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E-Commerce Payment Market - Chinese Ecommerce Sales Grew by 27.2% Thus Making Is Fastest Growing Region in Global Market for Near Future

Global (United States, European Union and China) E-Commerce Payment Market Size, Status and Forecast 2018-2025

 

Pune, India -- (SBWIRE) -- 11/06/2018 -- E-commerce Payment is a transaction of buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange (EDI) and automated data collection systems. It has become increasingly popular due to the widespread use of the internet-based shopping and banking. Payment method security technology, payment customer experience are fast updating all the time. These are also the key features market players engaging to lead the run from all over the whole.

As E-commerce involves with such wide scope, which should also include different types of bank electronic wiring, Business to Business (B2B), which involves with different participants and large amount of social capital compare to Business to Customer (B2C) type of business. So this report is going to focus on Business to Customer (B2C) E-commerce Payment Market study only.

In the category of E-commerce sales, China and the United States are clearly at the top. In 2016, the

Chinese in total spent $975bn online, while the American E-commerce turnover amounted to $648.6bn. The UK ($192.5bn), Japan ($124.4bn) and France ($79.1bn) completed the top 5.

In comparison with last year, China's ecommerce market grew significantly faster than the one of the US. Compared to 2016, Chinese ecommerce sales grew by 27.2%, while in the US it grew by 8.99 %.For 2017 as well, the Chinese E-commerce market is expected to increase much faster than the American one (24% vs. 9%). As a result, it will continue to increase its lead even further.

In 2017, the global E-Commerce Payment market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

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This report focuses on the global E-Commerce Payment status, future forecast, growth opportunity, key market and key players. The study objectives are to present the E-Commerce Payment development in United States, Europe and China.

The key players covered in this study

Alipay

Tenpay

PayPal

Visa

MasterCard

China UnionPay

American Express

JCB

Discover

Market segment by Type, the product can be split into

Cards

E-wallets

Mobile

Bank Transfer

Direct Debits

Cash on Delivery

Market segment by Application, split into

Commercial

Banks

Finance

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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The study objectives of this report are:

To analyze global E-Commerce Payment status, future forecast, growth opportunity, key market and key players.

To present the E-Commerce Payment development in United States, Europe and China.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of E-Commerce Payment are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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