Cross-border Payments: Global Market Trends and Forecast (2022-2027)
Report Highlights
The goal is to provide an up-to-date analysis of the global cross-border payment market and future opportunities in the market. The report provides an overview of the global cross-border payment market and analyzes market trends. The report covers the market for cross-border payments with regard to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The scope of the study includes cross-border payment development solutions and services associated with the platform. However, software and deployment within the cross-border payment platform, predeveloped cross-border payment applications, and physical services have been excluded from the study.
Report Includes
- A brief general outlook and up-to-date analysis of the global market for cross-border payments and technologies
- Analyses of the global market trends, with market revenue (sales data) for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Understanding of the emerging technologies and upcoming market opportunities for cross-border payments, and areas of focus to forecast the market into various segments and sub-segments
- Estimation of the actual market size and revenue forecast for global cross-border payments market in USD million terms, and corresponding market share analysis by transactions type, organization size, end-use industry, and geographic region
- Identification of the companies that are considered as leaders in the financial technology field, as well as technological means these companies are using to exploit their markets and dominate the market in their fields
- Coverage of the technological, economic, and business considerations of the global cross-border payments market with analyses and growth forecasts through 2027
- Insight into recent industry structure, current competitive environment, R&D activities, new product launches, and company value share analysis based on their segmental revenues
Report Scope
In this report, the market has been segmented based on transaction type, organization size, end-use industry, and geography. The report provides an overview of the global cross-border payment market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period of 2022 to 2027. Revenue forecasts for this period are segmented based on transaction type, organization size, end-use industry, and geography. Market values have been estimated based on the total revenue of cross-border payment solutions and services providers.
The report covers the market for cross-border payments with regard to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for cross-border payments in 2021 and provides projections for the expected market size through 2027.
The scope of the study includes cross-border payment development solutions and services associated with the platform. However, software and deployment within the cross-border payment platform, predeveloped cross-border payment applications, and physical services have been excluded from the study.
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2021 |
| Forecast period considered | 2022 to 2027 |
| Base year market size | $176.5 billion |
| Market size forecast | $238.9 billion |
| Growth rate | CAGR of 5.3% for the forecast period of 2022-2027 |
| Units considered | $ Millions |
| Segments covered | Transaction type, Organization size, End-use industry, and Region |
| Regions covered | North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa |
| Countries covered | U.S., Canada, U.K., Germany, Rest of Europe, China, India, Japan, Rest of APAC, Brazil, Mexico, and Rest of Latin America |
| Key Market Drivers |
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| Companies studied |
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