Digital Payment Market Research Report by Component, by

NEW YORK, Jan 21, 2022 (GLOBE NEWSWIRE) – announces the release of the Digital Payments Market Research Report by Component, by Deployment Type, by Organization Size, by Payment Method, by Vertical, by Region – Global Outlook to 2027 – Cumulative Impact of COVID-19” –

The global digital payment market size was estimated at $58.31 billion in 2020 and is expected to reach $69.91 billion in 2021, growing at a compound annual growth rate of 20.26% to reach $212.21 billion by 2027.

Market Statistics:
The report presents the market size and forecast across five major currencies – the US dollar, the euro, the British pound, the Japanese yen and the Australian dollar. It helps organizations leaders make better decisions when currency exchange data is readily available. In this report, 2018 and 2019 are historical years, 2020 is a base year, 2021 is an estimated year, and the years 2022 to 2027 are the forecast period.

Market segmentation and coverage:
This research report categorizes digital payment for revenue forecasting and trend analysis in each of the following sub-markets:

Based on the component, the market has been studied via services and solutions. Services are further studied across Consulting and Integration, Incident Response Services, Managed Security Services, Support and Maintenance, Training and Development. The solutions are further studied across anti-malware/antivirus software, DDoS attack mitigation, encryption, firewall, identity and access management, intrusion detection and prevention systems, security and vulnerability management, security information and event management, and whitelisting.

Depending on the type of deployment, the market has been studied via cloud and on-premises.

Depending on the size of the organization, the market has been studied across large companies and small and medium-sized companies.

Depending on the payment method, the market has been studied across bank cards, digital currencies, digital wallets, net banking and point of sale.

Based on Vertical, the market has been studied across banking, financial services, insurance, healthcare, media and entertainment, retail, e-commerce, telecommunications, transportation and logistics, and travel and hospitality.

Based on region, the market has been studied across the Americas, Asia Pacific, Europe, Middle East and Africa. The Americas have been further studied across Argentina, Brazil, Canada, Mexico, and the United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia Pacific region is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. EMEA is further studied across France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, the United Arab Emirates, and the United Kingdom.

Cumulative effect of COVID-19:
COVID-19 is an unrivaled global public health emergency that has affected nearly every industry, and the long-term effects are expected to impact industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure that core COVID-19 issues and potential paths forward are included. The report provides insights into COVID-19 considering changes in consumer behavior, demand, purchasing patterns, supply chain reorientation, current market forces dynamics, and important interventions of governments. The updated study provides insights, analysis, estimates and forecasts, considering the impact of COVID-19 on the market.

Competitive strategic window:
The Competitive Strategy Window analyzes the competitive landscape in terms of markets, applications, and geographies to help the seller determine the fit or suitability between their capabilities and opportunities for future growth prospects. Describes the optimal or favorable suitability for vendors to adopt successive merger and acquisition strategies, geographic expansion, research and development, and new product introduction strategies to carry out further expansion and growth of the business over a forecast period.

FPNV Matrix Positioning:
The FPNV Matrix positioning rates and ranks vendors in the digital payment market based on business strategy (business growth, industry coverage, financial viability, channel support) and product satisfaction (value for money, ease of use, product features, customer support) that helps companies take Better decisions and an understanding of the competitive landscape.

Market share analysis:
Market share analysis provides an analysis of the vendors given their contribution to the market as a whole. It provides the idea of ​​revenue generation in the market as a whole as compared to other suppliers in the space. It provides insight into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing the market share provides an idea of ​​the size and competitiveness of the vendors for the base year. It reveals the characteristics of the market in terms of accumulation, fragmentation, domination, and merger.

Competitive scenario:
The competitive scenario provides a forward analysis of the different business growth strategies adopted by the vendors. The news covered in this section provides valuable insights at various stages while keeping pace with business and engaging stakeholders in the economic debate. A competitive scenario represents press releases or corporate news classified in merger and acquisition, agreement, collaboration, partnership, new product launch and improvement, investment and financing, award, recognition, and expansion. All the collected news helps the seller to understand the gaps in the market and the strength and weakness of the competitor and thus provide insights to enhance the product and service.

Company Usability Profiles:
The report explores in depth the recent significant developments by the leading vendors and innovation profiles in the global digital payment market, including ACI Worldwide, Adyen and Aliant Payments Inc. and and Apple Inc. and Aurus Inc. and Due Inc. and Dwolla, Inc., Fattmerchant, Inc., FIS, Inc., Fiserv, Inc., Global Payments Inc., Intuit Inc., JPMorgan Chase & Co., Mastercard Inc., PayPal Holdings, Inc., Paysafe Group Limited, SPREEDLY , INC. and Square, Inc. and Visa Inc..

The report provides insights into the following indicators:
1. Market Penetration: Provides comprehensive market information provided by the major players
2. Market Development: Provides in-depth information on profitable emerging markets and penetration analysis across mature market segments
3. Market diversification: Provides detailed information on new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape and manufacturing capabilities of the leading players
5. Product development and innovation: Provides intelligent insights into future technologies, R&D activities and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the global digital payment market?
2. What are the dampening factors and impact of COVID-19 in shaping the global Digital Payments market during the forecast period?
3. What products/segments/applications/areas should be invested in during the forecast period of the global digital payment market?
4. What is the competitive strategic window of opportunity in the global digital payment market?
5. What are the technology trends and regulatory frameworks in the global digital payment market?
6. What is the market share of the leading vendors in the global Digital Payment market?
7. What patterns and strategic moves are suitable for entering the global digital payment market?
Read the full report:

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