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Global Electronic Bill Presentment and Payment (EBPP) IndustryNEW YORK, Feb. 25, 2020 /PRNewswire/ -- Electronic Bill Presentment and Payment (EBPP) market worldwide is projected to grow by 13.5 Number of Bills in Billion, driven by a compounded growth of 8.9%. Electronic Bill Presentment and Payment (EBPP), one of the segments analyzed and sized in this study, displays the potential to grow at over 8.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over 30.1 Number of Bills in Billion by the year 2025, Electronic Bill Presentment and Payment (EBPP) will bring in healthy gains adding significant momentum to global growth. Read the full report: https://www.reportlinker.com/p05443579/?utm_source=PRN - Representing the developed world, the United States will maintain a 10.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over 613 Number of Bills in Million to the region's size and clout in the next 5 to 6 years. Over 628.2 Number of Bills in Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Electronic Bill Presentment and Payment (EBPP) will reach a market size of 2.1 Number of Bills in Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.5% over the next couple of years and add approximately 2.3 Number of Bills in Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
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MARKET TRENDS & DRIVERS Noteworthy Market Trends, Drivers & Challenges Outsourced EBPP Services Gain in Popularity Political Focus on Exerting Strong Fiscal Controls to Curb Tax Evasion & Fraud Drives the Emergence of Latin America as the World's Largest Market for E-Billing The Rise of Customer Self-Service Tilts EBPP Technologies into the Mass Adoption Stage Intuitive Design of Electronic Bills: Vital to the Success of Bill Presentment SMS Bill Presentment Soars in Popularity ATMs Emerge as a Medium of Electronic Payment SMBs: An Emerging & Lucrative Customer Cluster for EBPP Improving Reconciling, Billing and Payment functions of Business through EBPP Mobile Platform Presents a Positive Outlook for Adoption of Electronic Billing Convergence of Billing with Customer Analytics Opens a New Window of Opportunity Launch of e-Bill Adoption Campaigns to Benefit Market Growth The Significance of EBPP Platforms for Making Utility Payments Growing Importance of Customer Experience Leads CSPs to Turn Towards EBPP Solutions Key Macro Forces Driving Market Growth Global Efforts to Go Cashless Confers Policy Led Stability to the Growth of Electronic Bill Presentment and Payment Solutions Rapid Growth in eCommerce and mCommerce Spurs Consumer Appetite for Electronic Payment Rapid Mobile Broadband Penetration Provides the Platform for Future Growth Developments in Internet Security: A Prerequisite for Growth of e-Billing & Payment Market Increasing Use of Internet-Enabled Smartphones Encourages Bill Payment through Mobile Phones Developments in Mobile Wallet & Payment Apps to Richly Support Growth of Electronic Payments Growing Focus on Environmental Sustainability to Benefit EBPP Challenges Impeding Wider Adoption of EBPP Underdeveloped Internet Infrastructure in Developing Markets Bandwidth Limitations Limit EBPP Potential Inherent limitations of SMS System: A Cause of Concern Lack of Common Standards Key Considerations for Successful Implementation of EBPP EBPP: Not a Complete Replacement for Paper 4. GLOBAL MARKET PERSPECTIVE Table 1: Electronic Bill Presentment and Payment (EBPP) Global Market Estimates and Forecasts in Number of Bills in Million by Region/Country: 2018-2025 Table 2: Electronic Bill Presentment and Payment (EBPP) Global Retrospective Market Scenario in Number of Bills in Million by Region/Country: 2009-2017 Table 3: Electronic Bill Presentment and Payment (EBPP) Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures Table 4: United States Electronic Bill Presentment and Payment (EBPP) Market Estimates and Projections in Number of Bills in Million: 2018 to 2025 Table 5: Electronic Bill Presentment and Payment (EBPP) Market in the United States: A Historic Review in Number of Bills in Million for 2009-2017 CANADA Table 6: Canadian Electronic Bill Presentment and Payment (EBPP) Market Estimates and Forecasts in Number of Bills in Million: 2018 to 2025 Table 7: Canadian Electronic Bill Presentment and Payment (EBPP) Historic Market Review in Number of Bills in Million: 2009-2017 JAPAN Table 8: Japanese Market for Electronic Bill Presentment and Payment (EBPP): Annual Sales Estimates and Projections in Number of Bills in Million for the Period 2018-2025 Table 9: Electronic Bill Presentment and Payment (EBPP) Market in Japan: Historic Sales Analysis in Number of Bills in Million for the Period 2009-2017 CHINA Table 10: Chinese Electronic Bill Presentment and Payment (EBPP) Market Growth Prospects in Number of Bills in Million for the Period 2018-2025 Table 11: Electronic Bill Presentment and Payment (EBPP) Historic Market Analysis in China in Number of Bills in Million: 2009-2017 EUROPE Market Facts & Figures Table 12: European Electronic Bill Presentment and Payment (EBPP) Market Demand Scenario in Number of Bills in Million by Region/Country: 2018-2025 Table 13: Electronic Bill Presentment and Payment (EBPP) Market in Europe: A Historic Market Perspective in Number of Bills in Million by Region/Country for the Period 2009-2017 Table 14: European Electronic Bill Presentment and Payment (EBPP) Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 FRANCE Table 15: Electronic Bill Presentment and Payment (EBPP) Market in France: Estimates and Projections in Number of Bills in Million for the Period 2018-2025 Table 16: French Electronic Bill Presentment and Payment (EBPP) Historic Market Scenario in Number of Bills in Million: 2009-2017 GERMANY Table 17: Electronic Bill Presentment and Payment (EBPP) Market in Germany: Recent Past, Current and Future Analysis in Number of Bills in Million for the Period 2018-2025 Table 18: German Electronic Bill Presentment and Payment (EBPP) Historic Market Analysis in Number of Bills in Million: 2009-2017 ITALY Table 19: Italian Electronic Bill Presentment and Payment (EBPP) Market Growth Prospects in Number of Bills in Million for the Period 2018-2025 Table 20: Electronic Bill Presentment and Payment (EBPP) Historic Market Analysis in Italy in Number of Bills in Million: 2009-2017 UNITED KINGDOM Table 21: United Kingdom Market for Electronic Bill Presentment and Payment (EBPP): Annual Sales Estimates and Projections in Number of Bills in Million for the Period 2018-2025 Table 22: Electronic Bill Presentment and Payment (EBPP) Market in the United Kingdom: Historic Sales Analysis in Number of Bills in Million for the Period 2009-2017 REST OF EUROPE Table 23: Rest of Europe Electronic Bill Presentment and Payment (EBPP) Market Estimates and Forecasts in Number of Bills in Million: 2018-2025 Table 24: Electronic Bill Presentment and Payment (EBPP) Market in Rest of Europe in Number of Bills in Million: A Historic Review for the Period 2009-2017 ASIA-PACIFIC Table 25: Electronic Bill Presentment and Payment (EBPP) Market in Asia-Pacific: Estimates and Projections in Number of Bills in Million for the Period 2018-2025 Table 26: Asia-Pacific Electronic Bill Presentment and Payment (EBPP) Historic Market Scenario in Number of Bills in Million: 2009-2017 REST OF WORLD Table 27: Rest of World Electronic Bill Presentment and Payment (EBPP) Market Estimates and Forecasts in Number of Bills in Million: 2018 to 2025 Table 28: Rest of World Electronic Bill Presentment and Payment (EBPP) Historic Market Review in Number of Bills in Million: 2009-2017 IV. COMPETITION Total Companies Profiled: 78 Read the full report: https://www.reportlinker.com/p05443579/?utm_source=PRN 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/global-electronic-bill-presentment-and-payment-ebpp-industry-301010551.html SOURCE Reportlinker |