Global Digital Payments Market to reach USD 10569.63billion by 2027.

Global Digital Payments Market Size study, By Mode Of Payment(Point Of Sale, Online Sale)By End-User Industry(Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others)By Deployment(Cloud, On-Premise)By Enterprise(Large Enterprises, Small And Medium Enterprises)and Regional Forecasts 2021-2027
Product Code:  IACTIS_37745445
Chapter 1.Executive Summary 
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Digital Payments Market, by Region, 2019-2027 (USD Billion)
1.2.2. Digital Payments Market, by Mode of Payment, 2019-2027 (USD Billion)
1.2.3. Digital Payments Market, by End User Industry, 2019-2027 (USD Billion)
1.2.4. Digital Payments Market, by Deployment 2019-2027 (USD Billion)
1.2.5. Digital Payments Market, by Enterprise 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Digital Payments Market Definition and Scope 
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Digital Payments Market Dynamics 
3.1. Digital Payments Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Easy to use and quick The ease of adoption
3.1.2. Market Challenges Breach in security
3.1.3. Market Opportunities Block chain & Data Mining
Chapter 4. Global Digital Payments Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political 
4.2.2. Economical
4.2.3. Social 
4.2.4. Technological 
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Digital Payments Market, by Mode of Payment 
5.1. Market Snapshot 
5.2. Global Digital Payments Market by Mode of Payment, Performance - Potential Analysis
5.3. Global Digital Payments Market Estimates & Forecasts by Mode of Payment 2018-2027 (USD Billion)
5.4. Digital Payments Market, Sub Segment Analysis
5.4.1.   Point Of Sale
5.4.2. Online Sale
Chapter 6. Global Digital Payments Market, by End User Industry          
6.1. Market Snapshot 
6.2. Global Digital Payments Market by End User Industry, Performance - Potential Analysis
6.3. Global Digital Payments Market Estimates & Forecasts by End User Industry 2018-2027 (USD Billion)
6.4. Digital Payments Market, Sub Segment Analysis
6.4.1.  Retail, Banking And Financial Service,
6.4.2. Telecommunication,
6.4.3. Government
6.4.4. Transportation,
Chapter 7. Global Digital Payments Market, by Deployment          
7.1. Market Snapshot 
7.2. Global Digital Payments Market by Deployment , Performance - Potential Analysis
7.3. Global Digital Payments Market Estimates & Forecasts by Deployment 2018-2027 (USD Billion)
7.4. Digital Payments Market, Sub Segment Analysis
7.4.1.  Cloud
7.4.2.  On-Premise
Chapter 8. Global Digital Payments Market, by Enterprise        
8.1. Market Snapshot 
8.2. Global Digital Payments Market by Enterprise, Performance - Potential Analysis
8.3. Global Digital Payments Market Estimates & Forecasts by Enterprise 2018-2027 (USD Billion)
8.4. Digital Payments Market, Sub Segment Analysis
8.4.1.  Large
8.4.2. Medium
8.4.3. Small
Chapter 9. 
Chapter 10. Global Digital Payments Market, Regional Analysis
10.1. Digital Payments Market, Regional Market Snapshot 
10.2. North America Digital Payments Market 
10.2.1. U.S. Digital Payments Market  Mode of Payment breakdown estimates & forecasts, 2018-2027  End User Industry breakdown estimates & forecasts, 2018-2027 Deployment breakdown estimates & forecasts, 2018-2027 Enterprise breakdown estimates & forecasts, 2018-2027  
10.2.2. Canada Digital Payments Market
10.3. Europe Digital Payments Market Snapshot
10.3.1. U.K. Digital Payments Market 
10.3.2. Germany Digital Payments Market
10.3.3. France Digital Payments Market
10.3.4. Spain Digital Payments Market
10.3.5. Italy Digital Payments Market
10.3.6. Rest of Europe Digital Payments Market
10.4. Asia-Pacific Digital Payments Market Snapshot
10.4.1. China Digital Payments Market 
10.4.2. India Digital Payments Market 
10.4.3. Japan Digital Payments Market
10.4.4. Australia Digital Payments Market
10.4.5. South Korea Digital Payments Market
10.4.6. Rest of Asia Pacific Digital Payments Market
10.5. Latin America Digital Payments Market Snapshot
10.5.1. Brazil Digital Payments Market
10.5.2. Mexico Digital Payments Market
10.6. Rest of The World Digital Payments Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1.  Alipay Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2.   Amazon Pay
11.2.3. Apple Pay
11.2.4. Tencent
11.2.5. Google Pay
11.2.6. First Data
11.2.7. Paypal
11.2.8. Fiserv
11.2.9. Visa Inc.
11.2.10. MasterCard.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

Global digital payments market is was valued at $5058.96 billion in 2020and is anticipated to grow with a healthy growth rate of more than 11.1 % over the forecast period 2021-2027. Digital payment is a type of payment mechanism that uses electronic mediums to exchange money. The transaction takes place via electronic or digital medium. Easy to use and quick is the main feature of digital payments which also drives its growth. The ease of adoption increases the number of users, thereby contributing to the growth of the market. For instance, according to new data compiled by Taiwan’s government, a population of about 23 million, nearly 10 million are mobile payments users. However, (Restraint) breach in security is still a main threat for the growth of the market. In addition to this, Cybercrimes and Cyberattacks also possesses threat towards the security of digital Payments. According to the Mumbai Police Cyber Cell the number of E-wallet frauds and digital payments crimes rose up to 70% in 2020. India on average is hit by 375 cyberattacks each day in 2020. It is also estimated that in the first nine months of 2020 organizations and individuals have suffered a loss of US $ 6 trillion due to cybercrimes and frauds. All these problems hinders the digital payments market. Also, Blockchain & Data Mining is the technology for the cryptocurrencies which is a type of digital money. Blockchain allows the user to buy and sell digital goods. Block chain has the ability to produce tremendous results in the field of payments. It is a highly secure, transparent and decentralized public ledger. Blockchain has the ability to transform and create entirely new economic models.

The regional analysis of global Digital Payments market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America dominates the digital payment markets. In the year 2020 it accounted for 35% of the share of total revenue. Europe and Asia Pacific are expected to be the fastest growing market. European Government has made efforts to launch European payment initiative. This initiatives focuses on creating a unified payment solution for merchants and consumers across Europe. The growth of Asia Pacific region is the result of emerging industries and the rising population along with the increase in smartphone users.
Major market player included in this report are:
Amazon Pay
Apple Pay
Google Pay
First Data
Visa Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By mode of payment:
Point of sale
Online sale

By End User Industry:
Banking & Financial Sectors
Hotels & Restaurants
Corporate Sectors
Public Sectors
Transportation & Telecommunication
By Deployment:
By Enterprise:
Large Enterprises
Small Enterprises
Medium Enterprises
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Digital Payments Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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