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E-commerce Payment - Global Market Trajectory & Analytics

  • ID: 4845725
  • Report
  • May 2020
  • Region: Global
  • 193 pages
  • Global Industry Analysts, Inc
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Amid the COVID-19 crisis and the looming economic recession, the E-commerce Payment market worldwide will grow by a projected US$32.8 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 11.8%. Credit Cards, one of the segments analyzed and sized in this study, is forecast to grow at over 10.1% and reach a market size of US$19.5 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Credit Cards market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 10.3% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$1.2 Billion to the region's size over the next 7 to 8 years. In addition, over US$1.1 Billion worth of projected demand in the region will come from Rest of the European markets. In Japan, the Credit Cards segment will reach a market size of US$752.2 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the E-commerce Payment market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 15.9% over the next couple of years and add approximately US$6.4 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing E-commerce Payment market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:

Alibaba Group Holding Ltd, MasterCard, Inc, PayPal, Inc, Visa, Inc.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
E-commerce Payment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
E-commerce Payment: A Prelude
Review of Major E-commerce Payment Platforms

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Robust Outlook for e-Commerce Provides the Foundation for Growth in the Market
Robust Growth of E-Commerce Supported by the On-Demand Economy to Amplify the Importance of Electronic Payment Options: Global e-Commerce Sales (In US$ Billion) for the Years 2017, 2019 & 2022
As the World Moves to a Cashless Society, e-Commerce Payments Stands at the Verge of Irrevocable Change
As Global Non-Cash Transactions Spirals, Ecommerce Payments Market is Poised for Heady Opportunities Ahead: Global Number of Cashless Transactions (In Billion) by Geographic Region for the Years 2015, 2017, 2019, 2021
Rapid Penetration of Internet & Growing Ownership of Smartphones Drive the Preference for Online Payments
Growing Base of Internet Users Worldwide as Evidenced by Growing Penetration Rates Provides the Platform for the Rise of Online Shopping & Electronic Payments: Global Internet User Penetration for the Years 2017, 2019, 2022 and 2024
Expanding Base of Smartphone Users to Over 38% of the Global Population Bodes Well for Online Shopping & Adoption of Mobile Payments Apps: Global Number of Smartphone Users for the Years 2016 through 2020
Financial Inclusion & Reduction in the Number of Unbanked People Bodes Well for the Adoption of Online Payment Options
Growing Global Efforts for Financial Inclusion to Catapult the Popularity and Importance of Digital Payment Platforms: Global Account Ownership by Gender (In %) Breakdown by High Income & Low and Middle Income Economies for the Years 2013, 2015 and 2019
Development of Safe & Secure Payment Gateways Catalyzes the Confidence in Online Payments
Blockchain Payments Emerges as a Technology that Knows No Boundaries, Redefining eCommerce & Driving Cross-Border eCommerce
Spectacular Growth of Blockchain Technology & Its Promising Use in the Field of Digital Currency & Payments to Revolutionize eCommerce: Global Market for Blockchain (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
Rise of Cryptocurrencies as a Payment Platform for Online Transactions, A Key Trend in the Market
Growing Awareness of Cryptocurrencies Among Global Internet Users & Rising Ownership Rates Bodes Well for their Rise as Effective Platforms for eCommerce Payments: Ownership of Cryptocurrency (As % of Total Population) by Country for the Year 2019
Mobile Biometrics Emerges to Add an Additional Layer of Payment Safety with Multiplier Impact on Adoption Rates
Astounding Penetration of Biometrics for Mobile Devices to Push Up the Volume of Online Financial Transactions: Global % Share of Mobile Devices That Utilize Biometrics for Online Transactions for the Years 2017, 2019, 2021 and 2023
Global % Share of Type of Devices Sold With Biometrics Technology for the Years 2017, 2019 & 2021
Innovations in FinTech & Rise of Mobile Commerce Drive the Popularity of Digital Wallets & Mobile Payment Apps
As the Future of eCommerce Becomes Mobile, Mobile Wallet Emerges an Important eCommerce Payment Platform: Adoption of Mobile Wallet (In %) by Region/Country for the Year 2019
Robust Mobile Commerce Market to Benefit the Growth of Mobile Wallets: Global Mobile Commerce Market (In US$ Billion) for the Years 2016 to 2020
Well Developed & Continuously Evolving Ecosystem of Mobile Payment Apps, a Key Growth Driver
Growing Number of App Users Mirror the Well Developed Mobile Payment App Ecosystem their Growing Reach & Visibility Among Consumers: Global Number of Users (In Million) Breakdown by Leading Mobile Payment Platform for the Year 2018
Supported by Myriad Benefits, Electronic Funds Transfer Grows in Prominence

4. GLOBAL MARKET PERSPECTIVE
TABLE 1: E-commerce Payment Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: E-commerce Payment Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: E-commerce Payment Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Credit Cards (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 5: Credit Cards (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
TABLE 6: Credit Cards (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Debit Card (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
TABLE 8: Debit Card (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
TABLE 9: Debit Card (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
TABLE 10: Digital Payment/E-Wallet (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 11: Digital Payment/E-Wallet (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
TABLE 12: Digital Payment/E-Wallet (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Net Banking (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
TABLE 14: Net Banking (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
TABLE 15: Net Banking (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
TABLE 16: Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 17: Other End-Uses (End-Use) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
TABLE 18: Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US E-commerce Payment Market Share (in %) by Company: 2019 & 2025
Market Analytics
TABLE 19: United States E-commerce Payment Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 20: E-commerce Payment Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019
TABLE 21: E-commerce Payment Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
CANADA
TABLE 22: Canadian E-commerce Payment Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 23: E-commerce Payment Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 24: Canadian E-commerce Payment Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
JAPAN
TABLE 25: Japanese Demand Estimates and Forecasts for E-commerce Payment in US$ Million by End-Use: 2020 to 2027
TABLE 26: Japanese E-commerce Payment Market in US$ Million by End-Use: 2012-2019
TABLE 27: E-commerce Payment Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
CHINA
TABLE 28: Chinese Demand for E-commerce Payment in US$ Million by End-Use: 2020 to 2027
TABLE 29: E-commerce Payment Market Review in China in US$ Million by End-Use: 2012-2019
TABLE 30: Chinese E-commerce Payment Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European E-commerce Payment Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics
TABLE 31: European E-commerce Payment Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 32: E-commerce Payment Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 33: European E-commerce Payment Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 34: European E-commerce Payment Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 35: E-commerce Payment Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 36: European E-commerce Payment Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
FRANCE
TABLE 37: E-commerce Payment Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
TABLE 38: French E-commerce Payment Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 39: French E-commerce Payment Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
GERMANY
TABLE 40: E-commerce Payment Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 41: German E-commerce Payment Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 42: E-commerce Payment Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
ITALY
TABLE 43: Italian Demand for E-commerce Payment in US$ Million by End-Use: 2020 to 2027
TABLE 44: E-commerce Payment Market Review in Italy in US$ Million by End-Use: 2012-2019
TABLE 45: Italian E-commerce Payment Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
TABLE 46: United Kingdom Demand Estimates and Forecasts for E-commerce Payment in US$ Million by End-Use: 2020 to 2027
TABLE 47: United Kingdom E-commerce Payment Market in US$ Million by End-Use: 2012-2019
TABLE 48: E-commerce Payment Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
SPAIN
TABLE 49: Spanish E-commerce Payment Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 50: E-commerce Payment Market in Spain: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 51: Spanish E-commerce Payment Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
RUSSIA
TABLE 52: Russian E-commerce Payment Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 53: E-commerce Payment Historic Demand Patterns in Russia by End-Use in US$ Million for 2012-2019
TABLE 54: E-commerce Payment Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
TABLE 55: Rest of Europe E-commerce Payment Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 56: E-commerce Payment Market in Rest of Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 57: Rest of Europe E-commerce Payment Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
TABLE 58: Asia-Pacific E-commerce Payment Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 59: E-commerce Payment Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 60: Asia-Pacific E-commerce Payment Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 61: E-commerce Payment Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
TABLE 62: Asia-Pacific E-commerce Payment Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 63: Asia-Pacific E-commerce Payment Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
AUSTRALIA
TABLE 64: E-commerce Payment Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 65: Australian E-commerce Payment Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 66: E-commerce Payment Market Share Distribution in Australia by End-Use: 2012 VS 2020 VS 2027
INDIA
TABLE 67: Indian E-commerce Payment Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 68: E-commerce Payment Market in India: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 69: Indian E-commerce Payment Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SOUTH KOREA
TABLE 70: E-commerce Payment Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
TABLE 71: South Korean E-commerce Payment Historic Market Analysis in US$ Million by End-Use: 2012-2019
TABLE 72: E-commerce Payment Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
TABLE 73: Rest of Asia-Pacific Demand Estimates and Forecasts for E-commerce Payment in US$ Million by End-Use: 2020 to 2027
TABLE 74: Rest of Asia-Pacific E-commerce Payment Market in US$ Million by End-Use: 2012-2019
TABLE 75: E-commerce Payment Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027
LATIN AMERICA
TABLE 76: Latin American E-commerce Payment Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 77: E-commerce Payment Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 78: Latin American E-commerce Payment Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 79: Latin American Demand for E-commerce Payment in US$ Million by End-Use: 2020 to 2027
TABLE 80: E-commerce Payment Market Review in Latin America in US$ Million by End-Use: 2012-2019
TABLE 81: Latin American E-commerce Payment Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
ARGENTINA
TABLE 82: Argentinean E-commerce Payment Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 83: E-commerce Payment Market in Argentina: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 84: Argentinean E-commerce Payment Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
BRAZIL
TABLE 85: E-commerce Payment Quantitative Demand Analysis in Brazil in US$ Million by End-Use: 2020-2027
TABLE 86: Brazilian E-commerce Payment Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 87: Brazilian E-commerce Payment Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
MEXICO
TABLE 88: E-commerce Payment Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 89: Mexican E-commerce Payment Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 90: E-commerce Payment Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
TABLE 91: Rest of Latin America E-commerce Payment Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 92: E-commerce Payment Historic Demand Patterns in Rest of Latin America by End-Use in US$ Million for 2012-2019
TABLE 93: E-commerce Payment Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027
MIDDLE EAST
TABLE 94: The Middle East E-commerce Payment Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 95: E-commerce Payment Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 96: The Middle East E-commerce Payment Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 97: The Middle East E-commerce Payment Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 98: E-commerce Payment Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 99: The Middle East E-commerce Payment Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
IRAN
TABLE 100: Iranian Demand Estimates and Forecasts for E-commerce Payment in US$ Million by End-Use: 2020 to 2027
TABLE 101: Iranian E-commerce Payment Market in US$ Million by End-Use: 2012-2019
TABLE 102: E-commerce Payment Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027
ISRAEL
TABLE 103: Israeli E-commerce Payment Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 104: E-commerce Payment Market in Israel: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 105: Israeli E-commerce Payment Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SAUDI ARABIA
TABLE 106: Saudi Arabian Demand for E-commerce Payment in US$ Million by End-Use: 2020 to 2027
TABLE 107: E-commerce Payment Market Review in Saudi Arabia in US$ Million by End-Use: 2012-2019
TABLE 108: Saudi Arabian E-commerce Payment Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED ARAB EMIRATES
TABLE 109: E-commerce Payment Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
TABLE 110: United Arab Emirates E-commerce Payment Historic Market Analysis in US$ Million by End-Use: 2012-2019
TABLE 111: E-commerce Payment Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
TABLE 112: E-commerce Payment Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 113: Rest of Middle East E-commerce Payment Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 114: E-commerce Payment Market Share Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS 2027
AFRICA
TABLE 115: African E-commerce Payment Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 116: E-commerce Payment Historic Demand Patterns in Africa by End-Use in US$ Million for 2012-2019
TABLE 117: E-commerce Payment Market Share Breakdown in Africa by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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