The share of E-money payments by value in Italy has shown a clear upward trend from 0.12 units in 2013 to 0.32 units in 2023. Year-on-year, the growth has been steady, with notable increases such as a 3.57% rise from 2022 to 2023. Over the last two years, the share has grown by approximately 6.45%, while the compound annual growth rate (CAGR) over the last five years stands at 2.86%. The forecasted growth rate between 2024 and 2028 is projected at 15.15%.
Future trends to watch for include:
- Further adoption of digital payment solutions driven by technological advancements and increasing consumer preference for convenience.
- Regulatory changes aimed at promoting financial inclusion and cashless transactions.
- Potential impact of economic factors such as inflation and market stability on consumer spending behavior.