The Business Research Company’s Payment as a Service Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Payment as a Service Global Market Report 2023 evaluates payment as a service market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=8858&type=smp
The global payment as a service market is expected to grow from $11.40 billion in 2022 to $13.83 billion in 2023 at a compound annual growth rate (CAGR) of 21.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The payment as a service market is expected to grow to $29.79 billion in 2027 at a CAGR of 21.2%.
The payment as a service market segments in the report are:
1) By Service: Professional Services, Managed Services
2) By Component: Platform, Services
3) By Vertical: Retail, Hospitality, Media and entertainment, Healthcare, Banking, Financial Services, and Insurance (BFSI), Other Verticals
Get More Information On The Payment as a Service Market Report:
https://www.thebusinessresearchcompany.com/report/payment-as-a-service-global-market-report
The table of contents in TBRC’s payment as a service market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
.
.
.
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
Top 5 Major Key Players Are:
- Aurus Inc
- Total System Services Inc (TSYS)
- Ingenico
- Paystand Inc
- Mindgate Solutions Private Limited
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Payment as a Service Market, Segmentation By Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Payment as a Service Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Payment as a Service Market, Segmentation By Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 46: Aurus Inc. Financial Performance
Table 47: Total System Services Inc (TSYS) Financial Performance
Table 48: Ingenico Financial Performance
Table 49: Paystand Inc. Financial Performance
Table 50: Mindgate Solutions Private Limited Financial Performance
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Payment as a Service Market Overview The Global Payment as a Service Market was valued at USD 4.27 billion in 2018 and is estimated to reach USD 14.37 Billion by 2024 growing at a CAGR of 23.20% during the forecast period 2019–2024.Payment as a Service Market Key PlayersThe payment as a service market is expected to be a growing market in the coming years owing to the presence of numerous large players active in the regional market.
First Data Corporation, Total System Services (TSYS), Paysafe Group Ltd, Verifone, Ingenico, Aurus, Inc., Pineapple Payments, ePay, BlueSnap, Inc., PayU, Alpha Fintech, Google, Stripe, Braintree, Amazon, Skrill, Zoho Checkout, BitPay, Authorize.net, WePay, and First American Payment Systems are the companies leading the payment as a service market globally.Payment as a Service Market SementationMarket Research Future (MRFR) has segmented the payment as a service market on the basis of component, vertical, and region.By component, the payment as a service market has been segmented into platform and service.
Among these, currently, payment platforms are dominating the market due to increasing adoption of digital payment methods by consumers worldwide.
PayPal, PayU, Stripe, Braintree, BlueSnap, and Zoho Checkout among others are some popular payment gateway providers globally.Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/8020Government support for digital transformation is one of the prime factors for the significant growth of payment platforms.
Whereas, the service segment comprise professional and managed services, are projected to witness high growth rate in the coming years.
Among these, BFSI is currently dominating the market due to high demand for secured real-time payment gateways by end-users.
According to research report "Payment as a Service Market by Component (Platform and Services), Service (Professional (Integration & Deployment and Support & Maintenance) and Managed Services), Vertical (Retail and Hospitality), and Region - Global Forecast to 2024", The payment as a service market size is expected to grow from USD 5.7 billion in 2019 to USD 16.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 23.9% during the forecast period.
Regulatory initiatives to promote payment solutions thriving on secure and real-time transactions; and optimized customer/merchant experience with quick and secure payment methods are the major factors driving the growth of the payment as a service market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=184731594Browse 47 market data Tables and 43 Figures spread through 119 Pages and in-depth TOC on "Payment as a Service Market - Global Forecast to 2024"The services segment of payment as a service to grow at the highest growth rate during the forecast periodPayment services help consult, integrate, and support organizations across various verticals, to effectively deal with payment processing with various payment methods and thereby ensure security across the enterprise payment ecosystem.
Security is a crucial aspect for executing payment transactions successfully, and hence, professional and managed payment services are gaining traction in the security space and are used according to the specific needs of enterprise merchants.
It has become challenging for companies to focus on their core business processes and simultaneously support various other functions, which, in turn, increases the significance of managed services.
Managed services help merchants reduce infrastructure complexity and operational cost, and simultaneously provide a secure and global infrastructure.Europe to grow at a significant CAGR during the forecast periodThe European region comprises various countries that are economically stable and technologically advanced.
The growth of payment as a service market in Europe can also be attributed to the implementation of omni-channel payment mode by most retailers, merchants, and enterprises.
