B2B Digital Payment Market Report: Trends, Forecast and Competitive Analysis to 2030

B2B Digital Payment Market Report: Trends, Forecast and Competitive Analysis to 2030

B2B Digital Payment Trends and Forecast

The future of the global B2B digital payment market looks promising with opportunities in the BFSI, IT & ITES, retail and e-commerce, travel and hospitality, healthcare, media and entertainment, and transportation and logistic markets. The global B2B digital payment market is expected to reach an estimated $9.8 billion by 2030 with a CAGR of 13.7% from 2024 to 2030. The major drivers for this market are governments worldwide are actively championing and embracing the digital landscape, widespread use of smartphones is fueling the rapid growth of mobile commerce (m-commerce), as well as, increasing consumer preference for contactless payments.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

B2B Digital Payment by Segment

The study includes a forecast for the global B2B digital payment by transaction type, payment method, end use, and region.

B2B Digital Payment Market by Transaction Type [Shipment Analysis by Value from 2018 to 2030]:

• Domestic
• Cross Border

B2B Digital Payment Market by Payment Method [Shipment Analysis by Value from 2018 to 2030]:

• Credit Cards/Debit Cards/Virtual Cards
• Digital Wallet
• Other Payment Methods

B2B Digital Payment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• IT & ITES
• Retail And E-Commerce
• Travel And Hospitality
• Healthcare
• Media And Entertainment
• Transportation And Logistics
• Others

B2B Digital Payment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of B2B Digital Payment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies B2B digital payment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the B2B digital payment companies profiled in this report include-

• Paypal
• Fiserv
• Fiserv
• Global Payments
• ACI Worldwide
• Block
• Mastercard
• Visa
• Payoneer
• Stripe

B2B Digital Payment Market Insights

Lucintel forecasts that credit cards/debit cards/virtual cards will remain the largest segment over the forecast period.

APAC is expected to witness highest growth over the forecast period because the cross-border payment methods are created to meet the region's growing commerce, accompanied by a rise in trade activities.

Features of the Global B2B Digital Payment Market

Market Size Estimates: B2B digital payment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: B2B digital payment market size by transaction type, payment method, end use, and region in terms of value ($B).

Regional Analysis: B2B digital payment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different transaction type, payment method, end use, and regions for the B2B digital payment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the B2B digital payment market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the B2B digital payment market size?

Answer: The global B2B digital payment market is expected to reach an estimated $9.8 billion by 2030.

Q.2 What is the growth forecast for B2B digital payment market?

Answer: The global B2B digital payment market is expected to grow with a CAGR of 13.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the B2B digital payment market?

Answer: The major drivers for this market are governments worldwide are actively championing and embracing the digital landscape, widespread use of smartphones is fueling the rapid growth of mobile commerce (m-commerce), as well as, increasing consumer preference for contactless payments.

Q4. What are the major segments for B2B digital payment market?

Answer: The future of the global B2B digital payment market looks promising with opportunities in the BFSI, IT & ITES, retail and e-commerce, travel and hospitality, healthcare, media and entertainment, and transportation and logistic markets.

Q5. Who are the key B2B digital payment market companies?

Answer: Some of the key B2B digital payment companies are as follows:

• Paypal
• Fiserv
• Fiserv
• Global Payments
• ACI Worldwide
• Block
• Mastercard
• Visa
• Payoneer
• Stripe

Q6. Which B2B digital payment market segment will be the largest in future?

Answer: Lucintel forecasts that credit cards/debit cards/virtual cards will remain the largest segment over the forecast period.

Q7. In B2B digital payment market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period because the cross-border payment methods are created to meet the region's growing commerce, accompanied by a rise in trade activities.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the B2B digital payment market by transaction type (domestic and cross border), payment method (credit cards/debit cards/virtual cards, digital wallet, and other payment methods), end use (BFSI, IT & ITES, retail and e-commerce, travel and hospitality, healthcare, media and entertainment, transportation and logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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