Digital Payment Market: From Research to Real-World Applications

 The new report titled ‘Global Digital Payment Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Digital Payment market outlook over the forecast duration (2021-2028). Researchers have examined the global market holistically and emphasised the elements that affect the market's overall expansion. The study examines the strengths, weaknesses, opportunities, and threats related to the expansion of the various market sectors using effective analytical tools like SWOT analysis and Porter's Five Forces. The study includes vital information, like the market shares of the major players, that aids the reader in gaining a thorough understanding of the Digital Payment market. The most recent research study serves as the ideal illustration of the thorough analysis of the international Digital Payment market. The table of contents, a list of tables and figures, research methods, geographic segmentation, competitive environment, upcoming developments, and technological innovation are all included in this document. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.


The global digital payment market size is expected to reach USD 215.88 Billion at a steady CAGR of 13.3% in 2028, according to latest analysis by Emergen Research. Factors driving steady market revenue growth include rising Internet proliferation and growth of e-commerce sector. According to the International Telecommunication Union (ITU), in 2019, over 4 Billion individuals (51% of the global population) had access to the Internet, an increase of 8.1% from the previous years. Rising Internet proliferation has been pivotal in spurring growth of e-commerce sales, which in turn, is driving demand for digital payment methods such as digital wallets as a means to a secure, convenient, and fast payment method for e-commerce customers. Digital wallet enables a pleasant and improved online shopping experience by eliminating complications in checkout processes, which are the primary reasons behind shoppers abandoning their shopping carts. Additionally, digital wallets are also beneficial in enhancing customer loyalty, thereby encouraging e-commerce service providers to integrate digital wallets in their digital payments options.

Request a sample copy of the report @ https://www.emergenresearch.com/request-sample/607

Some of the key participants in this industry include:

Mastercard Inc., Fiserv Inc., Visa Inc., JPMorgan Chase & Co., PayPal Holdings Inc., Intuit Inc., Global Payments Inc., Stripe, PayU, and ACI Worldwide Inc

The global Digital Payment market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Digital Payment market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Key regions covered in the report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Get access to the full description of the report @ https://www.emergenresearch.com/industry-report/digital-payment-market

This report is the latest document encompassing the massive changes that took place in the Digital Payment market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Digital Payment market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.

  • Offering Outlook (Revenue, USD Billion; 2018–2028)

    • Solutions
      1. Payment Gateway Solutions
      2. Payment Wallet Solutions
      3. Payment Processing Solutions
      4. Payment Security & Fraud Management Solutions
      5. Point of Sale Solutions
    • Services
      1. Professional Services
      2. Managed Services

  • Organization Size Outlook (Revenue, USD Billion; 2018–2028)

    • Large Enterprise
    • Small & Medium-sized Enterprises

  • Mode of Deployment Outlook (Revenue, USD Billion; 2018–2028)

    • On-Premises
    • Cloud

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Digital Payment market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

Questions addressed in the report:

  • What is the estimated market growth rate throughout the forecast period?
  • Which end-use industry is expected to witness the highest demand for Digital Payment in the near future?
  • What is the regulatory framework governing the application of Digital Payment in the food industry?
  • Which manufacturing processes are utilized for the production of Digital Payment?

Request a customized copy of report @ https://www.emergenresearch.com/request-for-customization/607

Thank you for reading our report. For further details or to inquire about the customization of the report, please let us know. We will offer you the report as per your requirements.

Latest Published Reports by Emergen Research:

mobile robot market @ https://www.globenewswire.com/en/news-release/2020/12/03/2138803/0/en/Mobile-Robot-Market-To-Be-Worth-USD-117-89-Billion-by-2027-Growing-at-a-CAGR-of-23-6-Emergen-Research.html

air quality monitoring system market @ https://www.globenewswire.com/news-release/2021/04/22/2215506/0/en/Air-Quality-Monitoring-System-Market-Size-to-Reach-USD-6-78-Billion-in-2028-Rising-Adoption-of-Green-Building-Technologies-and-Increasing-Preference-for-Pollution-Free-Indoor-Envir.html

About Us:

Emergen Research 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 analyses consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

Comments

Post a Comment

Popular posts from this blog

Vehicle-to-Everything (V2X) Market Industry Revenue, Statistics, Forecast by Emergen Research

Image
  One of the most sought-after market reports regarding in-depth analysis of the global   Vehicle-to-Everything (V2X) Market   is the most recent report from Emergen Research, titled "Global Vehicle-to-Everything (V2X) Market - Forecast to year 2028". Finally, the report provides compelling insights into the growth of the global and regional Vehicle-to-Everything (V2X) Market. The authors of the report provided the necessary information. related to the latest Vehicle-to-Everything (V2X) Market trends along with important parameters that influence the growth of the market in both short term and long term. They are also intended to help companies in this industry make the right decisions and write profitable business plans. Some of the world's most famous venture capitalists are among the recipients of this very report. These individuals are provided with clear insight into the competitive landscape of the Global Vehicle-to-Everything (V2X) Market in the report. The coronav...
Read more

Optical Coating Market Statistics, Business Opportunities, Competitive Landscape and Industry Analysis Report

Image
  The Global   Optical Coating Market   Research Report is a detailed document describing recent advancements and developments in the field of Optical Coatings considering 2019 as the base year and 2022-2030   as the forecast timeframe. Profiles of both established and up-and-coming players are also provided, together with information on their business strategies, product portfolios, strategic alliances, and business expansion plans. Due to travel restrictions and the influence lockdowns have on supply and demand, the current COVID-19 epidemic is anticipated to have an impact on the expansion of the Optical Coating industry.  The market's expansion on a national and international level is also covered in the study. In numerous important regions, market growth has been significantly hampered by supply chain interruptions and economic instability. The global optical coating market size was USD 13.02 Billion in 2021 and is expected to register a revenue CAGR of 7.9...
Read more

Artificial Intelligence in Transportation Market Revenue, Statistics, Industry Growth and Demand Analysis Research Report

Image
  The goal of the most recent market intelligence report, "Global   Artificial Intelligence in Transportation Market ", is to provide the intended audience with essential details about the global keyword industry. The report provides in-depth analysis of the variables influencing the growth of the industry as well as the Artificial Intelligence in Transportation market. The advantages and disadvantages of the pandemic for the Artificial Intelligence in Transportation business are covered in great length in the paper. Due to supply chain interruptions and economic unpredictability, the dynamics of the Artificial Intelligence in Transportation business have shifted. The most significant geographic and market segmental effects of the pandemic are examined in the paper. In light of this, Emergen Research's report on the Artificial Intelligence in Transportation Market is a comprehensive compilation of the most crucial market factors, including product offerings by key players...
Read more