Advance Market Analytics published a new research publication on “Digital Payment Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in a presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Digital Payment Market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
ACI Worldwide Inc. (United States), Google Inc. (United States), Fidelity National Information Services, Inc. (United States), Fiserv, Inc. (United States), PayPal Holdings, Inc. (United States), Wirecard AG (Germany), Alipay (China), Vodafone Group Plc. (United Kingdom), Orange S.A. (France), Gemalto (Netherlands), Fidelity National Information Services, Inc. (FIS) (United States), Mastercard Incorporated (United States)
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Scope of the Report of Digital Payment:
Digital Payment is the process of sending and receiving money through any kind of electronic platform and does not involve any sort of hard cash. It is a very easy, useful, and instant way of making any kind of online money transactions. These days the digital payment is attracting more and more people and has become a major part of the daily lives and is thus impacting the society, as well as business and in turn the economy to a very large extent. With the increased usage of the innovative technology has therefore enabled the digital payment infrastructure and also helped in the creation of more innovative products like the mobile wallets, etc. However, apart from all these factors, there are also some issues that are related to security such as the hacking of personal data and unpredicted technical issues that could create problems. The demand for online payment is constantly growing globally due to the growing e-commerce market and improved customer experience. The leap towards digital payment has considerably increased owing to the emphasis towards a cashless economy.
The titled segments and sub-section of the market are illuminated below:
by Type (Solution, Services), Application (Shopping, Paying Bills, Others), Mode of Transaction (Credit/ Debit Card, Bank Transfers, E-Wallets, Direct Debits, Others), Payment Type (Person to Person, Person to Business, Business to Person, Business to Business), Device Used (Smartphones, Tablets, Laptops, Others), End User (Multi-National Organizations, Financial Institutions (Banks), Payment Network, Intermediaries, Merchants, Customers, Others)
Market Trend:
Increasing use of Digital Payment Methods Among the Youth Generation
The Growing Trend of Using Digital Payment Applications With the Advent of Digital Money
Market Drivers:
Increase in the use of Smartphones with a High-Speed Network Connectivity and Various Digital Payment Platforms
Rising Need for the Elimination of Physical Money Transactions So As To Curb the Money Related Frauds
Challenges:
The Necessity to the Access to the Internet
Lack of Knowledge about Digital Payment in the Rural Areas
Opportunities:
Rising Promotional Events and Activities Regarding Cashless Payments
The Advancement and Development in Digital Payment Technology
Growing Usage of E-commerce in the Developing Regions
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
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Strategic Points Covered in Table of Content of Global Digital Payment Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Digital Payment market
Chapter 2: Exclusive Summary – the basic information of the Digital Payment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges of the Digital Payment
Chapter 4: Presenting the Digital Payment Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End-User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Digital Payment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology, and Data Source
Finally, the Digital Payment Market is a valuable source of guidance for individuals and companies in the decision framework.
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What benefits does AMA research study is going to provide?
– Latest industry influencing trends and development scenario
– Open up New Markets
– To Seize powerful market opportunities
– Key decision in planning and to further expand market share
– Identify Key Business Segments, Market proposition & Gap Analysis
– Assisting in allocating marketing investments
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