PUBLISHER: Lucintel | PRODUCT CODE: 1356866
PUBLISHER: Lucintel | PRODUCT CODE: 1356866
Real-Time Payments Trends and Forecast
The future of the global real-time payments market looks promising with opportunities in the retail & e-commerce, BFSI, IT & telecom, travel & tourism, government, healthcare, and energy & utilities markets. The global real-time payments market is expected to reach an estimated $106.3 billion by 2030 with a CAGR of 25.8% from 2024 to 2030. The major drivers for this market are the increasing prevalence of smartphones on a global scale, a rising desire among consumers and merchants for swift and efficient money transfer clearances and settlements ,and growing customer demand for expedited payment settlements.
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Real-Time Payments by Segment
The study includes a forecast for the global real-time payments by payment type outlook, component outlook, deployment outlook, end use industry, and region.
Real-Time Payments Market by Payment Type Outlook [Shipment Analysis by Value from 2018 to 2030]:
Real-Time Payments Market by Component Outlook [Shipment Analysis by Value from 2018 to 2030]:
Real-Time Payments Market by Deployment Outlook [Shipment Analysis by Value from 2018 to 2030]:
Real-Time Payments Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Real-Time Payments Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Real-Time Payments Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies real-time payments companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the real-time payments companies profiled in this report include-
Real-Time Payments Market Insights
Lucintel forecasts that P2B is expected to witness highest growth over the forecast period.
Within this market, retail & e-commerce will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Real-Time Payments Market
Market Size Estimates: Real-time payments market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Real-time payments market by various segments, such as by payment type outlook, component outlook, deployment outlook, end use industry and region in terms of($B).
Regional Analysis: Real-time payments market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different , payment type outlook, component outlook, deployment outlook, end use industry, and region.s for the real-time payments market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the real-time payments market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the real-time payments market size?
Answer: The global real-time payments market is expected to reach an estimated $106.3 billion by 2030.
Q.2. What is the growth forecast for real-time payments market?
Answer: The global real-time payments market is expected to grow with a CAGR of 25.8% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the real-time payments market?
Answer: The major drivers for this market are the increasing prevalence of smartphones on a global scale, a rising desire among consumers and merchants for swift and efficient money transfer clearances and settlements, and growing customer demand for expedited payment settlements.
Q.4. What are the major segments for real-time payments market?
Answer: The future of the real-time payments market looks promising with opportunities in the retail & e-commerce, bfsi, it & telecom, travel & tourism, government, healthcare, and energy & utilities markets.
Q.5. Who are the key real-time payments market companies?
Answer: Some of the key real-time payments companies are as follows:
Q.6. Which real-time payments market segment will be the largest in future?
Answer: Lucintel forecasts that P2B is expected to witness highest growth over the forecast period.
Q.7. In real-time payments market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.