The latest update of “Global P2P Payment Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global P2P Payment Market.
Overview of the P2P Payment Market:
Peer-to-peer (P2P) payment is a new form of cashless payment that allows users to send money from one person to another. The benefits of this method of payment are convenience, low cost, and security. With the use of P2P payments, users can send money to friends and split bills with family members. These services have become increasingly popular and are rapidly gaining popularity in the U.S. The most common use for these services is to transfer small sums to friends and family members. The process of making a P2P payment is remarkably simple. Simply set up the service on the mobile phone or online banking. Enter the debit card PIN, choose the amount, and click 'Send Money'. Within seconds, the money will be sent to the recipient.
Drivers:
Growing penetration of smartphones in parallel to the wider acceptance across traditional banks is expected to augment the growth of the global P2P payment market throughout the forecast period. For instance, in December 2021, the India Brand Equity Foundation (IBEF) reported that around 173 million smartphone units were imported by India in 2021, a 14% rise from 2020. Furthermore, high demand from the e-commerce and m-commerce industries amidst a growing inclination towards online shopping is expected to support the growth of the global P2P payment market over the forecast period.
Restraints:
Increasing occurrences of data theft and a rising number of fraudulent providers on digital platforms are expected to limit the global P2P payment market's growth.
Regional Insights:
In terms of geography, Asia Pacific holds a commanding position in the global P2P payment market, owing to the high penetration of smartphones, the booming ecommerce and FinTech industries, and a large consumer base.
Another notable region is North America, which is performing well in the global P2P payment market on account of early adoption of IoT (Internet of Things) technology and the growing popularity of smart contracts.
Competitive Landscape:
- Major companies contributing to the global P2P payment market include One97 Communications Limited (Paytm), Circle International Financial Limited, Square Inc., Apple Inc., Alibaba, Wise Payments Limited, Zelle, WePay Inc., Google LLC, and PayPal Holdings Inc.
- In January 2022, Bybit, an emerging cryptocurrency exchange, enabled P2P transactions to provide users with fast and secure access.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global P2P Payment Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The P2P Payment Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Alibaba.com
- Apple Inc.
- Circle International Financial Limited
- Google LLC
- One97 Communications Limited (Paytm)
- PayPal Holdings Inc.
- Square Inc.
- WePay Inc.
- Wise Payments Limited Zelle
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global P2P Payment Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Mobile Web Payments
- Near Field Communication
- SMS/Direct Carrier Billing
- Others
By Applications, the market is segmented into:
- Media & Entertainment
- Energy & Utilities
- Healthcare
- Retail
- Hospitality & Transportation
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by P2P Payment Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global P2P Payment Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: P2P Payment Market
1.6.1 How the Covid-19 is Affecting the P2P Payment Market
1.6.1.1 P2P Payment Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and P2P Payment Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 P2P Payment Market Perspective (2015-2028)
2.2 P2P Payment Market Growth Trends by Regions
2.2.1 P2P Payment Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 P2P Payment Market Historic Market Share by Regions (2015-2021)
2.2.3 P2P Payment Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 P2P Payment Market Growth Strategy
2.3.6 Primary Interviews with Key P2P Payment Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top P2P Payment Market Players by Market Size
3.1.1 Global Top P2P Payment Market Players by Revenue (2015-2021)
3.1.2 Global P2P Payment Market Revenue Market Share by Players (2015-2021)
3.1.3 Global P2P Payment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global P2P Payment Market Concentration Ratio
3.2.1 Global P2P Payment Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by P2P Payment Market Revenue in 2019
3.3 P2P Payment Market Key Players Head office and Area Served
3.4 Key Players P2P Payment Market Product Solution and Service
3.5 Date of entering into P2P Payment Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global P2P Payment Market Historic Market Size by Type (2015-2021)
4.2 Global P2P Payment Market Forecasted Market Size by Type (2021-2028)
5 P2P Payment Market Breakdown Data by Application (2015-2028)
5.1 Global P2P Payment Market Size by Application (2015-2021)
5.2 Global P2P Payment Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America P2P Payment Market Size (2015-2021)
6.2 P2P Payment Market Key Players in North America (2019-2021)
6.3 North America P2P Payment Market Size by Type (2015-2021)
6.4 North America P2P Payment Market Size by Application (2015-2021)
7 Europe
7.1 Europe P2P Payment Market Size (2015-2021)
7.2 P2P Payment Market Key Players in Europe (2019-2021)
7.3 Europe P2P Payment Market Size by Type (2015-2021)
7.4 Europe P2P Payment Market Size by Application (2015-2021)
8 China
8.1 China P2P Payment Market Size (2015-2021)
8.2 P2P Payment Market Key Players in China (2019-2021)
8.3 China P2P Payment Market Size by Type (2015-2021)
8.4 China P2P Payment Market Size by Application (2015-2021)
9 Japan
9.1 Japan P2P Payment Market Size (2015-2021)
9.2 P2P Payment Market Key Players in Japan (2019-2021)
9.3 Japan P2P Payment Market Size by Type (2015-2021)
9.4 Japan P2P Payment Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia P2P Payment Market Size (2015-2021)
10.2 P2P Payment Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia P2P Payment Market Size by Type (2015-2021)
10.4 Southeast Asia P2P Payment Market Size by Application (2015-2021)
11 India
11.1 India P2P Payment Market Size (2015-2021)
11.2 P2P Payment Market Key Players in India (2019-2021)
11.3 India P2P Payment Market Size by Type (2015-2021)
11.4 India P2P Payment Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America P2P Payment Market Size (2015-2021)
12.2 P2P Payment Market Key Players in Central & South America (2019-2021)
12.3 Central & South America P2P Payment Market Size by Type (2015-2021)
12.4 Central & South America P2P Payment Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 P2P Payment Market Introduction
13.4 P2P Payment Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. P2P Payment Market Key Market Segments
Table 2. Key Players Covered: Ranking by P2P Payment Market Revenue
Table 3. Ranking of Global Top P2P Payment Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global P2P Payment Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for P2P Payment Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for P2P Payment Market Players to Combat Covid-19 Impact
Table 10. Global P2P Payment Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global P2P Payment Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global P2P Payment Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global P2P Payment Market Share by Regions (2015-2021)
Table 14. Global P2P Payment Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global P2P Payment Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. P2P Payment Market Growth Strategy
Table 20. Main Points Interviewed from Key P2P Payment Market Players
Table 21. Global P2P Payment Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global P2P Payment Market Share by Players (2015-2021)
Table 23. Global Top P2P Payment Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in P2P Payment Market as of 2019)
Table 24. Global P2P Payment Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players P2P Payment Market Product Solution and Service
Table 27. Date of entering into P2P Payment Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global P2P Payment Market Size by Type (2015-2021) (Million US$)
Table 30. Global P2P Payment Market Size Share by Type (2015-2021)
Table 31. Global P2P Payment Market Revenue Market Share by Type (2021-2028)
Table 31. Global P2P Payment Market Size Share by Application (2015-2021)
Table 33. Global P2P Payment Market Size by Application (2015-2021) (Million US$)
Table 34. Global P2P Payment Market Size Share by Application (2021-2028)
Table 35. North America Key Players P2P Payment Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players P2P Payment Market Share (2019-2021)
Table 37. North America P2P Payment Market Size by Type (2015-2021) (Million US$)
Table 38. North America P2P Payment Market Share by Type (2015-2021)
Table 39. North America P2P Payment Market Size by Application (2015-2021) (Million US$)
Table 40. North America P2P Payment Market Share by Application (2015-2021)
Table 41. Europe Key Players P2P Payment Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players P2P Payment Market Share (2019-2021)
Table 43. Europe P2P Payment Market Size by Type (2015-2021) (Million US$)
Table 44. Europe P2P Payment Market Share by Type (2015-2021)
Table 45. Europe P2P Payment Market Size by Application (2015-2021) (Million US$)
Table 46. Europe P2P Payment Market Share by Application (2015-2021)
Table 47. China Key Players P2P Payment Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players P2P Payment Market Share (2019-2021)
Table 49. China P2P Payment Market Size by Type (2015-2021) (Million US$)
Table 50. China P2P Payment Market Share by Type (2015-2021)
Table 51. China P2P Payment Market Size by Application (2015-2021) (Million US$)
Table 52. China P2P Payment Market Share by Application (2015-2021)
Table 53. Japan Key Players P2P Payment Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players P2P Payment Market Share (2019-2021)
Table 55. Japan P2P Payment Market Size by Type (2015-2021) (Million US$)
Table 56. Japan P2P Payment Market Share by Type (2015-2021)
Table 57. Japan P2P Payment Market Size by Application (2015-2021) (Million US$)
Table 58. Japan P2P Payment Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players P2P Payment Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players P2P Payment Market Share (2019-2021)
Table 61. Southeast Asia P2P Payment Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia P2P Payment Market Share by Type (2015-2021)
Table 63. Southeast Asia P2P Payment Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia P2P Payment Market Share by Application (2015-2021)
Table 65. India Key Players P2P Payment Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players P2P Payment Market Share (2019-2021)
Table 67. India P2P Payment Market Size by Type (2015-2021) (Million US$)
Table 68. India P2P Payment Market Share by Type (2015-2021)
Table 69. India P2P Payment Market Size by Application (2015-2021) (Million US$)
Table 70. India P2P Payment Market Share by Application (2015-2021)
Table 71. Central & South America Key Players P2P Payment Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players P2P Payment Market Share (2019-2021)
Table 73. Central & South America P2P Payment Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America P2P Payment Market Share by Type (2015-2021)
Table 75. Central & South America P2P Payment Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America P2P Payment Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in P2P Payment Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global P2P Payment Market Share by Type: 2021 VS 2028
Figure 2. Global P2P Payment Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. P2P Payment Market Report Years Considered
Figure 8. Global P2P Payment Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global P2P Payment Market Share by Regions: 2021 VS 2028
Figure 10. Global P2P Payment Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global P2P Payment Market Share by Players in 2019
Figure 13. Global Top P2P Payment Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in P2P Payment Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by P2P Payment Market Revenue in 2019
Figure 15. North America P2P Payment Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe P2P Payment Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China P2P Payment Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan P2P Payment Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia P2P Payment Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India P2P Payment Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America P2P Payment Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
Request Discount 
Inquire Before Buy
