eCommerce Payments: Trends, Analysis and Market Forecasts 2023-2027

The eCommerce Payments research report provides a detailed evaluation of the market, including the rise of alternative payment types, their future prospects, and barriers to future growth with online sales. In addition, this report covers market opportunities; providing strategic insights into the development of new technologies and key drivers that are important for both retailers and payments platforms. The report also positions 19 eCommerce Payments vendors in the Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the competitive landscape in the market. The research suite also contains a detailed dataset; providing forecasts for 60 countries across a wide range of different metrics, including the number of unique purchasers, number of transactions for both digital and physical goods split by, online transactions, smartphone transactions, and tablet transactions. The suite also includes total OEM pay transaction value, annual online payment gateway revenue and total eCommerce payment revenue.

Key Statistics

• $5.3tn - Market size in 2023
• $8.0tn - Market size in 2027
• 51.4% - 2023 to 2027 market growth
• 2023-2027 - Forecast period

Key Features

Market Dynamics: A strategic analysis of the major drivers, challenges, and innovations shaping the adoption and development of eCommerce and eCommerce payment transactions, including the following:

• COVID-19 pandemic’s impact on the eCommerce market and the ongoing influence from it.
• Future strategic direction and market outlook for eCommerce payments.
• Key drivers for eCommerce payment vendors, including increase in method of payment such as digital wallets and flexible payment options, and their impact on consumer preferences and customer loyalty, as well as focus on fraudulent transactions.

Regional Analysis: A regional-level analysis of 17 countries, spanning 8 key regions; covering the state of eCommerce, preferred payment method and legislation and regulations surrounding eCommerce. Giving readers insight into the markets with the best opportunities for eCommerce payment solutions.

Benchmark Industry Forecasts: Includes forecasts for the total number of eCommerce users, number of eCommerce transactions, total OEM pay transaction value, annual online payment gateway revenue, total eCommerce payment revenue. This data is split by remote digital and physical goods and our 8 key forecast regions and 60 countries:

North America:

• Canada, US

Latin America:

• Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay

West Europe:

• Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK

Central & East Europe:

• Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine

Far East & China:

• China, Hong Kong, Japan, South Korea

Indian Subcontinent:

• Bangladesh, India, Nepal, Pakistan

Rest of Asia Pacific:

• Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam

Africa & Middle East:

• Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates

Competitor Leaderboard: Key player capability and capacity assessment for 19 eCommerce Payments vendors:

• ACI Worldwide
• Adyen
• Amazon
• Block
• Checkout.com
• Dwolla
• FIS
• Fiserv
• Moneris
• Opayo
• Payline Data
• PayPal
• Paysafe
• Shopify
• Stripe
• Trustly
• Verifone
• Visa Acceptance Solutions
• WePay

Research Deliverables

• Market Data & Forecasting Report - The numbers tell you what's happening, but our written report details why, alongside the methodologies.
• Interactive Forecast Excel - Full 5-year forecasts for every available market metric provided in Excel format, with interactive 'What If' and scenario tools.
• harvest Online Data Platform - Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.
• Market Trends & Strategies Report - A comprehensive analysis of the current market landscape, alongside strategic recommendations.
• Competitor Leaderboard Report - Provides a visual representation of the competitive positioning of the leaders within the market.