Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: TechNavio | PRODUCT CODE: 1076945

Cover Image

PUBLISHER: TechNavio | PRODUCT CODE: 1076945

Unified Payments Interface (UPI) Market in India 2022-2026

PUBLISHED:
PAGES: 120 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
PDF (Single User License)
USD 2500
PDF (Enterprise License)
USD 4000

Add to Cart

Global Unified Payments Interface (UPI) Market In India 2022-2026

Technavio has been monitoring the unified payments interface (UPI) market in India and it is poised to grow by $ 65.49 tn during 2022-2026, decelerating at a CAGR of 132.98% during the forecast period. Our report on the unified payments interface (UPI) market in India 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 country's market scenario, the latest trends and drivers, and the overall market environment. The market is driven by instant and smooth money transfer processes, a rising number of online transactions, and rewards and cashback offered by the vendors for making payments via UPI.

The unified payments interface (UPI) market in India analysis includes application and type segments and geographic landscape.

Technavio's unified payments interface (UPI) market in India is segmented as below:

By Application

  • Money transfers
  • Bill payments
  • Point of sale
  • Others

By Type

  • P2P
  • P2M

This study identifies the growing emergence of mobile apps for shopping transactions as one of the prime reasons driving the unified payments interface (UPI) market in India growth during the next few years. Also, rise in mobile biometrics for payment and growing demand for real-time payment 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 unified payments interface (UPI) market in India covers the following areas:

  • Unified payments interface (UPI) market in India sizing
  • Unified payments interface (UPI) market in India forecast
  • Unified payments interface (UPI) market in India industry analysis

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 unified payments interface (UPI) market in India vendors that include Alphabet Inc., Amazon.com Inc., Apple Inc., Axis Bank Ltd., Bank of Baroda, Bharti Airtel Ltd., Central Bank of India, Dreamplug Technologies Pvt. Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd., Meta Platforms Inc., One MobiKwik System Pvt. Ltd., One97 Communications Ltd., Reliance Industries Ltd., Samsung Electronics Co. Ltd., South Indian Bank Ltd., State Bank of India, Union Bank of India, Walmart Inc., and Yes Bank. Also, the unified payments interface (UPI) market in India 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 the accurate market growth.

Product Code: IRTNTR73450

Table of Contents

1 Executive Summary

  • 1.1 Market overview
  • Exhibit 01: Executive Summary - Chart on Market Overview
  • Exhibit 02: Executive Summary - Data Table on Market Overview
  • Exhibit 03: Executive Summary - Chart on Country Market Characteristics
  • Exhibit 04: Executive Summary - Chart on Market Segmentation by Application
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
  • Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
  • Exhibit 07: Parent market
  • Exhibit 08: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
  • Exhibit 09: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
  • Exhibit 10: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
  • Exhibit 11: Chart on India - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 12: Data Table on India - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 13: Chart on India: Year-over-year growth 2021-2026 (%)
  • Exhibit 14: Data Table on India: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
  • Exhibit 15: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
  • Exhibit 16: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
  • Exhibit 17: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
  • Exhibit 18: Threat of new entrants - Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
  • Exhibit 19: Threat of substitutes - Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
  • Exhibit 20: Threat of rivalry - Impact of key factors in 2021 and 2026
  • 4.7 Market condition
  • Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
  • Exhibit 22: Chart on Application - Market share 2021-2026 (%)
  • Exhibit 23: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
  • Exhibit 24: Chart on Comparison by Application
  • Exhibit 25: Data Table on Comparison by Application
  • 5.3 Money transfers - Market size and forecast 2021-2026
  • Exhibit 26: Chart on Money transfers - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 27: Data Table on Money transfers - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 28: Chart on Money transfers - Year-over-year growth 2021-2026 (%)
  • Exhibit 29: Data Table on Money transfers - Year-over-year growth 2021-2026 (%)
  • 5.4 Bill payments - Market size and forecast 2021-2026
  • Exhibit 30: Chart on Bill payments - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 31: Data Table on Bill payments - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 32: Chart on Bill payments - Year-over-year growth 2021-2026 (%)
  • Exhibit 33: Data Table on Bill payments - Year-over-year growth 2021-2026 (%)
  • 5.5 Point of sale - Market size and forecast 2021-2026
  • Exhibit 34: Chart on Point of sale - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 35: Data Table on Point of sale - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 36: Chart on Point of sale - Year-over-year growth 2021-2026 (%)
  • Exhibit 37: Data Table on Point of sale - Year-over-year growth 2021-2026 (%)
  • 5.6 Others - Market size and forecast 2021-2026
  • Exhibit 38: Chart on Others - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 39: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 40: Chart on Others - Year-over-year growth 2021-2026 (%)
  • Exhibit 41: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.7 Market opportunity by Application
  • Exhibit 42: Market opportunity by Application ($ billion)

6 Market Segmentation by Type

  • 6.1 Market segments
  • Exhibit 43: Chart on Type - Market share 2021-2026 (%)
  • Exhibit 44: Data Table on Type - Market share 2021-2026 (%)
  • 6.2 Comparison by Type
  • Exhibit 45: Chart on Comparison by Type
  • Exhibit 46: Data Table on Comparison by Type
  • 6.3 P2P - Market size and forecast 2021-2026
  • Exhibit 47: Chart on P2P - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 48: Data Table on P2P - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 49: Chart on P2P - Year-over-year growth 2021-2026 (%)
  • Exhibit 50: Data Table on P2P - Year-over-year growth 2021-2026 (%)
  • 6.4 P2M - Market size and forecast 2021-2026
  • Exhibit 51: Chart on P2M - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 52: Data Table on P2M - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 53: Chart on P2M - Year-over-year growth 2021-2026 (%)
  • Exhibit 54: Data Table on P2M - Year-over-year growth 2021-2026 (%)
  • 6.5 Market opportunity by Type
  • Exhibit 55: Market opportunity by Type ($ billion)

7 Customer Landscape

  • 7.1 Customer landscape overview
  • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
  • Exhibit 57: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
  • Exhibit 58: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
  • Exhibit 59: Overview on factors of disruption
  • 9.4 Industry risks
  • Exhibit 60: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
  • Exhibit 61: Vendors covered
  • 10.2 Market positioning of vendors
  • Exhibit 62: Matrix on vendor position and classification
  • 10.3 Alphabet Inc.
  • Exhibit 63: Alphabet Inc. - Overview
  • Exhibit 64: Alphabet Inc. - Business segments
  • Exhibit 65: Alphabet Inc. - Key news
  • Exhibit 66: Alphabet Inc. - Key offerings
  • Exhibit 67: Alphabet Inc. - Segment focus
  • 10.4 Amazon.com Inc.
  • Exhibit 68: Amazon.com Inc. - Overview
  • Exhibit 69: Amazon.com Inc. - Business segments
  • Exhibit 70: Amazon.com Inc. - Key news
  • Exhibit 71: Amazon.com Inc. - Key offerings
  • Exhibit 72: Amazon.com Inc. - Segment focus
  • 10.5 Bharti Airtel Ltd.
  • Exhibit 73: Bharti Airtel Ltd. - Overview
  • Exhibit 74: Bharti Airtel Ltd. - Business segments
  • Exhibit 75: Bharti Airtel Ltd. - Key offerings
  • Exhibit 76: Bharti Airtel Ltd. - Segment focus
  • 10.6 Central Bank of India
  • Exhibit 77: Central Bank of India - Overview
  • Exhibit 78: Central Bank of India - Business segments
  • Exhibit 79: Central Bank of India - Key offerings
  • Exhibit 80: Central Bank of India - Segment focus
  • 10.7 Dreamplug Technologies Pvt. Ltd.
  • Exhibit 81: Dreamplug Technologies Pvt. Ltd. - Overview
  • Exhibit 82: Dreamplug Technologies Pvt. Ltd. - Product / Service
  • Exhibit 83: Dreamplug Technologies Pvt. Ltd. - Key offerings
  • 10.8 Meta Platforms Inc.
  • Exhibit 84: Meta Platforms Inc. - Overview
  • Exhibit 85: Meta Platforms Inc. - Business segments
  • Exhibit 86: Meta Platforms Inc. - Key news
  • Exhibit 87: Meta Platforms Inc. - Key offerings
  • Exhibit 88: Meta Platforms Inc. - Segment focus
  • 10.9 One97 Communications Ltd.
  • Exhibit 89: One97 Communications Ltd. - Overview
  • Exhibit 90: One97 Communications Ltd. - Product / Service
  • Exhibit 91: One97 Communications Ltd. - Key offerings
  • 10.10 Samsung Electronics Co. Ltd.
  • Exhibit 92: Samsung Electronics Co. Ltd. - Overview
  • Exhibit 93: Samsung Electronics Co. Ltd. - Business segments
  • Exhibit 94: Samsung Electronics Co. Ltd. - Key news
  • Exhibit 95: Samsung Electronics Co. Ltd. - Key offerings
  • Exhibit 96: Samsung Electronics Co. Ltd. - Segment focus
  • 10.11 Walmart Inc.
  • Exhibit 97: Walmart Inc. - Overview
  • Exhibit 98: Walmart Inc. - Business segments
  • Exhibit 99: Walmart Inc. - Key news
  • Exhibit 100: Walmart Inc. - Key offerings
  • Exhibit 101: Walmart Inc. - Segment focus
  • 10.12 Yes Bank
  • Exhibit 102: Yes Bank - Overview
  • Exhibit 103: Yes Bank - Business segments
  • Exhibit 104: Yes Bank - Key offerings
  • Exhibit 105: Yes Bank - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
  • Exhibit 106: Inclusions checklist
  • Exhibit 107: Exclusions checklist
  • 11.3 Currency conversion rates for US$
  • Exhibit 108: Currency conversion rates for US$
  • 11.4 Research methodology
  • Exhibit 109: Research methodology
  • Exhibit 110: Validation techniques employed for market sizing
  • Exhibit 111: Information sources
  • 11.5 List of abbreviations
  • Exhibit 112: List of abbreviations
Product Code: IRTNTR73450

Exhibits:

  • Exhibits1: Executive Summary - Chart on Market Overview
  • Exhibits2: Executive Summary - Data Table on Market Overview
  • Exhibits3: Executive Summary - Chart on Country Market Characteristics
  • Exhibits4: Executive Summary - Chart on Market Segmentation by Application
  • Exhibits5: Executive Summary - Chart on Market Segmentation by Type
  • Exhibits6: Executive Summary - Chart on Vendor Market Positioning
  • Exhibits7: Parent market
  • Exhibits8: Market Characteristics
  • Exhibits9: Offerings of vendors included in the market definition
  • Exhibits10: Market segments
  • Exhibits11: Chart on India - Market size and forecast 2021-2026 ($ billion)
  • Exhibits12: Data Table on India - Market size and forecast 2021-2026 ($ billion)
  • Exhibits13: Chart on India: Year-over-year growth 2021-2026 (%)
  • Exhibits14: Data Table on India: Year-over-year growth 2021-2026 (%)
  • Exhibits15: Five forces analysis - Comparison between 2021 and 2026
  • Exhibits16: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
  • Exhibits17: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
  • Exhibits18: Threat of new entrants - Impact of key factors in 2021 and 2026
  • Exhibits19: Threat of substitutes - Impact of key factors in 2021 and 2026
  • Exhibits20: Threat of rivalry - Impact of key factors in 2021 and 2026
  • Exhibits21: Chart on Market condition - Five forces 2021 and 2026
  • Exhibits22: Chart on Application - Market share 2021-2026 (%)
  • Exhibits23: Data Table on Application - Market share 2021-2026 (%)
  • Exhibits24: Chart on Comparison by Application
  • Exhibits25: Data Table on Comparison by Application
  • Exhibits26: Chart on Money transfers - Market size and forecast 2021-2026 ($ billion)
  • Exhibits27: Data Table on Money transfers - Market size and forecast 2021-2026 ($ billion)
  • Exhibits28: Chart on Money transfers - Year-over-year growth 2021-2026 (%)
  • Exhibits29: Data Table on Money transfers - Year-over-year growth 2021-2026 (%)
  • Exhibits30: Chart on Bill payments - Market size and forecast 2021-2026 ($ billion)
  • Exhibits31: Data Table on Bill payments - Market size and forecast 2021-2026 ($ billion)
  • Exhibits32: Chart on Bill payments - Year-over-year growth 2021-2026 (%)
  • Exhibits33: Data Table on Bill payments - Year-over-year growth 2021-2026 (%)
  • Exhibits34: Chart on Point of sale - Market size and forecast 2021-2026 ($ billion)
  • Exhibits35: Data Table on Point of sale - Market size and forecast 2021-2026 ($ billion)
  • Exhibits36: Chart on Point of sale - Year-over-year growth 2021-2026 (%)
  • Exhibits37: Data Table on Point of sale - Year-over-year growth 2021-2026 (%)
  • Exhibits38: Chart on Others - Market size and forecast 2021-2026 ($ billion)
  • Exhibits39: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
  • Exhibits40: Chart on Others - Year-over-year growth 2021-2026 (%)
  • Exhibits41: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • Exhibits42: Market opportunity by Application ($ billion)
  • Exhibits43: Chart on Type - Market share 2021-2026 (%)
  • Exhibits44: Data Table on Type - Market share 2021-2026 (%)
  • Exhibits45: Chart on Comparison by Type
  • Exhibits46: Data Table on Comparison by Type
  • Exhibits47: Chart on P2P - Market size and forecast 2021-2026 ($ billion)
  • Exhibits48: Data Table on P2P - Market size and forecast 2021-2026 ($ billion)
  • Exhibits49: Chart on P2P - Year-over-year growth 2021-2026 (%)
  • Exhibits50: Data Table on P2P - Year-over-year growth 2021-2026 (%)
  • Exhibits51: Chart on P2M - Market size and forecast 2021-2026 ($ billion)
  • Exhibits52: Data Table on P2M - Market size and forecast 2021-2026 ($ billion)
  • Exhibits53: Chart on P2M - Year-over-year growth 2021-2026 (%)
  • Exhibits54: Data Table on P2M - Year-over-year growth 2021-2026 (%)
  • Exhibits55: Market opportunity by Type ($ billion)
  • Exhibits56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Exhibits57: Impact of drivers and challenges in 2021 and 2026
  • Exhibits58: Overview on Criticality of inputs and Factors of differentiation
  • Exhibits59: Overview on factors of disruption
  • Exhibits60: Impact of key risks on business
  • Exhibits61: Vendors covered
  • Exhibits62: Matrix on vendor position and classification
  • Exhibits63: Alphabet Inc. - Overview
  • Exhibits64: Alphabet Inc. - Business segments
  • Exhibits65: Alphabet Inc. - Key news
  • Exhibits66: Alphabet Inc. - Key offerings
  • Exhibits67: Alphabet Inc. - Segment focus
  • Exhibits68: Amazon.com Inc. - Overview
  • Exhibits69: Amazon.com Inc. - Business segments
  • Exhibits70: Amazon.com Inc. - Key news
  • Exhibits71: Amazon.com Inc. - Key offerings
  • Exhibits72: Amazon.com Inc. - Segment focus
  • Exhibits73: Bharti Airtel Ltd. - Overview
  • Exhibits74: Bharti Airtel Ltd. - Business segments
  • Exhibits75: Bharti Airtel Ltd. - Key offerings
  • Exhibits76: Bharti Airtel Ltd. - Segment focus
  • Exhibits77: Central Bank of India - Overview
  • Exhibits78: Central Bank of India - Business segments
  • Exhibits79: Central Bank of India - Key offerings
  • Exhibits80: Central Bank of India - Segment focus
  • Exhibits81: Dreamplug Technologies Pvt. Ltd. - Overview
  • Exhibits82: Dreamplug Technologies Pvt. Ltd. - Product / Service
  • Exhibits83: Dreamplug Technologies Pvt. Ltd. - Key offerings
  • Exhibits84: Meta Platforms Inc. - Overview
  • Exhibits85: Meta Platforms Inc. - Business segments
  • Exhibits86: Meta Platforms Inc. - Key news
  • Exhibits87: Meta Platforms Inc. - Key offerings
  • Exhibits88: Meta Platforms Inc. - Segment focus
  • Exhibits89: One97 Communications Ltd. - Overview
  • Exhibits90: One97 Communications Ltd. - Product / Service
  • Exhibits91: One97 Communications Ltd. - Key offerings
  • Exhibits92: Samsung Electronics Co. Ltd. - Overview
  • Exhibits93: Samsung Electronics Co. Ltd. - Business segments
  • Exhibits94: Samsung Electronics Co. Ltd. - Key news
  • Exhibits95: Samsung Electronics Co. Ltd. - Key offerings
  • Exhibits96: Samsung Electronics Co. Ltd. - Segment focus
  • Exhibits97: Walmart Inc. - Overview
  • Exhibits98: Walmart Inc. - Business segments
  • Exhibits99: Walmart Inc. - Key news
  • Exhibits100: Walmart Inc. - Key offerings
  • Exhibits101: Walmart Inc. - Segment focus
  • Exhibits102: Yes Bank - Overview
  • Exhibits103: Yes Bank - Business segments
  • Exhibits104: Yes Bank - Key offerings
  • Exhibits105: Yes Bank - Segment focus
  • Exhibits106: Inclusions checklist
  • Exhibits107: Exclusions checklist
  • Exhibits108: Currency conversion rates for US$
  • Exhibits109: Research methodology
  • Exhibits110: Validation techniques employed for market sizing
  • Exhibits111: Information sources
  • Exhibits112: List of abbreviations
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!