B2B Digital Payment Market – Global Forecast to 2028
B2Bデジタル決済市場 : 提供内容 (ソリューション、サービス)、支払い方法 (クレジットカード/デビットカード/バーチャルカード、デジタルウォレット)、取引タイプ (国内、国境を越えた)、業種と地域別 – 2028年までの世界予測
B2B Digital Payment Market by Offering (Solutions, Services), Payment Method (Credit Cards/Debit Cards/Virtual Cards, Digital Wallet), Transaction Type (Domestic, Cross-Border), Vertical and Region – Global Forecast to 2028
MarketsandMarkets forecasts that the B2B digital payment market size is projected to grow from USD 4.2 billion in 2023 to USD 8.2 billion by 2028, at a CAGR of 14.3% during the forecast period. The COVID-19 pandemic accelerated the adoption of digital payment methods as remote work and social distancing became the norm. Many businesses shifted their focus to digital operations, including payments, to ensure continuity during challenging times.
The major players in the B2B digital payment market PayPal (US), Fiserv (US), FIS (US), Global Payments (US), ACI Worldwide (US), Block (US), MasterCard (US), Visa (US), Payoneer (US), Stripe (US), Helcim (Canada), Payset (UK), Paytm (India), Razorpay (India), Rapyd (UK), Stax (US), EBANX (Brazil), Ramp (US), HighRadius (US), MatchMove (US), BharatPe (India), Juspay (India), Ripple (US), Terra (South Korea), Lolli (US), Paystand (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, product enhancements, and acquisitions to expand their footprint in the B2B digital payment market.
The report provides insights on the following pointers:
Analysis of key drivers (Increasing digital transformation across industries, High proliferation of smartphones enabling mCommerce growth, Rise of eCommerce and adoption of embedded payment system, Rise in the adoption of contactless payments, Increase in the adoption of real-time payments), restraints (Lack of global standards for cross-border payments, complexity of processes), opportunities (Rapid decline in unbanked population across the globe, Gradual adoption of Open-Banking APIs, Progressive changes in regulatory frameworks, Rise in cross-border payments, Collaboration between banks and fintech institutions to leverage customer experience), and challenges (Fragmented regional regulatory landscape, Fraud, and security concerns) influencing the growth of the B2B digital payment market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the B2B digital payment market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the B2B digital payment market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the B2B digital payment market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players PayPal (US), Fiserv (US), FIS (US), Global Payments (US), ACI Worldwide (US), Block (US), MasterCard (US), Visa (US), Payoneer (US), Stripe (US), Helcim (Canada), Payset (UK), Paytm (India), Razorpay (India), Rapyd (UK), Stax (US), EBANX (Brazil), Ramp (US), HighRadius (US), MatchMove (US), BharatPe (India), Juspay (India), Ripple (US), Terra (South Korea), Lolli (US), Paystand (US).