Market Research

Buy Now Pay Later Market Commodities, High Growth Opportunities, Segmentation, Market Trends By 2023-2032|Paytm Postpaid, PayPal Holdings Inc., Affirm Inc., Klarna Inc., Splitit, Sezzle

The Buy Now Pay Later Global Market Report 2023 by The Business Research Company, provides buy now pay later market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

Learn More On The Buy Now Pay Later Market:

https://www.thebusinessresearchcompany.com/report/buy-now-pay-later-global-market-report

According to The Business Research Company’s Buy Now Pay Later Global Market Report 2023, the market size is expected to grow from $105.15 billion in 2022 to $155.79 billion in 2023 at a compound annual growth rate (CAGR) of 48.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the buy now, pay later is expected to grow to $744.06 billion in 2027 at a CAGR of 47.8%.

An increase in the adoption of online payment methods is expected to propel the growth of the buy-now-pay-later market going forward. Online payments refer to payments that are made for goods or services that have been purchased online or offline. With the buy now, pay later option, customers can make small-ticket purchases both offline and online and make fast payments.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample_request?id=7652&type=smp

The buy now pay later market is segmented:

1) By Channel: Online, POS

2) By Enterprise Size: Large Enterprises, Small and Medium Enterprises

3) By End Use: Consumer Electronics, Fashion and Garment, Healthcare, Leisure and Entertainment, Retail, Others End-User

Technological advancement is a key trend gaining popularity in the buy-now-pay-later market. Major market players are concentrating on offering customers cutting-edge digital services to sustain their position in the buy-now-pay-later market. For instance, in January 2022, Temenos, a Switzerland-based software and apps company, launched Temenos Banking Cloud, the first AI-driven buy-now-pay-later banking service in the market. Through alternative credit products, this offering is expected to give banks and fintechs additional revenue options, assist them in expanding into new areas, and strengthen their connections with customers and business partners. By offering transparency into automated judgments and pairing BNPL customers with suitable loan offers based on their past, Temenos BNPL assists banks in developing lending programs that are driven by patented, explainable AI technology. Therefore, technological advancement is boosting the growth of the buy-now-pay-later market.

The buy now pay later market report table of contents includes:

  1. Executive Summary
  2. Buy Now Pay Later Market Characteristics
  3. Buy Now Pay Later Market Trends And Strategies
  4. Buy Now Pay Later Market – Macro Economic Scenario
  5. Buy Now Pay Later Market Size And Growth

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  1. Middle East Buy Now Pay Later Market
  2. Africa Buy Now Pay Later Market
  3. Buy Now Pay Later Market Competitive Landscape And Company Profiles
  4. Key Mergers And Acquisitions In The Buy Now Pay Later Market
  5. Buy Now Pay Later Market Future Outlook and Potential Analysis

Top Major Players

  • Paytm Postpaid
  • PayPal Holdings Inc.
  • Affirm Inc.
  • Klarna Inc.
  • Splitit, Sezzle

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