WASHINGTON, July 06, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research's recent study report on the Global Payment Analytics Software Market finds that increasing penetration of smartphones, rising e-commerce industry, and growing adoption of mobile payment are accelerating the growth of the Payment Analytics Software Market in the coming years. In addition, the rising use of advanced technology such as RFID, NFC, and host card emulation technology at the time of payment is expected to propel the growth of the Payment Analytics Software Market during the projected period. However, data security concerns and a lack of IT infrastructure are expected to hamper the market growth of Payment Analytics Software Market during the forecast period. The Global Market revenue value stood at USD 3.14 Billion in 2021.
The Global Payment Analytics Software Market size is forecasted to reach USD 4.09 Billion by 2028 and is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period (2022-2028); states Vantage Market Research, in a report, titled "Payment Analytics Software Market Size, Share & Trends Analysis Report by Type (Web-Based, Cloud-based), by Enterprise Size (Large Enterprise, Small & Medium Enterprise), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)".
Please Check Out Our Free Sample Reports and Make a More Informed Decision:
Get Access to a Free Copy of Our Latest Sample Report @ https://www.vantagemarketresearch.com/payment-analytics-software-market-1696/request-sample
(Sample reports are a great way to test our in-depth reports or study before you make a purchase)
- The newly updated, 140+ page reports provide an in-depth analysis of the COVID-19 virus and pandemic.
- Using industry data and interview with experts, you can learn about topics such as regional impact analysis, global forecast, competitive landscape analysis, size & share of regional markets.
- We offer these reports in PDF format so you can read them on your computer and print them out.
- Free sample includes, Industry Operating Conditions, Industry Market Size, Profitability Analysis, SWOT Analysis, Industry Major Players, Historical and Forecast, Growth Porter's 5 Forces Analysis, Revenue Forecasts, Industry Trends, Industry Financial Ratios.
- The report also presents the country-wise and region-wise analysis of the Vantage Market Research and includes a detailed analysis of the key factors affecting the growth of the market.
- Sample Report further sheds light on the Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis, to offer the readers an advantage over others.
Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Payment Analytics Software market is predicted to grow at a CAGR of roughly 4.5% during the forecast period.
- The Payment Analytics Software market was estimated to be worth roughly USD 3.14 Billion in 2021 and is expected to reach USD 4.09 Billion by 2028; based on primary research.
- On the basis of region, Asia Pacific is projected to dominate the worldwide Payment Analytics Software market.
Market Dynamics:
Drivers:
Increasing Adoption of Smartphones
One of the primary reasons driving the Payment Analytics Software Market growth is the increasing adoption of smartphones around the world. The development is because users may use their cell phones for mobile payments. The growth of the e-commerce business in emerging nations, as well as the rise in smartphone usage worldwide, are the key reasons driving the Payment Analytics Software Market growth. In addition, rising mobile payment acceptance in emerging regions contributes to the Payment Analytics Software Market growth. Furthermore, the rising usage of NFC, RFID, and host card emulation technologies in mobile payments and the increased need for rapid & easy transaction services are projected to make the lucrative growth of the Payment Analytics Software Market. Many businesses and customers have begun to accept and pay for goods & services using smartphone apps. This shift is propelling the Global Payment Analytics Software Market forward. Moreover, increased technical advancements in Payment Analytics Software Market, such as machine learning, big data analytics, and artificial intelligence, are expected to provide attractive growth avenues for the Payment Analytics Software Market throughout the forecast period.
Restraint:
Lesser Human Error
Increasing regulatory concerns, as well as data protection risks in Payment Analytics Software Market, are projected to hamper the growth of the Payment Analytics Software Market during the projected period. In addition, the industry expansion may be limited by a lack of network infrastructure, data protection issues, a lack of awareness, and other operational obstacles & hazards. Several linked devices record personal data and track users' real-time location, placing them at risk of being used fraudulently & criminally by hackers and other elements in the coming years. In addition, people are still unaware and dubious about the security of online modes of payment, and cyber threats further introduced their skeptical thoughts about using online payment.
Purchase This Premium Report (Price 4500 USD for a single-user license) at @ https://www.vantagemarketresearch.com/buy-now/payment-analytics-software-market-1696/0
Benefits of Purchasing Payment Analytics Software Market Reports:
- Customer Satisfaction: Our team of experts assists you with all your research needs and optimizes your reports.
- Analyst Support: Before or after purchasing the report, ask a professional analyst to address your questions.
- Assured Quality: Focuses on accuracy and quality of reports.
- Incomparable Skills: Analysts provide in-depth insights into reports.
Segmentation of Payment Analytics Software Market:
- Type
- Web Based
- Cloud Based
- Enterprise Size
- Large Enterprise
- Small & Medium Enterprise
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/payment-analytics-software-market-1696
COVID-19 Impact Analysis:
Since the outbreak of the COVID-19 pandemic, which affected various industries worldwide. Governments worldwide implemented strict lockdown measures and social distancing norms to restrict the effect of the pandemic. Several manufacturing and other facilities globally were forced to shut down during the initial stages of the pandemic due to lockdown measures undertaken by Governments globally. In addition, the financial crisis after the pandemic might lead to a significant delay in the commercial roll-out of the Payment Analytics Software Market industry. Small and Medium-Scale organizations are considered the backbone of technology providers. These witnessed a sharp drop in income since the pandemic began in 2020. As a result, market players faced numerous challenges.
On the other, things are expected to improve in the latter half of 2022 as more supplies will come online.
Our research study also focuses on the impact of the COVID-19 pandemic on the global market supply/demand and a thorough study is done while projecting the present and future market size.
In addition, growth trends of the market for all the global regions and countries are based on the following data points:
- Impact Assessment of COVID-19 Pandemic
a. North America
b. Europe
c. Asia Pacific
d. Latin America
e. Middle East & Africa - Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
- Crucial Strategies Undertaken by Companies to Tackle COVID-19
- Short-term Dynamics
- Long-term Dynamics
The Report on Payment Analytics Software Market Highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historical Data, Estimates, and Forecast
- Company Profiles
- Global and Regional Dynamics
Browse market data Tables and Figures spread through 145 Pages and in-depth TOC on "Payment Analytics Software Market Size, Share & Trends Analysis Report by Type (Web-Based, Cloud-based), by Enterprise Size (Large Enterprise, Small & Medium Enterprise), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)".
Regional Analysis:
Europe Anticipated Potential Market Growth
Europe dominated the growth of the Global Payment Analytics Software Market in 2021, owing to the companies available in this region placing close attention on digitalization. The U.S. is commonly viewed as an early adopter of next-generation technologies such as the Internet of Things, additive manufacturing, big data analytics, linked industries, AI, and the most recent communications technology such as 4G, 5G, & LTE, which in turn, accelerate the growth of the Payment Analytics Software Market in this region.
List of Prominent Players in the Payment Analytics Software Market:
- Profit Well
- Blue Snap
- Databox
- Pay firma
- Yap stone
- Cash Notify
- Hi Pay Intelligence
- Pay Sketch
- Revealytics
- RJ Metrics
Recent Developments:
February 2020: French payment service provider, World line announced its intention to take over its competitor Ingenico, also based in France, for EUR 7.8 bn.
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Payment Analytics Software Market?
- How will the Payment Analytics Software Market change in the upcoming six years?
- Which application and product will take a lion’s share of the Payment Analytics Software Market?
- What is the Payment Analytics Software market drivers and restrictions?
- What will be the CAGR and size of the Payment Analytics Software Market throughout the forecast period?
This market, titled "Payment Analytics Software Market" will cover exhaustive and exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others, as mentioned below:
| Parameter | Details |
| Market Size Provided for Years | 2016-2028 |
| Base Year | 2021 |
| Historic Years | 2016-2020 |
| Forecast Years | 2022-2028 |
| Segments Covered | • Type • Web Based • Cloud Based • Enterprise Size • Large Enterprise • Small & Medium Enterprise • Region • North America • Europe • Asia Pacific • Latin America • Middle East & Africa |
| Region & Counties Covered | • North America • U.S. • Canada • Mexico • Europe • U.K • France • Germany • Italy • Spain • Rest Of Europe • Asia Pacific • China • Japan • India • South Korea • South East Asia • Rest Of Asia Pacific • Latin America • Brazil • Argentina • Rest Of Latin America • Middle East & Africa • GCC Countries • South Africa • Rest Of Middle East & Africa |
| Companies Covered | • ProfitWell • BlueSnap • Databox • Payfirma • Yapstone • CashNotify • HiPay Intelligence • PaySketch • Revealytics • RJMetrics |
| Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Customization of the Report:
The report can be customized as per client needs or requirements. For any queries, you can contact us on sales@vantagemarketresearch.com or +1 (202) 380-9727. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.
Download Free Sample Report Now @ https://www.vantagemarketresearch.com/payment-analytics-software-market-1696/request-sample
Browse More Related Report:
- Enterprise Asset Management Market Size, Share & Trends Analysis Report by Component (Solution, Services), by Application (Asset Lifecycle Management, Inventory Management, Work Order Management, Labor Management), by Deployment Model (On-Premises, Cloud), by Organization Size (Small & Medium-Sized Enterprises (SMEs), Large Enterprises), by Verticals (Energy & Utilities, Transportation & Logistics, Government & Public Sector, IT & Telecommunications), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028).
- Banking Encryption Software Market Size, Share & Trends Analysis Report by Component (Software, Service), by Deployment (On-Premise, Cloud-Based), by Enterprise Size (Small and Medium Enterprises, Large Enterprises), by Function (Disk Encryption, Communication Encryption, File/Folder Encryption, Cloud Encryption), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028).
- Business Software and Services Market Size, Share & Trends Analysis Report by Software (Finance, Sales & Marketing, Human Resource, Supply Chain), by Service (Consulting, Managed Services, Support & Maintenance), by Deployment (Cloud, On-Premise), by Enterprise Size (Large Enterprises, Small & Medium Enterprises), by End Use (Aerospace & Defense, BFSI, Government, Healthcare), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028).
- Facility Management Market Size, Share & Trends Analysis Report by Component (Solutions, Services), by Deployment Mode (Cloud, On-Premises), by Organization Size (Large Enterprises, Small and Medium-Sized Enterprises (SMEs)), by Vertical (BFSI, IT and Telecom, Government and Public Administration, Healthcare), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028).
About Vantage Market Research:
We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research reports. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.
Follow Us on LinkedIn: https://www.linkedin.com/company/vantage-market-research/
Follow Us on Twitter: https://twitter.com/vantagemarketr
Contact us
Eric Kunz
6218 Georgia Avenue NW Ste 1 - 564
Washington DC 20011-5125
United States Tel: +1 202 380 9727
Email: sales@vantagemarketresearch.com
Website: https://www.vantagemarketresearch.com/
Latest Vantage Market Research Press Releases @https://www.vantagemarketresearch.com/insight/press-releases
Latest Vantage Market Research Blog @ https://www.vantagemarketresearch.com/insight/blogs
Blog:
- https://bwsc.kr/
- https://makitirapide.com/
- https://marketstrades.com/
- https://v-mr.biz/
- https://techwire24.com/
- https://eurooo.fr/
- https://basital.de/
- https://emarketbee.com/
- http://globalresearchwire.com/
- https://www.ourdia-medium.fr/
- https://www.ecofege.fr/
