B2B payments market size in Germany in 2023, with a 2031 forecast
B2B payments in Germany are projected to reach well over 96 billion USD by 2023, and forecasts say it will continue to grow up until 2031. This is according to a research calculation that starts off in 2022 and models the future growth of business-to-business transactions within the country. Germany's B2B payments market value could reach over 192 billion U.S. dollars by 2031, for an estimated 9.0 percent CAGR (2023-2031). The source does not provide further figures on specific B2B categories, such as cross-border payments. Cross-border payment services - which includes B2B - in Europe, the Middle East, and Africa (EMEA) was said to be around 64 billion U.S. dollars in 2022.
