PUBLISHER: TechNavio | PRODUCT CODE: 1267506
PUBLISHER: TechNavio | PRODUCT CODE: 1267506
Technavio has been monitoring the payment gateways market and is forecast to grow by USD 8551.26 mn during 2022-2027, accelerating at a CAGR of 11.72% during the forecast period. Our report on the payment gateways market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the high adoption of contactless payment solutions, growth in demand for POS terminals from end-users, and the focus on high customer satisfaction.
Technavio's payment gateways market is segmented as below:
By End-user
By Type
By Geographical Landscape
This study identifies the emergence of NFC-based payment technology as one of the prime reasons driving the payment gateways market growth during the next few years. Also, the high adoption of cloud computing and the emergence of big data management will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the payment gateways market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading payment gateways market vendors that include Adyen NV, Amazon.com Inc., B2Broker Ltd., BitPay Inc., Block Inc., CCBill LLC, Fidelity National Information Services Inc., Global Payments Inc., Infibeam Avenues Ltd., Ingenico Group SA, JPMorgan Chase and Co., Mastercard Inc., MIH PayU BV, Payoneer Global Inc., Razorpay Software Pvt Ltd., Visa Inc., One97 Communications Ltd., PayPal Holdings Inc., Stripe Inc., and VeriFone Inc. Also, the payment gateways market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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