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Payment Gateway Market Size, Share & Trends Analysis Report by Type (Hosted, Non-hosted), by Enterprise Size (Large Enterprise, Small & Medium Enterprises), by End Use (BFSI, Retail & E-commerce), by Region, and Segment Forecasts, 2022-2030

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    Report

  • 130 Pages
  • February 2022
  • Region: Global
  • Grand View Research
  • ID: 5390520
Description Jump to:
The global payment gateway market is expected to reach USD 132.24 billion by 2030, expanding at a CAGR of 22.1% from 2022 to 2030. Increase in online transactions, coupled with the advancements in payment methods, such as cash pooling, cashless transactions, and token systems, is expected to fuel the market growth. Moreover, rapidly increasing internet penetration across the globe is anticipated to fuel market growth over the forecast period.



Retailers and e-commerce merchants across the globe are focusing on expanding their businesses in other regions and are partnering with payment service providers. These partnerships are allowing merchants to benefit from the opportunities generated by the globalization of the e-commerce sector. Payment gateways help merchants that manage a large volume of transactions automate the complete money transfer process with faster processing speed and error-free computations.

The financial service providers focus on incorporating technologies such as Artificial Intelligence (AI) and Machine Learning (ML) in their payment gateway systems for process automation and fraud detection. Financial service providers are also focusing on developing innovative payment gateway solutions for merchants. For instance, in October 2021, Pine Labs, a software development company, announced the launch of Plural, a payment gateway platform, to offer merchants an integrated solution for all kinds of payments.

The COVID-19 pandemic has positively impacted the market owing to changing consumer preference toward online shopping. Numerous e-commerce vendors are developing their payment gateway systems combined with eWallet services. This development is mostly identified among merchants handling a large volume of transactions. Moreover, e-commerce vendors also saw an increase in their sales during the pandemic. For instance, Amazon.com, Inc. saw a 40% year-on-year growth in the second quarter of 2020 due to an increase in online grocery sales.

Payment Gateway Market Report Highlights

  • In terms of type, the hosted segment is expected to retain its dominance over the forecast period owing to features such as easy payment integration, built-in compliance capabilities, and the ability to integrate more diverse methods.
  • In terms of enterprise size, the small and medium enterprise segment is expected to witness significant growth over the forecast period. Payment gateways are used by small and medium enterprises to increase their profitability by delivering better customer experiences and reducing transaction costs.
  • In terms of end-use, the retail and e-commerce sector dominated the market in 2021. Factors such as better shopping experience and increased smartphone penetration are expected to increase the adoption of payment gateway systems in the retail and e-commerce sector.
  • North America dominated the market in 2021 and is expected to show similar trends in the near future. Growing e-commerce sales and the rapidly changing retail market in North America are the primary factors propelling the demand for fast payment solutions in the region.

Table of Contents

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Payment Gateway Market-Industry Snapshot & Key Buying Criteria, 2017-2030
2.2 Global Payment Gateway Market, 2017-2030
2.2.1 Global payment gateway market, by region, 2017-2030
2.2.2 Global payment gateway market, by type, 2017-2030
2.2.3 Global payment gateway market, by enterprise size, 2017-2030
2.2.4 Global payment gateway market, by end use, 2017-2030
Chapter 3 Payment Gateway Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Payment Gateway Market-Value Chain Analysis
3.4 Payment Gateway Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing internet penetration
3.4.1.2 Changing preference of customers to online transactions
3.4.2 Market restraint analysis
3.4.2.1 Increasing cyber-attacks and data breaches
3.5 Penetration and Growth Prospect Mapping
3.6 Payment Gateway Market-Porter’s Five Forces Analysis
3.7 Payment Gateway Market-PESTEL Analysis
Chapter 4 Payment Gateway Type Outlook
4.1 Payment Gateway Market Share By Type, 2021
4.2 Hosted
4.2.1 Hosted payment gateway market, 2017-2030
4.3 Non-hosted
4.3.1 Non-hosted payment gateway market, 2017-2030
Chapter 5 Payment Gateway Enterprise Size Outlook
5.1 Payment Gateway Market Share By Enterprise Size, 2021
5.2 Large Enterprises
5.2.1 Payment gateway market for large enterprises, 2017-2030
5.3 Small & Medium Enterprises
5.3.1 Payment gateway market for small & medium enterprises, 2017-2030
Chapter 6 Payment Gateway End Use Outlook
6.1 Payment Gateway Market Share By End Use, 2021
6.2 BFSI
6.2.1 Payment gateway market in BFSI, 2017-2030
6.3 Media & Entertainment
6.3.1 Payment gateway market in media & entertainment, 2017-2030
6.4 Retail & E-commerce
6.4.1 Payment gateway market in retail & e-commerce, 2017-2030
6.5 Travel & Hospitality
6.5.1 Payment gateway market in travel & hospitality, 2017-2030
6.6 Others
6.6.1 Payment gateway market in other end uses, 2017-2030
Chapter 7 Payment Gateway Regional Outlook
7.1 Payment Gateway Market Share By Region, 2021
7.2 North America
7.2.1 North America payment gateway market, 2017-2030
7.2.2 North America payment gateway market, by type, 2017-2030
7.2.3 North America payment gateway market, by enterprise size, 2017-2030
7.2.4 North America payment gateway market, by end use, 2017-2030
7.2.5 U.S.
7.2.5.1 U.S. payment gateway market, 2017-2030
7.2.5.2 U.S. payment gateway market, by type, 2017-2030
7.2.5.3 U.S. payment gateway market, by enterprise size, 2017-2030
7.2.5.4 U.S. payment gateway market, by end use, 2017-2030
7.2.6 Canada
7.2.6.1 Canada payment gateway market, 2017-2030
7.2.6.2 Canada payment gateway market, by type, 2017-2030
7.2.6.3 Canada payment gateway market, by enterprise size, 2017-2030
7.2.6.4 Canada payment gateway market, by end use, 2017-2030
7.3 Europe
7.3.1 Europe payment gateway market, 2017-2030
7.3.2 Europe payment gateway market, by type, 2017-2030
7.3.3 Europe payment gateway market, by enterprise size, 2017-2030
7.3.4 Europe payment gateway market, by end use, 2017-2030
7.3.5 Germany
7.3.5.1 Germany payment gateway market, 2017-2030
7.3.5.2 Germany payment gateway market, by type, 2017-2030
7.3.5.3 Germany payment gateway market, by enterprise size, 2017-2030
7.3.5.4 Germany payment gateway market, by end use, 2017-2030
7.3.6 U.K.
7.3.6.1 U.K. payment gateway market, 2017-2030
7.3.6.2 U.K. payment gateway market, by type, 2017-2030
7.3.6.3 U.K. payment gateway market, by enterprise size, 2017-2030
7.3.6.4 U.K. payment gateway market, by end use, 2017-2030
7.4 Asia Pacific
7.4.1 Asia Pacific payment gateway market, 2017-2030
7.4.2 Asia Pacific payment gateway market, by type, 2017-2030
7.4.3 Asia Pacific payment gateway market, by enterprise size, 2017-2030
7.4.4 Asia Pacific payment gateway market, by end use, 2017-2030
7.4.5 China
7.4.5.1 China payment gateway market, 2017-2030
7.4.5.2 China payment gateway market, by type, 2017-2030
7.4.5.3 China payment gateway market, by enterprise size, 2017-2030
7.4.5.4 China payment gateway market, by end use, 2017-2030
7.4.6 India
7.4.6.1 India payment gateway market, 2017-2030
7.4.6.2 India payment gateway market, by type, 2017-2030
7.4.6.3 India payment gateway market, by enterprise size, 2017-2030
7.4.6.4 India payment gateway market, by end use, 2017-2030
7.4.7 Japan
7.4.7.1 Japan payment gateway market, 2017-2030
7.4.7.2 Japan payment gateway market, by type, 2017-2030
7.4.7.3 Japan payment gateway market, by enterprise size, 2017-2030
7.4.7.4 Japan payment gateway market, by end use, 2017-2030
7.5 Latin America
7.5.1 Latin America payment gateway market, 2017-2030
7.5.2 Latin America payment gateway market, by type, 2017-2030
7.5.3 Latin America payment gateway market, by enterprise size, 2017-2030
7.5.4 Latin America payment gateway market, by end use, 2017-2030
7.5.5 Brazil
7.5.5.1 Brazil payment gateway market, 2017-2030
7.5.5.2 Brazil payment gateway market, by type, 2017-2030
7.5.5.3 Brazil payment gateway market, by enterprise size, 2017-2030
7.5.5.4 Brazil payment gateway market, by end use, 2017-2030
7.6 MEA
7.6.1 MEA payment gateway market, 2017-2030
7.6.2 MEA payment gateway market, by type, 2017-2030
7.6.3 MEA payment gateway market, by enterprise size, 2017-2030
7.6.4 MEA payment gateway market, by end use, 2017-2030
Chapter 8 Competitive Analysis
8.1 Recent Developments and Impact Analysis, by Key Market Participants
8.2 Competitive Dashboard Analysis
8.3 Company Market Positioning Analysis
8.4 List of key emerging companies/ technology disruptors/innovators
8.5 Company Geographical Presence
Chapter 9 Competitive Landscape
9.1 Adyen
9.1.1 Company overview
9.1.2 Financial performance
9.1.3 Product benchmarking
9.1.4 Strategic initiatives
9.2 Amazon Payments Inc.
9.2.1 Company overview
9.2.2 Financial performance
9.2.3 Product benchmarking
9.2.4 Strategic initiatives
9.3 Authorize.Net
9.3.1 Company overview
9.3.2 Financial performance
9.3.3 Product benchmarking
9.3.4 Strategic initiatives
9.4 Bitpay, Inc.
9.4.1 Company overview
9.4.2 Financial performance
9.4.3 Product benchmarking
9.4.4 Strategic initiatives
9.5 Braintree
9.5.1 Company overview
9.5.2 Financial performance
9.5.3 Product benchmarking
9.5.4 Strategic initiatives
9.6 PayPal Holdings, Inc.
9.6.1 Company overview
9.6.2 Financial performance
9.6.3 Product benchmarking
9.6.4 Strategic initiatives
9.7 PayU Group
9.7.1 Company overview
9.7.1 Financial performance
9.7.2 Product benchmarking
9.7.3 Strategic initiatives
9.8 Stripe
9.8.1 Company overview
9.8.2 Financial performance
9.8.3 Product benchmarking
9.8.4 Strategic initiatives
9.9 Verifone Holdings Inc.
9.9.1 Company overview
9.9.2 Financial performance
9.9.3 Product benchmarking
9.9.4 Strategic initiatives
9.10 Wepay, Inc.
9.10.1 Company overview
9.10.2 Financial performance
9.10.3 Product benchmarking
9.10.4 Strategic initiatives
List of Tables
Table 1 Payment gateway market-Industry snapshot & key buying criteria, 2017-2030
Table 2 Global payment gateway market, 2017-2030 (USD Billion)
Table 3 Global payment gateway market, by region, 2017-2030 (USD Billion)
Table 4 Global payment gateway market, by type, 2017-2030 (USD Billion)
Table 5 Global payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 6 Global payment gateway market, by end use, 2017-2030 (USD Billion)
Table 7 Vendor landscape
Table 8 Payment gateway market-Key market driver impact
Table 9 Payment gateway market-Key market restraint impact
Table 10 Hosted payment gateway market, 2017-2030 (USD Billion)
Table 11 Hosted payment gateway market, by region, 2017-2030 (USD Billion)
Table 12 Non-hosted payment gateway market, 2017-2030 (USD Billion)
Table 13 Non-hosted payment gateway market, by region, 2017-2030 (USD Billion)
Table 14 Payment gateway market for large enterprises, 2017-2030 (USD Billion)
Table 15 Payment gateway market for large enterprises, by region, 2017-2030 (USD Billion)
Table 16 Payment gateway market for small & medium enterprises, 2017-2030 (USD Billion)
Table 17 Payment gateway market for small & medium enterprises, by region, 2017-2030 (USD Billion)
Table 18 Payment gateway market in BFSI, 2017-2030 (USD Billion)
Table 19 Payment gateway market in BFSI, by region, 2017-2030 (USD Billion)
Table 20 Payment gateway market in media & entertainment, 2017-2030 (USD Billion)
Table 21 Payment gateway market in media & entertainment, by region, 2017-2030 (USD Billion)
Table 22 Payment gateway market in retail & e-commerce, 2017-2030 (USD Billion)
Table 23 Payment gateway market in retail & e-commerce, by region, 2017-2030 (USD Billion)
Table 24 Payment gateway market in travel & hospitality, 2017-2030 (USD Billion)
Table 25 Payment gateway market in travel & hospitality, by region, 2017-2030 (USD Billion)
Table 26 Payment gateway market in other end uses, 2017-2030 (USD Billion)
Table 27 Payment gateway market in other end uses, by region, 2017-2030 (USD Billion)
Table 28 North America payment gateway market, 2017-2030 (USD Billion)
Table 29 North America payment gateway market, by type, 2017-2030 (USD Billion)
Table 30 North America payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 31 North America payment gateway market, by end use, 2017-2030 (USD Billion)
Table 32 U.S. payment gateway market, 2017-2030 (USD Billion)
Table 33 U.S. payment gateway market, by type, 2017-2030 (USD Billion)
Table 34 U.S. payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 35 U.S. payment gateway market, by end use, 2017-2030 (USD Billion)
Table 36 Canada payment gateway market, 2017-2030 (USD Billion)
Table 37 Canada payment gateway market, by type, 2017-2030 (USD Billion)
Table 38 Canada payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 39 Canada payment gateway market, by end use, 2017-2030 (USD Billion)
Table 40 Europe payment gateway market, 2017-2030 (USD Billion)
Table 41 Europe payment gateway market, by type, 2017-2030 (USD Billion)
Table 42 Europe payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 43 Europe payment gateway market, by end use, 2017-2030 (USD Billion)
Table 44 Germany payment gateway market, 2017-2030 (USD Billion)
Table 45 Germany payment gateway market, by type, 2017-2030 (USD Billion)
Table 46 Germany payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 47 Germany payment gateway market, by end use, 2017-2030 (USD Billion)
Table 48 U.K. payment gateway market, 2017-2030 (USD Billion)
Table 49 U.K. payment gateway market, by type, 2017-2030 (USD Billion)
Table 50 U.K. payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 51 U.K. payment gateway market, by end use, 2017-2030 (USD Billion)
Table 52 Asia Pacific payment gateway market, 2017-2030 (USD Billion)
Table 53 Asia Pacific payment gateway market, by type, 2017-2030 (USD Billion)
Table 54 Asia Pacific payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 55 Asia Pacific payment gateway market, by end use, 2017-2030 (USD Billion)
Table 56 China payment gateway market, 2017-2030 (USD Billion)
Table 57 China payment gateway market, by type, 2017-2030 (USD Billion)
Table 58 China payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 59 China payment gateway market, by end use, 2017-2030 (USD Billion)
Table 60 India payment gateway market, 2017-2030 (USD Billion)
Table 61 India payment gateway market, by type, 2017-2030 (USD Billion)
Table 62 India payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 63 India payment gateway market, by end use, 2017-2030 (USD Billion)
Table 64 Japan payment gateway market, 2017-2030 (USD Billion)
Table 65 Japan payment gateway market, by type, 2017-2030 (USD Billion)
Table 66 Japan payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 67 Japan payment gateway market, by end use, 2017-2030 (USD Billion)
Table 68 Latin America payment gateway market, 2017-2030 (USD Billion)
Table 69 Latin America payment gateway market, by type, 2017-2030 (USD Billion)
Table 70 Latin America payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 71 Latin America payment gateway market, by end use, 2017-2030 (USD Billion)
Table 72 Brazil payment gateway market, 2017-2030 (USD Billion)
Table 73 Brazil payment gateway market, by type, 2017-2030 (USD Billion)
Table 74 Brazil payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 75 Brazil payment gateway market, by end use, 2017-2030 (USD Billion)
Table 76 MEA payment gateway market, 2017-2030 (USD Billion)
Table 77 MEA payment gateway market, by type, 2017-2030 (USD Billion)
Table 78 MEA payment gateway market, by enterprise size, 2017-2030 (USD Billion)
Table 79 MEA payment gateway market, by end use, 2017-2030 (USD Billion)
List of Figures
Fig. 1 Market segmentation and scope
Fig. 2 Global payment gateway market, 2017 - 2030 (USD Billion)
Fig. 3 Payment gateway market - Value chain analysis
Fig. 4 Payment gateway market dynamics
Fig. 5 Key opportunities prioritized
Fig. 6 Payment gateway market - Porter’s five forces analysis
Fig. 7 Payment gateway market - Key company market share analysis, 2021
Fig. 8 Payment gateway market - PESTEL analysis
Fig. 9 Payment gateway market, by type, 2021
Fig. 10 Payment gateway market, by enterprise size, 2021
Fig. 11 Payment gateway market, by end use, 2021
Fig. 12 Payment gateway market, by region, 2021
Fig. 13 Payment gateway market - Regional takeaways
Fig. 14 North America payment gateway market - Key takeaways
Fig. 15 Europe payment gateway market - Key takeaways
Fig. 16 Asia Pacific payment gateway market - Key takeaways
Fig. 17 Latin America payment gateway market - Key takeaways
Fig. 18 MEA payment gateway market - Key takeaways

Companies Mentioned

  • Adyen
  • Amazon Payments Inc.
  • Authorize.Net
  • Bitpay, Inc.
  • Braintree
  • Paypal Holdings, Inc.
  • Payu Group
  • Stripe
  • Verifone Holdings Inc.
  • Wepay, Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages130
PublishedFebruary 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 26.79 Billion
Forecasted Market Value ( USD ) by 2030 $ 132.24 Billion
Compound Annual Growth Rate22.1%
Regions CoveredGlobal
No. of Companies Mentioned10

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