Global Payment Processing Solutions Market is Projected to Reach $161.9 Billion by 2030: Players Include PayPal, Fiserv, Global Payments, FIS and Square
Global Market for Payment Processing Solutions
Dublin, March 17, 2023 (GLOBE NEWSWIRE) — The “Payment Processing Solutions: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Payment Processing Solutions estimated at US$58.5 Billion in the year 2022, is projected to reach a revised size of US$161.9 Billion by 2030, growing at a CAGR of 13.6% over the analysis period 2022-2030.
Credit Cards, one of the segments analyzed in the report, is projected to record 11.2% CAGR and reach US$67.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Debit Cards segment is readjusted to a revised 12.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $15.9 Billion, While China is Forecast to Grow at 18.6% CAGR
The Payment Processing Solutions market in the U.S. is estimated at US$15.9 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$38.4 Billion by the year 2030 trailing a CAGR of 18.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 11% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.
Select Competitors (Total 72 Featured) –
- PayPal
- Fiserv
- Global Payments
- FIS
- Square
- Stripe
- MasterCard
- Visa
- Dwolla
- ACI Worldwide
- Adyen
- Paysafe
- Jack Henry & Associates
- Wirecard
- PayU
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 108 |
| Forecast Period | 2020 – 2027 |
| Estimated Market Value (USD) in 2020 | $47 Billion |
| Forecasted Market Value (USD) by 2027 | $108.3 Billion |
| Compound Annual Growth Rate | 12.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Payment Processing Solutions – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/p9758r
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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