B2B Payments Transaction

B2B Payments Transaction Market is Set to Grow to $70 Billion by 2030 B2B Payments Transaction Market Size, Share, Growth Analysis - Global Industry Analysis, Trends, Regional Outlook, and Forecast 2021 – 2030

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[150+ Pages Report] The B2B Payments Transaction market size in terms of value is projected to reach $ 70 billion by 2030, at a CAGR of 10.7% between 2021 and 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

The study provides the overall revenue of the global B2B Payments Transaction market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global B2B Payments Transaction market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the B2B Payments Transaction industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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Crucial factors accountable for market growth are:

  • Rapid expansion of trades across the globe
  • Increased import and export of goods & services
  • Surge in volume of totalB2B payments
  • Growth in number of online payment activities
  • Growing per capita healthcare spending
  • Rapid trend among the domestic small and medium sized companies to engage in massive trades
  • Integration of automation technology in B2B payment

Regional Snapshots

North America dominated the global B2B Payments Transaction market in 2020 and projected to augment the market in the coming years. The prime factor attributed for its growth is availability of advanced infrastructure that helps facilitating the online payment. In addition to this, the high spending by U.S. and Canada government on securing the transaction network, coupled with an availability of standard rules and regulations pertaining to online payment is further anticipated to encourage growth of the market in this region.

Asia Pacific projected as the most opportunistic region during the forecast period. The prime factor attributed to ongoing proliferation of business-to-business eCommerce market as well as surge in adoption of financial technology. In addition to this, digital transformation trend along with the strategic partnerships among global and local industry players have fueled adoption of B2B payments transaction in the region.

Report Highlights

  • Domestic Payments segment led the global B2B payments transaction market with remarkable revenue share in 2020. Upsurge in number of small and medium sized enterprises in the countries such as India and China is primarily uplifting the segment growth.
  • By enterprise size, large enterprises held the major revenue share in the global B2B Payments Transaction market in 2020 owing to rising B2B payments transactions among the large manufacturer and wholesaler.
  • By payment mode, traditional held the major revenue share in the global B2B Payments Transaction market in 2020 owing to current preference by large companies towards traditional payments.
  • By industry vertical, manufacturing held the major revenue share in the global B2B Payments Transaction market in 2020.

Report Coverage:

Report Scope Details
Market Size USD 70 Billion by 2030
Growth Rate CAGR of 10.7% from 2021 to 2030
Base year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Payment Type, Enterprise Size, Payment Mode, Industry Vertical
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, South America
Companies Mentioned American Express, Bank of America Corporation, Capital One, Mastercard, Citigroup Inc., TransferWise Ltd., Payoneer Inc., PayPal Holdings Inc., Square Inc., and Visa Inc.

Market Dynamics

Driver

Growth of the global B2B payments transaction market is mainly driven by rapid expansion of trades across the globe due to an increased import and export of goods & services. For instance, developing nations have become significantly important in world tradewith several developing countries such as India and China have considerably augmented their exports of manufactures and services. Several studies indicate that the trade among developing nations has grown rapidly, with over 40% of their exports is going to other developing nations.

Restraint

The business revenue losses along with the discontinuation in business operations primarily hampers growth of the market during forecast period.

Opportunity

There is risingshift within the B2B ecosystem towards digital technologies. For the businesses, digitization ofaccounts receivable and accounts payable functions allows significant workflow automation by reducing thehuman errors and labor costs associated with manual processing of payments. Hence, digitization ofB2B payments transaction significantly creates lucrative growth opportunities for the market growth during the forecast period.

Challenges

Upsurge in fraud cases across business payment industry is anticipated to challenge growth of the global B2B payments transaction market. This is attributed to the fact that more number of large as well as small businesses are at risk of payments fraud. For instance, in November 2019, the police department of Irelandhave alarmed about the threat of B2B payments fraud after a number of businesses in the country lost thousands of dollars to business email compromise (BEC) scams.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global B2B Payments Transaction market are as follows:

  • American Express
  • Bank of America Corporation
  • Capital One
  • Mastercard
  • Citigroup Inc.
  • TransferWise Ltd.
  • Payoneer Inc.
  • PayPal Holdings Inc.
  • Square Inc.
  • Visa Inc.

Market Segmentation

By Payment Type

  • Domestic Payments
  • Cross-Border Payments

By Enterprise Size

  • Large Enterprises
  • Small and Medium Sized Enterprises

By Payment Mode

  • Traditional
  • Digital

By Industry Vertical

  • BFSI
  • Manufacturing
  • Metals & Mining
  • IT & Telecom
  • Energy & Utilities
  • Others

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the B2B Payments Transaction market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global B2B Payments Transaction market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for B2B Payments Transaction are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global B2B Payments Transaction Market, By Payment

7.1. B2B Payments Transaction Market, by Payment Type, 2021-2030

7.1.1. Product Offering

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Cross-Border Payments

7.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global B2B Payments Transaction Market, By Enterprise Size

8.1. B2B Payments Transaction Market, by Enterprise Size, 2021-2030

8.1.1. Large Enterprises

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Small Enterprises

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Medium Enterprises

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global B2B Payments Transaction Market, By Payment Mode Type 

9.1. B2B Payments Transaction Market, by Payment Mode Type, 2021-2030

9.1.1. Traditional

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Digital

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global B2B Payments Transaction Market, By Industry Vertical Type 

10.1. B2B Payments Transaction Market, by Industry Vertical Type, 2021-2030

10.1.1. BFSI

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Manufacturing

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Metals & Mining

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. IT & Telecom

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Energy & Utilities

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Others

10.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global B2B Payments Transaction Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Payment (2017-2030)

11.1.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.1.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.1.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Payment (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.1.5.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Payment (2017-2030)

11.1.6.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.1.6.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.1.6.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Payment (2017-2030)

11.2.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.2.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.2.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Payment (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.2.5.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Payment (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.2.6.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Payment (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.2.7.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Payment (2017-2030)

11.2.8.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.2.8.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.2.8.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Payment (2017-2030)

11.3.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.3.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.3.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Payment (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.3.5.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Payment (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.3.6.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Payment (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.3.7.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Payment (2017-2030)

11.3.8.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.3.8.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.3.8.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Payment (2017-2030)

11.4.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.4.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.4.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Payment (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.4.5.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Payment (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.4.6.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Payment (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.4.7.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Payment (2017-2030)

11.4.8.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.4.8.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.4.8.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Payment (2017-2030)

11.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.5.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.5.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Payment (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.5.5.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Payment (2017-2030)

11.5.6.2. Market Revenue and Forecast, by Enterprise Size (2017-2030)

11.5.6.3. Market Revenue and Forecast, by Payment Mode Type (2017-2030)

11.5.6.4. Market Revenue and Forecast, by Industry Vertical Type (2017-2030)

Chapter 12. Company Profiles

12.1. American Express

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Bank of America Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Capital One

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Mastercard

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Citigroup Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. TransferWise Ltd.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Payoneer Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. PayPal Holdings Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Square Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Visa Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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