The Europe Payment Analytics Software Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
Transaction data is incredibly valuable, although it can be difficult to collect and analyze, particularly if companies work with many PSPs and receive separate data reports from each. Several market players give customers a single reporting source, allowing users to swiftly extract insights from data and apply them to their business choices. In general, transaction analytics aid in the optimization of payment processes and the reduction of internal expenses by focusing on customer requirements and developing more cost-effective methods to suit those demands. Rather than making selections based on gut instinct, transaction analytics might reveal inefficient regions that require to be improved or areas that need less expenditure.
Because security is a major concern for any firm which accepts payments, more money is being invested in this area. Each business would desire to safeguard its consumers and the company itself against online fraud from an ethical standpoint. Furthermore, firms must adhere to stringent rules, such as the PSD2 legislation.
A significant proportion of German import transactions, particularly those engaging large German wholesalers, are conducted under seller-buyer terms, like the standard 30/60/90-day accounts or payment against documents. Electronic funds transfer (EFT, also known as SWIFT or wire transfers) is the most common payment method used by German importers to pay their American suppliers, and it is also the quickest and most inexpensive. Online transfers are now quite secure and transparent due to current technology.
The letter of credit has been used in certain industries, but it only accounts for a small percentage of total imports, owing to its high cost and time constraints, as well as the simplicity with which credit ratings may be obtained in Germany, increasing transparency and transactional safety. In Germany, L/Cs for payments under USD 5,000 are nearly unheard of. Germany has the second-largest FinTech market in Europe and the fourth-largest in the world. On average, the FinTech sector increased dramatically between 2015 and 2019. With over 64 percent of digital end users utilizing FinTech services in 2019, Germany's FinTech adoption rate equaled that of the rest of the world 2019.
These results put Germany ahead of the global and European averages, putting it Europe's second-most attractive FinTech market after the United Kingdom. Owing to these huge amounts of payment transactions and the high adoption rate of payment solutions by companies, the growth of regional payment analytics software would expand in the coming years.
The Germany market dominated the Europe Payment Analytics Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $259.3 million by 2028. The UK market is estimated to grow at a CAGR of 3.2% during (2022 - 2028). Additionally, The France market would witness a CAGR of 4.8% during (2022 - 2028).
Based on Type the market is segmented into Web Based and Cloud Based. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Payment Analytics Software Market will Hit $3.9 Billion by 2028, at a CAGR of 4.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adobe, Inc. (X.commerce), BlueSnap Corporate, Databox, Inc, Payfirma, Yapstone, HiPay, ProfitWell (Paddle), and CashNotify (Baguette Engineering).
Scope of the Study
Market Segments Covered in the Report:
By Type
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Adobe, Inc. (X.commerce)
- BlueSnap Corporate
- Databox, Inc.
- Payfirma
- Yapstone
- HiPay
- ProfitWell (Paddle)
- CashNotify (Baguette Engineering)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Payment Analytics Software Market, by Type
1.4.2 Europe Payment Analytics Software Market, by Enterprise Size
1.4.3 Europe Payment Analytics Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Payment Analytics Software Market by Type
3.1 Europe Web Based Market by Country
3.2 Europe Cloud Based Market by Country
Chapter 4. Europe Payment Analytics Software Market by Enterprise Size
4.1 Europe Large Enterprises Market by Country
4.2 Europe Small & Medium Enterprises Market by Country
Chapter 5. Europe Payment Analytics Software Market by Country
5.1 Germany Payment Analytics Software Market
5.1.1 Germany Payment Analytics Software Market by Type
5.1.2 Germany Payment Analytics Software Market by Enterprise Size
5.2 UK Payment Analytics Software Market
5.2.1 UK Payment Analytics Software Market by Type
5.2.2 UK Payment Analytics Software Market by Enterprise Size
5.3 France Payment Analytics Software Market
5.3.1 France Payment Analytics Software Market by Type
5.3.2 France Payment Analytics Software Market by Enterprise Size
5.4 Russia Payment Analytics Software Market
5.4.1 Russia Payment Analytics Software Market by Type
5.4.2 Russia Payment Analytics Software Market by Enterprise Size
5.5 Spain Payment Analytics Software Market
5.5.1 Spain Payment Analytics Software Market by Type
5.5.2 Spain Payment Analytics Software Market by Enterprise Size
5.6 Italy Payment Analytics Software Market
5.6.1 Italy Payment Analytics Software Market by Type
5.6.2 Italy Payment Analytics Software Market by Enterprise Size
5.7 Rest of Europe Payment Analytics Software Market
5.7.1 Rest of Europe Payment Analytics Software Market by Type
5.7.2 Rest of Europe Payment Analytics Software Market by Enterprise Size
Chapter 6. Company Profiles
6.1 Adobe, Inc. (X.commerce)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.2 BlueSnap Corporate
6.2.1 Company Overview
6.2.2 Recent Strategies and Developments:
6.2.2.1 Partnerships, Collaborations and Agreements:
6.2.2.2 Acquisitions and Mergers:
6.2.2.3 Product Launches and Product Expansions:
6.3 Databox, Inc.
6.3.1 Company Overview
6.4 Payfirma
6.4.1 Company Overview
6.5 Yapstone
6.5.1 Company Overview
6.6 HiPay
6.6.1 Company Overview
6.7 ProfitWell (Paddle)
6.7.1 Company Overview
6.8 CashNotify (Baguette Engineering)
6.8.1 Company Overview
TABLE 1 Europe Payment Analytics Software Market, 2018 - 2021, USD Million
TABLE 2 Europe Payment Analytics Software Market, 2022 - 2028, USD Million
TABLE 3 Europe Payment Analytics Software Market by Type, 2018 - 2021, USD Million
TABLE 4 Europe Payment Analytics Software Market by Type, 2022 - 2028, USD Million
TABLE 5 Europe Web Based Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Web Based Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Cloud Based Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Cloud Based Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Payment Analytics Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 10 Europe Payment Analytics Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 11 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Payment Analytics Software Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Payment Analytics Software Market by Country, 2022 - 2028, USD Million
TABLE 17 Germany Payment Analytics Software Market, 2018 - 2021, USD Million
TABLE 18 Germany Payment Analytics Software Market, 2022 - 2028, USD Million
TABLE 19 Germany Payment Analytics Software Market by Type, 2018 - 2021, USD Million
TABLE 20 Germany Payment Analytics Software Market by Type, 2022 - 2028, USD Million
TABLE 21 Germany Payment Analytics Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 22 Germany Payment Analytics Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 23 UK Payment Analytics Software Market, 2018 - 2021, USD Million
TABLE 24 UK Payment Analytics Software Market, 2022 - 2028, USD Million
TABLE 25 UK Payment Analytics Software Market by Type, 2018 - 2021, USD Million
TABLE 26 UK Payment Analytics Software Market by Type, 2022 - 2028, USD Million
TABLE 27 UK Payment Analytics Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 28 UK Payment Analytics Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 29 France Payment Analytics Software Market, 2018 - 2021, USD Million
TABLE 30 France Payment Analytics Software Market, 2022 - 2028, USD Million
TABLE 31 France Payment Analytics Software Market by Type, 2018 - 2021, USD Million
TABLE 32 France Payment Analytics Software Market by Type, 2022 - 2028, USD Million
TABLE 33 France Payment Analytics Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 34 France Payment Analytics Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 35 Russia Payment Analytics Software Market, 2018 - 2021, USD Million
TABLE 36 Russia Payment Analytics Software Market, 2022 - 2028, USD Million
TABLE 37 Russia Payment Analytics Software Market by Type, 2018 - 2021, USD Million
TABLE 38 Russia Payment Analytics Software Market by Type, 2022 - 2028, USD Million
TABLE 39 Russia Payment Analytics Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 40 Russia Payment Analytics Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 41 Spain Payment Analytics Software Market, 2018 - 2021, USD Million
TABLE 42 Spain Payment Analytics Software Market, 2022 - 2028, USD Million
TABLE 43 Spain Payment Analytics Software Market by Type, 2018 - 2021, USD Million
TABLE 44 Spain Payment Analytics Software Market by Type, 2022 - 2028, USD Million
TABLE 45 Spain Payment Analytics Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 46 Spain Payment Analytics Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 47 Italy Payment Analytics Software Market, 2018 - 2021, USD Million
TABLE 48 Italy Payment Analytics Software Market, 2022 - 2028, USD Million
TABLE 49 Italy Payment Analytics Software Market by Type, 2018 - 2021, USD Million
TABLE 50 Italy Payment Analytics Software Market by Type, 2022 - 2028, USD Million
TABLE 51 Italy Payment Analytics Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 52 Italy Payment Analytics Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 53 Rest of Europe Payment Analytics Software Market, 2018 - 2021, USD Million
TABLE 54 Rest of Europe Payment Analytics Software Market, 2022 - 2028, USD Million
TABLE 55 Rest of Europe Payment Analytics Software Market by Type, 2018 - 2021, USD Million
TABLE 56 Rest of Europe Payment Analytics Software Market by Type, 2022 - 2028, USD Million
TABLE 57 Rest of Europe Payment Analytics Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 58 Rest of Europe Payment Analytics Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 59 Key Information – Adobe, Inc.
TABLE 60 Key Information – BlueSnap Corporate
TABLE 61 Key Information – Databox, Inc.
TABLE 62 Key Information – Payfirma
TABLE 63 Key Information – Yapstone
TABLE 64 Key Information – HiPay
TABLE 65 Key Information – ProfitWell
TABLE 66 Key Information – CashNotify
List of Figures
FIG 1 Methodology for the research