Global Payment Processing Solutions Market Size & Outlook
The payment processing solutions industry worldwide is expected to reach a projected revenue of US$ 139,900.6 million by 2030. A compound annual growth rate of 14.5% is expected of the worldwide payment processing solutions industry from 2024 to 2030.
Revenue, 2023 (US$M)
$54,228.9
Forecast, 2030 (US$M)
$139,900.6
CAGR, 2024 - 2030
14.5%
Report Coverage
Worldwide
Global payment processing solutions market, 2017-2030 (US$M)
Related Markets
Global payment processing solutions market highlights
- The global payment processing solutions market generated a revenue of USD 54,228.9 million in 2023 and is expected to reach USD 139,900.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.5% by 2030.
- In terms of segment, credit card accounted for a revenue of USD 23,983.1 million in 2023.
- E-Wallet is the most lucrative payment method segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 54,228.9 million |
| Market revenue in 2030 | USD 139,900.6 million |
| Growth rate | 14.5% (CAGR from 2023 to 2030) |
| Largest segment | Credit card |
| Fastest growing segment | E-Wallet |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Credit Card, Debit Card, E-Wallet |
Other key industry trends
- In terms of revenue, the North America accounted for 34.3% of the global payment processing solutions market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 36,752.5 million by 2030.
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Payment Processing Solutions Market Scope
Payment processing solutions market segmentation & scope
Payment Processing Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global payment processing solutions 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 payment processing solutions market will help companies and investors design strategic landscapes.
credit card was the largest segment with a revenue share of 44.23% in 2023. Horizon Databook has segmented the Global payment processing solutions market based on credit card, debit card, e-wallet covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Payment Processing Solutions Payment Method Outlook (Revenue, USD Million, 2017-2030)
- Credit Card
- Debit Card
- E-Wallet
- Global Payment Processing Solutions End Use Outlook (Revenue, USD Million, 2017-2030)
- Hospitality
- Retail
- Utilities & Telecommunication
- Others
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Our clientele includes a mix of payment processing solutions market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global payment processing solutions market , including forecasts for subscribers. This global databook contains high-level insights into Global payment processing solutions market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global payment processing solutions market statistics, by region, 2017-2030 (US$M)
Top 10 countries: Payment processing solutions market size, 2023 (USD Million)
Top 10 countries: Payment processing solutions market size, 2023 (USD Million)
Global payment processing solutions market, by region, 2023 (US$M)
Related regional statistics
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