The global commerce payment market is expected to grow from USD 1.5 trillion in 2017 to USD 2.2 trillion by 2030, at a CAGR of 5.6% during the forecast period. The growth of this market can be attributed to the increasing number of online transactions and the growing demand for digital payments across various industries such as retail, banking, and finance. The global commerce payment market is segmented on the basis of type into cash on delivery (COD), direct debits, invoices, digital wallets, postpay (PP), prepay (Pp), prepaid cards (Pc), debit cards (Dc), credit cards (Cr) and charge cards (Cc). The commercial application segment accounted for a major share in 2017 owing to its wide usage across various industries such as retailing and banking & finance. North America dominated this market in 2017 owing to its high adoption rates among consumers for online shopping and e-commerce activities coupled with an increase in investments by key players in this region towards developing new technologies that are more secure than traditional methods of payments such as credit card or debit card transactions.
Some Of The Growth Factors Of This Market:
- The growth of e-commerce is a major factor in the growth of the e-commerce payment market.
- The increasing number of online shoppers is also a major factor in the growth of the e-commerce payment market.
- The increase in mobile commerce and m-payments is also a major factor in the growth of the e-commerce payment market.
- Increasing use of social media for shopping purposes is another factor that will drive this market's growth over time, as it provides an easy way to share products with friends and family members on social media platforms such as Facebook, Twitter, Instagram, etc, which can lead to increased sales for retailers who are able to capitalize on these opportunities by using them as marketing tools for their products or services.
- Increasing use of smartphones and tablets for shopping purposes will also drive this market's growth over time.
Industry Growth Insights published a new data on “E-commerce Payment Market”. The research report is titled “E-commerce Payment Market research by Types (Cash on delivery, Direct debits, E-invoices, Digital wallets, PostPay, PrePay, Pre-paid cards, Debit cards, Credit cards, Charge cards, E-commerce Paymen), By Applications (Commercial, Banks, Finance), By Players/Companies Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover, E-commerce Paymen”.
Scope Of The Report
Report Attributes
Report Details
Report Title
E-commerce Payment Market Research Report
By Type
Cash on delivery, Direct debits, E-invoices, Digital wallets, PostPay, PrePay, Pre-paid cards, Debit cards, Credit cards, Charge cards, E-commerce Paymen
By Application
Commercial, Banks, Finance
By Companies
Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover, E-commerce Paymen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global E-commerce Payment Market Report Segments:
The global E-commerce Payment market is segmented on the basis of:
Types
Cash on delivery, Direct debits, E-invoices, Digital wallets, PostPay, PrePay, Pre-paid cards, Debit cards, Credit cards, Charge cards, E-commerce Paymen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Banks, Finance
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alipay
- Tenpay
- PayPal
- Visa
- MasterCard
- China UnionPay
- American Express
- JCB
- Discover
- E-commerce Paymen
Highlights of The E-commerce Payment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cash on delivery
- Direct debits
- E-invoices
- Digital wallets
- PostPay
- PrePay
- Pre-paid cards
- Debit cards
- Credit cards
- Charge cards
- E-commerce Paymen
- By Application:
- Commercial
- Banks
- Finance
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the E-commerce Payment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
E-commerce payment is a process of paying for goods and services online using electronic funds transfer.
Some of the major companies in the e-commerce payment market are Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover, E-commerce Paymen.
The e-commerce payment market is expected to grow at a compound annual growth rate of 5.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. E-commerce Payment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. E-commerce Payment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. E-commerce Payment Market - Supply Chain
4.5. Global E-commerce Payment Market Forecast
4.5.1. E-commerce Payment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. E-commerce Payment Market Size (000 Units) and Y-o-Y Growth
4.5.3. E-commerce Payment Market Absolute $ Opportunity
5. Global E-commerce Payment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. E-commerce Payment Market Size and Volume Forecast by Type
5.3.1. Cash on delivery
5.3.2. Direct debits
5.3.3. E-invoices
5.3.4. Digital wallets
5.3.5. PostPay
5.3.6. PrePay
5.3.7. Pre-paid cards
5.3.8. Debit cards
5.3.9. Credit cards
5.3.10. Charge cards
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global E-commerce Payment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. E-commerce Payment Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Banks
6.3.3. Finance
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global E-commerce Payment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. E-commerce Payment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global E-commerce Payment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. E-commerce Payment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global E-commerce Payment Demand Share Forecast, 2019-2026
9. North America E-commerce Payment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America E-commerce Payment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America E-commerce Payment Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Banks
9.4.3. Finance
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America E-commerce Payment Market Size and Volume Forecast by Type
9.7.1. Cash on delivery
9.7.2. Direct debits
9.7.3. E-invoices
9.7.4. Digital wallets
9.7.5. PostPay
9.7.6. PrePay
9.7.7. Pre-paid cards
9.7.8. Debit cards
9.7.9. Credit cards
9.7.10. Charge cards
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America E-commerce Payment Demand Share Forecast, 2019-2026
10. Latin America E-commerce Payment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America E-commerce Payment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America E-commerce Payment Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Banks
10.4.3. Finance
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America E-commerce Payment Market Size and Volume Forecast by Type
10.7.1. Cash on delivery
10.7.2. Direct debits
10.7.3. E-invoices
10.7.4. Digital wallets
10.7.5. PostPay
10.7.6. PrePay
10.7.7. Pre-paid cards
10.7.8. Debit cards
10.7.9. Credit cards
10.7.10. Charge cards
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America E-commerce Payment Demand Share Forecast, 2019-2026
11. Europe E-commerce Payment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe E-commerce Payment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe E-commerce Payment Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Banks
11.4.3. Finance
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe E-commerce Payment Market Size and Volume Forecast by Type
11.7.1. Cash on delivery
11.7.2. Direct debits
11.7.3. E-invoices
11.7.4. Digital wallets
11.7.5. PostPay
11.7.6. PrePay
11.7.7. Pre-paid cards
11.7.8. Debit cards
11.7.9. Credit cards
11.7.10. Charge cards
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe E-commerce Payment Demand Share, 2019-2026
12. Asia Pacific E-commerce Payment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific E-commerce Payment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific E-commerce Payment Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Banks
12.4.3. Finance
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific E-commerce Payment Market Size and Volume Forecast by Type
12.7.1. Cash on delivery
12.7.2. Direct debits
12.7.3. E-invoices
12.7.4. Digital wallets
12.7.5. PostPay
12.7.6. PrePay
12.7.7. Pre-paid cards
12.7.8. Debit cards
12.7.9. Credit cards
12.7.10. Charge cards
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific E-commerce Payment Demand Share, 2019-2026
13. Middle East & Africa E-commerce Payment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa E-commerce Payment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa E-commerce Payment Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Banks
13.4.3. Finance
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa E-commerce Payment Market Size and Volume Forecast by Type
13.7.1. Cash on delivery
13.7.2. Direct debits
13.7.3. E-invoices
13.7.4. Digital wallets
13.7.5. PostPay
13.7.6. PrePay
13.7.7. Pre-paid cards
13.7.8. Debit cards
13.7.9. Credit cards
13.7.10. Charge cards
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa E-commerce Payment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global E-commerce Payment Market: Market Share Analysis
14.2. E-commerce Payment Distributors and Customers
14.3. E-commerce Payment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alipay
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tenpay
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PayPal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Visa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MasterCard
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. China UnionPay
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. American Express
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. JCB
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Discover
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. E-commerce Paymen
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook