Global Payment Analytics Software Market Size study, By Type (Cloud based, Web based), By Enterprise Size (Large Enterprise, Small and Medium Enterprise), and Regional Forecasts 2022-2028

Global Payment Analytics Software Market Size study, By Type (Cloud based, Web based), By Enterprise Size (Large Enterprise, Small and Medium Enterprise), and Regional Forecasts 2022-2028

Global Payment Analytics Software Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Payment Analytics Software utilized for tracking online payments for e-commerce and subscription-based businesses. This type of software consolidates payment data from multiple sources (e.g., Google pay, Paytm, Phone Pay, PayPal, Stripe, etc.) to monitor customer payments. The growing E-commerce Sector and increasing adoption of mobile based transaction services as well as recent product announcements from leading market players are factors that are accelerating the global market demand. For instance, according to UNCTAD estimates – during 2019, Online retail sales in selected countries including Australia, Canada, China, Korea Republic, Singapore, UK, and USA was estimated at USD 2038 billion, and this amount is further increased to USD 2495 billion by 2020. Furthermore, as per India Brand Equity Forum (IBEF)- in 2020, Indian e-commerce market was estimated at USD 46.2 billion, and this number is projected to grow to USD 188 billion by 2025. Furthermore, leading market are coming up with innovative products to capitalize the growing demand for Payment Analytics Software. For instance, in November 2021, USA based -ACI Worldwide a leading provider of real-time digital payment software, launched its new Omni-Commerce Payment Analytics software. This new software is part of ACI Omni-Commerce and enable merchants to access payments data gathered through multiple channels within a merchant’s payment ecosystem. Moreover, in March 2022, India based Paytm Payments Services Limited (PPSL), a wholly owned subsidiary of One97 Communications, new data analysis feature named ‘Payment Analytics’ for online and offline merchants. This new service would be available to all Paytm merchants at no extra cost and would enable merchants with data-driven payment insights. Also, growing penetration of big data analytics technologies and increasing ownership of smartphones in emerging markets are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a lack of network infrastructure and data privacy concerns impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Payment Analytics Software Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of payment Analytics software and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising big data analytics sector and growing emergence of 5G technology in the region, would create lucrative growth prospects for the global Payment Analytics Software Market across the Asia Pacific region.

Major market players included in this report are:
ProfitWell
BlueSnap
Databox
Payfirma
YapStone
CashNotify
HiPay Intelligence
PaySketch
Revealytics
RJMetrics

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Type
Cloud based
Web based
By Enterprise Size
Large Enterprise
Small and Medium Enterprise
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Payment Analytics Software Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

ProfitWell
BlueSnap
Databox
Payfirma
YapStone
CashNotify
HiPay Intelligence
PaySketch
Revealytics
RJMetrics

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.