Global Payment Gateway Industry Analysis and Forecast – Ken Research

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Global Payment Gateway Market Overview

The current phase of the industry is highly fragmented and consolidation is expected to drive the market. The acquisition of payment gateways Industry by payment processing companies have been on the rise. FIS’s acquisition of Worldpay, Fiserv’s acquisition of First Data, Paypal’s acquisition of Swedish fintech company iZettle are some examples where payment processing companies are acquiring newer capabilities to reach more customers and increase the volume of transactions. China has emerged as a front runner in non-cash payments with Alipay rising to the top in terms of transactions in the Chinese market. Mobile payments in China have reached more than USD Trillion until 2018. Alipay has also entered markets outside of China with collaborations with retail outlets. These partnerships are based on a shared QR code operability where mobile wallets companies in Europe will accept Alipay. This partnership was in response to the increasing number of Chinese people willing to make cashless payments when they travel outside China.

Companies like Adyen have transformed the Payment processing value chain by transforming the payment gateway business to a payment aggregator business. By doing so, companies retain the gateway, risk mitigation and merchant acquiring capabilities in house resulting in further consolidation along the value chain.

Omni Channel Payments:  PSPs have begun aggregating payment methods across multiple platforms to onboard customers for merchants. Adyen and Worldpay for instance, provide merchants gateways for all types of payments – online, physical, and mobile and tablets. This provides the merchants with an overall picture of their customer data. Merchants find it useful to make decisions regarding products and value-added services when they have customer data across all channels

Global Payment Gateway Market Segmentation by Region

By Region (APAC, North America, Europe, Middle East and Africa, Latin America)

The APAC region has dominated the Global Payment Gateway Market in terms of transaction value in USD Billion. China and India have been quick to adopt alternative payment methods with mobile payments increasing in India due to UPI. China is the global leader in mobile payments with Alipay and WeChat Pay together dominating the market. Card payments are the dominant cashless payment method in North America and Europe, although mobile payment apps backed by large e-commerce and technology-oriented companies are being introduced in these regions. Banks are modernizing their payment systems by launching their own mobile payments apps.

The APAC region including China, India, Australia, New Zealand, and Southeast Asia accounts for % of the Global Payment Gateway. The rise of mobile and online payments in China and India are driving the adoption of faster payment processing companies. North America and Europe occupy % and % respectively.

By End-User Industry (APAC, North America, Europe, Middle East and Africa, Latin America)

The online e-commerce industry has seen an increase in GMV and is expected to grow to USD 4.5 Trillion by 2021. Digital payment methods have seen a huge growth due to the increase in e-commerce activity. Companies like Amazon, Alibaba, and eBay all have their own payment gateway and a local payment method along with their e-commerce platform offering. Amazon Pay, Alipay, and Paypal all began operation processing payments from their respective e-commerce partnerships. The retail segment accounted for nearly % of global payment transactions at USD Billion, growing at a CAGR of % since 2014.

Emergence and flourishing of online cab-hailing apps like Uber, Ola, GoJek among others have assisted in the growth of non-cash payments. Adyen, for example, provides payment gateway services for Uber, which has helped the rise of the company’s payment processing services. The segment accounted for the second-highest end-user segment in 2018 at nearly % totaling USD billion in transaction value, 2018

Competitive Scenario of Global Payment Gateway Market

Currently, there are more than 1,000 payment gateways as the payment processing is highly localized with payment gateways separate for separate countries. Companies with global online operations find it easier to process payment in one currency and settle in another currency. The competition stage is at the growth stage with all major players leveraging global systems to partner with local payment methods to increase transaction value. Alipay, for instance, has a top position in China, and through PayTM, has a presence in India. Adyen, has a presence around the world and supports more than 200 regional payment methods. With the government opting for open banking initiatives, there will be greater involvement of third-party developers to enter the payment processing value chain and help process payments faster.

Global Payment Gateway Market Future Projections, 2019E-2024E

The Global Payment Gateway market is expected a rise in terms of the transaction value and volume, driven by both customers and merchants. Customer’s requirements for seamless payment options will drive merchants to accept various payment methods driving PSPs to continuously innovate their services. Payment Gateway companies are expected to invest further in R&D as a percentage of sales to innovate and improve their payment processing capabilities. The large working-age population in emerging countries, the use of digital services to improve the outreach of banking facilities will assist in the adoption of mobile and online payment systems.

Key Segments Covered:-

By Region

APAC

North America

Europe

Middle East and Africa

Latin America

By End-User Industry

Retail

Transportation

Government

Banking and Financial

Telecommunications

Others (Media and Entertainment)

Key Target Audience

Existing Payment Gateways

Investors and Venture Capital Firms

Third-Party Developers

Banking and Financial Services Companies

Government Entities

Merchant Acquirers

Card Issuers

E-Commerce Sellers and Websites

Time Period Captured in the Report:-

Historical Period: 2014 -2018

Forecast Period: 2019-202

Companies Covered:-

First Data

Paypal

Worldpay

Adyen

Square

Alipay

GMO Pay

PayU

Ingenico

Authorize.net

Key Topics Covered in the Report:-

Global Payment Gateway Market

Global Payment Gateway Industry

Top Global Payment Gateway Companies

North America Payment Gateway Market

India UPI Payment Market Analysis

Indonesia National Payment Gateway Market

Authorize.Net Payment Market Share

Global Payment Aggregator Market Players

Global Cross Border Payments Market Growth

Worldpay Payment Gateway Market Analysis

Adyen Payment Gateway Market Forecast

Square Payment Gateway Market Growth Rate

For Information Click On the Below Mentioned Link:-

Global Payment Gateway Market Analysis

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Saudi Arabia Cards and Payments Market Outlook to 2023 – Increasing Penetration of Islamic Credit Cards Coupled with Rising Preference for Online Shopping to Drive Market Growth

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Changing Dynamics of the EU5 Blockchain Technology Market Outlook: Ken Research

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The revolution of the blockchain technology is utilized to record the transaction of Bitcoin via a worldwide network of computers. It is an unremitting increasing list of blocks (records) that are associated and protected utilizing the cryptography. Each fresh block generated is linked to the preceding block via a cryptographic Hash. The blockchain technology has made maximum penetration in these five mentioned regions. The European Commission has contributed an effective amount on the Blockchain related projects.

The European Union has previously contributed more than USD 6 Mn on the start-ups who are functioning with the Blockchain technology. A European Blockchain observatory and opportunity hub started observing the prevailing Blockchain initiatives, inclinations and potential perils. The forum will generate more consciousness that will further fuel the acceptance in the economy. According to the report analysis, ‘EU5 Blockchain Technology Market (2018-2023)’ states that in the EU5 blockchain technology market, there are several key players which presently functioning more positively for leading the highest market growth and dominating the handsome value of market share more positively throughout the short span of time while increasing the applications of the technology, effectively safeguarding the sensitive information, decreasing the issues of the users, investing the handsome amount of money for increasing the applications and delivering the better consumer satisfaction includes Microsoft Corporation, IBM, Accenture, Deloitte, Capgemini, Cognizant, Tata Consultancy Services, VirtusaPolaris, Wipro, Ripple, Ethereum, Coinbase, IOTA and several others.

Nonetheless, as described by The European Insurance and Reinsurance Federation, Europe controls the global insurance market. An industry consortium has generated a Blockchain based solution for the insurance market to enable the simplified, transparent sharing of information and advanced customer efficiency.

Nonetheless, the potential players in the EU5 blockchain technology market are effectively focusing for enlarge the business premises, generating the handsome value of revenue and profit, scheduling to utilize the blockchain technology for trading unlisted securities, and adopting the effective strategies and policies.

Meanwhile, the nonexistence of public decision is preventing the EU5 regions from implementing the Blockchain technology in notwithstanding gigantic investments build by the European commission. The devolved representative of the Blockchain technology clatters with the European parameter on the personal data fortification. These aspects encumber the implementation of the technology.

Furthermore, some of the protuberant trends that the market is observing involve the great variabilities of the programmable platforms, huge number of applications around the numerous industries, current technological improvements of the blockchain technology, growth choices/investment opportunities.

Not only has this, the players in the EU5 blockchain technology market are investing the high value of amount for enlarging the business premises, decreasing the cost of the services, effectively spreading the awareness related to the applications and employing the skilled employees. Furthermore, the European Commission is slackening the regulation. It has generated a new task force commended with the Blockchain proficiency. The springiness of law are predicted to fuel the market in this economy.

The European Commission propelled EU Blockchain Observatory and Forum in February 2018. Its focus is to bring together several segments to progress new usage case of Blockchain and highpoint the foremost advantages of the Blockchain initiatives. Therefore, in the coming years, it is anticipated that the market of EU5 blockchain technology will increase more positively over the coming years.

For more information, click on the link below:

EU5 Blockchain Technology Market

Contact Us:    

Ken Research                                   

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249

The Global Pumps Market is Positively Impacted by Increasing Global Electricity Production and Increasing Demand From The Water And Wastewater Sector: Ken Research

“The Asia Pacific region accounted highest market share in 2018, however, the Middle East and Africa region, is expected to gain the highest growth with a CAGR of 9.0%, driven primarily by demand for water sanitation pumps in Africa, followed by the Middle East.”

The report titled “Competition Benchmarking in Global Pumps Market – WILO Group, KSB Group, Xylem Pumps Inc, EBARA Group, Grundfos Group, Sulzer Pumps, Shimadzu Group, Kirloskar Brothers Limited, Flowserve Inc, Weir Group” By Ken Research suggested that the Global pumps market has been increasing due to rising demand of water and waste water treatment plants, introduction of new product offerings which are innovative and use IOT based analytics, growth of other end user sectors coupled with the growing potential of the pumps servicing sector. The market is expected to register a positive CAGR of 2.9% in terms of revenue during the forecast period 2018-2023E.

Increase in Global Electricity Production: Global Electricity Production was 26,590 Terawatt hours in 2018, growing at a CAGR of 2.6% (2013-2018). This showcases that there has been a rise in production plants over the years. These power plants use pumps extensively in the power generation process and are a potent source of demand for the pumps market.

Rise in Global Water Consumption: As per Industry Articles, Demand for freshwater is increasing by 64 billion cubic meters a year. As per industry articles, the global water consumption in 2014 was 1,405 billion cubic meters and is expected to reach 1,565 billion cubic meters by 2025. Worldwide, agriculture accounts for 70% of all water consumption, compared to 20% for industry and 10% for domestic use. As the total available fresh water decreases, countries are setting up desalination plants to cater to the global water demand. This serves as a source of Potential demand and CSR for global pump manufacturers.

Global Pump Manufactures Aiding in Solving Global Problems: Global pump manufacturers are dedicating their efforts to help solve problems faced by many less privileged countries and sectors in the world. They provide pumps and pump systems to draught ridden areas to provide access to fresh water. Pump manufacturers are updating their mission statements as well to reflect this decision.

Key Segments Covered:-

Global Pumps Market:

By Regions (Americas, Europe, Asia Pacific And Mea), 2018 And 2023E

By End Users For Positive Displacement (By Oil And Gas, Chemicals, Food And Beverage, Water And Wastewater, Pharmaceuticals, Power Generation And Others), 2018 And 2023E

By End Users For Centrifugal Pumps (By Oil And Gas, Chemicals, Food And Beverage, Water And Wastewater, Pharmaceuticals, Power Generation And Others), 2018 And 2023E

By Type of Pump (Centrifugal Pumps and Positive Displacement Pumps)

By Centrifugal Pump

By Centrifugal Pump Stages (Single-Stage And Multi-Stage Pumps), 2018 And 2023E

By Centrifugal Pump Location (Submersible And Non Submersible Pumps), 2018 And 2023E

By Positive Displacement Pump (Rotary Pumps And Reciprocating Pumps), 2018 And 2023E

Key Target Audience:-

Global Pump Manufacturers

Centrifugal Pump Distributors

Positive Displacement Pump Distributors

Government Associations

Infrastructure Companies

Private Equity and Venture Capitalists Firms

Time Period Captured in the Report:-

Historical Period: 2013- 2018

Forecast Period: 2019E - 2023E

Companies Covered:-

Grundfos Group

Wilo Group

Ebara Corporation

KSB

Sulzer

Flowserve

Kirloskar Brothers

Weir Group

Shimadzu

Xylem Group

For more information on the research report, refer to below link:-

Global Pumps Market

Related Reports:-

Competition Benchmarking In Vietnam Pumps Market - HAPUMA, Ebara Vietnam, Grundfos Vietnam, WILO Vietnam, KSB Vietnam, IWAKI Vietnam, TSURUMI Pump Vietnam Company, INTECH Pump, SAIGON Industrial Pump JSC Vietnam

Indonesia Pumps Industry Outlook To 2021 - Increasing Government Initiatives Towards Irrigation And Wastewater Treatment With Expansion Of Industrial Sector To Drive Growth

India Pumps Market Outlook To 2019 - Driven By Government Investments And Technological Advancements

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Saudi Arabia Cold Chain Market is Driven by the Rising Demand for Dairy, Meat and Pharmaceuticals and is Fuelled by the Increasing Number of Modern Grocery Retail Stores in the Country: Ken Research

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Analysts at Ken Research in their latest publication “Saudi Arabia Cold Chain Market Outlook to 2023 – By Cold Storage (Ambient, Chilled and Frozen Warehousing) and Cold Transport (Land, Sea and Air), By Application (Dairy Products, Meat and Seafood, Pharmaceuticals, Fruits and Vegetables and Others) and By Ownership (Integrated and Third Party Logistics)” believe that the cold chain market in Saudi Arabia has been increasing largely due to growth in modern retail stores, increase in demand and consumption of perishable products and increasing pharmaceutical imports in the country. The market is expected to register a positive CAGR of 11.2 % in terms of revenue during the forecasted period 2018-2023E.

“Increasing imports of meat and seafood and pharmaceuticals and rising consumer retail spending has driven the cold chain market in Saudi Arabia”

Rising Imports of Food Products and Pharmaceuticals: Due to country’s arid climatic conditions, around 75.0% of the food requirements of country are met through imports from countries such as Brazil, India, Australia, New Zealand, USA, France and others. The country also imports a large quantity of pharmaceuticals as it lacks domestic production of pharmaceutical supplies. In the last few years, the market also witnessed an impressive incline in the consumer retail spending in the country. According to the Global Storage Capacity Report, 2018 by GCCA, the consumer retail spending on grocery grew at a CAGR of 9.5% over the period 2012-2017.

Rising Prevalence of 3PL Companies: The market witnessed a strong demand for full-fledged integrated distribution centres that included logistics’ facilities, cold storage, dry storage and supporting retail facilities, as a result, demand for new-generation logistics facilities (built-to-suit) increased in the market and increase growth potential for 3PL companies that could handle stock distribution for companies with large and sophisticated supply chains. Currently, majority of the cold storage warehouses are concentrated in cities such as Riyadh, Jeddah and Dammam, however it was witnessed that many 3PL companies were planning to expand their operations across other cities as well to exploit the rising opportunities in the KSA logistics sector.

Increasing Investments in Infrastructure: The growing cold chain market of Saudi Arabia is simultaneously witnessing increasing number of new players and existing players expanding their current level of operations, and with the gates opening for the private sector including major players such as Al-Faisaliah, Abu Dawood, Tamer, Sunbulah, Al-Baik, Flow Progressive, among others, it is expected that these companies will upgrade and enhance the country’s logistical infrastructure to capitalize on the new opportunities. On the other hand, government initiatives such as Saudi Vision 2030 which encompasses a nine-point strategy of process streamlining, market liberalization, privatization, infrastructure enhancement, new free economic zones, governance and regulatory reforms has also maximized country’s strategic advantage to evolve into a “go-to logistics hub” for the Middle East region.

Keywords

Saudi Arabia Cold Chain Market

Saudi Arabia Cold Chain Industry

Saudi Arabia Cold Storage Market

Saudi Arabia Cold Transport Market

Cold Storage Warehouses KSA

Cold Transport KSA

Frozen Warehousing KSA

Number of Cold Storage Facilities KSA

Cold Transport Fleet Size Saudi Arabia

Cold Storage Space in KSA

Refrigerated Warehouses KSA

KSA Cold Chain Logistics

Cold Chain Businesses Saudi Arabia

Cold Rooms Market Saudi Arabia

Chiller Rooms in KSA

Temperature Controlled Logistics Saudi Arabia

Ambient Warehousing Market KSA

Third Party Cold Warehousing KSA

Cold Storage Market Jeddah

Cold Storage Market Riyadh

Cold Storage Market Dammam

Cold Transport Industry Saudi Arabia

Refrigerated Transport Saudi Arabia

Saudi Arabia Cold Chain Market Revenue

Cold Chain Companies KSA

Saudi Arabia Cold Storage

Saudi Arabia Refrigerated Storage

Saudi Arabia Refrigerated Warehouses

Saudi Arabia Cold Transport

Saudi Arabia Cold Chain Users

Saudi Arabia Cold Chain Cost

Saudi Arabia Cold Storage Pallet Space

Saudi Arabia Cold Transport Freight

Owned Cold Warehouses Saudi Arabia

Saudi Arabia Cold Chain Companies

Saudi Arabia Cold Chain Players

Saudi Arabia Cold Chain Technologies

Saudi Arabia Cold Chain Regulations

3PL Cold Storages Saudi Arabia

Saudi Arabia Agility Logistics

Saudi Arabia Mosanada Logistics

Saudi Arabia Takhzeen Logistics

Saudi Arabia Cold Chain Industry Trends

Saudi Arabia Cold Chain Future

Saudi Arabia Cold Chain Challenges

Key Segments Covered

By Type of Market

Cold Storage

By Temperature

Frozen

Chilled

Ambient

By Major Cities

Riyadh

Jeddah

Dammam

Others

Cold Transport

By Mode of Transport

Land

Sea

Air

By Location

Domestic

International

By End-User Application

Dairy Products

Meat and Seafood

Pharmaceuticals

Fruits and Vegetables

Others

By Ownership

Owned

Third Party Logistics (3PL)

Key Target Audience

Cold Chain Companies

Logistics Companies

Private Equity Investors

Government Associations

Express Logistics Companies

Industry Associations

Warehousing Companies

E-Commerce Operations

Investors and Private Equity Companies

Logistics Companies

Dairy Companies

Meat and Seafood Companies

Fruits and Vegetables Companies

Pharmaceutical Companies

Time Period Captured in the Report

Historical Period: 2013-2018

Forecast Period: 2018-2023E

Companies Covered

Agility Logistics

Mosanada Logistics

Tamer Logistics

United Warehouse Company Limited

Wared Logistics

Takhzeen Logistics

Etmam Logistics (Shahini  Group)

Himmah Logistics

Globus Logistics

Flow Progressive

Four Winds

Storkom

Sasat Logistics

Key Topics Covered in the Report

Saudi Arabia Cold Chain Market Value Chain

Saudi Arabia Cold Chain Market Size by Revenue, 2013-2018

Saudi Arabia Cold Chain Market Segmentation, 2018

Saudi Arabia Cold Chain Market Competitive Landscape

Saudi Arabia Cold Chain Storage Market Operating and Profitability Model

Saudi Arabia Cold Chain Market End-User Potential

Saudi Arabia Cold Chain Market Company Profiles of Major Players

Saudi Arabia Cold Chain Market Future Outlook and Projections, 2018-2023E

Saudi Arabia Cold Chain Market Future Segmentation, 2018 - 2023E

Saudi Arabia Cold Chain Market Analyst Recommendations

For more information, refer to below link:

Saudi Arabia Cold Chain Market

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Thailand Cold Chain Market Forecast To 2022 - By Type (Cold Storage And Cold Transport), By 3PL, By Temperature Range, By Region, By International And Domestic Cold Transport And By Modes Of Transport (Ground, Air And Sea)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249