Forecast: Number of E-money Payments in Brazil

Given the data on the number of E-money payments in Brazil, the trend shows an initial downtrend from 2013 to 2016, followed by a dramatic increase in 2018. Year-on-year variations for the last two years (+0.026% in 2022 and +4.69% in 2023) indicate modest growth. As of 2023, the number of E-money payments stood at 93.94 million units. The last five years indicate a strong average growth rate with a CAGR of 25.89%, demonstrating a robust growth pattern in the market. Forecasting into 2028, a CAGR of 3.28% is expected with an overall growth rate of 17.51% over the period.

Future trends to watch:

- Growth in mobile payment technologies

- Increased adoption of digital wallets

- Regulatory changes impacting electronic payment systems

- Integration of blockchain technology in E-money platforms