Global Digital Payment Forecasts 2019-2022 code:1436

Global Digital Payment Forecasts 2019-2022
OVERVIEW
TABLE OF CONTENTS
COMPANIES MENTIONED
Countries Covered: Argentina, Brazil, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Philippines, Russia, Singapore, South Korea, Sweden, UAE, UK, USA
Pages: 99
Publication Date: 29/05/2019
Download Free Sample
Questions Covered in the report:
  • How large is the global digital payments market predicted to be in 2022?
  • Which payment methods will lead the E-Commerce payments landscape in different regions through 2022?
  • How many consumers will make mobile payments in-store in the world's top markets in 2019?
  • What growth rate is projected for mobile payments over the next several years?
  • How are digital payments expected to contribute to the rise of cashless societies?

Key findings:

Digital payments projected to reach new heights in 2022

Asia-Pacific leads the world in digital payment forecasts through 2022

The global digital payments market is expected to see a double-digit growth rate between 2019 and 2022. While the lion’s share of digital payments in 2019 is attributed to remote digital commerce, proximity mobile payments are projected to grow even faster and account for around one-quarter of all digital payments by 2022. Asia-Pacific is predicted to remain the world’s leading region by digital payments value over the forecast period, followed by North America and Europe. The emerging markets of Latin America and the Middle East and Africa are also expected to see rapid growth, but remain behind the three leading regions.

Digital wallets to record higher shares of E-Commerce payments

Digital wallets are forecasted to remain the leading payment method by share of global E-Commerce payments through 2022. Credit cards are expected to rank second and lose several percentage points in their share. As digital commerce payments grow, so do online payment fraud losses, projected to nearly double over the four years. In this regard, biometric authentication using mobile devices is expected to gain importance with a rapid growth in number of remote purchases authenticated via mobile biometrics.

In-store mobile payments projected to expand

Digital payments are also coming to brick-and-mortar stores with the rising adoption of mobile wallets. China is setting the pace for this trend, as more than half a billion consumers in this country are expected to make in-person payments via mobile this year. In Europe, mobile payments are forecasted to increase by more than +50% between 2019 and 2022, and in North America more than three in ten smartphone owners could be making in-store payments via mobile by the end of this period.

Read More Download Free Sample

1. Management Summary

2. Global Developments

  • Digital Payment Transaction Value, by Digital Commerce, Mobile POS Payments and Total, in USD billion, 2019f & 2023f, and CAGR, in %, 2019f-2023f
  • Breakdown of E-Commerce Transaction Value by Payment Methods, in %, 2018e-2022f
  • Breakdown of Card Payment Transactions by E-Commerce and POS Payments, in %, 2017 & 2023f
  • Online Payment Fraud Losses, in USD billion, 2018e & 2023f
  • Number of Remote Mobile Biometric Transactions, in billions, and Their Share of Total In-Store and Remote Transactions Authenticated via Mobile Biometrics, in %, 2018 & 2023f
  • Proximity Mobile Payment User Penetration, by Region, in % of Smartphone Users, 2017-2022f
  • Number of Mobile Wallet Users, in billions, 2017 & 2019f
  • Number of Mobile Wallet Users, by China, Rest of Asia and Rest of the World, in millions, 2019f
  • Breakdown of Mobile Wallet Spending by China and the Rest of the World, in % and in USD, 2019f
  • Number of Contactless Payment Users of Apple Pay, Samsung Pay, Google Pay and Other OEM Pay, in millions, 2018e & 2020f
  • Retail Spending at Frictionless Payment Stores, in USD million, 2018e & 2023f
  • Retail Payments Value, in USD trillion, 2018, 2020f & 2023f
  • Share of In-Store Payments Made by Cash, in %, 2018 & 2023f
  • Number of Non-Cash Payment Transactions, in billions, and CAGR, in %, by Region, 2016 – 2021f
  • IoT Payments, in USD billion, 2018e & 2023f
  • IoT Payments, in USD billion, by Connected Car and Connected Home Device Payments, 2021f
  • Payments Revenue, in USD trillion, by Region, 2017 & 2022f
  • Breakdown of Payments Revenue Growth by Region, in %, 2017-2022f
  • Breakdown of Payments Revenue Growth by Revenue Type, in %, 2017-2022f
  • Transaction-Based Revenue Share of Total Global Payments Revenue, in %, 2017 & 2022f

3. Asia-Pacific

3.1. Regional

  • Digital Payment Transaction Value, by Digital Commerce, Mobile POS Payments and Total, in USD billion, 2019f & 2023f, and CAGR, in %, 2019f-2023f
  • Breakdown of E-Commerce Transaction Value by Payment Methods, in %, 2018e-2022f
  • Proximity Mobile Payment User Penetration, by Selected Countries and Total, in % of Smartphone Users, 2017-2022f
  • Cashless Transactions Share of Total Payment Transactions, in %, by Selected Countries, 2022f

3.2. China

  • Third-Party Payment Transaction Value, in CNY trillion, 2016 – 2022f
  • Third-Party Mobile Payment Transaction Value, in CNY trillion, 2015 – 2020f
  • Mobile Payment Transaction Value, in USD trillion, 2017 & 2023f
  • Number of Mobile Payment Users, in millions, 2017 & 2023f
  • Proximity Mobile Payment Users, in millions, and Penetration, in % of Smartphone Users, 2017 – 2022f

3.3. Japan

  • Online Payment Services Market Revenues, in JPY billion, and Year-on-Year Change, in %, FY 2015 – FY 2022f
  • Proximity Mobile Payment Transaction Value, in JPY trillion, and Year-on-Year Change, in %, FY 2017 – 2023f
  • Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2018e & 2022f
  • Mobile Payment Users, by E-Money and QR-based Smartphone Payments, in millions, FY 2016 – FY 2021f

3.4. South Korea

  • Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2017-2022f

3.5. India

  • Proximity Mobile Payment Users, in millions, and Penetration, in % of Smartphone Users, 2017 – 2022f
  • Digital Payments, in USD billion, FY 2018e & FY 2023
  • Mobile Payments, in USD billion, FY 2018e & FY 2023f
  • Mobile Wallets Transaction Value, in INR trillion, and Year-on-Year Growth Rate, in %, 2016 – 2021f

3.6. Indonesia

  • Mobile Payment Transaction Value, in IDR trillion, 2016 – 2020f

3.7. Singapore

  • Mobile Payment Transaction Value, in USD billion, 2016 & 2021f

3.8. Philippines

  • Digital Wallet Transaction Value, in USD million, 2018e & 2021f

4. Europe

4.1. Regional

  • Digital Payment Transaction Value, by Digital Commerce, Mobile POS Payments and Total, in USD billion, 2019f & 2023f, and CAGR, in %, 2019f-2023f
  • Breakdown of E-Commerce Transaction Value by Payment Methods, in %, 2018e-2022f
  • Breakdown of E-Commerce Spending in the EU by Payment Methods Considering PSD2 and Instant Payment Introduction, in %, 2012, 2017e, 2020f, 2022f, 2027f
  • Mobile Payment Transaction Value in the EU-7, in EUR billion, and Year-on-Year Change, in %, 2016-2022f
  • Breakdown of Mobile Payment Transaction Value in the EU-7 by Payment Types, in %, 2022f

4.2. UK

  • Number of Payment Transactions, in millions, by Payment Instrument, 2017 & 2027f
  • Number of Proximity Mobile Payment Users, in millions, 2017-2019f

4.3. Germany

  • Proximity Mobile Payment Users Number, in millions, and Penetration, in % of Population, 2017 – 2022f
  • Breakdown of Importance of Payment Topics in Merchants’ Payment Strategy Until 2020, in % of E-Commerce Merchants, 2018

4.4. France

  • Proximity Mobile Payment Users, in millions, and Penetration, in % of Smartphone Users, 2018e – 2021f

4.5. Italy

  • Payment Transaction Value of New Digital Payment Methods, in EUR billion, 2017, 2018 & 2021f
  • Contactless Card Payments and Mobile Proximity Payments at POS, in EUR billion, 2018 & 2021f

4.6. Sweden

  • Breakdown of Payment Transactions Value by Cash and Non-Cash Payments, in %, 2020f
  • Breakdown of Merchants’ Expectations of The Time When They Will Stop Accepting Cash, in %, April 2017

4.7. Russia

  • Online Payment Transaction Value, in RUB billion, 2015-2019f

5. North America

5.1. Regional

  • Digital Payment Transaction Value, by Digital Commerce, Mobile POS Payments and Total, in USD billion, 2019f & 2023f, and CAGR, in %, 2019f-2023f
  • Breakdown of E-Commerce Transaction Value by Payment Methods, in %, 2018e-2022f
  • Proximity Mobile Payment User Penetration, in % of Smartphone Users, in %, 2017 – 2022f

5.2. USA

  • Digital Commerce Payments and Proximity Mobile Payments, in USD billion, 2022f, and CAGR, in %, 2018-2022f
  • Number of Proximity Mobile Payment Users, in millions, and Penetration, in % of Smartphone Users, 2018- 2022f
  • Number of Proximity Mobile Payment Users, by Selected Platforms, in millions, 2017 – 2022f
  • Mobile Payment User Penetration, by Selected Platforms, in % of Proximity Payment Users, 2017 – 2022f
  • P2P Mobile Payment Transaction Value, in USD billion, and Year-on-Year Change, in %, 2017 – 2022f
  • Mobile P2P Payment Users, by Selected Platforms, in millions, 2017 – 2022f
  • Contactless Card Penetration, in % of Active Cards, 2018-2022f
  • Voice Payment Users, in millions, and Penetration, in % of Adults, 2017e-2022f

6. Latin America

6.1. Regional

  • Digital Payment Transaction Value, by Digital Commerce, Mobile POS Payments and Total, in USD billion, 2019f & 2023f, and CAGR, in %, 2019f-2023f
  • Breakdown of E-Commerce Transaction Value by Payment Methods, in %, 2018e-2022f

6.2. Brazil

  • Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2017-2022f

6.3. Mexico

  • Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2017-2022f

6.4. Argentina

  • Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2017-2022f

7. Middle East & Africa

7.1. Regional

  • Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2017-2022f
  • Digital Payment Transaction Value, by Digital Commerce, Mobile POS Payments and Total, in USD billion, 2019f & 2023f, and CAGR, in %, 2019f-2023f
  • Digital Payment Transaction Value, by Digital Commerce, Mobile POS Payments and Total, in USD billion, 2019f & 2023f, and CAGR, in %, 2019f-2023f

7.2. UAE

  • Mobile Wallet Market Size, in USD million, 2016 & 2022f

 

Read More
  • Alphabet Inc.
  • Ant Financial Services Group
  • Apple Inc
  • MasterCard Inc.
  • Paypal Inc
  • Square Inc
  • Starbucks Corp
  • Tencent Holdings Ltd
  • Venmo Inc.
  • Visa Inc.
  • Zelle LLP
  • samsung electronics ltd
Read More

RELATED REPORTS

Global Mobile Wallets 2019

online payment in asia 2018

Publication Date: 01/04/2019

Regions Covered: Asia-Pacific - Global - Europe - Africa - North America - Latin America - Middle East

Countries Covered: Argentina, Australia, Brazil, Canada, China, Denmark, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Malaysia, Mexico, Norway, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Thailand, Turkey, UAE, UK, USA

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Asia-Pacific Top 10 Mobile Wallet Profiles 2019

Publication Date: 26/03/2019

Regions Covered: Asia-Pacific - Global

Countries Covered: Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Global Mobile Payment Methods 2019

Publication Date: 08/03/2019

Regions Covered: Asia-Pacific - Global - Europe - Africa - North America - Latin America - Middle East

Countries Covered: Argentina, Australia, Belgium, Brazil, Canada, China, Egypt, France, Germany, India, Indonesia, Italy, Japan, Kenya, Mexico, Nigeria, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, UAE, UK, USA

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Global Alternative Online Payment Methods 2019

online payment in asia

Publication Date: 05/03/2019

Regions Covered: Asia-Pacific - Global - Europe - Africa - North America - Latin America - Middle East

Countries Covered: Argentina, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Dominican Republic, Egypt, France, Germany, Greece, India, Indonesia, Israel, Italy, Japan, Lebanon, Mexico, Netherlands, Nigeria, Peru, Poland, Portugal, Russia, Saudi Arabia, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, UAE, UK, USA, Vietnam

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Global Online Payment Methods 2019

online payment methods in north america 2017

Publication Date: 01/03/2019

Regions Covered: Asia-Pacific - Global - Europe - Africa - North America - Latin America - Middle East

Countries Covered: Argentina, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Dominican Republic, Egypt, France, Germany, Greece, India, Indonesia, Israel, Italy, Japan, Kenya, Lebanon, Mexico, Netherlands, Nigeria, Peru, Poland, Portugal, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, UAE, UK, USA, Vietnam

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Forgot your Password?

We will send you and e-mail with a link to
recover your password

POST NEW COMMENT

SHARE THIS POST