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Business and Finance
Digital Payment Market Size, Share and Forecast Trends - Growth Analysis and Outlook Report (2026-2035)
Historical and Forecast Market Trends 2019-35
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The global digital payment market size reached a value of USD 161.42 Billion in 2025. The market is likely to grow at a CAGR of 15.30% during 2026-2035 to attain a value of USD 670.27 Billion by 2035. Satisfying the soaring demand for digital transactions, the digital payment market has greatly proliferated, assisting users globally to embrace remote payments as their new normal.
With the advent of smartphones, it is gaining acceptance everywhere they are helping people to transact without cash, making it convenient and easy to pay to consumers. There are several different types of digital payment methods including mobile wallets, e-commerce, and contactless cards. More businesses and consumers are exploring the benefits of speed, security and convenience, and demand for cashless transactions is growing. According to the market report, the digital payment market will keep growing as it is powered by technological development and an evolving trend towards a cashless society.
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The leading businesses in the market for digital payments are listed below. Together, these businesses control the majority of the market and set the direction of the sector. To map the supply network, these digital payment companies' financials, strategy maps, and goods are examined.
Digital Payment Market
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the global market for digital payment attained a value of USD 161.42 Billion.
The market is projected to grow at a CAGR of 15.30% between 2026 and 2035.
The market is estimated to reach USD 670.27 Billion by 2035.
The major drivers of the digital payment market include the expanding economies, growing preference for contactless services, increasing availability of smart wallets, and increase in in-app services for booking hotels, flight tickets, offers.
Increasing penetration of smartphones and various government initiatives are the key trends propelling the market's growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major players in the market are Square, Inc., Fiserv, Inc., PayPal Holdings, Inc., Visa Inc., MasterCard Incorporated, Apple Inc., One97 Communications Limited, Fidelity National Information Services, Inc. (FIS), Global Payments Direct, Inc., Google LLC, Worldline S.A., Adyen N.V., Aliant Payments, Aurus Inc., Financial Software & Systems Pvt. Ltd., Novatti Group Pty Ltd., ACI Worldwide, Inc., Wirecard, and Authorize.Net, among others.
Layers of device security, such as API private keys and tokenisation, are used to secure digital payments.
The various solutions in the market include payment gateway, payment security and fraud management, payment processing, and transaction risk management, among others.
The different modes of payment in the market include digital wallets, bank cards, net banking, and digital currencies, among others.
Asia Pacific accounted for the largest share of the market.
Opportunities include blockchain adoption, mobile payments, AI-driven security, cross-border transactions, and underserved regions.
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