$7.5+ Billion Digital Payment Market by Type, Solution Type, Deployment Mode, Organization Size, and Region - Global Forecast to 2023
DUBLIN, Oct. 11, 2018 /PRNewswire/ --
The "Digital Payment Market by Type (Solutions & Services), Solution Type (Payment Processing, Payment Gateway, Payment Wallet, POS Solution, Payment Security and Fraud Management), Deployment Mode, Organization Size, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global digital evidence management market size is forecast to grow from USD 4.35 billion in 2018 to USD 7.56 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.
The major factors that are expected to drive the growth of the market include the increasing rate of digital crimes, rising adoption of digital evidence management solutions among many government and law enforcement agencies, and growing government initiatives for evidence security. In addition to this, rapid investment in the emerging technologies is expected to boost the market growth.
In the digital evidence management market, the cloud deployment is expected to account for the largest market share. The cloud deployment type plays a vital role in helping investigators enhance their investigation processes, as it reduces the investigation cost and enables access to the critical data from desktops as well as smartphones.
The evidence collection, storage, and sharing segment is expected to have the largest market share because the evidence collection, storage, and sharing software helps investigators avoid logging on to different systems, or manually collect data. In addition to this, it also reduces the risk of data redundancy and data loss.
The services segment is expected to account for the highest CAGR during the forecast period. Digital evidence management services enable investigators to perform a structured investigation by collaborating digital evidence management software, offering expertise to track the source of a problem, and enhancing the investigation process.
North America is expected to have the largest market share in the global digital evidence management market, owing to the early adoption of technologies and well-established economies in the region. The US is expected to hold the largest market share in North America. Major digital evidence management vendors and law enforcement agencies in the US are willing to use digital evidence management technologies for sharing, storing, and securing the evidence with private companies.
Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period, due to the fact that emerging APAC countries such as China, Japan, Singapore, and Australia have undertaken several public safety and smart city initiatives.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities In The Digital Payment Market
4.2 Digital Payment Market, By Type
4.3 Digital Payment Market, By Solutions
4.4 Digital Payment Market, By Service
4.5 Digital Payment Market, By Professional Services
4.6 Digital Payment Market, By Region
4.7 Market Investment Scenario
5 Market Overview And Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Worldwide Initiatives For The Promotion Of Digital Payments
5.2.1.2 High Proliferation Of Smartphones
5.2.1.3 Need To Provide Better Customer Experience
5.2.2 Restraints
5.2.2.1 Lack Of Global Standards For Cross-Border Payments
5.2.3 Opportunities
5.2.3.1 Rapid Decline In Unbanked People Across The Globe
5.2.3.2 Progressive Changes In Regulatory Frameworks
5.2.4 Challenges
5.2.4.1 Lack Of Digital Literacy In Emerging Countries
5.2.4.2 Cyber-Attacks Affecting Digital Payment Market
5.3 Industry Trends
5.3.1 Introduction
5.3.2 Digital Payment Architecture
5.3.3 Case Studies
5.3.3.1 Case Study 1: Direct Line Group Implemented The Worldpay Digital Payment Solution To Enhance Customer Experience
5.3.3.2 Case Study 2: Kane Boutique Used The Payscape Payment Solution To Expand Its Business
5.3.3.3 Case Study 3: American Golf Used The Worldpay Payment Solution To Implement The Omnichannel Payment Mode For Its Retail Chain
6 Digital Payment Market, By Type
6.1 Introduction
6.2 Solutions
6.2.1 Payment Gateway Solutions
6.2.2 Payment Processing Solutions
6.2.3 Payment Wallet Solutions
6.2.4 Payment Security And Fraud Management Solutions
6.2.5 Pos Solutions
6.3 Services
6.3.1 Professional Services
6.3.1.1 Consulting Services
6.3.1.2 System Integration And Deployment Services
6.3.1.3 Support And Maintenance Services
6.3.2 Managed Services
7 Digital Payment Market, By Deployment Mode
7.1 Introduction
7.2 On-Premises
7.3 Cloud
8 Digital Payment Market, By Organization Size
8.1 Introduction
8.2 Smes
8.3 Large Enterprises
9 Digital Payment Market, By Vertical
9.1 Introduction
9.2 Banking, Financial Services, And Insurance (BFSI)
9.3 Telecom & Information Technology (IT)
9.4 Retail & e-Commerce
9.5 Healthcare
9.6 Media & Entertainment
9.7 Others
10 Digital Payment Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 France
10.3.3 Germany
10.3.4 Rest Of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Rest Of Asia Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Rest Of Latin America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 Uae
10.6.3 Israel
10.6.4 Rest Of Middle East & Africa
11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis For The Digital Payment Market
11.3 Competitive Scenario
11.3.1 New Product Launches
11.3.2 Business Expansions
11.3.3 Mergers & Acquisitions
11.3.4 Agreements & Partnerships
12 Company Profiles
12.1 First Data
12.2 Paypal
12.3 Worldpay
12.4 Wirecard
12.5 Fiserv
12.6 Chetu
12.7 Total System Services (Tsys)
12.8 Novatti
12.9 Aci Worldwide
12.10 Global Payments
12.11 Bluesnap
12.12 Paysafe
12.13 Worldline
12.14 Wex
12.15 Six Payment Services
12.16 Dwolla
12.17 Stripe
12.18 Adyen
12.19 Payu
12.20 Yapstone
12.21 Net 1 Ueps Technologies
12.22 Financial Software And Systems (Fss)
12.23 Authorize.Net
12.24 Aurus
12.25 Aliant Payment Systems
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