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Global Digital Payments Market Size study, 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)and Regional Forecasts 2021-2027

  • BIZ4386095
  • 200 Pages
  • May 2021
  • ICT & Media
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Global digital payments market is was valued at $5058.96 billion in 2020and is anticipated to grow with a healthy growth rate of more than 11.1 % over the forecast period 2021-2027. Digital payment is a type of payment mechanism that uses electronic mediums to exchange money. The transaction takes place via electronic or digital medium. Easy to use and quick is the main feature of digital payments which also drives its growth. The ease of adoption increases the number of users, thereby contributing to the growth of the market. For instance, according to new data compiled by Taiwan's government, a population of about 23 million, nearly 10 million are mobile payments users. However, (Restraint) breach in security is still a main threat for the growth of the market. In addition to this, Cybercrimes and Cyberattacks also possesses threat towards the security of digital Payments. According to the Mumbai Police Cyber Cell the number of E-wallet frauds and digital payments crimes rose up to 70% in 2020. India on average is hit by 375 cyberattacks each day in 2020. It is also estimated that in the first nine months of 2020 organizations and individuals have suffered a loss of US $ 6 trillion due to cybercrimes and frauds. All these problems hinders the digital payments market. Also, Blockchain & Data Mining is the technology for the cryptocurrencies which is a type of digital money. Blockchain allows the user to buy and sell digital goods. Block chain has the ability to produce tremendous results in the field of payments. It is a highly secure, transparent and decentralized public ledger. Blockchain has the ability to transform and create entirely new economic models.

The regional analysis of global Digital Payments market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America dominates the digital payment markets. In the year 2020 it accounted for 35% of the share of total revenue. Europe and Asia Pacific are expected to be the fastest growing market. European Government has made efforts to launch European payment initiative. This initiatives focuses on creating a unified payment solution for merchants and consumers across Europe. The growth of Asia Pacific region is the result of emerging industries and the rising population along with the increase in smartphone users.

Major market player included in this report are:

Alipay

Amazon Pay

Apple Pay

Tencent

Google Pay

First Data

Paypal

Fiserv

Visa Inc.

MasterCard.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By mode of payment:

Point of sale

Online sale

By End User Industry:

Banking & Financial Sectors

Hotels & Restaurants

E-Commerce

Retail

Corporate Sectors

Public Sectors

Healthcare

Transportation & Telecommunication

Others

By Deployment:

Cloud

On-Premise

By Enterprise:

Large Enterprises

Small Enterprises

Medium Enterprises

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Digital Payments Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1.Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Digital Payments Market, by Region, 2019-2027 (USD Billion)

1.2.2. Digital Payments Market, by Mode of Payment, 2019-2027 (USD Billion)

1.2.3. Digital Payments Market, by End User Industry, 2019-2027 (USD Billion)

1.2.4. Digital Payments Market, by Deployment 2019-2027 (USD Billion)

1.2.5. Digital Payments Market, by Enterprise 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Digital Payments Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Digital Payments Market Dynamics

3.1. Digital Payments Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Easy to use and quick

3.1.1.2. The ease of adoption

3.1.2. Market Challenges

3.1.2.1. Breach in security

3.1.3. Market Opportunities

3.1.3.1. Block chain & Data Mining

Chapter 4. Global Digital Payments Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Digital Payments Market, by Mode of Payment

5.1. Market Snapshot

5.2. Global Digital Payments Market by Mode of Payment, Performance - Potential Analysis

5.3. Global Digital Payments Market Estimates & Forecasts by Mode of Payment 2018-2027 (USD Billion)

5.4. Digital Payments Market, Sub Segment Analysis

5.4.1. Point Of Sale

5.4.2. Online Sale

Chapter 6. Global Digital Payments Market, by End User Industry

6.1. Market Snapshot

6.2. Global Digital Payments Market by End User Industry, Performance - Potential Analysis

6.3. Global Digital Payments Market Estimates & Forecasts by End User Industry 2018-2027 (USD Billion)

6.4. Digital Payments Market, Sub Segment Analysis

6.4.1. Retail, Banking And Financial Service,

6.4.2. Telecommunication,

6.4.3. Government

6.4.4. Transportation,

Chapter 7. Global Digital Payments Market, by Deployment

7.1. Market Snapshot

7.2. Global Digital Payments Market by Deployment , Performance - Potential Analysis

7.3. Global Digital Payments Market Estimates & Forecasts by Deployment 2018-2027 (USD Billion)

7.4. Digital Payments Market, Sub Segment Analysis

7.4.1. Cloud

7.4.2. On-Premise

Chapter 8. Global Digital Payments Market, by Enterprise

8.1. Market Snapshot

8.2. Global Digital Payments Market by Enterprise, Performance - Potential Analysis

8.3. Global Digital Payments Market Estimates & Forecasts by Enterprise 2018-2027 (USD Billion)

8.4. Digital Payments Market, Sub Segment Analysis

8.4.1. Large

8.4.2. Medium

8.4.3. Small

Chapter 9.

Chapter 10. Global Digital Payments Market, Regional Analysis

10.1. Digital Payments Market, Regional Market Snapshot

10.2. North America Digital Payments Market

10.2.1. U.S. Digital Payments Market

10.2.1.1. Mode of Payment breakdown estimates & forecasts, 2018-2027

10.2.1.2. End User Industry breakdown estimates & forecasts, 2018-2027

10.2.1.3. Deployment breakdown estimates & forecasts, 2018-2027

10.2.1.4. Enterprise breakdown estimates & forecasts, 2018-2027

10.2.2. Canada Digital Payments Market

10.3. Europe Digital Payments Market Snapshot

10.3.1. U.K. Digital Payments Market

10.3.2. Germany Digital Payments Market

10.3.3. France Digital Payments Market

10.3.4. Spain Digital Payments Market

10.3.5. Italy Digital Payments Market

10.3.6. Rest of Europe Digital Payments Market

10.4. Asia-Pacific Digital Payments Market Snapshot

10.4.1. China Digital Payments Market

10.4.2. India Digital Payments Market

10.4.3. Japan Digital Payments Market

10.4.4. Australia Digital Payments Market

10.4.5. South Korea Digital Payments Market

10.4.6. Rest of Asia Pacific Digital Payments Market

10.5. Latin America Digital Payments Market Snapshot

10.5.1. Brazil Digital Payments Market

10.5.2. Mexico Digital Payments Market

10.6. Rest of The World Digital Payments Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Alipay

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. Amazon Pay

11.2.3. Apple Pay

11.2.4. Tencent

11.2.5. Google Pay

11.2.6. First Data

11.2.7. Paypal

11.2.8. Fiserv

11.2.9. Visa Inc.

11.2.10. MasterCard.

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Digital Payments market, report scope

TABLE 2. Global Digital Payments market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Digital Payments market estimates & forecasts by Mode of Payment 2018-2027 (USD Billion)

TABLE 4. Global Digital Payments market estimates & forecasts by End User Industry 2018-2027 (USD Billion)

TABLE 5. Global Digital Payments market estimates & forecasts by Deployment2018-2027 (USD Billion)

TABLE 6. Global Digital Payments market estimates & forecasts by Enterprise 2018-2027 (USD Billion)

TABLE 7.

TABLE 8. Global Digital Payments market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Digital Payments market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Digital Payments market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Digital Payments market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Digital Payments market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Digital Payments market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Digital Payments market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Digital Payments market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Digital Payments market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Digital Payments market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. U.S. Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. U.S. Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 20. U.S. Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. Canada Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Canada Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. Canada Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. UK Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. UK Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. UK Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Germany Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. Germany Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. Germany Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. RoE Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. RoE Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. RoE Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. China Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. China Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. China Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. India Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. India Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. India Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Japan Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. Japan Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Japan Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. RoAPAC Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. RoAPAC Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. RoAPAC Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Brazil Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. Brazil Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. Brazil Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. Mexico Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. Mexico Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. Mexico Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. RoLA Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. RoLA Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. RoLA Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Row Digital Payments market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 55. Row Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Row Digital Payments market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. List of secondary sources, used in the study of global Digital Payments market

TABLE 58. List of primary sources, used in the study of global Digital Payments market

TABLE 59. Years considered for the study

TABLE 60. Exchange rates considered

 
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