popularity in the B2B payments market. Major companies operating in the B2B payments market are focused on developing new technological solutions to strengthen their position.
Read More On The Global B2B Payments Market Report Here:
https://www.thebusinessresearchcompany.com/report/b2b-payments-global-market-report
The B2B Payments Market Is Segmented -
• By Payment Type: Domestic Payments, Cross-Border Payments
• By Payment Mode: Bank Transfer, Cards, Other Payment Modes
• By Enterprise Size: Large Enterprises, Medium-Sized Enterprises, Small-Sized Enterprises
• By Industry Vertical: Manufacturing, IT And Telecom, Metals And Mining, Energy And Utilities, Banking, Financial Services And Insurance, Government Sector, Other Industry Vertical
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the B2B Payments market.
The Business Research Company's "Global B2B 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 B2B Payments Market Include:
1. Executive Summary
2. B2B Payments Market Characteristics
3. B2B Payments Market Trends And Strategies
4. B2B Payments Market - Macro Economic Scenario
5. B2B Payments Market Size And Growth
.....
26. Africa B2B Payments Market
27. B2B Payments Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The B2B Payments Market
29. B2B Payments Market Future Outlook and Potential Analysis
30. Appendix
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