Payment as a Service Market Size, Share, Growth, Forecast 2032
Payment as a Service Market by Service (Platform and Services), By Service (Managed Services and Professional Services) By Vertical (Media and Entertainment, Hospitality, Healthcare, Retail, BFSI and Others)- Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032.-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 16.20 Billion | USD 65.20 Billion | 16.73% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- 1.3.3. Level 1: Primary Research
- 1.3.4. Level 2: Secondary Research
- 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
- 1.1. Report Description
- Chapter 2. Executive Summary
- 2.1. Global Payment as a Service Market, 2016-2026, (USD Billion)
- 2.2. Global Payment as a Service Market: Market snapshot
- Chapter 3. Global Payment as a Service Market – Industry Analysis
- 3.1. Introduction
- 3.2. Industry ecosystem analysis
- 3.3. Technology landscape
- 3.4. Market Drivers
- 3.4.1. Regulatory Initiatives to Promote Payment Sulutions Thriving on Secure and Real-Time Transactions
- 3.5. Restraints
- 3.5.1. Lack of Unification of Global Standards for Cross Border Payments
- 3.6. Opportunity
- 3.6.1. Government Initiatives Change the Favoring Adoption of Payment as a Service By Merchants
- 3.7. Innovation & sustainability
- 3.8. Regulatory landscape
- 3.9. Porter’s Five Forces Analysis
- 3.10. PESTEL Analysis
- 3.11. Payment as a Service Market: Market Attractiveness Analysis
- 3.11.1. Market Attractiveness Analysis by Component Segment
- 3.11.2. Market Attractiveness Analysis by Service Segment
- 3.11.3. Market Attractiveness Analysis by Vertical Segment
- 3.11.4. Market Attractiveness Analysis by Regional Segment
- Chapter 4. Global Payment as a Service Market - Competitive Landscape
- 4.1. Company Market Share Analysis, 2019
- 4.2. Strategic Development
- 4.2.1. Acquisitions and Mergers
- 4.2.2. New Component Launch
- 4.2.3. Agreements, Partnerships, Cullaborations and Joint Ventures
- 4.2.4. Research & Development and Regional Expansion
- Chapter 5. Global Payment as a Service Market – Component Segment Analysis
- 5.1. Global Payment as a Service Market Revenue Share, by Component, 2016 & 2026 (USD Billion)
- 5.2. Global Payment as a Service Market by Platform, 2016 – 2026 (USD Billion)
- 5.3. Global Payment as a Service Market by Service, 2016 – 2026 (USD Billion)
- Chapter 6. Global Payment as a Service Market – Service Segment Analysis
- 6.1. Global Payment as a Service Market Revenue Share, by Service, 2016 & 2026 (USD Billion)
- 6.2. Global Payment as a Service Market by Managed Services, 2016 – 2026 (USD Billion)
- 6.3. Global Payment as a Service Market by Professional Services, 2016 – 2026 (USD Billion)
- Chapter 7. Global Payment as a Service Market – Vertical Segment Analysis
- 7.1. Global Payment as a Service Market Revenue Share, by Vertical, 2016 & 2026 (USD Billion)
- 7.2. Global Payment as a Service Market by Media and Entertainment, 2016 – 2026 (USD Billion)
- 7.3. Global Payment as a Service Market by Hospitality, 2016 – 2026 (USD Billion)
- 7.4. Global Payment as a Service Market by Healthcare, 2016 – 2026 (USD Billion)
- 7.5. Global Payment as a Service Market by Retail, 2016 – 2026 (USD Billion)
- 7.6. Global Payment as a Service Market by BFSI, 2016 – 2026 (USD Billion)
- 7.7. Global Payment as a Service Market by Others, 2016 – 2026 (USD Billion)
- Chapter 8. Global Payment as a Service Market - Regional Analysis
- 8.1. Global Payment as a Service Market: Regional Overview
- 8.1.1. Global Payment as a Service Market Revenue Share, By Region, 2016 & 2026 (USD Billion)
- 8.2. North America
- 8.2.1. North America Payment as a Service Market Revenue 2016 – 2026 (USD Billion)
- 8.2.2. North America Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
- 8.2.3. North America Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
- 8.2.4. North America Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
- 8.2.5. U.S.
- 8.2.5.1. U.S. Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.2.5.2. U.S. Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.2.5.3. U.S. Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.2.6. Rest of North America
- 8.2.6.1. Rest of North America Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.2.6.2. Rest of North America Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.2.6.3. Rest of North America Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.3. Europe
- 8.3.1. Europe Payment as a Service Market Revenue 2016 – 2026 (USD Billion)
- 8.3.2. Europe Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
- 8.3.3. Europe Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
- 8.3.4. Europe Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
- 8.3.5. UK
- 8.3.5.1. UK Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.3.5.2. UK Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.3.5.3. UK Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.3.6. France
- 8.3.6.1. France Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.3.6.2. France Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.3.6.3. France Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.3.7. Germany
- 8.3.7.1. Germany Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.3.7.2. Germany Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.3.7.3. Germany Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.3.7.3.1.1. Rest of Europe
- 8.3.7.4. Rest of Europe Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.3.7.5. Rest of Europe Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.3.7.6. Rest of Europe Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Payment as a Service Market Revenue 2016 – 2026 (USD Billion)
- 8.4.2. Asia Pacific Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
- 8.4.3. Asia Pacific Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
- 8.4.4. Asia Pacific Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
- 8.4.5. China
- 8.4.5.1. China Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.4.5.2. China Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.4.5.3. China Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.4.6. Japan
- 8.4.6.1. Japan Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.4.6.2. Japan Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.4.6.3. Japan Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.4.7. India
- 8.4.7.1. India Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.4.7.2. India Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.4.7.3. India Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.4.8. Rest of Asia Pacific
- 8.4.8.1. Rest of Asia Pacific Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.4.8.2. Rest of Asia Pacific Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.4.8.3. Rest of Asia Pacific Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.5. Latin America
- 8.5.1. Latin America Payment as a Service Market Revenue 2016 – 2026 (USD Billion)
- 8.5.2. Latin America Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
- 8.5.3. Latin America Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
- 8.5.4. Latin America Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
- 8.5.5. Brazil
- 8.5.5.1. Brazil Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.5.5.2. Brazil Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.5.5.3. Brazil Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.5.6. Rest of Latin America
- 8.5.6.1. Rest of Latin America Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.5.6.2. Rest of Latin America Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.5.6.3. Rest of Latin America Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.6. Middle East & Africa
- 8.6.1. Middle East & Africa Payment as a Service Market Revenue 2016 – 2026 (USD Billion)
- 8.6.2. Middle East & Africa Payment as a Service Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 8.6.3. Middle East & Africa Payment as a Service Market Revenue, by Service, 2016 – 2026 (USD Billion)
- 8.6.4. Middle East & Africa Payment as a Service Market Revenue, by Vertical, 2016 – 2026 (USD Billion)
- 8.1. Global Payment as a Service Market: Regional Overview
- Chapter 9. Company Profiles
- 9.1. TSYS
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Component portfulio
- 9.1.4. Business strategy
- 9.1.5. Recent developments
- 9.2. First Data
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Component portfulio
- 9.2.4. Business strategy
- 9.2.5. Recent developments
- 9.3. Verifone
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Component portfulio
- 9.3.4. Business strategy
- 9.3.5. Recent developments
- 9.4. Paysafe
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Component portfulio
- 9.4.4. Business strategy
- 9.4.5. Recent developments
- 9.5. Aurus
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Component portfulio
- 9.5.4. Business strategy
- 9.5.5. Recent developments
- 9.6. Ingenico
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Component portfulio
- 9.6.4. Business strategy
- 9.6.5. Recent developments
- 9.7. Pineapple Payments
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Component portfulio
- 9.7.4. Business strategy
- 9.7.5. Recent developments
- 9.8. Agilysys
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Component portfulio
- 9.8.4. Business strategy
- 9.8.5. Recent developments
- 9.9. First American Payment Systems
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Component portfulio
- 9.9.4. Business strategy
- 9.9.5. Recent developments
- 9.10. Alpha Fintech
- 9.10.1. Overview
- 9.10.2. Financials
- 9.10.3. Component portfulio
- 9.10.4. Business strategy
- 9.10.5. Recent developments
- 9.11. FIS
- 9.11.1. Overview
- 9.11.2. Financials
- 9.11.3. Component portfulio
- 9.11.4. Business strategy
- 9.11.5. Recent developments
- 9.1. TSYS
Table Of Figures
List of Figures
1. Global Payment as a Service Market Segmentation by Component, Service, Vertical, Verticals, and Geography
2. Global Payment as a Service Market, 2016-2026 (USD Billion)
3. Porter’s Five Forces Analysis: Payment as a Service Market
4. Global Payment as a Service Market Attractiveness, by Component
5. Global Payment as a Service Market Attractiveness, by Service
6. Global Payment as a Service Market Attractiveness, by Vertical
7. Global Payment as a Service Market Attractiveness, by Regional
8. Global Payment as a Service Market Revenue Share, by Component, 2016 & 2026 (USD Billion)
9. Global Payment as a Service Market by Platform, 2016 – 2026 (USD Billion)
10. Global Payment as a Service Market by Service, 2016 – 2026 (USD Billion)
11. Global Payment as a Service Market Revenue Share, by Service, 2016 & 2026 (USD Billion)
12. Global Payment as a Service Market by Managed Services, 2016 – 2026 (USD Billion)
13. Global Payment as a Service Market by Professional Services, 2016 – 2026 (USD Billion)
14. Global Payment as a Service Market Revenue Share, by Vertical, 2016 & 2026 (USD Billion)
15. Global Payment as a Service Market by Media and Entertainment, 2016 – 2026 (USD Billion)
16. Global Payment as a Service Market by Hospitality, 2016 – 2026 (USD Billion)
17. Global Payment as a Service Market by Healthcare, 2016 – 2026 (USD Billion)
18. Global Payment as a Service Market by Retail, 2016 – 2026 (USD Billion)
19. Global Payment as a Service Market by BFSI, 2016 – 2026 (USD Billion)
20. Global Payment as a Service Market by Others, 2016 – 2026 (USD Billion)
21. Global Payment as a Service Market Revenue Share, by Region, 2016-2026 (USD Billion)
22. North America Payment as a Service Market, 2016-2026, (USD Billion)
23. Europe Payment as a Service Market, 2016-2026, (USD Billion)
24. Asia Pacific Payment as a Service Market, 2016-2026 (USD Billion)
25. Latin America Payment as a Service Market, 2016 – 2026 (USD Billion)
26. Middle East & Africa Payment as a Service Market, 2016 – 2026, (USD Billion)
Table Of Tables
List of Tables
1. Global payment as a service market snapshot
2. Drivers for payment as a service market: Impact analysis
3. Restraints of payment as a service market: Impact analysis
4. North America Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
5. North America Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
6. North America Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
7. U.S. Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
8. U.S. Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
9. U.S. Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
10. Rest of North America Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
11. Rest of North America Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
12. Rest of North America Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
13. Europe Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
14. Europe Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
15. Europe Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
16. UK Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
17. UK Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
18. UK Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
19. France Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
20. France Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
21. France Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
22. Germany Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
23. Germany Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
24. Germany Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
25. Rest of Europe Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
26. Rest of Europe Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
27. Rest of Europe Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
28. Asia Pacific Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
29. Asia Pacific Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
30. Asia Pacific Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
31. China Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
32. China Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
33. China Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
34. Japan Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
35. Japan Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
36. Japan Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
37. India Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
38. India Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
39. India Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
40. Rest of Asia Pacific Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
41. Rest of Asia Pacific Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
42. Rest of Asia Pacific Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
43. Latin America Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
44. Latin America Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
45. Latin America Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
46. Brazil Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
47. Brazil Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
48. Brazil Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
49. Rest of Latin America Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
50. Rest of Latin America Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
51. Rest of Latin America Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
52. Middle East & Africa Payment as a Service Market Revenue, By Component, 2016 – 2026 (USD Billion)
53. Middle East & Africa Payment as a Service Market Revenue, By Service, 2016 – 2026 (USD Billion)
54. Middle East & Africa Payment as a Service Market Revenue, By Vertical, 2016 – 2026 (USD Billion)
Methodology
FrequentlyAsked Questions
Payment as a Service (PaaS) refers to a financial technology (FinTech) model in which companies or businesses outsource their payment processing needs to a third-party provider. In this model, the third-party provider offers a comprehensive suite of payment-related services and tools that enable businesses to accept and process various types of payments, such as credit cards, debit cards, digital wallets, and other electronic payment methods.
The growth of the Payment as a Service (PaaS) market can be influenced by various factors that impact the financial technology landscape, business needs, regulatory environment, and technological advancements.
payment as a service was valued USD 5.59 Billion in 2019 and is expected to reach around USD 25.64 Billion by 2026.
the payment as a service market at a CAGR approximately 24.42% for the forecast period from 2020 to 2026.
The market is estimated from 2020 to 2026. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Key competitors included in this report are TSYS, First Data, Verifone, Paysafe, Aurus, Ingenico, Pineapple Payments, Agilysys, First American Payment Systems, Alpha Fintech and FIS among others.
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