The
"Payment Gateway Market to 2025 by Type (Hosted Payment Gateway, Non-Hosted
Payment Gateway, Direct Payment Gateway and Platform Based Payment Gateway);
and Organization Size (Small & Medium Enterprise and Large Enterprise) -
Global Analysis and Forecast" The scope of study involves understanding on
the factors responsible for this growth of payment gateways market along with
the estimates and forecasts of the revenue and market share analysis and also
spots the significant payment gateways players in the market and their key
developments.
Payment Gateway Market to 2025 - Global payment gateway market is expected to
grow from US$ 30.6 Bn in 2016 to US$ 86.9
Bn
by 2025 at a CAGR of 12.4% between 2017 and 2025. The merchants all over the
globe are avidly willing to expand their businesses cross-border by adaption of
a logical approach, by partnering with the payment gateways. With the help of
this partnership, these merchants gain the advantage of tapping the
opportunities created by the globalization of e-commerce. Majority of merchants
today, are eyeing up global expansion and wish to grow at a faster pace,
however, the last thing they would ever need in this dynamic & competitive
landscape is a payment gateway that either refrains their growth or pushes them
to collaborate with multiple PSPs (Payment Service Providers) in different
regions.
Some of the remarkable partnership and collaboration in this industry includes
partnership of CCBill and Weebly (US), with this partnership around 45 million
Weebly merchants globally and its buyer would be gaining secured CCBill
checkout experience and thus support company's payment solutions demand of
online stores. Further, Cardstream partnered with Creditcall (UK), for
launching first omni-channel processing and reporting solution. This solution
is developed especially for independent sales organizations (ISOs), software
companies, and independent software vendors (ISVs).
The global payment gateway market by geography is segmented into six region
including North America, Europe, Asia Pacific, Middle East & Africa and
South America. North America is expected to account for the largest share of
the global payment gateway market in 2016, followed by Europe. US being key
country in North America region which will lead payment gateway market in this
region and is also expected to continue its dominance throughout the forecast
period from 2017 to 2025. Some of the key players of payment gateway market
include PayPal Holdings, Inc., Amazon Payments, Inc., Secure Trading Limited,
Cardstream Limited, CCBill, LLC, BitPay, Inc., GoCardless Ltd., Stripe Inc.,
Due Inc. Merchant Warrior, Authorize.Net and WePay Inc. among others.
The report segments the global Payment Gateway market as follows:
Global Payment Gateway Market - By Type
Hosted Payment Gateway
Non-Hosted Payment Gateway
Direct Payment Gateway
Platform Based Payment Gateway
Global Payment Gateway Market - By Organization Size
Small & Medium Enterprises
Large Enterprises
Global Payment Gateway Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K.
Rest of Europe
Asia Pacific (APAC)
Japan
China
India
Australia
Rest of APAC
Middle East & Africa (MEA)
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
South America (SA)
Brazil
Rest of SA