UK Digital Payment Market Size & Outlook, 2022-2030

The digital payment market in UK is expected to reach a projected revenue of US$ 20,470.2 million by 2030. A compound annual growth rate of 20.7% is expected of UK digital payment market from 2023 to 2030.
Revenue, 2022 (US$M)
$4,548.6
Forecast, 2030 (US$M)
$20,470.2
CAGR, 2023 - 2030
20.7%
Report Coverage
UK

UK digital payment market highlights

  • The UK digital payment market generated a revenue of USD 4,548.6 million in 2022 and is expected to reach USD 20,470.2 million by 2030.
  • The UK market is expected to grow at a CAGR of 20.7% 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.

Digital payment market data book summary

Market revenue in 2022USD 4,548.6 million
Market revenue in 2030USD 20,470.2 million
Growth rate20.7% (CAGR from 2022 to 2030)
Largest segmentPayment processing
Fastest growing segmentPayment Gateway
Historical data2018 - 2021
Base year2022
Forecast period2023 - 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, UK accounted for 5.6% of the global digital payment market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany digital payment market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 26,210.6 million by 2030.

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Digital Payment Market Scope

Digital payment market segmentation & scope
Application Program Interface
Payment Gateway
Payment Processing
Payment Security & Fraud Management
Transaction Risk Management
Others
Bank Cards
Digital Currencies
Digital Wallets
Net Banking
Point of Sales
Others
Cloud
On-premise
Large Enterprises
Small & Medium Enterprises
BFSI
Healthcare
IT & Telecom
Media & Entertainment
Retail & E-commerce
Transportation
Others

Digital Payment Market Companies

Name Profile # Employees HQ Website

UK 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 26.14% in 2022. Horizon Databook has segmented the UK 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.


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

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

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UK digital payment market size, by solution, 2018-2030 (US$M)

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

UK digital payment market size, by solution, 2018-2030 (US$M)

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