The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Digital Payments by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Digital Payments Market:
https://www.thebusinessresearchcompany.com/report/digital-payments-global-market-report
According to The Business Research Company’s Digital Payments, 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%.
Quick onboarding and ease of use are expected to drive the digital payment market. Individuals seek flexibility, transparency, and seamless onboarding processes. They are increasingly drawn to methods that offer frictionless experiences, prompting software innovators like Square and PayPal to utilize automation to reduce onboarding times to just a few minutes. Digital payments are significantly simpler to use compared to traditional methods, requiring only a bank account or phone number and a smartphone with internet access. For example, recent data from Taiwan’s government indicates that out of a population of approximately 23 million, nearly 10 million individuals are mobile payment users. The ease of adoption leads to a higher number of users, thereby contributing to the growth of the digital payments market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=3041&type=smp
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
Top Major Players
Paypal Holdings Inc.,
Ant Group,
Amazon.com, Inc.,
Visa Inc.,
Apple Inc.
The digital payments market report table of contents includes:
1. Executive Summary
…………
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 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
Read Related Reports :
https://topprnews.com/opioid-use-disorder-oud-market-growth/
https://goodprnews.com/aesthetic-services-market-analysis/
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
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
Europe 5G Technology Market: A Comprehensive Overview Market Scope The Europe 5G Technology Market, valued at USD…
Spain Esports Market Overview: The Spanish esports market, valued at USD 133.90 million in 2023, is…
Fire Door Market Overview The global Fire Door Market was valued at USD 13.79 billion in 2023…
Bathroom Taps Market: A Comprehensive Analysis Market Overview: The global bathroom taps market has been experiencing significant…
Mining Drills and Breakers Market Overview: The Mining Drills and Breakers market is projected to grow at…
Non-Stick Coating Market Overview The global non-stick coating market is experiencing robust growth, with a market value…