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Payments Technology Spending Through 2021: Business Function Segmentation

Payments Technology Spending Through 2021: Business Function Segmentation

  • July 2017
  • ID: 5048674

Summary

Introduction

The payments sector is undergoing a period of rapid change and disruption as new technologies, new entrants, and growing customer expectations drive product and service enhancements across the industry. This forecast provides an up-to-date and granular view of how technology spending across sources and business lines is changing as a result.

Highlights
The payments technology market will experience strong growth over the period to 2021, reaching $56.4bn at the end of the forecast period. Spending on payment hub technologies will experience the most rapid expansion.
North America and Europe will remain the largest markets for payments technology, but growth will be strong in Asia-Pacific and MEA.

Features and benefits
Provides a highly interactive model that can be used to view data sets and trend charts across geographies and lines of business.
Enables analysis of spending trends across retail and wholesale payments, fraud, payment hubs, and processors.

Key Questions answered
Which countries and markets will see the strongest growth in payments IT spend in the short and medium term?
Where are my peers allocating spend across sources?
Where will spending on payment hub technology grow most quickly?

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