The global payment processing solutions market size accounted for US$ 92.25 Bn in 2021 and is projected to reach around USD 572.6 Bn by 2030, growing at a CAGR of 22.49% from 2022 to 2030.
Payment Processing Solutions Market Key Takeaways:
- The eWallet segment is growing at a CAGR of 24% from 2022 to 2030.
- The cloud-based category has contributed revenue share of over 61% in 2021.
- The BFSI category has captured largest market share of around 26% in 2021.
- The retail and e-commerce segment is growing at a CAGR of 25% from 2022 to 2030.
- The North America region has generated 47% revenue share in 2021.
Report Summary
The global payment processing solutions market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the payment processing solutions market across the globe.
A comprehensive estimate on the payment processing solutions market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of payment processing solutions during the forecast period. Price point comparison by region with global average price is also considered in the study.
Payment Processing Solutions Market Scope
Report Coverage | Details |
Market Size in 2022 | USD 113 Billion |
Market Size by 2030 | USD 572.6 Billion |
Growth Rate from 2022 to 2030 | CAGR of 22.49% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Payment Mode, Deployment Mode, End User Industry, and Geography |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized payment processing solutions market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Molecular Diagnostics Market Size Analysis 2022 To 2030
Payment Processing Solutions Market Players
The report includes the profiles of key payment processing solutions market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are ACI Worldwide, Elavon Inc., FIS, Fiserv, Inc., Global Payments Inc., GoCardless, PayPal, Square, Inc., Stripe, Wirecard CEE
Market Segmentation
By Payment Mode
- eWallet
- Credit Card
- Debit Card
- Automatic Clearing House
- Others
By Deployment Mode
- On-Premises
- Cloud-Based
By End-User Industry
- Banking, Financial Services and Insurance (BFSI)
- IT & Telecommunication
- Healthcare
- eCommerce & Retail
- Government & Utilities
- Others
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Payment Processing Solutions Market
5.1. COVID-19 Landscape: Payment Processing Solutions Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Payment Processing Solutions Market, By Payment Mode
8.1. Payment Processing Solutions Market, by Payment Mode, 2022-2030
8.1.1 eWallet
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Credit Card
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Debit Card
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Automatic Clearing House
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Payment Processing Solutions Market, By Deployment Mode
9.1. Payment Processing Solutions Market, by Deployment Mode, 2022-2030
9.1.1. On-Premises
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Cloud-Based
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Payment Processing Solutions Market, By End-User Industry
10.1. Payment Processing Solutions Market, by End-User Industry, 2022-2030
10.1.1. Banking, Financial Services and Insurance (BFSI)
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. IT & Telecommunication
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Healthcare
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. eCommerce & Retail
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Government & Utilities
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Others
10.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Payment Processing Solutions Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.1.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.1.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.1.4.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.1.5.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.2.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.2.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.2.4.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.2.5.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.2.6.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.2.7.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.3.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.3.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.3.4.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.3.5.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.3.6.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.3.7.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.4.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.4.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.4.4.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.4.5.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.4.6.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.4.7.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.5.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.5.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.5.4.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Payment Mode (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Deployment Mode (2017-2030)
11.5.5.3. Market Revenue and Forecast, by End-User Industry (2017-2030)
Chapter 12. Company Profiles
12.1. ACI Worldwide
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Elavon Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. FIS
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Fiserv, Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Global Payments Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. GoCardless
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. PayPal
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Square, Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Stripe
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Wirecard CEE
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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