Digital Payment Market 2020: Industry Expected to Experience a Positive Growth before 2028 | Google LLC., Amazon.com, Inc., Apple Inc., Mastercard Incorporated, Visa Inc., Paypal, Wirecard, Fiserv, Chetu

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QMI

Report on Digital Payment Market studies current trends, market financial overview, and historical data assessment based on the research insights and complete dynamics of the digital payment market. The global digital payment market is thoroughly examined based on the projection of global market share, size and revenue, calculated by current market performance including drivers, trends and challenges. This report highlights leading companies, types, applications, and factors affecting the positive forward-looking forecast to have a clear understanding. The report also includes a point-by-point improvement of the key merchants working in that market.

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Increasing digital transactions taking place via smartphones is expected to drive the growth of the digital payment market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities. Digital payment uses digital mode to complete the transaction. It is also commonly known as electronic payment. The global digital payment market has been segmented on the basis of mode of payment and end user.

Key Factors Impacting Market Growth:
Increasing digital transactions taking place via smartphones
Rapid digitalization and advancements in technology

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
Google LLC.
Amazon.com, Inc.
Apple Inc.
Mastercard Incorporated
Visa Inc.
Paypal
Wirecard
Fiserv
Chetu
Total System Services (TSYS)
Novatti
ACI Worldwide

On the basis of mode of payment, the market has been segmented into point of sale and online sale. The point of sale segment is further divided into contact payment, contactless payment, and bank cards. The online sale segment is further divided into digital wallets, digital currencies, net banking, and others. There has been a rise in the use of online sales, as it is convenient and user-friendly.

Regional segmentation and analysis to understand growth patterns:

The North America digital payment market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe. Asia Pacific region is segmented by China, Japan, South Korea, India and Australia. Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Key Developments:
o In May 2018, PayPal entered a partnership with Synchrony and significantly expanded its strategic consumer credit relationship
o In 2018, Visa unveiled the world’s first wallet card with features, such as the capacity to access multiple cards and contactless mode of payment

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Market Segmentation:
By Mode of Payment:
o Point of Sale
o Contact Payment
o Contactless Payment
o Bank Cards

o Online Sale
o Digital Wallets
o Digital Currencies
o Net Banking
o Others

By End User:
o Retail
o Banking, Financial Service, and Insurance (BFSI)
o Telecommunication
o Government
o Transportation
o Others

By Region:
o North America
o By Country (US, Canada, Mexico)
o By Mode of Payment
o By End User

o Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Mode of Payment
o By End User

o Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Mode of Payment
o By End User

o Asia Pacific:
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Mode of Payment
o By End User

o Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Mode of Payment
o By End User

o Rest of the World
o By Region (Latin America, Brazil, Rest of the World)
o By Mode of Payment
o By End User

Reasons to Buy This Report:
o Market size estimation of the global digital payment market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.

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