Global Digital Payments Market Opportunities And Strategies – Forecast To 2030 – Includes Digital Payments Market Share
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The digital payments market is expected to be aided by rapid growth in investments in smart city projects in many countries globally, as per The Business Research Company’s digital payments market opportunities and strategies report.
The digital payments market is expected to grow from $125.01 billion in 2025 at a rate of 8.4%. The global digital payments market size is then expected to grow at a CAGR of 8.1% from 2025 and reach $184.92 billion in 2030.
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Major players in the digital payments market include Paypal Holdings Inc., Ant Group, Amazon.com, Inc., Visa Inc., Apple Inc.
Companies operating in the digital payments industry are increasingly adopting wearable devices as payment devices. Wearable devices are a category of electronic devices that can be worn as on the body and are used for tracking information on a real-time basis. The gadgets are hands-free devices with practical applications that are powered by microprocessors and have the ability to send and receive data via the Internet. Wearable devices allow consumers to enjoy the convenience of using their card for payments. They also enable payments to be quickly and invisibly added to wearables, delivering an enhanced consumer experience.
The Global Digital Payments Market Is Segmented:
By Mode Of Payment: Point Of Sale (POS), On-Premises
By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation
By Deployment: Cloud, On-Premise
By Enterprise: Large Enterprises, Small And Medium Enterprises
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Digital Payments Market Report Covers:
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Digital Payments Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough digital payments market research, analyzes and forecasts digital payments market size, digital payments market share, digital payments market players, digital payments market trends, digital payments market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s digital payments market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
The digital payments market consists of sales of digital payment services by entities (organizations, sole traders and partnerships) that provide all the transactions that take place across the digital medium along with the associated products and services. Digital payment is a payment mode that uses a digital medium such as mobile wallets, bank cards, point of sale (POS), internet banking and other devices to send and receive money. Digital payment is a way of making payment through digital modes where the payers and payees exchange funds digitally.
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