
B2B Payments Market Size, Share, By Payment Type (Domestic Payments and Cross Border Payments), Payment Method (Bank Transfer, Cards, and Online Payments), Enterprise Type (Small & Medium Enterprises and Large Enterprises), Industry (Government, Manufactu
Description
B2B Payments Market Size, Share, By Payment Type (Domestic Payments and Cross Border Payments), Payment Method (Bank Transfer, Cards, and Online Payments), Enterprise Type (Small & Medium Enterprises and Large Enterprises), Industry (Government, Manufacturing, BFSI, Metal & Mining, IT & Telecom, Retail & E-commerce, and Others), and Region - Trends, Analysis and Forecast till 2035
By 2035, the market is predicted to enlarge at USD 4269 Billion.B2B payments market size was calculated at USD 1713.9 Billion in 2024.Target market is developing at a CAGR of 9.7%.
The report "Global B2B Payments Market, By Transaction Type (Traditional and Digital), By Business Segment (Small Sized Business, Medium Sized Business, and Large Sized Business), By Operating Channel (Cross Border and Domestic), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.
Key Highlights:
The major factors projected to drive the global market growth are gradual increase in income coupled with increase in consumer spending on goods and services. Additionally, factors such as increasing smart phones adoption, high internet penetration, is gradually increasing consumer’s preference for mobile payments through various applications which is anticipated to further influence the target market growth.
Developing government regulations related to cybercrime and improved infrastructure coupled with high government spending on cyber security, are factors creating revenue opportunities for the global market players. Furthermore, government of developed and developing are focused on development of payment infrastructure in order to facilitate the digital economy method coupled with launched of several application are factors positively propelling the global B2B payment market growth. Moreover, thriving e-commerce sector and with the introduction of new technology such as big data analytics, blockchain, AI, is projected to help financiers simplify the B2B payment system further propelling the revenue growth of the market.
Key Market Insights from the report:
The global B2B payments market accounted for US$ 732.4 billion in 2019 and is estimated to be US$ 1900.6 billion by 2029 and is anticipated to register a CAGR of 10.1%. The market report has been segmented on the basis of transaction type, business segment, operating channel, and region.
The prominent player operating in the global B2B payments market includes American Express Co. Inc., Bottomline Technologies Inc., Ant Financial Services Co. Ltd., Coupa Software Inc., Intuit Inc., JPMorgan Chase & Co., FleetCor Technologies Inc., MasterCard Inc., and SAP.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
About Prophecy Market Insights
Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
List of Key Players in the Market:
By Payment Type:
1. Introduction
2. Executive Summary
2. Competitive Analysis
Key Questions Answered:
By 2035, the market is predicted to enlarge at USD 4269 Billion.B2B payments market size was calculated at USD 1713.9 Billion in 2024.Target market is developing at a CAGR of 9.7%.
The report "Global B2B Payments Market, By Transaction Type (Traditional and Digital), By Business Segment (Small Sized Business, Medium Sized Business, and Large Sized Business), By Operating Channel (Cross Border and Domestic), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.
Key Highlights:
- In August 2019, American Express announced it signed an agreement to acquire acompaytm, a best-in-class, digital payment automation platform from ACOM Solutions, Inc., that helps business customers make supplier payments easily and securely, manage business spend, and improve cash flow.
- In June 2019, Coupa Software, a leader in Business Spend Management (BSM), today announced that its Coupa Pay offering will integrate with Stripe, the online payments platform. This will make virtual card payments simpler and faster for businesses that use the Coupa BSM Platform.
The major factors projected to drive the global market growth are gradual increase in income coupled with increase in consumer spending on goods and services. Additionally, factors such as increasing smart phones adoption, high internet penetration, is gradually increasing consumer’s preference for mobile payments through various applications which is anticipated to further influence the target market growth.
Developing government regulations related to cybercrime and improved infrastructure coupled with high government spending on cyber security, are factors creating revenue opportunities for the global market players. Furthermore, government of developed and developing are focused on development of payment infrastructure in order to facilitate the digital economy method coupled with launched of several application are factors positively propelling the global B2B payment market growth. Moreover, thriving e-commerce sector and with the introduction of new technology such as big data analytics, blockchain, AI, is projected to help financiers simplify the B2B payment system further propelling the revenue growth of the market.
Key Market Insights from the report:
The global B2B payments market accounted for US$ 732.4 billion in 2019 and is estimated to be US$ 1900.6 billion by 2029 and is anticipated to register a CAGR of 10.1%. The market report has been segmented on the basis of transaction type, business segment, operating channel, and region.
- By transaction type, the global B2B payments market is segmented into traditional and digital
- By business segment, the target market is segmented into small sized business, medium sized business, and large sized business
- By operating channel, the global market is bifurcated into cross border and domestic
- By region, North America market estimates for high revenue share, owing to availability of advanced internet infrastructure for smart payment options along with high consumers spending capacity on food and entertainment services. Moreover, presence of major service providers operating in the country such as US and Canada is projected to fuel the regional market growth.
The prominent player operating in the global B2B payments market includes American Express Co. Inc., Bottomline Technologies Inc., Ant Financial Services Co. Ltd., Coupa Software Inc., Intuit Inc., JPMorgan Chase & Co., FleetCor Technologies Inc., MasterCard Inc., and SAP.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
About Prophecy Market Insights
Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
List of Key Players in the Market:
- Visa
- FIS
- Stripe, Inc.
- Flywire
- Block, Inc.
- Edenred Payment Solutions
- Payoneer Inc.
- American Express Company
- JPMorgan Chase & Co.
- Paddle.com Market Ltd.
- PayPal
- Chargify LLC
- Recurly, Inc.
- Zuora Inc.
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2025 to 2035.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
- Market intelligence to enable effective decision-making
- Growth opportunities and trend analyses
- Market estimates and forecasts from 2025 to 2035
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Explains an overview of the product portfolio, including product development, planning, and positioning
- Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
- Detailed analysis of the market revenue over the forecasted period.
- Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
- Study on the segments that are anticipated to dominate the market.
- Study on the regional analysis that is expected to register the highest growth over the forecast period
By Payment Type:
- Domestic Payments
- Cross Border Payments
- Bank Transfer
- Cards
- Online Payments
- Small & Medium Enterprises
- Large Enterprises
- Government
- Manufacturing
- BFSI
- Metal & Mining
- It & Telecom
- Retail & E-commerce
- Others
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of the Middle East & Africa
1. Introduction
- Study Deliverables
- Study Assumptions
- Scope of the Study
2. Executive Summary
- Opportunity Map Analysis
- Market at Glance
- Market Share (%) and BPS Analysis, by Region
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
2. Competitive Analysis
Key Questions Answered:
- How is the B2B Payments Market expected to evolve by 2035?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2035?
- Who are the leading players in the market, and what are their prospects?
Table of Contents
168 Pages
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Payment Type
- Market Snippet, By Payment Method
- Market Snippet, By Enterprise Type
- Market Snippet, By Industry
- Market Snippet, By Region
- Opportunity Map Analysis
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Estimating payment Value and Volume
- Purchasing Operations
- Collaborations
- Market Segmentation, By Payment Type, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Domestic Payments
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Cross Border Payments
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Payment Method, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Bank Transfer
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Cards
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Online Payments
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Enterprise Type, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Small & Medium Enterprises
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Large Enterprises
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Industry, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Government
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Manufacturing
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- BFSI
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Metal & Mining
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- IT & Telecom
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Retail & E-commerce
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (USD Bn), By Payment Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Payment Method, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Enterprise Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Asia Pacific
- Market Size and Forecast (USD Bn), By Payment Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Payment Method, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Enterprise Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Europe
- Market Size and Forecast (USD Bn), By Payment Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Payment Method, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Enterprise Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Latin America
- Market Size and Forecast (USD Bn), By Payment Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Payment Method, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Enterprise Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (USD Bn), By Payment Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Payment Method, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Enterprise Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Visa
- FIS
- Stripe, Inc.
- Flywire
- Block, Inc.
- Edenred Payment Solutions
- Payoneer Inc.
- American Express Company
- JPMorgan Chase & Co.
- Paddle.com Market Ltd.
- PayPal
- Chargify LLC
- Recurly, Inc.
- Zuora Inc.
Pricing
Currency Rates
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