Published by Jessica Weisman-Pitts
Posted on January 31, 2022
The global ePayment system market revenue totaled ~US$ 77.8 Bn in 2020, according to Future Market Insights (FMI). The overall market is expected to reach ~US$ 456.6 Bn by 2031, growing at a CAGR of around 17.7% for 2021 – 31.
The ePayment system market is estimated to account for nearly 75% of the global payments market. With rising popularity of contactless payments and e-Payment gateways, the market for ePayment systems has witnessed significant growth.
Furthermore, increasing Internet banking and Internet shopping have significantly pushed the use of ePayment system across the globe. ePayment systems have grown increasingly over the last few decades, due to the spread of Internet technologies. As the world advances more with technology development, it is creating the demand for ePayment systems.
For more Insights into the Market, Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-5813
Global ePayment System Market: Segmental Analysis
In this report, FMI has segmented the global ePayment system market on the basis of product type, payment mode, and region. By product type, the ePayment system market is sub-segmented into software platforms and services. The software platforms sub-segment is poised to reflect higher lucrativeness, and is likely to lead the global ePayment system market in the years to follow. This segment showcases dual dominance, in terms of both, market share and growth rate for the ePayment system market during the forecast period. Due to the rising e-Commerce market, the software platforms sub-segment of the global ePayment system market is expected to account for more than 65% market share in 2017. In addition, the services sub-segment of the ePayment system market is estimated to register a high CAGR of 12.5% during the forecast period. This segment is estimated to reach US$ 229,810.2 Mn by the end of 2026 in the ePayment system market.
On the basis of payment mode, the global ePayment system market is sub-segmented into credit cards, e-wallets, debit & other cards, bank transfer, cash on delivery, and other modes. The credit cards sub-segment is estimated to dominate the overall ePayment System market. This segment is estimated to reach US$ 272,470.3 Mn by the end of 2026. In addition, the e-wallets ePayment system segment is expected to expand at a 15.2% CAGR over the forecast period in the ePayment systems market, and be valued at US$ 190,697.2 Mn by 2026 end.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-5813
Key Developments by Vendors in the Global ePayment System Market
Key Segments
By Product Type
By Payment Mode
Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/5813
Table Of Content
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Future Market Insights
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Website: https://www.futuremarketinsights.com
The global ePayment system market revenue totaled ~US$ 77.8 Bn in 2020, according to Future Market Insights (FMI). The overall market is expected to reach ~US$ 456.6 Bn by 2031, growing at a CAGR of around 17.7% for 2021 – 31.
The ePayment system market is estimated to account for nearly 75% of the global payments market. With rising popularity of contactless payments and e-Payment gateways, the market for ePayment systems has witnessed significant growth.
Furthermore, increasing Internet banking and Internet shopping have significantly pushed the use of ePayment system across the globe. ePayment systems have grown increasingly over the last few decades, due to the spread of Internet technologies. As the world advances more with technology development, it is creating the demand for ePayment systems.
For more Insights into the Market, Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-5813
Global ePayment System Market: Segmental Analysis
In this report, FMI has segmented the global ePayment system market on the basis of product type, payment mode, and region. By product type, the ePayment system market is sub-segmented into software platforms and services. The software platforms sub-segment is poised to reflect higher lucrativeness, and is likely to lead the global ePayment system market in the years to follow. This segment showcases dual dominance, in terms of both, market share and growth rate for the ePayment system market during the forecast period. Due to the rising e-Commerce market, the software platforms sub-segment of the global ePayment system market is expected to account for more than 65% market share in 2017. In addition, the services sub-segment of the ePayment system market is estimated to register a high CAGR of 12.5% during the forecast period. This segment is estimated to reach US$ 229,810.2 Mn by the end of 2026 in the ePayment system market.
On the basis of payment mode, the global ePayment system market is sub-segmented into credit cards, e-wallets, debit & other cards, bank transfer, cash on delivery, and other modes. The credit cards sub-segment is estimated to dominate the overall ePayment System market. This segment is estimated to reach US$ 272,470.3 Mn by the end of 2026. In addition, the e-wallets ePayment system segment is expected to expand at a 15.2% CAGR over the forecast period in the ePayment systems market, and be valued at US$ 190,697.2 Mn by 2026 end.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-5813
Key Developments by Vendors in the Global ePayment System Market
Key Segments
By Product Type
By Payment Mode
Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/5813
Table Of Content
Related Reports :
Natural Antioxidants Market – The global natural antioxidants market revenue is set to reach ~US$ 2.1 Bn in 2022. The natural antioxidants market is expected to grow at a CAGR of ~6% during the forecast period of 2022-2032.
Modified Starch Market – The global modified starch market size is estimated to be valued at USD 12.6 billion in 2022 and projected to reach USD 21.2 billion by 2032, recording a CAGR of 5.6%.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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