Payment Gateways Market by End-user and Geographic Landscape — Forecast and Analysis 2020–2024
During 2020–2024 payment gateways market size will grow by USD 23.45 almost at a CAGR of almost 17%.
North America will provide significant growth opportunities to vendors. During the forecast period the region will account for 38% of the market’s growth.
Market Overview
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Growth in the market will be driven by factors such as the focus on high customer satisfaction. The high adoption of contactless payment solutions will also have a significant influence on the growth of the payment gateways market during the forecast period.
Though the market will offer several growth opportunities, factors such as will also challenge the growth of the market participants.
Amazon.com Inc., CCBill, Fidelity National Information Services Inc., and Global Payments Inc. are some of the key payment gateways market vendors.
The report provides an analysis of the market’s competitive landscape, the strategies adopted by companies to increase their market share, and the key products or services they provide. The report also analyzes the market based on segmentations such as End-user (Large enterprises, Micro and small enterprises, and Mid-sized enterprises) and Geographic (North America, Europe, APAC, and South America). To improve their market positions, the vendors should focus more on the fast-growing segments.
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