Cross-border Payments: Global Market Trends and Forecast (2022-2027)
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.
Report Includes:
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.
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
CHAPTER 1 MARKET OUTLOOK
1.1 Market Snapshot
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
3.1 Current Market Scenario
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Macroeconomic Factors of Cross-border Payment Market
3.3.1 Impact of COVID-19
3.3.2 Russia-Ukraine War
CHAPTER 4 EMERGING TECHNOLOGIES
4.1 SWIFT
4.2 Blockchain
4.3 Cryptocurrencies
4.4 Artificial Intelligence (AI)
CHAPTER 5 MARKET BREAKDOWN BY TRANSACTION TYPE, ORGANIZATION SIZE, AND END-USE INDUSTRY
5.1 Cross-border Payment Market by Transaction Type
5.1.1 Business-to-business (B2B)
5.1.2 Consumer-to-business (C2B)
5.1.3 Business-to-consumer (B2C)
5.1.4 Consumer-to-consumer (C2C)
5.1.5 Market Size and Forecast
5.2 Cross-border Payment Market by Organization Size
5.2.1 Large Organizations
5.2.2 Small and Medium Organizations
5.2.3 Market Size and Forecast
5.3 Cross-border Payment Market by End-Use Industry
5.3.1 Financial Institutions
5.3.2 E-commerce
5.3.3 Digital Platforms
5.3.4 Organizations
5.3.5 Market Size and Forecast
CHAPTER 6 MARKET BREAKDOWN BY REGION
6.1 Global Cross-border Payment Market by Region
6.2 North America
6.3 Europe
6.4 Asia-Pacific
6.5 Latin America
6.6 Middle East and Africa
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Introduction
7.2 Market Ranking of Top Companies
7.2.1 Top-ranked Market Players
7.3 Strategic Analysis
7.3.1 Recent Key Developments
CHAPTER 8 COMPANY PROFILES
CORPAY
FINCRA
FIS
PAYPAL
PAYONEER INC.
ROUTEFUSION
TRANSFERMATE
VISA INC.
VODAFONE GROUP PLC
WESTERN UNION HOLDINGS INC.
CHAPTER 9 SCOPE AND METHODOLOGY
9.1 Scope of Report
9.2 Methodology
9.3 Analyst's Credentials
9.4 BCC Custom Research
9.5 Related BCC Research Reports
1.1 Market Snapshot
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
3.1 Current Market Scenario
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Macroeconomic Factors of Cross-border Payment Market
3.3.1 Impact of COVID-19
3.3.2 Russia-Ukraine War
CHAPTER 4 EMERGING TECHNOLOGIES
4.1 SWIFT
4.2 Blockchain
4.3 Cryptocurrencies
4.4 Artificial Intelligence (AI)
CHAPTER 5 MARKET BREAKDOWN BY TRANSACTION TYPE, ORGANIZATION SIZE, AND END-USE INDUSTRY
5.1 Cross-border Payment Market by Transaction Type
5.1.1 Business-to-business (B2B)
5.1.2 Consumer-to-business (C2B)
5.1.3 Business-to-consumer (B2C)
5.1.4 Consumer-to-consumer (C2C)
5.1.5 Market Size and Forecast
5.2 Cross-border Payment Market by Organization Size
5.2.1 Large Organizations
5.2.2 Small and Medium Organizations
5.2.3 Market Size and Forecast
5.3 Cross-border Payment Market by End-Use Industry
5.3.1 Financial Institutions
5.3.2 E-commerce
5.3.3 Digital Platforms
5.3.4 Organizations
5.3.5 Market Size and Forecast
CHAPTER 6 MARKET BREAKDOWN BY REGION
6.1 Global Cross-border Payment Market by Region
6.2 North America
6.3 Europe
6.4 Asia-Pacific
6.5 Latin America
6.6 Middle East and Africa
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Introduction
7.2 Market Ranking of Top Companies
7.2.1 Top-ranked Market Players
7.3 Strategic Analysis
7.3.1 Recent Key Developments
CHAPTER 8 COMPANY PROFILES
CORPAY
FINCRA
FIS
PAYPAL
PAYONEER INC.
ROUTEFUSION
TRANSFERMATE
VISA INC.
VODAFONE GROUP PLC
WESTERN UNION HOLDINGS INC.
CHAPTER 9 SCOPE AND METHODOLOGY
9.1 Scope of Report
9.2 Methodology
9.3 Analyst's Credentials
9.4 BCC Custom Research
9.5 Related BCC Research Reports
LIST OF TABLES
Summary Table: Global Market for Cross-border Payments, by Region, Through 2027
Table 1: Global Market for Cross-border Payments, by Transaction Type, Through 2027
Table 2: Global Market for Cross-border Payments, by Organization Size, Through 2027
Table 3: Global Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 4: Global Market for Cross-border Payments, by Region, Through 2027
Table 5: North American Market for Cross-border Payments, by Transaction Type, Through 2027
Table 6: North American Market for Cross-border Payments, by Organization Size, Through 2027
Table 7: North American Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 8: North American Market for Cross-border Payments, by Country, Through 2027
Table 9: European Market for Cross-border Payments, by Transaction Type, Through 2027
Table 10: European Market for Cross-border Payments, by Organization Size, Through 2027
Table 11: European Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 12: European Market for Cross-border Payments, by Country, Through 2027
Table 13: Asia-Pacific Market for Cross-border Payments, by Transaction Type, Through 2027
Table 14: Asia-Pacific Market for Cross-border Payments, by Organization Size, Through 2027
Table 15: Asia-Pacific Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 16: Asia-Pacific Market for Cross-border Payments, by Country, Through 2027
Table 17: Latin American Market for Cross-border Payments, by Transaction Type, Through 2027
Table 18: Latin American Market for Cross-border Payments, by Organization Size, Through 2027
Table 19: Latin American Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 20: Latin American Market for Cross-border Payments, by Country, Through 2027
Table 21: Middle East and African Market for Cross-border Payments, by Transaction Type, Through 2027
Table 22: Middle East and African Market for Cross-border Payments, by Organization Size, Through 2027
Table 23: Middle East and African Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 24: Top Five Key Market Players in the Cross-border Payment Market and Their Ranking in 2021
Table 25: Global Cross-border Payment Market, Recent Key Developments, January 2020-October 2022
Table 26: Corpay: Cross-border Payment Solutions
Table 27: Fincra: Cross-border Payment Solutions
Table 28: FIS: Cross-border Payment Solutions
Table 29: PayPal: Cross-border Payment Solutions
Table 30: Payoneer Inc.: Cross-border Payment Solutions
Table 31: Routefusion: Cross-border Payment Solutions
Table 32: TransferMate: Cross-border Payment Solutions
Table 33: Visa Inc.: Cross-border Payment Solutions
Table 34: Vodafone Group PLC: Cross-border Payment Services
Table 35: Western Union Holdings Inc.: Cross-border Payment Solutions
Summary Table: Global Market for Cross-border Payments, by Region, Through 2027
Table 1: Global Market for Cross-border Payments, by Transaction Type, Through 2027
Table 2: Global Market for Cross-border Payments, by Organization Size, Through 2027
Table 3: Global Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 4: Global Market for Cross-border Payments, by Region, Through 2027
Table 5: North American Market for Cross-border Payments, by Transaction Type, Through 2027
Table 6: North American Market for Cross-border Payments, by Organization Size, Through 2027
Table 7: North American Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 8: North American Market for Cross-border Payments, by Country, Through 2027
Table 9: European Market for Cross-border Payments, by Transaction Type, Through 2027
Table 10: European Market for Cross-border Payments, by Organization Size, Through 2027
Table 11: European Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 12: European Market for Cross-border Payments, by Country, Through 2027
Table 13: Asia-Pacific Market for Cross-border Payments, by Transaction Type, Through 2027
Table 14: Asia-Pacific Market for Cross-border Payments, by Organization Size, Through 2027
Table 15: Asia-Pacific Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 16: Asia-Pacific Market for Cross-border Payments, by Country, Through 2027
Table 17: Latin American Market for Cross-border Payments, by Transaction Type, Through 2027
Table 18: Latin American Market for Cross-border Payments, by Organization Size, Through 2027
Table 19: Latin American Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 20: Latin American Market for Cross-border Payments, by Country, Through 2027
Table 21: Middle East and African Market for Cross-border Payments, by Transaction Type, Through 2027
Table 22: Middle East and African Market for Cross-border Payments, by Organization Size, Through 2027
Table 23: Middle East and African Market for Cross-border Payments, by End-Use Industry, Through 2027
Table 24: Top Five Key Market Players in the Cross-border Payment Market and Their Ranking in 2021
Table 25: Global Cross-border Payment Market, Recent Key Developments, January 2020-October 2022
Table 26: Corpay: Cross-border Payment Solutions
Table 27: Fincra: Cross-border Payment Solutions
Table 28: FIS: Cross-border Payment Solutions
Table 29: PayPal: Cross-border Payment Solutions
Table 30: Payoneer Inc.: Cross-border Payment Solutions
Table 31: Routefusion: Cross-border Payment Solutions
Table 32: TransferMate: Cross-border Payment Solutions
Table 33: Visa Inc.: Cross-border Payment Solutions
Table 34: Vodafone Group PLC: Cross-border Payment Services
Table 35: Western Union Holdings Inc.: Cross-border Payment Solutions
LIST OF FIGURES
Summary Figure: Global Market Shares of Cross-border Payments, by Region, 2021
Figure 1: Global Market Shares of Cross-border Payments, by Transaction Type, 2021
Figure 2: Global Market Shares of Cross-border Payments, by Organization Size, 2021
Figure 3: Global Market Shares of Cross-border Payments, by End-Use Industry, 2021
Figure 4: Global Cross-border Payment Market, by Region
Figure 5: Global Market Shares of Cross-border Payments, by Region, 2021
Figure 6: Global Market Shares of Cross-border Payments, by Region, 2027
Figure 7: Shares of the Most-followed Strategies in Global Cross-border Payment Market, 2020-2022*
Summary Figure: Global Market Shares of Cross-border Payments, by Region, 2021
Figure 1: Global Market Shares of Cross-border Payments, by Transaction Type, 2021
Figure 2: Global Market Shares of Cross-border Payments, by Organization Size, 2021
Figure 3: Global Market Shares of Cross-border Payments, by End-Use Industry, 2021
Figure 4: Global Cross-border Payment Market, by Region
Figure 5: Global Market Shares of Cross-border Payments, by Region, 2021
Figure 6: Global Market Shares of Cross-border Payments, by Region, 2027
Figure 7: Shares of the Most-followed Strategies in Global Cross-border Payment Market, 2020-2022*
