PUNE, India, Dec. 12, 2019 (GLOBE NEWSWIRE) -- The latest business intelligence report published by Data Bridge Market research titled “Global Digital Payment Market” presents you with global Industry Analysis, Size, Shares, Growth, Trends, revenue, cost, gross Margin and forecast by 2026.
The Digital Payment Market report also provides a deep insight into the activities of key players such as Google, Amazon, Apple, Mastercard, Visa, First Data Corporation, PayPal, Global Payments, and Others. This comprehensive report gives better market perspective in terms of future events, sales strategies, Investments, business marketing strategy, future products, new geographical markets, customer actions or behaviours with the help of 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages for easy understanding.
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Global Digital Payment Market is driven by rapid increase in number of smart phones, which is projecting a rise in estimated value from USD 38.14 billion in 2018 to an estimated value of USD 146.70 billion by 2026, registering a CAGR of 18.34% in the forecast period of 2019-2026.
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Major Industry Competitors: Digital Payment Market
Few of the major competitors currently working in digital payment market are Google, Amazon.com, Inc., Apple Inc., Mastercard, Visa, First Data Corporation, PayPal, Worldpay, LLC, Wirecard AG, Fiserv, Inc., Chetu Inc., Total System Services, Inc., Novatti Group Limited, ACI Worldwide Inc., Global Payments Inc., BlueSnap Inc., Paysafe Holdings UK Limited and Worldline.
Thinking One Step Ahead
In today’s competitive world you need to think one-step ahead to chase your competitors, our research offers reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies to present better insights to drive the business into right direction.
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The 2019 Annual Digital Payment Market offers:
- 100+ charts exploring and analyzing the Digital Payment market from critical angles including retail forecasts, consumer demand, production and more
- 10+ profiles of top Digital Payment producing states, with highlights of market conditions and retail trends
- Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
- Benchmark wholesale prices, market position, plus prices for raw materials involved in Digital Payment type
Key Segmentation: Digital Payment Market
- By Type (Solutions, Services), Deployment Mode (On-Premises, Cloud), Organization Size (SMEs, Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Telecom & Information Technology, Retail & E-Commerce, Healthcare, Media & Entertainment, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Rapid Business Growth Factors
- In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that’s helping the market grow faster than usual is the tough competition.
What are the major market growth drivers?
- Rapid increase in number of smartphones globally which generates the demand for doing transaction with flexibility & feasibility.
- Increasing need of improving customer experience at point of sale so that there can be ease of transaction.
Key Developments in the Market:
- In August 2018, fully digital payment product by Wirecard has been launched to boost online sales in South Africa. This will result in strong online order to increase the overall revenue of the country.
- In July 2018, SoftBank of Japan partners with Paytm to launch the online digital payment service in Japan which will diversify the company’s payment platform.
Some extract from Table of Contents
- Overview of Global Digital Payment Market
- Digital Payment Size (Sales Volume) Comparison by Type
- Digital Payment Size (Consumption) and Market Share Comparison by Application
- Digital Payment Size (Value) Comparison by Region
- Digital Payment Sales, Revenue and Growth Rate
- Digital Payment Competitive Situation and Trends
- Strategic proposal for estimating availability of core business segments
- Players/Suppliers, Sales Area
- Analyze competitors, including all important parameters of Digital Payment
- Global Digital Payment Manufacturing Cost Analysis
- The most recent innovative headway and supply chain pattern mapping
Table of Contents Available Here https://www.databridgemarketresearch.com/toc?dbmr=global-digital-payment-market
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.
Why Is Data Triangulation Important In Qualitative Research?
This involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Triangulation is one method used while reviewing, synthesizing and interpreting field data. Data triangulation has been advocated as a methodological technique not only to enhance the validity of the research findings but also to achieve ‘completeness’ and ‘confirmation’ of data using multiple methods
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