Digital Payment Market Size is Projected to Reach USD 70640 Million by 2026 Growing at a CAGR of 10.2% | Valuates Reports

Digital Payment Market Size is Projected to Reach USD 70640 Million by 2026 Growing at a CAGR of 10.2% | Valuates Reports

PR Newswire

BANGALORE, India, March 26, 2020

BANGALORE, India, March 26, 2020 /PRNewswire/ -- One of the major reasons expected to drive the digital payment market (Online payment market) size during the forecast period is the increased use of smartphones, coupled with high internet penetration.

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In 2019, The Global Digital payment market size was USD 35510 million and was forecasted to hit USD 70640 million by the end of 2026, with a CAGR of 10.2 percent in 2021-2026.

Digital payment includes payment gateways, payment processing solutions, mobile wallet solutions, mobile protection, fraud detection solutions, and POS solutions. Digital payment systems are divided into managed and professional services. During the forecast period, the payment gateway solutions subsegment is projected to rise at the highest CAGR.

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FACTORS AFFECTING DIGITAL PAYMENT MARKET SIZE :

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DIGITAL PAYMENT MARKET SHARE ANALYSIS BY REGION :

DIGITAL PAYMENT MARKET SEGMENTATIONS

Digital Payment Market segment by Regions/Countries, this report covers

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Digital Payment Market segment by Type, the product can be split into

Digital Payment Market segment by Application, split into

The key players covered in this study

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