Global Payment Processing Solutions Strategic Business Report 2022: Market to Reach $108.3 Billion by 2027 - Credit Card Segment to Account for $47.8 Billion - ResearchAndMarkets.com

The "Payment Processing Solutions: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Global Payment Processing Solutions Market to Reach $108.3 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Payment Processing Solutions estimated at US$47 Billion in the year 2020, is projected to reach a revised size of US$108.3 Billion by 2027, growing at a CAGR of 12.7% over the analysis period 2020-2027.

Credit Cards, one of the segments analyzed in the report, is projected to record a 10.9% CAGR and reach US$47.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Debit Cards segment is readjusted to a revised 12% CAGR for the next 7-year period.

The U.S. Market is Estimated at $12.8 Billion, While China is Forecast to Grow at 16.6% CAGR

The Payment Processing Solutions market in the U.S. is estimated at US$12.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$23.3 Billion by the year 2027 trailing a CAGR of 16.7% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.8% and 10.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$16.1 Billion by the year 2027.

eWallet Segment to Record 19.1% CAGR

In the global eWallet segment, USA, Canada, Japan, China and Europe will drive the 19.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.9 Billion in the year 2020 will reach a projected size of US$15.7 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 21.1% CAGR through the analysis period.

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Payment Processing Solutions - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS (Total 72 Featured)

• PayPal
• Fiserv
• Global Payments
• FIS
• Square
• Stripe
• MasterCard
• Visa
• Dwolla
• ACI Worldwide
• Adyen
• Paysafe
• Jack Henry & Associates
• Wirecard
• PayU

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/4irt

View source version on businesswire.com: https://www.businesswire.com/news/home/20221118005457/en/