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Global Real-Time Payments Market Size study, byNature of Payments (Person-to-person, Person-to-business, Business-to-Person, Others) by Components (Solutions, Services) by Deployment Modes( On-premises, Cloud)by Enterprise size (Small and Medium-sized Enterprises, Large Enterprises) by Verticals (BFSI, IT and Telecommunications, Retail and e-commerce, Government, Energy and Utilities, Others)and Regional Forecasts 2021-2027

  • BIZ4386142
  • 200 Pages
  • May 2021
  • ICT & Media
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Global Real-Time Payments Market is valued approximately USD 10.64 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 33.0% over the forecast period 2021-2027. Payments that are initiated and settled almost instantly are known as real-time payments (RTP). The digital infrastructure that enables real-time payments is known as a real-time payments rail. Real-time payment networks should ideally be accessible 24 hours a day, seven days a week, 365 days a year, which implies they are always available to execute transactions. Weekends and holidays are included. The ability of real-time payments to provide greater flexibility in payment creation and receipt for consumers and businesses is likely to fuel growth. Real-time payments can also help businesses improve their cash flow, productivity, budgetary control, and total financial planning. As a result, market growth is expected to be fueled by businesses' increasing preference for this payment method. Real-time payments are expected to replace physical payment cards by 77 percent of vendors worldwide in 2018. Customers' reliance on traditional banking has declined dramatically in recent years, as they demand greater convenience and flexibility. There has been an increase in the number of new fin-tech payment providers. This has resulted in a significant increase in the market for real-time payments Several governments are working hard to facilitate online currencies around the globe. Subsidies are also available to promote the use of cashless payments. In December 2019, the German government, for example, implemented a subsidy to encourage contactless payments in the region. According to the programme, customers who use cashless payment systems will earn shopping points worth up to 5percent on average of their purchase value. However, The market has experienced severe as a result of a lack of interoperability. It has caused users to be uneasy, limiting the technology's adoption rates. However, safety concerns derived from real expenses are predictable to limit market growth. Payment-related fraud is on the rise everywhere in the world. Furthermore, in the real-time payment environment, payment fraud detection is a challenge. As a result, organizations should invest in pattern detection and AI technology to improve fraud detection and prevention.

The global real time payments market has been bifurcatedinto five regions: North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. During the forecast period, APAC is expected to have the largest market size and the highest CAGR.The APAC region's growth rate can be attributed to a variety of factors, including the adoption of advanced technologies, economic developments, an increasing rate of digitalization, and significant investments by real-time payment solution and service providers.The large population in this region, which contributes to the volume of transactions, as well as domestic and international enterprises investing in this region, are driving forces for the growth of the market in this region.

Major market player included in this report are:

ACI Worldwide

FIS

Fiserv

Mastercard

Worldline

PayPal

Visa

Apple

Ant Financial

Capgemini

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:

ByNature of Payments:

Person-to-Person

Person-to-Business

Business-to-Person

Others

ByComponents:

Solutions

• Payment Gateway Solution

• Payment Processing Solution

• Payment Security and Fraud Management Solution

Services

• Professional Services

• Managed Services

By Deployment Type:

On-premises

Cloud

By Enterprise size:

Small and Medium-sized Enterprises

Large Enterprises

By Verticals:

BFSI

IT and Telecommunications

Retail and e-commerce

Government

Energy and Utilities

Others

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 Real-Time PaymentsMarket 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. Real-Time Payments Market, by Region, 2019-2027 (USD Billion)

1.2.2. Real-Time Payments Market, by Nature of Payment,2019-2027 (USD Billion)

1.2.3. Real-Time Payments Market, by Components,2019-2027 (USD Billion)

1.2.4. Real-Time Payments Market, by Deployment modes,2019-2027 (USD Billion)

1.2.5. Real-Time Payments Market, by Enterprise size,2019-2027 (USD Billion)

1.2.6. Real-Time Payments Market, by Verticals,2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Real-Time 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 Real-Time Payments Market Dynamics

3.1. Real-Time Payments Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Greater flexibility in making and receiving payments

3.1.1.2. Increasing in operational efficiencies

3.1.2. Market Challenges

3.1.2.1. Lack of interoperability

3.1.3. Market Opportunities

3.1.3.1. Investment in pattern detection and AI

Chapter 4. Global Real-Time 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 Real-Time Payments Market, by Nature of Payment

5.1. Market Snapshot

5.2. Global Real-Time Payments Market by Nature of Payment, Performance - Potential Analysis

5.3. Global Real-Time Payments Market Estimates & Forecasts by Nature of Payment2018-2027 (USD Billion)

5.4. Real-Time Payments Market, Sub Segment Analysis

5.4.1. Person-to-Person

5.4.2. Person-to-Business

5.4.3. Business-to-Person

5.4.4. Others

Chapter 6. Global Real-Time Payments Market, byComponents

6.1. Market Snapshot

6.2. Global Real-Time Payments Market by Components, Performance - Potential Analysis

6.3. Global Real-Time Payments Market Estimates & Forecasts by Components2018-2027 (USD Billion)

6.4. Real-Time Payments Market, Sub Segment Analysis

6.4.1. Solutions

6.4.2. Services

Chapter 7. Global Real-Time Payments Market, by Deployment modes

7.1. Market Snapshot

7.2. Global Real-Time Payments Market by Deployment modes, Performance - Potential Analysis

7.3. Global Real-Time Payments Market Estimates & Forecasts by Deployment modes2018-2027 (USD Billion)

7.4. Real-Time Payments Market, Sub Segment Analysis

7.4.1. On-premises

7.4.2. Cloud

Chapter 8. Global Real-Time Payments Market, by Enterprise size

8.1. Market Snapshot

8.2. Global Real-Time Payments Market by Enterprise size, Performance - Potential Analysis

8.3. Global Real-Time Payments Market Estimates & Forecasts by Enterprise size2018-2027 (USD Billion)

8.4. Real-Time Payments Market, Sub Segment Analysis

8.4.1. Small and Medium-sized enterprises

8.4.2. Large enterprises

Chapter 9. Global Real-Time Payments Market, by Verticals

9.1. Market Snapshot

9.2. Global Real-Time Payments Market by Verticals, Performance - Potential Analysis

9.3. Global Real-Time Payments Market Estimates & Forecasts by Verticals 2018-2027 (USD Billion)

9.4. Real-Time Payments Market, Sub Segment Analysis

9.4.1. BFSI

9.4.2. IT and telecommunications

9.4.3. Retail and e-commerce

9.4.4. Government

9.4.5. Energy and utilities

9.4.6. Others

Chapter 10. Global Real-Time Payments Market, Regional Analysis

10.1. Real-Time Payments Market, Regional Market Snapshot

10.2. North America Real-Time Payments Market

10.2.1. U.S.Real-Time Payments Market

10.2.1.1. Nature of Paymentbreakdown estimates & forecasts, 2018-2027

10.2.1.2. Componentsbreakdown estimates & forecasts, 2018-2027

10.2.1.3. Deployment modes breakdown estimates & forecasts, 2018-2027

10.2.1.4. Enterprise size breakdown estimates & forecasts, 2018-2027

10.2.1.5. Verticals breakdown estimates & forecasts, 2018-2027

10.2.2. CanadaReal-Time Payments Market

10.3. Europe Real-Time Payments Market Snapshot

10.3.1. U.K. Real-Time Payments Market

10.3.2. Germany Real-Time Payments Market

10.3.3. France Real-Time Payments Market

10.3.4. Spain Real-Time Payments Market

10.3.5. Italy Real-Time Payments Market

10.3.6. Rest of EuropeReal-Time Payments Market

10.4. Asia-PacificReal-Time Payments Market Snapshot

10.4.1. China Real-Time Payments Market

10.4.2. India Real-Time Payments Market

10.4.3. JapanReal-Time Payments Market

10.4.4. Australia Real-Time Payments Market

10.4.5. South Korea Real-Time Payments Market

10.4.6. Rest of Asia PacificReal-Time Payments Market

10.5. Latin America Real-Time Payments Market Snapshot

10.5.1. Brazil Real-Time Payments Market

10.5.2. Mexico Real-Time Payments Market

10.6. Rest of The World Real-Time Payments Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. ACI Worldwide

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. FIS

11.2.3. Fiserv

11.2.4. Mastercard

11.2.5. Worldline

11.2.6. PayPal

11.2.7. Visa

11.2.8. Apple

11.2.9. Ant Financial

11.2.10. Capgemini

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 Real-Time Payments market, report scope

TABLE 2. Global Real-Time Payments Market estimates & forecasts by Region 2018-2027 (USDBillion)

TABLE 3. Global Real-Time Payments Market estimates & forecasts byNature of Payment2018-2027 (USDBillion)

TABLE 4. Global Real-Time Payments Market estimates & forecasts byComponents2018-2027 (USDBillion)

TABLE 5. Global Real-Time Payments Market estimates & forecasts by Deployment type 2018-2027 (USDBillion)

TABLE 6. Global Real-Time Payments Market estimates & forecasts by Enterprise size 2018-2027 (USDBillion)

TABLE 7. Global Real-Time Payments Market estimates & forecasts by Verticals 2018-2027 (USDBillion)

TABLE 8. Global Real-Time Payments Market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 9. Global Real-Time Payments Market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 10. Global Real-Time Payments Market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 11. Global Real-Time Payments Market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 12. Global Real-Time Payments Market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 13. Global Real-Time Payments Market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 14. Global Real-Time Payments Market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 15. Global Real-Time Payments Market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 16. Global Real-Time Payments Market by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 17. Global Real-Time Payments Market by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 18. U.S. Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 19. U.S. Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 20. U.S. Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 21. Canada Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 22. Canada Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 23. Canada Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 24. UKReal-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 25. UKReal-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 26. UKReal-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 27. Germany Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 28. Germany Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 29. Germany Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 30. RoEReal-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 31. RoEReal-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 32. RoEReal-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 33. China Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 34. China Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 35. China Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 36. India Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 37. India Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 38. India Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 39. Japan Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 40. Japan Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 41. Japan Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 42. RoAPACReal-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 43. RoAPACReal-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 44. RoAPACReal-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 45. Brazil Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 46. Brazil Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 47. Brazil Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 48. Mexico Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 49. Mexico Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 50. Mexico Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 51. RoLAReal-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 52. RoLAReal-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 53. RoLAReal-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 54. Row Real-Time Payments Market estimates & forecasts, 2018-2027 (USDBillion)

TABLE 55. Row Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 56. Row Real-Time Payments Market estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 57. List of secondary sources, used in the study of global Real-Time Payments market

TABLE 58. List of primary sources, used in the study of global Real-Time Payments market

TABLE 59. Years considered for the study

TABLE 60. Exchange rates considered

 
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