PUBLISHER: BCC Research | PRODUCT CODE: 1099256
PUBLISHER: BCC Research | PRODUCT CODE: 1099256
The global market for real-time payments is estimated to increase from $19.8 billion in 2022 to $88.7 billion by 2027, at a compound annual growth rate (CAGR) of 35.0% during the forecast period of 2022 through 2027.
The global market for real-time payments in the retail and e-commerce industry is estimated to increase from $4.6 billion in 2022 to $23.7 billion by 2027, at a CAGR of 39.0% during the forecast period of 2022 through 2027.
The global market for real-time payments in the banking, financial services, and insurance (BFSI) industry is estimated to increase from $5.3 billion in 2022 to $21.9 billion by 2027, at a CAGR of 33.0% during the forecast period of 2022 through 2027.
This report provides an overview of the global market for real-time payments and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period 2022 through 2027. Revenue forecasts for this period are segmented based on component, transaction type, mode of deployment, organization size, end-use industry, and region.
The report also focuses on the major trends and challenges that affect the market and the competitive landscape. It explains the current market trends and provides detailed profiles of the major players and the strategies they adopt to enhance their market presence. The report estimates the size of the global market for real-time payments in 2021 and provides projections of the expected market size through 2027.