Digital Payments

  • China
  • Total transaction value in the Digital Payments segment is projected to reach US$3,272,729m in 2022.
  • Total transaction value is expected to show an annual growth rate (CAGR 2022-2025) of 9.24% resulting in a projected total amount of US$4,266,327m by 2025.
  • The market's largest segment is Digital Commerce with a projected total transaction value of US$1,786,752m in 2022.
  • From a global comparison perspective it is shown that the highest cumulated transaction value is reached in China (US$3,272,729m in 2022).
  • In the year 2021 a share of 51.5% of users is male.
  • In the year 2021 a share of 33.8% of users is in the medium income group.
  • In the year 2021 a share of 32.4% of users is 25-34 years old.
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