Global Online Payment Gateway Market 2021-2025

Global Payment Gateways Market 2021-2025

Technavio has been monitoring the payment gateways market and it is poised to grow by $ 6.11 bn during 2021-2025, progressing at a CAGR of 11.47% during the forecast period. Our report on the payment gateways 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high adoption of contactless payment solutions and the increased use of m-commerce. In addition, the high adoption of contactless payment solutions is anticipated to boost the growth of the market as well.

The payment gateways market analysis includes the end-user segment and geographic landscape.

Technavio's payment gateways market is segmented as below:

By End-user

• Large enterprises
• Micro and small enterprises
• Mid-sized enterprises

By Geographic

• APAC
• North America
• Europe
• South America
• MEA

This study identifies the focus on high customer satisfactionas one of the prime reasons driving the payment gateways market growth during the next few years.

Technavio 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. Our report on payment gateways market covers the following areas:

• Payment gateways market sizing
• Payment gateways market forecast
• Payment gateways market industry analysis

Technavio's 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 gateways market vendors that include CCBill LLC, Fidelity National Information Services Inc., Global Payments Inc., Ingenico Group SA, JPMorgan Chase and Co., Mastercard Inc., PayPal Holdings Inc., Square Inc., Stripe Inc., and Visa Inc. Also, the payment gateways 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.

Technavio 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. Technavio's 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.

Companies Mentioned

CCBill LLC, Fidelity National Information Services Inc., Global Payments Inc., Ingenico Group SA, JPMorgan Chase and Co., Mastercard Inc., PayPal Holdings Inc., Square Inc., Stripe Inc., Visa Inc.