#Payment #Gateway #Market #Size #expected #reach #USD
TOKYO , Oct. 13, 2022 (GLOBE NEWSWIRE) — The Global Payment Gateway Market Size accounted for USD 26.8 Billion in 2021 and is estimated to achieve a market size of USD 106.4 Billion by 2030 growing at a CAGR of 16.8% from 2022 to 2030
Payment Gateway Market Statistics
- Global payment gateway market revenue was worth USD 26.8 billion in 2021, with a 16.8% CAGR from 2022 to 2030
- North America region has dominated the market with more than 35.8% share in 2021
- In the US, the SMEs sector held more than 40% of the payment gateway market share in 2021.
- According to China’s National Bureau of Statistics, online shopping sales of physical products climbed 14.8% in 2020
- Growing e-commerce sales along with rising internet penetration, drives the payment gateway market value
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Payment Gateway Market Report Coverage:
Market | Payment Gateway Market | |
Payment Gateway Market Size 2021 | USD 26.8 Billion | |
Payment Gateway Market Forecast 2030 | USD 106.4 Billion | |
Payment Gateway Market CAGR During 2022 – 2030 | 16.8% | |
Payment Gateway Market Analysis Period | 2018 – 2030 | |
Payment Gateway Market Base Year | 2021 | |
Payment Gateway Market Forecast Data | 2022 – 2030 | |
Segments Covered | By Type, By Enterprise Size, By End Use, And By Geography | |
Payment Gateway Market Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa | |
Key Companies Profiled | Due, BitPay, Stripe, Square Capital, LLC, Payline Data Services LLC, Adyen, Flagship Merchant Services, GoCardless Ltd., PayPal, and Cayan. | |
Report Coverage | Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Payment Gateway Market Overview
In recent years, the mode of payment has developed at a tremendous speed, from the token system to currency pooling and electronic transactions. A payment gateway enables any organization, such as concrete block or online retailing, to receive payments from…
Read on GNW: Payment Gateway Market Size is expected to reach at USD