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Report overview
Electronic Payment is a payment solution which is made through digital modes with no hard cash. In digital payment, both payer and payee use digital modes to send and receive money. Digital payment include payment gateway solutions, payment processing solutions, payment wallet solutions, payment security and fraud management solutions, and POS solutions.
This report contains market size and forecasts of Electronic Payment in Global, including the following market information:
The global Electronic Payment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Payment Gateway Solutions Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electronic Payment include Alipay, Amazon Pay, Apple Pay, Tencent, Google Pay, First Data, Paypal, Fiserv and Visa Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electronic Payment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronic Payment Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Electronic Payment Market Segment Percentages, by Type, 2021 (%)
Global Electronic Payment Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Electronic Payment Market Segment Percentages, by Application, 2021 (%)
Global Electronic Payment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Electronic Payment Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: