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.
Scope of the Report:
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.
The global E-commerce Payment market is valued at 786500 million USD in 2018 and is expected to reach 1455200 million USD by the end of 2024, growing at a CAGR of 10.8% between 2019 and 2024.
This Report analyses the past and current E-commerce Payment market values along with spotless study of the market in order to predict future market condition, trends, risk, challenges and opportunities between the forecast period from 2019 to 2024. The information will help shareholders and other business people to have a predominant understandings of the importance in which the global E-commerce Payment market is handled. A complete scenario is provided in the report which is then segmented according to E-commerce Payment product type, applications, regions and manufacturers.
Market Segmented By Prominent Players: Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover, .
- Revenue Forecast
- Year on Year Growth
- Emerging Regions
- Top Companies
This E-commerce Payment Industry research survey shares evolving new developments and technological trends through which our customers will be able shape their deep rooted innovative developments, set informative businesses options and also to perform important essentials.
The restraints, demand drivers, E-commerce Payment manufacturing technology and technological foundations are identified after a deep research on the E-commerce Payment market’s efficiency. Further, it explains supply chain, financial support, retailers analysis and marketing channels. The E-commerce Payment study report look into the sales volume of E-commerce Payment along with revenue, production, sales, supply and consumption, market share and growth rate of each type (Cash on delivery, Direct debits, E-invoices, Digital wallets, PostPay, PrePay, Pre-paid cards, Debit cards, Credit cards, Charge cards) and application (Application I, Application II,) alongside top to bottom research. A few different factors, for example, import, export, gross margin, value and cost are likewise examined.
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Our teams of analysts have successfully marked contemplated policy changes, favorable circumstances, industry news, developments and trends. Organization can mobilize all of this data to reinforce their market presence it packs different components of data collected from secondary sources including magazines, Internet, journals and press releases in the form of graphs, tables, number and pie-charts. The information is verified and validated through primary interviews and questionnaire.
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Moreover, it describes the E-commerce Payment market segment upstream and downstream, Raw Material and Suppliers, then analysis the cost structure, technical data and manufacturing plants capacity and commercial production. Evaluation of the market size and forecast of E-commerce Payment by product, region and application between the year 2019 to 2024 are also mentioned.
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