Real-Time Payments Market Report: Trends, Forecast and Competitive Analysis to 2030
Real-Time Payments Trends and Forecast
The future of the global real-time payments market looks promising with opportunities in the retail & e-commerce, BFSI, IT & telecom, travel & tourism, government, healthcare, and energy & utilities markets. The global real-time payments market is expected to reach an estimated $106.3 billion by 2030 with a CAGR of 25.8% from 2024 to 2030. The major drivers for this market are the increasing prevalence of smartphones on a global scale, a rising desire among consumers and merchants for swift and efficient money transfer clearances and settlements ,and growing customer demand for expedited payment settlements.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Real-Time Payments by Segment
The study includes a forecast for the global real-time payments by payment type outlook, component outlook, deployment outlook, end use industry, and region.
Real-Time Payments Market by Payment Type Outlook [Shipment Analysis by Value from 2018 to 2030]:
Real-Time Payments Market by Component Outlook [Shipment Analysis by Value from 2018 to 2030]:
Real-Time Payments Market by Deployment Outlook [Shipment Analysis by Value from 2018 to 2030]:
Real-Time Payments Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
- Retail & E-Commerce
- BFSI
- IT & Telecom
- Travel & Tourism
- Government
- Healthcare
- Energy & Utilities
- Others
Real-Time Payments Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Real-Time Payments 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 real-time payments companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the real-time payments companies profiled in this report include-
- ACI Worldwide
- Mastercard Incorporated
- Finastra
- Nets
- Worldline
- Capgemini
- Visa
- Paypal Holdings
- Fiserv
- Icon Solutions
Real-Time Payments Market Insights
Lucintel forecasts that P2B is expected to witness highest growth over the forecast period.
Within this market, retail & e-commerce will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Real-Time Payments Market
Market Size Estimates: Real-time payments 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: Real-time payments market by various segments, such as by payment type outlook, component outlook, deployment outlook, end use industry and region in terms of($B).
Regional Analysis: Real-time payments market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different , payment type outlook, component outlook, deployment outlook, end use industry, and regions for the real-time payments market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the real-time payments market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the real-time payments market size?
Answer: The global real-time payments market is expected to reach an estimated $106.3 billion by 2030.
Q.2 What is the growth forecast for real-time payments market?
Answer: The global real-time payments market is expected to grow with a CAGR of 25.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the real-time payments market?
Answer: The major drivers for this market are the increasing prevalence of smartphones on a global scale, a rising desire among consumers and merchants for swift and efficient money transfer clearances and settlements, and growing customer demand for expedited payment settlements.
Q4. What are the major segments for real-time payments market?
Answer: The future of the real-time payments market looks promising with opportunities in the retail & e-commerce, bfsi, it & telecom, travel & tourism, government, healthcare, and energy & utilities markets.
Q5. Who are the key real-time payments market companies?
Answer: Some of the key real-time payments companies are as follows:
- ACI Worldwide
- Mastercard Incorporated
- Finastra
- Nets
- Worldline
- Capgemini
- Visa
- PayPal Holdings
- Fiserv
- Icon Solutions
Q6. Which real-time payments market segment will be the largest in future?
Answer: Lucintel forecasts that P2B is expected to witness highest growth over the forecast period.
Q7. In real-time payments 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.
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 real-time payments market by payment type outlook (P2B, B2B, P2P, and others), component outlook [solutions (payment gateway, payment processing, security & fraud management, advisory services, integration & implementation services, and managed services) and services], deployment outlook (cloud and on-premise), end use industry (retail & e-commerce, BFSI, it & telecom, travel & tourism, government, healthcare, energy & utilities, 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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