Global Payment Processing Solutions Market to Reach $161.9 Billion by 2030

Dublin, March 13, 2024 (GLOBE NEWSWIRE) -- The "Payment Processing Solutions: Global Strategic Business Report" report has been added to's offering.

The global market for Payment Processing Solutions estimated at US$58.5 Billion in the year 2022, is projected to reach a revised size of US$161.9 Billion by 2030, growing at a CAGR of 13.6% over the analysis period 2022-2030. Credit Cards, one of the segments analyzed in the report, is projected to record 11.2% CAGR and reach US$67.3 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 12.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $15.9 Billion, While China is Forecast to Grow at 18.6% CAGR

The Payment Processing Solutions market in the U.S. is estimated at US$15.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$38.4 Billion by the year 2030 trailing a CAGR of 18.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 11% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.

Select Competitors (Total 72 Featured) -

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

Key Attributes:

Report AttributeDetails
No. of Pages108
Forecast Period2020 - 2027
Estimated Market Value (USD) in 2020$47 Billion
Forecasted Market Value (USD) by 2027$108.3 Billion
Compound Annual Growth Rate12.7%
Regions CoveredGlobal

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Global Market for Payment Processing Solutions

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