Payment Orchestration Market Size and Growth Statistics 2023 | Competitive Landscape, Restraining Factors, Market Concentration Rate, Development Status and Growth by Forecast 2030
Payment Orchestration Market
Payment Orchestration is a relatively new term, one that encompasses concepts that most merchants may already be familiar with. The term refers to all of the software systems and services that automate the coordination and management of business operations involved in authorizing, processing, and optimizing payments.This report focuses on global and United States Payment Orchestration market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global Payment Orchestration market size is estimated to be worth USD 1553.3 million in 2022 and is forecast to a readjusted size of USD 6156.7 million by 2028 with a CAGR of 25.8% during the review period. Global key players of Payment Orchestration include Spreedly, Payoneer, Cell Point Digital, Worldline and Amadeus IT Group, etc. Top five players occupy for a share about 46%. North America is the largest market, with a share about 43%, followed by Asia-Pacific and Europe. In terms of product, B2B is the largest segment, with a share over 65%. In terms of application, Travel and Hospitality Industry is the largest market, with a share over 36%.Payment Orchestration market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Payment Orchestration market will be able to gain the upper hand as they use the report as a powerful resource.
Major players covered in Payment Orchestration Market are:
- Cell Point Digital
- ZOOZ (PAYU)
- IXOPAY
- Payoneer
- aye4fin GmbH
- Bridge
- Amadeus IT Group
- Worldline
- APEXX Fintech
- Rebilly
- Spreedly
- ModoPayments
Market Segment by Type:
- B2C
- B2B
- C2C
Market Segment by Application:
- BFSI
- E-commerce
- Travel and Hospitality Industry
- EdTech
- Gaming and Entertainment
- Healthcare Industry
- Others
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