Digital Payment Market Share, Size, Analysis, Forecast, Trends & Growth
The global Digital Payment Market size is predicted to reach USD 87 billion by 2024, growing at a CAGR of over 15% during the forecast period. The growing usage of smartphones, various initiatives taken to promote digital payment, and the growing e-commerce industry are the major drivers of the global digital payment market. In terms of type, the market for digital payment is categorized into solutions and services. Important Aspects of the Digital Payment Market The solutions category is further categorized in terms of payment gateway solutions, payment processing solutions, payment wallet solutions, payment security & fraud management solutions, and POS solutions. Owing to the growth of the e-commerce industry, the payment gateway solutions category is projected to witness the fastest growth during the forecast period. Taking into account the geographical landscape, the North American digital payment market is projected to hold the largest share of the global ...