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Digital Payments Market Size, Growth, Segmentation, Share, Forecast 2020 - 2023

Jayanthi TBRC
Digital Payments Market Size, Growth, Segmentation, Share, Forecast 2020 - 2023

The Business Research Company’s latest report Digital Payments Global Market Report 2020 covers Digital Payments market drivers, Digital Payments market trends, Digital Payments market segments, Digital Payments market growth rate, Digital Payments market major players, and Digital Payments market size. The report provides in-depth analysis of the impact of COVID-19 on the Digital Payments industry, along with revised market numbers due to the effects of the coronavirus.

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Digital Payments Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global digital payments market is expected to grow from $3,885.6 billion in 2019 to about $5,439.8 billion in 2020. People are using digital payment options to avoid contact and spread of infection through direct cash handling, and also to adhere to social distancing to curb the spread of COVID-19. Due to closure of local marketplaces and to avoid public gathering, people are preferring online purchase of essential supplies, which in turn is increasing the demand for the digital payments market. The market is expected to stabilize and reach $8,059.3 billion at a CAGR of 20% through 2023.

The report covers the Digital Payments market’s segments-
1) By Mode Of Payment: Point Of Sale, Online Sale
2) By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others.

About The Business Research Company: 
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.  

Contact Information: 
The Business Research Company 
Europe: +44 207 1930 708 
Asia: +91 8897263534 
Americas: +1 315 623 0293 
Email: [email protected] 

Jayanthi TBRC
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