The global digital payment market size is expected to reach USD 215.88 Billion at a steady CAGR of 13.3% in 2028, according to latest analysis by Emergen Research. Factors driving steady market revenue growth include rising Internet proliferation and growth of e-commerce sector. According to the International Telecommunication Union (ITU), in 2019, over 4 Billion individuals (51% of the global population) had access to the Internet, an increase of 8.1% from the previous years.

The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Digital Payment market. The report offers a holistic coverage of the Digital Payment market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets.

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The global Digital Payment market report by Emergen Research is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Digital Payment market landscape, disrupting its supply chains, and causing volatility in prices and demand for products. The report analyzes the impact of the pandemic on the Digital Payment industry and highlights its beleaguered segments. However, our analysts speculate that the market will regain traction in the post-COVID scenario.

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Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with the product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. Key players in the market include Mastercard Inc., Fiserv Inc., Visa Inc., JPMorgan Chase Co., PayPal Holdings Inc., Intuit Inc., Global Payments Inc., Stripe, PayU, and ACI Worldwide Inc.

The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Digital Payment industry for evaluation and predictive analysis.

Emergen Research has segmented the global digital payment market on the basis of offering, organization size, mode of deployment, industry vertical :

• Offering Outlook (Revenue, USD Billion; 2018–2028)
  • Solutions
    1. Payment Gateway Solutions
    2. Payment Wallet Solutions
  • Services
    1. Professional Services
    2. Managed Services
  • Organization Size Outlook (Revenue, USD Billion; 2018–2028)
    • Large Enterprise
    • Small Medium-sized Enterprises
  • Mode of Deployment Outlook (Revenue, USD Billion; 2018–2028)
    • On-Premises
    • Cloud
  • Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
    • BFSI
    • Healthcare

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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