Global Payment-as-a-Service Market 2022-2026: Rise in Mobile Biometrics for Payments and Growing Need to Provide Better CX

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DUBLIN, March 25, 2022–(BUSINESS WIRE)–The “Global Payment as a Service Market 2022-2026” report has been added to from ResearchAndMarkets.com offer.

The publisher monitors the payment-as-a-service market and it is poised to grow by $9.09 million over the period 2022-2026, accelerating at a CAGR of 15.19%

This study identifies the strong explosion of smart phones as one of the major reasons for the growth of the payment-as-a-service market over the next few years. The market is driven by the high adoption of contactless payment solutions and is also expected to drive the market growth.

This Payment as a Service Market report provides holistic analysis, market size and forecast, trends, growth drivers and challenges, and vendor analysis covering around 25 vendors. The report offers up-to-date analysis regarding the current global market scenario, latest trends and drivers, and overall market environment. The payment-as-a-service market analysis includes application segment and geographical landscape.

The publisher’s robust vendor analysis is designed to help clients improve their market position, and in line with that, this report provides a detailed analysis of several leading vendors in the Payment as a Service market, including Agilysys Inc., Aurus Inc., First American Payment Systems LP, Fidelity National Information Services Inc., Fiserv Inc., Helcim Inc., Ingenico Group SA, Paysafe Ltd., Total System Services LLC and VeriFone Inc.

In addition, the Payment as a Service Market analysis report includes insights into upcoming trends and challenges that will influence the growth of the market. It’s about helping businesses strategize and take advantage of all the growth opportunities ahead.

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

Main topics covered:

1. Summary

2. Market landscape

2.1 Market ecosystem

2.2 Value chain analysis

3. Market sizing

3.1 Market definition

3.2 Market Segment Analysis

3.3 Market Size 2020

3.4 Market Outlook: Forecast 2020 – 2025

4. Five forces analysis

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 Trade – Market Size and Forecast 2020-2025 ($million)

Figure 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 (USD 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 (USD 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)

Figure 23: Other sports – 12-month growth 2020-2025 (%)

5.7 Market Opportunity by Application

Exhibit 24: Market opportunity by application

6. Customer Landscape

7. Geographic landscape

8. Drivers, challenges and trends

8.1 Market Drivers

8.1.1 Strong adoption of contactless payment solutions

8.1.2 Strong explosion of smartphones

8.1.3 Global initiatives to promote payment services

8.2 Market Challenges

8.2.1 Lack of awareness of 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 about cyberattacks

8.3 Market trends

8.3.1 Rise of mobile biometrics for payment

8.3.2 Growing need to provide a better customer experience

8.3.3 Adoption of multi-factor authentication

9. Supplier Landscape

9.1 Landscape disturbance

10. Vendor Analysis

  • Agilysys Inc.

  • Aurus Inc.

  • First American Payment Systems LP

  • Fidelity National Information Services Inc.

  • Fiserv Inc.

  • Helcim inc.

  • Ingenico Group SA

  • Paysafe Ltd.

  • Total System Services LLC

  • Verifone Inc.

For more information about this report visit https://www.researchandmarkets.com/r/h2wfjn

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220325005261/en/

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