According to a new market research report published by Credence Research “
Online Payment Gateways Market was valued at US$ 13.50 Bn in 2017 and is set to demonstrate CAGR of 9.4% during the forecast period from 2018 to 2026.
Credence Research lately added a new report titled “Online Payment Gateways Market – Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast – 2017 to 2026” to its repository. This latest research study investigates the Online Payment Gateways market through different segments primarily based on type, application and end-use, market participants, areas and presents country-level evaluation over the forecast period from 2017 to 2026.
Market Insights:
With flourishing e-commerce sector, online payment has witnessed widespread growth over the period, thereby paving way for online payment gateways. Online payment constitute nearly 2/3rd of the total payment made in e-commerce transactions. With improving security of online payment, the ratio is set to continue increasing in following years. Subsequently, online payment gateways market is expected to exhibit robust growth rate during the forecast period. Growing inclination towards digital payments has significantly driven the overall online payment gateways market. Various national governments as well banking organizations are now encouraging digital payment in order to reduce their operating costs and better visibility of transactions. In addition, increasing number of credit/debit card holders worldwide is another prominent factor supporting the market growth. As of 2018, there are more than 2.7 Bn credit cards in circulation across the world. This is another important factor supporting the online payment gateways market.
The report on the Online Payment Gateways market provides in-depth analysis covering key regional trends, market dynamics, and presents the country-level market size of the Online Payment Gateways industry. Some of the key elements considered during the course of research included product definition, product classification, enterprise structure, a number of participants in the Online Payment Gateways, etc.
The report consists of market sizes and forecast for the period from 2017 to 2026, and compounded annual growth rate (CAGR%) measured for individual segments and regional markets, competitive landscape of main market players, vital analysis of market dynamics and profiling of key providers collaborating in the Online Payment Gateways market.
Report Focus: The ‘Online Payment Gateways – Global Trends, Estimates and Forecasts, 2017-2026’ reviews the latest developments in plastics industry with a perceptive to perceive the near-future growth prospects. The industry is a fragmented market with multiple participants, opens up numerous investment opportunities. The main investment focus is Online Payment Gateways business. An in-depth analysis throughout the geographic regions gives strategic enterprise intelligence for the industry investments.
The study offers profitable investment techniques for R&D organizations, manufacturing units, distributors, Contract Research Organizations (CROs) and many more in preferred locations.
The report primarily focuses on: Latest Market Trends,
- Region-wise Demand Factor
- Key Growth Areas
- Market Sizes
- Key Competitors Edge
- Investment Strategies
Estimates are primarily based on online surveys using customized questionnaires via our research team. Besides data from government databases, organization websites, press releases & published research reports are also used for estimates.
Geographic Coverage
- North America Online Payment Gateways Market Revenue and Forecast
- Europe Online Payment Gateways Market Revenue and Forecast
- Asia Pacific Online Payment Gateways Market Revenue and Forecast
- Latin America Online Payment Gateways Market Revenue and Forecast
- Middle East and Africa Online Payment Gateways Market Revenue and Forecast
Leading Players:
- com, Inc.,
- com Co. Ltd.,
- com, Inc.,
- Net Corporation,
- Avangate, Inc.,
- Avenues India Pvt. Ltd. (CCAvenue),
- BluePay, Inc.,
- First Data Corporation,
- PayPal Holdings, Inc.,
- SecurePay (OLB Group, Inc.),
- Stripe, Inc. and others.
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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