Real-Time Payments Market 2021 Overview by Solutions, Services, Application, Players Statistics, Demand, Emerging Trends & Investment Opportunities to 2028
Global real-time payments market revenue is projected to reach close to USD 43 Billion by 2025. This can be attributed to the increasing absorption of such solutions and services by the enterprises.
Dallas, United States – March 31, 2021 /MarketersMedia/ —
The global real-time payments market size is projected to reach nearly USD 43 billion by 2025. In addition, it is projected to gather a CAGR of about 30% over the forecast years 2020-2025. The market is majorly driven by the rising usage of smartphones across the globe and growing demand for immediacy and quick clearings and settlements of money transfers among consumers and merchants. Additionally, rising adoption of RTP solutions among e-commerce retailers and retail store owners is estimated to bolster the market growth. These solutions deliver benefits, such as faster transaction speed as compared to most other electronic methods, real-time messaging, extensive data exchange, and 24/7/365 availability to merchants and corporate businesses.
Get Research Insights @ https://www.adroitmarketresearch.com/contacts/request-sample/182
Global real time payment industry has been segmented on the basis of solutions, enterprise size segments and geography. Further, solutions segment has been sub divide to payment processing, payment gateway and payment security & fraud analyze management.
We have provided CAGR, value, volume, sales, production, revenue, and other estimations for the global as well as regional markets. Companies are profiled keeping in view their gross margin, market share, production, areas served, recent developments, and more factors. Key factor driving the Real Time Payments market growth is rising usage of smartphones and connected devices as well as growing customers’ demand for faster settlement of payment.
The research study offers complete analysis of critical aspects of the Real Time Payments market, including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure.
The payment security & fraud management is expected to dominate the market in solution segment, witnessing the growth at substantial rate. Moreover, rising number of virtual frauds while financial transactions will further boost the demand for payment security & fraud management solution over the forecast period.
Likewise, enterprise size has been bifurcated into Small & Medium-sized Enterprises (SMEs) and large enterprises. The large enterprises segment is anticipated to rule the enterprise segment of the market acquiring the largest market share over the forecast period. Besides, this segment are looking forward towards increasing their investments so that they can make progressive as well as innovative real time payments solutions.
Access Complete Research Report @ https://www.adroitmarketresearch.com/industry-reports/real-time-payments-market
Geographical segment of the real time payment is led by APAC region with highest real time payments market share 2018 and is also anticipated to embrace the same rising at a notable CAGR by the end of forecast period. Moreover, growth of APAC region is attributed to several factors including the increasing adoption of innovative technologies, digitalization, economic developments plus higher investments from Real-Time Payments solution as well as service providers. Furthermore, rising population in the region contributes to high number of transactions impelling the market growth.
Key players in the competitive landscape of the real time payment market include FIS (US), Fiserv (US), ACI Worldwide (US), Mastercard (US), PayPal (US), Worldline (France), Visa (US), Apple (US), INTELLIGENT PAYMENTS (Gibraltar), Ant Financial (China), Tmenos (Swtizerland), Global Payments (US), Wirecard (Germany), IntegraPay (Australia), Capgemini (France), SIA (Italy), Ripple (US), Pelican (UK), Finastra (UK), Nets (Denmark), Montran (US), REPAY (US), FSS (India), Obopay (India) and Icon Solutions (UK).
Key segments of the global real time payment market are:
Solutions segmentation
Payment processing
Payment gateway
Payment security & fraud analyze management
Enterprise Size Segmentation
Small & Medium-sized Enterprises (SMEs)
Large enterprises
Geographical Segmentation
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Make an Enquire to buy This Report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/182
What to expect from the upcoming report on ‘Global Real-Time Payments Market:
Analysis about future prospects as well as Global Real-Time Payments Market trends market over the forecast period (2019-2025)
Information regarding technological progressions as well as innovations taking place in developing as well as developed economies including UK Real Time Payments market.
Supportive initiatives by government likely to influence the market dynamics.
Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
In-depth analysis of different market segmentations including regional segmentations, applications and product types.
Deep analysis about the competitive landscape of the real time payments market and the initiatives by them to improve this market.
Who should buy this report?
Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy managers and academic institutions looking for insights into the market to determine future strategies.
About Adroit Market Research:
Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.
Contact Information:
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 (214) 884-6068 / +91 9665341414
Contact Info:
Name: Adroit
Email: Send Email
Organization: Adroit Market Research
Address: 3131 McKinney Ave Ste 600 Dallas, TX 75204, U.S.A
Website: https://www.adroitmarketresearch.com/industry-reports/real-time-payments-market
Source: MarketersMedia
Release ID: 89003422
Copyright © 1999-2013 SproutNews.com
