Global Payments Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
Global Business Research Company Payments Market Report 2022 – Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, United Kingdom, Sept. 19, 2022 /EINPresswire.com/ — According to the “Payments Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, the size of the Payments market is expected to reach $870.09 billion in 2026 at a CAGR of 11.1%. The COVID-19 outbreak is expected to drive the growth of the payments market over the forecast period.
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The payments marketplace consists of the sale of payment services by entities (organizations, sole proprietorships, and partnerships) that engage in facilitating payment transfers between individuals, businesses, or both. The payments industry consists of establishments primarily engaged in processing money transfers and payments between various accounts.
Global Payments Market Trends
The integration of biometric authentication technology into payments is one of the major trends in the payments market. Biometric authentication is a specific and meaningful means of payment that integrates and offers accuracy, efficiency and protection within a single package
Global Payments Market Segments
The global payments market is segmented:
By type: wire transfer, direct debit, check payment, cash deposit
By application: banks, non-bank financial institutions, other
By end-user industry: retail, banking and financial services, telecommunications, government, transportation, other
By Geography: The global payments market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa. Among these regions, Asia-Pacific accounts for the largest share.
Learn more about the Global Payments Market report here
The Global Payments Market Report 2022 is part of a series of new reports from The Business Research Company that provide global payments market overviews, analysis and forecasts of the global payments market size and growth , Global Payments Market Share, Global Payments Market Segments and Geographies, Global Payments Market Players, Revenues, Profiles and Market Shares of top Global Payments Market Competitors. The Global Payments Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s 2022 Global Payments Market Report includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Main market players: PayPal, Square Inc., Apple Inc., Amazon Payments, Flagship Merchant Services, GoCardless, Bit pay, Stripe, Pay line Data, FIS., ACI Worldwide, MasterCard, Fiserv.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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