Digital Payment Market Growth

Gmi Research03 Dec, 2022Technology

The Digital Payment Market was estimated around USD 79.3 billion in 2020 and is predicted to grow at a CAGR of 14.2% over the forecast period (2021-2028). The factors driving the growth of Digital Payment Market includes increasing penetration of smartphones, tablets and laptops, improvements in the internet connectivity, rise in the e-commerce sales around the world and growing consumers preference for real-time payments.