Digital Payment Market Analysis, Size, Trends and Forecasts to 2027

1
Digital Payment Market To Reach USD 10.07
Trillion By 2027
2
Market Summary

• Market Size USD 10.07 Trillion in 2018, Market
  Growth - CAGR of 14.3, Market Trends  Increase
  in demand for digital payments in banking
  financial sectors.
• The Global Digital Payment Market is forecast to
  reach USD 10.07 Trillion by 2026, according to a
  new report by Reports and Data. The Digital
  Payment market is rising rapidly in the global
  market owing to the proliferation of global
  digitalization coupled with a cashless economy,
  and high, increasing rate of internet
  availability with active users. Digital Payment
  market includes all the method of payments done
  digitally to refrain from regular paper-cash
  payments.
• Further key findings from the report suggest
• Amongst end users, banking financial sectors
  segment is likely to continue being the dominator
  of the market with almost 22.0 of market
  possession and would grow with a CAGR of 15.1 by
  2026. Banking financial sectors are the core
  participator of this market. Apart from their
  operational exercise with digital payment, most
  of the other end users while using any digital
  transactions are backed by the banking
  financial segment, thus gaining them the highest
  market share amongst the other segment of digital
  payment market.
• Point-of-Sale (POS) Devices segment held the
  largest market share of 56.4 in 2018. POS
  devices are further segmented into Contactless
  Near Field Communication (NFC) Transactions in
  which the NFC enabled cards and devices are
  placed closer to complete the transaction without
  inserting the card into the vending machine while
  in the other way the debit or credit cards are
  inserted for the purchase. Apple Pay and Samsung
  Pay are two examples of NFC transactions. VISA
  cards now mostly come with NFC inbuilt.

www.reportsanddata.com
3
Market Summary
Key Players
Apple Pay, PayPal, Google Pay, PayU, VISA, Paytm,
Mastercard, Barclaycard, American Express,
Bitcoin.
Segmentation
Payment Method Outlook POS Devices Net
Banking Digital eWallets Mobile
Banking Cryptocurrencies Backend Operation Type
Outlook Encryption Security Management Transacti
on Risk Management Application Program
Interface Payment Gateway Blockchain Data Mining
To avail Copy of the Global Digital Payment
Sample Report, Click _at_ https//www.reportsanddata.
com/sample-enquiry-form/1617
www.reportsanddata.com
4
Market Summary
Organization Size Outlook SMEs Large
Enterprises End Users Type Outlook Banking
Financial Sectors Hotels Restaurants eCommerce R
etail Corporate Sectors Public Sectors Healthcare
Regional Outlook for Digital Payment Market
analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and Africa
(Saudi Arabia, UAE, Egypt, Nigeria, and South
Africa)
Avail this report at Attractive Discount rates!
Click here to know more _at_ https//www.reportsandda
ta.com/discount-enquiry-form/1617
www.reportsanddata.com
5
The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
www.reportsanddata.com
6
About Us
Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
make a smarter business decision. We offer market
intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise.
Contact Us John Watson Head of Business
Development Reports And Data Web
www.reportsanddata.com Direct Line
1-212-710-1370 E-mail sales_at_reportsanddata.com