Instant Payments: Future Opportunities, Regional Analysis & Market Forecasts 2022-2027

The new Instant Payments research report presents an independent analysis of the future evolution of the highly dynamic instant payments market and instant payments technology. It provides a comprehensive study of the economic growth of the instant payments market, resulting changes in B2B (Business-to-Business) and consumer payments, and the challenges facing further instant payment adoption within the payment infrastructure.

The report positions 16 vendors in the Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the complex competitive landscape in the market and improve the overall customer experience.
This instant payments systems report also presents a comprehensive market forecast for the digital payments industry; providing extensive insights and actionable data across the below areas, split by 8 key regions and 60 countries.

• Instant payments transaction volume and value
• Splits by transaction type: B2B instant payments & consumer instant payments
• Splits by channel: domestic and cross-border payments

This research suite comprises:

• Market Trends & Strategies (PDF)
• Competitor Leaderboard (PDF)
• Data & Forecasts (PDF & Excel)
• 12 Months’ Access to harvest Online Data Platform

Key Market Statistics

Market size in 2022:

• $97bn

Market size in 2027:

• $376bn

2022 to 2027 Market Growth:

• 289%

Key Features

• Market Landscape, Regional Analysis & Segment Analysis: Provides a detailed analysis of the instant payments market, including key emerging trends, and the benefits and challenges of adopting instant payments. This also provides an in-depth breakdown of the unique aspects of the instant payment market in 15 key countries and regions, and the future outlook for instant payments adoption in those countries.

Key Takeaways & Strategic Recommendations: Key opportunities for instant payments vendors highlighted across the instant payments landscape; making for an important reading for key stakeholders, including payment service providers, financial institutions and governments.

Benchmark Industry Forecasts: 5-year forecasts are provided for total instant payments volume and value. This is also split into B2B instant payments and consumer instant payments, including the value and volume of those payments. This is further broken down by domestic and cross‑border instant payments to give a more granular view of the instant payments market. This data is also split by 8 key forecast regions and 60 countries for the forecast period:

North America:

• Canada, US

Latin America:

• Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay

West Europe:

• Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK

Central & East Europe:

• Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine

Far East & China:

• China, Hong Kong, Japan, South Korea

Indian Subcontinent:

• Bangladesh, India, Nepal, Pakistan

Rest of Asia Pacific:

• Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam

Africa & Middle East:

• Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates
• the Competitor Leaderboard: Key player capability and capacity assessment for 16 instant payments vendors, via the the Competitor Leaderboard.
• ACI Worldwide
• Bottomline
• Finastra
• FIS
• Fiserv
• FSS
• Mastercard
• Montran
• Nets
• Network for Electronic Communications
• Pelican
• SWIFT
• Tietoevry
• Visa
• Volante Technologies
• Worldline

Key Questions Answered

• What will the value of instant payments transactions be in 2027?
• Where are instant payments most used now, and where will they be most used in 5 years’ time?
• What trends will drive the greatest growth in instant payments?
• What role do central banks and regulators play in the adoption of instant payments?
• What barriers are there to the further adoption of instant payments?

The forecast suite includes:

• Volume of Instant Payments
• Value of Instant Payments
• Number of B2B Instant Payments
• Value of B2B Instant Payments
• Number of Instant Consumer Payments
• Value of Consumer Instant Payments

Geographic splits: 60
Number of tables: 39
Number of datapoints: 16,100

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables; overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and receive alerts whenever your data is updated.

Interactive Excel (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the interactive scenario tool, and compare selected markets side by side in custom charts and tables. IFxl greatly increase a client’s ability to both understand a particular market and to integrate their own views into the model.