Digital Payment Market Size, Share, Growth, Market Overview and Highlights
                     Digital Payment Market Size, Share, Growth, Market 
Overview and Highlights 
The Digital Payment Market report gives market definition in the form of market driving 
factors and market restraints which aids in estimating the requirement of particular 
product where several aspects have to be considered. 
This industry analysis document provides a profound overview of product specification, 
technology, and product type and production analysis considering major factors such as 
Revenue, Cost, and Gross Margin. 
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Market Analysis and Insights 
Digital payment market will reach at an estimated value of USD 244.61 billion and grow 
at a CAGR of 18.85% in the forecast period of 2021 to 2028. Increasing trend of digital 
banking is an essential factor driving the digital payment market.
Digital payment is a type of transaction which takes place via digital or online modes, 
with no physical exchange of money involved. This means that both parties, the payee 
and the payer, use electronic mediums to exchange money. Digital payment is helping 
BFSI to get digitalized rapidly and digitalization of BFSI sector is allowing digital payment 
market to grow at higher rate.
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Major Key Players
Some of the major players operating in this market are : 
• PayPal Holdings, Inc.
• Novatti Group Pty Ltd
• Global Payments Inc.
• Visa, Stripe
• Google (A Subsidiary of Alphabet Inc.)
• Finastra
• SAMSUNG
• Amazon Web Services, Inc. (a subsidiary of Amazon.com, Inc.)
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Market Segmentation
• By Offering (Solutions, Services)
• By Organization Size (Large Enterprises, Small & Medium Enterprises 
(SMEs))
• By Technology (Application Programming Interface (API), Data Analytics 
and ML, Digital Ledger Technology (DLT), AI and IoT, Biometric 
Authentication)
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Regional Analysis
Based on geography, the market is segmented into five geographical 
regions
    North America
       Europe
       Asia-Pacific
       South America
       Middle East 
       Africa
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About Data Bridge Market 
Research
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