Real-Time Payments Market by Nature of Payment (P2P, P2B & B2P), Component (Solutions (Payment Gateway, Payment Processing & Payment Security & Fraud Management) & Services), Deployment Mode, Enterprise Size, Vertical, & Region - Global Forecast to 2023
The global Real-Time Payments (RTP) market is estimated to grow at a Compound Annual Growth Rate (CAGR) of 30.6% during the forecast period
MarketsandMarkets forecasts the global RTP market size to grow from USD 6.8 billion in 2018 to USD 25.9 billion by 2023, at a CAGR of 30.6% during the forecast period. The major growth factors expected to drive the growth of the RTP market include the high proliferation of smartphones, adoption of cloud-based solutions, customers’ demand for immediacy of payments and quicker payment settlements, and the government initiatives. The lack of of interoperability between schemes and the increasing market competition are expected to restrain the adoption of RTP solutions in the emerging economies, which in turn, may restrain the market from growing.
The Person-to-Person (P2P) nature of payment is estimated to grow at the highest CAGR during the forecast period
The RTP market by nature of payment has been segmented into Person-to-Person (P2P), Person-to-Business (P2B), Business-to-Person (B2P), and others (Business-to-Business (B2B), Government-to-Business (G2B),Business-to-Government (B2G), Person-to-Government (P2G), and Government-to-Person (G2P)). The P2P nature of payment is expected to grow at the highest CAGR, as it is used by consumers for different use cases, including repayment of a movie ticket to a friend, repayment of money to a friend, and gifting money to a child or a grandchild.
Among regions, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period
APAC has distinctively been one of the fastest-growing markets in terms of rapidly adopting RTP solutions. The RTP market is also termed as the next big boom with regards to the ever-increasing adoptions across the APAC region. The RTP market in APAC has gained traction, due to the rising demand for quick, hassle-free, and secured payment systems.
Moreover, the rapid growth of the RTP market in the region can be attributed to the active online engagement of consumers in the emerging countries of the region. The extensive facilities to deploy and manage RTP solutions at a low cost of ownership is boosting the market growth in this region. Furthermore, various international and domestic enterprises located in this region are partnering with RTP providers to enhance and provide tailormade offerings to local clients. The developed APAC countries, such as Australia, Japan, Singapore, and New Zealand, have expansively considered the use of RTP solutions and services. This growth of this region can be attributed to the increased demand for RTP solutions and advancements in digital technologies, benefitting all stakeholders present in the RTP ecosystem in the APAC region. The increase in the number of mobile subscribers and feasible RTP solutions provided by banks, financial institutions, and payment agents are the additional factors contributing to the growth of the RTP market in APAC. China and India are among the key countries considered for the RTP market analysis in this region. Additionally, the rapid expansion of domestic as well as global enterprises in the APAC region is also one of the important factors that is influencing the growth of the RTP market.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the RTP market.
Research coverage
The report segments the global RTP market by nature of payment, component, deployment mode, enterprise size, vertical, and region. The nature of payment segment includes P2P, P2B, B2P, and others (B2B,G2B, B2G, P2G, and G2P). The component segment comprises solutions and services. The RTP market by deployment mode has been segmented into cloud and on-premises. The RTP market by enterprise size has been categorized into Small and Medium-sized Enterprises (SMEs) and large enterprises. The RTP market by vertical has been categorized into Banking, Financial Services, and Insurance (BFSI), retail and eCommerce, IT and telecommunications, government, energy and utilities and others (healthcare and life sciences, media and entertainment, transport, manufacturing, travel and hospitality, and education). The report covers the RTP market with respect to 5 major regions, namely North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.
The report would help the market leaders and new entrants in the global RTP market in the following ways:
1. The report segments the market into various subsegments, hence it covers the market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and its subsegments. The market numbers are further split across applications and regions.
2. It helps in understanding the overall growth of the market. It also provides information about key market drivers, restraints, challenges, and opportunities.
3. It helps stakeholders in understanding their competitors better and gaining more insights to strengthen their positions in the market. The study also presents the positioning of the key players based on their product offerings and business strategies
MarketsandMarkets forecasts the global RTP market size to grow from USD 6.8 billion in 2018 to USD 25.9 billion by 2023, at a CAGR of 30.6% during the forecast period. The major growth factors expected to drive the growth of the RTP market include the high proliferation of smartphones, adoption of cloud-based solutions, customers’ demand for immediacy of payments and quicker payment settlements, and the government initiatives. The lack of of interoperability between schemes and the increasing market competition are expected to restrain the adoption of RTP solutions in the emerging economies, which in turn, may restrain the market from growing.
The Person-to-Person (P2P) nature of payment is estimated to grow at the highest CAGR during the forecast period
The RTP market by nature of payment has been segmented into Person-to-Person (P2P), Person-to-Business (P2B), Business-to-Person (B2P), and others (Business-to-Business (B2B), Government-to-Business (G2B),Business-to-Government (B2G), Person-to-Government (P2G), and Government-to-Person (G2P)). The P2P nature of payment is expected to grow at the highest CAGR, as it is used by consumers for different use cases, including repayment of a movie ticket to a friend, repayment of money to a friend, and gifting money to a child or a grandchild.
Among regions, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period
APAC has distinctively been one of the fastest-growing markets in terms of rapidly adopting RTP solutions. The RTP market is also termed as the next big boom with regards to the ever-increasing adoptions across the APAC region. The RTP market in APAC has gained traction, due to the rising demand for quick, hassle-free, and secured payment systems.
Moreover, the rapid growth of the RTP market in the region can be attributed to the active online engagement of consumers in the emerging countries of the region. The extensive facilities to deploy and manage RTP solutions at a low cost of ownership is boosting the market growth in this region. Furthermore, various international and domestic enterprises located in this region are partnering with RTP providers to enhance and provide tailormade offerings to local clients. The developed APAC countries, such as Australia, Japan, Singapore, and New Zealand, have expansively considered the use of RTP solutions and services. This growth of this region can be attributed to the increased demand for RTP solutions and advancements in digital technologies, benefitting all stakeholders present in the RTP ecosystem in the APAC region. The increase in the number of mobile subscribers and feasible RTP solutions provided by banks, financial institutions, and payment agents are the additional factors contributing to the growth of the RTP market in APAC. China and India are among the key countries considered for the RTP market analysis in this region. Additionally, the rapid expansion of domestic as well as global enterprises in the APAC region is also one of the important factors that is influencing the growth of the RTP market.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the RTP market.
- By Company: Tier I: 20%, Tier II: 55%, and Tier III: 25%
- By Designation: C-Level: 25%, Director Level: 30%, and Others: 45%
- By Region: North America: 40%, Europe: 22%, APAC: 20%, MEA: 8%, and Latin America: 10%
Research coverage
The report segments the global RTP market by nature of payment, component, deployment mode, enterprise size, vertical, and region. The nature of payment segment includes P2P, P2B, B2P, and others (B2B,G2B, B2G, P2G, and G2P). The component segment comprises solutions and services. The RTP market by deployment mode has been segmented into cloud and on-premises. The RTP market by enterprise size has been categorized into Small and Medium-sized Enterprises (SMEs) and large enterprises. The RTP market by vertical has been categorized into Banking, Financial Services, and Insurance (BFSI), retail and eCommerce, IT and telecommunications, government, energy and utilities and others (healthcare and life sciences, media and entertainment, transport, manufacturing, travel and hospitality, and education). The report covers the RTP market with respect to 5 major regions, namely North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.
The report would help the market leaders and new entrants in the global RTP market in the following ways:
1. The report segments the market into various subsegments, hence it covers the market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and its subsegments. The market numbers are further split across applications and regions.
2. It helps in understanding the overall growth of the market. It also provides information about key market drivers, restraints, challenges, and opportunities.
3. It helps stakeholders in understanding their competitors better and gaining more insights to strengthen their positions in the market. The study also presents the positioning of the key players based on their product offerings and business strategies
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SEGMENTATION
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY CONSIDERED
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primaries
2.1.2.2 Key industry insights
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 ASSUMPTIONS OF THE STUDY
2.5 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE REAL-TIME PAYMENTS MARKET
4.2 REAL-TIME PAYMENTS MARKET: TOP 3 VERTICALS
4.3 REAL-TIME PAYMENTS MARKET, TOP 3 SOLUTIONS AND VERTICALS
4.4 REAL-TIME PAYMENTS MARKET, BY VERTICAL
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 High proliferation of smartphones
5.2.1.2 Customers demand for immediacy of payments and quicker payment settlements
5.2.1.3 Government initiatives are accelerating the adoption of RTP solutions
5.2.2 RESTRAINTS
5.2.2.1 Lack of interoperability between schemes
5.2.2.2 Increasing market competition
5.2.3 OPPORTUNITIES
5.2.3.1 Progressive changes in regulatory framework
5.2.3.2 Increasing use of RTP across different industry verticals
5.2.4 CHALLENGES
5.2.4.1 Payment security is posing a challenge for banks
5.3 USE CASES
5.3.1 USE CASE: SCENARIO 1
5.3.2 USE CASE: SCENARIO 2
5.3.3 USE CASE: SCENARIO 3
5.4 PAYMENT SYSTEM EVOLUTION OVERVIEW
5.5 STANDARDS AND REGULATORY IMPLICATIONS
5.5.1 AFINIS INTEROPERABILITY STANDARDS
5.5.2 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION 20022
5.5.3 GENERAL DATA PROTECTION REGULATION
5.5.4 PAYMENT SERVICES DIRECTIVE
5.6 REGULATORY FINANCIAL ASSOCIATIONS
5.6.1 ELECTRONIC TRANSACTIONS ASSOCIATION
5.6.2 CONSUMER FINANCIAL PROTECTION BUREAU
5.6.3 EUROPEAN AUTOMATED CLEARING HOUSE ASSOCIATION
5.6.4 PAYMENT CARD INDUSTRY SECURITY STANDARDS COUNCIL
5.6.5 CONTINUOUS LINKED SETTLEMENT GROUP
5.6.6 R3CEV BLOCKCHAIN CONSORTIUM
5.6.7 GLOBAL PAYMENTS STEERING GROUP
5.6.8 FINANCIAL BLOCKCHAIN SHENZHEN CONSORTIUM
5.6.9 BLOCKCHAIN COLLABORATIVE CONSORTIUM
5.6.10 WALL STREET BLOCKCHAIN ALLIANCE
6 REAL-TIME PAYMENTS MARKET, BY NATURE OF PAYMENT
6.1 INTRODUCTION
6.2 PERSON-TO-PERSON
6.2.1 INCREASING DEMAND FOR IMMEDIACY OF PAYMENTS AND QUICKER SETTLEMENTS DRIVE THE ADOPTION OF THE P2P NATURE OF PAYMENT
6.3 PERSON-TO-BUSINESS
6.3.1 HIGH PROLIFERATION OF SMARTPHONES AND CONNECTED DEVICES ACCELERATE THE ADOPTION OF THE P2B NATURE OF PAYMENT
6.4 BUSINESS-TO-PERSON
6.4.1 INCREASE IN DATA TRANSPARENCY AND ENHANCED SAFETY BOOST THE GROWTH OF THE B2P NATURE OF PAYMENT
6.5 OTHERS
7 REAL-TIME PAYMENTS MARKET, BY COMPONENT
7.1 INTRODUCTION
7.2 SOLUTIONS
7.2.1 PAYMENT GATEWAY
7.2.1.1 Financial institutes demand RTP gateway solutions, as they automatically and securely approve transactions
7.2.2 PAYMENT PROCESSING
7.2.2.1 RTP processing solutions enable continuous availability for transactions
7.2.3 PAYMENT SECURITY AND FRAUD MANAGEMENT
7.2.3.1 Increasing number of financial frauds in online transactions has led to the demand for AI-based security and fraud management solutions
7.3 SERVICES
7.3.1 PROFESSIONAL SERVICES
7.3.1.1 The technicalities involved in implementing RTP solutions would boost the growth of professional services
7.3.2 MANAGED SERVICES
7.3.2.1 With the increasing deployment of RTP solutions, the requirement for managed services will also increase
8 REAL-TIME PAYMENTS MARKET, BY DEPLOYMENT MODE
8.1 INTRODUCTION
8.2 ON-PREMISES
8.2.1 DATA-SENSITIVE ORGANIZATIONS ADOPT THE ON-PREMISES DEPLOYMENT MODE
8.3 CLOUD
8.3.1 SCALABILITY AND EASE OF IMPLEMENTATION BOOST THE GROWTH OF THE CLOUD DEPLOYMENT MODE
9 REAL-TIME PAYMENTS MARKET, BY ENTERPRISE SIZE
9.1 INTRODUCTION
9.2 SMALL AND MEDIUM-SIZED ENTERPRISES
9.2.1 THE SMES ARE MAJOR INVESTMENTS TO IMPLEMENT RTP
9.3 LARGE ENTERPRISES
9.3.1 FASTER INTERACTIONS, COST REDUCTION, BUSINESS EXPANSION CAPABILITY, AND ENHANCED SECURITY ARE EXPECTED TO FUEL THE ADOPTION OF THE RTP TECHNOLOGY AMONG LARGE ENTERPRISES
10 REAL-TIME PAYMENTS MARKET, BY VERTICAL
10.1 INTRODUCTION
10.2 BANKING, FINANCIAL SERVICES, AND INSURANCE
10.2.1 REAL-TIME PAYMENTS HAS THE POTENTIAL TO EVENTUALLY REDUCE COSTS FOR BANKS BY BREAKING THEIR PAYMENT SILOS
10.3 IT AND TELECOMMUNICATIONS
10.3.1 RTP OFFERS MORE CONVENIENT AND FASTER MODES OF BILL PAYMENT, LEADING TO ENHANCED CUSTOMER EXPERIENCE
10.4 RETAIL AND ECOMMERCE
10.4.1 RTP PROVIDES A COMPETITIVE EDGE TO THE RETAIL AND ECOMMERCE VENDORS BY OFFERING THEM WITH FASTER MODES OF PAYMENT
10.5 GOVERNMENT
10.5.1 GOVERNMENTS USE RTP TO UPLIFT ECONOMIES AND PROMOTE CASHLESS TRANSACTIONS ACROSS THE GLOBE
10.6 ENERGY AND UTILITIES
10.6.1 RTP OFFERS ONLINE BILLING SOLUTIONS AND REAL-TIME RATING FOR ENHANCED CUSTOMER EXPERIENCE
10.7 OTHERS
11 REAL-TIME PAYMENTS MARKET, BY REGION
11.1 INTRODUCTION
11.2 NORTH AMERICA
11.2.1 UNITED STATES
11.2.1.1 RTP systems make payments simpler, faster, and secure
11.2.2 CANADA
11.2.2.1 Canadian individuals and merchants are adopting RTP solutions to encourage customers for making instant payments
11.3 EUROPE
11.3.1 UNITED KINGDOM
11.3.1.1 Increasing adoption of omnichannel RTP solutions among financial institutions and merchants
11.3.2 SWEDEN
11.3.2.1 As RTP is gaining popularity in Sweden, it presents growth opportunities for the RTP solution and service providers
11.3.3 DENMARK
11.3.3.1 The Government of Denmark is investing in RTP systems to make payment settlements quicker
11.3.4 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 JAPAN
11.4.1.1 The RTP market in Japan is expected to grow due to the upgradation in instant retail payments
11.4.2 CHINA
11.4.2.1 The large population results in many RTP transactions
11.4.3 INDIA
11.4.3.1 Government initiatives and demonetization are the major driving factors for the growing RTP market
11.4.4 REST OF ASIA PACIFIC
11.5 MIDDLE EAST AND AFRICA
11.5.1 UNITED ARAB EMIRATES
11.5.1.1 Growing digital initiatives would offer opportunities to deploy RTP solution in UAE
11.5.2 SOUTH AFRICA
11.5.2.1 Rise in the adoption of advanced digital technologies would provide opportunities for RTP services
11.5.3 REST OF MIDDLE EAST AND AFRICA
11.6 LATIN AMERICA
11.6.1 BRAZIL
11.6.1.1 Rising focus of RTP solution providers in Brazil would boost the market growth in the coming years
11.6.2 MEXICO
11.6.2.1 The revolution of various technologies in Mexico may create a demand for RTP solutions in the coming years
11.6.3 REST OF LATIN AMERICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 RANKING OF KEY PLAYERS, 2018
12.3 COMPETITIVE SCENARIO
12.3.1 NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT/SERVICE ENHANCEMENTS
12.3.2 AGREEMENTS AND PARTNERSHIPS
12.3.3 ACQUISITIONS
12.3.4 EXPANSIONS
13 COMPANY PROFILES
(Business overview, Solutions and Services offered, Recent developments, SWOT analysis & MnM View)*
13.1 ACI WORLDWIDE
13.2 FIS
13.3 FISERV
13.4 PAYPAL
13.5 WIRECARD
13.6 MASTERCARD
13.7 WORLDLINE
13.8 TEMENOS
13.9 VISA
13.10 APPLE
13.11 ALIPAY (ANT FINANCIAL)
13.12 GLOBAL PAYMENTS
13.13 CAPEGEMINI
13.14 ICON SOLUTIONS
13.15 REPAY
13.16 INTEGRAPAY
13.17 SIA
13.18 OBOPAY
13.19 RIPPLE
13.20 PELICAN
13.21 FINASTRA
13.22 NETS
13.23 FSS
13.24 INTELLIGENT PAYMENTS
13.25 MONTRAN
*Details on Business overview, Solutions and Services offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
14 APPENDIX
14.1 INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SEGMENTATION
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY CONSIDERED
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primaries
2.1.2.2 Key industry insights
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 ASSUMPTIONS OF THE STUDY
2.5 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE REAL-TIME PAYMENTS MARKET
4.2 REAL-TIME PAYMENTS MARKET: TOP 3 VERTICALS
4.3 REAL-TIME PAYMENTS MARKET, TOP 3 SOLUTIONS AND VERTICALS
4.4 REAL-TIME PAYMENTS MARKET, BY VERTICAL
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 High proliferation of smartphones
5.2.1.2 Customers demand for immediacy of payments and quicker payment settlements
5.2.1.3 Government initiatives are accelerating the adoption of RTP solutions
5.2.2 RESTRAINTS
5.2.2.1 Lack of interoperability between schemes
5.2.2.2 Increasing market competition
5.2.3 OPPORTUNITIES
5.2.3.1 Progressive changes in regulatory framework
5.2.3.2 Increasing use of RTP across different industry verticals
5.2.4 CHALLENGES
5.2.4.1 Payment security is posing a challenge for banks
5.3 USE CASES
5.3.1 USE CASE: SCENARIO 1
5.3.2 USE CASE: SCENARIO 2
5.3.3 USE CASE: SCENARIO 3
5.4 PAYMENT SYSTEM EVOLUTION OVERVIEW
5.5 STANDARDS AND REGULATORY IMPLICATIONS
5.5.1 AFINIS INTEROPERABILITY STANDARDS
5.5.2 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION 20022
5.5.3 GENERAL DATA PROTECTION REGULATION
5.5.4 PAYMENT SERVICES DIRECTIVE
5.6 REGULATORY FINANCIAL ASSOCIATIONS
5.6.1 ELECTRONIC TRANSACTIONS ASSOCIATION
5.6.2 CONSUMER FINANCIAL PROTECTION BUREAU
5.6.3 EUROPEAN AUTOMATED CLEARING HOUSE ASSOCIATION
5.6.4 PAYMENT CARD INDUSTRY SECURITY STANDARDS COUNCIL
5.6.5 CONTINUOUS LINKED SETTLEMENT GROUP
5.6.6 R3CEV BLOCKCHAIN CONSORTIUM
5.6.7 GLOBAL PAYMENTS STEERING GROUP
5.6.8 FINANCIAL BLOCKCHAIN SHENZHEN CONSORTIUM
5.6.9 BLOCKCHAIN COLLABORATIVE CONSORTIUM
5.6.10 WALL STREET BLOCKCHAIN ALLIANCE
6 REAL-TIME PAYMENTS MARKET, BY NATURE OF PAYMENT
6.1 INTRODUCTION
6.2 PERSON-TO-PERSON
6.2.1 INCREASING DEMAND FOR IMMEDIACY OF PAYMENTS AND QUICKER SETTLEMENTS DRIVE THE ADOPTION OF THE P2P NATURE OF PAYMENT
6.3 PERSON-TO-BUSINESS
6.3.1 HIGH PROLIFERATION OF SMARTPHONES AND CONNECTED DEVICES ACCELERATE THE ADOPTION OF THE P2B NATURE OF PAYMENT
6.4 BUSINESS-TO-PERSON
6.4.1 INCREASE IN DATA TRANSPARENCY AND ENHANCED SAFETY BOOST THE GROWTH OF THE B2P NATURE OF PAYMENT
6.5 OTHERS
7 REAL-TIME PAYMENTS MARKET, BY COMPONENT
7.1 INTRODUCTION
7.2 SOLUTIONS
7.2.1 PAYMENT GATEWAY
7.2.1.1 Financial institutes demand RTP gateway solutions, as they automatically and securely approve transactions
7.2.2 PAYMENT PROCESSING
7.2.2.1 RTP processing solutions enable continuous availability for transactions
7.2.3 PAYMENT SECURITY AND FRAUD MANAGEMENT
7.2.3.1 Increasing number of financial frauds in online transactions has led to the demand for AI-based security and fraud management solutions
7.3 SERVICES
7.3.1 PROFESSIONAL SERVICES
7.3.1.1 The technicalities involved in implementing RTP solutions would boost the growth of professional services
7.3.2 MANAGED SERVICES
7.3.2.1 With the increasing deployment of RTP solutions, the requirement for managed services will also increase
8 REAL-TIME PAYMENTS MARKET, BY DEPLOYMENT MODE
8.1 INTRODUCTION
8.2 ON-PREMISES
8.2.1 DATA-SENSITIVE ORGANIZATIONS ADOPT THE ON-PREMISES DEPLOYMENT MODE
8.3 CLOUD
8.3.1 SCALABILITY AND EASE OF IMPLEMENTATION BOOST THE GROWTH OF THE CLOUD DEPLOYMENT MODE
9 REAL-TIME PAYMENTS MARKET, BY ENTERPRISE SIZE
9.1 INTRODUCTION
9.2 SMALL AND MEDIUM-SIZED ENTERPRISES
9.2.1 THE SMES ARE MAJOR INVESTMENTS TO IMPLEMENT RTP
9.3 LARGE ENTERPRISES
9.3.1 FASTER INTERACTIONS, COST REDUCTION, BUSINESS EXPANSION CAPABILITY, AND ENHANCED SECURITY ARE EXPECTED TO FUEL THE ADOPTION OF THE RTP TECHNOLOGY AMONG LARGE ENTERPRISES
10 REAL-TIME PAYMENTS MARKET, BY VERTICAL
10.1 INTRODUCTION
10.2 BANKING, FINANCIAL SERVICES, AND INSURANCE
10.2.1 REAL-TIME PAYMENTS HAS THE POTENTIAL TO EVENTUALLY REDUCE COSTS FOR BANKS BY BREAKING THEIR PAYMENT SILOS
10.3 IT AND TELECOMMUNICATIONS
10.3.1 RTP OFFERS MORE CONVENIENT AND FASTER MODES OF BILL PAYMENT, LEADING TO ENHANCED CUSTOMER EXPERIENCE
10.4 RETAIL AND ECOMMERCE
10.4.1 RTP PROVIDES A COMPETITIVE EDGE TO THE RETAIL AND ECOMMERCE VENDORS BY OFFERING THEM WITH FASTER MODES OF PAYMENT
10.5 GOVERNMENT
10.5.1 GOVERNMENTS USE RTP TO UPLIFT ECONOMIES AND PROMOTE CASHLESS TRANSACTIONS ACROSS THE GLOBE
10.6 ENERGY AND UTILITIES
10.6.1 RTP OFFERS ONLINE BILLING SOLUTIONS AND REAL-TIME RATING FOR ENHANCED CUSTOMER EXPERIENCE
10.7 OTHERS
11 REAL-TIME PAYMENTS MARKET, BY REGION
11.1 INTRODUCTION
11.2 NORTH AMERICA
11.2.1 UNITED STATES
11.2.1.1 RTP systems make payments simpler, faster, and secure
11.2.2 CANADA
11.2.2.1 Canadian individuals and merchants are adopting RTP solutions to encourage customers for making instant payments
11.3 EUROPE
11.3.1 UNITED KINGDOM
11.3.1.1 Increasing adoption of omnichannel RTP solutions among financial institutions and merchants
11.3.2 SWEDEN
11.3.2.1 As RTP is gaining popularity in Sweden, it presents growth opportunities for the RTP solution and service providers
11.3.3 DENMARK
11.3.3.1 The Government of Denmark is investing in RTP systems to make payment settlements quicker
11.3.4 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 JAPAN
11.4.1.1 The RTP market in Japan is expected to grow due to the upgradation in instant retail payments
11.4.2 CHINA
11.4.2.1 The large population results in many RTP transactions
11.4.3 INDIA
11.4.3.1 Government initiatives and demonetization are the major driving factors for the growing RTP market
11.4.4 REST OF ASIA PACIFIC
11.5 MIDDLE EAST AND AFRICA
11.5.1 UNITED ARAB EMIRATES
11.5.1.1 Growing digital initiatives would offer opportunities to deploy RTP solution in UAE
11.5.2 SOUTH AFRICA
11.5.2.1 Rise in the adoption of advanced digital technologies would provide opportunities for RTP services
11.5.3 REST OF MIDDLE EAST AND AFRICA
11.6 LATIN AMERICA
11.6.1 BRAZIL
11.6.1.1 Rising focus of RTP solution providers in Brazil would boost the market growth in the coming years
11.6.2 MEXICO
11.6.2.1 The revolution of various technologies in Mexico may create a demand for RTP solutions in the coming years
11.6.3 REST OF LATIN AMERICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 RANKING OF KEY PLAYERS, 2018
12.3 COMPETITIVE SCENARIO
12.3.1 NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT/SERVICE ENHANCEMENTS
12.3.2 AGREEMENTS AND PARTNERSHIPS
12.3.3 ACQUISITIONS
12.3.4 EXPANSIONS
13 COMPANY PROFILES
(Business overview, Solutions and Services offered, Recent developments, SWOT analysis & MnM View)*
13.1 ACI WORLDWIDE
13.2 FIS
13.3 FISERV
13.4 PAYPAL
13.5 WIRECARD
13.6 MASTERCARD
13.7 WORLDLINE
13.8 TEMENOS
13.9 VISA
13.10 APPLE
13.11 ALIPAY (ANT FINANCIAL)
13.12 GLOBAL PAYMENTS
13.13 CAPEGEMINI
13.14 ICON SOLUTIONS
13.15 REPAY
13.16 INTEGRAPAY
13.17 SIA
13.18 OBOPAY
13.19 RIPPLE
13.20 PELICAN
13.21 FINASTRA
13.22 NETS
13.23 FSS
13.24 INTELLIGENT PAYMENTS
13.25 MONTRAN
*Details on Business overview, Solutions and Services offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
14 APPENDIX
14.1 INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
LIST OF TABLES
Table 1 UNITED STATES DOLLAR EXCHANGE RATE, 2015–2017
Table 2 GLOBAL REAL-TIME PAYMENTS MARKET SIZE AND GROWTH RATE, 2016–2023
Table 3 SMARTPHONE USERS BY COUNTRY, 2017–2023 (MILLION)
Table 4 REAL-TIME PAYMENT SCHEMES ACROSS THE WORLD, 2018
Table 5 USE CASES FOR DIFFERENT NATURE OF PAYMENTS
Table 6 REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 7 PERSON-TO-PERSON: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 8 PERSON-TO-BUSINESS: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 9 BUSINESS-TO-PERSON: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 10 OTHERS: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 11 REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 12 REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 13 PAYMENT GATEWAY: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 14 PAYMENT PROCESSING: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 15 PAYMENT SECURITY AND FRAUD MANAGEMENT SOLUTION: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 16 REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 17 PROFESSIONAL SERVICES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 18 MANAGED SERVICES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 19 REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 20 ON-PREMISES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 21 CLOUD: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 22 REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 23 SMALL AND MEDIUM-SIZED ENTERPRISES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 24 LARGE ENTERPRISES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 25 REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 26 BANKING, FINANCIAL SERVICES, AND INSURANCE: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 27 IT AND TELECOMMUNICATIONS: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 28 RETAIL AND ECOMMERCE: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 29 GOVERNMENT: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 30 ENERGY AND UTILITIES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 31 OTHERS: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 32 REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 33 SMARTPHONE USERS IN NORTH AMERICA, 2018–2023 (MILLION)
Table 34 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 35 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 36 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 37 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 38 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 39 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 40 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 41 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 42 SMARTPHONE USERS IN EUROPE, 2018–2023 (MILLION)
Table 43 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 44 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 45 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 46 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 47 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 48 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 49 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 50 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 51 SMARTPHONE USERS IN ASIA PACIFIC, 2018–2023 (MILLION)
Table 52 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 53 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 54 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 55 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 56 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 57 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 58 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 59 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 60 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 61 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 62 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 63 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 64 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 65 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 66 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 67 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 68 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 69 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 70 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 71 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 72 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 73 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 74 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 75 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 76 NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT/SERVICE ENHANCEMENTS, 2015–2018
Table 77 AGREEMENTS AND PARTNERSHIPS, 2016–2018
Table 78 ACQUISITIONS, 2015–2018
Table 79 EXPANSIONS, 2016–2018
Table 1 UNITED STATES DOLLAR EXCHANGE RATE, 2015–2017
Table 2 GLOBAL REAL-TIME PAYMENTS MARKET SIZE AND GROWTH RATE, 2016–2023
Table 3 SMARTPHONE USERS BY COUNTRY, 2017–2023 (MILLION)
Table 4 REAL-TIME PAYMENT SCHEMES ACROSS THE WORLD, 2018
Table 5 USE CASES FOR DIFFERENT NATURE OF PAYMENTS
Table 6 REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 7 PERSON-TO-PERSON: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 8 PERSON-TO-BUSINESS: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 9 BUSINESS-TO-PERSON: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 10 OTHERS: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 11 REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 12 REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 13 PAYMENT GATEWAY: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 14 PAYMENT PROCESSING: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 15 PAYMENT SECURITY AND FRAUD MANAGEMENT SOLUTION: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 16 REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 17 PROFESSIONAL SERVICES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 18 MANAGED SERVICES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 19 REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 20 ON-PREMISES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 21 CLOUD: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 22 REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 23 SMALL AND MEDIUM-SIZED ENTERPRISES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 24 LARGE ENTERPRISES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 25 REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 26 BANKING, FINANCIAL SERVICES, AND INSURANCE: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 27 IT AND TELECOMMUNICATIONS: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 28 RETAIL AND ECOMMERCE: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 29 GOVERNMENT: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 30 ENERGY AND UTILITIES: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 31 OTHERS: REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 32 REAL-TIME PAYMENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 33 SMARTPHONE USERS IN NORTH AMERICA, 2018–2023 (MILLION)
Table 34 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 35 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 36 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 37 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 38 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 39 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 40 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 41 NORTH AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 42 SMARTPHONE USERS IN EUROPE, 2018–2023 (MILLION)
Table 43 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 44 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 45 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 46 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 47 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 48 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 49 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 50 EUROPE: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 51 SMARTPHONE USERS IN ASIA PACIFIC, 2018–2023 (MILLION)
Table 52 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 53 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 54 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 55 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 56 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 57 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 58 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 59 ASIA PACIFIC: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 60 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 61 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 62 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 63 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 64 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 65 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 66 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 67 MIDDLE EAST AND AFRICA: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 68 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
Table 69 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY NATURE OF PAYMENT, 2016–2023 (USD MILLION)
Table 70 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 71 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY SOLUTION, 2016–2023 (USD MILLION)
Table 72 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 73 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
Table 74 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY ENTERPRISE SIZE, 2016–2023 (USD MILLION)
Table 75 LATIN AMERICA: REAL-TIME PAYMENTS MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
Table 76 NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT/SERVICE ENHANCEMENTS, 2015–2018
Table 77 AGREEMENTS AND PARTNERSHIPS, 2016–2018
Table 78 ACQUISITIONS, 2015–2018
Table 79 EXPANSIONS, 2016–2018
LIST OF FIGURES
Figure 1 COUNTRIES COVERED
Figure 2 REAL-TIME PAYMENTS MARKET: RESEARCH DESIGN
Figure 3 REAL-TIME PAYMENTS MARKET: BOTTOM-UP APPROACH
Figure 4 REAL-TIME PAYMENTS MARKET: TOP-DOWN APPROACH
Figure 5 ASIA PACIFIC IS ESTIMATED TO ACCOUNT FOR THE HIGHEST MARKET SHARE IN 2018
Figure 6 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY NATURE OF PAYMENT, 2018
Figure 7 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY COMPONENT, 2018
Figure 8 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY SOLUTION, 2018
Figure 9 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY SERVICE, 2018
Figure 10 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY DEPLOYMENT MODE, 2018
Figure 11 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY ENTERPRISE SIZE, 2018
Figure 12 REAL-TIME PAYMENTS MARKET SNAPSHOT, TOP 5 VERTICALS
Figure 13 GLOBAL REAL-TIME PAYMENTS MARKET IS EXPECTED TO WITNESS SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
Figure 14 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 15 PAYMENT SECURITY GATEWAY SOLUTION AND THE ASIA PACIFIC REGION ARE ESTIMATED TO ACCOUNT FOR THE HIGHEST MARKET SHARES IN 2018
Figure 16 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO REGISTER THE HIGHEST MARKET SHARE IN 2018
Figure 17 REAL-TIME PAYMENTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
Figure 18 PAYMENT SYSTEM EVOLUTIONS OVERVIEW
Figure 19 PERSON-TO-PERSON NATURE OF PAYMENT IS EXPECTED TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 20 SERVICES SEGMENT IS EXPECTED TO EXHIBIT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 21 PAYMENT SECURITY AND FRAUD MANAGEMENT SEGMENT IS EXPECTED TO EXHIBIT THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 22 PAYMENT SECURITY AND FRAUD MANAGEMENT SOLUTIONS SEGMENT IS EXPECTED TO EXHIBIT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 23 PROFESSIONAL SERVICES SEGMENT IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 24 CLOUD DEPLOYMENT MODE IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 25 LARGE ENTERPRISES SEGMENT IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 26 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 27 ASIA PACIFIC IS EXPECTED TO REGISTER THE LARGEST MARKER SIZE AND THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 28 INDIA IS EXPECTED TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 29 GLOBAL VOLUME OF ELECTRONIC PAYMENTS (USD BILLION)
Figure 30 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 31 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 32 EUROPE: VOLUME OF ECOMMERCE PURCHASES VIA REAL-TIME PAYMENTS
Figure 33 ASIA PACIFIC: MARKET SNAPSHOT
Figure 34 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 35 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 36 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 37 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE RTP MARKET DURING 2015–2018
Figure 38 ACI WORLDWIDE LED THE REAL-TIME PAYMENTS MARKET IN 2018
Figure 39 ACI WORLDWIDE: COMPANY SNAPSHOT
Figure 40 ACI WORLDWIDE: SWOT ANALYSIS
Figure 41 FIS: COMPANY SNAPSHOT
Figure 42 FIS: SWOT ANALYSIS
Figure 43 FISERV: COMPANY SNAPSHOT
Figure 44 FISERV: SWOT ANALYSIS
Figure 45 PAYPAL: COMPANY SNAPSHOT
Figure 46 PAYPAL: SWOT ANALYSIS
Figure 47 WIRECARD: COMPANY SNAPSHOT
Figure 48 WIRECARD: SWOT ANALYSIS
Figure 49 MASTERCARD: COMPANY SNAPSHOT
Figure 50 WORLDLINE: COMPANY SNAPSHOT
Figure 51 TEMENOS: COMPANY SNAPSHOT
Figure 52 VISA: COMPANY SNAPSHOT
Figure 53 APPLE: COMPANY SNAPSHOT
Figure 54 GLOBAL PAYMENTS: COMPANY SNAPSHOT
Figure 55 CAPEGEMINI: COMPANY SNAPSHOT
Figure 56 SIA: COMPANY SNAPSHOT
Figure 57 NETS: COMPANY SNAPSHOT
Figure 1 COUNTRIES COVERED
Figure 2 REAL-TIME PAYMENTS MARKET: RESEARCH DESIGN
Figure 3 REAL-TIME PAYMENTS MARKET: BOTTOM-UP APPROACH
Figure 4 REAL-TIME PAYMENTS MARKET: TOP-DOWN APPROACH
Figure 5 ASIA PACIFIC IS ESTIMATED TO ACCOUNT FOR THE HIGHEST MARKET SHARE IN 2018
Figure 6 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY NATURE OF PAYMENT, 2018
Figure 7 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY COMPONENT, 2018
Figure 8 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY SOLUTION, 2018
Figure 9 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY SERVICE, 2018
Figure 10 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY DEPLOYMENT MODE, 2018
Figure 11 REAL-TIME PAYMENTS MARKET SNAPSHOT, BY ENTERPRISE SIZE, 2018
Figure 12 REAL-TIME PAYMENTS MARKET SNAPSHOT, TOP 5 VERTICALS
Figure 13 GLOBAL REAL-TIME PAYMENTS MARKET IS EXPECTED TO WITNESS SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
Figure 14 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 15 PAYMENT SECURITY GATEWAY SOLUTION AND THE ASIA PACIFIC REGION ARE ESTIMATED TO ACCOUNT FOR THE HIGHEST MARKET SHARES IN 2018
Figure 16 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO REGISTER THE HIGHEST MARKET SHARE IN 2018
Figure 17 REAL-TIME PAYMENTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
Figure 18 PAYMENT SYSTEM EVOLUTIONS OVERVIEW
Figure 19 PERSON-TO-PERSON NATURE OF PAYMENT IS EXPECTED TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 20 SERVICES SEGMENT IS EXPECTED TO EXHIBIT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 21 PAYMENT SECURITY AND FRAUD MANAGEMENT SEGMENT IS EXPECTED TO EXHIBIT THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 22 PAYMENT SECURITY AND FRAUD MANAGEMENT SOLUTIONS SEGMENT IS EXPECTED TO EXHIBIT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 23 PROFESSIONAL SERVICES SEGMENT IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 24 CLOUD DEPLOYMENT MODE IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 25 LARGE ENTERPRISES SEGMENT IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
Figure 26 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 27 ASIA PACIFIC IS EXPECTED TO REGISTER THE LARGEST MARKER SIZE AND THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 28 INDIA IS EXPECTED TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
Figure 29 GLOBAL VOLUME OF ELECTRONIC PAYMENTS (USD BILLION)
Figure 30 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 31 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 32 EUROPE: VOLUME OF ECOMMERCE PURCHASES VIA REAL-TIME PAYMENTS
Figure 33 ASIA PACIFIC: MARKET SNAPSHOT
Figure 34 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 35 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 36 RETAIL AND ECOMMERCE VERTICAL IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
Figure 37 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE RTP MARKET DURING 2015–2018
Figure 38 ACI WORLDWIDE LED THE REAL-TIME PAYMENTS MARKET IN 2018
Figure 39 ACI WORLDWIDE: COMPANY SNAPSHOT
Figure 40 ACI WORLDWIDE: SWOT ANALYSIS
Figure 41 FIS: COMPANY SNAPSHOT
Figure 42 FIS: SWOT ANALYSIS
Figure 43 FISERV: COMPANY SNAPSHOT
Figure 44 FISERV: SWOT ANALYSIS
Figure 45 PAYPAL: COMPANY SNAPSHOT
Figure 46 PAYPAL: SWOT ANALYSIS
Figure 47 WIRECARD: COMPANY SNAPSHOT
Figure 48 WIRECARD: SWOT ANALYSIS
Figure 49 MASTERCARD: COMPANY SNAPSHOT
Figure 50 WORLDLINE: COMPANY SNAPSHOT
Figure 51 TEMENOS: COMPANY SNAPSHOT
Figure 52 VISA: COMPANY SNAPSHOT
Figure 53 APPLE: COMPANY SNAPSHOT
Figure 54 GLOBAL PAYMENTS: COMPANY SNAPSHOT
Figure 55 CAPEGEMINI: COMPANY SNAPSHOT
Figure 56 SIA: COMPANY SNAPSHOT
Figure 57 NETS: COMPANY SNAPSHOT
