Setting

Asia Pacific Digital Payments Market 2022-2032 by Component (Solutions, Services), Mode of Payment (POS, Banking Cards, Digital Wallet, Net Banking, Crypto Payments, Others), Deployment Type (On-Premises, Cloud-based), Industry Vertical, Organization Size, and Country: Trend Forecast and Growth Opportunity

Published: 31 Jan 2023 | Report Code: 10248909 | Pages: 120

Asia Pacific digital payments market will grow by 18.0% annually with a total addressable market cap of $19,288.4 billion over 2023-2032, driven by government initiatives for the promotion of digital payments, progressive changes in regulatory frameworks, better customer experience, high proliferation of smartphones enabling M-commerce growth, increase in E-commerce sales, and the growing internet penetration. Highlighted with 32 tables and 59 figures, this 120-page report “Asia Pacific Digital Payments Market 2022-2032 by Component (Solutions, Services), Mode of Payment (POS, Banking Cards, Digital Wallet, Net Banking, Crypto Payments, Others), Deployment Type (On-Premises, Cloud-based), Industry Vertical, Organization Size, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific digital payments market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific digital payments market in every aspect of the classification from perspectives of Component, Mode of Payment, Deployment Type, Industry Vertical, Organization Size, and Country. Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Solutions o Payment Gateway Solutions o Payment Processing Solutions o Payment Security and Fraud Management Solutions o Transaction Risk Management o Application Program Interface o Other Solutions • Services o Professional Services o Managed Services Based on Mode of Payment, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Point of Sale (POS) • Banking Cards • Digital Wallet • Net Banking • Crypto Payments • Other Modes of Payment By Deployment Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • On-Premises Deployment • Cloud-based Deployment By Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • BFSI • Retail and E-commerce • Healthcare • Travel and Hospitality • Media and Entertainment • IT & Telecommunication • Transportation and Logistics • Other Industry Verticals By Organization Size, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Small and Medium-Sized Enterprises • Large Enterprises Geographically, the following national/local markets are fully investigated: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Mode of Payment, and Industry Vertical over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: ACI Worldwide Inc. Adyen N.V. Aliant Payment Systems Inc. Alipay.com Co., Ltd. Alphabet Inc. Amazon Payments Inc. (Amazon.com Inc.) Apple Inc. Fiserv Inc. Global Payments Inc. MasterCard Incorporated (MasterCard) Mobiamo Inc. PayPal Holdings Inc. Paytm (One97 Communications limited) Square Inc. Stripe Inc. Visa Inc. Wordplay Inc. (Fidelity National Information Services) (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table Of Contents:
1 Introduction 7 1.1 Industry Definition and Research Scope 7 1.1.1 Industry Definition 7 1.1.2 Research Scope 8 1.2 Research Methodology 11 1.2.1 Overview of Market Research Methodology 11 1.2.2 Market Assumption 12 1.2.3 Secondary Data 12 1.2.4 Primary Data 12 1.2.5 Data Filtration and Model Design 13 1.2.6 Market Size/Share Estimation 14 1.2.7 Research Limitations 15 1.3 Executive Summary 16 2 Market Overview and Dynamics 19 2.1 Market Size and Forecast 19 2.1.1 Impact of COVID-19 on World Economy 20 2.1.2 Impact of COVID-19 on the Market 23 2.2 Major Growth Drivers 25 2.3 Market Restraints and Challenges 31 2.4 Emerging Opportunities and Market Trends 34 2.5 Porter’s Fiver Forces Analysis 38 3 Segmentation of Asia Pacific Market by Component 42 3.1 Market Overview by Component 42 3.2 Solutions 44 3.2.1 Payment Gateway Solutions 46 3.2.2 Payment Processing Solutions 47 3.2.3 Payment Security and Fraud Management Solutions 48 3.2.4 Transaction Risk Management 49 3.2.5 Application Program Interface 50 3.2.6 Other Solutions 51 3.3 Services 52 3.3.1 Professional Services 53 3.3.2 Managed Services 54 4 Segmentation of Asia Pacific Market by Mode of Payment 55 4.1 Market Overview by Mode of Payment 55 4.2 Point of Sale 57 4.3 Banking Cards 58 4.4 Digital Wallet 59 4.5 Net Banking 60 4.6 Crypto Payments 61 4.7 Other Modes of Payment 62 5 Segmentation of Asia Pacific Market by Deployment Type 63 5.1 Market Overview by Deployment Type 63 5.2 On-Premises Deployment 65 5.3 Cloud-based Deployment 66 6 Segmentation of Asia Pacific Market by Industry Vertical 67 6.1 Market Overview by Industry Vertical 67 6.2 BFSI 69 6.3 Retail and E-commerce 70 6.4 Healthcare 71 6.5 Travel and Hospitality 72 6.6 Media and Entertainment 73 6.7 IT & Telecommunication 74 6.8 Transportation and Logistics 75 6.9 Other Industry Verticals 76 7 Segmentation of Asia Pacific Market by Organization Size 77 7.1 Market Overview by Organization Size 77 7.2 Small and Medium-Sized Enterprises 79 7.3 Large Enterprises 80 8 Asia-Pacific Market 2022-2032 by Country 81 8.1 Overview of Asia-Pacific Market 81 8.2 Japan 84 8.3 China 87 8.4 Australia 90 8.5 India 92 8.6 South Korea 94 8.7 Rest of APAC Region 96 9 Competitive Landscape 98 9.1 Overview of Key Vendors 98 9.2 New Product Launch, Partnership, Investment, and M&A 101 9.3 Company Profiles 102 ACI Worldwide Inc. 102 Adyen N.V. 104 Aliant Payment Systems Inc. 105 Alipay.com Co., Ltd. 106 Alphabet Inc. 107 Amazon Payments Inc. (Amazon.com Inc.) 108 Apple Inc. 109 Fiserv Inc. 110 Global Payments Inc. 111 MasterCard Incorporated (MasterCard) 112 Mobiamo Inc. 113 PayPal Holdings Inc. 114 Paytm (One97 Communications limited) 115 Square Inc. 116 Stripe Inc. 117 Visa Inc. 118 Wordplay Inc. (Fidelity National Information Services) 119 RELATED REPORTS 120
List of Tables:

Table 1.  Snapshot of Asia Pacific Digital Payments Market in Balanced Perspective, 2022-2032	17
Table 2. World Economic Outlook, 2021-2031	21
Table 3. World Economic Outlook, 2021-2023	22
Table 4. Benefits of Digital Payments	29
Table 5.  Main Product Trends and Market Opportunities in Asia Pacific Digital Payments Market	34
Table 6. Asia Pacific Digital Payments Market by Component, 2022-2032, $ mn	42
Table 7. Asia Pacific Digital Payments Market: Solutions by Type, 2022-2032, $ mn	45
Table 8. Asia Pacific Digital Payments Market: Services by Type, 2022-2032, $ mn	52
Table 9. Asia Pacific Digital Payments Market by Mode of Payment, 2022-2032, $ mn	55
Table 10. Asia Pacific Digital Payments Market by Deployment Type, 2022-2032, $ mn	63
Table 11. Asia Pacific Digital Payments Market by Industry Vertical, 2022-2032, $ mn	67
Table 12. Asia Pacific Digital Payments Market by Organization Size, 2022-2032, $ mn	77
Table 13. APAC Digital Payments Market by Country, 2022-2032, $ mn	82
Table 14. Japan Digital Payments Market by Component, 2022-2032, $ mn	86
Table 15. Japan Digital Payments Market by Mode of Payment, 2022-2032, $ mn	86
Table 16. Japan Digital Payments Market by Industry Vertical, 2022-2032, $ mn	86
Table 17. China Digital Payments Market by Component, 2022-2032, $ mn	88
Table 18. China Digital Payments Market by Mode of Payment, 2022-2032, $ mn	88
Table 19. China Digital Payments Market by Industry Vertical, 2022-2032, $ mn	88
Table 20. Australia Digital Payments Market by Component, 2022-2032, $ mn	91
Table 21. Australia Digital Payments Market by Mode of Payment, 2022-2032, $ mn	91
Table 22. Australia Digital Payments Market by Industry Vertical, 2022-2032, $ mn	91
Table 23. India Digital Payments Market by Component, 2022-2032, $ mn	93
Table 24. India Digital Payments Market by Mode of Payment, 2022-2032, $ mn	93
Table 25. India Digital Payments Market by Industry Vertical, 2022-2032, $ mn	93
Table 26. South Korea Digital Payments Market by Component, 2022-2032, $ mn	95
Table 27. South Korea Digital Payments Market by Mode of Payment, 2022-2032, $ mn	95
Table 28. South Korea Digital Payments Market by Industry Vertical, 2022-2032, $ mn	95
Table 29. Digital Payments Market in Rest of APAC by Country/Region, 2022-2032, $ mn	97
Table 30. ACI Worldwide Inc.: Company Snapshot	102
Table 31. ACI Worldwide Inc.: Business Segmentation	103
Table 32. ACI Worldwide Inc.: Product Portfolio	103
List of Figures:

Figure 1. Research Method Flow Chart	11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation	14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032	16
Figure 4. Asia Pacific Digital Payments Market, 2022-2032, $ mn	19
Figure 5. Impact of COVID-19 on Business	23
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Digital Payments Market	25
Figure 7. Impact of Technological Innovation on Different Players in the Digital Payment Value Chain	28
Figure 8. World E-commerce Market, 2019-2030, $ bn	30
Figure 9. World Mobile Banking Market, 2019-2030, $ mn	30
Figure 10. Primary Restraints and Impact Factors of Asia Pacific Digital Payments Market	31
Figure 11. Investment Opportunity Analysis	35
Figure 12. Porter’s Fiver Forces Analysis of Asia Pacific Digital Payments Market	38
Figure 13. Breakdown of Asia Pacific Digital Payments Market by Component, 2022-2032, % of Revenue	43
Figure 14. Asia Pacific Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%)	43
Figure 15. Asia Pacific Digital Payments Market by Component: Solutions, 2022-2032, $ mn	44
Figure 16. Asia Pacific Digital Payments Market by Solutions: Payment Gateway Solutions, 2022-2032, $ mn	46
Figure 17. Asia Pacific Digital Payments Market by Solutions: Payment Processing Solutions, 2022-2032, $ mn	47
Figure 18. Asia Pacific Digital Payments Market by Solutions: Payment Security and Fraud Management Solutions, 2022-2032, $ mn	48
Figure 19. Asia Pacific Digital Payments Market by Solutions: Transaction Risk Management, 2022-2032, $ mn	49
Figure 20. Asia Pacific Digital Payments Market by Solutions: Application Program Interface, 2022-2032, $ mn	50
Figure 21. Asia Pacific Digital Payments Market by Solutions: Other Solutions, 2022-2032, $ mn	51
Figure 22. Asia Pacific Digital Payments Market by Component: Services, 2022-2032, $ mn	52
Figure 23. Asia Pacific Digital Payments Market by Services: Professional Services, 2022-2032, $ mn	53
Figure 24. Asia Pacific Digital Payments Market by Services: Managed Services, 2022-2032, $ mn	54
Figure 25. Breakdown of Asia Pacific Digital Payments Market by Mode of Payment, 2022-2032, % of Sales Revenue	56
Figure 26. Asia Pacific Addressable Market Cap in 2023-2032 by Mode of Payment, Value ($ mn) and Share (%)	56
Figure 27. Asia Pacific Digital Payments Market by Mode of Payment: Point of Sale, 2022-2032, $ mn	57
Figure 28. Asia Pacific Digital Payments Market by Mode of Payment: Banking Cards, 2022-2032, $ mn	58
Figure 29. Asia Pacific Digital Payments Market by Mode of Payment: Digital Wallet, 2022-2032, $ mn	59
Figure 30. Asia Pacific Digital Payments Market by Mode of Payment: Net Banking, 2022-2032, $ mn	60
Figure 31. Asia Pacific Digital Payments Market by Mode of Payment: Crypto Payments, 2022-2032, $ mn	61
Figure 32. Asia Pacific Digital Payments Market by Mode of Payment: Other Modes of Payment, 2022-2032, $ mn	62
Figure 33. Breakdown of Asia Pacific Digital Payments Market by Deployment Type, 2022-2032, % of Sales Revenue	64
Figure 34. Asia Pacific Addressable Market Cap in 2023-2032 by Deployment Type, Value ($ mn) and Share (%)	64
Figure 35. Asia Pacific Digital Payments Market by Deployment Type: On-Premises Deployment, 2022-2032, $ mn	65
Figure 36. Asia Pacific Digital Payments Market by Deployment Type: Cloud-based Deployment, 2022-2032, $ mn	66
Figure 37. Breakdown of Asia Pacific Digital Payments Market by Industry Vertical, 2022-2032, % of Revenue	68
Figure 38. Asia Pacific Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%)	68
Figure 39. Asia Pacific Digital Payments Market by Industry Vertical: BFSI, 2022-2032, $ mn	69
Figure 40. Asia Pacific Digital Payments Market by Industry Vertical: Retail and E-commerce, 2022-2032, $ mn	70
Figure 41. Asia Pacific Digital Payments Market by Industry Vertical: Healthcare, 2022-2032, $ mn	71
Figure 42. Asia Pacific Digital Payments Market by Industry Vertical: Travel and Hospitality, 2022-2032, $ mn	72
Figure 43. Asia Pacific Digital Payments Market by Industry Vertical: Media and Entertainment, 2022-2032, $ mn	73
Figure 44. Asia Pacific Digital Payments Market by Industry Vertical: IT & Telecommunication, 2022-2032, $ mn	74
Figure 45. Asia Pacific Digital Payments Market by Industry Vertical: Transportation and Logistics, 2022-2032, $ mn	75
Figure 46. Asia Pacific Digital Payments Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn	76
Figure 47. Breakdown of Asia Pacific Digital Payments Market by Organization Size, 2022-2032, % of Revenue	78
Figure 48. Asia Pacific Addressable Market Cap in 2023-2032 by Organization Size, Value ($ mn) and Share (%)	78
Figure 49. Asia Pacific Digital Payments Market by Organization Size: Small and Medium-Sized Enterprises, 2022-2032, $ mn	79
Figure 50. Asia Pacific Digital Payments Market by Organization Size: Large Enterprises, 2022-2032, $ mn	80
Figure 51. Breakdown of APAC Digital Payments Market by Country, 2022 and 2032, % of Revenue	82
Figure 52. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)	83
Figure 53.  Digital Payments Market in Japan, 2022-2032, $ mn	85
Figure 54.  Digital Payments Market in China, 2022-2032, $ mn	87
Figure 55.  Digital Payments Market in Australia, 2022-2032, $ mn	90
Figure 56.  Digital Payments Market in India, 2022-2032, $ mn	92
Figure 57.  Digital Payments Market in South Korea, 2022-2032, $ mn	94
Figure 58.  Digital Payments Market in Rest of APAC, 2022-2032, $ mn	96
Figure 59. Growth Stage of Asia Pacific Digital Payments Industry over the Forecast Period	98
Selected Key Players: 
ACI Worldwide Inc.
Adyen N.V.
Aliant Payment Systems Inc.
Alipay.com Co., Ltd.
Alphabet Inc.
Amazon Payments Inc. (Amazon.com Inc.)
Apple Inc.
Fiserv Inc.
Global Payments Inc.
MasterCard Incorporated (MasterCard)
Mobiamo Inc.
PayPal Holdings Inc.
Paytm (One97 Communications limited)
Square Inc.
Stripe Inc.
Visa Inc.
Wordplay Inc. (Fidelity National Information Services) 
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)