Global Buy Now Pay Later Market Growth (Status and Outlook) 2023-2029
Buy Now Pay Later allow user to purchase products instantaneously and pay for it afterwards.
LPI (LP Information)' newest research report, the “Buy Now Pay Later Industry Forecast” looks at past sales and reviews total world Buy Now Pay Later sales in 2022, providing a comprehensive analysis by region and market sector of projected Buy Now Pay Later sales for 2023 through 2029. With Buy Now Pay Later sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Buy Now Pay Later industry.
This Insight Report provides a comprehensive analysis of the global Buy Now Pay Later landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Buy Now Pay Later portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Buy Now Pay Later market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Buy Now Pay Later and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Buy Now Pay Later.
The global Buy Now Pay Later market size is projected to grow from US$ 6065.5 million in 2022 to US$ 52750 million in 2029; it is expected to grow at a CAGR of 36.2% from 2023 to 2029.
The largest company is Klarna, who owns 22.56% market share in 2019. The top five vendors held about 60% of the market, in terms of Buy Now Pay Later revenue in 2019.
As for the region, North America holding about 40% market share in 2019, followed by Europe, with about 34% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Buy Now Pay Later market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Individual
Enterprise
Segmentation by application
Fashion and Garment Industry
Consumer Electronics
Cosmetic Industry
Healthcare
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Afterpay
QuadPay (Zip Co Limited)
VISA
Sezzle
Affirm
Klarna
Splitit
Latitude Financial Services
Flexigroup
Openpay
Please note: The report will take approximately 2 business days to prepare and deliver.
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