Global IOT Payments Market

Global IOT Payments Market Research Report 2021

Global IOT Payments Market

Global IOT Payments Market Research Report 2021

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As per the study the IOT Payments Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global IOT Payments Market Overview:

Global IOT Payments Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of IOT Payments involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on IOT Payments Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the IOT Payments market in 2020.

Global IOT Payments Market Segmentation

By Type, IOT Payments market has been segmented into:

Solutions

Services

By Application, IOT Payments market has been segmented into:

BFSI

Retail and Ecommerce

Healthcare

Travel and Hospitality

Transportation and logistics

Others

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in IOT Payments market are:

ACI Worldwide

Adyen

Aurus

Aliant Payments

Alipay

Apple Pay

Due

Dwolla

FattMerchant

FIS

Fiserv

Global Payments

Intuit

JPMorgan Chase

Mastercard

PayPal

Paysafe

PayTrace

PayU

Spreedly

Square

Stripe

Visa

WEX

Worldline

2Checkout

Chapter 1: Introduction

 1.1 Research Objectives

 1.2 Research Methodology

 1.3 Research Process

 1.4 Scope and Coverage

  1.4.1 Market Definition

  1.4.2 Key Questions Answered

 1.5 Base Year

 1.6 Scope of The Study

 1.7 Market Segmentation

Chapter 2:Executive Summary

Chapter 3: Market Landscape

 3.1 Report Description

 3.2 Market Overview: Market Definition and Scope

 3.3 Porter's Five Forces Analysis

  3.3.1 Bargaining Power of Supplier

  3.3.2 Threat of New Entrants

  3.3.3 Threat of Substitutes

  3.3.4 Competitive Rivalry

  3.3.5 Bargaining Power Among Buyers

 3.4 Industry Value Chain Analysis

 3.5 Market Dynamics

  3.5.1 Drivers

  3.5.2 Restraints

  3.5.3 Opportunities

  3.5.4 Challenges

 3.6 Pestle Analysis

 3.7 Analysis of the Impact of Covid-19

Chapter 4: IOT Payments Market by Component

 4.1 IOT Payments Market Overview By Component (2016-2027)

 4.2 Solutions

  4.2.1 Market Overview

  4.2.2 Key Market Trends, Growth Factors and Opportunities

  4.2.3 Historic and Forecasted Market Size (2016-2027)

  4.2.4 Historic and Forecasted Market Size By Region (2016-2027)

 4.3 Services

  4.3.1 Market Overview

  4.3.2 Key Market Trends, Growth Factors and Opportunities

  4.3.3 Historic and Forecasted Market Size (2016-2027)

  4.3.4 Historic and Forecasted Market Size By Region (2016-2027)

Chapter 5: IOT Payments Market by Deployment

 5.1 IOT Payments Market Overview By Deployment (2016-2027)

 5.2 Cloud-Based

  5.2.1 Market Overview

  5.2.2 Key Market Trends, Growth Factors and Opportunities

  5.2.3 Historic and Forecasted Market Size (2016-2027)

  5.2.4 Historic and Forecasted Market Size By Region (2016-2027)

 5.3 On-Premise

  5.3.1 Market Overview

  5.3.2 Key Market Trends, Growth Factors and Opportunities

  5.3.3 Historic and Forecasted Market Size (2016-2027)

  5.3.4 Historic and Forecasted Market Size By Region (2016-2027)

Chapter 6: IOT Payments Market by Enterprise Size

 6.1 IOT Payments Market Overview By Enterprise Size (2016-2027)

 6.2 Large Enterprises

  6.2.1 Market Overview

  6.2.2 Key Market Trends, Growth Factors and Opportunities

  6.2.3 Historic and Forecasted Market Size (2016-2027)

  6.2.4 Historic and Forecasted Market Size By Region (2016-2027)

 6.3 SMEs

  6.3.1 Market Overview

  6.3.2 Key Market Trends, Growth Factors and Opportunities

  6.3.3 Historic and Forecasted Market Size (2016-2027)

  6.3.4 Historic and Forecasted Market Size By Region (2016-2027)

Chapter 7: IOT Payments Market by Verticals

 7.1 IOT Payments Market Overview By Verticals (2016-2027)

 7.2 BFSI

  7.2.1 Market Overview

  7.2.2 Key Market Trends, Growth Factors and Opportunities

  7.2.3 Historic and Forecasted Market Size (2016-2027)

  7.2.4 Historic and Forecasted Market Size By Region (2016-2027)

 7.3 Retail and Ecommerce

  7.3.1 Market Overview

  7.3.2 Key Market Trends, Growth Factors and Opportunities

  7.3.3 Historic and Forecasted Market Size (2016-2027)

  7.3.4 Historic and Forecasted Market Size By Region (2016-2027)

 7.4 Healthcare

  7.4.1 Market Overview

  7.4.2 Key Market Trends, Growth Factors and Opportunities

  7.4.3 Historic and Forecasted Market Size (2016-2027)

  7.4.4 Historic and Forecasted Market Size By Region (2016-2027)

 7.5 Travel and Hospitality

  7.5.1 Market Overview

  7.5.2 Key Market Trends, Growth Factors and Opportunities

  7.5.3 Historic and Forecasted Market Size (2016-2027)

  7.5.4 Historic and Forecasted Market Size By Region (2016-2027)

 7.6 Transportation and logistics

  7.6.1 Market Overview

  7.6.2 Key Market Trends, Growth Factors and Opportunities

  7.6.3 Historic and Forecasted Market Size (2016-2027)

  7.6.4 Historic and Forecasted Market Size By Region (2016-2027)

 7.7 Others

  7.7.1 Market Overview

  7.7.2 Key Market Trends, Growth Factors and Opportunities

  7.7.3 Historic and Forecasted Market Size (2016-2027)

  7.7.4 Historic and Forecasted Market Size By Region (2016-2027)

Chapter 8: Company Profiles and Competitive Analysis

 8.1 Competitive Landscape

  8.1.1 Competition Analysis

  8.1.2 Strategies By Top Leading Players

  8.1.3 Mergers and Acquisitions

  8.1.4 Top Winning Strategies

 8.2 ACI WORLDWIDE

  8.2.1 Company Overview

  8.2.2 Company Snapshot

  8.2.3 Business Performance

  8.2.4 Product Portfolio

  8.2.5 Key Strategic Moves and Recent Developments

 8.3 ADYEN

  8.3.1 Company Overview

  8.3.2 Company Snapshot

  8.3.3 Business Performance

  8.3.4 Product Portfolio

  8.3.5 Key Strategic Moves and Recent Developments

 8.4 AURUS

  8.4.1 Company Overview

  8.4.2 Company Snapshot

  8.4.3 Business Performance

  8.4.4 Product Portfolio

  8.4.5 Key Strategic Moves and Recent Developments

 8.5 ALIANT PAYMENTS

  8.5.1 Company Overview

  8.5.2 Company Snapshot

  8.5.3 Business Performance

  8.5.4 Product Portfolio

  8.5.5 Key Strategic Moves and Recent Developments

 8.6 ALIPAY

  8.6.1 Company Overview

  8.6.2 Company Snapshot

  8.6.3 Business Performance

  8.6.4 Product Portfolio

  8.6.5 Key Strategic Moves and Recent Developments

 8.7 APPLE PAY

  8.7.1 Company Overview

  8.7.2 Company Snapshot

  8.7.3 Business Performance

  8.7.4 Product Portfolio

  8.7.5 Key Strategic Moves and Recent Developments

 8.8 DUE

  8.8.1 Company Overview

  8.8.2 Company Snapshot

  8.8.3 Business Performance

  8.8.4 Product Portfolio

  8.8.5 Key Strategic Moves and Recent Developments

 8.9 DWOLLA

  8.9.1 Company Overview

  8.9.2 Company Snapshot

  8.9.3 Business Performance

  8.9.4 Product Portfolio

  8.9.5 Key Strategic Moves and Recent Developments

 8.10 FATTMERCHANT

  8.10.1 Company Overview

  8.10.2 Company Snapshot

  8.10.3 Business Performance

  8.10.4 Product Portfolio

  8.10.5 Key Strategic Moves and Recent Developments

 8.11 FIS

  8.11.1 Company Overview

  8.11.2 Company Snapshot

  8.11.3 Business Performance

  8.11.4 Product Portfolio

  8.11.5 Key Strategic Moves and Recent Developments

 8.12 FISERV

  8.12.1 Company Overview

  8.12.2 Company Snapshot

  8.12.3 Business Performance

  8.12.4 Product Portfolio

  8.12.5 Key Strategic Moves and Recent Developments

 8.13 GLOBAL PAYMENTS

  8.13.1 Company Overview

  8.13.2 Company Snapshot

  8.13.3 Business Performance

  8.13.4 Product Portfolio

  8.13.5 Key Strategic Moves and Recent Developments

 8.14 INTUIT

  8.14.1 Company Overview

  8.14.2 Company Snapshot

  8.14.3 Business Performance

  8.14.4 Product Portfolio

  8.14.5 Key Strategic Moves and Recent Developments

 8.15 JPMORGAN CHASE

  8.15.1 Company Overview

  8.15.2 Company Snapshot

  8.15.3 Business Performance

  8.15.4 Product Portfolio

  8.15.5 Key Strategic Moves and Recent Developments

 8.16 MASTERCARD

  8.16.1 Company Overview

  8.16.2 Company Snapshot

  8.16.3 Business Performance

  8.16.4 Product Portfolio

  8.16.5 Key Strategic Moves and Recent Developments

 8.17 PAYPAL

  8.17.1 Company Overview

  8.17.2 Company Snapshot

  8.17.3 Business Performance

  8.17.4 Product Portfolio

  8.17.5 Key Strategic Moves and Recent Developments

 8.18 PAYSAFE

  8.18.1 Company Overview

  8.18.2 Company Snapshot

  8.18.3 Business Performance

  8.18.4 Product Portfolio

  8.18.5 Key Strategic Moves and Recent Developments

 8.19 PAYTRACE

  8.19.1 Company Overview

  8.19.2 Company Snapshot

  8.19.3 Business Performance

  8.19.4 Product Portfolio

  8.19.5 Key Strategic Moves and Recent Developments

 8.20 PAYU

  8.20.1 Company Overview

  8.20.2 Company Snapshot

  8.20.3 Business Performance

  8.20.4 Product Portfolio

  8.20.5 Key Strategic Moves and Recent Developments

 8.21 SPREEDLY

  8.21.1 Company Overview

  8.21.2 Company Snapshot

  8.21.3 Business Performance

  8.21.4 Product Portfolio

  8.21.5 Key Strategic Moves and Recent Developments

 8.22 SQUARE

  8.22.1 Company Overview

  8.22.2 Company Snapshot

  8.22.3 Business Performance

  8.22.4 Product Portfolio

  8.22.5 Key Strategic Moves and Recent Developments

 8.23 STRIPE

  8.23.1 Company Overview

  8.23.2 Company Snapshot

  8.23.3 Business Performance

  8.23.4 Product Portfolio

  8.23.5 Key Strategic Moves and Recent Developments

 8.24 VISA

  8.24.1 Company Overview

  8.24.2 Company Snapshot

  8.24.3 Business Performance

  8.24.4 Product Portfolio

  8.24.5 Key Strategic Moves and Recent Developments

 8.25 WEX

  8.25.1 Company Overview

  8.25.2 Company Snapshot

  8.25.3 Business Performance

  8.25.4 Product Portfolio

  8.25.5 Key Strategic Moves and Recent Developments

 8.26 WORLDLINE

  8.26.1 Company Overview

  8.26.2 Company Snapshot

  8.26.3 Business Performance

  8.26.4 Product Portfolio

  8.26.5 Key Strategic Moves and Recent Developments

 8.27 2CHECKOUT

  8.27.1 Company Overview

  8.27.2 Company Snapshot

  8.27.3 Business Performance

  8.27.4 Product Portfolio

  8.27.5 Key Strategic Moves and Recent Developments

Chapter 9: Global IOT Payments Market By Region

 9.1 Overview

 9.2 North America

  9.2.1 Market Overview

  9.2.2 Key Market Trends, Growth Factors and Opportunities

  9.2.2 Historic and Forecast Market Size by Component

  9.2.3 Historic and Forecast Market Size by Deployment

  9.2.4 Historic and Forecast Market Size by Enterprise Size

  9.2.5 Historic and Forecast Market Size by Verticals

  9.2.6 Historic and Forecast Market Size by Country

 9.3 Europe

  9.3.1 Market Overview

  9.3.2 Key Market Trends, Growth Factors and Opportunities

  9.3.2 Historic and Forecast Market Size by Component

  9.3.3 Historic and Forecast Market Size by Deployment

  9.3.4 Historic and Forecast Market Size by Enterprise Size

  9.3.5 Historic and Forecast Market Size by Verticals

  9.3.6 Historic and Forecast Market Size by Country

 9.4 Asia Pacific

  9.4.1 Market Overview

  9.4.2 Key Market Trends, Growth Factors and Opportunities

  9.4.2 Historic and Forecast Market Size by Component

  9.4.3 Historic and Forecast Market Size by Deployment

  9.4.4 Historic and Forecast Market Size by Enterprise Size

  9.4.5 Historic and Forecast Market Size by Verticals

  9.4.6 Historic and Forecast Market Size by Country

 9.5 Middle East & Africa

  9.5.1 Market Overview

  9.5.2 Key Market Trends, Growth Factors and Opportunities

  9.5.2 Historic and Forecast Market Size by Component

  9.5.3 Historic and Forecast Market Size by Deployment

  9.5.4 Historic and Forecast Market Size by Enterprise Size

  9.5.5 Historic and Forecast Market Size by Verticals

  9.5.6 Historic and Forecast Market Size by Country

 9.6 South America

  9.6.1 Market Overview

  9.6.2 Key Market Trends, Growth Factors and Opportunities

  9.6.2 Historic and Forecast Market Size by Component

  9.6.3 Historic and Forecast Market Size by Deployment

  9.6.4 Historic and Forecast Market Size by Enterprise Size

  9.6.5 Historic and Forecast Market Size by Verticals

  9.6.6 Historic and Forecast Market Size by Country

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
IOT Payments Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the market share of the IOT Payments Market?
The Global IOT Payments Market share by vendor, as well as the concentration rate using the CR4, CR8 Index, determine the strength of competitive players like ACI Worldwide, Adyen, Aurus, Aliant Payments, Alipay, Apple Pay, Due, Dwolla, FattMerchant, FIS, Fiserv, Global Payments, Intuit, JPMorgan Chase, Mastercard, PayPal, Paysafe, PayTrace, PayU, Spreedly, Square, Stripe, Visa, WEX, Worldline, 2Checkout.
Is the IOT Payments Market shifting its focus from growth to value?
Recognize the areas along the IOT Payments Market's value chain where players are generating value. To get a complete picture, kindly read the entire report.
What important business segments are segregated by application types in the latest edition of the IOT Payments Market?
The key business segments in the IOT Payments Market are segregated by applications [BFSI, Retail and Ecommerce, Healthcare, Travel and Hospitality, Transportation and logistics, Others] and types [Solutions, Services].
What years are taken into account in the IOT Payments Market study?
The IOT Payments Market study evaluates the year spans as follows: Historical year: 2019 to 2024; Base year: 2024; Forecast period**: 2025 to 2030 [** unless otherwise stated]
Is further segmentation possible given the scope of the IOT Payments Market study?
Yes, the add-on segmentation is available in the premium customised version of the IOT Payments Market report for a more in-depth analysis. It aids in the calculation of refined and precise market values.
What is the estimated global market value of the IOT Payments Market?
The IOT Payments Market is expected to reach a considerable market valuation.