Digital Payments Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global digital payments market is expected to grow at a CAGR of around 6.8% during 2025-2034. This report on global digital payments market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global digital payment market by segmenting the market based on components, payment mode, deployment type, end use industry, and region.Also, detailed profiles of companies operating in the digital payment market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Easy Accessibility to High-Speed Internet
• Initiatives for the Promotion of Digital Payments
• Entry of Several Payment Service Providers
Market Challenges
• Evolving Cyber-Attacks on Digital Payments
• Lack of a Standard Legislative Policy
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Component
• Solutions
Application Program Interface
Payment Gateway
Payment Processing
Payment Security and Fraud Management
Transaction Risk Management
Others
• Services
Professional Services
Managed Services
Market by Payment Mode
• Bank Cards
• Digital Currencies
• Digital Wallets
• Net Banking
• Others
Market by Deployment Type
• Cloud-based
• On-premises
Market by End Use Industry
• BFSI
• Healthcare
• IT and Telecom
• Media and Entertainment
• Retail and E-commerce
• Transportation
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Digital Payment Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Digital Payment Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Digital Payment Market by Component
- 5.1. Introduction
- 5.2. Solutions
- 5.2.1. Application Program Interface
- 5.2.2. Payment Gateway
- 5.2.3. Payment Processing
- 5.2.4. Payment Security and Fraud Management
- 5.2.5. Transaction Risk Management
- 5.2.6. Others
- 5.3. Services
- 5.3.1. Professional Services
- 5.3.2. Managed Services
- 6. Global Digital Payment Market by Payment Mode
- 6.1 Introduction
- 6.2 Bank Cards
- 6.3 Digital Currencies
- 6.4 Digital Wallets
- 6.5 Net Banking
- 6.6 Others
- 7. Global Digital Payment Market by Deployment Type
- 7.1 Introduction
- 7.2 Cloud-based
- 7.3 On-premises
- 8. Global Digital Payment Market by End Use Industry
- 8.1 Introduction
- 8.2 BFSI
- 8.3 Healthcare
- 8.4 IT and Telecom
- 8.5 Media and Entertainment
- 8.6 Retail and E-commerce
- 8.7 Transportation
- 8.8 Others
- 9. Global Digital Payment Market by Region
- 9.1 Introduction
- 9.2 Europe
- 9.2.1 Germany
- 9.2.2 United Kingdom
- 9.2.3 France
- 9.2.4 Italy
- 9.2.5 Spain
- 9.2.6 Russia
- 9.2.7 Netherlands
- 9.2.8 Rest of the Europe
- 9.3 North America
- 9.3.1 United States
- 9.3.2 Canada
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Indonesia
- 9.4.7 Rest of the Asia Pacific
- 9.5 Latin America
- 9.5.1 Mexico
- 9.5.2 Brazil
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 Turkey
- 9.6.2 Iran
- 9.6.3 United Arab Emirates
- 9.6.4 Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1 Competitive Scenario
- 13.2 Company Profiles
- 13.2.1 ACI Worldwide Inc
- 13.2.2 Adyen N.V.
- 13.2.3 Aliant Payment Systems Inc.
- 13.2.4 Amazon.com Inc.
- 13.2.5 American Express Company
- 13.2.6 Apple Inc.
- 13.2.7 Fiserv Inc.
- 13.2.8 Mastercard Incorporated
- 13.2.9 Novetti Group Limited
- 13.2.10 Paypal Holdings Inc.
- 13.2.11 Stripe Inc.
- 13.2.12 Total System Services Inc.
- 13.2.13 Visa Inc.
- 13.2.14 Wirecard AG
- List of Figures
- Figure 1: Global Digital Payment Market (in US$ Million), 2020-2024
- Figure 2: Global Digital Payment Market by Component, 2024
- Figure 3: Global Digital Payment Market by Payment Mode, 2024
- Figure 4: Global Digital Payment Market by Deployment Type, 2024
- Figure 5: Global Digital Payment Market by End Use Industry, 2024
- Figure 6: Global Digital Payment Market by Region, 2024
- Figure 7: Global Digital Payment Market (in US$ Million), 2025-2034
- Figure 8: Global Digital Payment Market by Component (in %), 2024 & 2034
- Figure 9: Global Solutions Digital Payment Market (in US$ Million), 2020-2024
- Figure 10: Global Solutions Digital Payment Market (in US$ Million), 2025-2034
- Figure 11: Application Program Interface Solution Digital Payment Market (in US$ Million), 2020-2034
- Figure 12: Payment Gateway Solution Digital Payment Market (in US$ Million), 2020-2034
- Figure 13: Payment Processing Solution Digital Payment Market (in US$ Million), 2020-2034
- Figure 14: Payment Security and Fraud Management Solution Digital Payment Market (in US$ Million), 2020-2034
- Figure 15: Transaction Risk Management Solution Digital Payment Market (in US$ Million), 2020-2034
- Figure 16: Other Solutions Smart Digital Payment Market (in US$ Million), 2020-2034
- Figure 17: Global Services Digital Payment Market (in US$ Million), 2020-2024
- Figure 18: Global Services Digital Payment Market (in US$ Million), 2025-2034
- Figure 19: Professional Services Smart Digital Payment Market (in US$ Million), 2020-2034
- Figure 20: Managed Services Smart Digital Payment Market (in US$ Million), 2020-2034
- Figure 21: Global Digital Payment Market by Payment Mode (in %), 2024 & 2034
- Figure 22: Global Bank Cards Digital Payment Market (in US$ Million), 2020-2024
- Figure 23: Global Bank Cards Digital Payment Market (in US$ Million), 2025-2034
- Figure 24: Global Digital Currencies Digital Payment Market (in US$ Million), 2020-2024
- Figure 25: Global Digital Currencies Digital Payment Market (in US$ Million), 2025-2034
- Figure 26: Global Digital Wallets Digital Payment Market (in US$ Million), 2020-2024
- Figure 27: Global Digital Wallets Digital Payment Market (in US$ Million), 2025-2034
- Figure 28: Global Net Banking Digital Payment Market (in US$ Million), 2020-2024
- Figure 29: Global Net Banking Digital Payment Market (in US$ Million), 2025-2034
- Figure 30: Global Other Payment ModesDigital Payment Market (in US$ Million), 2020-2024
- Figure 31: Global Other Payment Mode Digital Payment Market (in US$ Million), 2025-2034
- Figure 32: Global Digital Payment Market by Deployment Mode (in %), 2024 & 2034
- Figure 33: Global Cloud-based Digital Payment Market (in US$ Million), 2020-2024
- Figure 34: Global Cloud-based Digital Payment Market (in US$ Million), 2025-2034
- Figure 35: Global On-premises Digital Payment Market (in US$ Million), 2020-2024
- Figure 36: Global On-premises Digital Payment Market (in US$ Million), 2025-2034
- Figure 37: Global Digital Payment Market by End Use Industry (in %), 2024 & 2034
- Figure 38: Global BFSI Digital Payment Market (in US$ Million), 2020-2024
- Figure 39: Global BFSI Digital Payment Market (in US$ Million), 2025-2034
- Figure 40: Global Healthcare Digital Payment Market (in US$ Million), 2020-2024
- Figure 41: Global Healthcare Digital Payment Market (in US$ Million), 2025-2034
- Figure 42: Global IT and Telecom Digital Payment Market (in US$ Million), 2020-2024
- Figure 43: Global IT and Telecom Digital Payment Market (in US$ Million), 2025-2034
- Figure 44: Global Media and Entertainment Digital Payment Market (in US$ Million), 2020-2024
- Figure 45: Global Media and Entertainment Digital Payment Market (in US$ Million), 2025-2034
- Figure 46: Global Retail and E-commerce Digital Payment Market (in US$ Million), 2020-2024
- Figure 47: Global Retail and E-commerce Digital Payment Market (in US$ Million), 2025-2034
- Figure 48: Global Transportation Digital Payment Market (in US$ Million), 2020-2024
- Figure 49: Global Transportation Digital Payment Market (in US$ Million), 2025-2034
- Figure 50: Global Other End Use Industries Digital Payment Market (in US$ Million), 2020-2024
- Figure 51: Global Other End Use IndustriesDigital Payment Market (in US$ Million), 2025-2034
- Figure 52: Global Digital Payment Market by Region (in %), 2024 & 2034
- Figure 53: Europe Digital Payment Market (in US$ Million), 2020-2024
- Figure 54: Europe Digital Payment Market (in US$ Million), 2025-2034
- Figure 55: Europe Digital Payment Market by Country (in %), 2024 & 2034
- Figure 56: Germany Digital Payment Market (in US$ Million), 2020-2034
- Figure 57: United Kingdom Digital Payment Market (in US$ Million), 2020-2034
- Figure 58: France Digital Payment Market (in US$ Million), 2020-2034
- Figure 59: Italy Digital Payment Market (in US$ Million), 2020-2034
- Figure 60: Spain Digital Payment Market (in US$ Million), 2020-2034
- Figure 61: Russia Digital Payment Market (in US$ Million), 2020-2034
- Figure 62: Netherlands Digital Payment Market (in US$ Million), 2020-2034
- Figure 63: North America Digital Payment Market (in US$ Million), 2020-2024
- Figure 64: North America Digital Payment Market (in US$ Million), 2025-2034
- Figure 65: North America Digital Payment Market by Country (in %), 2024 & 2034
- Figure 66: United States Digital Payment Market (in US$ Million), 2020-2034
- Figure 67: Canada Digital Payment Market (in US$ Million), 2020-2034
- Figure 68: Asia Pacific Digital Payment Market (in US$ Million), 2020-2024
- Figure 69: Asia Pacific Digital Payment Market (in US$ Million), 2025-2034
- Figure 70: Asia Pacific Digital Payment Market by Country (in %), 2024 & 2034
- Figure 71: China Digital Payment Market (in US$ Million), 2020-2034
- Figure 72: Japan Digital Payment Market (in US$ Million), 2020-2034
- Figure 73: India Digital Payment Market (in US$ Million), 2020-2034
- Figure 74: South Korea Digital Payment Market (in US$ Million), 2020-2034
- Figure 75: Australia Digital Payment Market (in US$ Million), 2020-2034
- Figure 76: Indonesia Digital Payment Market (in US$ Million), 2020-2034
- Figure 77: Latin America Digital Payment Market (in US$ Million), 2020-2024
- Figure 78: Latin America Digital Payment Market (in US$ Million), 2025-2034
- Figure 79: Latin America Digital Payment Market by Country (in %), 2024 & 2034
- Figure 80: Mexico Digital Payment Market (in US$ Million), 2020-2034
- Figure 81: Brazil Digital Payment Market (in US$ Million), 2020-2034
- Figure 82: Argentina Digital Payment Market (in US$ Million), 2020-2034
- Figure 83: Middle East & Africa Digital Payment Market (in US$ Million), 2020-2024
- Figure 84: Middle East & Africa Digital Payment Market (in US$ Million), 2025-2034
- Figure 85: Middle East & Africa Digital Payment Market by Country (in %), 2024 & 2034
- Figure 86: Saudi Arabia Digital Payment Market (in US$ Million), 2020-2034
- Figure 87: Turkey Digital Payment Market (in US$ Million), 2020-2034
- Figure 88: Iran Digital Payment Market (in US$ Million), 2020-2034
- Figure 89: UAE Digital Payment Market (in US$ Million), 2020-2034
- Figure 90: Market Value Chain
- List of Tables
- Table 1: Global Digital Payment Market Portraiture
- Table 2: Global Digital Payment Market by Component (in US$ Million), 2024 & 2034
- Table 3: Solution Digital Payment Market by Component (in US$ Million), 2024 & 2034
- Table 4: Services Digital Payment Market by Component (in US$ Million), 2024 & 2034
- Table 5: Global Digital Payment Market by Payment Mode (in US$ Million), 2024 & 2034
- Table 6: Global Digital Payment Market by Deployment Mode (in US$ Million), 2024 & 2034
- Table 7: Global Digital Payment Market by End Use Industry (in US$ Million), 2024 & 2034
- Table 8: Global Digital Payment Market by Region (in US$ Million), 2024 & 2034
- Table 9: Europe Digital Payment Market by Country (in US$ Million), 2024 & 2034
- Table 10: North America Digital Payment Market by Country (in US$ Million), 2024 & 2034
- Table 11: Asia Pacific Digital Payment Market by Country (in US$ Million), 2024 & 2034
- Table 12: Latin America Digital Payment Market by Country (in US$ Million), 2024 & 2034
- Table 13: Middle East & Africa Digital Payment Market by Country (in US$ Million), 2024 & 2034
- Table 14: List of Key Players
Research Assistance
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