Enjoy complimentary customisation on priority with our Enterprise License!
The Real Time Payments market size is forecast to increase by USD 112.32 billion at a CAGR of 40.94% between 2023 and 2028. Market growth hinges on several pivotal factors: the widespread adoption of smartphones and easy access to high-speed internet, escalating demand for payment solutions among both customers and merchants, and proactive government initiatives aimed at boosting digital payment adoption. These elements collectively propel the market forward by facilitating seamless and efficient transactions in the digital realm. The surge in smartphone usage and internet connectivity fosters a conducive environment for digital payment systems to thrive. Additionally, heightened demand from diverse customer segments and businesses underscores the importance of convenient, secure, and versatile payment options, further fueling the market's expansion. Government support further solidifies this growth trajectory, encouraging broader acceptance and integration of digital payment solutions across various sectors and industries.
To learn more about this report, Download Report Sample
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.