Forecast: Number of E-money Payments in United States

Analyzing the historical data, the number of e-money payments in the United States has shown considerable fluctuation between 2013 and 2023. Starting at 3.51 billion units in 2013, it peaked significantly to 6.02 billion units in 2018, before experiencing a notable dip to 5.15 billion units in 2020. By 2023, the volume marginally increased to 6.82 billion units, reflecting a 3.04% year-on-year growth from 2022. Despite earlier volatility, the average annual growth rate (CAGR) from 2018 to 2023 settled at 2.54%.

Looking ahead, forecasted data predict a steadily increasing trend in e-money payments, anticipating a rise to 7.89 billion units by 2028. The forecast implies an average annual growth rate (CAGR) of 2.24% over the next five years, with an expected overall growth of 11.7% from 2024 to 2028.

In the future, trends to watch for include advancements in mobile payment technologies, regulatory changes, and the impact of increasing digitalization on consumer behavior. These factors could significantly influence the trajectory of e-money payment adoption.