Global Digital Payments Market Report 2024

Digital Payments Global Market Report 2024 – By Mode Of Payment (Point Of Sale, Online Sale), By End-User Industry (Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others), By Deployment (Cloud, On-Premise), By Enterprise (Large Enterprises, Small And Medium Enterprises) – Market Size, Trends, And Global Forecast 2024-2033

Digital Payments Global Market Report 2024

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Digital Payments Market Definition

Digital payments are a payment mode that uses digital mediums such as the internet, cell phones, and automated devices to send and receive money. It needs both the payer and the payee to use digital means to send and receive money; it is not mandatory in some situations for the payee to use a digital medium to receive money.

The main types of digital payments market are point of sale and online sales. Online sales refer to the sales of products and payments made online. The various deployments are cloud-based and on-premise, which are used by large enterprises and small and medium enterprises. The services are used in retail, banking and financial services, telecommunications, government, transportation, and others.

Digital Payments Market Segmentation

The digital payments market covered in this report is segmented –

1) By Mode Of Payment: Point Of Sale, Online Sale

2) By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others

3) By Deployment: Cloud, On-Premise

4) By Enterprise: Large Enterprises, Small And Medium Enterprises

Global Digital Payments Market Size 2023 to 2028: Graph

Digital Payments Market Size 2024 And Growth Rate

The digital payments market size has grown strongly in recent years. It will grow from $115.93 billion in 2023 to $126.47 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased internet penetration, government initiatives in developing economies, rising penetration of e-commerce and increased availability of mobile devices.

Digital Payments Market Growth Forecast

The digital payments market size is expected to see strong growth in the next few years. It will grow to $180.26 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to the increasing smart cities, government initiatives for digital payments, internet of things (iot), increasing adoption of 5g networks, increase in internet penetration and covid-19. Major trends in the forecast period include offering digital wallet services to increase convenience for customers, offering wearable payment devices for quicker payments, investing in qr based payments technologies to cater to a wider audience, making robust contactless payment options for consumers, investing in ai solutions in order to improve the efficiency, investing in blockchain technologies to offer easily interoperable, efficient, affordable and accessible financial systems and payment solutions in fuel stations to reduce operational costs.

Digital Payments Market Driver: Robust Mobile Payment Adoption Boosts Growth In The Digital Payments Market

Quick onboarding and ease of use are expected to drive the digital payment market. Individuals require flexibility, transparency, and friction-free onboarding. They are more attracted to methods that are frictionless, and as a result, software innovators such as Square and PayPal are using automation to decrease the onboarding time to a few minutes. Digital payments are very easy to use compared to conventional methods, as they only require a bank account or phone number and a smartphone with an internet facility. For instance, according to new data compiled by Taiwan's government, out of a population of about 23 million, nearly 10 million are mobile payment users. The ease of adoption increases the number of users, thereby contributing to the growth of the digital payments market.

Digital Payments Market Driver: Digital Transformation Reshaping Banking And Payment Operations

A digital transformation within the banking, financial services, and insurance industries is expected to propel the growth of the digital payment market going forward. Digital transformation within banking, financial services, and insurance (BFSI) refers to integrating digital technologies and strategies to enhance customer experiences, streamline operations, and improve competitiveness in the industry. This digital transformation allows customers to manage their accounts, make transactions, and initiate payments through digital channels, fostering the use of digital payments. For instance, in May 2023, according to a report published by Alkami Technology Inc., a US-based company providing cloud-based digital banking solutions for financial institutions, in fiscal year 2022, mid-size banks and credit unions significantly increased their digital transformation investments, reaching nearly $425,000 per $1 billion in assets, compared to $200,000 per $1 billion in assets in fiscal 2021. Moreover, adoption of peer-to-peer payments increased among digital banking users in 2022, rising from 12% to 25%. Therefore, digital transformation within the banking, financial services, and insurance industries will drive the growth of the digital payment market.

Global Digital Payments Market Major Players

Major companies operating in the digital payments market report are Paypal Holdings Inc., Ant Group, Amazon.com, Inc., Visa Inc., Apple Inc., Google Pay, Mastercard Incorporated, JP Morgan Chase & Co., Fiserv Inc., ACI Worldwide Inc., PayUmoney, Paytm, CCAvenue, Razorpay, Instamojo, Cashfree, Line Pay, Rakuten Pay, Origami Pay, D-barai, AliPay, WeChatPay, UnionPay, 99Bill, PayEase, Worldpay, Stripe, Shopify Payments, Opayo, Adyen, SystemPay International, Novalnet, Wirecard, Sberbank Online, Yandex Money, QIWI, WebMoney, Tinkoff Bank, Cielo, Rede, Getnet S, toneCo, GlobalCollect, Lyra Network, Paybox Services, CASHU, Trriple, Monami Tech, DPO Group, MTN Group Limited, Flutterwave, M-Pesa, Coruscate’s Alexpay, Digipay, Software Group, Kineto

Global Digital Payments Market Restraint: Security Breaches Pose A Threat To The Global Digital Payments Market

A breach in security is expected to hinder the digital payments market globally. The increase in the digitalization of payments has led to security breaches, incurring losses to merchants and customers as well. According to the 2022 AFP Payments Fraud and Control Survey, 71% of the respondent organizations were victims of payment fraud or attempted fraud. The threat of security thereby hinders the digital payment market.

Global Digital Payments Market Trend: Contactless Payment Technology Reshapes The Digital Payments Market

Contactless payment technology is soaring in the digital payment market. Many users are increasingly opting for contactless payment technologies such as mobile wallets, contactless cards, and others, as they are more secure and convenient to use. Contactless payment technology uses radio frequency identification (RFID) or near-field communication (NFC) for the transmission of amounts among users. Mobile payments transaction volume reached $1.7 billion in 2021, which was a 27% increase as compared to 2020.

Global Digital Payments Market Trend: Elevating Digital Payment Market With Voice Recognition

Major companies operating in the digital payment market are adopting innovative solutions such as, voice recognition technology-based solutions 123 UPI to sustain their position in the market. 123 UPI is a speech recognition-based payment solution, enhancing digital payment accessibility in various Indian languages through any phone. For instance, in February 2023, Ubona Technologies, an India-based speech recognition company, introduced 123 UPI, an innovative speech recognition-based payment solution that enables users to conduct digital transactions in their chosen Indian language using any type of phone, making it accessible and user-friendly for a diverse audience.

Digital Payments Market Merger And Acquisition: Razorpay Boosts Digital Payments Infrastructure With 80% Acquisition Of Ezetap

In August 2022, Razorpay, an India-based fintech startup, acquired 80% of Ezetap for an undisclosed amount. The acquisition would strengthen the digital payments infrastructure of Razorpay and help it better serve its customers. Ezetap is an india-based digital payments startup.

Regional Analysis For The Global Digital Payments Market

Asia-Pacific was the largest region in the digital payments market in 2023. Western Europe was the second largest region in the digital payments market report. The regions covered in the digital payments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the digital payments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The digital payments market consists of revenues earned by entities that are engaged in facilitating payment transfers through digital medium such as the internet, cell phones and automated devices. The payments industry consists of establishments primarily engaged in processing money transfers and payments between various accounts. This includes all institutions involved in payment processing such as banks, non-banking financial institutions, and others. Revenue generated from the payments market includes all the processing and services fees levied by the banks and financial institutions for payment processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The digital payments market research report is one of a series of new reports from The Business Research Company that provides digital payments market statistics, including digital payments industry global market size, regional shares, competitors with digital payments market share, detailed digital payments market segments, market trends and opportunities, and any further data you may need to thrive in the digital payments industry. The digital payments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Digital Payments Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $126.47 billion
Revenue Forecast In 2033 $180.26 billion
Growth Rate CAGR of 9.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Mode Of Payment: Point Of Sale, Online Sale
2) By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others
3) By Deployment: Cloud, On-Premise
4) By Enterprise: Large Enterprises, Small And Medium Enterprises
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Paypal Holdings Inc.; Ant Group; Amazon.com, Inc.; Visa Inc.; Apple Inc.; Google Pay; Mastercard Incorporated; JP Morgan Chase & Co.; Fiserv Inc.; ACI Worldwide Inc.; PayUmoney; Paytm; CCAvenue; Razorpay; Instamojo; Cashfree; Line Pay; Rakuten Pay; Origami Pay; D-barai; AliPay; WeChatPay; UnionPay; 99Bill; PayEase; Worldpay; Stripe; Shopify Payments; Opayo; Adyen; SystemPay International; Novalnet; Wirecard; Sberbank Online; Yandex Money; QIWI; WebMoney; Tinkoff Bank; Cielo; Rede; Getnet S; toneCo; GlobalCollect; Lyra Network; Paybox Services; CASHU; Trriple; Monami Tech; DPO Group; MTN Group Limited; Flutterwave; M-Pesa; Coruscate’s Alexpay; Digipay; Software Group; Kineto
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Digital Payments Market Characteristics

    3. Digital Payments Market Trends And Strategies

    4. Digital Payments Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Digital Payments Market Size and Growth

    5.1. Global Digital Payments Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Digital Payments Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Digital Payments Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Digital Payments Market Segmentation

    6.1. Global Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Point Of Sale

    Online Sale

    6.2. Global Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Large Enterprises

    Small And Medium Enterprises

    6.3. Global Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Retail

    Banking And Financial Service

    Telecommunication

    Government

    Transportation

    Other End Use Industries

    7. Digital Payments Market Regional And Country Analysis

    7.1. Global Digital Payments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Digital Payments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Digital Payments Market

    8.1. Asia-Pacific Digital Payments Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Digital Payments Market

    9.1. China Digital Payments Market Overview

    9.2. China Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Digital Payments Market

    10.1. India Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Digital Payments Market

    11.1. Japan Digital Payments Market Overview

    11.2. Japan Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Digital Payments Market

    12.1. Australia Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Digital Payments Market

    13.1. Indonesia Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Digital Payments Market

    14.1. South Korea Digital Payments Market Overview

    14.2. South Korea Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Digital Payments Market

    15.1. Western Europe Digital Payments Market Overview

    15.2. Western Europe Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Digital Payments Market

    16.1. UK Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Digital Payments Market

    17.1. Germany Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Digital Payments Market

    18.1. France Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Digital Payments Market

    19.1. Italy Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Digital Payments Market

    20.1. Spain Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Digital Payments Market

    21.1. Eastern Europe Digital Payments Market Overview

    21.2. Eastern Europe Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Digital Payments Market

    22.1. Russia Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Digital Payments Market

    23.1. North America Digital Payments Market Overview

    23.2. North America Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Digital Payments Market

    24.1. USA Digital Payments Market Overview

    24.2. USA Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Digital Payments Market

    25.1. Canada Digital Payments Market Overview

    25.2. Canada Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Digital Payments Market

    26.1. South America Digital Payments Market Overview

    26.2. South America Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Digital Payments Market

    27.1. Brazil Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Digital Payments Market

    28.1. Middle East Digital Payments Market Overview

    28.2. Middle East Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Digital Payments Market

    29.1. Africa Digital Payments Market Overview

    29.2. Africa Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Digital Payments Market Competitive Landscape And Company Profiles

    30.1. Digital Payments Market Competitive Landscape

    30.2. Digital Payments Market Company Profiles

    30.2.1. Paypal Holdings Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Ant Group

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Amazon.com, Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Visa Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Apple Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Digital Payments Market Other Major And Innovative Companies

    31.1. Google Pay

    31.2. Mastercard Incorporated

    31.3. JP Morgan Chase & Co.

    31.4. Fiserv Inc.

    31.5. ACI Worldwide Inc.

    31.6. PayUmoney

    31.7. Paytm

    31.8. CCAvenue

    31.9. Razorpay

    31.10. Instamojo

    31.11. Cashfree

    31.12. Line Pay

    31.13. Rakuten Pay

    31.14. Origami Pay

    31.15. D-barai

    32. Global Digital Payments Market Competitive Benchmarking

    33. Global Digital Payments Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Digital Payments Market

    35. Digital Payments Market Future Outlook and Potential Analysis

    35.1 Digital Payments Market In 2028 - Countries Offering Most New Opportunities

    35.2 Digital Payments Market In 2028 - Segments Offering Most New Opportunities

    35.3 Digital Payments Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Digital Payments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Digital Payments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Paypal Holdings Inc. Financial Performance
  • Table 75: Ant Group Financial Performance
  • Table 76: Amazon.com, Inc. Financial Performance
  • Table 77: Visa Inc. Financial Performance
  • Table 78: Apple Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Digital Payments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Digital Payments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Digital Payments Market, Segmentation By Mode Of Payment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Digital Payments Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Digital Payments Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Paypal Holdings Inc. Financial Performance
  • Figure 75: Ant Group Financial Performance
  • Figure 76: Amazon.com, Inc. Financial Performance
  • Figure 77: Visa Inc. Financial Performance
  • Figure 78: Apple Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the digital payments market?

Digital payments are a payment mode that uses digital mediums such as the internet, cell phones, and automated devices to send and receive money. It needs both the payer and the payee to use digital means to send and receive money; it is not mandatory in some situations for the payee to use a digital medium to receive money. For further insights on the digital payments market, request a sample here

How will the digital payments market drivers and restraints affect the digital payments market dynamics? What forces will shape the digital payments industry going forward?

The digital payments market major growth driver - Robust Mobile Payment Adoption Boosts Growth In The Digital Payments Market. For further insights on the digital payments market, request a sample here

What is the forecast market size or the forecast market value of the digital payments market?

The digital payments market size has grown strongly in recent years. It will grow from $115.93 billion in 2023 to $126.47 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased internet penetration, government initiatives in developing economies, rising penetration of e-commerce and increased availability of mobile devices. The digital payments market size is expected to see strong growth in the next few years. It will grow to $180.26 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to the increasing smart cities, government initiatives for digital payments, internet of things (iot), increasing adoption of 5g networks, increase in internet penetration and covid-19. Major trends in the forecast period include offering digital wallet services to increase convenience for customers, offering wearable payment devices for quicker payments, investing in qr based payments technologies to cater to a wider audience, making robust contactless payment options for consumers, investing in ai solutions in order to improve the efficiency, investing in blockchain technologies to offer easily interoperable, efficient, affordable and accessible financial systems and payment solutions in fuel stations to reduce operational costs. For further insights on the digital payments market, request a sample here

How is the digital payments market segmented?

The digital payments market is segmented
1) By Mode Of Payment: Point Of Sale, Online Sale
2) By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others
3) By Deployment: Cloud, On-Premise
4) By Enterprise: Large Enterprises, Small And Medium Enterprises For further insights on the digital payments market,
request a sample here

Which region has the largest share of the digital payments market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the digital payments market in 2023. Western Europe was the second largest region in the digital payments market report. The regions covered in the digital payments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the digital payments market, request a sample here.

Who are the major players in the digital payments market?

Major companies operating in the digital payments market report are Paypal Holdings Inc., Ant Group, Amazon.com, Inc., Visa Inc., Apple Inc., Google Pay, Mastercard Incorporated, JP Morgan Chase & Co., Fiserv Inc., ACI Worldwide Inc., PayUmoney , Paytm , CCAvenue , Razorpay , Instamojo , Cashfree , Line Pay , Rakuten Pay , Origami Pay , D-barai , AliPay , WeChatPay , UnionPay , 99Bill , PayEase, Worldpay , Stripe , Shopify Payments , Opayo , Adyen , SystemPay International , Novalnet , Wirecard, Sberbank Online , Yandex Money , QIWI , WebMoney, Tinkoff Bank, Cielo , Rede , Getnet S, toneCo, GlobalCollect , Lyra Network , Paybox Services , CASHU , Trriple , Monami Tech , DPO Group, MTN Group Limited , Flutterwave , M-Pesa , Coruscate’s Alexpay , Digipay , Software Group, Kineto For further insights on the digital payments market, request a sample here.

What are the key trends in the digital payments market?

Major trend in the digital payments market - Contactless Payment Technology Reshapes The Digital Payments Market. For further insights on the digital payments market, request a sample here.

What are the major opportunities in the digital payments market? What are the strategies for the digital payments market?

For detailed insights on the major opportunities and strategies in the digital payments market, request a sample here.

How does the digital payments market relate to the overall economy and other similar markets?

For detailed insights on digital payments market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the digital payments industry?

For detailed insights on the mergers and acquisitions in the digital payments industry, request a sample here.

What are the key dynamics influencing the digital payments market growth? SWOT analysis of the digital payments market.

For detailed insights on the key dynamics influencing the digital payments market growth and SWOT analysis of the digital payments industry, request a sample here.