Dublin, Oct. 05, 2022 (GLOBE NEWSWIRE) -- The "Global Payment Orchestration Platform Market Size, Share & Trends Analysis Report by Type (B2B, B2C), by Functionalities (Risk Management, Advanced Analytics & Reporting), by End-use (BFSI, E-commerce), and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global payment orchestration platform market size is expected to reach USD 6.52 billion by 2030, advancing at a CAGR of 24.5% from 2022 to 2030. The growing use of smartphones for making payments is anticipated to drive industry growth. Moreover, consumer awareness about multiple payment options and increasing expectations for secure and fast payments contributes significantly to industry development.
There is an increasing need for digital payment solutions, especially in small-scale businesses. Such businesses possess significant growth potential and the adoption of a payment orchestration platform (POP) by them is expected to open up new business opportunities. Hence, payment orchestration providers are focusing on catering to small-scale businesses' needs, owing to the rising small- & medium-scale enterprises across the globe.
The adoption of a POP offers numerous advantages, such as 24/7 payments services and operational cost-efficiency. Moreover, it also aids in the adherence to the security standards. That attracts many industry players to adopt POP to manage their payment operations more efficiently.
The pandemic has contributed positively to industry growth. Major hospitals and other essential service providers have shifted from traditional payment terminals to online payment methods. Thus, increasing digitalization and the introduction of tech-based payment terminals by key providers are projected to drive the industry's growth.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Payment Orchestration Platform Industry Outlook
Chapter 4 Investment Landscape Analysis
Chapter 5 FinTech Industry Highlights
Chapter 6 Payment Orchestration Platform Type Outlook
Chapter 7 Payment Orchestration Platform Functionalities Outlook
Chapter 8 Payment Orchestration Platform End-use Outlook
Chapter 9 Payment Orchestration Platform Regional Outlook
Chapter 10 Competitive Analysis
Chapter 11 Competitive Landscape
Companies Mentioned
- CellPoint Digital
- IXOLIT Group
- Payoneer Inc.
- APEXX Fintech Limited
- Rebilly
- Spreedly
- Modo Payments
- Akurateco
- BNT Soft
- aye4fin GmbH
For more information about this report visit https://www.researchandmarkets.com/r/5b19fe
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