Press release
2024 B2B Payments Market Size, Share, Trends, Growth And Key Players Over 2033
B2B Payments Market
The Business Research Company presents an extensive market research report on the B2B Payments Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The B2B payments market size has grown strongly in recent years. It will grow from $1134.94 billion in 2023 to $1239.16 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to globalization and cross-border transactions, demand for faster and secure transactions, regulatory changes and compliance, automation of financial processes, emergence of fintech solutions.
The B2B payments market size is expected to see strong growth in the next few years. It will grow to $1794.55 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to continued global trade growth, focus on working capital optimization, rise of subscription-based services, integration with ERP systems, enhanced data security measures. Major trends in the forecast period include customization of payment solutions for industries, shift towards contactless and mobile payments, enhanced supplier and buyer collaboration platforms, focus on working capital optimization, integration of payment analytics for decision-making.
Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=9045&type=smp
Key Market Players:
Major companies operating in the B2B payments market report are JPMorgan Chase & Co., Bank of America Corporation, Citigroup Inc., American Express Company, Capital One Financial Corporation, Visa Inc., PayPal Holdings Inc., Mastercard Inc., Fiserv Inc., Block Inc., Square Inc., Fidelity National Information Services Inc., Stripe Inc., Global Payments Inc., Ant Group Co., Worldpay Inc., Fleetcor Technologies Inc., Comdata Inc., WEX Inc., ACI Worldwide Inc., Adyen N.V., Bill.com Inc., TransferWise Ltd., Coupa Software Inc., Wise Payments Limited, Payoneer Global Inc., Bottomline Technologies Inc., Flywire Corporation, Paystand Inc., AvidXchange Inc., OnDeck Capital Inc., Divvy Inc., Tipalti Inc., Airwallex, WePay Inc., Billtrust Holdings Inc.
Market Drivers:
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. B2B payments are used in trade business for the rapid exchange of currency or money for goods and services, which plays an important role in export and import deals. For instance, in February 2022, according to the United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization that promotes world trade, the global trade value increased by 25% to reach $28.5 trillion in 2021 compared to 2020. Furthermore, according to the World Trade Organization, a Switzerland -based regulator and facilitator of international trade, global merchandise trade volumes is increase by 3.5% in 2022. Therefore, the growth of global trade is driving the demand for the B2B payments market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/b2b-payments-global-market-report
The B2B payments market covered in this report is segmented -
1) By Payment Type: Domestic Payments, Cross-Border Payments
2) By Payment Mode: Bank Transfer, Cards, Other Payment Modes
3) By Enterprise Size: Large Enterprises, Medium-Sized Enterprises, Small-Sized Enterprises
4) By Industry Vertical: Manufacturing, IT And Telecom, Metals And Mining, Energy And Utilities, Banking, Financial Services And Insurance, Government Sector, Other Industry Vertical
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 2024 B2B Payments Market Size, Share, Trends, Growth And Key Players Over 2033 here
News-ID: 3368108 • Views: …
More Releases from The Business research company
Key Trends Influencing the Growth of the Before The Event (BTE) Insurance Market …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Before The Event (BTE) Insurance Market Through 2025?
In recent years, the "before the event" (BTE) insurance market has been expanding at a robust rate. Its size is projected to increase from $2.42 billion in 2024 to $2.66 billion in 2025, with…
Increasing Adoption Of Contactless Payment Solutions Fuelling The Growth Of The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Banking And Financial Smart Cards Market Through 2025?
The market size for banking and financial smart cards has seen fast-paced growth in the recent past. Forecasts predict the market to rise from $13.63 billion in 2024 to $15.29 billion by 2025, an…
Rising Geopolitical Tensions Fueling The Growth Of The Market Due To Increasing …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Automatic Grenade Launcher Market Through 2025?
The market for automatic grenade launchers has experienced substantial growth over the recent years. It is projected to surge from $1.18 billion in 2024 to $1.26 billion in 2025, recording a compound annual growth rate (CAGR)…
Automated Safe Deposit Lockers Market on Track for Strong Growth, Estimated to G …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Automated Safe Deposit Lockers Market Through 2025?
There has been a rapid expansion in the market size of automated safe deposit lockers in recent years. The market is projected to escalate from a value of $1.60 billion in 2024 to $1.83 billion…
More Releases for B2B
B2B Telecommunication Market Report 2024 - B2B Telecommunication Market Size, Tr …
"The Business Research Company recently released a comprehensive report on the Global B2B Telecommunication Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Global B2B Emails: Premier Destination for Verified B2B Emails and Lead Generati …
Discover how GlobalB2BEmails.com is revolutionizing B2B email acquisition for modern businesses. With a focus on simplicity, affordability, and user satisfaction, GlobalB2BEmails.com empowers businesses to reach their target audience effectively. Experience seamless access to verified B2B emails and unlock new opportunities for growth and success with GlobalB2BEmails.com.
In the digital age, where marketing plays a pivotal role in driving business growth, access to verified B2B emails is essential for success. Amidst the…
B2B Marketplace
All set to redefine India's growing e-commerce sector, DIAL42 is making its way into the B2B marketplace by providing services in four major domains: Transport and Logistics, B2B e-commerce and services, Medical services, and Foods & Beverages. We provide a highly integrated platform which brings together the country's leading manufacturers, suppliers, wholesalers, dealers and retailers for SMEs, MSMEs, and large-scale businesses.
Based in Gurugram, Haryana, DIAL42 is dedicated to simplifying…
Best B2B Service Providers in United States | United States B2B Market Research …
The market research is a proficient process of gathering information linked to the industry, market trends, customer behaviour, demographics and numerous other relevant information of the marketer’s product and services. Market research is an essential for the important of any business: new and existing. Through the market research you get a thorough understanding of your competition and industry. That’s the reason Ken Research convey you with an extreme market research…
Best B2B Service Providers in Thailand, Thailand B2B Market Research Reports - K …
Thailand has made the remarkable progress in the social and economic improvement, shifting from a low-income to an upper middle-income region in less than a generation. As such, Thailand has been a broadly cited improvement accomplish story, with sustained robust growth and impressive poverty deduction.
In addition, Thailand is renowned for its universal health care program (UHC) and accomplishment in the child nutrition, but quality of education remains a feeble…
B2B Data Exchange Market Is Booming Worldwide | Informatica, EIX Systems, Adepti …
HTF MI recently introduced Global B2B Data Exchange Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Informatica, EIX Systems, Adeptia, Inc., B2B Commerce (M) Sdn. Bhd.…
