The analysis of 2023 indicates the United States leading the global e-money payments value share with $53.81 million followed by Japan at $14.28 million. The next significant contributors are Italy and India with $10.22 million and $10.04 million respectively. Notable growth was observed in Switzerland at 5.85% and Germany at 5.22% year-on-year. On the contrary, South Korea experienced a decline of 9.39%.
Future trends to watch include continued growth in India due to its massive digital expansion, a potential rebound in South Korea's e-money usage, and significant market evolutions in emerging economies like Indonesia and Brazil. Additionally, advancements in e-payment technologies and regulatory frameworks will likely shape the global landscape.
Top countries in Value of E-money Payments Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 53.81 | 2023 | +2.62% | +1.96% | View data |
| 2 | 2 Japan | 14.28 | 2023 | +2.37% | +2.34% | View data |
| 3 | 3 Italy | 10.22 | 2023 | +3.57% | +2.59% | View data |
| 4 | 4 India | 10.04 | 2023 | +5.86% | +4.71% | View data |
| 5 | 5 Russia | 5.02 | 2023 | +2.02% | +0.24% | View data |
| 6 | 6 Indonesia | 0.95 | 2023 | +6.15% | +2.18% | View data |
| 7 | 7 Switzerland | 0.94 | 2023 | +5.64% | +5.85% | View data |
| 8 | 8 Brazil | 0.71 | 2023 | +4.28% | +0.17% | View data |
| 9 | 9 Singapore | 0.58 | 2023 | +0.88% | +0.67% | View data |
| 10 | 10 Belgium | 0.46 | 2023 | +5.25% | +3.59% | View data |
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