Global Online Payment Gateway Market Growth (Status and Outlook) 2023-2029
This report studies the Online Payment Gateway market, Online payment gateways are the merchant service which assists in carrying out a smooth transaction at the time of online shopping. The transaction is carried out by processing credit card, debit cards and direct payment process for various online business such as e- retailers, online websites. The payment gateways services can be provided by any financial service provider of by any commercialized bank.
Online payment gateway enables transfer of information between front end processor, for instance, bank and payment portal such as website and mobile apps. The payment gateways ensure proper transaction with considering all aspect to facilitate the safe and secure transaction.
LPI (LP Information)' newest research report, the “Online Payment Gateway Industry Forecast” looks at past sales and reviews total world Online Payment Gateway sales in 2022, providing a comprehensive analysis by region and market sector of projected Online Payment Gateway sales for 2023 through 2029. With Online Payment Gateway sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Online Payment Gateway industry.
This Insight Report provides a comprehensive analysis of the global Online Payment Gateway 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 Online Payment Gateway portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Online Payment Gateway market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Online Payment Gateway 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 Online Payment Gateway.
The global Online Payment Gateway market size is projected to grow from US$ 2736.6 million in 2022 to US$ 7437.2 million in 2029; it is expected to grow at a CAGR of 15.4% from 2023 to 2029.
China is the largest market for online payment gateways, accounting for about 30%, followed by Europe and the United States, each accounting for about 20%.
Alipay, PayPal and Worldpay are the leading manufacturers, together accounting for about 50% of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of Online Payment Gateway market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Pro/Self-Hosted Payment Gateways
Local Bank Integrates
Platform Based Payment Gateway Solution
Others
Segmentation by application
BFSI
Retail and Ecommerce
Media and Entertainment
Travel and Hospitality
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.
PayPal
Stripe
Amazon Payments
Authorize.net
FIS (WorldPay)
Adyen
Square
Verifone (2Checkout)
Payline
PayU
DPO(PayGate, PayFast)
Capita (Pay360)
FirstData
Chase (WePay)
CCBill
SecurePay
GMO
Boleto Bancário
CashU
OneCard
Wirecard
WebMoney
Realex
BlueSnap
Omise
Alipay
Tenpay
Ping++
Please note: The report will take approximately 2 business days to prepare and deliver.
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