B2B Payments Market, By Transaction Type (Traditional and Digital), By Business Segment (Small Sized Business, Medium Sized Business, and Large Sized Business), By Operating Channel (Cross Border and Domestic), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Since the creation of the internet, we have come across ‘always on, always available’ communications across every aspect of our lives. As the payments industry evolved from paper-based to digital, these rising expectations have proven to be challenging. B2B payments are payments between two traders for goods and services. Still, paper checks records popular payment method for businesses. A digital B2B payment solution is a rapid payment method. It improves the cash flow of a company, involving issuing, receiving and processing systems. Whereas, business to business transactions are widespread in the typical supply chain, such as businesses buying parts and goods, raw materials for use in production procedures. The B2B payments market accounted for US$ 732.4 billion in 2019 and is estimated to be US$ 1900.6 billion by 2029 and is anticipated to register a CAGR of 10.1%.

Impact of COVID-19 on the market

Artificial Intelligence (AI), Augmented Reality (AR), and Virtual Reality (VR), solutions are expected to substantially contribute while responding to the COVID-19 pandemic and address continuously emerging challenges. The existing situation due to the outbreak of the crisis will inspire healthcare establishments, pharmaceutical vendors, business traders to improve their R&D investments in AI, acting as a core technology for permitting multiple initiatives. This report will quantify the impact of this pandemic on the B2B payments market.

The major factors projected to drive the global market growth are gradual increase in income coupled with increase in consumer spending on goods and services. Additionally, factors such as increasing smart phones adoption, high internet penetration, is gradually increasing consumer’s preference for mobile payments through various applications which is anticipated to further influence the target market growth.

Developing government regulations related to cybercrime and improved infrastructure coupled with high government spending on cyber security, are factors creating revenue opportunities for the global market players. Furthermore, government of developed and developing are focused on development of payment infrastructure in order to facilitate the digital economy method coupled with launched of several application are factors positively propelling the global B2B payment market growth. Moreover, thriving e-commerce sector and with the introduction of new technology such as big data analytics, blockchain, AI, is projected to help financiers simplify the B2B payment system further propelling the revenue growth of the market.

Conversely, lack of regulatory scenario related to overseas payment and growing threats/activities related to data theft are factors limiting the target market growth. Due to easy access to high speed internet hacker can easily to track and steal the data. As per data published by World Economic Forum, two billion data records were recorded in 2017, and more than 4.5 billion records were breached in the first half of 2018. 

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The global B2B payments market is segmented based on the transaction type, business segment, operating channel, and region.

On the basis of the transaction type, the global B2B payments market is segmented into traditional and digital. Based on the business segment, the target market is segmented into small sized business, medium sized business, and large sized business. On the basis of operating channel, the global market is bifurcated into cross border and domestic.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

In the region, the global B2B payments market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market estimates for high revenue share, owing to availability of advanced internet infrastructure for smart payment options along with high consumers spending capacity on food and entertainment services. Moreover, presence of major service providers operating in the country such as US and Canada is projected to fuel the regional market growth.

Report Scope:

Attribute	Details
The base year for estimation	2019
Forecast period	2019 – 2029
Market representation	Revenue in USD Million & CAGR from 2019 – 2029
Market Segmentation	By Transaction Type - Traditional and Digital By Business Segment - Small Sized Business, Medium Sized Business, and Large Sized Business By Operating Channel - Cross Border and Domestic
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global B2B payments market report based on transaction type, business segment, operating channel, and region.

Global B2B Payments Market, By Transaction Type:

• Traditional
• Digital

 Global B2B Payments Market, By Business Segment:

• Small Sized Business
• Medium Sized Business
• Large Sized Business

 Global B2B Payments Market, By Operating Channel:

• Cross Border
• Domestic

 Global B2B Payments Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the global B2B payments market include American Express Co. Inc., Bottomline Technologies Inc., Ant Financial Services Co. Ltd., Coupa Software Inc., Intuit Inc., JPMorgan Chase & Co., FleetCor Technologies Inc., MasterCard Inc., and SAP. The target market has high competitive scenario as there is high presence of players operating. Major Player’s inclination towards expanding their customer base and improve the customer experience is projected to further upsurge the competition.

• American Express Co., Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies

• Bottomline Technologies, Inc.
• Ant Financial Services Co. Ltd.
• Coupa Software Inc.
• Intuit, Inc.
• JPMorgan Chase & Co.
• FleetCor Technologies, Inc.
• MasterCard Inc.
• SAP

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Thickness Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Purview
   • Executive Summary
   • Key Findings—Global Outlook for B2B Payments Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Transaction Type
     • Market Snippet, By Business Segment
     • Market Snippet, By Operating Channel
     • Market Snippet, By Region
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Global B2B Payments Market, By Transaction Type, 2019 – 2029, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
     • Y-o-Y Growth Analysis (%), 2019 – 2029
     • Segment Trends
   • Traditional
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Digital
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
6. Global B2B Payments Market, By Business Segment, 2019 – 2029, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
     • Y-o-Y Growth Analysis (%), 2019 – 2029
     • Segment Trends
   • Small Sized Business
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Medium Sized Business
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Large Sized Business
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
7. Global B2B Payments Market, By Operating Channel, 2019 – 2029, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
     • Y-o-Y Growth Analysis (%), 2019 – 2029
     • Segment Trends
   • Cross Border
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
   • Domestic
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
8. Global B2B Payments Market, By Region, 2019 – 2029, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
     • Y-o-Y Growth Analysis (%), 2019 – 2029
     • Regional Trends
   • North America
     • Market Size and Forecast (US$ Mn), By Transaction Type, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Business Segment, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Operating Channel, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast (US$ Mn), By Transaction Type, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Business Segment, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Operating Channel, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • Germany
       • UK
       • France
       • Russia
       • Italy
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast (US$ Mn), By Transaction Type, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Business Segment, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Operating Channel, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • China
       • India
       • Japan
       • South Korea
       • Rest of Asia Pacific
   • Latin America
     • Market Size and Forecast (US$ Mn), By Transaction Type, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Business Segment, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Operating Channel, 2019 – 2029
     • Market Size  and Forecast (US$ Mn), By Country, 2019 – 2029
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East & Africa
     • Market Size and Forecast (US$ Mn), By Transaction Type, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Business Segment, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Operating Channel, 2019 – 2029
     • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
       • GCC
       • Israel
       • South Africa
       • Rest of Middle East
9. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
10. Company Profiles
    • • American Express Co. Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Bottomline Technologies, Inc.
      • Ant Financial Services Co. Ltd.
      • Coupa Software Inc.
      • Intuit, Inc.
      • JPMorgan Chase & Co.
      • FleetCor Technologies, Inc.
      • MasterCard Inc.
      • SAP
11. The Last Word
    • Future Impact
    • About Us
    • Contact