Payment Gateway Market Size By Type, By Organization Size, By Application, Growth Potential, Regional Outlook, Competitive Market Share & Forecast, 2023

Description

List of Tables

Global Payment Gateway Market is estimated to grow considerably through 2032, owing to the increasing government support towards the fintech sector. Incentives and grants offered by the government to promote talent mobility will further proliferate the industrial growth.

However, growing digitization has resulted in mounting cyber security threats worldwide. To safeguard customers from theft and data breaches, several market leaders are investing in developing their own payment gateway systems to avoid third-party payments. For instance, in February 2022, Bank of America launched its innovative online payment system, Pay by Bank. The new tool, developed in collaboration with Banked Ltd., enables e-commerce enterprise clients, primarily in the UK, to pay straight from their bank account.

Moreover, participants in the payment gateway industry are primarily focusing on introducing cutting-edge innovations which will potentially transform the market outlook through the ensuing years.

The payment gateway market has been divided in terms of type, organization size, application, and region.

Based on type, the local bank integrated segment garnered more than 11% revenue share in 2022. The surging adoption of digital technology among banking and financial companies is estimated to be one of the key drivers fueling the product demand. The local bank integrated payment gateways come in handy for small businesses that seek straightforward one-time online payment structures. Their ease of use and simpler set up is largely contributing to the growing adoption across such businesses.

With respect to application, the media & entertainment segment is projected to grow at 26% CAGR from 2023 to 2032. The media and entertainment sector has advanced technologically to offer consumers improved entertainment options, including 3D movies and television shows, gaming, and others. People can leverage payment gateway services by making online payments from any region. Building on this, companies are now rolling out advanced features and solutions to bring in enhanced viewer experience.

For instance, in December 2022, Nowpayments, a non-custodial cryptocurrency payment gateway, announced that customers would now be allowed to pay for the online streaming giant Netflix and online music streaming platform Spotify subscriptions with SHIB.

From the regional perspective, the Middle East & Africa payment gateway market is slated to depict positive growth through the forecast period. The growing trend of strategic collaborations with key market participants to extend payment capabilities is creating better opportunities for expansion in the MEA payment gateway market. The lack of payment security measures and rising cyberattacks, however, are hindering the market growth.

Product Code: 5077

Chapter 1 Methodology & Scope

1.1 Market definition
1.2 Base estimates & forecast
1.3 Forecast calculations
1.4 Data Sources
- 1.4.1 Secondary
- 1.4.2 Primary
- 1.4.3 Industry Glossary

Chapter 2 Executive Summary

2.1 Payment gateway industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total adressable market (TAM) trends, 2023 - 2032
2.3 Regional trends
2.4 Type trends
2.5 Organization size trends
2.6 Application trends

Chapter 3 Payment Gateway Industry Insights

3.1 Introduction
3.2 Impact of COVID-19 outbreak
- 3.2.1 By region
  - 3.2.1.1 North America
  - 3.2.1.2 Europe
  - 3.2.1.3 Asia Pacific
  - 3.2.1.4 Latin America
  - 3.2.1.5 Middle East & Africa
3.3 Impact of Russia Ukraine war
3.4 Payment gateway ecosystem analysis
- 3.4.1 Issuers
- 3.4.2 Acquirers
- 3.4.3 Credit card networks
- 3.4.4 Payment processors
- 3.4.5 Payment gateways
- 3.4.6 Independent Sales Organizations (ISOs)
- 3.4.7 Payment facilitators
- 3.4.8 Payment processing hardware providers
- 3.4.9 Shareholder profit margin analysis
- 3.4.10 Vendor matrix
3.5 Payment gateway evolution
3.6 Regulatory landscape
- 3.6.1 Alternative Investment Fund Managers Directive (AIFMD)
- 3.6.2 Anti-Money Laundering Directive 2015/849/EU (AMLD)
- 3.6.3 Dodd-Frank Wall Street Reform and Consumer Protection Act
- 3.6.4 European Market Infrastructure Regulation (EMIR)
- 3.6.5 Federal Information Security Management Act (FISMA)
- 3.6.6 Foreign Account Tax Compliance Act (FATCA)
- 3.6.7 General Data Protection Regulation (GDPR)
- 3.6.8 Health Insurance Portability and Accountability Act (HIPAA)
- 3.6.9 Markets in Financial Instruments Directive (MiFID)
- 3.6.10 North American Electric Reliability Corp. (NERC) standards
- 3.6.11 Payment Card Industry Data Security Standard (PCI DSS)
- 3.6.12 The Gramm-Leach-Bliley Act (GLB) Act of 1999
- 3.6.13 The Sarbanes-Oxley Act of 2022
3.7 Technology and innovation landscape
- 3.7.1 Application Processing Interface (API)
- 3.7.2 Blockchain
- 3.7.3 AI and machine learning
- 3.7.4 Biometrics
3.8 Patent analysis
3.9 Key news & initiatives
3.10 Investment portfolio
3.11 Industry impact forces
- 3.11.1 Growth drivers
  - 3.11.1.1 Increasing e-commerce sales along with growing internet penetration
  - 3.11.1.2 Changing consumer preferences towards digital payments
  - 3.11.1.3 Supportive government initiatives
  - 3.11.1.4 Increasing financial literacy across developing nations
  - 3.11.1.5 Catalyzed investments in the fintech industry
- 3.11.2 Industry pitfalls & challenges
  - 3.11.2.1 Rising cybersecurity issues
  - 3.11.2.2 Absence of a global standard for cross-border transactions
3.12 Porter's analysis
- 3.12.1 Bargaining power of suppliers
- 3.12.2 Bargaining power of buyers
- 3.12.3 The threat of new entrants
- 3.12.4 The threat of substitute
- 3.12.5 Competitive rivalry
3.13 PESTEL analysis
- 3.13.1 Political
- 3.13.2 Economic
- 3.13.3 Social
- 3.13.4 Technological
- 3.13.5 Legal
- 3.13.6 Environmental

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Market share analysis, 2022
4.3 Competitive analysis of key market players, 2022
- 4.3.1 Adyen N.V.
- 4.3.2 Authorize.Net
- 4.3.3 PayPal Holdings Inc.
- 4.3.4 PayU Group
- 4.3.5 Square, Inc.
- 4.3.6 Stripe
- 4.3.7 Verifone Holdings Inc.
4.4 Competitive analysis of market innovators, 2022
- 4.4.1 Amazon.com. Inc.
- 4.4.2 Braintree
- 4.4.3 Payoneer Inc.
- 4.4.4 Skrill Limited
- 4.4.5 Worldpay, Inc.
4.5 Strategic outlook matrix
4.6 Competitive positioning matrix

Chapter 5 Payment Gateway Market, By Type

5.1 Payment gateway market share, by type, 2022 & 2032
5.2 Hosted payment gateway
- 5.2.1 Market estimates and forecast, 2018 - 2032
5.3 Non-hosted payment gateway
- 5.3.1 Market estimates and forecast, 2018 - 2032
5.4 Local bank integrated payment gateway
- 5.4.1 Market estimates and forecast, 2018 - 2032

Chapter 6 Payment Gateway Market, By Organization Size

6.1 Payment gateway market share, by organization size, 2022 & 2032
6.2 SMEs
- 6.2.1 Market estimates and forecast, 2018 - 2032
6.3 Large enterprises
- 6.3.1 Market estimates and forecast, 2018 - 2032

Chapter 7 Payment Gateway Market, By Application

7.1 Payment gateway market share, by application, 2022 & 2032
7.2 Travel and hospitality
- 7.2.1 Market estimates and forecast, 2018 - 2032
7.3 Retail & e-commerce
- 7.3.1 Market estimates and forecast, 2018 - 2032
7.4 Media & entertainment
- 7.4.1 Market estimates and forecast, 2018 - 2032
7.5 Healthcare
- 7.5.1 Market estimates and forecast, 2018 - 2032
7.6 Energy & utilities
- 7.6.1 Market estimates and forecast, 2018 - 2032
7.7 IT & telecom
- 7.7.1 Market estimates and forecast, 2018 - 2032
7.8 BFSI
- 7.8.1 Market estimates and forecast, 2018 - 2032
7.9 Others
- 7.9.1 Market estimates and forecast, 2018 - 2032

Chapter 8 Payment Gateway Market, By Region

8.1 Payment gateway market share, by region, 2022 & 2032
8.2 North America
- 8.2.1 Market estimates and forecast, 2018 - 2032
- 8.2.2 Market estimates and forecast, by type, 2018 - 2032
- 8.2.3 Market estimates and forecast, by organization size, 2018 - 2032
- 8.2.4 Market estimates and forecast, by application, 2018 - 2032
- 8.2.5 U.S.
  - 8.2.5.1 Market estimates and forecast, 2018 - 2032
  - 8.2.5.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.2.5.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.2.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.2.6 Canada
  - 8.2.6.1 Market estimates and forecast, 2018 - 2032
  - 8.2.6.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.2.6.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.2.6.4 Market estimates and forecast, by application, 2018 - 2032
8.3 Europe
- 8.3.1 Market estimates and forecast, 2018 - 2032
- 8.3.2 Market estimates and forecast, by type, 2018 - 2032
- 8.3.3 Market estimates and forecast, by organization size, 2018 - 2032
- 8.3.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.5 UK
  - 8.3.5.1 Market estimates and forecast, 2018 - 2032
  - 8.3.5.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.3.5.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.3.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.6 Germany
  - 8.3.6.1 Market estimates and forecast, 2018 - 2032
  - 8.3.6.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.3.6.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.3.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.7 France
  - 8.3.7.1 Market estimates and forecast, 2018 - 2032
  - 8.3.7.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.3.7.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.3.7.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.8 Italy
  - 8.3.8.1 Market estimates and forecast, 2018 - 2032
  - 8.3.8.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.3.8.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.3.8.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.9 Spain
  - 8.3.9.1 Market estimates and forecast, 2018 - 2032
  - 8.3.9.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.3.9.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.3.9.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.10 Netherlands
  - 8.3.10.1 Market estimates and forecast, 2018 - 2032
  - 8.3.10.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.3.10.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.3.10.4 Market estimates and forecast, by application, 2018 - 2032
8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2018 - 2032
- 8.4.2 Market estimates and forecast, by type, 2018 - 2032
- 8.4.3 Market estimates and forecast, by organization size, 2018 - 2032
- 8.4.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.5 China
  - 8.4.5.1 Market estimates and forecast, 2018 - 2032
  - 8.4.5.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.4.5.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.4.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.6 India
  - 8.4.6.1 Market estimates and forecast, 2018 - 2032
  - 8.4.6.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.4.6.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.4.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.7 Japan
  - 8.4.7.1 Market estimates and forecast, 2018 - 2032
  - 8.4.7.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.4.7.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.4.7.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.8 South Korea
  - 8.4.8.1 Market estimates and forecast, 2018 - 2032
  - 8.4.8.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.4.8.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.4.8.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.9 Australia & New Zealand (ANZ)
  - 8.4.9.1 Market estimates and forecast, 2018 - 2032
  - 8.4.9.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.4.9.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.4.9.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.10 Southeast Asia
  - 8.4.10.1 Market estimates and forecast, 2018 - 2032
  - 8.4.10.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.4.10.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.4.10.4 Market estimates and forecast, by application, 2018 - 2032
8.5 Latin America
- 8.5.1 Market estimates and forecast, 2018 - 2032
- 8.5.2 Market estimates and forecast, by type, 2018 - 2032
- 8.5.3 Market estimates and forecast, by organization size, 2018 - 2032
- 8.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.5.5 Mexico
  - 8.5.5.1 Market estimates and forecast, 2018 - 2032
  - 8.5.5.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.5.5.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.5.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.5.6 Colombia
  - 8.5.6.1 Market estimates and forecast, 2018 - 2032
  - 8.5.6.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.5.6.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.5.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.5.7 Brazil
  - 8.5.7.1 Market estimates and forecast, 2018 - 2032
  - 8.5.7.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.5.7.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.5.7.4 Market estimates and forecast, by application, 2018 - 2032
- 8.5.8 Argentina
  - 8.5.8.1 Market estimates and forecast, 2018 - 2032
  - 8.5.8.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.5.8.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.5.8.4 Market estimates and forecast, by application, 2018 - 2032
8.6 MEA
- 8.6.1 Market estimates and forecast, 2018 - 2032
- 8.6.2 Market estimates and forecast, by type, 2018 - 2032
- 8.6.3 Market estimates and forecast, by organization size, 2018 - 2032
- 8.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.5 UAE
  - 8.6.5.1 Market estimates and forecast, 2018 - 2032
  - 8.6.5.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.6.5.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.6.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.6 Saudi Arabia
  - 8.6.6.1 Market estimates and forecast, 2018 - 2032
  - 8.6.6.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.6.6.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.6.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.7 South Africa
  - 8.6.7.1 Market estimates and forecast, 2018 - 2032
  - 8.6.7.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.6.7.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.6.7.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.8 Israel
  - 8.6.8.1 Market estimates and forecast, 2018 - 2032
  - 8.6.8.2 Market estimates and forecast, by type, 2018 - 2032
  - 8.6.8.3 Market estimates and forecast, by organization size, 2018 - 2032
  - 8.6.8.4 Market estimates and forecast, by application, 2018 - 2032

Chapter 9 Company Profiles

9.1 2Checkout.com, Inc.
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Go-to-Market Strategy
- 9.1.5 SWOT Analysis
9.2 Adyen N.V.
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Go-to-Market Strategy
- 9.2.5 SWOT Analysis
9.3 Allied Wallet, Inc.
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Go-to-Market Strategy
- 9.3.5 SWOT Analysis
9.4 Amazon.com. Inc.
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Go-to-Market Strategy
- 9.4.5 SWOT Analysis
9.5 Authorize.Net
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Go-to-Market Strategy
- 9.5.5 SWOT Analysis
9.6 Bitpay, Inc.
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Go-to-Market Strategy
- 9.6.5 SWOT Analysis
9.7 BluePay (Clover)
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Go-to-Market Strategy
- 9.7.5 SWOT Analysis
9.8 BlueSnap Inc.
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Go-to-Market Strategy
- 9.8.5 SWOT Analysis
9.9 Braintree
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Go-to-Market Strategy
- 9.9.5 SWOT Analysis
9.10 CardStream Limited
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Go-to-Market Strategy
- 9.10.5 SWOT Analysis
9.11 Dwolla, Inc.
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Go-to-Market Strategy
- 9.11.5 SWOT Analysis
9.12 Payline Data Services LLC
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Go-to-Market Strategy
- 9.12.5 SWOT Analysis
9.13 Payoneer Inc.
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Go-to-Market Strategy
- 9.13.5 SWOT Analysis
9.14 PayPal Holdings Inc.
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Go-to-Market Strategy
- 9.14.5 SWOT Analysis
9.15 PayU Group
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Go-to-Market Strategy
- 9.15.5 SWOT Analysis
9.16 SecurionPay (Online Payments Group Ltd)
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Go-to-Market Strategy
- 9.16.5 SWOT Analysis
9.17 Skrill Limited
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Go-to-Market Strategy
- 9.17.5 SWOT Analysis
9.18 Square, Inc.
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Go-to-Market Strategy
- 9.18.5 SWOT Analysis
9.19 Stripe
- 9.19.1 Business Overview
- 9.19.2 Financial Data
- 9.19.3 Product Landscape
- 9.19.4 Go-to-Market Strategy
- 9.19.5 SWOT Analysis
9.20 Verifone Holdings Inc.
- 9.20.1 Business Overview
- 9.20.2 Financial Data
- 9.20.3 Product Landscape
- 9.20.4 Go-to-Market Strategy
- 9.20.5 SWOT Analysis
9.21 Wepay, Inc.
- 9.21.1 Business Overview
- 9.21.2 Financial Data
- 9.21.3 Product Landscape
- 9.21.4 Go-to-Market Strategy
- 9.21.5 SWOT Analysis
9.22 Worldpay, Inc.
- 9.22.1 Business Overview
- 9.22.2 Financial Data
- 9.22.3 Product Landscape
- 9.22.4 Go-to-Market Strategy
- 9.22.5 SWOT Analysis