Electronic Bill Presentment and Payment Market Future of Market Size Unlocking New Opportunities

Author : kumar shrey | Published On : 19 Dec 2023

Astute Analytica recently released a new research report that delves into the global Electronic Bill Presentment and Payment market. With the ever-changing landscape of customer needs and technological advancements, industry participants must understand the dynamics of this market.

According to the report’s research methodology, The Global Electronic Bill Presentment and Payment (EBPP) market is projected to grow by 109% in market valuation between 2022 and 2030, reaching a valuation of US$ 26,614.0 million by 2030. The market is estimated to register a CAGR of 9.7% during the forecast period, 2022–2030.

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Market Overview

The report begins by providing a comprehensive overview of the Electronic Bill Presentment and Payment market, including its definition, classification, and extensive scope. It aims to facilitate a deep understanding of the market by explaining important industry terms and concepts.

Apart from this, the report explores the factors driving the growth of the Electronic Bill Presentment and Payment industry in detail. It highlights the complex nature of the market and examines various elements that contribute to its expansion.

About the Electronic Bill Presentment and Payment Market

The growing adoption of online e-payment platforms among customers and contactless payments in business-to-consumer marketplaces have helped increase the demand for EBPP services significantly in recent years. However, the large-scale use of checks and traditional bill payment methods (paper bills) in several developing and underdeveloped countries is one of the key challenges facing the market.

Unleashing Fierce Ingenuity to Navigate the Competitive Landscape

With meticulous precision, it dissects the strategies, maneuvers, and calculated moves of the industry’s major players, shedding light on their profound impact on the sector’s landscape. By delving into the dynamic dynamics of this cutthroat market and unraveling the cunning tactics employed by these corporate behemoths, stakeholders are bestowed with invaluable insights that can shape their own strategic battles.

For The Full Report, Please Follow This Link-https://www.astuteanalytica.com/industry-report/electronic-bill-presentment-payment-market

List of Prominent Players Profiled

  • ACI Worldwide Inc.,
  • Bottomline Technologies, Inc.
  • Communications Data Group, Inc.
  • CSG Systems International, Inc.
  • CyberSource Corporation
  • ebpSource Limited (UK)
  • Enterprise jBilling Software Ltd.
  • FIS
  • Jack Henry & Associates, Inc.
  • Jopari Solutions, Inc.
  • SIX Payment Services Ltd.
  • Sorriso Technologies, Inc.
  • Striata
  • PayPal, Inc.
  • Fiserv, Inc.
  • MasterCard
  • Pagero AB

Unveiling the Dominated Realm — A Geographical Expedition

The report offers a comprehensive regional analysis of the Electronic Bill Presentment and Payment market. It recognizes that regional differences significantly influence market dynamics and emphasizes the importance of understanding nuances in each region. The report explores the performance of the market in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, providing stakeholders with valuable insights.

Decoding the Segmentation Analysis

The report promises to provide a comprehensive view of different market segments. It acknowledges that the market is not a single entity but a combination of multiple sectors. The report offers information on the sizes, potential growth paths, and major trends within these segments. This enables stakeholders to develop specific strategies and make efficient use of resources.

The Electronic Bill Presentment and Payment (EBPP) market is segmented into:

By EBPP Type

  • Biller-Direct EBPP
  • Consolidated EBPP

By Bill Type

  • Phone Bills
  • Electric Bill Payment
  • Gas Bill Payment
  • Other Expenses (DTH, Entertainment, etc.)

By Payment Channel

  • Mobile apps and wallets
  • Websites
  • Interactive Voice Response (IVR)
  • Kiosk
  • Others

By Industry

  • FMCG & F&B
  • BFSI
  • IT & Telecom
  • Retail
  • HoReCa & QSRs
  • Healthcare
  • Apparel and Footwear
  • Media & Entertainment
  • Manufacturing
  • Education
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA
  • South America
  • Argentina
  • Brazil
  • Rest of South America

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Conclusion

In summary, Astute Analytica’s research report provides a detailed analysis of the global Electronic Bill Presentment and Payment market. It equips industry participants with valuable insights into market dynamics, competitive strategies, regional variations, and segmentation trends. This information empowers stakeholders to make informed decisions and adapt to the evolving landscape of the keyword market.

About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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