Digital Payment MarketDigital Payment Market 2024 to Grow at 18.5 CAGR with 3.53 USD trillion Market Size: Analysis and Forecasts 2032
Digital Payment Market by Payment Type (Mobile Payment, Online Banking, Point of Sale, Digital Wallet), by Industry (Media & Entertainment, Retail, BFSI, Automotive, Medical & Healthcare, Transportation, Consumer Electronics, Others), Forecast 2024-2032
Base Year: 2023
150 Pages
Digital Payment Market 2024 to Grow at 18.5 CAGR with 3.53 USD trillion Market Size: Analysis and Forecasts 2032
Key Insights
The Digital Payment Market size was valued at USD 3.53 USD trillion in 2023 and is projected to reach USD 11.58 USD trillion by 2032, exhibiting a CAGR of 18.5 % during the forecast period. Digital payment means transacting money or funds through electronic platforms and hence there is no need of physical money. It includes different approaches which are digital wallets, online banking and cryptocurrencies such as Bitcoin. These methods are considered as the way of offering convenience, speed, and security that eliminates the need to carry physical cash and checks, causing transactions to be seamless and quick. Digital payments have many different applications as they are used in e-commerce, retail, bill payment, and person-to-person payments, which has already brought a revolutionary change in how financial transactions are carried out. Important aspects such as accessibility, scalability, and encryption serve as the backbone of security and integrity. The advantages include the minimization of cashing in, decrease of transaction costs, and provision of banking services to unserved populations who have been excluded from the process earlier.
Digital Payment Trends
- Surge in mobile payments due to smartphone penetration
- Increasing adoption of online banking services
- Growth of digital wallets for seamless transactions
Driving Forces: What's Propelling the Digital Payment Market
- Convenience and ease of use
- Security advancements and reduced fraud risk
- Government initiatives promoting cashless payments
Challenges and Restraints in Digital Payment Market
- Limited internet connectivity in certain regions
- Concerns about data security and privacy
- High transaction fees for some payment methods
Emerging Trends in Digital Payment
- Rise of mobile payment apps with advanced features
- Integration of artificial intelligence (AI) for personalized payments
- Contactless payments for enhanced convenience
Growth Catalysts in Digital Payment Industry
- Increasing e-commerce adoption
- Government support for digital payments
- Strategic partnerships between payment providers and merchants
Market Segmentation: Digital Payment Analysis
Payment Type:
- Mobile Payment
- Online Banking
- Point Of Sale
- Digital Wallet
Industry:
- Media & Entertainment
- Retail
- BFSI (Banking, Financial Services, and Insurance)
- Automotive
- Medical & Healthcare
- Transportation
- Consumer Electronics
- Others
Leading Players in the Digital Payment Market
- Alipay.com Co Ltd
- Amazon.com Inc.
- American Express Co.
- Facebook Inc.
- Google Inc.
- MasterCard International Inc.
- Microsoft Corporation
- PayPal Holdings Inc.
- Paytm
- Samsung Electronics Co. Ltd.
- Visa Inc.
Significant developments in Digital Payment Sector
- Partnerships between payment providers and major retailers
- Innovation in mobile payment technologies
- Government initiatives to promote digital payments
Comprehensive Coverage Digital Payment Market Report
Our report provides a comprehensive analysis of the digital payment market, including:
- Company profiles of key players
- In-depth market segmentation
- Detailed analysis of market drivers, challenges, and trends
- Future market outlook
Regional Insight
The market is expected to grow across all regions, with Asia-Pacific leading the way.
Recent Mergers & Acquisions
- PayPal's acquisition of Venmo
- Stripe's acquisition of Paystack
Regulation
Various regulations are in place to ensure the security and transparency of digital payments.
Patent Analysis
Our report includes an analysis of key patents in the digital payment space.
Analyst Comment
The digital payment market is poised for significant growth due to its convenience, security, and government support.
Digital Payment Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 18.5% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Burgeoning Demand for Big Data Analytics among Organizations to Aid Market Growth
- 3.3. Market Restrains
- 3.3.1. Lack of Awareness about Cyber Security and Vulnerability to Hinder Growth
- 3.4. Market Trends
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Digital Payment Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Payment Type
- 5.1.1. Mobile Payment
- 5.1.2. Online Banking
- 5.1.3. Point of Sale
- 5.1.4. Digital Wallet
- 5.2. Market Analysis, Insights and Forecast - by Industry
- 5.2.1. Media & Entertainment
- 5.2.2. Retail
- 5.2.3. BFSI
- 5.2.4. Automotive
- 5.2.5. Medical & Healthcare
- 5.2.6. Transportation
- 5.2.7. Consumer Electronics
- 5.2.8. Others
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.1. Market Analysis, Insights and Forecast - by Payment Type
- 6. North America Digital Payment Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Payment Type
- 6.1.1 Mobile Payment
- 6.1.2 Online Banking
- 6.1.3 Point of Sale
- 6.1.4 Digital Wallet
- 6.2. Market Analysis, Insights and Forecast - By Industry
- 6.2.1 Media & Entertainment
- 6.2.2 Retail
- 6.2.3 BFSI
- 6.2.4 Automotive
- 6.2.5 Medical & Healthcare
- 6.2.6 Transportation
- 6.2.7 Consumer Electronics
- 6.2.8 Others
- 6.3. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.3.1 United States
- 6.3.2 Canada
- 6.3.3 Mexico
- 7. South America Digital Payment Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Payment Type
- 7.1.1 Mobile Payment
- 7.1.2 Online Banking
- 7.1.3 Point of Sale
- 7.1.4 Digital Wallet
- 7.2. Market Analysis, Insights and Forecast - By Industry
- 7.2.1 Media & Entertainment
- 7.2.2 Retail
- 7.2.3 BFSI
- 7.2.4 Automotive
- 7.2.5 Medical & Healthcare
- 7.2.6 Transportation
- 7.2.7 Consumer Electronics
- 7.2.8 Others
- 7.3. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.3.1 Brazil
- 7.3.2 Argentina
- 7.3.3 Rest of South America
- 8. Europe Digital Payment Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Payment Type
- 8.1.1 Mobile Payment
- 8.1.2 Online Banking
- 8.1.3 Point of Sale
- 8.1.4 Digital Wallet
- 8.2. Market Analysis, Insights and Forecast - By Industry
- 8.2.1 Media & Entertainment
- 8.2.2 Retail
- 8.2.3 BFSI
- 8.2.4 Automotive
- 8.2.5 Medical & Healthcare
- 8.2.6 Transportation
- 8.2.7 Consumer Electronics
- 8.2.8 Others
- 8.3. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.3.1 Germany
- 8.3.2 France
- 8.3.3 Italy
- 8.3.4 United Kingdom
- 8.3.5 Netherlands
- 8.3.6 Rest of Europe
- 9. Asia Pacific Digital Payment Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Payment Type
- 9.1.1 Mobile Payment
- 9.1.2 Online Banking
- 9.1.3 Point of Sale
- 9.1.4 Digital Wallet
- 9.2. Market Analysis, Insights and Forecast - By Industry
- 9.2.1 Media & Entertainment
- 9.2.2 Retail
- 9.2.3 BFSI
- 9.2.4 Automotive
- 9.2.5 Medical & Healthcare
- 9.2.6 Transportation
- 9.2.7 Consumer Electronics
- 9.2.8 Others
- 9.3. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.3.1 China
- 9.3.2 Japan
- 9.3.3 India
- 9.3.4 South Korea
- 9.3.5 Taiwan
- 9.3.6 Australia
- 9.3.7 Rest of Asia-Pacific
- 10. MEA Digital Payment Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Payment Type
- 10.1.1 Mobile Payment
- 10.1.2 Online Banking
- 10.1.3 Point of Sale
- 10.1.4 Digital Wallet
- 10.2. Market Analysis, Insights and Forecast - By Industry
- 10.2.1 Media & Entertainment
- 10.2.2 Retail
- 10.2.3 BFSI
- 10.2.4 Automotive
- 10.2.5 Medical & Healthcare
- 10.2.6 Transportation
- 10.2.7 Consumer Electronics
- 10.2.8 Others
- 10.3. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.3.1 Middle East
- 10.3.2 Africa
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 Alipay.com Co Ltd
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Amazon.com Inc.
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 American Express Co.
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Facebook Inc.
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Google Inc.
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 MasterCard International Inc.
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Microsoft Corporation
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 PayPal Holdings Inc.
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Paytm
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Samsung Electronics Co. Ltd.
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Visa Inc.
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.1 Alipay.com Co Ltd
List of Figures
- Figure 1: Global Digital Payment Market Revenue Breakdown (USD trillion, %) by Region 2023 & 2031
- Figure 2: Global Digital Payment Market Volume Breakdown (K Units, %) by Region 2023 & 2031
- Figure 3: Global Digital Payment Market Revenue (USD trillion), by Payment Type 2023 & 2031
- Figure 4: Global Digital Payment Market Volume (K Units), by Payment Type 2023 & 2031
- Figure 5: Global Digital Payment Market Revenue Share (%), by Payment Type 2023 & 2031
- Figure 6: Global Digital Payment Market Volume Share (%), by Payment Type 2023 & 2031
- Figure 7: Global Digital Payment Market Forecast (USD trillion), by Mobile Payment 2020 & 2031
- Figure 8: Global Digital Payment Market Forecast (K Units), by Mobile Payment 2020 & 2031
- Figure 9: Global Digital Payment Market Forecast (USD trillion), by Online Banking 2020 & 2031
- Figure 10: Global Digital Payment Market Forecast (K Units), by Online Banking 2020 & 2031
- Figure 11: Global Digital Payment Market Forecast (USD trillion), by Point of Sale 2020 & 2031
- Figure 12: Global Digital Payment Market Forecast (K Units), by Point of Sale 2020 & 2031
- Figure 13: Global Digital Payment Market Forecast (USD trillion), by Digital Wallet 2020 & 2031
- Figure 14: Global Digital Payment Market Forecast (K Units), by Digital Wallet 2020 & 2031
- Figure 15: Global Digital Payment Market Revenue (USD trillion), by Industry 2023 & 2031
- Figure 16: Global Digital Payment Market Volume (K Units), by Industry 2023 & 2031
- Figure 17: Global Digital Payment Market Revenue Share (%), by Industry 2023 & 2031
- Figure 18: Global Digital Payment Market Volume Share (%), by Industry 2023 & 2031
- Figure 19: Global Digital Payment Market Forecast (USD trillion), by Media & Entertainment 2020 & 2031
- Figure 20: Global Digital Payment Market Forecast (K Units), by Media & Entertainment 2020 & 2031
- Figure 21: Global Digital Payment Market Forecast (USD trillion), by Retail 2020 & 2031
- Figure 22: Global Digital Payment Market Forecast (K Units), by Retail 2020 & 2031
- Figure 23: Global Digital Payment Market Forecast (USD trillion), by BFSI 2020 & 2031
- Figure 24: Global Digital Payment Market Forecast (K Units), by BFSI 2020 & 2031
- Figure 25: Global Digital Payment Market Forecast (USD trillion), by Automotive 2020 & 2031
- Figure 26: Global Digital Payment Market Forecast (K Units), by Automotive 2020 & 2031
- Figure 27: Global Digital Payment Market Forecast (USD trillion), by Medical & Healthcare 2020 & 2031
- Figure 28: Global Digital Payment Market Forecast (K Units), by Medical & Healthcare 2020 & 2031
- Figure 29: Global Digital Payment Market Forecast (USD trillion), by Transportation 2020 & 2031
- Figure 30: Global Digital Payment Market Forecast (K Units), by Transportation 2020 & 2031
- Figure 31: Global Digital Payment Market Forecast (USD trillion), by Consumer Electronics 2020 & 2031
- Figure 32: Global Digital Payment Market Forecast (K Units), by Consumer Electronics 2020 & 2031
- Figure 33: Global Digital Payment Market Forecast (USD trillion), by Others 2020 & 2031
- Figure 34: Global Digital Payment Market Forecast (K Units), by Others 2020 & 2031
- Figure 35: Global Digital Payment Market Revenue (USD trillion), by Region 2023 & 2031
- Figure 36: Global Digital Payment Market Volume (K Units), by Region 2023 & 2031
- Figure 37: Global Digital Payment Market Revenue Share (%), by Region 2023 & 2031
- Figure 38: Global Digital Payment Market Volume Share (%), by Region 2023 & 2031
- Figure 39: North America Digital Payment Market Revenue (USD trillion), by Payment Type 2023 & 2031
- Figure 40: North America Digital Payment Market Volume (K Units), by Payment Type 2023 & 2031
- Figure 41: North America Digital Payment Market Revenue Share (%), by Payment Type 2023 & 2031
- Figure 42: North America Digital Payment Market Volume Share (%), by Payment Type 2023 & 2031
- Figure 43: North America Digital Payment Market Revenue (USD trillion), by Industry 2023 & 2031
- Figure 44: North America Digital Payment Market Volume (K Units), by Industry 2023 & 2031
- Figure 45: North America Digital Payment Market Revenue Share (%), by Industry 2023 & 2031
- Figure 46: North America Digital Payment Market Volume Share (%), by Industry 2023 & 2031
- Figure 47: North America Digital Payment Market Revenue (USD trillion), by Country 2023 & 2031
- Figure 48: North America Digital Payment Market Volume (K Units), by Country 2023 & 2031
- Figure 49: North America Digital Payment Market Revenue Share (%), by Country 2023 & 2031
- Figure 50: North America Digital Payment Market Volume Share (%), by Country 2023 & 2031
- Figure 51: South America Digital Payment Market Revenue (USD trillion), by Payment Type 2023 & 2031
- Figure 52: South America Digital Payment Market Volume (K Units), by Payment Type 2023 & 2031
- Figure 53: South America Digital Payment Market Revenue Share (%), by Payment Type 2023 & 2031
- Figure 54: South America Digital Payment Market Volume Share (%), by Payment Type 2023 & 2031
- Figure 55: South America Digital Payment Market Revenue (USD trillion), by Industry 2023 & 2031
- Figure 56: South America Digital Payment Market Volume (K Units), by Industry 2023 & 2031
- Figure 57: South America Digital Payment Market Revenue Share (%), by Industry 2023 & 2031
- Figure 58: South America Digital Payment Market Volume Share (%), by Industry 2023 & 2031
- Figure 59: South America Digital Payment Market Revenue (USD trillion), by Country 2023 & 2031
- Figure 60: South America Digital Payment Market Volume (K Units), by Country 2023 & 2031
- Figure 61: South America Digital Payment Market Revenue Share (%), by Country 2023 & 2031
- Figure 62: South America Digital Payment Market Volume Share (%), by Country 2023 & 2031
- Figure 63: Europe Digital Payment Market Revenue (USD trillion), by Payment Type 2023 & 2031
- Figure 64: Europe Digital Payment Market Volume (K Units), by Payment Type 2023 & 2031
- Figure 65: Europe Digital Payment Market Revenue Share (%), by Payment Type 2023 & 2031
- Figure 66: Europe Digital Payment Market Volume Share (%), by Payment Type 2023 & 2031
- Figure 67: Europe Digital Payment Market Revenue (USD trillion), by Industry 2023 & 2031
- Figure 68: Europe Digital Payment Market Volume (K Units), by Industry 2023 & 2031
- Figure 69: Europe Digital Payment Market Revenue Share (%), by Industry 2023 & 2031
- Figure 70: Europe Digital Payment Market Volume Share (%), by Industry 2023 & 2031
- Figure 71: Europe Digital Payment Market Revenue (USD trillion), by Country 2023 & 2031
- Figure 72: Europe Digital Payment Market Volume (K Units), by Country 2023 & 2031
- Figure 73: Europe Digital Payment Market Revenue Share (%), by Country 2023 & 2031
- Figure 74: Europe Digital Payment Market Volume Share (%), by Country 2023 & 2031
- Figure 75: Asia Pacific Digital Payment Market Revenue (USD trillion), by Payment Type 2023 & 2031
- Figure 76: Asia Pacific Digital Payment Market Volume (K Units), by Payment Type 2023 & 2031
- Figure 77: Asia Pacific Digital Payment Market Revenue Share (%), by Payment Type 2023 & 2031
- Figure 78: Asia Pacific Digital Payment Market Volume Share (%), by Payment Type 2023 & 2031
- Figure 79: Asia Pacific Digital Payment Market Revenue (USD trillion), by Industry 2023 & 2031
- Figure 80: Asia Pacific Digital Payment Market Volume (K Units), by Industry 2023 & 2031
- Figure 81: Asia Pacific Digital Payment Market Revenue Share (%), by Industry 2023 & 2031
- Figure 82: Asia Pacific Digital Payment Market Volume Share (%), by Industry 2023 & 2031
- Figure 83: Asia Pacific Digital Payment Market Revenue (USD trillion), by Country 2023 & 2031
- Figure 84: Asia Pacific Digital Payment Market Volume (K Units), by Country 2023 & 2031
- Figure 85: Asia Pacific Digital Payment Market Revenue Share (%), by Country 2023 & 2031
- Figure 86: Asia Pacific Digital Payment Market Volume Share (%), by Country 2023 & 2031
- Figure 87: MEA Digital Payment Market Revenue (USD trillion), by Payment Type 2023 & 2031
- Figure 88: MEA Digital Payment Market Volume (K Units), by Payment Type 2023 & 2031
- Figure 89: MEA Digital Payment Market Revenue Share (%), by Payment Type 2023 & 2031
- Figure 90: MEA Digital Payment Market Volume Share (%), by Payment Type 2023 & 2031
- Figure 91: MEA Digital Payment Market Revenue (USD trillion), by Industry 2023 & 2031
- Figure 92: MEA Digital Payment Market Volume (K Units), by Industry 2023 & 2031
- Figure 93: MEA Digital Payment Market Revenue Share (%), by Industry 2023 & 2031
- Figure 94: MEA Digital Payment Market Volume Share (%), by Industry 2023 & 2031
- Figure 95: MEA Digital Payment Market Revenue (USD trillion), by Country 2023 & 2031
- Figure 96: MEA Digital Payment Market Volume (K Units), by Country 2023 & 2031
- Figure 97: MEA Digital Payment Market Revenue Share (%), by Country 2023 & 2031
- Figure 98: MEA Digital Payment Market Volume Share (%), by Country 2023 & 2031
List of Tables
- Table 1: Global Digital Payment Market Revenue USD trillion Forecast, by Payment Type 2018 & 2031
- Table 2: Global Digital Payment Market Volume K Units Forecast, by Payment Type 2018 & 2031
- Table 3: Global Digital Payment Market Revenue USD trillion Forecast, by Industry 2018 & 2031
- Table 4: Global Digital Payment Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 5: Global Digital Payment Market Revenue USD trillion Forecast, by Region 2018 & 2031
- Table 6: Global Digital Payment Market Volume K Units Forecast, by Region 2018 & 2031
- Table 7: Global Digital Payment Market Revenue USD trillion Forecast, by Payment Type 2018 & 2031
- Table 8: Global Digital Payment Market Volume K Units Forecast, by Payment Type 2018 & 2031
- Table 9: Global Digital Payment Market Revenue USD trillion Forecast, by Industry 2018 & 2031
- Table 10: Global Digital Payment Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 11: Global Digital Payment Market Revenue USD trillion Forecast, by Region 2018 & 2031
- Table 12: Global Digital Payment Market Volume K Units Forecast, by Region 2018 & 2031
- Table 13: Global Digital Payment Market Revenue USD trillion Forecast, by Payment Type 2018 & 2031
- Table 14: Global Digital Payment Market Volume K Units Forecast, by Payment Type 2018 & 2031
- Table 15: Global Digital Payment Market Revenue USD trillion Forecast, by Industry 2018 & 2031
- Table 16: Global Digital Payment Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 17: Global Digital Payment Market Revenue USD trillion Forecast, by Country 2018 & 2031
- Table 18: Global Digital Payment Market Volume K Units Forecast, by Country 2018 & 2031
- Table 19: United States Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 20: United States Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 21: Canada Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 22: Canada Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 23: Mexico Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 24: Mexico Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 25: Global Digital Payment Market Revenue USD trillion Forecast, by Payment Type 2018 & 2031
- Table 26: Global Digital Payment Market Volume K Units Forecast, by Payment Type 2018 & 2031
- Table 27: Global Digital Payment Market Revenue USD trillion Forecast, by Industry 2018 & 2031
- Table 28: Global Digital Payment Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 29: Global Digital Payment Market Revenue USD trillion Forecast, by Country 2018 & 2031
- Table 30: Global Digital Payment Market Volume K Units Forecast, by Country 2018 & 2031
- Table 31: Brazil Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 32: Brazil Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 33: Argentina Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 34: Argentina Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 35: Rest of South America Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 36: Rest of South America Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 37: Global Digital Payment Market Revenue USD trillion Forecast, by Payment Type 2018 & 2031
- Table 38: Global Digital Payment Market Volume K Units Forecast, by Payment Type 2018 & 2031
- Table 39: Global Digital Payment Market Revenue USD trillion Forecast, by Industry 2018 & 2031
- Table 40: Global Digital Payment Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 41: Global Digital Payment Market Revenue USD trillion Forecast, by Country 2018 & 2031
- Table 42: Global Digital Payment Market Volume K Units Forecast, by Country 2018 & 2031
- Table 43: Germany Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 44: Germany Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 45: France Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 46: France Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 47: Italy Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 48: Italy Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 49: United Kingdom Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 50: United Kingdom Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 51: Netherlands Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 52: Netherlands Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 53: Rest of Europe Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 54: Rest of Europe Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 55: Global Digital Payment Market Revenue USD trillion Forecast, by Payment Type 2018 & 2031
- Table 56: Global Digital Payment Market Volume K Units Forecast, by Payment Type 2018 & 2031
- Table 57: Global Digital Payment Market Revenue USD trillion Forecast, by Industry 2018 & 2031
- Table 58: Global Digital Payment Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 59: Global Digital Payment Market Revenue USD trillion Forecast, by Country 2018 & 2031
- Table 60: Global Digital Payment Market Volume K Units Forecast, by Country 2018 & 2031
- Table 61: China Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 62: China Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 63: Japan Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 64: Japan Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 65: India Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 66: India Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 67: South Korea Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 68: South Korea Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 69: Taiwan Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 70: Taiwan Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 71: Australia Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 72: Australia Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 73: Rest of Asia-Pacific Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 74: Rest of Asia-Pacific Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 75: Global Digital Payment Market Revenue USD trillion Forecast, by Payment Type 2018 & 2031
- Table 76: Global Digital Payment Market Volume K Units Forecast, by Payment Type 2018 & 2031
- Table 77: Global Digital Payment Market Revenue USD trillion Forecast, by Industry 2018 & 2031
- Table 78: Global Digital Payment Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 79: Global Digital Payment Market Revenue USD trillion Forecast, by Country 2018 & 2031
- Table 80: Global Digital Payment Market Volume K Units Forecast, by Country 2018 & 2031
- Table 81: Middle East Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 82: Middle East Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 83: Africa Digital Payment Market Revenue (USD trillion) Forecast, by Application 2018 & 2031
- Table 84: Africa Digital Payment Market Volume (K Units) Forecast, by Application 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 18.5% from 2018-2032 |
| Segmentation |
|
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
About Market Research Forecast
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.
