Online Payment Gateway Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030
Market Report I 2024-06-27 I 255 Pages I Infinium Global Research and Consulting Solutions
The report on the global online payment gateway market provides qualitative and quantitative analysis for the period from 2021-2030. The global online payment gateway market was valued at USD 27.4 million in 2022 and is expected to reach USD 66.6 million in 2030, with a CAGR of 13.03% during the forecast period 2023-2030. This growth can be attributed to several factors, including the rise of e-commerce platforms, the proliferation of mobile payment solutions, and the increasing adoption of contactless payment methods. The study on online payment gateway market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
The report on online payment gateway market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global online payment gateway market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global online payment gateway market over the period of 2021-2030. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
One of the key trends in the online payment gateway market is the demand for secure and seamless payment experiences. With the growing concerns around data privacy and cybersecurity, consumers are looking for payment gateways that offer robust security features, such as encryption and tokenization, to protect their financial information. In addition, businesses are investing in technologies like artificial intelligence and machine learning to detect and prevent fraudulent transactions, ensuring a smooth and secure payment process for their customers.
Another trend shaping the online payment gateway market is the convergence of payment solutions with other digital services. From mobile wallets to peer-to-peer payment platforms, consumers are increasingly using payment gateways that offer a wide range of functionalities beyond just processing transactions. This trend is driving innovation in the industry, with payment gateways integrating features like loyalty programs, invoicing tools, and analytics capabilities to provide a comprehensive payment solution for businesses of all sizes.
Report Findings
1) Drivers
- The rapid growth of e-commerce is driving the growth of the online payment gateway market.
- The growing adoption of mobile payments is expected to stimulate the growth of the market.
2) Restraints
- The privacy and security-related threats concern can hamper the growth of the market.
3) Opportunities
- The advancement in technology can provide lucrative opportunities for the growth of the market.
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global online payment gateway market is segmented on the basis of type, application, and end user.
The Global Online Payment Gateway Market by Type
- Hosted Payment Gateways
- Pro/Self-hosted Payment Gateways
- API/Non-hosted Payment Gateways
- Local Bank Integrates
- Direct Payment Gateways
- Platform-based Payment Gateways
The Global Online Payment Gateway Market by Application
- Micro and Small Enterprise
- Large Enterprise
- Mid-sized Enterprise
The Global Online Payment Gateway Market by End User
- E-commerce
- Retail /Online Retail
- Travel
- Banking (BFSI)
- Others
Company Profiles
The companies covered in the report include
- PayPal Holdings, Inc.
- Web Active Corporation
- Amazon Payments, Inc.
- PayU
- Adyen
- Authorize.Net
- WePay Inc.
- PesoPay
- VeriFone, Inc.
- Block, Inc.
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the online payment gateway market.
2. Complete coverage of all the segments in the online payment gateway market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global online payment gateway market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Online Payment Gateway Market Highlights
2.2. Online Payment Gateway Market Projection
2.3. Online Payment Gateway Market Regional Highlights
Chapter 3. Global Online Payment Gateway Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by End User
3.4.4. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Online Payment Gateway Market
Chapter 4. Online Payment Gateway Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Online Payment Gateway Market
5.2. Companies Profiles
5.2.1. PayPal Holdings, Inc.
5.2.2. Web Active Corporation
5.2.3. Amazon Payments, Inc.
5.2.4. PayU
5.2.5. Adyen
5.2.6. Authorize.Net
5.2.7. WePay Inc.
5.2.8. PesoPay
5.2.9. VeriFone, Inc.
5.2.10. Block, Inc.
Chapter 6. Global Online Payment Gateway Market by Type
6.1. Hosted Payment Gateways
6.2. Pro/Self-hosted Payment Gateways
6.3. API/Non-hosted Payment Gateways
6.4. Local Bank Integrates
6.5. Direct Payment Gateways
6.6. Platform-based Payment Gateways
Chapter 7. Global Online Payment Gateway Market by Application
7.1. Micro and Small Enterprise
7.2. Large Enterprise
7.3. Mid-sized Enterprise
Chapter 8. Global Online Payment Gateway Market by End User
8.1. E-commerce
8.2. Retail /Online Retail
8.3. Travel
8.4. Banking (BFSI)
8.5. Others
Chapter 9. Global Online Payment Gateway Market by Region 2023-2030
9.1. North America
9.1.1. North America Online Payment Gateway Market by Type
9.1.2. North America Online Payment Gateway Market by Application
9.1.3. North America Online Payment Gateway Market by End User
9.1.4. North America Online Payment Gateway Market by Country
9.1.4.1. The U.S. Online Payment Gateway Market
9.1.4.1.1. The U.S. Online Payment Gateway Market by Type
9.1.4.1.2. The U.S. Online Payment Gateway Market by Application
9.1.4.1.3. The U.S. Online Payment Gateway Market by End User
9.1.4.2. Canada Online Payment Gateway Market
9.1.4.2.1. Canada Online Payment Gateway Market by Type
9.1.4.2.2. Canada Online Payment Gateway Market by Application
9.1.4.2.3. Canada Online Payment Gateway Market by End User
9.1.4.3. Mexico Online Payment Gateway Market
9.1.4.3.1. Mexico Online Payment Gateway Market by Type
9.1.4.3.2. Mexico Online Payment Gateway Market by Application
9.1.4.3.3. Mexico Online Payment Gateway Market by End User
9.2. Europe
9.2.1. Europe Online Payment Gateway Market by Type
9.2.2. Europe Online Payment Gateway Market by Application
9.2.3. Europe Online Payment Gateway Market by End User
9.2.4. Europe Online Payment Gateway Market by Country
9.2.4.1. Germany Online Payment Gateway Market
9.2.4.1.1. Germany Online Payment Gateway Market by Type
9.2.4.1.2. Germany Online Payment Gateway Market by Application
9.2.4.1.3. Germany Online Payment Gateway Market by End User
9.2.4.2. United Kingdom Online Payment Gateway Market
9.2.4.2.1. United Kingdom Online Payment Gateway Market by Type
9.2.4.2.2. United Kingdom Online Payment Gateway Market by Application
9.2.4.2.3. United Kingdom Online Payment Gateway Market by End User
9.2.4.3. France Online Payment Gateway Market
9.2.4.3.1. France Online Payment Gateway Market by Type
9.2.4.3.2. France Online Payment Gateway Market by Application
9.2.4.3.3. France Online Payment Gateway Market by End User
9.2.4.4. Rest of Europe Online Payment Gateway Market
9.2.4.4.1. Rest of Europe Online Payment Gateway Market by Type
9.2.4.4.2. Rest of Europe Online Payment Gateway Market by Application
9.2.4.4.3. Rest of Europe Online Payment Gateway Market by End User
9.3. Asia Pacific
9.3.1. Asia Pacific Online Payment Gateway Market by Type
9.3.2. Asia Pacific Online Payment Gateway Market by Application
9.3.3. Asia Pacific Online Payment Gateway Market by End User
9.3.4. Asia Pacific Online Payment Gateway Market by Country
9.3.4.1. China Online Payment Gateway Market
9.3.4.1.1. China Online Payment Gateway Market by Type
9.3.4.1.2. China Online Payment Gateway Market by Application
9.3.4.1.3. China Online Payment Gateway Market by End User
9.3.4.2. Japan Online Payment Gateway Market
9.3.4.2.1. Japan Online Payment Gateway Market by Type
9.3.4.2.2. Japan Online Payment Gateway Market by Application
9.3.4.2.3. Japan Online Payment Gateway Market by End User
9.3.4.3. India Online Payment Gateway Market
9.3.4.3.1. India Online Payment Gateway Market by Type
9.3.4.3.2. India Online Payment Gateway Market by Application
9.3.4.3.3. India Online Payment Gateway Market by End User
9.3.4.4. Rest of Asia-Pacific Online Payment Gateway Market
9.3.4.4.1. Rest of Asia-Pacific Online Payment Gateway Market by Type
9.3.4.4.2. Rest of Asia-Pacific Online Payment Gateway Market by Application
9.3.4.4.3. Rest of Asia-Pacific Online Payment Gateway Market by End User
9.4. RoW
9.4.1. RoW Online Payment Gateway Market by Type
9.4.2. RoW Online Payment Gateway Market by Application
9.4.3. RoW Online Payment Gateway Market by End User
9.4.4. RoW Online Payment Gateway Market by Sub-region
9.4.4.1. Latin America Online Payment Gateway Market
9.4.4.1.1. Latin America Online Payment Gateway Market by Type
9.4.4.1.2. Latin America Online Payment Gateway Market by Application
9.4.4.1.3. Latin America Online Payment Gateway Market by End User
9.4.4.2. Middle East Online Payment Gateway Market
9.4.4.2.1. Middle East Online Payment Gateway Market by Type
9.4.4.2.2. Middle East Online Payment Gateway Market by Application
9.4.4.2.3. Middle East Online Payment Gateway Market by End User
9.4.4.3. Africa Online Payment Gateway Market
9.4.4.3.1. Africa Online Payment Gateway Market by Type
9.4.4.3.2. Africa Online Payment Gateway Market by Application
9.4.4.3.3. Africa Online Payment Gateway Market by End User
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