COVID-19 Pandemic Impact on Global Payment Gateways Market 2020-2024|Technavio

The payment gateways market is expected to register a CAGR of almost 17% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

Request for Technavio's market report estimates including pre- and post-COVID-19 impact on payment gateways market. Download a Free Sample Report on the impact of COVID-19 pandemic analysis.

Due to the extensive spread of the virus across the globe, the information technology industry is anticipated to have Mixed impact. The payment gateways market will showcase Neutral impact during 2020-2024.

Payment Gateways Market 2020-2024: Segmentation

Payment Gateways Market is segmented as below:

• End-user
  • Large Enterprises
  • Micro and Small Enterprises
  • Mid-sized Enterprises
• Geography
  • North America
  • Europe
  • APAC
  • South America

North America region will account for the highest incremental growth during the forecast period.

With the surging growth of COVID-19 pandemic, the Information Technology market is anticipated to have a Direct impact during the forecast period. View market snapshot before purchasing

High adoption of contactless payment solutions has been an instrumental factor in influencing the growth of payment gateways market. Other market drivers include increased use of m-commerce. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, base case and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis as the spread reaches a global level and updates on market estimates

Get more insights about the global trends impacting the future of payment gateways market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43177

Payment Gateways Market 2020-2024: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include Amazon.com Inc., CCBill, Fidelity National Information Services Inc., Global Payments Inc., Ingenico Group SA, JPMorgan Chase & Co., PayPal Holdings Inc., Square Inc., Stripe Inc., and Visa Inc.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End user
• Large enterprises - Market size and forecast 2019-2024
• Micro and small enterprises - Market size and forecast 2019-2024
• Mid-sized enterprises - Market size and forecast 2019-2024
• Market opportunity by End user

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Amazon.com Inc.
• CCBill
• Fidelity National Information Services Inc.
• Global Payments Inc.
• Ingenico Group SA
• JPMorgan Chase & Co.
• PayPal Holdings Inc.
• Square Inc.
• Stripe Inc.
• Visa Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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