Report overview
?Person to person? (P2P) payment is the online tech that permits users to transact money from their credit card or bank account to account for another person through the Internet. It is founded on the triumphant Paypal method where a user with a trusted 3rd-party vendor establish the protected connection of accounts, assigning their credit card or bank account data for accepting and transferring funds.
This report aims to provide a comprehensive presentation of the global market for P2P Payment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding P2P Payment. This report contains market size and forecasts of P2P Payment in global, including the following market information:
Global P2P Payment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global P2P Payment market was valued at US$ 2394.9 million in 2022 and is projected to reach US$ 4633.2 million by 2029, at a CAGR of 9.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
NFC/Smartcard Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of P2P Payment include PayPal Pte. Ltd., Tencent., Square, Inc., Circle Internet Financial Limited, clearXchange., SnapCash, Dwolla, Inc., TransferWise Ltd. and CurrencyFair LTD, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the P2P Payment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global P2P Payment Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global P2P Payment Market Segment Percentages, by Type, 2022 (%)
NFC/Smartcard
SMS
Mobile Apps
Global P2P Payment Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global P2P Payment Market Segment Percentages, by Application, 2022 (%)
Retail Payments
Travels & Hospitality Payments
Transportation & Logistics Payments
Energy & Utilities Payments
Others
Global P2P Payment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global P2P Payment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies P2P Payment revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies P2P Payment revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
PayPal Pte. Ltd.
Tencent.
Square, Inc.
Circle Internet Financial Limited
clearXchange.
SnapCash
Dwolla, Inc.
TransferWise Ltd.
CurrencyFair LTD
One97 Communications Ltd.
Outline of Major Chapters:
Chapter 1: Introduces the definition of P2P Payment, market overview.
Chapter 2: Global P2P Payment market size in revenue.
Chapter 3: Detailed analysis of P2P Payment company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of P2P Payment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.