Digital Payment Market Size, Share, and Trends 2024 to 2034

The global digital payment market size is calculated at USD 170.24 billion in 2025 and is forecasted to reach around USD 701.51 billion by 2034, accelerating at a CAGR of 17.09% from 2025 to 2034. The North America digital payment market size surpassed USD 52.16 billion in 2024 and is expanding at a CAGR of 17.11% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2137
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Digital Payment Market 

5.1. COVID-19 Landscape: Digital Payment Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Digital Payment Market, By Component

8.1. Digital Payment Market, by Component

8.1.1. Solutions

8.1.1.1. Market Revenue and Forecast

8.1.2. Services

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Digital Payment Market, By Deployment Type

9.1. Digital Payment Market, by Deployment Type

9.1.1. On-premises

9.1.1.1. Market Revenue and Forecast

9.1.2. Cloud

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Digital Payment Market, By Organization Size 

10.1. Digital Payment Market, by Organization Size

10.1.1. Small and Medium-sized Enterprises

10.1.1.1. Market Revenue and Forecast

10.1.2. Large Enterprises

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Digital Payment Market, By Industry Vertical 

11.1. Digital Payment Market, by Industry Vertical

11.1.1. BFSI

11.1.1.1. Market Revenue and Forecast

11.1.2. Retail and Ecommerce

11.1.2.1. Market Revenue and Forecast

11.1.3. Healthcare

11.1.3.1. Market Revenue and Forecast

11.1.4. Travel and Hospitality

11.1.4.1. Market Revenue and Forecast

11.1.5. Transportation and Logistics

11.1.5.1. Market Revenue and Forecast

11.1.5. Media and Entertainment

11.1.5.1. Market Revenue and Forecast

11.1.5. Other

11.1.5.1. Market Revenue and Forecast

Chapter 12. Global Digital Payment Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Component

12.1.2. Market Revenue and Forecast, by Deployment Type

12.1.3. Market Revenue and Forecast, by Organization Size

12.1.4. Market Revenue and Forecast, by Industry Vertical

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Component

12.1.5.2. Market Revenue and Forecast, by Deployment Type

12.1.5.3. Market Revenue and Forecast, by Organization Size

12.1.5.4. Market Revenue and Forecast, by Industry Vertical

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Component

12.1.6.2. Market Revenue and Forecast, by Deployment Type

12.1.6.3. Market Revenue and Forecast, by Organization Size

12.1.6.4. Market Revenue and Forecast, by Industry Vertical

12.2. Europe

12.2.1. Market Revenue and Forecast, by Component

12.2.2. Market Revenue and Forecast, by Deployment Type

12.2.3. Market Revenue and Forecast, by Organization Size

12.2.4. Market Revenue and Forecast, by Industry Vertical

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Component

12.2.5.2. Market Revenue and Forecast, by Deployment Type

12.2.5.3. Market Revenue and Forecast, by Organization Size

12.2.5.4. Market Revenue and Forecast, by Industry Vertical

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Component

12.2.6.2. Market Revenue and Forecast, by Deployment Type

12.2.6.3. Market Revenue and Forecast, by Organization Size

12.2.6.4. Market Revenue and Forecast, by Industry Vertical

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Component

12.2.7.2. Market Revenue and Forecast, by Deployment Type

12.2.7.3. Market Revenue and Forecast, by Organization Size

12.2.7.4. Market Revenue and Forecast, by Industry Vertical

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Component

12.2.8.2. Market Revenue and Forecast, by Deployment Type

12.2.8.3. Market Revenue and Forecast, by Organization Size

12.2.8.4. Market Revenue and Forecast, by Industry Vertical

12.3. APAC

12.3.1. Market Revenue and Forecast, by Component

12.3.2. Market Revenue and Forecast, by Deployment Type

12.3.3. Market Revenue and Forecast, by Organization Size

12.3.4. Market Revenue and Forecast, by Industry Vertical

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Component

12.3.5.2. Market Revenue and Forecast, by Deployment Type

12.3.5.3. Market Revenue and Forecast, by Organization Size

12.3.5.4. Market Revenue and Forecast, by Industry Vertical

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Component

12.3.6.2. Market Revenue and Forecast, by Deployment Type

12.3.6.3. Market Revenue and Forecast, by Organization Size

12.3.6.4. Market Revenue and Forecast, by Industry Vertical

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Component

12.3.7.2. Market Revenue and Forecast, by Deployment Type

12.3.7.3. Market Revenue and Forecast, by Organization Size

12.3.7.4. Market Revenue and Forecast, by Industry Vertical

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Component

12.3.8.2. Market Revenue and Forecast, by Deployment Type

12.3.8.3. Market Revenue and Forecast, by Organization Size

12.3.8.4. Market Revenue and Forecast, by Industry Vertical

12.4. MEA

12.4.1. Market Revenue and Forecast, by Component

12.4.2. Market Revenue and Forecast, by Deployment Type

12.4.3. Market Revenue and Forecast, by Organization Size

12.4.4. Market Revenue and Forecast, by Industry Vertical

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Component

12.4.5.2. Market Revenue and Forecast, by Deployment Type

12.4.5.3. Market Revenue and Forecast, by Organization Size

12.4.5.4. Market Revenue and Forecast, by Industry Vertical

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Component

12.4.6.2. Market Revenue and Forecast, by Deployment Type

12.4.6.3. Market Revenue and Forecast, by Organization Size

12.4.6.4. Market Revenue and Forecast, by Industry Vertical

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Component

12.4.7.2. Market Revenue and Forecast, by Deployment Type

12.4.7.3. Market Revenue and Forecast, by Organization Size

12.4.7.4. Market Revenue and Forecast, by Industry Vertical

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Component

12.4.8.2. Market Revenue and Forecast, by Deployment Type

12.4.8.3. Market Revenue and Forecast, by Organization Size

12.4.8.4. Market Revenue and Forecast, by Industry Vertical

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Component

12.5.2. Market Revenue and Forecast, by Deployment Type

12.5.3. Market Revenue and Forecast, by Organization Size

12.5.4. Market Revenue and Forecast, by Industry Vertical

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Component

12.5.5.2. Market Revenue and Forecast, by Deployment Type

12.5.5.3. Market Revenue and Forecast, by Organization Size

12.5.5.4. Market Revenue and Forecast, by Industry Vertical

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Component

12.5.6.2. Market Revenue and Forecast, by Deployment Type

12.5.6.3. Market Revenue and Forecast, by Organization Size

12.5.6.4. Market Revenue and Forecast, by Industry Vertical

Chapter 13. Company Profiles

13.1. PayPal

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Fiserv

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. FIS

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Global Payments

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Mastercard

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Square

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. ACI Worldwide

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. JPMorgan Chase

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Apple Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. 2Checkout now Verifone

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global digital payment market size was accounted at USD 144.88 billion in 2024 and it is projected to hit around USD 701.51 billion by 2034.

The global digital payment market is poised to grow at a CAGR of 17.09% from 2025 to 2034.

The major players operating in the digital payment market are PayPal, Fiserv, FIS, Global Payments, Mastercard, Square, ACI Worldwide, JPMorgan Chase, Apple Inc., 2Checkout now Verifone, and OpenWay Group.

Increasing smartphone penetration, rising disposable income, and marketing efforts of both the government and brands to promote online shopping has boosted e-commerce sector, fueling digital payment market growth

North America region will lead the global digital payment market during the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client