NEW YORK, July 13, 2023 /PRNewswire/ — The payment gateway market size is estimated to grow by USD 8,551.26 million from 2022 to 2027. The market is estimated to accelerate at a CAGR of 11.72%, according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors, including Adyen NV, Amazon.com Inc., B2Broker Ltd., BitPay Inc., Block Inc., CCBill LLC Fidelity National Information Services Inc., Global Payments Inc., Infibeam Avenues Ltd., Ingenico Group SA, JPMorgan Chase and Co., Mastercard Inc, MIH PayU BV,  Payoneer Global Inc, Razorpay Software Pvt Ltd., Visa Inc., One97 Communications Ltd., PayPal Holdings Inc., Stripe Inc., VeriFone Inc., among others. Download a Sample Report Now!

Payment Gateways Market Insights –

• Vendors: 15+, Including Adyen NV,Amazon.com Inc., B2Broker Ltd., BitPay Inc., Block Inc., CCBill LLC  Fidelity National Information Services Inc., Global Payments Inc., Infibeam Avenues Ltd., Ingenico Group SA, JPMorgan Chase and Co., Mastercard Inc, MIH PayU BV,  Payoneer Global Inc, Razorpay Software Pvt Ltd., Visa Inc., One97 Communications Ltd., PayPal Holdings Inc., Stripe Inc., VeriFone Inc., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: End-user (Large enterprises, Micro and small enterprises, and Mid-sized enterprises), Type (Hosted and Non-hosted), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

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Major Drivers – 

The increasing adoption of contactless payment solutions drives the payment gateway market growth. The process of payment has become simplified over the years due to the launch of several mobile payment gateways, such as Apple Pay, Samsung Pay, and Android Pay. As a result, the need to carry credit cards and debit cards is declining. Additionally, retail outlets are implementing POS terminals for easy transactions. Furthermore, due to the increasing implementation of POS terminals across retail outlets, several prominent players in the market is offering NFC-based mobile payment option. One of the main advantages of this mobile option is that it offers security features to customers such that both consumers and retailers are not able to access the card information. Hence, such innovations are expected to drive market growth during the forecast period.

Significant Trends – The advancement of NFC-based payment is a primary trend in the market. 

Key Challenges – Security concern regarding customer data is a major challenge hindering market growth. 

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The payment gateways market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Payment Gateways Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the payment gateways market between 2023 and 2027
• Precise estimation of the  payment gateways market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the  payment gateways market  across APAC, North America, Europe, South America, and the Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Payment Gateways Market vendors

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Related Reports: 

The payment processing solutions market size is estimated to grow at a CAGR of 12.18% between 2022 and 2027. The market size is forecast to increase by USD 63.48 billion. This payment processing solutions market report extensively covers market segmentation by deployment (cloud-based and on-premises), method (credit card, debit card, e-wallet, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The high adoption of contactless payment solutions is driving growth. 

The mobile payments market size is estimated to grow by USD 75,412.89 million between 2022 and 2027 accelerating at a CAGR of 20.49%. This mobile payments market report extensively covers market segmentation by location (remote payment and proximity payment), type (money transfers, merchandise purchases, bill payments, and others), and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The rising number of online transactions is a major mobile payments market driver. 

Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global payment gateways market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on global payment gateways market 2017 – 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Large enterprises – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Large enterprises – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Large enterprises – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Large enterprises – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Large enterprises – Year-over-year growth 2022-2027 (%)

• 6.4 Micro and small enterprises – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Micro and small enterprises – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Micro and small enterprises – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Micro and small enterprises – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Micro and small enterprises – Year-over-year growth 2022-2027 (%)

• 6.5 Mid-sized enterprises – Market size and forecast 2022-2027 
• Exhibit 42: Chart on Mid-sized enterprises – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Mid-sized enterprises – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Mid-sized enterprises – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Mid-sized enterprises – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by End-user 
• Exhibit 46: Market opportunity by End-user ($ million)
• Exhibit 47: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 48: Chart on Type – Market share 2022-2027 (%)
• Exhibit 49: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 50: Chart on Comparison by Type
• Exhibit 51: Data Table on Comparison by Type

• 7.3 Hosted – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Hosted – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Hosted – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Hosted – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Hosted – Year-over-year growth 2022-2027 (%)

• 7.4 Non-hosted – Market size and forecast 2022-2027 
• Exhibit 56: Chart on Non-hosted – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Non-hosted – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Non-hosted – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Non-hosted – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 60: Market opportunity by Type ($ million)
• Exhibit 61: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027 
• Exhibit 67: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 China – Market size and forecast 2022-2027 
• Exhibit 87: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.9 US – Market size and forecast 2022-2027 
• Exhibit 91: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.10 Japan – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.11 UK – Market size and forecast 2022-2027 
• Exhibit 99: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.12 Germany – Market size and forecast 2022-2027 
• Exhibit 103: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Adyen NV
• Exhibit 115: Adyen NV – Overview
• Exhibit 116: Adyen NV – Product / Service
• Exhibit 117: Adyen NV – Key offerings

• 12.4 Amazon.com Inc.
• Exhibit 118: Amazon.com Inc. – Overview
• Exhibit 119: Amazon.com Inc. – Business segments
• Exhibit 120: Amazon.com Inc. – Key news
• Exhibit 121: Amazon.com Inc. – Key offerings
• Exhibit 122: Amazon.com Inc. – Segment focus

• 12.5 BitPay Inc.
• Exhibit 123: BitPay Inc. – Overview
• Exhibit 124: BitPay Inc. – Product / Service
• Exhibit 125: BitPay Inc. – Key offerings

• 12.6 Block Inc.
• Exhibit 126: Block Inc. – Overview
• Exhibit 127: Block Inc. – Business segments
• Exhibit 128: Block Inc. – Key offerings
• Exhibit 129: Block Inc. – Segment focus

• 12.7 CCBill LLC
• Exhibit 130: CCBill LLC – Overview
• Exhibit 131: CCBill LLC – Product / Service
• Exhibit 132: CCBill LLC – Key offerings

• 12.8 Fidelity National Information Services Inc. 
• Exhibit 133: Fidelity National Information Services Inc. – Overview
• Exhibit 134: Fidelity National Information Services Inc. – Business segments
• Exhibit 135: Fidelity National Information Services Inc. – Key news
• Exhibit 136: Fidelity National Information Services Inc. – Key offerings
• Exhibit 137: Fidelity National Information Services Inc. – Segment focus

• 12.9 Global Payments Inc.
• Exhibit 138: Global Payments Inc. – Overview
• Exhibit 139: Global Payments Inc. – Business segments
• Exhibit 140: Global Payments Inc. – Key offerings
• Exhibit 141: Global Payments Inc. – Segment focus

• 12.10 Ingenico Group SA
• Exhibit 142: Ingenico Group SA – Overview
• Exhibit 143: Ingenico Group SA – Product / Service
• Exhibit 144: Ingenico Group SA – Key offerings

• 12.11 JPMorgan Chase and Co. 
• Exhibit 145: JPMorgan Chase and Co. – Overview
• Exhibit 146: JPMorgan Chase and Co. – Business segments
• Exhibit 147: JPMorgan Chase and Co. – Key offerings
• Exhibit 148: JPMorgan Chase and Co. – Segment focus

• 12.12 Mastercard Inc.
• Exhibit 149: Mastercard Inc. – Overview
• Exhibit 150: Mastercard Inc. – Product / Service
• Exhibit 151: Mastercard Inc. – Key news
• Exhibit 152: Mastercard Inc. – Key offerings

• 12.13 One97 Communications Ltd. 
• Exhibit 153: One97 Communications Ltd. – Overview
• Exhibit 154: One97 Communications Ltd. – Product / Service
• Exhibit 155: One97 Communications Ltd. – Key offerings

• 12.14 PayPal Holdings Inc.
• Exhibit 156: PayPal Holdings Inc. – Overview
• Exhibit 157: PayPal Holdings Inc. – Product / Service
• Exhibit 158: PayPal Holdings Inc. – Key offerings

• 12.15 Razorpay Software Pvt Ltd. 
• Exhibit 159: Razorpay Software Pvt Ltd. – Overview
• Exhibit 160: Razorpay Software Pvt Ltd. – Product / Service
• Exhibit 161: Razorpay Software Pvt Ltd. – Key offerings

• 12.16 Stripe Inc.
• Exhibit 162: Stripe Inc. – Overview
• Exhibit 163: Stripe Inc. – Product / Service
• Exhibit 164: Stripe Inc. – Key offerings

• 12.17 Visa Inc.
• Exhibit 165: Visa Inc. – Overview
• Exhibit 166: Visa Inc. – Product / Service
• Exhibit 167: Visa Inc. – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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