North America digital payments market is projected to grow by 15.4% annually in the forecast period and reach $2,625.2 billion by 2032, driven by government initiatives for the promotion of digital payments, progressive changes in regulatory frameworks, better customer experience, high proliferation of smartphones enabling M-commerce growth, increase in E-commerce sales, and the growing internet penetration.
Highlighted with 25 tables and 56 figures, this 113-page report “North America Digital Payments Market 2022-2032 by Component (Solutions, Services), Mode of Payment (POS, Banking Cards, Digital Wallet, Net Banking, Crypto Payments, Others), Deployment Type (On-Premises, Cloud-based), Industry Vertical, Organization Size, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America digital payments market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America digital payments market in every aspect of the classification from perspectives of Component, Mode of Payment, Deployment Type, Industry Vertical, Organization Size, and Country.
Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Solutions
o Payment Gateway Solutions
o Payment Processing Solutions
o Payment Security and Fraud Management Solutions
o Transaction Risk Management
o Application Program Interface
o Other Solutions
- Services
o Professional Services
o Managed Services
Based on Mode of Payment, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Point of Sale (POS)
- Banking Cards
- Digital Wallet
- Net Banking
- Crypto Payments
- Other Modes of Payment
By Deployment Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- On-Premises Deployment
- Cloud-based Deployment
By Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- BFSI
- Retail and E-commerce
- Healthcare
- Travel and Hospitality
- Media and Entertainment
- IT & Telecommunication
- Transportation and Logistics
- Other Industry Verticals
By Organization Size, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Small and Medium-Sized Enterprises
- Large Enterprises
Geographically, the following national/local markets are fully investigated:
- U.S.
- Canada
- Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Mode of Payment, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
- ACI Worldwide Inc.
- Adyen N.V.
- Aliant Payment Systems Inc.
- Alipay.com Co., Ltd.
- Alphabet Inc.
- Amazon Payments Inc. (Amazon.com Inc.)
- Apple Inc.
- Fiserv Inc.
- Global Payments Inc.
- MasterCard Incorporated (MasterCard)
- Mobiamo Inc.
- PayPal Holdings Inc.
- Paytm (One97 Communications limited)
- Square Inc.
- Stripe Inc.
- Visa Inc.
- Wordplay Inc. (Fidelity National Information Services)
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)