Digital Payment Market: Global Growth by Manufacturers, Regions, Product Types, Major Application Analysis and Forecast to 2027

1
Digital Payment Market To Reach USD 10.07
Trillion By 2026
2
Market Summary
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. In the year 2018, Point-of-Sale (POS)
Devices segment has witnessed the highest market
demand. POS devices are used by numerous
end-users such as retail markets, hotels, bar,
and restaurants, among others where the
transactions are done via debit, credit, and ATM
or mobile NFC technology. Apart from offline
digitalization, the massive adoption rate of
online payments segments like mobile banking and
cryptocurrencies will stimulate the digital
payment market growth at a significant pace in
the forthcoming years Asia Pacific market is
forecasted to generate a revenue of USD 3.62
Trillion in the year 2026, owing to its extensive
market penetration towards digital payment
coupled with cashless economy and superior
economic development in the developing
countries. Read More https//www.reportsanddata
.com/report-detail/digital-payment-market
3
Market Summary
Key participants include Apple Pay, PayPal,
Google Pay, PayU, VISA, Paytm, Mastercard,
Barclaycard, American Express, Bitcoin. Payment
Method Outlook (Revenue, USD Billion
2016-2026) POS Devices, Net Banking, Digital
eWallets, Mobile Banking, Cryptocurrencies Backe
nd Operation Type Outlook (Revenue, USD Billion
2016-2026) Encryption Security Management,
Transaction Risk Management, Application Program
Interface, Payment Gateway, Blockchain Data
Mining Organization Size Outlook (Revenue, USD
Billion 2016-2026) SMEs, Large Enterprises End
Users Type Outlook (Revenue, USD Billion
2016-2026) Banking Financial Sectors, Hotels
Restaurants, eCommerce, Retail, Corporate
Sectors, Public Sectors, Healthcare,
Transportation Telecommunication, Others
4
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