Global Payment Monitoring Market to Reach $56.9 Billion by 2030
The global market for Payment Monitoring estimated at US$20.8 Billion in the year 2023, is expected to reach US$56.9 Billion by 2030, growing at a CAGR of 15.4% over the period 2023-2030. On-Premise Deployment, one of the segments analyzed in the report, is expected to record 11.3% CAGR and reach US$26.3 Billion by the end of the analysis period. Growth in the Cloud Deployment segment is estimated at 20.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 19.8% CAGR
The Payment Monitoring market in the U.S. is estimated at US$5.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.1 Billion by the year 2030 trailing a CAGR of 19.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 12.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.5% CAGR.
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