Electronic payment (ePayment) system market will exhibit a CAGR of 20.1% for the forecast period of 2022-2029 and is likely to reach the USD 53.44 billion by 2029.The term ePayment refers to the electronic transfer of funds over the internet. ePayment makes use of highly secure payment gateways that are linked to a bank system
Electronic Payment (ePayment) System market report is a wonderful guide to achieve an information or key data about market, emerging trends, product usage, motivating factors for customers, competitor strategies, brand positioning, customer preferences, and customer behaviour. Competitive analysis carried out in this market report puts forth the moves of the key players in the Electronic Payment (ePayment) System industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. The key research methodology that has been employed here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation
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Electronic Payment (ePayment) System Market Scope and Size
- On the basis of solution, the ePayment system market has been segmented into payment terminal solution, hosted point-of-sale, security and fraud management, transaction management and analytics.
The electronic payment (ePayment) system market is segmented on the basis of solution, payment mode and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
Some of the key questions answered in this report:
- How has the Electronic Payment (ePayment) System Market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Electronic Payment (ePayment) System Market?
- What are the key regional markets?
- What is the breakup of the market based on the procedure?
- What is the breakup of the market based on the injury location?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Electronic Payment (ePayment) System Market and who are the key players?
- What is the degree of competition in the industry?
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Market Analysis and Insights:
Another significant factor that will cushion the electronic payment (ePayment) system market’s growth rate is significant increase in the smartphone penetration globally. In addition to this, other factors such as rise in the utilization of smartphones enabling m-commerce growth and increase in the number of initiatives promoting digital payments will expand the electronic payment (ePayment) system market.
The upsurge in the adoption rate of real-time payments will act as a key element driving market expansion. The electronic payment (ePayment) system market is also being driven by factors such as rising popularity of e-commerce and digital commerce activities and growing acceptance of alternate methods of payments. Furthermore, growing adoption of contactless payments and technological advancement will act as major factors influencing the growth of electronic payment (ePayment) system market.
Electronic Payment (ePayment) System Market Share Analysis
The electronic payment (ePayment) system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance.
Key major players operating in the Electronic Payment (ePayment) System market are
PayU,
PayPal,
Google LLC,
Amazon Inc.,
Thales Group,
Visa Inc.,
Wipro Limited, Heartland,
wirecard,
General Electric,
VLNComm,
Giesecke+Devrient GmbH,
pureLiFi, Ingenico,
On Track Innovations LTD,
Koninklijke Philips N.V.,
VeriFone, Inc.,
Sofina,
Oledcomm,
LVX System,
and Velmenni OÜ.,
among others.
MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Electronic Payment (ePayment) System Market Share by Product Procedure type
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