Payment Gateway Market Has Tremendous Growth Prospects Impacted By Growing E-commerce Industry, & Increasing POS Transactions

Global Payment Gateways Market Projected to Reach USD 834.5 Billion by 2024.

The global payment gateways market is propelled by the growth of the e-commerce industry coupled with the high penetration of smartphones and investments in high-speed internet such as 4G & 5G. According to Goldstein Research, global payment gateways industry is expected to reach USD 28.7 billion by 2024, growing at a compounded annual growth rate of 14.1% during the forecast period 2016-2024. Global payment gateways market segmentation has been carried out on the basis of end users and geography. The large enterprise’s segment accounts for the highest market share of 59.0% in 2016, owing to use of e-payment solutions in the rapid developing transactions scenario.

Payment gateways market is influenced by the increasing number of online transactions as well as point-of-sales (POS) transactions. The POS Terminal market is growing at a CAGR of 14.0% over the forecast period. Further, Global payment gateways market share is estimated to be dominated by North America with a market share of 40.0% in 2016, whereas Asia Pacific payment gateways market is witnessed to be fastest growing at a CAGR of 8.1% during the forecast period owing to rising integration of payment gateways with retail e-commerce in the region.

Market Segmentation

On the basis of our in-depth analysis, Global Payment Gateways Market can be segmented as follows:

  • By End User
    • Large enterprises
    • Micro and small enterprises
    • Mid-sized enterprises
  • By Region
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Download Exclusive Sample Report:

“Global Payment Gateways Industry Analysis” contains a detailed overview of the global payment gateways market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by end users and geography.

Further, for the in-depth analysis, Global payment gateways market report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as Amazon Payments, CCBill, PayPal, Authorize.Net,, First Data Corporation, and Stripe. PayDollar, MercadoPago, Authorize.Net, eWAY AU, NAB Transact, e-Path, Merchant Warrior, SecurePay,, Moip, PagSeguro, Beanstream, Moneris, Stripe, Alipay, Tenpay, 99Bill, PagosOnline, PayWay, ePay.DK, DIBS, PayPoint, Ogone, Worldline by Atos, Ogone, Worldpay, SOFORT, NETBANX, Barclaycard ePDQ, PayU, CCAvenue, Realex, GestPay, Epsilon, Paygent, iPay88, MOLPay, CashU, eWay NZ, iDEAL, Klarna, PesoPay, Przelewy24,, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global payment gateways market trends along with a market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on ICT industry analysis reports helping various tech-giants, tech start-ups, and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Media Contact
Company Name: Goldstein Research
Contact Person: Steve Blade
Email: Send Email
Phone: +1-6465687747
Address:99 Wall Street, Suite No:- 527
City: New York
State: NY
Country: United States