| Product Code: ETC7541673 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India digital payment processing market import shipment demonstrated a modest Compound Annual Growth Rate of 1.4% from 2020 to 2024. However, the growth rate between 2023 and 2024 declined by 8.4%, indicating a slowdown in the market expansion towards the end of the period. Overall, the market exhibited a mixed performance with a stabilizing trend in recent years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Digital Payment Processing Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Digital Payment Processing Market Revenues & Volume, 2021 & 2031F |
3.3 India Digital Payment Processing Market - Industry Life Cycle |
3.4 India Digital Payment Processing Market - Porter's Five Forces |
3.5 India Digital Payment Processing Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.6 India Digital Payment Processing Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.7 India Digital Payment Processing Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 India Digital Payment Processing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting digital payments |
4.2.2 Increasing internet and smartphone penetration in India |
4.2.3 Growing adoption of e-commerce and online shopping |
4.2.4 Rising awareness about the benefits of digital payments |
4.2.5 Technological advancements in payment processing systems |
4.3 Market Restraints |
4.3.1 Concerns over cybersecurity and data privacy |
4.3.2 Lack of digital infrastructure in certain regions of India |
4.3.3 Resistance to change among some segments of the population |
4.3.4 Regulatory challenges and compliance issues |
4.3.5 Limited access to banking services for a significant portion of the population |
5 India Digital Payment Processing Market Trends |
6 India Digital Payment Processing Market, By Types |
6.1 India Digital Payment Processing Market, By Deployment Type |
6.1.1 Overview and Analysis |
6.1.2 India Digital Payment Processing Market Revenues & Volume, By Deployment Type, 2021- 2031F |
6.1.3 India Digital Payment Processing Market Revenues & Volume, By On-Premises, 2021- 2031F |
6.1.4 India Digital Payment Processing Market Revenues & Volume, By Cloud, 2021- 2031F |
6.2 India Digital Payment Processing Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 India Digital Payment Processing Market Revenues & Volume, By Small and Medium-sized Enterprises, 2021- 2031F |
6.2.3 India Digital Payment Processing Market Revenues & Volume, By Large Enterprises, 2021- 2031F |
6.3 India Digital Payment Processing Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 India Digital Payment Processing Market Revenues & Volume, By Banking, Financial Services and Insurance, 2021- 2031F |
6.3.3 India Digital Payment Processing Market Revenues & Volume, By Retail and E-commerce, 2021- 2031F |
6.3.4 India Digital Payment Processing Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 India Digital Payment Processing Market Revenues & Volume, By Travel and Hospitality, 2021- 2031F |
6.3.6 India Digital Payment Processing Market Revenues & Volume, By Transportation and Logistics, 2021- 2031F |
6.3.7 India Digital Payment Processing Market Revenues & Volume, By Media and Entertainment, 2021- 2031F |
7 India Digital Payment Processing Market Import-Export Trade Statistics |
7.1 India Digital Payment Processing Market Export to Major Countries |
7.2 India Digital Payment Processing Market Imports from Major Countries |
8 India Digital Payment Processing Market Key Performance Indicators |
8.1 Average transaction value |
8.2 Number of active digital payment users |
8.3 Growth in mobile wallet usage |
8.4 Digital payment transaction frequency |
8.5 Percentage of cashless transactions in overall consumer spending |
9 India Digital Payment Processing Market - Opportunity Assessment |
9.1 India Digital Payment Processing Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.2 India Digital Payment Processing Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.3 India Digital Payment Processing Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 India Digital Payment Processing Market - Competitive Landscape |
10.1 India Digital Payment Processing Market Revenue Share, By Companies, 2024 |
10.2 India Digital Payment Processing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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