Global Payment Gateways Market Growth (Status and Outlook) 2023-2029

Global Payment Gateways Market Growth (Status and Outlook) 2023-2029

A payment gateway is an e-commerce application that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar businesses. It transmits Transaction information to Acquiring Banks and responses from Issuing Banks (such as whether a transaction is approved or declined). In other words, the transaction flows through the payment gateway, to the payments ecosystem, and should it be approved, will eventually make its way into the merchant account.

LPI (LP Information)' newest research report, the “Payment Gateways Industry Forecast” looks at past sales and reviews total world Payment Gateways sales in 2022, providing a comprehensive analysis by region and market sector of projected Payment Gateways sales for 2023 through 2029. With Payment Gateways sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Payment Gateways industry.

This Insight Report provides a comprehensive analysis of the global Payment Gateways 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 Payment Gateways portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Payment Gateways market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Payment Gateways 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 Payment Gateways.

The global Payment Gateways market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Major producers in the industry include PayPal, Alipay and WorldPay, which accounted for 15.65%, 20.53% and 10.27% of market respectively.

This report presents a comprehensive overview, market shares, and growth opportunities of Payment Gateways market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Online Mode

Offline Mode

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.