Middle East Online Payment Gateway Market By Interaction Mode (Pro/Self-Hosted Payment Gateways, Local Bank Integrates, Platform Based Payment Gateway Solution, Hosted Payment Gateways, Api/Non-Hosted Payment Gateways, Direct Payment Gateway), Organisation Size (Micro and Small Enterprise, Large Enterprise, Mid- Sized Enterprise), End User (BFSI, Retail, Travel, Media & Entertainment, Others), Country (Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Middle East Online Payment Gateway Market
Middle East online payment gateway is expected to reach USD 8.19 billion by 2027 witnessing market growth at a rate of 16.45% in the forecast period of 2020 to 2027. Data Bridge Market Research report on middle east online payment gateway market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Increasing preferences of the people towards online transaction system along with rising demand of m-wallet, rising penetration of internet among the growing number of young population, growing disposable income of the people, rising initiatives by the government for cashless transaction which will likely to enhance the growth of the Middle East online payment gateway market in the forecast period of 2020-2027. On the other hand, easy availability of online payment channel along with easy access and time saving comparison with attractive online bids which will further bring immense opportunities for the growth of the Middle East online payment gateway market in the above mentioned forecast period.
Growing number of cyber-attack and data breaching are acting as market restraints for Middle East online payment gateway in the above mentioned forecasted period.
This Middle East online payment gateway market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Middle East online payment gateway market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East Online Payment Gateway Market Scope and Market Size
Middle East online payment gateway market is segmented on the basis of interaction mode, organisation size, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Middle East online payment gateway market on the basis of interaction mode has been segmented as pro/self-hosted payment gateways, local bank integrates, platform based payment gateway solution, hosted payment gateways, Api/non-hosted payment gateways, and direct payment gateway.
- Based on organisation size, Middle East online payment gateway market has been segmented into micro and small enterprise, large enterprise, and mid- sized enterprise.
- Middle East online payment gateway has also been segmented on the basis of end user into BFSI, retail, travel, media & entertainment, and others.
Middle East Online Payment Gateway Market Country Level Analysis
Middle East online payment gateway market is analysed and market size, volume information is provided by country, hardware, software, deployment, application and end user as referenced above.
The countries covered in the market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
U.A.E dominates the Middle East online payment gateway market due to the rising initiatives by the government for digitisation and e-transactions.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East Online Payment Gateway Market Share Analysis
Middle East online payment gateway market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Middle East online payment gateway market.
The major players covered in the Middle East online payment gateway market report are TELR PTE LTD, PAYFORT INTERNATIONAL FZ LLC, Checkout, PayTabs., CASHU, among other domestic players. Market share data is available for Middle East and Africa (MEA). DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Middle East Online Payment Gateway Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.