Global E-commerce Payment Market to grow at a CAGR of 16.42% during the period 2016 - 2020; Finds New Report

Report forecast the global e-commerce payment market to grow at a CAGR of 16.42% during the period 2016-2020.

The Internet is likely to be the most active trade intermediary, as it allows people to purchase goods online. Advances in technology have increased the range of devices and processes that can be transacted electronically. Many top vendors are trying to formulate different strategies to boost business and customer confidence during the forecast period.

Heavy competition in the online payments space has encouraged the top vendors to optimize their content marketing strategies to help online customers navigate better. Benefits of such strategies can be observed in the growing use of mobile chat platforms during the forecast period.

The report covers the present scenario and the growth prospects of the global e-commerce payment market for 2016-2020. To calculate the market size, the report considers the total volume of non-cash transactions sourced through e-commerce payments.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, a key growth driver is the rise of m-commerce. The growing popularity of mobile payments is offering customers the freedom to shop online even when travelling. Brick-and-mortar retailers are also offering mobile payment options to enhance their customers' shopping experience. We expect such payment technologies to create market opportunities for merchants, acquirers, and issuers during the forecast period. For instance, retailers can design special offers and loyalty accounts for customers who shop through mobile apps.

Further, the report states that one challenge that could restrict market growth is security and privacy concerns.

Global E-Commerce Payment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global e-commerce payment market: Alipay, MasterCard, Paypal, and Visa.

Other Prominent Vendors in the market are: ACH Payments, Dwolla, and WePay.

Market driver

• Rise of m-commerce
• For a full, detailed list, view our report

Market challenge

• Security and privacy concerns
• For a full, detailed list, view our report

Market trend

• Expanding payment options
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 55 pages and 20 Exhibit “Global E-Commerce Payment Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by payment mode, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://mrr.cm/Jsa

Related Reports;

Global Foreign Exchange Market 2016-2020 - Visit at - http://mrr.cm/JsR

Global Motor Vehicle Insurance Market 2016-2020 - Visit at - http://mrr.cm/JsD