Payment Processing Solutions Market to reach a market size of $62.3 billion by 2024- KBV Research

Press release   •   Jul 08, 2019 12:44 IST

According to a new report Global Payment Processing Solutions Market, published by KBV research, The Global Payment Processing Solutions Market size is expected to reach $62.3 billion by 2024, rising at a market growth of 9.9% CAGR during the forecast period.

The North America market dominated the Global Payment Processing Solutions Credit Card Market by Region by 2024, growing at a CAGR of 7.8 % during the forecast period. The Europe market is expected to witness a CAGR of 8.1% during (2018-2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 10.1% during (2018-2024).

The Hospitality market dominated the Global Payment Processing Solutions Market by End User 2017. The Retail market is expected to witness a CAGR of 9.1% during (2018-2024). Additionally, The Utilities & Telecommunication market is expected to witness highest CAGR of 12.5% during (2018-2024).

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of PayPal Holdings, Inc., Global Payments Inc., First Data Corporation, Square Inc., Wirecard AG, Naspers Limited, Visa Inc., Jack Henry & Associates Inc., Adyen N.V., and Paysafe Group Limited.

Full Report: https://www.kbvresearch.com/payment-processing-solutions-market/

Global Payment Processing Solutions Market Segmentation

By Payment Method

Credit Card

Debit Card


By End User



Utilities & Telecommunication


By Geography

North America




Rest of North America








Rest of Europe

Asia Pacific




South Korea



Rest of Asia Pacific





Saudi Arabia

South Africa


Rest of LAMEA

Companies Profiled

PayPal Holdings, Inc.

Global Payments Inc.

First Data Corporation

Square Inc.

Wirecard AG

Naspers Limited

Visa Inc.

Jack Henry & Associates Inc.

Adyen N.V.

Paysafe Group Limited.

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Payment Processing Solutions Market Related Reports:

North America Payment Processing Solutions Market

Europe Payment Processing Solutions Market

Asia Pacific Payment Processing Solutions Market

LAMEA Payment Processing Solutions Market

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.