India UPI Payment Market
India UPI Payment Market - Global Industry Assessment & Forecast
#
Pages:
195
Base Year:
2023
Mar - 2024
Format:
Report Code:
VMR-2435
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
India UPI Payment Market Segment Analysis
- India UPI Payment Type Outlook (Revenue, USD Million, 2018 - 2030)
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- India UPI Payment Application Outlook (Revenue, USD Million, 2018 - 2030)
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- India UPI Payment Transaction Type Outlook (Revenue, USD Million, 2018 - 2030)
- Domestic
- Cross Border
- India UPI Payment Vertical Outlook (Revenue, USD Million, 2018 - 2030)
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
-
North America India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
-
North America India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
-
North America India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- U.S.
- U.S. India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- U.S. India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- U.S. India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- U.S. India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- U.S. India UPI Payment Market, by Type
- Canada
- Canada India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Canada India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Canada India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Canada India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Canada India UPI Payment Market, by Type
-
Mexico
- Mexico India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Mexico India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Mexico India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Mexico India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Mexico India UPI Payment Market, by Type
-
North America India UPI Payment Market, by Type
- Europe
-
Europe India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
-
Europe India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
-
Europe India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
-
Europe India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- U. K.
- U.K. India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- U.K. India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- U.K. India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- U.K. India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- U.K. India UPI Payment Market, by Type
- France
- France India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- France India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- France India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- France India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- France India UPI Payment Market, by Type
-
Germany
- Germany India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Germany India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Germany India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Germany India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Germany India UPI Payment Market, by Type
-
Italy
- Italy India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Italy India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Italy India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Italy India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Italy India UPI Payment Market, by Type
-
Spain
- Spain India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Spain India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Spain India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Spain India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Spain India UPI Payment Market, by Type
-
Rest of Europe
- Rest of Europe India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Rest of Europe India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Rest of Europe India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Rest of Europe India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Rest of Europe India UPI Payment Market, by Type
-
Europe India UPI Payment Market, by Type
- Asia Pacific
-
Asia Pacific India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
-
Asia Pacific India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
-
Asia Pacific India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
-
Asia Pacific India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- China
- China India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- China India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- China India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- China India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- China India UPI Payment Market, by Type
- Japan
- Japan India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Japan India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Japan India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Japan India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Japan India UPI Payment Market, by Type
-
Germany
- Germany India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Germany India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Germany India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Germany India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Germany India UPI Payment Market, by Type
-
India
- India India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- India India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- India India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- India India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- India India UPI Payment Market, by Type
-
South Korea
- South Korea India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- South Korea India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- South Korea India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- South Korea India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- South Korea India UPI Payment Market, by Type
-
South East Asia
- South East Asia India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- South East Asia India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- South East Asia India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- South East Asia India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- South East Asia India UPI Payment Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Rest of Asia Pacific India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Rest of Asia Pacific India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Rest of Asia Pacific India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Rest of Asia Pacific India UPI Payment Market, by Type
-
Asia Pacific India UPI Payment Market, by Type
- Latin America
-
Latin America India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
-
Latin America India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
-
Latin America India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
-
Latin America India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Brazil
- Brazil India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Brazil India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Brazil India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Brazil India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Brazil India UPI Payment Market, by Type
- Argentina
- Argentina India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Argentina India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Argentina India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Argentina India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Argentina India UPI Payment Market, by Type
-
Rest of Latin America
- Rest of Latin America India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Rest of Latin America India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Rest of Latin America India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Rest of Latin America India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Rest of Latin America India UPI Payment Market, by Type
-
Latin America India UPI Payment Market, by Type
- Middle East & Africa
-
Middle East & Africa India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
-
Middle East & Africa India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
-
Middle East & Africa India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
-
Middle East & Africa India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- GCC Countries
- GCC Countries India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- GCC Countries India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- GCC Countries India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- GCC Countries India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- GCC Countries India UPI Payment Market, by Type
- South Africa
- South Africa India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- South Africa India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- South Africa India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- South Africa India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- South Africa India UPI Payment Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa India UPI Payment Market, by Type
- Peer-to-Peer (P2P) Payments
- Peer-to-Merchant (P2M) Payments
- Rest of Middle East & Africa India UPI Payment Market, by Application
- Money Transfer
- Bill Payments
- Point of Sale
- Other Applications
- Rest of Middle East & Africa India UPI Payment Market, by Transaction Type
- Domestic
- Cross Border
- Rest of Middle East & Africa India UPI Payment Market, by Vertical
- BFSI
- Retail & E-Commerce
- IT & ITeS
- Telecom
- Healthcare
- Travel & Hospitality
- Transportation & Logistics
- Media & Entertainment
- Other Verticals
- Rest of Middle East & Africa India UPI Payment Market, by Type
-
Middle East & Africa India UPI Payment Market, by Type
- North America
Vantage Market
Research | 11-Mar-2024
FAQ
Frequently Asked Question
What is the global demand for India UPI Payment in terms of revenue?
-
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?
-
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?
-
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.
-
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?
-
XX was the leading regional segment of the India UPI Payment in 2023.
