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Payment Orchestration Platform Market Size, Share & Trends Analysis Report By Type (B2B, B2C, C2C), By Functionality, By End-use (BFSI, Healthcare, E-Commerce), By Region, And Segment Forecasts, 2023-2030

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    Report

  • 120 Pages
  • June 2023
  • Region: Global
  • Grand View Research
  • ID: 5644964
The global payment orchestration platform market size is expected to reach USD 6.52 billion by 2030, expanding at a CAGR of 24.7% from 2023 to 2030, according to a new study conducted by the publisher. The growing use of smartphones for making payments is anticipated to drive industry growth. Moreover, consumer awareness about multiple payment options and increasing expectations for secure and fast payments contributes significantly to industry development.

According to PYMNTS.com, 27% of small & medium business units across the U.S. have adopted contactless payment methods, and 19% of small & medium businesses have planned to shift towards an e-commerce business model fully or partially. Thus, such shifts require back-end support to manage the sales and the payments to ensure a smooth customer experience throughout the purchase process. Hence, such business shifts are expected to increase the adoption of payment orchestration platforms across various industries and fuel the market’s growth over the forecast period.

Adopting Payment Orchestration Platforms (POPs) offers numerous advantages, such as 24/7 payment services and operational cost-efficiency. Moreover, payment orchestration platform companies are involved in mergers, acquisitions, and partnerships to gain a competitive edge. Companies are also entering into a strategic partnership to develop the payment orchestration platform, thereby driving the growth of the market.

The pandemic has contributed positively to industry growth. Major hospitals and other essential service providers have shifted from traditional payment terminals to online payment methods. Thus, increasing digitalization and the introduction of tech-based payment terminals by key providers are projected to drive the industry's growth.

Payment Orchestration Platform Market Report Highlights

  • The B2C segment is expected to witness the fastest growth over the forecast period. The introduction of multiple payment platforms aggressively by major payment orchestration providers and the adoption of these platforms by e-commerce merchants worldwide is expected to drive the growth of the segment
  • The advanced analytics & reporting segment is expected to witness the fastest growth over the forecast period. The rising demand for AI-enabled payment platforms and centralized dashboards to increase business productivity is anticipated to drive segment growth
  • The e-commerce segment is anticipated to witness the fastest growth over the period. Changing customer expectations and behavior toward online shopping is leading merchants to opt for payment orchestration platforms, which is expected to propel the segment growth
  • The Asia Pacific regional market is expected to register rapid growth during the forecast period. The increasing migration of various businesses to this region and the growing e-commerce market is boosting the regional market growth

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.4. Information Analysis
1.4.1. Market Formulation & Data Visualization
1.4.2. Data Validation & Publishing
1.5. Research Scope and Assumptions
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Impact Analysis
3.3.1.1. Growing e-commerce platforms
3.3.1.2. Increasing penetration of smartphones and the internet
3.3.2. Market Challenge Impact Analysis
3.3.2.1. Data security risk
3.4. Impact of the COVID-19 Pandemic
3.5. Industry Analysis Tools
3.5.1. Porter’s Analysis
3.5.2. PESTEL Analysis
Chapter 4. Investment Landscape Analysis
4.1. Investor Strategies
4.2. Investor Vision & Goal Analysis
4.3. Funding Raised in Digital Payments
4.4. Investments Made in the E-commerce Sector
Chapter 5. FinTech Industry Highlights
5.1. FinTech Ecosystem Overview
5.2. FinTech Services Overview
5.3. Total FinTech Investment, 2017 - 2022 (USD Billion)
5.4. FinTech Regulatory Outlook
5.4.1. Government Regulations
5.4.2. Private/Association Regulations
5.5. FinTech Company Analysis - GVR Dashboard (Top 50 companies)
Chapter 6. Payment Orchestration Platform Market: Type Estimates & Trend Analysis
6.1. Type Movement Analysis & Market Share, 2022 & 2030
6.2. Payment Orchestration Platform Market Estimates & Forecast, By Type
6.2.1. B2B
6.2.2. B2C
6.2.3. C2C
Chapter 7. Payment Orchestration Platform Market: Functionality Estimates & Trend Analysis
7.1. Functionality Movement Analysis & Market Share, 2022 & 2030
7.2. Payment Orchestration Platform Market Estimates & Forecast, By Functionality
7.2.1. Cross Border Transactions
7.2.2. Risk Management
7.2.3. Advanced Analytics & Reporting
Chapter 8. Payment Orchestration Platform Market: End-Use Estimates & Trend Analysis
8.1. End-Use Movement Analysis & Market Share, 2022 & 2030
8.2. Payment Orchestration Platform Market Estimates & Forecast, By End-Use
8.2.1. BFSI
8.2.2. E-commerce
8.2.3. Healthcare
8.2.4. Travel & Hospitality
8.2.5. Others
Chapter 9. Payment Orchestration Platform Market: Regional Estimates & Trend Analysis
9.1. Payment Orchestration Platform Market: Regional Outlook
9.2. North America
9.2.1. North America payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.2.2. The U.S.
9.2.2.1. U.S. payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.2.3. Canada
9.2.3.1. Canada payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.3. Europe
9.3.1. Europe payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.3.2. UK
9.3.2.1. UK payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.3.3. Germany
9.3.3.1. Germany payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.3.4. France
9.3.4.1. France payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.4. Asia Pacific
9.4.1. Asia Pacific payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.4.2. China
9.4.2.1. China payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.4.3. India
9.4.3.1. India payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.4.4. Japan
9.4.4.1. Japan payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.4.5. South Korea
9.4.5.1. South Korea payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.4.6. Australia
9.4.6.1. Australia payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.5. Latin America
9.5.1. Latin America payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.5.2. Brazil
9.5.2.1. Brazil payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.5.3. Mexico
9.5.3.1. Mexico payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.6. Middle East & Africa
9.6.1. Middle East & Africa payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.6.2. The Kingdom of Saudi Arabia (KSA)
9.6.2.1. The Kingdom of Saudi Arabia (KSA) payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.6.3. UAE
9.6.3.1. UAE payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
9.6.4. South Arica
9.6.4.1. South Africa payment orchestration platform market estimates & forecasts, 2017 - 2030 (USD Million)
Chapter 10. Competitive Landscape
10.1. Company Categorization
10.2. Participant’s Overview
10.2.1. CellPoint Digital
10.2.2. IXOLIT Group
10.2.3. Payoneer Inc.
10.2.4. APEXX Fintech Limited
10.2.5. Rebilly
10.2.6. Spreedly
10.2.7. Modo Payments
10.2.8. Akurateco
10.2.9. BNT Soft
10.2.10. aye4fin GmbH
10.3. Financial Performance
10.4. Product Benchmarking
10.5. Company Market Positioning
10.6. Company Market Share Analysis, 2022
10.7. Company Heat Map Analysis
10.8. Strategy Mapping
10.8.1. Expansion
10.8.2. Collaborations
10.8.3. Mergers & Acquisitions
10.8.4. New Product Launches
10.8.5. Partnerships
10.8.6. Others
List of Tables
Table 1:. Global Payment Orchestration Platform Market, by Type, 2017-2030 (USD Million)
Table 2:. Global Payment Orchestration Platform Market, by Functionality, 2017-2030 (USD Million)
Table 3:. Global Payment Orchestration Platform Market, by End-Use, 2017-2030 (USD Million)
Table 4:. Company Market Share, 2022
Table 5:. Company Heat Map Analysis
Table 6:. Key companies undergoing expansion
Table 7:. Key companies undergoing collaborations
Table 8:. Key companies undergoing new product launch
Table 9:. Key companies undergoing mergers & acquisitions
Table 10:. Key companies undergoing other strategies
List of Figures
Fig. 1: Payment orchestration platform market segmentation
Fig. 2: Information procurement
Fig. 3: Data analysis models
Fig. 4: Market formulation and validation
Fig. 5: Data validating & publishing
Fig. 6: Market snapshot
Fig. 7: Segment snapshot
Fig. 8: Competitive landscape snapshot
Fig. 9: Parent Market Value, 2022 (USD Million)
Fig. 10: Payment orchestration platform market - Industry value chain analysis
Fig. 11: Payment orchestration platform market dynamics
Fig. 12: Payment orchestration platform market: Porters’s analysis
Fig. 13: Payment orchestration platform market: PESTEL analysis
Fig. 14: Payment orchestration platform market, by type: key takeaways
Fig. 15: Payment orchestration platform market, by type: market share, 2022 & 2030
Fig. 16: Payment orchestration platform market estimates & forecasts, by B2B, 2017-2030 (USD Million)
Fig. 17: Payment orchestration platform market estimates & forecasts, by B2C, 2017-2030 (USD Million)
Fig. 18: Payment orchestration platform market estimates & forecasts, by C2C, 2017-2030 (USD Million)
Fig. 19: Payment orchestration platform market, by Functionality: key takeaways
Fig. 20: Payment orchestration platform market, by Functionality: market share, 2022 & 2030
Fig. 21: Payment orchestration platform market estimates & forecasts, by cross border transactions, 2017-2030 (USD Million)
Fig. 22: Payment orchestration platform market estimates & forecasts, by risk management, 2017-2030 (USD Million)
Fig. 23: Payment orchestration platform market estimates & forecasts, by advance analytics & reporting, 2017-2030 (USD Million)
Fig. 24: Payment orchestration platform market, by End-Use: key takeaways
Fig. 25: Payment orchestration platform market, by End-Use: market share, 2022 & 2030
Fig. 26: Payment orchestration platform market estimates & forecasts, by BFSI, 2017-2030 (USD Million)
Fig. 27: Payment orchestration platform market estimates & forecasts, by e-commerce, 2017-2030 (USD Million)
Fig. 28: Payment orchestration platform market estimates & forecasts, by healthcare, 2017-2030 (USD Million)
Fig. 29: Payment orchestration platform market estimates & forecasts, by travel & hospitality, 2017-2030 (USD Million)
Fig. 30: Payment orchestration platform market estimates & forecasts, by others, 2017-2030 (USD Million)
Fig. 31: Payment orchestration platform market revenue, by region, 2022 & 2030 (USD Million)
Fig. 32: Regional marketplace: key takeaways
Fig. 33: North America payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 34: U.S. payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 35: Canada payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 36: Europe payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 37: U.K. Payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 38: Germany payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 39: France payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 40: Asia Pacific payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 41: China payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 42: India payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 43: Japan payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 44: South Korea payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 45: Australia payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 46: Latin America payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 47: Brazil payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 48: Mexico payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 49: Middle East & Africa payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 50: The Kingdom of Saudi Arabia (KSA) payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 51: UAE payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 52: South Africa payment orchestration platform market estimates & forecasts, 2017-2030 (USD Million)
Fig. 53: Key company categorization
Fig. 54: Company market positioning
Fig. 55: Company market share analysis, 2022
Fig. 56: Strategic framework

Companies Mentioned

  • CellPoint Digital
  • IXOLIT Group
  • Payoneer Inc.
  • APEXX Fintech Limited
  • Rebilly
  • Spreedly
  • Modo Payments
  • Akurateco
  • BNT Soft
  • aye4fin GmbH

Methodology

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Table Information