Europe Digital Payment Market Size & Outlook, 2022-2030

The digital payment market in Europe is expected to reach a projected revenue of US$ 84,817.8 million by 2030. A compound annual growth rate of 20.1% is expected of Europe digital payment market from 2023 to 2030.
Revenue, 2022 (US$M)
$19,551.3
Forecast, 2030 (US$M)
$84,817.8
CAGR, 2023 - 2030
20.1%
Report Coverage
Europe

Europe digital payment market highlights

  • The Europe digital payment market generated a revenue of USD 19,551.3 million in 2022.
  • The market is expected to grow at a CAGR of 20.1% from 2023 to 2030.
  • In terms of segment, payment processing was the largest revenue generating solution in 2022.
  • Payment Gateway is the most lucrative solution segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.

Europe data book summary

Market revenue in 2022USD 19,551.3 million
Market revenue in 2030USD 84,817.8 million
Growth rate20.1% (CAGR from 2022 to 2030)
Largest segmentPayment processing
Fastest growing segmentPayment Gateway
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationApplication Program Interface, Payment Gateway, Payment Processing, Payment Security & Fraud Management, Transaction Risk Management
Key market players worldwideAurora Innovation Inc Class A, Adyen NV, PayPal Holdings Inc, Novatti Group Ltd, ACI Worldwide Inc, Global Payments Inc, Wirecard AG

Other key industry trends

  • In terms of revenue, Europe region accounted for 24.1% of the global digital payment market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 89,281.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Digital Payment Market Companies

Name Profile # Employees HQ Website

Europe digital payment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital payment market will help companies and investors design strategic landscapes.


Payment processing was the largest segment with a revenue share of 26.15% in 2022. Horizon Databook has segmented the Europe digital payment market based on application program interface, payment gateway, payment processing, payment security & fraud management, transaction risk management covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Digital Payment Solution Outlook (Revenue, USD Million, 2018-2030)
    • Application Program Interface
    • Payment Gateway
    • Payment Processing
    • Payment Security & Fraud Management
    • Transaction Risk Management
    • Others
  • Europe Digital Payment Mode of Payment Outlook (Revenue, USD Million, 2018-2030)
    • Bank Cards
    • Digital Currencies
    • Digital Wallets
    • Net Banking
    • Point of Sales
    • Others
  • Europe Digital Payment Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • Europe Digital Payment Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprises
    • Small & Medium Enterprises
  • Europe Digital Payment End Use Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • Healthcare
    • IT & Telecom
    • Media & Entertainment
    • Retail & E-commerce
    • Transportation
    • Others

Reasons to subscribe to Europe digital payment market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Europe digital payment market databook

  • Our clientele includes a mix of digital payment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe digital payment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe digital payment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Europe digital payment market size, by country, 2018-2030 (US$M)

Europe Digital Payment Market Outlook Share, 2022 & 2030 (US$M)

Europe digital payment market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more