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Real-Time Payments Global Market Report 2022

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    Report

  • 175 Pages
  • September 2022
  • Region: Global
  • The Business Research Company
  • ID: 5649282
Major players in the real-time payments market are ACI Worldwide, FIS Corporation, Fiserv Inc, Mastercard Inc, Visa Inc, Temenos AG, Wirecard AG, Capgemini SE, Finastra Limited, Montran Corporation Ltd, Ripple, PelicanFast, IntegraPay, Worldpay Inc, and Volante Technologies Inc.

The global real-time payments market is expected to grow from $15.91 billion in 2021 to $21.41 billion in 2022 at a compound annual growth rate (CAGR) of 34.5%. The market is expected to grow to $66.76 billion in 2026 at a CAGR of 32.9%.

The real-time payments market consists of sales of real-time payments by entities (organizations, sole traders, and partnerships) that are used for different services such as bill payment, cash management, and peer-to-peer (P2P) money transfers. Real-time payments refer to a digital infrastructure or cloud-based software available around the year that is used to send money electronically and securely through the internet at any moment.

The main components of the real-time payments market are solutions and services. Services refer to non-physical, intangible parts of the economy instead of goods, which are touched or handled. The different types include person-to-person (P2P), person-to-business (P2B), business-to-person and others. The different enterprise sizes include small and medium-sized enterprises and large enterprises and involve several deployment modes, such as cloud and on-premise. The various end-users involved are retail and e-commerce, government and utilities, healthcare, travel and hospitality, BFSI, and others.

Asia Pacific was the largest region in the real-time payments market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the real-time payments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The real-time payments market research report is one of a series of new reports that provides real-time payments market statistics, including real-time payments industry global market size, regional shares, competitors with a real-time payments market share, detailed real-time payments market segments, market trends and opportunities, and any further data you may need to thrive in the real-time payments industry. This real-time payments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The increasing penetration of smartphones is expected to propel the growth of the real-time payment market going forward. A smartphone is a portable electrical device that combines a computer with high-tech features that weren't previously seen in telephones, such an operating system, web browsing, and the capacity to run software programs. The widespread usage of smartphones throughout the world facilitated real-time payment transactions, and smartphone payments became a convenient choice for users. For instance, in October 2021, according to The Economic Times, an Indian business newspaper, India has the highest monthly mobile data usage rate in the world (12 GB per person), and it adds 25 million new smartphone users every three months. Therefore, the increasing penetration of smartphones is driving the real-time payment market.

Technological advancements have emerged as a key trend gaining popularity in the real-time payments market. Major companies operating in the real-time payments sector are focused on developing new technologies to strengthen their position in the market. For instance, in April 2022, IBM, a US-based technology corporation operating in the real-time payments market, launched a new generation mainframe with artificial intelligence technology. The new IBM z16 processor can support deep learning-based fraud detection for all transactions.

In August 2019, Mastercard, a US-based financial services company acquired a real-time payments unit from Nets Group for a deal amount of $3.2billion. This acquisition enables the network infrastructure for real-time payments between bank accounts in Europe. Nets Group is a Denmark-based company that provides real-time payment services and related technology solutions.

The countries covered in the real-time payments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.




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Table of Contents

1. Executive Summary2. Real-Time Payments Market Characteristics3. Real-Time Payments Market Trends And Strategies4. Impact Of COVID-19 On Real-Time Payments
5. Real-Time Payments Market Size And Growth
5.1. Global Real-Time Payments Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Real-Time Payments Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Real-Time Payments Market Segmentation
6.1. Global Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Solutions
  • Services
6.2. Global Real-Time Payments Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Person-to-Person (P2P)
  • Person-to-Business (P2B)
  • Business-to-Person (B2P)
  • Other Types
6.3. Global Real-Time Payments Market, Segmentation By Enterprise Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Small and Medium-Sized Enterprises (SMEs)
  • Large Enterprises
6.4. Global Real-Time Payments Market, Segmentation By Deployment, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • On-Premise
  • Cloud
6.5. Global Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Retail and E-commerce
  • Government and Utilities
  • Healthcare
  • Telecom and IT
  • Travel and Hospitality
  • BFSI
  • Other End-Users
7. Real-Time Payments Market Regional And Country Analysis
7.1. Global Real-Time Payments Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Real-Time Payments Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Real-Time Payments Market
8.1. Asia-Pacific Real-Time Payments Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Real-Time Payments Market
9.1. China Real-Time Payments Market Overview
9.2. China Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Real-Time Payments Market
10.1. India Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Real-Time Payments Market
11.1. Japan Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Real-Time Payments Market
12.1. Australia Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Real-Time Payments Market
13.1. Indonesia Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Real-Time Payments Market
14.1. South Korea Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Real-Time Payments Market
15.1. Western Europe Real-Time Payments Market Overview
15.2. Western Europe Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Real-Time Payments Market
16.1. UK Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Real-Time Payments Market
17.1. Germany Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Real-Time Payments Market
18.1. France Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Real-Time Payments Market
19.1. Eastern Europe Real-Time Payments Market Overview
19.2. Eastern Europe Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Real-Time Payments Market
20.1. Russia Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Real-Time Payments Market
21.1. North America Real-Time Payments Market Overview
21.2. North America Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Real-Time Payments Market
22.1. USA Real-Time Payments Market Overview
22.2. USA Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Real-Time Payments Market
23.1. South America Real-Time Payments Market Overview
23.2. South America Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Real-Time Payments Market
24.1. Brazil Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Real-Time Payments Market
25.1. Middle East Real-Time Payments Market Overview
25.2. Middle East Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Real-Time Payments Market
26.1. Africa Real-Time Payments Market Overview
26.2. Africa Real-Time Payments Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Real-Time Payments Market, Segmentation By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Real-Time Payments Market Competitive Landscape And Company Profiles
27.1. Real-Time Payments Market Competitive Landscape
27.2. Real-Time Payments Market Company Profiles
27.2.1. ACI Worldwide
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. FIS Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Fiserv Inc
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Mastercard Inc
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Visa Inc
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Real-Time Payments Market29. Real-Time Payments Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer

Executive Summary

Real-Time Payments Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global real-time payments market.

This report focuses on real-time payments market which is experiencing strong growth. The report gives a guide to the real-time payments market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the real-time payments? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Real-Time Payments market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider real-time payments market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The real-time payments market section of the report gives context. It compares the real-time payments market with other segments of the real-time payments market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, real-time payments indicators comparison.

Scope

Markets Covered:

1) By Component: Solutions; Services
2) By Type: Person-to-Person (P2P); Person-to-Business (P2B); Business-to-Person (B2P); Others (Business-to-Government (B2G), Government-to-Business (G2B), Business-to-Business (B2B), Person-to-Government (P2G), and Government-to-Person (G2P))
3) By Enterprise Size: Small and Medium-Sized Enterprises (SMEs); Large Enterprises
4) By Deployment: On-Premise; Cloud
5) By End Users: Retail and E-commerce; Government and Utilities; Healthcare; Telecom and IT; Travel and Hospitality; BFSI; Other End-Users

Companies Mentioned: ACI Worldwide; FIS; Fiserv Inc.; Mastercard; Visa

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ACI Worldwide
  • FIS Corporation
  • Fiserv Inc.
  • Mastercard Inc.
  • Visa Inc.
  • Temenos AG
  • Wirecard AG
  • Capgemini SE
  • Finastra Limited
  • Montran Corporation Ltd.
  • Ripple
  • PelicanFast
  • IntegraPay
  • Worldpay Inc.
  • Volante Technologies Inc.

Methodology

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