Digital Payment Market Size In 2024 Share Trends Opportunities The global digital payments market size is expected to reach usd 221.93 billion in 2028 and register a revenue cagr of 13.6% during the forecast period. The digital payment market size was valued at usd 111.2 billion in 2023 and is expected to grow at a cagr of 11.8% from 2023 to 2028. the revenue forecast for 2028 is projected to reach usd 193.7 billion.
Global Digital Payment Market Trends Demand Size Forecast According to a research report " digital payment market size, share and trends analysis report by offering (solutions (payment processor, payment gateway, payment wallet, pos solution), services (professional and managed), transaction type (domestic and cross border), payment mode, vertical & region global forecast to 2028" published by market. Global digital payment market industry trends & forecast report 2028. the global digital payment market was worth usd 86.5 billion in 2021 and is further projected to reach usd 194.2 billion by the year 2028, growing at a cagr of 12.1% during the forecast period (2022 2028). The digital payment market is expected to grow from us$ 89,045.67 million in 2021 to us$ 243,426.71 million by 2028; it is estimated to grow at a cagr of 15.4% from 2021 to 2028. Digital payments have become increasingly popular in retail as businesses and consumers embrace convenience and efficient transactions. the rise in online shopping has significantly influenced the adoption of digital payments in retail.
Digital Payments Market Size And Transaction Value Online Marketing The digital payment market is expected to grow from us$ 89,045.67 million in 2021 to us$ 243,426.71 million by 2028; it is estimated to grow at a cagr of 15.4% from 2021 to 2028. Digital payments have become increasingly popular in retail as businesses and consumers embrace convenience and efficient transactions. the rise in online shopping has significantly influenced the adoption of digital payments in retail. According to the data published by the world bank, at the end of 2021, over two thirds of the adults worldwide were making or receiving digital payments, and the number is expected to increase further in the coming years. The new report by expert market research titled, ‘global digital payment market share, size, report and forecast 2023 2028’, gives an in depth analysis of the global digital payment market. The digital payment market size is expected to grow from usd 111.2 billion in 2023 to usd 193.7 billion by 2028, with a cagr of 11.8% during the forecast period. an increasing online consumer base, as well as a shift in consumer payment behaviour, will drive demand for digital payments. The global digital payment market size is expected to reach usd 236.10 billion by 2028, according to a new report by grand view research, inc. it is projected to register a cagr of 19.4% from 2021 to 2028.