Global Electronic Payment Market Insights, Forecast to 2028

Electronic Payment is a payment solution which is made through digital modes with no hard cash. In digital payment, both payer and payee use digital modes to send and receive money. Digital payment include payment gateway solutions, payment processing solutions, payment wallet solutions, payment security and fraud management solutions, and POS solutions.
Market Analysis and Insights: Global Electronic Payment Market
The global Electronic Payment market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Payment Gateway Solutions accounting for % of the Electronic Payment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While BFSI segment is altered to an % CAGR throughout this forecast period.
China Electronic Payment market size is valued at US$ million in 2021, while the North America and Europe Electronic Payment are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Electronic Payment landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electronic Payment market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Electronic Payment market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electronic Payment market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electronic Payment market.
Global Electronic Payment Scope and Market Size
Electronic Payment market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Electronic Payment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Payment Gateway Solutions
Payment Wallet Solutions
Payment Processing Solutions
Payment Security & Fraud Management
POS Solutions
Segment by Application
BFSI
Retail
Telecommunication
Entertainment
Logistics & Transportation
Government
Others
By Company
Alipay
Amazon Pay
Apple Pay
Tencent
Google Pay
First Data
Paypal
Fiserv
Visa Inc.
MasterCard
Total System Services (TSYS)
Novatti
Global Payments
Financial Software & Systems
Worldline
BlueSnap
Net 1 UEPS Technologies
Wirecard
ACI Worldwide
Worldpay (Vantiv)
Aurus Inc
Chetu
Paysafe
PayU
Yapstone
Adyen
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA