The role of a payment gateway is like an intermediator between the banks and the e-commerce site. The robust growth in the e-commerce sector coupled with proliferating rate of internet penetration across the globe is resulting in the growth of the Payment Gateway market. Moreover, the trend of online shopping among the millennials for apparels, grocery, and any other goods coupled with the benefits provided by the e-commerce sites such as deals and discounts and free home delivery is contributing to the growth of the Payment Gateway market worldwide.
| Report Coverage | Details |
| Study Period | Historical Data: 2015-19 |
| Base Year: 2019 | |
| Forecast Period: 2020-25 | |
| Regions Covered | North America |
| Europe | |
| Asia-Pacific | |
| South America | |
| Middle East & Africa | |
| Unit Denominations | USD Million/Billion |
According to MarkNtel Advisors’ research report titled “Global Payment Gateway Market Analysis, 2019”, the Global Payment Gateway market is anticipated to grow at a CAGR of around 20.00% during 2020-25. In 2019, the Asia-Pacific region acquired the major share on account of the rising urbanization and increasing internet penetration in the rural areas.
Moreover, extensive government support and initiatives for optimum digitalization in the countries such as India, China, and Japan is contributing to the growth of the market.
Retail Sector to Maintain Dominance in the Forthcoming Years
In 2019, the retail sector dominated the Payment Gateway market on an account of the increasing organized retail sector. Moreover, the opening of new malls and shopping complexes are the key contributors to the growth of the market. However, the hospitality sector, education sector, and the travel sector are also shifting toward the payment through the digital mode for ease of the customer, therefore, contributing to the overall growth of the market.
The large enterprise segment dominated the market in 2019 on an account of the wide customer base due to which numerous transitions happen on a daily basis which need to be recorded for better transparency. Moreover, the hosted gateway accounted for the major market share in 2019 due to features such as being more economical, ease of operations, and ease of integration with the system.
Tie-Ups With the Warehouse Clubs to Intensify Market Competition
The companies in the payment gateway market are focused on doing tie-ups with the wholesales, retailers, and warehouse clubs to remain competitive and capture the major market share in the industry. The key players with a considerable share in the industry are PayPal Holdings, Stripe Inc, Adyen N.V., Inc, Amazon Pay, Square Inc, etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Payment Gateway Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global Payment Gateway Market during 2020-25?
A. The growth rate of of Global Payment Gateway Market during 2020-25 is forecast to be around 20%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Which sector would grab the highest market share during 2020-25?
A. It is forecast that retail sector will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Payment Gateway Market?
A. PayPal Holdings, Stripe Inc, Adyen N.V., Inc, Amazon Pay, Square Inc, are few of the leading players in the Global Payment Gateway Market.
1. Introduction
1.1. Research Process
1.2. Assumption
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Macroeconomic Outlook
4. Global Payment Gateway Market Outlook (2015-2025F)
4.1. Market Potential & Outlook
4.1.1. By Revenues
4.2. Market Segmentation & Outlook
4.2.1. By Type
4.2.1.1. Hosted
4.2.1.2. Self-hosted
4.2.1.3. Bank integrated
4.2.2. By Enterprise Size
4.2.2.1. Small & Medium Enterprise
4.2.2.2. Large Enterprise
4.2.3. By End-Users
4.2.3.1. Retail
4.2.3.2. Travel
4.2.3.3. Hospitality
4.2.3.4. Healthcare
4.2.3.5. Education
4.2.3.6. Government
4.2.3.7. Utilities
4.2.3.8. Others
4.2.4. By Region
4.2.4.1. North America
4.2.4.2. South America
4.2.4.3. Europe
4.2.4.4. Asia-Pacific
4.2.4.5. Middle East & Africa
4.2.5. By Company
4.2.5.1. Revenue Shares
4.2.5.2. Strategic Factorial Indexing
4.2.5.3. Competitor Placement in Markntel Quadrant
5. North America Payment Gateway Market Outlook (2015- 2025)
5.1. Market Potential & Outlook
5.1.1. By Revenues
5.2. Market Segmentation & Outlook
5.2.1. By Type
5.2.2. By Enterprise size
5.2.3. By End-user
5.2.4. By Country
5.2.4.1. US
5.2.4.2. Mexico
5.2.4.3. Canada
5.3. The US Payment Gateway Market Outlook (2015-2025F)
5.3.1. Market Potential & Outlook
5.3.1.1. By Revenues
5.3.2. Market Segmentation & Outlook
5.3.2.1. By Type
5.3.2.2. By Enterprise size
5.3.2.3. By End-User
5.3.2.4. By Region
5.4. Canada Payment Gateway Market Outlook (2015-2025F)
5.4.1. Market Potential & Outlook
5.4.1.1. By Revenues
5.4.2. Market Segmentation & Outlook
5.4.2.1. By Type
5.4.2.2. By Enterprise size
5.4.2.3. By End-User
5.4.2.4. By Region
5.5. Mexico Payment Gateway Market Outlook (2015-2025F)
5.5.1. Market Potential & Outlook
5.5.1.1. By Revenues
5.5.2. Market Segmentation & Outlook
5.5.2.1. By Type
5.5.2.2. By Enterprise size
5.5.2.3. By End-User
5.5.2.4. By Region
6. South America Payment Gateway Market Outlook (2015- 2025)
6.1. Market Potential & Outlook
6.1.1. By Revenues
6.2. Market Segmentation & Outlook
6.2.1.1. By Type
6.2.1.2. By Enterprise size
6.2.1.3. By End-User
6.2.1.4. By Country
6.2.1.4.1. Brazil
6.2.1.4.2. Others
6.3. Brazil Payment Gateway Market Outlook (2015-2025F)
6.3.1. Market Potential & Outlook
6.3.1.1. By Revenues
6.3.2. Market Segmentation & Outlook
6.3.2.1. By Type
6.3.2.2. By Enterprise size
6.3.2.3. By End-User
6.3.2.4. By Region
7. Europe Payment Gateway Market Outlook (2015- 2025)
7.1. Market Potential & Outlook
7.2. Market Potential & Outlook
7.2.1. By Revenues
7.3. Market Segmentation & Outlook
7.3.1.1. By Type
7.3.1.2. By Enterprise size
7.3.1.3. By End-User
7.3.1.4. By Country
7.3.1.4.1. Germany
7.3.1.4.2. France
7.3.1.4.3. Italy
7.3.1.4.4. U.K
7.3.1.4.5. Spain
7.3.1.4.6. Russia & CIS
7.4. Germany Payment Gateway Market Outlook (2015-2025F)
7.4.1. Market Potential & Outlook
7.4.1.1. By Revenues
7.4.2. Market Segmentation & Outlook
7.4.2.1. By Type
7.4.2.2. By Enterprise size
7.4.2.3. By End-User
7.4.2.4. By Region
7.5. France Payment Gateway Market Outlook (2015-2025F)
7.5.1. Market Potential & Outlook
7.5.1.1. By Revenues
7.5.2. Market Segmentation & Outlook
7.5.2.1. By Type
7.5.2.2. By Enterprise size
7.5.2.3. By End-User
7.5.2.4. By Region
7.6. Italy Payment Gateway Market Outlook (2015-2025F)
7.6.1. Market Potential & Outlook
7.6.1.1. By Revenues
7.6.2. Market Segmentation & Outlook
7.6.2.1. By Type
7.6.2.2. By Enterprise size
7.6.2.3. By End-User
7.6.2.4. By Region
7.7. The UK Payment Gateway Market Outlook (2015-2025F)
7.7.1. Market Potential & Outlook
7.7.1.1. By Revenues
7.7.2. Market Segmentation & Outlook
7.7.2.1. By Type
7.7.2.2. By Enterprise size
7.7.2.3. By End-User
7.7.2.4. By Region
7.8. Russia & CIS Payment Gateway Market Outlook (2015-2025F)
7.8.1. Market Potential & Outlook
7.8.1.1. By Revenues
7.8.2. Market Segmentation & Outlook
7.8.2.1. By Type
7.8.2.2. By Enterprise size
7.8.2.3. By End-User
7.8.2.4. By Region
7.9. Spain Payment Gateway Market Outlook (2015-2025F)
7.9.1. Market Potential & Outlook
7.9.1.1. By Revenues
7.9.2. Market Segmentation & Outlook
7.9.2.1. By Type
7.9.2.2. By Enterprise size
7.9.2.3. By End-User
7.9.2.4. By Region
8. Asia-Pacific Payment Gateway Market Outlook (2015- 2025)
8.1. Market Potential & Outlook
8.1.1. By Revenues
8.2. Market Segmentation & Outlook
8.2.1.1. By Type
8.2.1.2. By Enterprise size
8.2.1.3. By End-User
8.2.1.4. By Country
8.2.1.4.1. China
8.2.1.4.2. India
8.2.1.4.3. Japan
8.2.1.4.4. South Korea
8.2.1.4.5. South East Asia
8.3. China Payment Gateway Market Outlook (2015-2025F)
8.3.1. Market Potential & Outlook
8.3.1.1. By Revenues
8.3.2. Market Segmentation & Outlook
8.3.2.1. By Type
8.3.2.2. By Enterprise size
8.3.2.3. By End-User
8.3.2.4. By Region
8.4. India Payment Gateway Market Outlook (2015-2025F)
8.4.1. Market Potential & Outlook
8.4.1.1. By Revenues
8.4.2. Market Segmentation & Outlook
8.4.2.1. By Type
8.4.2.2. By Enterprise size
8.4.2.3. By End-User
8.4.2.4. By Region
8.5. Japan Payment Gateway Market Outlook (2015-2025F)
8.5.1. Market Potential & Outlook
8.5.1.1. By Revenues
8.5.2. Market Segmentation & Outlook
8.5.2.1. By Type
8.5.2.2. By Enterprise size
8.5.2.3. By End-User
8.5.2.4. By Region
8.6. South Korea Payment Gateway Market Outlook (2015-2025F)
8.6.1. Market Potential & Outlook
8.6.1.1. By Revenues
8.6.2. Market Segmentation & Outlook
8.6.2.1. By Type
8.6.2.2. By Enterprise size
8.6.2.3. By End-User
8.6.2.4. By Region
8.7. South East Asia Payment Gateway Market Outlook (2015-2025F)
8.7.1. Market Potential & Outlook
8.7.1.1. By Revenues
8.7.2. Market Segmentation & Outlook
8.7.2.1. By Type
8.7.2.2. By Enterprise size
8.7.2.3. By End-User
8.7.2.4. By Region
9. Middle East Payment Gateway Market Outlook (2015- 2025)
9.1. Market Potential & Outlook
9.1.1. By Revenues
9.2. Market Segmentation & Outlook
9.2.1.1. By Type
9.2.1.2. By Enterprise size
9.2.1.3. By End-User
9.2.1.4. By Country
9.2.1.4.1. Saudi Arabia
9.2.1.4.2. UAE
9.2.1.4.3. Qatar
9.2.1.4.4. Turkey
9.3. Saudi Arabia Payment Gateway Market Outlook (2015-2025F)
9.3.1. Market Potential & Outlook
9.3.1.1. By Revenues
9.3.2. Market Segmentation & Outlook
9.3.2.1. By Type
9.3.2.2. By Enterprise size
9.3.2.3. By End-User
9.3.2.4. By Region
9.4. UAE Payment Gateway Market Outlook (2015-2025F)
9.4.1. Market Potential & Outlook
9.4.1.1. By Revenues
9.4.2. Market Segmentation & Outlook
9.4.2.1. By Type
9.4.2.2. By Enterprise size
9.4.2.3. By End-User
9.4.2.4. By Region
9.5. Qatar Payment Gateway Market Outlook (2015-2025F)
9.5.1. Market Potential & Outlook
9.5.1.1. By Revenues
9.5.2. Market Segmentation & Outlook
9.5.2.1. By Type
9.5.2.2. By Enterprise size
9.5.2.3. By End-User
9.5.2.4. By Region
10. Africa Payment Gateway Market Outlook (2015- 2025)
10.1.Market Potential & Outlook
10.1.1. By Revenues
10.2.Market Segmentation & Outlook
10.2.1.1. By Type
10.2.1.2. By Enterprise size
10.2.1.3. By End-User
10.2.1.3.1. Turkey
10.2.1.3.2. South Africa
10.2.1.3.3. Egypt
10.3.Turkey Payment Gateway Market Outlook (2015-2025F)
10.3.1. Market Potential & Outlook
10.3.1.1. By Revenues
10.3.2. Market Segmentation & Outlook
10.3.2.1. By Type
10.3.2.2. By Enterprise size
10.3.2.3. By End-User
10.3.2.4. By Region
10.4.South Africa Payment Gateway Market Outlook (2015-2025F)
10.4.1. Market Potential & Outlook
10.4.1.1. By Revenues
10.4.2. Market Segmentation & Outlook
10.4.2.1. By Type
10.4.2.2. By Enterprise size
10.4.2.3. By End-User
10.4.2.4. By Region
10.5.Egypt Payment Gateway Market Outlook (2015-2025F)
10.5.1. Market Potential & Outlook
10.5.1.1. By Revenues
10.5.2. Market Segmentation & Outlook
10.5.2.1. By Type
10.5.2.2. By Enterprise size
10.5.2.3. By End-User
10.5.2.4. By Region
11. Global Payment Gateway Market Policies, Regulations, Product Standards
12. Global Payment Gateway Market Trends & Insights
13. Global Payment Gateway Market Dynamics
13.1.Growth Drivers
13.2.Challenges
13.3.Impact Analysis
14. Global Payment Gateway Market Hotspot and Opportunities
15. Global Payment Gateway Market Key Strategic Imperatives for Success and Growth
16. Competition Outlook
16.1.Competition Matrix
16.1.1. Product Portfolio
16.1.2. Brand Specialization
16.1.3. Target Markets
16.1.4. Target End Users
16.1.5. Research & Development
16.1.6. Strategic Alliances
16.1.7. Strategic Initiatives
16.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
16.2.1. PayPal Holdings
16.2.2. Stripe, Inc
16.2.3. Adyen N.V., Inc
16.2.4. Amazon Pay
16.2.5. Square, Inc
16.2.6. Skrill limited
16.2.7. PayU group
16.2.8. Ingenico Group
16.2.9. Alipay.com Co Ltd
16.2.10. Paytm Mobile Solutions Pvt. Ltd
17. Disclaimer
