The article cited AMA's Global Payment Gateway Solutions Market Study explored substantial growth with CAGR of %. According the report, The Rise of the Fintech
is one of the primary growth factors for the market. Booming Online Businesses Worldwide
is also expected to contribute significantly to the Payment Gateway Solutions market. Overall, Retail
applications of Payment Gateway Solutions, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as PayPal Holdings, Inc. (United States), Stripe (United States), Amazon Payments (United States), Skrill (United Kingdom), PayU (Netherlands), 2Checkout (United States), Authorize.net (United States), Payza (Canada) and SecurionPay (Switzerland) may see astonishing sales in this Market and certainly improve revenue growth.
The Business Size, such as Small and Medium Business, is boosting the Payment Gateway Solutions market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Payment Gateway Solutions market identified that the demand is rising in many different parts of the world as "The Emerging Demand from Developing Nations". Furthermore, some recent industry insights like "On 3 April 2017, Avangate, the global eCommerce and subscription billing platform for software, SaaS, and digital solutions, announces its acquisition of 2Checkout, a global payment processor. The combined company will offer the industry's most comprehensive product and service suite in the subscription billing and eCommerce space, linking payment model flexibility with advanced eCommerce, recurring revenue management, and marketing capabilities on a global level." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Payment Gateway Solutions market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Payment Gateway Solutions market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Payment Gateway Solutions market tight? Which application/end-user category or Product Type [Online Payment Gateway and Offline Payment Gateway] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Payment Gateway Solutions market and other related sub-markets covered in the study.
o Key & emerging players in the Payment Gateway Solutions market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Payment Gateway Solutions market size is calculated using market estimation process, the Payment Gateway Solutions market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Payment Gateway Solutions market size has been validated using both top-down and bottom-up approaches.