Global E-commerce Payment Market 2020-2024

Global E-commerce Payment Market 2020-2024

Technavio has been monitoring the e-commerce payment market and it is poised to grow by $ 113.68 bn during 2020-2024 progressing at a CAGR of 20% during the forecast period. Our reports on e-commerce payment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising number of online transactions, rise in the usage of wireless networks, and surge in compliance requirements. In addition, rising number of online transactions is anticipated to boost the growth of the market as well.

The e-commerce payment market analysis includes type segment and geographic landscapes

Technavio's e-commerce payment market is segmented as below:

By Type

  • E-wallets
  • Cards
  • Online banking
  • Direct debits
By Geographic Landscapes
  • APAC
  • North America
  • Europe
  • South America
  • MEA
This study identifies the rise in mobile biometrics for payment as one of the prime reasons driving the e-commerce payment market growth during the next few years. Also, adoption of multi-factor authentication and e-commerce vendors switching from website to mobile-only apps will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our e-commerce payment market covers the following areas:
  • E-commerce payment market sizing
  • E-commerce payment market forecast
  • E-commerce payment market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading e-commerce payment market vendors that include Alibaba Group Holding Ltd., Amazon.com Inc., Apple Inc., Capital One Financial Corp., Mastercard Inc., PayPal Holdings Inc., Stripe Inc., The OLB Group Inc., UnionPay International Co. Ltd., and Visa Inc.. Also, the e-commerce payment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Technology hardware, storage, and peripherals
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • After-sales services
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • E-wallets - Market size and forecast 2019-2024
      • Table E-wallets - Market size and forecast 2019-2024 ($ billion)
      • Table E-wallets - Market size and forecast 2019-2024 ($ billion) exclusive of COVID- 19 effect
      • Table E-wallets - Year-over-year growth 2019-2024 (%)
    • Cards - Market size and forecast 2019-2024
      • Table Cards - Market size and forecast 2019-2024 ($ billion)
      • Table Cards - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Cards - Year-over-year growth 2019-2024 (%)
    • Online banking - Market size and forecast 2019- 2024
      • Table Online banking - Market size and forecast 2019-2024 ($ billion)
      • Table Online banking - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Online banking - Year-over-year growth 2019-2024 (%)
    • Direct debits - Market size and forecast 2019- 2024
      • Table Direct debits - Market size and forecast 2019-2024 ($ billion)
      • Table Direct debits - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Direct debits - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table APAC - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table North America - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Europe - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table South America - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table MEA - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising number of online transactions
      • Rise in the usage of wireless networks
      • Surge in compliance requirements
    • Market challenges
      • Concerns related to privacy and security
      • Lack of awareness for online payment in developing economies
      • Issues with minor value transactions
        • Table Impact of drivers and challenges
    • Market trends
      • E-commerce vendors switching from website to mobile-only apps
      • Rise in mobile biometrics for payment
      • Adoption of multi-factor authentication
  • Vendor Landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alibaba Group Holding Ltd.
      • Table Alibaba Group Holding Ltd. - Overview
      • Table Alibaba Group Holding Ltd. - Business segments
      • Table Alibaba Group Holding Ltd. - Key news
      • Table Alibaba Group Holding Ltd. - Key offerings
      • Table Alibaba Group Holding Ltd. - Segment focus
    • Amazon.com Inc.
      • Table Amazon.com Inc. - Overview
      • Table Amazon.com Inc. - Business segments
      • Table Amazon.com Inc. - Key news
      • Table Amazon.com Inc. - Key offerings
      • Table Amazon.com Inc. - Segment focus
    • Apple Inc.
      • Table Apple Inc. - Overview
      • Table Apple Inc. - Business segments
      • Table Apple Inc. - Key news
      • Table Apple Inc. - Key offerings
      • Table Apple Inc. - Segment focus
    • Capital One Financial Corp.
      • Table Capital One Financial Corp. - Overview
      • Table Capital One Financial Corp. - Business segments
      • Table Capital One Financial Corp. - Key offerings
      • Table Capital One Financial Corp. - Segment focus
    • Mastercard Inc.
      • Table Mastercard Inc. - Overview
      • Table Mastercard Inc. - Business segments
      • Table Mastercard Inc. - Key offerings
    • PayPal Holdings Inc.
      • Table PayPal Holdings Inc. - Overview
      • Table PayPal Holdings Inc. - Product and service
      • Table PayPal Holdings Inc. - Key news
      • Table PayPal Holdings Inc. - Key offerings
    • Stripe Inc.
      • Table Stripe Inc. - Overview
      • Table Stripe Inc. - Product and service
      • Table Stripe Inc. - Key offerings
    • The OLB Group Inc.
      • Table The OLB Group Inc. - Overview
      • Table The OLB Group Inc. - Business segments
      • Table The OLB Group Inc. - Key offerings
    • UnionPay International Co. Ltd.
      • Table UnionPay International Co. Ltd. - Overview
      • Table UnionPay International Co. Ltd. - Product and service
      • Table UnionPay International Co. Ltd. - Key offerings
    • Visa Inc.
      • Table Visa Inc. - Overview
      • Table Visa Inc. - Product and service
      • Table Visa Inc. - Key news
      • Table Visa Inc. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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