Global Digital Payment Market to Touch $168.65 Billion Mark at a CAGR of 19.2% by 2026 – Market Research Report 2019
Dec 14, 2018
Professional market research report on "Global Digital Payment Market Analysis and Forecast 2018-2026" with accurate data, top companies profiles, competitor analysis, industry size, demand overview, driving factors and trends.
Manhattan, United States - December 14, 2018 /MarketersMedia/ —
According to Stratistics MRC, the Global Digital Payment Market is accounted for $34.65 billion in 2017 and is expected to reach $168.65 billion by 2026 growing at a CAGR of 19.2% during the forecast period. The increasing adoption of smartphones & e-commerce applications and the changing consumer trend are propelling the market growth. However the chances of frauds in transactions are restraining the market.
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A digital payment is a mode of payments that are carried out using digitally electronic gadgets such as smartphones, tablets and computers etc to purchase good s and services. The digital payments are different from physical cash or cheques and operate directly from bank accounts & servers. This type of payments is considered safe and reliable as they does not have chance of physical damage or theft and can be used from wherever possible easily with all the required updates. In recent days, governments are framing necessary rules and regulations to completely adopt digital payments due to its accountability.
By means of payment, the contact less payment systems are type of payments that does not require the phone number of the personnel but is rather depended upon other sources like smartcards, debit & credit cards and other wallet cards that make use of near field communication or radio-frequency identification (RFID) to make safe & secure payments. The sources are basically equipped with embedded chip and antenna that help in carry the transactions.
Among geography, North America is expected to have a huge growth rate due to the maximum adoption of mobile commerce and internet. In addition the presence of various key digital payment vendors enhance the market by increasing the usability and interests among the common people.
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Some of the key players in the Digital Payment market are Google LLC., Amazon.com, Inc., Apple Inc., Mastercard Incorporated, Visa Inc., First Data, Paypal, Worldpay, Wirecard, Fiserv, Chetu, Total System Services (TSYS), Novatti, ACI Worldwide, Global Payments, Bluesnap, Paysafe, Worldline, Wex and Six Payment Services.
Means of Payments Covered:
Contact-less Payment Methods
Contact Payment methods
Types Covered:
Services
Solutions
Mode of Payments Covered:
Internet Based
Bank Cards
Deployment Modes Covered:
Cloud
On-Premises
Organisation Sizes Covered:
Large Enterprises
Small & Medium Enterprises (SMEs)
End Users Covered:
Telecom & Information Technology (IT)
Retail & E-Commerce
Banking, Financial Services, and Insurance (BFSI)
Media & Entertainment
Healthcare
Transportation
Government
Other End Users
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Buy the Report@http://www.arcognizance.com/purchase/196111?license=single
Major Points From the Table of Content:
Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Global Digital Payment Market, By Means of Payment
Global Digital Payment Market, By Type
Global Digital Payment Market, By Mode of Payment
Global Digital Payment Market, By Deployment Mode
Global Digital Payment Market, By Organisation Size
Global Digital Payment Market, By End User
Global Digital Payment Market, By Geography
Key Developments
Company Profiling
About Us:
Analytical Research Cognizance is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics" based on the data collection facilities of big data, the face of "business research facilities" has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the "out of the box" developments in the market.
Contact Info:
Name: Matt Wilson
Email: Send Email
Organization: Analytical Research Cognizance
Address: 100 Church street, 8th floor, Manhattan, New york, 10007
Phone: +1 (646) 434-7969
Website: http://www.arcognizance.com/report/global-digital-payment-market-outlook-2017-2026
Source: MarketersMedia
Release ID: 460127
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