Real-Time Payments Market Revenue, Growth, Size, Demand, Opportunities and Future Trends 2032

Real Time Payments Market Size- By Component, By Deployment, By End-Use Industry, By Enterprise Size, By Payment Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Real Time Payments Market Size- By Component, By Deployment, By End-Use Industry, By Enterprise Size, By Payment Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Published: Feb 2023 Report ID: IACT2322 Pages: 1 - 207 Formats*:     
Category : Information & Communications Technology
Global Real-Time Payments Market Overview

According to SPER Market Research, the Global Real-Time Payments Market is estimated to reach USD 372.85 billion by 2032 with a CAGR of 35.73%. 

Real-Time Payments are interbank, fully electronic transactions in which funds are irrevocably transferred from one bank to another and confirmation of the transaction is made available to the payer and the recipient within one minute or less. Because real-time payments are less expensive, quicker, more efficient, and potentially less risky than traditional methods of transmitting money, they are appealing to both businesses and consumers. Some of the key advantages of real-time payments that drive the market expansion include real-time transaction processing, payment device versatility, shorter transaction times, and increased convenience. Retailers and customers can now conduct real-time payments using their smartphones thanks to the widespread adoption of real-time payments among merchants, increased smartphone usage, and better connectivity.
Real-Time Payments Market
Impact of COVID-19 on the Global Real-Time Payments Market  
The COVID-19 epidemic had a favorable effect on the real-time payments sector since it caused a decline in cash and check payments while increasing contactless payment trends. In addition, in response to COVID-19 concerns, banks and merchants all around the world are raising the restrictions on real-time payment transactions to enable bigger value payments to be performed without touching the terminal.

Real-Time Payments Market


Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Component, By Deployment, By End-use Industry, By Enterprise Size, By Payment Type 
 Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
 Companies CoveredACI Worldwide, Inc.; Mastercard Inc.; Finastra; Visa Inc.; PayPal Holdings, Inc.; Fiserv, Inc.; Fidelity National Information Services, Inc. (FIS Inc.); Wirecard AG; Worldpay, Inc.; Temenos AG; Montran Corporation; Volante Technologies Inc.
Global Real-Time Payments Market Segmentation:
1. By Component:
  • Services
  • Solutions
  • Advisory Services
  • Integration & Implementation Services
  • Managed Services
  • Payment Gateway
  • Payment Processing
  • Security & Fraud Management
2. By Deployment:
  • Cloud
  • On Premise
3. By End-use Industry:
  • BFSI
  • Energy & Utilities
  • Government
  • Healthcare
  • IT & Telecom
  • Retail & E-commerce
  • Travel & Tourism 
  • Others
4. By Enterprise Size:
  • Large Enterprises
  • Small & Medium Enterprises
5. By Payment Type:
  • P2B
  • B2B
  • P2P 
  • Others
6. By Region:
  • Asia-Pacific
  • Europe
  • Middle East & Africa
  • North America
  • Latin America
Key Topics Covered in the Report:
  • Size of Global Real Time Payment Market (FY’2019-FY’2032)
  • Overview of Global Real Time Payment Market 
  • Segmentation of Global Real Time Payment Market By Component (Services, Solutions)
  • Segmentation of Global Real Time Payment Market By Deployment (Cloud, On Premise)
  • Segmentation of Global Real Time Payment Market By End-use Industry (BFSI , Energy & Utilities ,Government ,Healthcare ,IT & Telecom ,Retail & E-commerce ,Travel & Tourism, Others)
  • Segmentation of Global Real Time Payment Market By Enterprise Size (Large Enterprise, Small and Medium Enterprises)
  • Segmentation of Global Real Time Payment Market By Payment Type (P2B, B2B , P2P,Others)
  • Statistical Snap of Global Real Time Payment Market 
  • Growth Analysis of Global Real Time Payment Market 
  • Problems and Challenges in Global Real Time Payment Market 
  • Competitive Landscape in the Global Real Time Payment Market 
  • Impact of COVID-19 and Demonetization on Global Real Time Payment Market 
  • Details on Recent Investment in Global Real Time Payment Market 
  • Competitive Analysis of Global Real Time Payment Market 
  • Major Players in the Global Real Time Payment Market 
  • SWOT Analysis of Global Real Time Payment Market 
  • Global Real Time Payment Market Future Outlook and Projections (FY’2019-FY’2032)
  • Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2.Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Real Time Payments Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Competitive Landscape 
6.1 Global Real Time Payment Market Manufacturing Base Distribution, Sales Area, Product Type 
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Real Time Payment Market

7. Global Real Time Payment Market, By Component, 2019-2032 (USD Million)
7.1 Services
7.2 Solutions
7.2.1 Advisory Services
7.2.2 Integration & Implementation Services
7.2.3 Managed Services
7.2.4 Payment Gateway
7.2.5 Payment Processing
7.2.6 Security & Fraud Management

8. Global Real Time Payment Market, By Deployment, 2019-2032 (USD Million)
8.1 Cloud
8.2 On Premise

9. Global Real Time Payment Market, By End-use Industry, 2019-2032 (USD Million)
9.1 BFSI
9.2 Energy & Utilities
9.3 Government
9.4 Healthcare
9.5 IT & Telecom
9.6 Retail & E-commerce
9.7 Travel & Tourism 
9.8 Others

10. Global Real Time Payment Market, By Enterprise Size, 2019-2032 (USD Million)
10.1 Large Enterprises
10.2 Small & Medium Enterprises

11.Global Real Time Payment Market, By Payment Type, 2019-2032 (USD Million)
11.1 P2B
11.2 B2B
11.3 P2P 
11.4 Others

12.Global Real Time Payment Market, By Region, 2019-2032 (USD Million)
12.1 Global Real Time Payment Market Size and Market Share by Region (2019-2025) 
12.2 Global Real Time Payment Market Size and Market Share by Region (2026-2032)
12.3 Asia-Pacific
12.3.1 Australia
12.3.2 China
12.3.3 India
12.3.4 Japan
12.3.5 South Korea
12.3.6 Rest of Asia-Pacific
12.4 Europe
12.4.1 France
12.4.2 Germany
12.4.3 Italy
12.4.4 Spain
12.4.5 United Kingdom
12.4.6 Rest of Europe
12.5 Middle East and Africa
12.5.1 Kingdom of Saudi Arabia 
12.5.2 United Arab Emirates
12.5.3 Rest of Middle East & Africa
12.6 North America
12.6.1 Canada
12.6.2 Mexico
12.6.3 United States
12.7 Latin America
12.7.1 Argentina
12.7.2 Brazil
12.7.3 Rest of Latin America

13.Company Profiles
13.1 ACI Worldwide, Inc.
13.1.1 Company details 
13.1.2 Financial outlook
13.1.3 Product summary 
13.1.4 Recent developments
13.2 Fidelity National Information Services, Inc. (FIS Inc.)
13.2.1 Company details
13.2.2 Financial outlook
13.2.3 Product summary 
13.2.4 Recent developments
13.3 Finastra
13.3.1 Company details 
13.3.2 Financial outlook
13.3.3 Product summary 
13.3.4 Recent developments
13.4 Fiserv, Inc. 
13.4.1 Company details 
13.4.2 Financial outlook
13.4.3 Product summary 
13.4.4 Recent developments
13.5 Mastercard Inc.
13.5.1 Company details 
13.5.2 Financial outlook
13.5.3 Product summary 
13.5.4 Recent developments
13.6 Montran Corp.
13.6.1 Company details 
13.6.2 Financial outlook
13.6.3 Product summary 
13.6.4 Recent developments
13.7 PayPal Holdings, Inc.
13.7.1 Company details 
13.7.2 Financial outlook
13.7.3 Product summary 
13.7.4 Recent developments
13.8 Temenos AG
13.8.1 Company details 
13.8.2 Financial outlook
13.8.3 Product summary 
13.8.4 Recent developments
13.9 Visa Inc. 
13.9.1 Company details 
13.9.2 Financial outlook
13.9.3 Product summary 
13.9.4 Recent developments
13.10 Volante Technologies Inc.
13.10.1 Company details 
13.10.2 Financial outlook
13.10.3 Product summary 
13.10.4 Recent developments
13.11 Wirecard AG
13.11.1 Company details 
13.11.2 Financial outlook
13.11.3 Product summary 
13.11.4 Recent developments
13.12 Worldplay Inc.
13.12.1 Company details 
13.12.2 Financial outlook
13.12.3 Product summary 
13.12.4 Recent developments

14.List of Abbreviations

15.Reference Links

16.Conclusion

17.Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
Retailers and customers can now conduct real-time payments using their smartphones thanks to the widespread adoption of real-time payments among merchants, increased smartphone usage, and better connectivity.
Real Time Payments Market is projected to reach USD 372.85 billion by 2032, growing at a CAGR of 35.73% during the forecast period.
Real Time Payments Market grew in market size from 2021. The Market is expected to reach USD 372.85 billion by 2032, at a CAGR of 35.73% during the forecast period.
Real Time Payments Market CAGR of 35.73% during the forecast period.
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Real Time Payments Market size is USD 372.85 billion from 2022 to 2032.
Real Time Payments Market Segment is Covered By Component, By Deployment, By End-use Industry, By Enterprise Size, By Payment Type.
The North America region is anticipated to have the highest market share in Real Time Payments Market.
The key players in the market include Companies Covered ACI Worldwide, Inc.; Mastercard Inc.; Finastra; Visa Inc.; PayPal Holdings, Inc.; Fiserv, Inc.; Fidelity National Information Services, Inc. (FIS Inc.); Wirecard AG; Worldpay, Inc.; Temenos AG; Montran Corporation; Volante Technologies Inc.
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