1h Free Analyst Time
The unified payments interface (upi) market in india is forecasted to grow by USD 87.54 billion during 2025-2030, accelerating at a CAGR of 46.0% during the forecast period. The report on the unified payments interface (upi) market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by governmental push for digitization, continuous technological evolution and international expansion, pervasive merchant acceptance and deepening commercial integration.
The study identifies the convergence of payments and credit as one of the prime reasons driving the unified payments interface (upi) market in india growth during the next few years. Also, internationalization and cross-border interoperability and deepening integration into specialized verticals and enterprise solutions will lead to sizable demand in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The unified payments interface (upi) market in india is segmented as below:
By Application
- Money transfers
- Bill payments
- Point of sale
- Others
By Type
- P2P
- P2M
By Technology
- UPI version 1
- UPI version 2
- UPI lite
- UPI for feature phones
- Cross-border UPI
By Region
- APAC
The report covers the following areas:
- Unified payments interface (upi) market in india sizing
- Unified payments interface (upi) market in india forecast
- Unified payments interface (upi) market in india industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Market Segmentation by Technology
11 Customer Landscape
12 Drivers, Challenges, and Opportunity
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global unified payments interface (upi) market in india: Amazon.com Inc., Amica Financial Technologies, Axis Bank Ltd., Dreamplug Technologies, Google LLC, HDFC Bank Ltd., ICICI Bank Ltd., Infibeam Avenues Ltd., Meta Platforms Inc., One MobiKwik System Pvt. Ltd., One97 Communications Ltd., Pay U, PhonePe Pvt. Ltd., Razorpay Software Pvt. Ltd., State Bank of India, Yes Bank Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is convergence of payments and credit."
According to the report, one of the major drivers for this market is the governmental push for digitization.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amazon.com Inc.
- Amica Financial Technologies
- Axis Bank Ltd.
- Dreamplug Technologies
- Google LLC
- HDFC Bank Ltd.
- ICICI Bank Ltd.
- Infibeam Avenues Ltd.
- Meta Platforms Inc.
- One MobiKwik System Pvt. Ltd.
- One97 Communications Ltd.
- Pay U
- PhonePe Pvt. Ltd.
- Razorpay Software Pvt. Ltd.
- State Bank of India
- Yes Bank Ltd.
