Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Component (Solutions, Services), By Vertical (Banking, Financial Services, And Insurance, Retail and Ecommerce , Healthcare, Travel and Hospitality, Transportation and Logistics, Media and Entertainment, Other Verticals), By Deployment Mode (On-premises, Cloud), By Organization Size (Small and Medium-sized Enterprises, Large Enterprises) And Competitive Landscape
Product Code: ETC4602657 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
The Africa Digital Payment Market is projected to grow from approximately USD 60 billion in 2024 to around USD 140 billion by 2030, with a compound annual growth rate (CAGR) of 18% during this period. This growth is driven by the increasing adoption of mobile payment solutions, the rise of e-commerce, and the expanding availability of internet and smartphone access across the continent. The push for financial inclusion and the growing number of fintech startups offering innovative digital payment solutions further propel market expansion. Additionally, supportive government policies and regulatory frameworks aimed at promoting cashless transactions are expected to significantly contribute to the growth of the digital payment market in Africa through 2030.
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 Africa Digital Payment Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Digital Payment Market Revenues & Volume, 2020 & 2030F |
3.3 Africa Digital Payment Market - Industry Life Cycle |
3.4 Africa Digital Payment Market - Porter's Five Forces |
3.5 Africa Digital Payment Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Africa Digital Payment Market Revenues & Volume Share, By Component , 2020 & 2030F |
3.7 Africa Digital Payment Market Revenues & Volume Share, By Vertical , 2020 & 2030F |
3.8 Africa Digital Payment Market Revenues & Volume Share, By Deployment Mode, 2020 & 2030F |
3.9 Africa Digital Payment Market Revenues & Volume Share, By Organization Size, 2020 & 2030F |
4 Africa Digital Payment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Digital Payment Market Trends |
6 Africa Digital Payment Market, 2020 - 2030 |
6.1 Africa Digital Payment Market, Revenues & Volume, By Component , 2020 - 2030 |
6.2 Africa Digital Payment Market, Revenues & Volume, By Vertical , 2020 - 2030 |
6.3 Africa Digital Payment Market, Revenues & Volume, By Deployment Mode, 2020 - 2030 |
6.4 Africa Digital Payment Market, Revenues & Volume, By Organization Size, 2020 - 2030 |
7 South Africa Digital Payment Market, 2020 - 2030 |
7.1 South Africa Digital Payment Market, Revenues & Volume, By Component , 2020 - 2030 |
7.2 South Africa Digital Payment Market, Revenues & Volume, By Vertical , 2020 - 2030 |
7.3 South Africa Digital Payment Market, Revenues & Volume, By Deployment Mode, 2020 - 2030 |
7.4 South Africa Digital Payment Market, Revenues & Volume, By Organization Size, 2020 - 2030 |
8 Nigeria Digital Payment Market, 2020 - 2030 |
8.1 Nigeria Digital Payment Market, Revenues & Volume, By Component , 2020 - 2030 |
8.2 Nigeria Digital Payment Market, Revenues & Volume, By Vertical , 2020 - 2030 |
8.3 Nigeria Digital Payment Market, Revenues & Volume, By Deployment Mode, 2020 - 2030 |
8.4 Nigeria Digital Payment Market, Revenues & Volume, By Organization Size, 2020 - 2030 |
9 Kenya Digital Payment Market, 2020 - 2030 |
9.1 Kenya Digital Payment Market, Revenues & Volume, By Component , 2020 - 2030 |
9.2 Kenya Digital Payment Market, Revenues & Volume, By Vertical , 2020 - 2030 |
9.3 Kenya Digital Payment Market, Revenues & Volume, By Deployment Mode, 2020 - 2030 |
9.4 Kenya Digital Payment Market, Revenues & Volume, By Organization Size, 2020 - 2030 |
10 Rest of Africa Digital Payment Market, 2020 - 2030 |
10.1 Rest of Africa Digital Payment Market, Revenues & Volume, By Component , 2020 - 2030 |
10.2 Rest of Africa Digital Payment Market, Revenues & Volume, By Vertical , 2020 - 2030 |
10.3 Rest of Africa Digital Payment Market, Revenues & Volume, By Deployment Mode, 2020 - 2030 |
10.4 Rest of Africa Digital Payment Market, Revenues & Volume, By Organization Size, 2020 - 2030 |
11 Africa Digital Payment Market Key Performance Indicators |
12 Africa Digital Payment Market - Opportunity Assessment |
12.1 Africa Digital Payment Market Opportunity Assessment, By Countries, 2020 & 2030F |
12.2 Africa Digital Payment Market Opportunity Assessment, By Component , 2020 & 2030F |
12.3 Africa Digital Payment Market Opportunity Assessment, By Vertical , 2020 & 2030F |
12.4 Africa Digital Payment Market Opportunity Assessment, By Deployment Mode, 2020 & 2030F |
12.5 Africa Digital Payment Market Opportunity Assessment, By Organization Size, 2020 & 2030F |
13 Africa Digital Payment Market - Competitive Landscape |
13.1 Africa Digital Payment Market Revenue Share, By Companies, 2023 |
13.2 Africa Digital Payment Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |