India UPI Payment Market
India UPI Payment Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Peer-to-Peer (P2P) Payments, Peer-to-Merchant (P2M) Payments
- By Application Money Transfer, Bill Payments, Point of Sale, Other Applications
- By Transaction Type Domestic, Cross Border
- By Vertical BFSI, Retail & E-Commerce, IT & ITeS, Telecom, Healthcare, Travel & Hospitality, Transportation & Logistics, Media & Entertainment, Other Verticals
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 1.3 Trillion |
Revenue 2032: | USD 3212.8 Trillion |
Revenue CAGR (2024 - 2032): | 138.2% |
Fastest Growing Region (2024 - 2032) | XX |
Largest Region (2023): | XX |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2018 to 2022 |
3. | Forecast Data | 2024 to 2032 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for India UPI Payment in terms of revenue?
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The global India UPI Payment valued at USD 1.3 Trillion in 2023 and is expected to reach USD 3212.8 Trillion in 2032 growing at a CAGR of 138.2%.
Which are the prominent players in the market?
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The prominent players in the market are Axis Bank Ltd., Bank of Baroda, Bharti Airtel Ltd., Central Bank of India, Dreamplug Technologies Pvt. Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd., One MobiKwik System Pvt. Ltd., One97 Communications Ltd., Reliance Industries Ltd., South Indian Bank Ltd., State Bank of India, Union Bank of India ,Yes Bank .
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 138.2% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
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The driving factors of the India UPI Payment include
- The seamless and immediate money transfer process offered by UPI payments drives the {{Keyword}} Market
Which region accounted for the largest share in the market?
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XX was the leading regional segment of the India UPI Payment in 2023.