FinTech: Digital Payments Outlook 2016

Trends, Insights & Key Players

Essentials of this report:

  • Global market size of US$2,221 billion in 2016
  • The US accounted for 29% of the global Digital Payment market
  • China led Mobile Payment transaction value with US$67.7bn in 2016
  • China‚Äôs transaction value will almost triple by 2021
  • US Mobile Payments will grow at an annual rate of 62% between 2016 and 2021
  • With 85% of all FinTech transaction value in 2016, Digital Payments were the main growth drivers Development is driven by the increasing value of online purchased goods and services
  • Barriers of digital payment checkouts will be minimized through innovative and convenient solutions Blockchain technology shows highly disruptive potential

    For more information please visit the Statista Digital Market Outlook
    • Language: English
    • Released: 2017
    • Source(s): Statista

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