Global payment processing solutions market 2024-2028

Description

List of Tables

The payment processing solutions market is forecasted to grow by USD 81.4 bn during 2023-2028, accelerating at a CAGR of 13.64% during the forecast period. The report on the payment processing solutions 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 high adoption of contactless payment solutions, growing e-commerce sales and internet penetration globally, and rising financial inclusion globally.

Technavio's payment processing solutions market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	11.77%
CAGR	13.64%
Incremental Value	$81.4bn

By Deployment

Cloud-based
On-premises

By Method

Credit card
Debit card
E-wallet
Others

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the growing financial inclusion globally as one of the prime reasons driving the payment processing solutions market growth during the next few years. Also, increasing number of cross-border transactions globally and growing number of mergers and acquisitions related to payment processing solutions will lead to sizable demand in the market.

The report on the payment processing solutions market covers the following areas:

Payment processing solutions market sizing
Payment processing solutions market forecast
Payment processing solutions market industry analysis

The 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 processing solutions market vendors that include ACI Worldwide Inc., Alibaba Group Holding Ltd., Block Inc., BlueSnap Inc., CCBill LLC, Fidelity National Information Services Inc., Finix Payments Inc., Fiserv Inc., Global Payments Inc., Mastercard Inc., MIH PayU BV, One97 Communications Ltd., PayPal Holdings Inc., Paysafe Ltd., PhonePe Pvt. Ltd., Razorpay Software Pvt. Ltd., Secure Payment Systems Inc., Stripe Inc., Visa Inc., and Worldline SA. Also, the payment processing solutions 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.

The publisher 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. The 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: IRTNTR75698

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Deployment
- Executive Summary - Chart on Market Segmentation by Method
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Payment Processing Solutions Market 2018 - 2022
- Historic Market Size - Data Table on Global Payment Processing Solutions Market 2018 - 2022 ($ billion)
4.2 Deployment segment analysis 2018 - 2022
- Historic Market Size - Deployment Segment 2018 - 2022 ($ billion)
4.3 Method segment analysis 2018 - 2022
- Historic Market Size - Method Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Deployment

6.1 Market segments
- Chart on Deployment - Market share 2023-2028 (%)
- Data Table on Deployment - Market share 2023-2028 (%)
6.2 Comparison by Deployment
- Chart on Comparison by Deployment
- Data Table on Comparison by Deployment
6.3 Cloud-based - Market size and forecast 2023-2028
- Chart on Cloud-based - Market size and forecast 2023-2028 ($ billion)
- Data Table on Cloud-based - Market size and forecast 2023-2028 ($ billion)
- Chart on Cloud-based - Year-over-year growth 2023-2028 (%)
- Data Table on Cloud-based - Year-over-year growth 2023-2028 (%)
6.4 On-premises - Market size and forecast 2023-2028
- Chart on On-premises - Market size and forecast 2023-2028 ($ billion)
- Data Table on On-premises - Market size and forecast 2023-2028 ($ billion)
- Chart on On-premises - Year-over-year growth 2023-2028 (%)
- Data Table on On-premises - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Deployment
- Market opportunity by Deployment ($ billion)
- Data Table on Market opportunity by Deployment ($ billion)

7 Market Segmentation by Method

7.1 Market segments
- Chart on Method - Market share 2023-2028 (%)
- Data Table on Method - Market share 2023-2028 (%)
7.2 Comparison by Method
- Chart on Comparison by Method
- Data Table on Comparison by Method
7.3 Credit card - Market size and forecast 2023-2028
- Chart on Credit card - Market size and forecast 2023-2028 ($ billion)
- Data Table on Credit card - Market size and forecast 2023-2028 ($ billion)
- Chart on Credit card - Year-over-year growth 2023-2028 (%)
- Data Table on Credit card - Year-over-year growth 2023-2028 (%)
7.4 Debit card - Market size and forecast 2023-2028
- Chart on Debit card - Market size and forecast 2023-2028 ($ billion)
- Data Table on Debit card - Market size and forecast 2023-2028 ($ billion)
- Chart on Debit card - Year-over-year growth 2023-2028 (%)
- Data Table on Debit card - Year-over-year growth 2023-2028 (%)
7.5 E-wallet - Market size and forecast 2023-2028
- Chart on E-wallet - Market size and forecast 2023-2028 ($ billion)
- Data Table on E-wallet - Market size and forecast 2023-2028 ($ billion)
- Chart on E-wallet - Year-over-year growth 2023-2028 (%)
- Data Table on E-wallet - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Method
- Market opportunity by Method ($ billion)
- Data Table on Market opportunity by Method ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 ACI Worldwide Inc.
- ACI Worldwide Inc. - Overview
- ACI Worldwide Inc. - Business segments
- ACI Worldwide Inc. - Key news
- ACI Worldwide Inc. - Key offerings
- ACI Worldwide Inc. - Segment focus
12.4 Alibaba Group Holding Ltd.
- Alibaba Group Holding Ltd. - Overview
- Alibaba Group Holding Ltd. - Business segments
- Alibaba Group Holding Ltd. - Key news
- Alibaba Group Holding Ltd. - Key offerings
- Alibaba Group Holding Ltd. - Segment focus
12.5 Block Inc.
- Block Inc. - Overview
- Block Inc. - Business segments
- Block Inc. - Key news
- Block Inc. - Key offerings
- Block Inc. - Segment focus
12.6 BlueSnap Inc.
- BlueSnap Inc. - Overview
- BlueSnap Inc. - Product / Service
- BlueSnap Inc. - Key offerings
12.7 CCBill LLC
- CCBill LLC - Overview
- CCBill LLC - Product / Service
- CCBill LLC - Key offerings
12.8 Fidelity National Information Services Inc.
- Fidelity National Information Services Inc. - Overview
- Fidelity National Information Services Inc. - Business segments
- Fidelity National Information Services Inc. - Key news
- Fidelity National Information Services Inc. - Key offerings
- Fidelity National Information Services Inc. - Segment focus
12.9 Fiserv Inc.
- Fiserv Inc. - Overview
- Fiserv Inc. - Business segments
- Fiserv Inc. - Key news
- Fiserv Inc. - Key offerings
- Fiserv Inc. - Segment focus
12.10 Global Payments Inc.
- Global Payments Inc. - Overview
- Global Payments Inc. - Business segments
- Global Payments Inc. - Key news
- Global Payments Inc. - Key offerings
- Global Payments Inc. - Segment focus
12.11 Mastercard Inc.
- Mastercard Inc. - Overview
- Mastercard Inc. - Product / Service
- Mastercard Inc. - Key news
- Mastercard Inc. - Key offerings
12.12 MIH PayU BV
- MIH PayU BV - Overview
- MIH PayU BV - Product / Service
- MIH PayU BV - Key offerings
12.13 One97 Communications Ltd.
- One97 Communications Ltd. - Overview
- One97 Communications Ltd. - Product / Service
- One97 Communications Ltd. - Key news
- One97 Communications Ltd. - Key offerings
12.14 PayPal Holdings Inc.
- PayPal Holdings Inc. - Overview
- PayPal Holdings Inc. - Product / Service
- PayPal Holdings Inc. - Key news
- PayPal Holdings Inc. - Key offerings
12.15 Paysafe Ltd.
- Paysafe Ltd. - Overview
- Paysafe Ltd. - Business segments
- Paysafe Ltd. - Key offerings
- Paysafe Ltd. - Segment focus
12.16 Stripe Inc.
- Stripe Inc. - Overview
- Stripe Inc. - Product / Service
- Stripe Inc. - Key offerings
12.17 Visa Inc.
- Visa Inc. - Overview
- Visa Inc. - Product / Service
- Visa Inc. - Key news
- Visa Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations