E-commerce Payment is a transaction of buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange (EDI) and automated data collection systems. It has become increasingly popular due to the widespread use of the internet-based shopping and banking. Payment method security technology, payment customer experience are fast updating all the time. These are also the key features market players engaging to lead the run from all over the whole.
However, this trend is not expected to continue in 2016, as a growth rate of 17.5% is forecast, which would result in a global E-commerce turnover of $2,671bn. Even though this growth rate is still significant, its decrease can be seen as a first sign of the global E-commerce market becoming more mature.
In comparison with last year, China’s ecommerce market grew significantly faster than the one of the US. Compared to 2016, Chinese ecommerce sales grew by 27.2%, while in the US it grew by 8.99 %.For 2017 as well, the Chinese E-commerce market is expected to increase much faster than the American one (24% vs. 9%). As a result, it will continue to increase its lead even further.
In 2018, the global E-commerce Payment market size was 786500 million US$ and it is expected to reach 1792900 million US$ by the end of 2025, with a CAGR of 10.9% during 2019-2025.
This report focuses on the global E-commerce Payment status, future forecast, growth opportunity, key market and key players. The study objectives are to present the E-commerce Payment development in United States, Europe and China.
The key players covered in this study
Alipay
Tenpay
PayPal
Visa
MasterCard
China UnionPay
American Express
JCB
Discover
Market segment by Type, the product can be split into
Cash on delivery
Direct debits
E-invoices
Digital wallets
PostPay
PrePay
Pre-paid cards
Debit cards
Credit cards
Charge cards
Market segment by Application, split into
Application I
Application II
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global E-commerce Payment status, future forecast, growth opportunity, key market and key players.
To present the E-commerce Payment development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of E-commerce Payment are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on E-commerce Payment. Industry analysis & Market Report on E-commerce Payment is a syndicated market report, published as Global E-commerce Payment Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of E-commerce Payment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.