+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Payment as a Service Market 2022-2026

  • PDF Icon

    Report

  • 120 Pages
  • November 2021
  • Region: Global
  • TechNavio
  • ID: 5550419
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The publisher has been monitoring the payment as a service market and it is poised to grow by $ 9.09 mn during 2022-2026, accelerating at a CAGR of 15.19% during the forecast period. This report on payment as a service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high adoption of contactless payment solutions and is anticipated to boost the growth of the market as well.

The payment as a service market analysis includes the application segment and geographic landscape.

The publisher's payment as a service market is segmented as below:


By Application


  • Retail
  • Healthcare
  • Hospitality
  • Others

By Geographical Landscape


  • APAC
  • Europe
  • North America
  • South America
  • MEA

This study identifies the high explosion of smartphonesas one of the prime reasons driving the payment as a service market growth during the next few years.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

This report on payment as a service market covers the following areas:


  • Payment as a service market sizing
  • Payment as a service market forecast
  • Payment as a service market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading payment as a service market vendors that include 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. Also, the payment as a service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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
  • Research and development
  • Developers or manufacturers
  • Sales and distribution
  • End-users

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
  • Publisher'scustomer 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 Geographical Landscape 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 Geographical Landscape
Exhibit 39: Market opportunity By Geographical Landscape ($ 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
List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Parent market
9: Market characteristics
10: Offerings of vendors included in the market definition
11: Market segments
12: Global - Market size and forecast 2021 - 2026 ($ million)
13: Global market: Year-over-year growth 2021 - 2026 (%)
14: Five forces analysis 2021 & 2026
15: Bargaining power of buyers
16: Bargaining power of suppliers
17: Threat of new entrants
18: Threat of substitutes
19: Threat of rivalry
20: Market condition - Five forces 2021
21: Application - Market share 2021-2026 (%)
22: Comparison by Application
23: Retail - Market size and forecast 2021-2026 ($ million)
24: Retail - Year-over-year growth 2021-2026 (%)
25: Healthcare - Market size and forecast 2021-2026 ($ million)
26: Healthcare - Year-over-year growth 2021-2026 (%)
27: Hospitality - Market size and forecast 2021-2026 ($ million)
28: Hospitality - Year-over-year growth 2021-2026 (%)
29: Others - Market size and forecast 2021-2026 ($ million)
30: Others - Year-over-year growth 2021-2026 (%)
31: Market opportunity by Application
32: Customer landscape
33: Market share By Geographical Landscape 2021-2026 (%)
34: Geographic comparison
35: APAC - Market size and forecast 2021-2026 ($ million)
36: APAC - Year-over-year growth 2021-2026 (%)
37: Europe - Market size and forecast 2021-2026 ($ million)
38: Europe - Year-over-year growth 2021-2026 (%)
39: North America - Market size and forecast 2021-2026 ($ million)
40: North America - Year-over-year growth 2021-2026 (%)
41: South America - Market size and forecast 2021-2026 ($ million)
42: South America - Year-over-year growth 2021-2026 (%)
43: MEA - Market size and forecast 2021-2026 ($ million)
44: MEA - Year-over-year growth 2021-2026 (%)
45: Key leading countries
46: Market opportunity By Geographical Landscape ($ million)
47: Impact of drivers and challenges
48: Vendor landscape
49: Landscape disruption
50: Industry risks
51: Vendors covered
52: Market positioning of vendors
53: Agilysys Inc. - Overview
54: Agilysys Inc. - Product and service
55: Agilysys Inc. - Key offerings
56: Agilysys Inc. - Key customers
57: Agilysys Inc. - Segment focus
58: Aurus Inc. - Overview
59: Aurus Inc. - Product and service
60: Aurus Inc. - Key offerings
61: Aurus Inc. - Key customers
62: Aurus Inc. - Segment focus
63: First American Payment Systems L.P. - Overview
64: First American Payment Systems L.P. - Product and service
65: First American Payment Systems L.P. - Key offerings
66: First American Payment Systems L.P. - Key customers
67: First American Payment Systems L.P. - Segment focus
68: Fidelity National Information Services Inc. - Overview
69: Fidelity National Information Services Inc. - Business segments
70: Fidelity National Information Services Inc. - Key offerings
71: Fidelity National Information Services Inc. - Key customers
72: Fidelity National Information Services Inc. - Segment focus
73: Fiserv Inc. - Overview
74: Fiserv Inc. - Business segments
75: Fiserv Inc. - Key offerings
76: Fiserv Inc. - Key customers
77: Fiserv Inc. - Segment focus
78: Helcim Inc. - Overview
79: Helcim Inc. - Product and service
80: Helcim Inc. - Key offerings
81: Helcim Inc. - Key customers
82: Helcim Inc. - Segment focus
83: Ingenico Group SA - Overview
84: Ingenico Group SA - Business segments
85: Ingenico Group SA - Key offerings
86: Ingenico Group SA - Key customers
87: Ingenico Group SA - Segment focus
88: Paysafe Ltd. - Overview
89: Paysafe Ltd. - Business segments
90: Paysafe Ltd. - Key offerings
91: Paysafe Ltd. - Key customers
92: Paysafe Ltd. - Segment focus
93: Total System Services LLC - Overview
94: Total System Services LLC - Product and service
95: Total System Services LLC - Key offerings
96: Total System Services LLC - Key customers
97: Total System Services LLC - Segment focus
98: VeriFone Inc. - Overview
99: VeriFone Inc. - Product and service
100: VeriFone Inc. - Key offerings
101: VeriFone Inc. - Key customers
102: VeriFone Inc. - Segment focus
103: Currency conversion rates for US$
104: Research Methodology
105: Validation techniques employed for market sizing
106: Information sources
107: List of abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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
  • VeriFone Inc.