Being a reliable source of market research information, Middle East and Africa Digital Payment Market reports expand the reach of business success. This market analysis provides knowledge about various segments that are relied upon to observe the fastest business development within the framework of forecast estimates. By thinking from the end user's point of view, a team of researchers, forecasters, analysts and industry experts worked meticulously to formulate this market research report. The use of proven tools such as SWOT analysis and Porter's Five Forces analysis is very useful in creating a superior Middle East and Africa Digital Payment Market report.
The worldwide Middle East and Africa Digital Payment Market business report examines the market by region, especially North America, China, Europe, Southeast Asia, Japan, and India, focusing on the leading manufacturers in the global market, with respect to production, price, revenue and market share for every manufacturer. This is useful for knowing the general conditions prevailing in the market, the market and competitors' pricing strategies. Some of the prominent features used while creating this market research report include the highest level of passion, practical solutions, committed research and analysis, modernism, integrated approach, and latest technology. To get detailed Middle East and Africa Digital Payment Market reports, request an analyst call or submit an inquiry any time.
Data Bridge Market Research analyses that the digital payment market is expected to reach USD 72,381.27 million by 2030, which is USD 19,652.35 million in 2022, at a CAGR of 17.70% during the forecast period
Explore Further Details about This Research Middle East and Africa Digital Payment Market Report https://www.databridgemarketresearch.com/reports/middle-east-and-africa-digital-payment-market
Middle East and Africa Digital Payment Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Offering (Solutions, Services), Deployment Model (On Premises, Cloud), Organization Size (Large Enterprises, Small and Medium Enterprises (SMEs)), Mode of Payment (Payment Cards, Point of Sale, Unified Payments Interface (UPI) Service, Mobile Payment, Online Payment), Mode of Usage (Mobile Application, Desktop/Web Browser), Technology (Application Programming Interface (API), Data Analytics and Machine Learning, Digital Ledger Technology (DLT), Artificial Intelligence and Internet of Things, Biometric Authentication), Use Case (Person (P/C), Merchant/ Business, Government), End User (Commercial, Consumer) |
Countries Covered | Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered | ACI Worldwide (U.S.), PayPal, Inc. (U.S.), Novatti Group Limited (Australia), Global Payments Inc. (U.S.), Visa (U.S.), Stripe, Inc. (Ireland), Google, LLC (U.S.), Finastra (U.K.), SAMSUNG (South Korea), Amazon Web Services, Inc. (U.S.), Financial Software Systems Pvt. Ltd. (U.S.), Aurus Inc. (U.S.), Adyen (Netherlands), Apple Inc. (U.S.), Fiserv, Inc. (U.S.), WEX Inc. (U.S.), wirecard (U.S.), Mastercard (U.S.) among many others |
Market Opportunities |
|
Market Definition
Digital payments are payments done via online or digital modes, with no exchange of cash being involved. Digital payment sometimes also called electronic payment is the transfer of money from one account to another payment account by using digital devices such as a computer, mobile phone. In digital payments, payee and payer both use digital modes to receive and send money. It is also called electronic payment (e-payment).
Middle East and Africa Digital Payment Market
Drivers
- Surging integration of advanced features in payment system
Various efforts taken by the digital payment companies to integrate artificial intelligence features in their payment system which are anticipated to drive the market growth. For instance, Mastercard which is a financial service provider and AI-powered payments company has announced the integration of Mastercard Cross-Border Services into Previse’s Instant Pay platform in October 2021. This collaboration will help them to pay their suppliers immediately.
- Increasing efforts by e-commerce companies to deploy their point-of-sale systems
E-commerce industries are making several efforts to use their point-of-sale systems to develop their offerings in the field of digital payment. For instance, retail giants, such as Amazon and Shopify, are developing point-of-sale systems which will capable of handling both in-store and online transactions. These developments are encouraging banks to increase their digital payment services to maintain their position in the market. Therefore, growing efforts by e-commerce companies to deploy their point-of-sale systems is likely to propel the market growth.
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Middle East and Africa Digital Payment Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Browse Related Reports:
Europe e-Clinical Solutions Market by Size, Share, Forecast, Trends
North America Terminal Management System (TMS) Market Size Report- Industry Growth Analysis
Gumboots Market Size, Industry Share Forecast
saffron extact market Size, Share, Growth | Opportunities,
Baler Market Size, Share Analysis Report
Vegetable Juices Market Size, Share, Growth Analysis
Aesthetic and Cosmetic Surgery Devices Market Size, Share, Growth
About Data Bridge Market Research:
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com
