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Payment as a Service Market Size to Grow by USD 9.09 Million| 43% of the growth to originate from APAC| TechnavioNEW YORK, March 4, 2022 /PRNewswire/ -- The Payment as a Service Market is set to grow by USD 9.09 million from 2021 and 2026, and register a CAGR of 15.19%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read Free Sample Report The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Agilysys Inc., Aurus Inc., First American Payment Systems L.P., Fidelity National Information Services Inc., Fiserv Inc., Helcim Inc., Ingenico Group SA, Paysafe Ltd., Total System Services LLC, and VeriFone Inc. are some of the major market participants. Although the high adoption of contactless payment solutions, the high explosion of smartphones, and the high explosion of smartphones will offer immense growth opportunities, to leverage the current opportunities, however the lack of awareness for online payment in developing economies will be a major challenge for the payment as a service market during the forecast period. Market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments. Payment as a Service Market 2022-2026: Segmentation
Learn more about the factors assisting the growth of the market, Speak to our Analyst Now. Payment as a Service Market 2022-2026: Vendor Analysis and Scope Some of the major vendors of the payment as a service market in the Internet Services & Infrastructure industry includes:
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. The report also covers the following areas:
Market trends such as the high adoption of contactless payment solutions are likely to emerge as one of the primary drivers of the market. However, factors such as the lack of awareness for online payment in developing economies may threaten the growth of the market. Payment as a Service Market 2022-2026: Key Highlights
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Download now to uncover successful business strategies deployed by Companies of payment as a service market - Download Latest Free Sample Report in Minutes Table of Contents 1. Executive Summary 2. Market Landscape 2.1 Market ecosystem Exhibit 01: Parent market Exhibit 02: Market Characteristics 2.2 Value Chain Analysis
3. Market Sizing 3.1 Market definition Exhibit 03: Offerings of vendors included in the market definition 3.2 Market segment analysis Exhibit 04: Market segments 3.3 Market size 2020 3.4 Market outlook: Forecast for 2020 - 2025 3.4.1Estimating growth rates for emerging and high-growth markets 3.4.2 Estimating growth rates for mature markets Exhibit 05: Global - Market size and forecast 2020 - 2025 (million $) Exhibit 06: Global market: Year-over-year growth 2020 - 2025 (%) 4. Five Forces Analysis 4.1 Five Forces Summary Exhibit 07: Five forces analysis 2020 & 2025 4.2 Bargaining power of buyers Exhibit 08: Bargaining power of the buyer 4.3 Bargaining power of suppliers Exhibit 09: Bargaining power of the supplier 4.4 Threat of new entrants Exhibit 10: Threat of new entrants 4.5 Threat of substitutes Exhibit 11: Threat of substitutes 4.6 Threat of rivalry Exhibit 12: Threat of rivalry 4.7 Market condition Exhibit 13: Market condition - Five forces 2020 5. Market Segmentation by Application 5.1 Market segments Exhibit 14 :Application- Market share 2020-2025 (%) 5.2 Comparison by Application Exhibit 15: Comparison by Application 5.3 Retail - Market size and forecast 2021-2026 Exhibit 16: Retail - Market size and forecast 2020-2025 ($ million) Exhibit 17: Retail - Year-over-year growth 2020-2025 (%) 5.4 Healthcare - Market size and forecast 2021-2026 Exhibit 18: Healthcare- Market size and forecast 2020-2025 ($ million) Exhibit 19: Healthcare - Year-over-year growth 2020-2025 (%) 5.5 Hospitality - Market size and forecast 2021-2026 Exhibit 20: Hospitality - Market size and forecast 2020-2025 ($ million) Exhibit 21: Hospitality - Year-over-year growth 2020-2025 (%) 5.6 Other sports - Market size and forecast 2020-2025 Exhibit 22: Other sports - Market size and forecast 2020-2025 ($ million) Exhibit 23: Other sports - Year-over-year growth 2020-2025 (%) 5.7 Market opportunity by Application Exhibit 24: Market opportunity by Application 6. Customer landscape Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria Exhibit 25: Customer landscape 7. Geographic Landscape 7.1 Geographic segmentation Exhibit 26: Market share by geography 2020-2025 (%) 7.2 Geographic comparison Exhibit 27: Geographic comparison 7.3 APAC - Market size and forecast 2020-2025 Exhibit 28: APAC - Market size and forecast 2020-2025 ($ million) Exhibit 29: APAC - Year-over-year growth 2020-2025 (%) 7.4 Europe - Market size and forecast 2020-2025 Exhibit 30: Europe - Market size and forecast 2020-2025 ($ million) Exhibit 31: Europe - Year-over-year growth 2020-2025 (%) 7.5 North America - Market size and forecast 2020-2025 Exhibit 32: North America - Market size and forecast 2020-2025 ($ million) Exhibit 33: North America - Year-over-year growth 2020-2025 (%) 7.6 South America - Market size and forecast 2020-2025 Exhibit 34: South America - Market size and forecast 2020-2025 ($ million) Exhibit 35: South America - Year-over-year growth 2020-2025 (%) 7.7 MEA - Market size and forecast 2020-2025 Exhibit 36: MEA - Market size and forecast 2020-2025 ($ million) Exhibit 37: MEA - Year-over-year growth 2020-2025 (%) 7.8 Key leading countries Exhibit 38: Key leading countries 7.9 Market opportunity by geography Exhibit 39: Market opportunity by geography ($ million) 8. Drivers, Challenges, and Trends 8.1 Market drivers 8.1.1 High adoption of contactless payment solutions 8.1.2 High explosion of smartphones 8.1.3 Worldwide initiatives for the promotion of payments services 8.2 Market challenges 8.2.1 Lack of awareness for online payment in developing economies 8.2.2 Absence of global standards for cross-border payments 8.2.3 Lack of digital literacy in emerging economies and concerns regarding cyber attacks Exhibit 40: Impact of drivers and challenges 8.3 Market trends 8.3.1 Rise in mobile biometrics for payment 8.3.2 Rising need to provide better customer experience 8.3.3 Adoption of multi-factor authentication 9. Vendor Landscape Exhibit 41: Vendor landscape 9.1 Landscape disruption Exhibit 42: Landscape disruption Exhibit 43: Industry Risk 10. Vendor Analysis 10.1 Vendors Covered Exhibit 44: Vendor Landscape 10.2 Market positioning of vendors Exhibit 45: Market positioning of vendors 10.3 Agilysys Inc. Exhibit 46: Agilysys Inc. - Overview Exhibit 47: Agilysys Inc. - Product and service Exhibit 48: Agilysys Inc. - Key offerings 10.4 Aurus Inc. Exhibit 49: Aurus Inc. - Overview Exhibit 50: Aurus Inc. - Product and service Exhibit 51: Aurus Inc. - Key offerings 10.5 First American Payment Systems L.P. Exhibit 52: First American Payment Systems L.P. - Overview Exhibit 53: First American Payment Systems L.P. - Product and service Exhibit 54: First American Payment Systems L.P. - Key offerings 10.6 Fidelity National Information Services Inc. Exhibit 55: Fidelity National Information Services Inc. - Overview Exhibit 56: Fidelity National Information Services Inc. - Business segments Exhibit 57: Fidelity National Information Services Inc. - Key offerings Exhibit 58: Fidelity National Information Services Inc. - Segment focus 10.7 Fiserv Inc. Exhibit 59: Fiserv Inc. - Overview Exhibit 60: Fiserv Inc. - Business segments Exhibit 61: Fiserv Inc. - Key offerings Exhibit 62: Fiserv Inc. - Segment focus 10.8 Helcim Inc. Exhibit 63: Helcim Inc. - Overview Exhibit 64: Helcim Inc. - Product and service Exhibit 65: Helcim Inc. - Key offerings 10.9 Ingenico Group SA Exhibit 66: Ingenico Group SA - Overview Exhibit 67: Ingenico Group SA - Business segments Exhibit 68: Ingenico Group SA - Key offerings Exhibit 69: Ingenico Group SA - Segment focus 10.10 Paysafe Ltd. Exhibit 70: Paysafe Ltd. - Overview Exhibit 71: Paysafe Ltd. - Business segments Exhibit 72: Paysafe Ltd. - Key offerings Exhibit 73: Paysafe Ltd. - Segment focus 10.11 Total System Services LLC Exhibit 74: Total System Services LLC - Overview Exhibit 75: Total System Services LLC - Product and service Exhibit 76: Total System Services LLC - Key offerings 10.12 VeriFone Inc. Exhibit 77: VeriFone Inc. - Overview Exhibit 78: VeriFone Inc. - Product and service Exhibit 79: VeriFone Inc. - Key offerings 11. Appendix 11.1 Scope of the report 11.1.1 Market definition 11.1.2 Objectives 11.1.3 Notes and caveats 11.2 Currency conversion rates for US$ Exhibit 80: Currency conversion rates for US$ 11.3 Research Methodology Exhibit 81: Research Methodology Exhibit 82: Validation techniques employed for market sizing Exhibit 83: Information sources 11.4 List of abbreviations Exhibit 84: List of abbreviations About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides 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 across 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. Contact Technavio Research
SOURCE Technavio 
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