Published by news degree
Posted on August 4, 2021
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.
The Digital Payment market intelligence report aims to decipher solutions to several critical issues encountered by Digital Payment market players that are curtailing the growth of the market. The Digital Payment market report evaluates the viability of new investment projects and presents accurate market estimations. Overall, the report gives the major statistics on the current landscape of the Digital Payment market and acts as an exhaustive database of valuable information for all the companies, stakeholders, distributors, and readers interested in strengthening their share in the global market.
Download FREE Sample Brochure (Customized Sample PDF File delivered as per your specific requirement)@ https://www.emergenresearch.com/request-sample/607
Global Digital Payment market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Digital Payment Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market.
Competitive Scenario:
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Digital Payment market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive market revenue growth to a significant extent over the forecast period.
The Global Digital Payment Market is consolidated due to the presence of a large number of both domestic and international manufacturers. The international companies are resorting to innovative expansion strategies like mergers and acquisitions (M&A), joint ventures, and collaborations, in order to broaden their product range, thereby increasing the global market share. The competition among the major competitors is dependent on several elements viz., the supply chain, technological innovation, production capacity, and cost analysis.
Top key Companies in Digital Payment Market are:
Mastercard Inc., Fiserv Inc., Visa Inc., JPMorgan Chase & Co., PayPal Holdings Inc., Intuit Inc., Global Payments Inc., Stripe, PayU, and ACI Worldwide Inc.
Browse Full Report Description with TOC@ https://www.emergenresearch.com/industry-report/digital-payment-market
The Digital Payment market report looks at the paradigm shifts in the market as seen in the global landscape to help readers capitalize on the developments in the competitive scenario. By accumulating industry-wide data, the report creates an exhaustive database containing all critical aspects of the global market including, Geographies, Technology, Product Types, Applications, Business Verticals, and Sales Channels, among others.
Emergen Research has segmented the global digital payment market on the basis of offering, organization size, mode of deployment, industry vertical, and region:
Request customized copy of Digital Payment report@ https://www.emergenresearch.com/request-for-customization/607
Pivotal market aspects like market trends, the shift in customer preferences, fluctuating consumption, cost volatility, the product range available in the market, growth rate, drivers and constraints, financial standing, and challenges existing in the Digital Payment market are comprehensively evaluated to deduce their impact on the growth of the Digital Payment market in the coming years. The report also gives an industry-wide competitive analysis, highlighting the different market segments, individual market share of leading players, and the contemporary market scenario and the most vital elements to study while assessing the global Digital Payment market.
Region wise performance of the Digital Payment industry
An extensive analysis of the Digital Payment market has also been performed, which includes different factors, right from region-centric statistical data and commercial progress to both macro- and micro-economic indicators that are vital to draw a precise forecast. Furthermore, the study gives a comprehensive assessment of the growth prospects, challenges, drivers, hurdles, and the patents observed in the Digital Payment market. Additionally, the key vendor analysis, product launches, market trends, and revenue generation, have also been furnished in the report to help readers formulate lucrative strategies.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Buy Your Exclusive Copy@ https://www.emergenresearch.com/select-license/607
Key point summary of the Digital Payment market report:
Table of Content
Chapter 1. Methodology & Sources
1.1. Digital Payment Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Digital Payment Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Digital Payment Market Segmentation & Impact Analysis
4.1. Digital Payment Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Digital Payment Market indicators analysis
4.2.2. Digital Payment Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Digital Payment Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Digital Payment products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Digital Payment Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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The post Digital Payment Market Manufacturers, Research Methodology, Competitive Landscape and Business Opportunities by 2028 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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.
The Digital Payment market intelligence report aims to decipher solutions to several critical issues encountered by Digital Payment market players that are curtailing the growth of the market. The Digital Payment market report evaluates the viability of new investment projects and presents accurate market estimations. Overall, the report gives the major statistics on the current landscape of the Digital Payment market and acts as an exhaustive database of valuable information for all the companies, stakeholders, distributors, and readers interested in strengthening their share in the global market.
Download FREE Sample Brochure (Customized Sample PDF File delivered as per your specific requirement)@ https://www.emergenresearch.com/request-sample/607
Global Digital Payment market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Digital Payment Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market.
Competitive Scenario:
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Digital Payment market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive market revenue growth to a significant extent over the forecast period.
The Global Digital Payment Market is consolidated due to the presence of a large number of both domestic and international manufacturers. The international companies are resorting to innovative expansion strategies like mergers and acquisitions (M&A), joint ventures, and collaborations, in order to broaden their product range, thereby increasing the global market share. The competition among the major competitors is dependent on several elements viz., the supply chain, technological innovation, production capacity, and cost analysis.
Top key Companies in Digital Payment Market are:
Mastercard Inc., Fiserv Inc., Visa Inc., JPMorgan Chase & Co., PayPal Holdings Inc., Intuit Inc., Global Payments Inc., Stripe, PayU, and ACI Worldwide Inc.
Browse Full Report Description with TOC@ https://www.emergenresearch.com/industry-report/digital-payment-market
The Digital Payment market report looks at the paradigm shifts in the market as seen in the global landscape to help readers capitalize on the developments in the competitive scenario. By accumulating industry-wide data, the report creates an exhaustive database containing all critical aspects of the global market including, Geographies, Technology, Product Types, Applications, Business Verticals, and Sales Channels, among others.
Emergen Research has segmented the global digital payment market on the basis of offering, organization size, mode of deployment, industry vertical, and region:
Request customized copy of Digital Payment report@ https://www.emergenresearch.com/request-for-customization/607
Pivotal market aspects like market trends, the shift in customer preferences, fluctuating consumption, cost volatility, the product range available in the market, growth rate, drivers and constraints, financial standing, and challenges existing in the Digital Payment market are comprehensively evaluated to deduce their impact on the growth of the Digital Payment market in the coming years. The report also gives an industry-wide competitive analysis, highlighting the different market segments, individual market share of leading players, and the contemporary market scenario and the most vital elements to study while assessing the global Digital Payment market.
Region wise performance of the Digital Payment industry
An extensive analysis of the Digital Payment market has also been performed, which includes different factors, right from region-centric statistical data and commercial progress to both macro- and micro-economic indicators that are vital to draw a precise forecast. Furthermore, the study gives a comprehensive assessment of the growth prospects, challenges, drivers, hurdles, and the patents observed in the Digital Payment market. Additionally, the key vendor analysis, product launches, market trends, and revenue generation, have also been furnished in the report to help readers formulate lucrative strategies.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Buy Your Exclusive Copy@ https://www.emergenresearch.com/select-license/607
Key point summary of the Digital Payment market report:
Table of Content
Chapter 1. Methodology & Sources
1.1. Digital Payment Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Digital Payment Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Digital Payment Market Segmentation & Impact Analysis
4.1. Digital Payment Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Digital Payment Market indicators analysis
4.2.2. Digital Payment Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Digital Payment Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Digital Payment products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Digital Payment Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3. Others
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The post Digital Payment Market Manufacturers, Research Methodology, Competitive Landscape and Business Opportunities by 2028 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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