The digital payment industry will relinquish an approximated estimate at a frequency of 18.9% for the projection space of 2020 to 2027 with factor such as increasing penetration of internet services.
Digital payment market has shown an exceptional penetration in countries such as China, the U.S. and India. Enabling government regulations is increasing the penetration in developed countries. In developing countries, technological advancement such as artificial intelligence is creating opportunity for the global digital payment market.
According to Data Bridge Market Research, the market for digital payment in North America region has the highest market share followed by Asia-Pacific and Europe. Market leader is Visa which accounts an estimated market share of approximately 8% to 15% in the North America region. The company has gained outstanding sales through their industrial products which include Visa Credit Cards, Visa Prepaid Cards and Visa Debit Cards.
Now the question is which other regions Visa, PayPal Holdings, Inc. and Mastercard are targeting? Data Bridge Market Research has estimated a large growth in North America digital payment market and the market leaders targeting the U.S., Canada and Mexico to be their next revenue pockets for 2020.
The digital payment market is becoming more competitive every year with companies such as Visa, PayPal Holdings, Inc. and Mastercard as they are the market leaders for digital payment market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the digital payment market.
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Global digital payment market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of digital payment companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-digital-payment-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, 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. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Browse in ICT Category Related Reports@ https://www.databridgemarketresearch.com/report-category/information-and-communication-technology
Global Digital Payment Market – Industry Trends and Forecast to 2028
Europe Digital Payment Market – Industry Trends and Forecast to 2027
Asia-Pacific Digital Payment Market – Industry Trends and Forecast to 2027
Middle East and Africa Digital Payment Market - Industry Trends and Forecast to 2027
North America Digital Payment Market – Industry Trends and Forecast to 2027