Payment Gateways Market Report 2025 (Global Edition)

Global Payment Gateways Market Report 2025 Market Size Split by Type (Hosted, Non-hosted), by Enterprise (Large Enterprises, Small & Medium Enterprises), by Vertical (BFSI, Retail & eCommerce, Telecom...

Payment Gateways Market Report Description

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Imapct of Trumph Tariff on Electronics and Electrical Industry

In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.

Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.

China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.

Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.

Payment Gateways Market Insights Video

Competitive Landscape of the Payment Gateways Market

The aggressive panorama of the fee gateways market is dynamic and fragmented, featuring a mix of hooked-up gamers and rising startups. Major companies like PayPal, Stripe, and Square dominate with their comprehensive answers and worldwide attain. Meanwhile, niche companies and nearby gamers provide specialized offerings tailor-made to specific markets or industries. Innovation is key, with advancements in protection, cellular integration, and user enjoy using competition. Companies also are differentiating themselves thru partnerships, technology enhancements, and increased fee alternatives.

November 2022: BlueSnap, the payment orchestration platform used by top B2B and B2C companies, has extended its collaboration with objectsource, a prominent eCommerce consultancy, to help European online retailers improve their Magento integration for the changing EU market. Source: https://www.bluesnap.com/press-media/bluesnap-partners-with-objectsource-to-enhance-magento-integration-for-evolving-eu-market/) August 2022: With an emphasis on the e-commerce, retail, travel, cryptocurrency, and financial services sectors, British payments company Paysafe partnered with Spreedly, a payments orchestration platform, to assist merchants with their international payments across the UK and Europe. Transactions could be made through Paysafe's payment gateway. Source: https://www.paysafe.com/en/paysafegroup/news/paysafe-joins-spreedlys-partnership-program-for-international-merchant-payments/) May 2021: Stripe and GrabPay, a company that offers payment solutions to businesses, have announced a partnership that will enable Malaysian and Singaporean companies to provide customers with an online payment method that is more rewarding and convenient by using GrabPay's e-wallet. As part of the collaboration, GrabPay integrated Stripe Checkout and APIs to enable merchants to accept payments in Singapore Dollar and Malaysian Ringgit currencies. (Source: https://www.grab.com/sg/press/others/grabpay-and-stripe-partnership-to-help-merchants-tap-into-southeast-asias-e-commerce-growth/)

Top Companies Market Share in Payment Gateways Industry: (In no particular order of Rank)

• Adyen
• Amazon Payments Inc.
• Authorize.Net
• Bitpay
• Inc.
• Braintree
• PayPal Holdings
• Inc.
• PayU Group
• Stripe
• Verifone Holdings
• Inc.
• Wepay
• Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Payment Gateways Market

Which Region Dominates the Payment Gateways Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue The North American charge gateway marketplace is expanding unexpectedly, driven by the aid of growing e-trade sports and customer preference for digital bills. High adoption charges of cell and online purchasing are fueling demand for secure, green fee answers. Major players and innovative startups are continuously enhancing their services to cater to the vicinity's growing and evolving fee desires.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Payment Gateways market. The Asia pacific charge gateway marketplace is experiencing an increase, spurred by a rise in e-trade and virtual charge adoption. Consumers' desire for steady, seamless transactions is driving demand for advanced payment solutions. The marketplace is marked by a sturdy presence of both mounted providers and innovative startups that specialize in compliance with nearby policies and enhancing user enjoyment.

The current report Scope analyzes Payment Gateways Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Payment Gateways Market Analysis

According to Cognitive Market Research, the global Payment Gateways market size was estimated at USD 2561.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1027.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Payment Gateways market with a market size of USD 808.31 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The nation's e-commerce growth.
• The Canada Payment Gateways market had a market share of USD 122.94 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's digital payments adoption.
• The Mexico Payment Gateways market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 93.23 million in 2024.

Europe Payment Gateways Market Analysis

According to Cognitive Market Research, the global Payment Gateways market size was estimated at USD 2561.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 768.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• The United Kingdom Payment Gateways market had a market share of USD 129.08 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Payment Gateways sales witness an upswing due to the smartphone penetration.
• The France Payment Gateways market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 70.69 million in 2024.
• According to Cognitive Market Research, the German Payment Gateways market size was valued at USD 152.14 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, Payment Gateways surged due to the secure transactions demand.
• The Italy Payment Gateways market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 66.08 million in 2024.
• The Russia Payment Gateways market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 119.10 million in 2024.
• The Spain Payment Gateways market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 63.01 million in 2024
• The Luxembourg Payment Gateways market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 23.82 million in 2024.
• The Portugal Payment Gateways market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 16.14 million in 2024.
• The Greece Payment Gateways market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 9.22 million in 2024.
• Rest of Europe's Payment Gateways market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 119.10 million in 2024.

Asia Pacific Payment Gateways Market Analysis

According to Cognitive Market Research, the global Payment Gateways market size was estimated at USD 2561.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 589.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.00% from 2024 to 2031.

• According to Cognitive Market Research, the China Payment Gateways market size was valued at USD 265.08 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Payment Gateways surged in China due to the regulatory support.
• The Japan Payment Gateways market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 81.29 million in 2024.
• The India Payment Gateways market had a market share of USD 70.69 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. India's contactless payments.
• The South Korean Payment Gateways market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 58.91 million in 2024.
• The Australian Payment Gateways market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 30.63 million in 2024.
• The South East Asia Payment Gateways market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 40.65 million in 2024.
• The Rest of Asia Pacific Payment Gateways market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 41.82 million in 2024.

South America Payment Gateways Market Analysis

According to Cognitive Market Research, the global Payment Gateways market size was estimated at USD 2561.2 Million, out of which the Latin America market has more than 5% share of the global revenue with a market size of USD 128.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Payment Gateways market size was valued at USD 54.81 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Payment Gatewayss flourished in Brazil due to the cross-border trade.
• Argentina's Payment Gateways market had a market share of USD 21.51 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. Argentina's fintech innovation.
• Colombia Payment Gateways market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 11.40 million in 2024.
• Peru Payment Gateways market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 10.50 million in 2024.
• Chile Payment Gateways market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 9.22 million in 2024.
• The Rest of Latin America's Payment Gateways market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 20.62 million in 2024.

Middle East Payment Gateways Market Analysis

According to Cognitive Market Research, the global Payment Gateways market size was estimated at USD 2561.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 51.22 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.

• The GCC Countries Payment Gateways market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 21.92 million in 2024. Payment Gateways sales flourish due to the consumer convenience.
• The Egypt Payment Gateways market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 5.38 million in 2024.
• The South Africa Payment Gateways market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 8.09 million in 2024. Payment Gateways sales flourish in South Africa due to increased online shopping.
• The Turkey Payment Gateways market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 4.41 million in 2024.
• The Nigeria Payment Gateways market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 5.38 million in 2024.
• The Rest of MEA Payment Gateways market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 6.04 million in 2024.

Payment Gateways Market Analysis

Payment Gateways Market Type Segment Analysis

According to Cognitive Market Research, Hosted stands out as the dominant category over the projected period. Hosted charge gateways are gaining traction inside the marketplace because of their ease of integration and more desirable safety functions. By redirecting customers to a secure, third-birthday party web page for price processing, these answers reduce the service provider's PCI compliance burden. Their scalability and person-friendly enjoyment are increasing, making them a famous desire for organizations trying to streamline transactions and decorate security..

Non-hosted emerges as the fastest-growing category in the Payment Gateways market. Non-hosted price gateways are increasing inside the market as they offer seamless integration directly at the service provider's website, offering a greater cohesive consumer revel. These solutions permit traders to maintain complete management over the price manner and user interface, improving customization and purchaser engagement. Their developing adoption is driven through the choice for a greater included and branded price revel in.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Payment Gateways Industry. Request a Free Sample PDF!

Payment Gateways Market Enterprise Segment Analysis

According to Cognitive Market Research, the dominant category is Large Enterprises. The payment gateway marketplace is seeing growth amongst big organizations due to their want for robust, scalable answers that cope with high transaction volumes securely. Large agencies call for superior capabilities inclusive of multi-foreign money support, fraud detection, and complete reporting. Their investments in custom-designed, high-performance fee structures are driving innovation and growth in the charge gateway region.

The fastest-growing category in the Payment Gateways market is Small & Medium Enterprises. Small and medium firms (SMEs) are increasingly adopting fee gateways to decorate their online presence and streamline transactions. These companies are looking for price-powerful, person-pleasant solutions that offer secure processing and integration with e-commerce platforms. The boom in SMEs and the usage of price gateways is driven by the aid of the want for efficient payment solutions and the expansion of digital and mobile commerce.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Payment Gateways Vertical Segment Analysis

Payment Gateways Market Vertical Segment Analysis

According to Cognitive Market Research, the dominant category is BFSI. The BFSI (Banking, Financial Services, and Insurance) area is driving a boom within the charge gateways marketplace due to its need for steady, dependable transaction processing. Financial institutions and coverage agencies require superior fee answers to deal with massive volumes, ensure compliance, and save you from fraud. Innovations in fee gateways are catering to the arena's demand for more desirable protection and performance.

The fastest-growing category in the Payment Gateways market is Retail & eCommerce. The retail and e-commerce sectors are substantially using a boom in the payment gateway marketplace. The surge in online purchasing and digital transactions has heightened the demand for efficient, steady fee answers. Retailers and e-trade groups are looking for gateways that provide seamless integration, fraud safety, and multi-price approach help, fueling marketplace growth and technological improvements.

• BFSI
• Retail & eCommerce
• Telecom
• Healthcare
• Media and Entertainment
• Travel and Hospitality
• IT & Ites
• Other

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion