Global Payment as a Service Market Growth (Status and Outlook) 2023-2029

Global Payment as a Service Market Growth (Status and Outlook) 2023-2029

The payment service provider uses the software as a service model widely. A payment service provider connects to multiple banks, cards, and payment networks.

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

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

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

The global Payment as a Service market size is projected to grow from US$ 5128.8 million in 2022 to US$ 12920 million in 2029; it is expected to grow at a CAGR of 14.1% from 2023 to 2029.

United States market for Payment as a Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Payment as a Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Payment as a Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Payment as a Service players cover FIS, Thales Group, Ingenico Group, Agilysys, Inc, Total System Services, Inc, Mastercard, PayPal Holdings, Inc, Verifone and Pineapple Payments, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Merchant Financing
Security and Fraud Protection
Payment Applications and Gateways
Others

Segmentation by application
Hospital
Retail and E-commerce
Media and Entertainment
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.
FIS
Thales Group
Ingenico Group
Agilysys, Inc
Total System Services, Inc
Mastercard
PayPal Holdings, Inc
Verifone
Pineapple Payments

Please note: The report will take approximately 2 business days to prepare and deliver.