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E-commerce payment market explored in latest research

Financial Services Market Research

The report covers the present scenario and the growth prospects of the global E-commerce payment market for the forecast period 2018-2022.

Technavio recognizes the following companies as the key players in the global E-commerce payment market: Alibaba Group, PayPal, Visa, and Mastercard.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rise in mobile biometrics for payment. As per the current market scenario, the use of mobile devices for conducting financial and e-commerce transactions has increased significantly.

Thus, this increasing trend is leading towards rapid innovation of biometrics technologies such as fingerprint recognition, voice recognition, iris recognition, signature recognition, keystroke recognition, and facial recognition”

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According to the report, one driver in the market is rise in the usage of wireless networks.

In the current market scenario, increasing internet and wireless broadband penetration are one of the primary drivers for the growth of the e-commerce market as it is driving the social and the mobility phenomenon across the market

Further, the report states that one challenge in the market is security and privacy concerns. Payment service providers use online cookies to gather personal data and customer information so that they can customize advertising messages to target key audiences.

The indiscriminate use of cookies can infringe client privacy, while location-based online services have raised privacy concerns because these can reveal the geographical location of the customer

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 a SWOT analysis of the key vendors.

About E-commerce Payment

E-commerce Payment refers to transactions that occurs while buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, electronic funds transfer, Internet banking, online transaction processing, electronic data interchange (EDI), and automated data collection systems.

Technavio’s analysts forecast the global E-commerce payment market will register a revenue of almost USD 135 billion by 2022.

Covered in this report 
To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Access Full report with Table of Content:…market-2018-2022

Table of Content

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research methodology
PART 04: Market landscape
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 05: Market sizing
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 06: Five forces analysis
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 07: Market segmentation by application
• Segmentation by application
• Comparison by application
• Cards – Market size and forecast 2017-2022
• E-wallets – Market size and forecast 2017-2022
• Mobile – Market size and forecast 2017-2022
• Bank transfer – Market size and forecast 2017-2022
• Direct debits – Market size and forecast 2017-2022
• Market opportunity by application
PART 08: Customer landscape
PART 09: Regional landscape
• Geographical segmentation
• Regional comparison
• Americas – Market size and forecast 2017-2022
• EMEA – Market size and forecast 2017-2022

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