Global Electronic Bill Presentment and Payment (EBPP) Market to Reach 41.7 Thousand Million by 2030
The global market for Electronic Bill Presentment and Payment (EBPP) estimated at 22.6 Thousand Million in the year 2022, is projected to reach a revised size of 41.7 Thousand Million by 2030, growing at a CAGR of 7.9% over the period 2022-2030. Electronic Bill Payment, one of the segments analyzed in the report, is projected to record 8.7% CAGR and reach 24.6 Thousand Million by the end of the analysis period. Growth in the Electronic Bill Presentment segment is estimated at 7.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at 6.1 Thousand Million, While China is Forecast to Grow at 9.8% CAGR
The Electronic Bill Presentment and Payment (EBPP) market in the U.S. is estimated at 6.1 Thousand Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 7.4 Thousand Million by the year 2030 trailing a CAGR of 9.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 7.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.
Select Competitors (Total 119 Featured)
- AT&T, Inc.
- ACI Worldwide, Inc.
- API Outsourcing, Inc.
- Bottomline Technologies, Inc.
- Aliaswire, Inc.
- AvidXchange, Inc.
- Conduent Business Services LLC
- Calvi Business Software BV
- Agile Payments
- Cadence Bancorp LLC