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The digital payment market is estimated to be USD 38.00 billion in 2018 and is projected to reach USD 86.76 billion by 2023, at a CAGR of 18.0%NEW YORK, Oct. 11, 2018 /PRNewswire/ -- The increasing proliferation of smartphones is expected to drive the growth of the digital payment market. The digital payment market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. The digital payment market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increased demand for digital payment solutions and advancements in digital technologies benefitting all stakeholders present in the digital payment ecosystem in the Asia Pacific region. The break-up of profiles of primary participants is mentioned below: • By Company Type: Tier 1 (40%), Tier 2 (35%), and Tier 3 (25%) • By Designation: C-Level Executives (45%), Directors (30%), and Others (25%) • By Region: North America (35%), APAC (30%), Europe (20%), and RoW (15%) Key market players profiled in this report include ACI Worldwide (US), Aurus (US), Aliant Payment (US), Authorize.Net (US), Adyen (Netherlands), BlueSnap (US), Chetu (US), Dwolla (US), FSS (India), First Data (US), Fiserv (US), Global Payments (US), Net1 UEPS Technologies (South Africa), Novatti (Australia), PayPal (US), Paysafe (UK), PayU (Netherlands), SIX (Switzerland), Stripe (US), TSYS (US), WEX (US), Wirecard (Germany), Worldline (France), Worldpay (US), and YapStone (US). Research Coverage The digital payment market has been segmented based on type, deployment mode, organization size, and region. A detailed analysis of regions has been performed to provide insights into the potential future business opportunities. Reasons to Buy the Report The report will help market leaders/new entrants in the digital payment market in the following ways: 1. The report segments the digital payment market comprehensively and provides the closest approximations of revenue numbers for the overall market and subsegments across different regions. 2. The report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. 3. The report helps stakeholders understand their competitors and gain valuable insights to better position their business in the market. Read the full report: https://www.reportlinker.com/p05587810 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-digital-payment-market-is-estimated-to-be-usd-38-00-billion-in-2018-and-is-projected-to-reach-usd-86-76-billion-by-2023--at-a-cagr-of-18-0-300729587.html SOURCE Reportlinker |