Real-Time Payment Market
Real-Time Payment Market Study by Solutions and Services for Retail & e-Commerce, BFSI, IT & Telecom, Travel & Tourism, Government, Healthcare, and Energy & Utilities from 2024 to 2034
Analysis of Real-Time Payment Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Real-Time Payment Market Outlook (2024 to 2034)
Increasing customer demand for quick payment methods is set to push the global real-time payment market to a value of US$ 27.9 billion in 2024. Worldwide demand for real-time payment solutions is projected to accelerate at a significantly high CAGR of 32% and reach a market valuation of US$ 447.7 billion by 2034-end.
Rising adoption of cloud-based solutions for quick payments along with the proliferation of smartphones is positively impacting market dynamics. Moreover, growing demand from more consumers for quick payment settlements is anticipated to widen the application of real-time payment facilities. More governments and financial institutions are investing to adopt real-time payment services, which is expected to accelerate market growth.
Digitization is contributing to the adoption of real-time payment services. More governments are taking initiatives for the promotion of digital payments aiming to increase the count of digital transactions. The constant rollout of high-speed broadband and 5G network services is forecasted to bode well for the global market growth. In addition, rising literacy levels and the increasing population of the tech-savvy young generation are forecasted to offer potential market growth opportunities.
- East Asia is approximated to contribute 23.1% of the global real-time payment market share by the end of 2034.
- Demand for real-time payment solutions in South Korea is projected to accelerate at 32.9% CAGR from 2024 to 2034.
- Real-time payment solutions are forecasted to account for 68% share of global market revenue by 2034-end.
Governments, from different countries, are investing more in subsidies and 5G infrastructure to contribute to the adoption of digital payments. Furthermore, there are multiple benefits offered by real-time payment solutions, including increased convenience, reduced transaction time, payment device flexibility, and real-time transaction processing. These merits are set to positively influence the real-time payment market trends going forward.
Report Attributes | Details |
---|---|
Real-time Payment Market Size (2024E) | US$ 27.9 Billion |
Forecasted Market Value (2034F) | US$ 447.7 Billion |
Global Market Growth Rate (2024 to 2034) | 32% CAGR |
North America Market Share (2034E) | 24.3% CAGR |
Market Share of On-premise Real-time Payment Solutions (2034F) | 58% |
Japan Market Growth Rate (2024 to 2034) | 32.6% |
Key Companies Profiled | Fidelity National Information Services, Inc. (FIS Inc.); ACI Worldwide, Inc.; Volante Technologies Inc.; Mastercard Inc.; Montran Corporation; Finastra; Visa Inc.; Temenos AG; PayPal Holdings, Inc.; Fiserv, Inc.; Worldpay, Inc.; Wirecard AG |
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Which Key Drivers are Responsible for Expansion of Real-time Payment Market Size?
“Digitization of Payment Services Positively Influencing Market Growth”
Several governments are taking initiatives for promoting digital payments to increase the count of digital transactions.
For instance :
- The government in Japan announced its plan to carry out an initiative, Cashless Japan, in December 2019 to double the count of digital transactions by the end of 2025.
A rollout of high-speed broadband services and a 5G network are expected to contribute to the market expansion in the coming decade. Moreover, numerous governments are investing in subsidies and 5G infrastructure to stimulate the adoption of digital payments. Multiple fintech companies are emphasizing the development of real-time payment services for enabling corporate clients to request payments to respective banks with the use of websites and mobile applications.
What Roadblocks are Real-time Payment Service Providers Facing?
“Lack of Awareness and Dearth of Skilled Workforce”
Although real-time payment solutions are becoming popular among various individuals. However, there are still certain areas across geographies with limited or no awareness of these instant payment methods, which is further adversely impacting their demand. A lack of skilled personnel or laborers for multiple payment operations is forecasted to restrain demand for real-time payment solutions slightly.
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How are Startups Leveraging This Business Model?
“Incorporation of Innovative Technologies in Payment Options”
Startups trying to enter the business landscape are investing more in the incorporation of various advanced and innovative technologies, including IoT (Internet of Things), AI (Artificial Intelligence), etc. in digital payment platforms. These advancements are expected to generate demand for real-time payment solutions at a larger scale in the coming decade.
Country-wise Insights
North America is evaluated to contribute 24.3% share of global market revenue by 2034-end. The increasing count of immigrants in the region is projected to result in cross-border disbursements, which is further supporting market growth there.
Why is There Increased Preference for Real-time Payment Solutions in the United States?
“Presence of Several key Providers of Real-time Payment Services”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 3 Billion |
Growth Rate (2024 to 2034) | 32.5% CAGR |
Projected Value (2034F) | US$ 49.6 Billion |
The United States is estimated to account for 45.6% of the North American market share by the end of 2034. The country is one of the prominent homes of numerous market players, which is estimated to positively impact market dynamics. In addition, the increasing count of immigrants in the United States is leading to cross-border disbursements, which is driving demand for real-time payment solutions for quick transactions.
What is Driving Real-time Payment Market Growth in China?
“Increasing Digitization of Business Operations Driving Demand for Real-time Payment Services”
Attribute | China |
---|---|
Market Value (2024E) | US$ 3.1 Billion |
Growth Rate (2024 to 2034) | 32% CAGR |
Projected Value (2034F) | US$ 49.1 Billion |
China is anticipated to grow a 47.5% share of the East Asian market by 2034-end. There are various medium amp; small-scale and large-scale enterprises in the country, which are driving demand for real-time payment services. An increasing count of enterprises emphasizing on digitization of their business operations is forecasted to generate requirements for real-time payment solutions in China going forward.
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Category-wise Insights
A newly updated study by Fac.MR, a market research and competitive intelligence provider, asserts that large enterprises are anticipated to offer lucrative opportunities for market players with increased investments in real-time payment solutions to ensure effective payment processing.
How are Real-time Payment Solutions Revolutionizing the Way Business is Done?
“Growing Installation of Real-time Payment Solutions by Merchants”
Attribute | Solutions |
---|---|
Segment Value (2024E) | US$ 20.1 Billion |
Growth Rate (2024 to 2034) | 31.2% CAGR |
Projected Value (2034F) | US$ 304.5 Billion |
Real-time payment solutions are projected to contribute 68% share of the global market by 2034. Various merchants are trying to manage larger amounts of transactions, which is anticipated to lead to the integration of gateway systems into respective sales channels. Further, growing efforts by more companies for the development of innovative solutions for the detection and mitigation of fraud activities are also driving market dynamics.
For instance :
- Shopify is an e-Commerce company. In November 2020, it entered into a partnership with Alibaba Group Holding Ltd., which is a provider of payment gateway; Alipay.
Why are On-premise Real-time Payment Technologies More Popular?
“Preference on Instant Transactions and Digital Payment Solutions”
Attribute | On-premise |
---|---|
Segment Value (2024E) | US$ 18.1 Billion |
Growth Rate (2024 to 2034) | 30.5% CAGR |
Projected Value (2034F) | US$ 259.7 Billion |
Based on deployment, on-premise real-time payment solutions are forecast to hold a 58% share of the global market by 2034-end. Multiple companies around the world are entering into partnerships with respective online payment service providers for the delivery of effective consumer mobile payment solutions. More individuals and merchants are giving preference to instant transactions. In addition, the growing adoption of various types of digital solutions is also ensuring the preference for on-premise solutions as more efficient and quick payment methods.
For instance :
- ACI Worldwide is one of the popular software companies, which are operating around the world. In October 2020, it announced a partnership with Mastercard, which is one of the prominent payment technology companies and offers a wide variety of real-time payment solutions. The company supports on-premise software used for online transactions for government, central bank, and system operator-owned platforms.
Competitive Landscape
The highly competitive nature of the global market is shaped by strategic mergers & acquisitions and product innovations. Multiple frontrunners are emphasizing capacity enhancements to leverage prospects across potentially high growth markets.
For instance :
- Mastercard Incorporated, in June 2021, announced the launch of PayPort + to offer financial institutions and payment service providers flexible access to the real-time payment infrastructure in the United Kingdom.
Key players in the real-time payment industry include Fidelity National Information Services, Inc. (FIS Inc.), ACI Worldwide, Inc., Volante Technologies Inc., Mastercard Inc., Montran Corporation, Finastra; Visa Inc., Temenos AG, PayPal Holdings, Inc., Fiserv, Inc., Worldpay, Inc., and Wirecard AG.
Segmentation of Real-time Payment Market Research
-
By Component :
- Solutions
- Payment Gateway
- Payment Processing
- Security & Fraud Management
- Advisory Services
- Integration & Implementation Services
- Managed Services
- Services
- Solutions
-
By Payment Type :
- P2B
- B2B
- P2P
- Other
-
By Deployment :
- Cloud-based
- On-premise
-
By Enterprise Size :
- Large Enterprises
- Small & Medium Enterprises (SMEs)
-
By End-use Industry :
- Retail & e-Commerce
- BFSI
- IT & Telecom
- Travel & Tourism
- Government
- Healthcare
- Energy & Utilities
- Other End-use Industries
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Payment Type
- 8.1. P2B
- 8.2. B2B
- 8.3. P2P
- 8.4. Others
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Component
- 9.1. Solutions
- 9.1.1. Payment Gateway
- 9.1.2. Payment Processing
- 9.1.3. Security & Fraud Management
- 9.2. Services
- 9.2.1. Advisory Services
- 9.2.2. Integration & Implementation Services
- 9.2.3. Managed Services
- 9.1. Solutions
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Deployment
- 10.1. Cloud
- 10.2. On-premise
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Enterprise Size
- 11.1. Large Enterprises
- 11.2. Small & Medium Enterprises
- 12. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By End Use Industry
- 12.1. Retail & E-commerce
- 12.2. BFSI
- 12.3. IT & Telecom
- 12.4. Travel & Tourism
- 12.5. Government
- 12.6. Healthcare
- 12.7. Energy & Utilities
- 12.8. Others
- 13. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. Asia Pacific
- 13.5. Middle East and Africa (MEA)
- 14. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Asia Pacific Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Key Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. ACI Worldwide, Inc.
- 21.2. Fidelity National Information Services, Inc.
- 21.3. Finastra
- 21.4. Fiserv, Inc.
- 21.5. Mastercard, Inc.
- 21.6. Montran Corp.
- 21.7. PayPal Holdings, Inc.
- 21.8. Temenos AG
- 21.9. Visa Inc.
- 21.10. Volante Technologies Inc
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn),By Deployment, 2018 to 2023
Table 02: Global Market Value (US$ Mn),By Deployment, 2024 to 2034
Table 03: Global Market Value (US$ Mn), By Payment Type, 2018 to 2023
Table 04: Global Market Value (US$ Mn), By Payment Type, 2024 to 2034
Table 05: Global Market Value (US$ Mn), By Component, 2018 to 2023
Table 06: Global Market Value (US$ Mn), By Component, 2024 to 2034
Table 07: Global Market Value (US$ Mn), By End Use Industry, 2018 to 2023
Table 08: Global Market Value (US$ Mn), By End Use Industry, 2024 to 2034
Table 09: Global Market Value (US$ Mn), By Enterprise Size, 2018 to 2023
Table 10: Global Market Value (US$ Mn), By Enterprise Size, 2024 to 2034
Table 11: Global Market, By Region, 2018 to 2023
Table 12: Global Market, By Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn),By Deployment, 2018 to 2023
Table 14: North America Market Value (US$ Mn),By Deployment, 2024 to 2034
Table 15: North America Market Value (US$ Mn), By Payment Type, 2018 to 2023
Table 16: North America Market Value (US$ Mn), By Payment Type, 2024 to 2034
Table 17: North America Market Value (US$ Mn), By Component, 2018 to 2023
Table 18: North America Market Value (US$ Mn), By Component, 2024 to 2034
Table 19: North America Market Value (US$ Mn), By End Use Industry, 2018 to 2023
Table 20: North America Market Value (US$ Mn), By End Use Industry, 2024 to 2034
Table 21: North America Market Value (US$ Mn), By Enterprise Size, 2018 to 2023
Table 22: North America Market Value (US$ Mn), By Enterprise Size, 2024 to 2034
Table 23: North America Market, By Country, 2018 to 2023
Table 24: North America Market, By Country, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn),By Deployment, 2018 to 2023
Table 26: Latin America Market Value (US$ Mn),By Deployment, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn), By Payment Type, 2018 to 2023
Table 28: Latin America Market Value (US$ Mn), By Payment Type, 2024 to 2034
Table 29: Latin America Market Value (US$ Mn), By Component, 2018 to 2023
Table 30: Latin America Market Value (US$ Mn), By Component, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn), By End Use Industry, 2018 to 2023
Table 32: Latin America Market Value (US$ Mn), By End Use Industry, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn), By Enterprise Size, 2018 to 2023
Table 34: Latin America Market Value (US$ Mn), By Enterprise Size, 2024 to 2034
Table 35: Latin America Market, By Country, 2018 to 2023
Table 36: Latin America Market, By Country, 2024 to 2034
Table 37: Europe Market Value (US$ Mn),By Deployment, 2018 to 2023
Table 38: Europe Market Value (US$ Mn),By Deployment, 2024 to 2034
Table 39: Europe Market Value (US$ Mn), By Payment Type, 2018 to 2023
Table 40: Europe Market Value (US$ Mn), By Payment Type, 2024 to 2034
Table 41: Europe Market Value (US$ Mn), By Component, 2018 to 2023
Table 42: Europe Market Value (US$ Mn), By Component, 2024 to 2034
Table 43: Europe Market Value (US$ Mn), By End Use Industry, 2018 to 2023
Table 44: Europe Market Value (US$ Mn), By End Use Industry, 2024 to 2034
Table 45: Europe Market Value (US$ Mn), By Enterprise Size, 2018 to 2023
Table 46: Europe Market Value (US$ Mn), By Enterprise Size, 2024 to 2034
Table 47: Europe Market, By Country, 2018 to 2023
Table 48: Europe Market, By Country, 2024 to 2034
Table 49: Asia Pacific Market Value (US$ Mn),By Deployment, 2018 to 2023
Table 50: Asia Pacific Market Value (US$ Mn),By Deployment, 2024 to 2034
Table 51: Asia Pacific Market Value (US$ Mn), By Payment Type, 2018 to 2023
Table 52: Asia Pacific Market Value (US$ Mn), By Payment Type, 2024 to 2034
Table 53: Asia Pacific Market Value (US$ Mn), By Component, 2018 to 2023
Table 54: Asia Pacific Market Value (US$ Mn), By Component, 2024 to 2034
Table 55: Asia Pacific Market Value (US$ Mn), By End Use Industry, 2018 to 2023
Table 56: Asia Pacific Market Value (US$ Mn), By End Use Industry, 2024 to 2034
Table 57: Asia Pacific Market Value (US$ Mn), By Enterprise Size, 2018 to 2023
Table 58: Asia Pacific Market Value (US$ Mn), By Enterprise Size, 2024 to 2034
Table 59: Asia Pacific Market, By Country, 2018 to 2023
Table 60: Asia Pacific Market, By Country, 2024 to 2034
Table 61: MEA Market Value (US$ Mn),By Deployment, 2018 to 2023
Table 62: MEA Market Value (US$ Mn),By Deployment, 2024 to 2034
Table 63: MEA Market Value (US$ Mn), By Payment Type, 2018 to 2023
Table 64: MEA Market Value (US$ Mn), By Payment Type, 2024 to 2034
Table 65: MEA Market Value (US$ Mn), By Component, 2018 to 2023
Table 66: MEA Market Value (US$ Mn), By Component, 2024 to 2034
Table 67: MEA Market Value (US$ Mn), By End Use Industry, 2018 to 2023
Table 68: MEA Market Value (US$ Mn), By End Use Industry, 2024 to 2034
Table 69: MEA Market Value (US$ Mn), By Enterprise Size, 2018 to 2023
Table 70: MEA Market Value (US$ Mn), By Enterprise Size, 2024 to 2034
Table 71: MEA Market, By Country, 2018 to 2023
Table 72: MEA Market, By Country, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 02: Global Market Absolute $ Historical Gain (2018 to 2023) and Opportunity (2024 to 2034), US$ Mn
Figure 03: Global Market Share, By Deployment, 2024 & 2034
Figure 04: Global Market Y-o-Y Growth Projections, By Deployment - 2024 to 2034
Figure 05: Global Market Attractiveness Index, By Deployment - 2024 to 2034
Figure 06: Global Market Share, By Payment Type, 2024 & 2034
Figure 07: Global Market Y-o-Y Growth Projections, By Payment Type - 2024 to 2034
Figure 08: Global Market Attractiveness Index, By Payment Type - 2024 to 2034
Figure 09: Global Market Share, By End Use Industry, 2024 & 2034
Figure 10: Global Market Y-o-Y Growth Projections, By End Use Industry - 2024 to 2034
Figure 11: Global Market Attractiveness Index, By End Use Industry - 2024 to 2034
Figure 12: Global Market Share, By Component, 2024 & 2034
Figure 13: Global Market Y-o-Y Growth Projections, By Component - 2024 to 2034
Figure 14: Global Market Attractiveness Index, By Component - 2024 to 2034
Figure 15: Global Market Share, By Enterprise Size, 2024 & 2034
Figure 16: Global Market Y-o-Y Growth Projections, By Enterprise Size - 2024 to 2034
Figure 17: Global Market Attractiveness Index, By Enterprise Size - 2024 to 2034
Figure 18: Global Market Share, By Region, 2024 & 2034
Figure 19: Global Market Y-o-Y Growth Projections, By Region - 2024 to 2034
Figure 20: Global Market Attractiveness Index, By Region - 2024 to 2034
Figure 21: North America Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 22: North America Market Absolute $ Historical Gain (2018 to 2023) and Opportunity (2024 to 2034), US$ Mn
Figure 23: North America Market Share, By Deployment, 2024 & 2034
Figure 24: North America Market Y-o-Y Growth Projections, By Deployment - 2024 to 2034
Figure 25: North America Market Attractiveness Index, By Deployment - 2024 to 2034
Figure 26: North America Market Share, By Payment Type, 2024 & 2034
Figure 27: North America Market Y-o-Y Growth Projections, By Payment Type - 2024 to 2034
Figure 28: North America Market Attractiveness Index, By Payment Type - 2024 to 2034
Figure 29: North America Market Share, By End Use Industry, 2024 & 2034
Figure 30: North America Market Y-o-Y Growth Projections, By End Use Industry - 2024 to 2034
Figure 31: North America Market Attractiveness Index, By End Use Industry - 2024 to 2034
Figure 32: North America Market Share, By Component, 2024 & 2034
Figure 33: North America Market Y-o-Y Growth Projections, By Component - 2024 to 2034
Figure 34: North America Market Attractiveness Index, By Component - 2024 to 2034
Figure 35: North America Market Share, By Enterprise Size, 2024 & 2034
Figure 36: North America Market Y-o-Y Growth Projections, By Enterprise Size - 2024 to 2034
Figure 37: North America Market Attractiveness Index, By Enterprise Size - 2024 to 2034
Figure 38: North America Market Share, By Country, 2024 & 2034
Figure 39: North America Market Y-o-Y Growth Projections, By Country - 2024 to 2034
Figure 40: North America Market Attractiveness Index, By Country - 2024 to 2034
Figure 41: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 42: Latin America Market Absolute $ Historical Gain (2018 to 2023) and Opportunity (2024 to 2034), US$ Mn
Figure 43: Latin America Market Share, By Deployment, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections, By Deployment - 2024 to 2034
Figure 45: Latin America Market Attractiveness Index, By Deployment - 2024 to 2034
Figure 46: Latin America Market Share, By Payment Type, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections, By Payment Type - 2024 to 2034
Figure 48: Latin America Market Attractiveness Index, By Payment Type - 2024 to 2034
Figure 49: Latin America Market Share, By End Use Industry, 2024 & 2034
Figure 50: Latin America Market Y-o-Y Growth Projections, By End Use Industry - 2024 to 2034
Figure 51: Latin America Market Attractiveness Index, By End Use Industry - 2024 to 2034
Figure 52: Latin America Market Share, By Component, 2024 & 2034
Figure 53: Latin America Market Y-o-Y Growth Projections, By Component - 2024 to 2034
Figure 54: Latin America Market Attractiveness Index, By Component - 2024 to 2034
Figure 55: Latin America Market Share, By Enterprise Size, 2024 & 2034
Figure 56: Latin America Market Y-o-Y Growth Projections, By Enterprise Size - 2024 to 2034
Figure 57: Latin America Market Attractiveness Index, By Enterprise Size - 2024 to 2034
Figure 58: Latin America Market Share, By Country, 2024 & 2034
Figure 59: Latin America Market Y-o-Y Growth Projections, By Country - 2024 to 2034
Figure 60: Latin America Market Attractiveness Index, By Country - 2024 to 2034
Figure 61: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 62: Europe Market Absolute $ Historical Gain (2018 to 2023) and Opportunity (2024 to 2034), US$ Mn
Figure 63: Europe Market Share, By Deployment, 2024 & 2034
Figure 64: Europe Market Y-o-Y Growth Projections, By Deployment - 2024 to 2034
Figure 65: Europe Market Attractiveness Index, By Deployment - 2024 to 2034
Figure 66: Europe Market Share, By Payment Type, 2024 & 2034
Figure 67: Europe Market Y-o-Y Growth Projections, By Payment Type - 2024 to 2034
Figure 68: Europe Market Attractiveness Index, By Payment Type - 2024 to 2034
Figure 69: Europe Market Share, By End Use Industry, 2024 & 2034
Figure 70: Europe Market Y-o-Y Growth Projections, By End Use Industry - 2024 to 2034
Figure 71: Europe Market Attractiveness Index, By End Use Industry - 2024 to 2034
Figure 72: Europe Market Share, By Component, 2024 & 2034
Figure 73: Europe Market Y-o-Y Growth Projections, By Component - 2024 to 2034
Figure 74: Europe Market Attractiveness Index, By Component - 2024 to 2034
Figure 75: Europe Market Share, By Enterprise Size, 2024 & 2034
Figure 76: Europe Market Y-o-Y Growth Projections, By Enterprise Size - 2024 to 2034
Figure 77: Europe Market Attractiveness Index, By Enterprise Size - 2024 to 2034
Figure 78: Europe Market Share, By Country, 2024 & 2034
Figure 79: Europe Market Y-o-Y Growth Projections, By Country - 2024 to 2034
Figure 80: Europe Market Attractiveness Index, By Country - 2024 to 2034
Figure 81: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 82: Asia Pacific Market Absolute $ Historical Gain (2018 to 2023) and Opportunity (2024 to 2034), US$ Mn
Figure 83: Asia Pacific Market Share, By Deployment, 2024 & 2034
Figure 84: Asia Pacific Market Y-o-Y Growth Projections, By Deployment - 2024 to 2034
Figure 85: Asia Pacific Market Attractiveness Index, By Deployment - 2024 to 2034
Figure 86: Asia Pacific Market Share, By Payment Type, 2024 & 2034
Figure 87: Asia Pacific Market Y-o-Y Growth Projections, By Payment Type - 2024 to 2034
Figure 88: Asia Pacific Market Attractiveness Index, By Payment Type - 2024 to 2034
Figure 89: Asia Pacific Market Share, By End Use Industry, 2024 & 2034
Figure 90: Asia Pacific Market Y-o-Y Growth Projections, By End Use Industry - 2024 to 2034
Figure 91: Asia Pacific Market Attractiveness Index, By End Use Industry - 2024 to 2034
Figure 92: Asia Pacific Market Share, By Component, 2024 & 2034
Figure 93: Asia Pacific Market Y-o-Y Growth Projections, By Component - 2024 to 2034
Figure 94: Asia Pacific Market Attractiveness Index, By Component - 2024 to 2034
Figure 95: Asia Pacific Market Share, By Enterprise Size, 2024 & 2034
Figure 96: Asia Pacific Market Y-o-Y Growth Projections, By Enterprise Size - 2024 to 2034
Figure 97: Asia Pacific Market Attractiveness Index, By Enterprise Size - 2024 to 2034
Figure 98: Asia Pacific Market Share, By Country, 2024 & 2034
Figure 99: Asia Pacific Market Y-o-Y Growth Projections, By Country - 2024 to 2034
Figure 100: Asia Pacific Market Attractiveness Index, By Country - 2024 to 2034
Figure 101: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2018 to 2034
Figure 102: MEA Market Absolute $ Historical Gain (2018 to 2023) and Opportunity (2024 to 2034), US$ Mn
Figure 103: MEA Market Share, By Deployment, 2024 & 2034
Figure 104: MEA Market Y-o-Y Growth Projections, By Deployment - 2024 to 2034
Figure 105: MEA Market Attractiveness Index, By Deployment - 2024 to 2034
Figure 106: MEA Market Share, By Payment Type, 2024 & 2034
Figure 107: MEA Market Y-o-Y Growth Projections, By Payment Type - 2024 to 2034
Figure 108: MEA Market Attractiveness Index, By Payment Type - 2024 to 2034
Figure 109: MEA Market Share, By End Use Industry, 2024 & 2034
Figure 110: MEA Market Y-o-Y Growth Projections, By End Use Industry - 2024 to 2034
Figure 111: MEA Market Attractiveness Index, By End Use Industry - 2024 to 2034
Figure 112: MEA Market Share, By Component, 2024 & 2034
Figure 113: MEA Market Y-o-Y Growth Projections, By Component - 2024 to 2034
Figure 114: MEA Market Attractiveness Index, By Component - 2024 to 2034
Figure 115: MEA Market Share, By Enterprise Size, 2024 & 2034
Figure 116: MEA Market Y-o-Y Growth Projections, By Enterprise Size - 2024 to 2034
Figure 117: MEA Market Attractiveness Index, By Enterprise Size - 2024 to 2034
Figure 118: MEA Market Share, By Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projections, By Country - 2024 to 2034
Figure 120: MEA Market Attractiveness Index, By Country - 2024 to 2034
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- FAQs -
How big is the real-time payment market size in 2024?
The global real-time payment market is estimated to reach US$ 27.9 billion in 2024.
What is the demand projection for real-time payments for 2034?
Worldwide demand for real-time payment services is forecasted to reach a valuation of US$ 447.7 billion by the end of 2034.
At what CAGR is the demand for real-time payment services expected to accelerate?
The global market is projected to expand at a CAGR of 32% from 2024 to 2034.
How much share of the global market is East Asia anticipated to hold?
East Asia is projected to contribute 23.1% share of global market revenue by 2034.
What is the projected growth rate for real-time payment solutions in South Korea?
The market in South Korea is forecasted to accelerate at 32.9% CAGR from 2024 to 2034.
What is the contribution of real-time payment solutions to global market revenue?
Real-time payment solutions are evaluated to account for 68% share of global market revenue by 2034-end.
What is a real-time payment network used for?
Real-time payments offer businesses and customers the ability to send payments conveniently directly from their accounts to respective senders and get easy access to their funds.