Global ePayment System Market Overview
Global ePayment System Market was valued at USD 68.83 billion in 2021 and is expected to reach USD 242.35 billion by the year 2028, at a CAGR of 19.7%.
The introduction of electronic commerce (e-commerce) in 1990 provided a new manner of doing business to the consumer and commercial worlds. Since then, e-commerce has evolved and altered dramatically, resulting in incredible benefits for customers and businesses all over the world. The ePayment system is regarded as the backbone and one of the most important features of e-commerce. For making or receiving payments, an ePayment system or electronic payment system, often known as an online payment system, has acquired great acceptance among consumers and companies alike. An effective electronic payment system reduces trading costs and is regarded to be crucial for the operation of capital and inter-bank markets. Credit cards, debit cards, electronic cash and check systems, smart cards, digital wallets, contactless payment methods, and mobile payments, to name a few. In recent years, a wide range of online payment systems have been created, and these systems may be generally classed as account-based and electronic currency systems. Account-based systems allow customers to make payments using their bank accounts, whilst the other method only permits payments provided the consumer has a sufficient quantity of electronic money.
In recent years, the use of ePayment systems has risen and is quickly gaining favor over cash and card transactions. The numerous appealing capabilities and benefits that the use of these systems imparts on smart users contribute to their popularity. The unparalleled ease of safe money transfer anytime and anywhere in real-time is at the forefront. The tremendous leaps being made by online shopping and the developing e-commerce retail in various emerging and developed nations are critical aspects laying the basis for the market development of e-payment systems. According to Capgemini, global B2B non-cash transactions would climb to approximately 200 billion by 2025, up from 121.5 billion in 2020. Furthermore, the survey discovered that by 2025, quick payments and e-money transfers would account for more than 25% of worldwide non-cash transactions, up from 14.5 percent in 2020.
Market Dynamics And Factors For ePayment System Market
Drivers:
The Dominance of Mobile Wallets
In 2019, mobile wallets surpassed credit cards as the most widely used payment method worldwide. Users can utilize digital wallets to store different payment methods in one digital house and convert cash into electronic money needed for online or in-store transactions. Financial institutions have already begun to embrace the digital wallet trend by providing business clients with virtual cards. Virtual cards kept in digital wallets include information such as a 16-digit card number, CVV code, and expiration date, and they function similarly to traditional plastic cards. Currently, just 37% of businesses accept mobile payments at the point of sale, but as acceptance grows, merchants are eager to invest in systems that facilitate digital wallets. Because they limit transaction values and frequency, virtual wallets can help you save money. Artificial Intelligence (AI) is enhancing the customer experience in transactions via ChatBots, which are meant to execute and robotize crucial exchanges based on the user's preferences. Furthermore, cryptographic money-based e-wallets are being adopted by new corporations and small-to-medium-sized businesses for keeping digital money. Since Amazon pioneered the premise of this platform, which is now being followed by Google and Apple, smart voice technology has contributed to the expansion of smart voice wallets.
E-Commerce Boom Fueling ePayment System Market Growth
The exponential expansion of e-commerce is causing shock waves, and the sonic boom is echoing across the FinTech industry. Many e-commerce enterprises' success is fueled by the financial services they offer. Digital transactions make it easier for buyers and sellers to trade while remaining loyal to the market area. The COVID-19 epidemic introduced a new dimension to e-commerce innovation, ushering in additional trends like payment choices at checkout (other than digital wallets), virtual cards, QR codes, and other touchless transactions. Furthermore, the Buy Now Pay Later (BNPL) trend is dominating the e-commerce market since it lowers the buyer's financial strain. BNPL uses a soft credit check, allowing customers to buy what they need, keep inventory moving, and pay over time without negatively impacting their credit score. BNPL delivers much-needed liquidity and flexibility at the checkout for businesses.
Restraints:
Cybersecurity and Privacy Concerns with Online Payment Solutions
With the rise in online fraud, cybersecurity and privacy issues have become a major source of worry. According to the Mastercard poll, one out of every four consumers would suffer some form of fraud in 2020, increasing the prevalence of cybercrime by 49 percent. Online frauds surged by 73.8 percent in the first half of 2020 compared to the same period in 2019. As a result, market growth for the ePayment system is projected to be hampered throughout the projection period.
Opportunities:
Digital Identity Integration
Advance digital identification solutions will become more prevalent across businesses as they assist limit cyber threats, particularly those connected to the payment system. As the world becomes more digitalized, so will the number of cyber-attacks. Online identity, client authorization, and authentication are vital for maintaining the safety of payment system methods in the digital world.
Wearables
Other unique payment methods, such as wearables, are ready to alter the payments environment. With the growing usage of smartphones, payment applications, and mobile banking, wearables enable simple access to these applications at any time and from any location. Real-time comfort is essential. Contactless payments let consumers make routine purchases, particularly low-value transactions, rapidly and securely. Alternative payment methods improve the customer experience of banks by allowing for quicker, more seamless, and integrated transactions.
Market Segmentation
Segmentation Analysis of ePayment System Market:
Based on the solution, the payment gateway solution is expected to capture the maximum ePayment system market share over the forecast period. The key distinction between a payment gateway and a POS terminal is that in the case of a payment gateway, the shopper may be sitting in a different city, state, or country entirely. Because of the shopper's anonymity and distance, a payment gateway necessitates the employment of sophisticated encryption and verification technologies. The E-commerce platform has its online shopping platform area; these platforms are easy for customers and offer a variety of perks. Because a payment gateway is such an important component of an e-commerce platform, it is critical to comprehend it from a security standpoint. The most important benefit of a payment gateway is security, which helps to reduce the intensity and frequency of credit card fraud on the e-commerce platform. As previously stated, a payment gateway authenticates the cardholder/shopper to ensure the safe transfer of funds from his/her account to the merchant/e-commerce platform's account. The entire payment flow is safeguarded by a payment gateway.
Based on the services, professional service is expected to dominate the ePayment system market over the forecast period. Professional assistance is necessary both during and after the adoption of digital payment systems. Planning, designing, advising, support, IT maintenance, repairs, and upgrades are among the services provided. Consultants, specialized project management teams, and digital payment professionals who specialize in the design and implementation of crucial decision support software, tools, and services are among the companies that provide professional services. Professional service providers investigate company requirements, assess business restrictions, and give useful insights that assist businesses in making the best use of all available resources and capitalizing on technology investments.
Based on the industry, the BFSI segment is anticipated to hold the highest ePayment system market share over the forecast period. Over the projection period, an increase in remittances to low- and middle-income nations is likely to be one of the primary causes producing the new potential for market growth. Furthermore, banks are improving their offers to compete with suppliers of digital payment solutions such as Google, Amazon, and Facebook. For example, in June 2019, Bank of America launched a digital debit card to provide ease to its customers.
Regional Analysis of ePayment System Market:
Throughout the projected period, the Asia Pacific region is likely to lead the ePayment system market. Asia-Pacific (APAC) topped the worldwide non-cash transactions arena in 2019, with reported volumes of 243.6 billion, matching with our World Payments Report 2019 estimates. Rapidly expanding smartphone usage, a thriving e-commerce market, flourishing acceptance of digital wallets, and innovations – particularly mobile– and QR-code payments – are driving the region's growth. The need for ePayment systems has grown fast in key South Asian and Pacific countries such as India, Singapore, Malaysia, Indonesia, Australia, and New Zealand. India's digital payments business, led by Paytm, PhonePe, Pine Labs, Razorpay, BharatPe, and others, has risen throughout the epidemic as a result of enticing incentives like prizes, cash backs, and deals to attract a huge number of clients. Moreover, the growing adoption of cashless transactions is turning the market growth in India.
The rising deployment of smart parking meters and technological advancements in these meters are generating demand for ePayment system solutions in the North American area. Furthermore, the growing number of unmanned establishments in the United States is increasing the demand for digital payment solutions. For example, in November 2019, Ahold Delhaize, a Dutch supermarket chain, announced the establishment of a cashier-less shop in the United States.
Over the projection period, Europe is predicted to be the fastest-growing regional ePayment system market. European banks are attempting to develop a European payment scheme. This effort will try to provide a single payment system solution for retailers and customers throughout Europe.
Players Covered in ePayment System Market are:
- Google Inc.
- Amazon Inc.
- Apple Pay
- Gemalto
- Visa Inc.
- PayPal Holdings
- Wipro
- Heartland Payment Systems
- VLNComm
- Wirecard AG
- General Electric
- JPMorgan Chase
- Oberthur Technologies
- Giesecke and Devrient GmbH
- Intuit
- pureLiFi
- Ingenico Group SA
- On Track Innovations Ltd.
- 2Checkout
- Philips
- Verifone
- Thales Group
- Square
- LightPointe Communications
- Nakagawa Labs
- Oledcomm
- Nakagawa Labs
- LVX System
- Velmenni
- ACI Worldwide
- Aliant Payments
- Alipay
- FIS
- Fiserv
- Global Payments
- Mastercard
- Paysafe
- PayTrace
- Citrus Payment Solutions
- PayU
- Spreedly
- Stripe
- Worldline and other major players.
COVID-19 Impact on ePayment System Market
Many sectors have been impacted by the COVID-19 epidemic. Organizations are transitioning towards digitization to ensure the overall safety of employees and staff as a result of social distancing rules imposed to restrict the spread of the virus. Mobility and travel limitations imposed to safeguard public health against illness have severely harmed certain end-use sectors. COVID-19 has had a considerable negative influence on the payment environment, although it is not irreversible. Elements of the payment ecosystem that are most resilient to disruption and least reliant on physical infrastructure have been able to endure, manage, and even capitalize on the crisis, using an impending danger to their advantage. The epidemic has prompted people and businesses to re-evaluate their payment framework and infrastructure to integrate disruption mitigation and continuity planning concerns. Furthermore, the epidemic has highlighted fundamental weaknesses produced by the rigidity or inflexibility of being unduly reliant on cash as a sole mode of payment for many traditional industry participants as well as individual customers.
The COVID-19 crisis brought into doubt the premise that cash is the ultimate liquid asset, prompting payers to reconsider its status as a sacred payment mechanism with the greatest availability and ease. Nonetheless, COVID-19 has been a silver lining in many respects for digital payment acceptance in India. The impenetrability of current payment infrastructure was a crucial aspect that functioned as a festering barrier to digital progress. However, the interruption created by the pandemic provided businesses with the opportunity to take a step back and evaluate their payment methods for the incorporation of digital from a streamlining and simplicity of use standpoint. Individuals were also more likely to consider digital payments as an alternative to preventing physical access to their assets.
Key Industry Developments In ePayment System Market
- In March 2021, Fiserv finalized the purchase of Pineapple Payments, a payments technology business located in the United States that specializes in payment processing and omnichannel payment acceptance solutions. The acquisition aims to improve the previous company's seamless supply of a variety of innovative solutions to clients. Fiserv will also benefit from Pineapple Payments' distribution channel as it expands its geographic reach.
- In November 2021, ACI Worldwide and MasterCard will form a collaboration. The collaboration aims to integrate the ACI Enterprise Payments Platform with Mastercard Direct Services, giving clients access to security, safety, loyalty, and other value-added services across all payment modalities.
- In May 2020, PayPal announced the debut of a QR code-based payment mechanism, allowing its customers to purchase and sell items in 28 markets across the world.
Global ePayment System Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 68.83 Bn. |
Forecast Period 2022-28 CAGR: |
19.7% |
Market Size in 2028: |
USD 242.35 Bn. |
Segments Covered: |
By Type |
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By Services |
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By Deployment |
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By Industry |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Services
3.3 By Deployment
3.4 By Industry
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: ePayment System Market by Type
5.1 ePayment System Market Overview Snapshot and Growth Engine
5.2 ePayment System Market Overview
5.3 Point of Sale (POS) Solution
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Point of Sale (POS) Solution: Grographic Segmentation
5.4 Payment Gateway Solution
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Payment Gateway Solution: Grographic Segmentation
5.5 Payment Processing Solution
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Payment Processing Solution: Grographic Segmentation
5.6 Payment Wallet Solution
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Payment Wallet Solution: Grographic Segmentation
5.7 Payment Security & Fraud Management Solution
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Payment Security & Fraud Management Solution: Grographic Segmentation
Chapter 6: ePayment System Market by Services
6.1 ePayment System Market Overview Snapshot and Growth Engine
6.2 ePayment System Market Overview
6.3 Professional Services
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Professional Services: Grographic Segmentation
6.4 Managed Services
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Managed Services: Grographic Segmentation
Chapter 7: ePayment System Market by Deployment
7.1 ePayment System Market Overview Snapshot and Growth Engine
7.2 ePayment System Market Overview
7.3 Cloud-based
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Cloud-based: Grographic Segmentation
7.4 On-premises
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 On-premises: Grographic Segmentation
Chapter 8: ePayment System Market by Industry
8.1 ePayment System Market Overview Snapshot and Growth Engine
8.2 ePayment System Market Overview
8.3 BFSI
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2016-2028F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 BFSI: Grographic Segmentation
8.4 Media & Entertainment
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2016-2028F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Media & Entertainment: Grographic Segmentation
8.5 Retail
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size (2016-2028F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Retail: Grographic Segmentation
8.6 Healthcare
8.6.1 Introduction and Market Overview
8.6.2 Historic and Forecasted Market Size (2016-2028F)
8.6.3 Key Market Trends, Growth Factors and Opportunities
8.6.4 Healthcare: Grographic Segmentation
8.7 IT & Telecom
8.7.1 Introduction and Market Overview
8.7.2 Historic and Forecasted Market Size (2016-2028F)
8.7.3 Key Market Trends, Growth Factors and Opportunities
8.7.4 IT & Telecom: Grographic Segmentation
8.8 Transportation & Logistics
8.8.1 Introduction and Market Overview
8.8.2 Historic and Forecasted Market Size (2016-2028F)
8.8.3 Key Market Trends, Growth Factors and Opportunities
8.8.4 Transportation & Logistics: Grographic Segmentation
8.9 Others
8.9.1 Introduction and Market Overview
8.9.2 Historic and Forecasted Market Size (2016-2028F)
8.9.3 Key Market Trends, Growth Factors and Opportunities
8.9.4 Others: Grographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Positioning
9.1.2 ePayment System Sales and Market Share By Players
9.1.3 Industry BCG Matrix
9.1.4 Ansoff Matrix
9.1.5 ePayment System Industry Concentration Ratio (CR5 and HHI)
9.1.6 Top 5 ePayment System Players Market Share
9.1.7 Mergers and Acquisitions
9.1.8 Business Strategies By Top Players
9.2 GOOGLE INC.
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Operating Business Segments
9.2.5 Product Portfolio
9.2.6 Business Performance
9.2.7 Key Strategic Moves and Recent Developments
9.2.8 SWOT Analysis
9.3 AMAZON INC.
9.4 APPLE PAY
9.5 GEMALTO
9.6 VISA INC.
9.7 PAYPAL HOLDINGS
9.8 WIPRO
9.9 HEARTLAND PAYMENT SYSTEMS
9.10 VLNCOMM
9.11 WIRECARD AG
9.12 GENERAL ELECTRIC
9.13 JPMORGAN CHASE
9.14 OBERTHUR TECHNOLOGIES
9.15 GIESECKE AND DEVRIENT GMBH
9.16 INTUIT
9.17 PURELIFI
9.18 INGENICO GROUP SA
9.19 ON TRACK INNOVATIONS LTD.
9.20 2CHECKOUT
9.21 PHILIPS
9.22 VERIFONE
9.23 THALES GROUP
9.24 SQUARE
9.25 LIGHTPOINTE COMMUNICATIONS
9.26 NAKAGAWA LABS
9.27 OLEDCOMM
9.28 NAKAGAWA LABS
9.29 LVX SYSTEM
9.30 VELMENNI
9.31 ACI WORLDWIDE
9.32 ALIANT PAYMENTS
9.33 ALIPAY
9.34 FIS
9.35 FISERV
9.36 GLOBAL PAYMENTS
9.37 MASTERCARD
9.38 PAYSAFE
9.39 PAYTRACE
9.40 CITRUS PAYMENT SOLUTIONS
9.41 PAYU
9.42 SPREEDLY
9.43 STRIPE
9.44 WORLDLINE
9.45 OTHER MAJOR PLAYERS
Chapter 10: Global ePayment System Market Analysis, Insights and Forecast, 2016-2028
10.1 Market Overview
10.2 Historic and Forecasted Market Size By Type
10.2.1 Point of Sale (POS) Solution
10.2.2 Payment Gateway Solution
10.2.3 Payment Processing Solution
10.2.4 Payment Wallet Solution
10.2.5 Payment Security & Fraud Management Solution
10.3 Historic and Forecasted Market Size By Services
10.3.1 Professional Services
10.3.2 Managed Services
10.4 Historic and Forecasted Market Size By Deployment
10.4.1 Cloud-based
10.4.2 On-premises
10.5 Historic and Forecasted Market Size By Industry
10.5.1 BFSI
10.5.2 Media & Entertainment
10.5.3 Retail
10.5.4 Healthcare
10.5.5 IT & Telecom
10.5.6 Transportation & Logistics
10.5.7 Others
Chapter 11: North America ePayment System Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Point of Sale (POS) Solution
11.4.2 Payment Gateway Solution
11.4.3 Payment Processing Solution
11.4.4 Payment Wallet Solution
11.4.5 Payment Security & Fraud Management Solution
11.5 Historic and Forecasted Market Size By Services
11.5.1 Professional Services
11.5.2 Managed Services
11.6 Historic and Forecasted Market Size By Deployment
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Historic and Forecasted Market Size By Industry
11.7.1 BFSI
11.7.2 Media & Entertainment
11.7.3 Retail
11.7.4 Healthcare
11.7.5 IT & Telecom
11.7.6 Transportation & Logistics
11.7.7 Others
11.8 Historic and Forecast Market Size by Country
11.8.1 U.S.
11.8.2 Canada
11.8.3 Mexico
Chapter 12: Europe ePayment System Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Point of Sale (POS) Solution
12.4.2 Payment Gateway Solution
12.4.3 Payment Processing Solution
12.4.4 Payment Wallet Solution
12.4.5 Payment Security & Fraud Management Solution
12.5 Historic and Forecasted Market Size By Services
12.5.1 Professional Services
12.5.2 Managed Services
12.6 Historic and Forecasted Market Size By Deployment
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Historic and Forecasted Market Size By Industry
12.7.1 BFSI
12.7.2 Media & Entertainment
12.7.3 Retail
12.7.4 Healthcare
12.7.5 IT & Telecom
12.7.6 Transportation & Logistics
12.7.7 Others
12.8 Historic and Forecast Market Size by Country
12.8.1 Germany
12.8.2 U.K.
12.8.3 France
12.8.4 Italy
12.8.5 Russia
12.8.6 Spain
12.8.7 Rest of Europe
Chapter 13: Asia-Pacific ePayment System Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Point of Sale (POS) Solution
13.4.2 Payment Gateway Solution
13.4.3 Payment Processing Solution
13.4.4 Payment Wallet Solution
13.4.5 Payment Security & Fraud Management Solution
13.5 Historic and Forecasted Market Size By Services
13.5.1 Professional Services
13.5.2 Managed Services
13.6 Historic and Forecasted Market Size By Deployment
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Historic and Forecasted Market Size By Industry
13.7.1 BFSI
13.7.2 Media & Entertainment
13.7.3 Retail
13.7.4 Healthcare
13.7.5 IT & Telecom
13.7.6 Transportation & Logistics
13.7.7 Others
13.8 Historic and Forecast Market Size by Country
13.8.1 China
13.8.2 India
13.8.3 Japan
13.8.4 Singapore
13.8.5 Australia
13.8.6 New Zealand
13.8.7 Rest of APAC
Chapter 14: Middle East & Africa ePayment System Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Point of Sale (POS) Solution
14.4.2 Payment Gateway Solution
14.4.3 Payment Processing Solution
14.4.4 Payment Wallet Solution
14.4.5 Payment Security & Fraud Management Solution
14.5 Historic and Forecasted Market Size By Services
14.5.1 Professional Services
14.5.2 Managed Services
14.6 Historic and Forecasted Market Size By Deployment
14.6.1 Cloud-based
14.6.2 On-premises
14.7 Historic and Forecasted Market Size By Industry
14.7.1 BFSI
14.7.2 Media & Entertainment
14.7.3 Retail
14.7.4 Healthcare
14.7.5 IT & Telecom
14.7.6 Transportation & Logistics
14.7.7 Others
14.8 Historic and Forecast Market Size by Country
14.8.1 Turkey
14.8.2 Saudi Arabia
14.8.3 Iran
14.8.4 UAE
14.8.5 Africa
14.8.6 Rest of MEA
Chapter 15: South America ePayment System Market Analysis, Insights and Forecast, 2016-2028
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Type
15.4.1 Point of Sale (POS) Solution
15.4.2 Payment Gateway Solution
15.4.3 Payment Processing Solution
15.4.4 Payment Wallet Solution
15.4.5 Payment Security & Fraud Management Solution
15.5 Historic and Forecasted Market Size By Services
15.5.1 Professional Services
15.5.2 Managed Services
15.6 Historic and Forecasted Market Size By Deployment
15.6.1 Cloud-based
15.6.2 On-premises
15.7 Historic and Forecasted Market Size By Industry
15.7.1 BFSI
15.7.2 Media & Entertainment
15.7.3 Retail
15.7.4 Healthcare
15.7.5 IT & Telecom
15.7.6 Transportation & Logistics
15.7.7 Others
15.8 Historic and Forecast Market Size by Country
15.8.1 Brazil
15.8.2 Argentina
15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
Global ePayment System Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 68.83 Bn. |
Forecast Period 2022-28 CAGR: |
19.7% |
Market Size in 2028: |
USD 242.35 Bn. |
Segments Covered: |
By Type |
|
|
By Services |
|
||
By Deployment |
|
||
By Industry |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. EPAYMENT SYSTEM MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. EPAYMENT SYSTEM MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. EPAYMENT SYSTEM MARKET COMPETITIVE RIVALRY
TABLE 005. EPAYMENT SYSTEM MARKET THREAT OF NEW ENTRANTS
TABLE 006. EPAYMENT SYSTEM MARKET THREAT OF SUBSTITUTES
TABLE 007. EPAYMENT SYSTEM MARKET BY TYPE
TABLE 008. POINT OF SALE (POS) SOLUTION MARKET OVERVIEW (2016-2028)
TABLE 009. PAYMENT GATEWAY SOLUTION MARKET OVERVIEW (2016-2028)
TABLE 010. PAYMENT PROCESSING SOLUTION MARKET OVERVIEW (2016-2028)
TABLE 011. PAYMENT WALLET SOLUTION MARKET OVERVIEW (2016-2028)
TABLE 012. PAYMENT SECURITY & FRAUD MANAGEMENT SOLUTION MARKET OVERVIEW (2016-2028)
TABLE 013. EPAYMENT SYSTEM MARKET BY SERVICES
TABLE 014. PROFESSIONAL SERVICES MARKET OVERVIEW (2016-2028)
TABLE 015. MANAGED SERVICES MARKET OVERVIEW (2016-2028)
TABLE 016. EPAYMENT SYSTEM MARKET BY DEPLOYMENT
TABLE 017. CLOUD-BASED MARKET OVERVIEW (2016-2028)
TABLE 018. ON-PREMISES MARKET OVERVIEW (2016-2028)
TABLE 019. EPAYMENT SYSTEM MARKET BY INDUSTRY
TABLE 020. BFSI MARKET OVERVIEW (2016-2028)
TABLE 021. MEDIA & ENTERTAINMENT MARKET OVERVIEW (2016-2028)
TABLE 022. RETAIL MARKET OVERVIEW (2016-2028)
TABLE 023. HEALTHCARE MARKET OVERVIEW (2016-2028)
TABLE 024. IT & TELECOM MARKET OVERVIEW (2016-2028)
TABLE 025. TRANSPORTATION & LOGISTICS MARKET OVERVIEW (2016-2028)
TABLE 026. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 027. NORTH AMERICA EPAYMENT SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 028. NORTH AMERICA EPAYMENT SYSTEM MARKET, BY SERVICES (2016-2028)
TABLE 029. NORTH AMERICA EPAYMENT SYSTEM MARKET, BY DEPLOYMENT (2016-2028)
TABLE 030. NORTH AMERICA EPAYMENT SYSTEM MARKET, BY INDUSTRY (2016-2028)
TABLE 031. N EPAYMENT SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 032. EUROPE EPAYMENT SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 033. EUROPE EPAYMENT SYSTEM MARKET, BY SERVICES (2016-2028)
TABLE 034. EUROPE EPAYMENT SYSTEM MARKET, BY DEPLOYMENT (2016-2028)
TABLE 035. EUROPE EPAYMENT SYSTEM MARKET, BY INDUSTRY (2016-2028)
TABLE 036. EPAYMENT SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 037. ASIA PACIFIC EPAYMENT SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 038. ASIA PACIFIC EPAYMENT SYSTEM MARKET, BY SERVICES (2016-2028)
TABLE 039. ASIA PACIFIC EPAYMENT SYSTEM MARKET, BY DEPLOYMENT (2016-2028)
TABLE 040. ASIA PACIFIC EPAYMENT SYSTEM MARKET, BY INDUSTRY (2016-2028)
TABLE 041. EPAYMENT SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA EPAYMENT SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA EPAYMENT SYSTEM MARKET, BY SERVICES (2016-2028)
TABLE 044. MIDDLE EAST & AFRICA EPAYMENT SYSTEM MARKET, BY DEPLOYMENT (2016-2028)
TABLE 045. MIDDLE EAST & AFRICA EPAYMENT SYSTEM MARKET, BY INDUSTRY (2016-2028)
TABLE 046. EPAYMENT SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 047. SOUTH AMERICA EPAYMENT SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 048. SOUTH AMERICA EPAYMENT SYSTEM MARKET, BY SERVICES (2016-2028)
TABLE 049. SOUTH AMERICA EPAYMENT SYSTEM MARKET, BY DEPLOYMENT (2016-2028)
TABLE 050. SOUTH AMERICA EPAYMENT SYSTEM MARKET, BY INDUSTRY (2016-2028)
TABLE 051. EPAYMENT SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 052. GOOGLE INC.: SNAPSHOT
TABLE 053. GOOGLE INC.: BUSINESS PERFORMANCE
TABLE 054. GOOGLE INC.: PRODUCT PORTFOLIO
TABLE 055. GOOGLE INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. AMAZON INC.: SNAPSHOT
TABLE 056. AMAZON INC.: BUSINESS PERFORMANCE
TABLE 057. AMAZON INC.: PRODUCT PORTFOLIO
TABLE 058. AMAZON INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. APPLE PAY: SNAPSHOT
TABLE 059. APPLE PAY: BUSINESS PERFORMANCE
TABLE 060. APPLE PAY: PRODUCT PORTFOLIO
TABLE 061. APPLE PAY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. GEMALTO: SNAPSHOT
TABLE 062. GEMALTO: BUSINESS PERFORMANCE
TABLE 063. GEMALTO: PRODUCT PORTFOLIO
TABLE 064. GEMALTO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. VISA INC.: SNAPSHOT
TABLE 065. VISA INC.: BUSINESS PERFORMANCE
TABLE 066. VISA INC.: PRODUCT PORTFOLIO
TABLE 067. VISA INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. PAYPAL HOLDINGS: SNAPSHOT
TABLE 068. PAYPAL HOLDINGS: BUSINESS PERFORMANCE
TABLE 069. PAYPAL HOLDINGS: PRODUCT PORTFOLIO
TABLE 070. PAYPAL HOLDINGS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. WIPRO: SNAPSHOT
TABLE 071. WIPRO: BUSINESS PERFORMANCE
TABLE 072. WIPRO: PRODUCT PORTFOLIO
TABLE 073. WIPRO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. HEARTLAND PAYMENT SYSTEMS: SNAPSHOT
TABLE 074. HEARTLAND PAYMENT SYSTEMS: BUSINESS PERFORMANCE
TABLE 075. HEARTLAND PAYMENT SYSTEMS: PRODUCT PORTFOLIO
TABLE 076. HEARTLAND PAYMENT SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. VLNCOMM: SNAPSHOT
TABLE 077. VLNCOMM: BUSINESS PERFORMANCE
TABLE 078. VLNCOMM: PRODUCT PORTFOLIO
TABLE 079. VLNCOMM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. WIRECARD AG: SNAPSHOT
TABLE 080. WIRECARD AG: BUSINESS PERFORMANCE
TABLE 081. WIRECARD AG: PRODUCT PORTFOLIO
TABLE 082. WIRECARD AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. GENERAL ELECTRIC: SNAPSHOT
TABLE 083. GENERAL ELECTRIC: BUSINESS PERFORMANCE
TABLE 084. GENERAL ELECTRIC: PRODUCT PORTFOLIO
TABLE 085. GENERAL ELECTRIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. JPMORGAN CHASE: SNAPSHOT
TABLE 086. JPMORGAN CHASE: BUSINESS PERFORMANCE
TABLE 087. JPMORGAN CHASE: PRODUCT PORTFOLIO
TABLE 088. JPMORGAN CHASE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. OBERTHUR TECHNOLOGIES: SNAPSHOT
TABLE 089. OBERTHUR TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 090. OBERTHUR TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 091. OBERTHUR TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. GIESECKE AND DEVRIENT GMBH: SNAPSHOT
TABLE 092. GIESECKE AND DEVRIENT GMBH: BUSINESS PERFORMANCE
TABLE 093. GIESECKE AND DEVRIENT GMBH: PRODUCT PORTFOLIO
TABLE 094. GIESECKE AND DEVRIENT GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. INTUIT: SNAPSHOT
TABLE 095. INTUIT: BUSINESS PERFORMANCE
TABLE 096. INTUIT: PRODUCT PORTFOLIO
TABLE 097. INTUIT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. PURELIFI: SNAPSHOT
TABLE 098. PURELIFI: BUSINESS PERFORMANCE
TABLE 099. PURELIFI: PRODUCT PORTFOLIO
TABLE 100. PURELIFI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. INGENICO GROUP SA: SNAPSHOT
TABLE 101. INGENICO GROUP SA: BUSINESS PERFORMANCE
TABLE 102. INGENICO GROUP SA: PRODUCT PORTFOLIO
TABLE 103. INGENICO GROUP SA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. ON TRACK INNOVATIONS LTD.: SNAPSHOT
TABLE 104. ON TRACK INNOVATIONS LTD.: BUSINESS PERFORMANCE
TABLE 105. ON TRACK INNOVATIONS LTD.: PRODUCT PORTFOLIO
TABLE 106. ON TRACK INNOVATIONS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 106. 2CHECKOUT: SNAPSHOT
TABLE 107. 2CHECKOUT: BUSINESS PERFORMANCE
TABLE 108. 2CHECKOUT: PRODUCT PORTFOLIO
TABLE 109. 2CHECKOUT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 109. PHILIPS: SNAPSHOT
TABLE 110. PHILIPS: BUSINESS PERFORMANCE
TABLE 111. PHILIPS: PRODUCT PORTFOLIO
TABLE 112. PHILIPS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112. VERIFONE: SNAPSHOT
TABLE 113. VERIFONE: BUSINESS PERFORMANCE
TABLE 114. VERIFONE: PRODUCT PORTFOLIO
TABLE 115. VERIFONE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115. THALES GROUP: SNAPSHOT
TABLE 116. THALES GROUP: BUSINESS PERFORMANCE
TABLE 117. THALES GROUP: PRODUCT PORTFOLIO
TABLE 118. THALES GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118. SQUARE: SNAPSHOT
TABLE 119. SQUARE: BUSINESS PERFORMANCE
TABLE 120. SQUARE: PRODUCT PORTFOLIO
TABLE 121. SQUARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121. LIGHTPOINTE COMMUNICATIONS: SNAPSHOT
TABLE 122. LIGHTPOINTE COMMUNICATIONS: BUSINESS PERFORMANCE
TABLE 123. LIGHTPOINTE COMMUNICATIONS: PRODUCT PORTFOLIO
TABLE 124. LIGHTPOINTE COMMUNICATIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124. NAKAGAWA LABS: SNAPSHOT
TABLE 125. NAKAGAWA LABS: BUSINESS PERFORMANCE
TABLE 126. NAKAGAWA LABS: PRODUCT PORTFOLIO
TABLE 127. NAKAGAWA LABS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 127. OLEDCOMM: SNAPSHOT
TABLE 128. OLEDCOMM: BUSINESS PERFORMANCE
TABLE 129. OLEDCOMM: PRODUCT PORTFOLIO
TABLE 130. OLEDCOMM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 130. NAKAGAWA LABS: SNAPSHOT
TABLE 131. NAKAGAWA LABS: BUSINESS PERFORMANCE
TABLE 132. NAKAGAWA LABS: PRODUCT PORTFOLIO
TABLE 133. NAKAGAWA LABS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 133. LVX SYSTEM: SNAPSHOT
TABLE 134. LVX SYSTEM: BUSINESS PERFORMANCE
TABLE 135. LVX SYSTEM: PRODUCT PORTFOLIO
TABLE 136. LVX SYSTEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 136. VELMENNI: SNAPSHOT
TABLE 137. VELMENNI: BUSINESS PERFORMANCE
TABLE 138. VELMENNI: PRODUCT PORTFOLIO
TABLE 139. VELMENNI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 139. ACI WORLDWIDE: SNAPSHOT
TABLE 140. ACI WORLDWIDE: BUSINESS PERFORMANCE
TABLE 141. ACI WORLDWIDE: PRODUCT PORTFOLIO
TABLE 142. ACI WORLDWIDE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 142. ALIANT PAYMENTS: SNAPSHOT
TABLE 143. ALIANT PAYMENTS: BUSINESS PERFORMANCE
TABLE 144. ALIANT PAYMENTS: PRODUCT PORTFOLIO
TABLE 145. ALIANT PAYMENTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 145. ALIPAY: SNAPSHOT
TABLE 146. ALIPAY: BUSINESS PERFORMANCE
TABLE 147. ALIPAY: PRODUCT PORTFOLIO
TABLE 148. ALIPAY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 148. FIS: SNAPSHOT
TABLE 149. FIS: BUSINESS PERFORMANCE
TABLE 150. FIS: PRODUCT PORTFOLIO
TABLE 151. FIS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 151. FISERV: SNAPSHOT
TABLE 152. FISERV: BUSINESS PERFORMANCE
TABLE 153. FISERV: PRODUCT PORTFOLIO
TABLE 154. FISERV: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 154. GLOBAL PAYMENTS: SNAPSHOT
TABLE 155. GLOBAL PAYMENTS: BUSINESS PERFORMANCE
TABLE 156. GLOBAL PAYMENTS: PRODUCT PORTFOLIO
TABLE 157. GLOBAL PAYMENTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 157. MASTERCARD: SNAPSHOT
TABLE 158. MASTERCARD: BUSINESS PERFORMANCE
TABLE 159. MASTERCARD: PRODUCT PORTFOLIO
TABLE 160. MASTERCARD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 160. PAYSAFE: SNAPSHOT
TABLE 161. PAYSAFE: BUSINESS PERFORMANCE
TABLE 162. PAYSAFE: PRODUCT PORTFOLIO
TABLE 163. PAYSAFE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 163. PAYTRACE: SNAPSHOT
TABLE 164. PAYTRACE: BUSINESS PERFORMANCE
TABLE 165. PAYTRACE: PRODUCT PORTFOLIO
TABLE 166. PAYTRACE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 166. CITRUS PAYMENT SOLUTIONS: SNAPSHOT
TABLE 167. CITRUS PAYMENT SOLUTIONS: BUSINESS PERFORMANCE
TABLE 168. CITRUS PAYMENT SOLUTIONS: PRODUCT PORTFOLIO
TABLE 169. CITRUS PAYMENT SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 169. PAYU: SNAPSHOT
TABLE 170. PAYU: BUSINESS PERFORMANCE
TABLE 171. PAYU: PRODUCT PORTFOLIO
TABLE 172. PAYU: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 172. SPREEDLY: SNAPSHOT
TABLE 173. SPREEDLY: BUSINESS PERFORMANCE
TABLE 174. SPREEDLY: PRODUCT PORTFOLIO
TABLE 175. SPREEDLY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 175. STRIPE: SNAPSHOT
TABLE 176. STRIPE: BUSINESS PERFORMANCE
TABLE 177. STRIPE: PRODUCT PORTFOLIO
TABLE 178. STRIPE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 178. WORLDLINE: SNAPSHOT
TABLE 179. WORLDLINE: BUSINESS PERFORMANCE
TABLE 180. WORLDLINE: PRODUCT PORTFOLIO
TABLE 181. WORLDLINE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 181. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 182. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 183. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 184. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. EPAYMENT SYSTEM MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. EPAYMENT SYSTEM MARKET OVERVIEW BY TYPE
FIGURE 012. POINT OF SALE (POS) SOLUTION MARKET OVERVIEW (2016-2028)
FIGURE 013. PAYMENT GATEWAY SOLUTION MARKET OVERVIEW (2016-2028)
FIGURE 014. PAYMENT PROCESSING SOLUTION MARKET OVERVIEW (2016-2028)
FIGURE 015. PAYMENT WALLET SOLUTION MARKET OVERVIEW (2016-2028)
FIGURE 016. PAYMENT SECURITY & FRAUD MANAGEMENT SOLUTION MARKET OVERVIEW (2016-2028)
FIGURE 017. EPAYMENT SYSTEM MARKET OVERVIEW BY SERVICES
FIGURE 018. PROFESSIONAL SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 019. MANAGED SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 020. EPAYMENT SYSTEM MARKET OVERVIEW BY DEPLOYMENT
FIGURE 021. CLOUD-BASED MARKET OVERVIEW (2016-2028)
FIGURE 022. ON-PREMISES MARKET OVERVIEW (2016-2028)
FIGURE 023. EPAYMENT SYSTEM MARKET OVERVIEW BY INDUSTRY
FIGURE 024. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 025. MEDIA & ENTERTAINMENT MARKET OVERVIEW (2016-2028)
FIGURE 026. RETAIL MARKET OVERVIEW (2016-2028)
FIGURE 027. HEALTHCARE MARKET OVERVIEW (2016-2028)
FIGURE 028. IT & TELECOM MARKET OVERVIEW (2016-2028)
FIGURE 029. TRANSPORTATION & LOGISTICS MARKET OVERVIEW (2016-2028)
FIGURE 030. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 031. NORTH AMERICA EPAYMENT SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. EUROPE EPAYMENT SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. ASIA PACIFIC EPAYMENT SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 034. MIDDLE EAST & AFRICA EPAYMENT SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 035. SOUTH AMERICA EPAYMENT SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the ePayment System Market research report is 2022-2028.
Google Inc. ,Amazon Inc., Apple Pay, Gemalto, Visa Inc., PayPal Holdings, Wipro, Heartland Payment Systems, VLNComm, Wirecard AG, General Electric, JPMorgan Chase, Oberthur Technologies, Giesecke and Devrient GmbH, Intuit, pureLiFi, Ingenico Group SA, On Track Innovations Ltd., 2Checkout, Philips, Verifone, Thales Group, Square, LightPointe Communications, Nakagawa Labs, Oledcomm, Nakagawa Labs, LVX System, Velmenni, ACI Worldwide ,Aliant Payments, Alipay, FIS, Fiserv, Global Payments, Mastercard, Paysafe, PayTrace, Citrus Payment Solutions, PayU, Spreedly, Stripe, Worldline. and other major players.
The ePayment System Market is segmented into Type, Services, Deployment, Industry, and region. By Type, the market is categorized into, Point of Sale (POS) Solution, Payment Gateway Solution, Payment Processing Solution, Payment Wallet Solution, and Payment Security & Fraud Management Solution. By Services, the market is categorized into, Professional Services and Managed Services. By Deployment, the market is categorized into, Cloud-based and On-premises. By Industry, the market is categorized into, BFSI, Media & Entertainment, Retail, Healthcare, IT & Telecom, Transportation & Logistics, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The ePayment system is regarded as the backbone and one of the most important features of e-commerce. For making or receiving payments, an ePayment system or electronic payment system, often known as an online payment system, has acquired great acceptance among consumers and companies alike.
The ePayment System Market was valued at USD 68.83 Billion in 2021 and is projected to reach USD 242.35 Billion by 2028, growing at a CAGR of 19.7% from 2022 to 2028.