Global Electronic Bill Presentment and Payment (EBPP) Markets, 2020-2027 - Strongly Founded on Next Generation Internet Economy
Friday, April 23, 2021
DUBLIN, April 15, 2021 /PRNewswire/ -- The "Electronic Bill Presentment and Payment (EBPP) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
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Global Electronic Bill Presentment and Payment (EBPP) Market to Reach 30.7 Number of Bills in Billion by 2027
Amid the COVID-19 crisis, the global market for Electronic Bill Presentment and Payment (EBPP) estimated at 18.2 Number of Bills in Billion in the year 2020, is projected to reach a revised size of 30.7 Number of Bills in Billion by 2027, growing at a CAGR of 7.8% over the period 2020-2027.
The U.S. Market is Estimated at 5.4 Number of Bills in Billion, While China is Forecast to Grow at 7.3% CAGR
The Electronic Bill Presentment and Payment (EBPP) market in the U.S. is estimated at 5.4 Number of Bills in Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 5.4 Number of Bills in Billion by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.3% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
-- Influencer Market Insights
-- World Market Trajectories
-- Impact of Covid-19 and a Looming Global Recession
-- Electronic Bill Presentment & Payment: Strongly Founded on Next
Generation Internet Economy
-- Recent Market Activity
-- Market Overview
-- Key Benefits of EBPP Driving Adoption Worldwide
-- EBPP Models
-- Market Outlook
2. FOCUS ON SELECT PLAYERS
-- ACI Worldwide (USA)
-- Bottomline Technologies, Inc. (USA)
-- Communications Data Group, Inc. (USA)
-- CSG Systems International, Inc. (USA)
-- CyberSource Corporation (USA)
-- ebpSource Limited (UK)
-- eBillingHub (USA)
-- Enterprise jBilling Software Ltd. (Canada)
-- Fiserv, Inc. (USA)
-- FIS (USA)
-- Jack Henry & Associates, Inc. (USA)
-- Jopari Solutions, Inc. (USA)
-- MasterCard (USA)
-- Pagero AB (Sweden)
-- PayPal, Inc. (USA)
-- SIX Payment Services Ltd. (Switzerland)
-- Sorriso Technologies, Inc. (USA)
-- Striata (USA)
3. MARKET TRENDS & DRIVERS
-- Noteworthy Market Trends, Drivers & Challenges
-- Outsourced EBPP Services Gain in Popularity
-- Political Focus on Exerting Strong Fiscal Controls to Curb Tax Evasion &
Fraud Drives the Emergence of Latin America as the World's Largest
Market for E-Billing
-- The Rise of Customer Self-Service Tilts EBPP Technologies into the Mass
Adoption Stage
-- Intuitive Design of Electronic Bills: Vital to the Success of Bill
Presentment
-- SMS Bill Presentment Soars in Popularity
-- ATMs Emerge as a Medium of Electronic Payment
-- SMBs: An Emerging & Lucrative Customer Cluster for EBPP
-- Improving Reconciling, Billing and Payment functions of Business through
EBPP
-- Mobile Platform Presents a Positive Outlook for Adoption of Electronic
Billing
-- Convergence of Billing with Customer Analytics Opens a New Window of
Opportunity
-- Launch of e-Bill Adoption Campaigns to Benefit Market Growth
-- The Significance of EBPP Platforms for Making Utility Payments
-- Growing Importance of Customer Experience Leads CSPs to Turn Towards
EBPP Solutions
-- Key Macro Forces Driving Market Growth
-- Global Efforts to Go Cashless Confers Policy Led Stability to the Growth
of Electronic Bill Presentment and Payment Solutions
-- Rapid Growth in eCommerce and mCommerce Spurs Consumer Appetite for
Electronic Payment
-- Rapid Mobile Broadband Penetration Provides the Platform for Future
Growth
-- Developments in Internet Security: A Prerequisite for Growth of
e-Billing & Payment Market
-- Increasing Use of Internet-Enabled Smartphones Encourages Bill Payment
through Mobile Phones
-- Developments in Mobile Wallet & Payment Apps to Richly Support Growth of
Electronic Payments
-- Growing Focus on Environmental Sustainability to Benefit EBPP
-- Challenges Impeding Wider Adoption of EBPP
-- Underdeveloped Internet Infrastructure in Developing Markets
-- Bandwidth Limitations Limit EBPP Potential
-- Inherent limitations of SMS System: A Cause of Concern
-- Lack of Common Standards
-- Key Considerations for Successful Implementation of EBPP
-- EBPP: Not a Complete Replacement for Paper
4. GLOBAL MARKET PERSPECTIVE
-- World Current & Future Analysis for Electronic Bill Presentment and
Payment (EBPP) by Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis of Annual
Sales in Number of Bills in Million for Years 2020 through 2027 and %
CAGR
-- World Historic Review for Electronic Bill Presentment and Payment (EBPP)
by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific
and Rest of World Markets - Independent Analysis of Annual Sales in
Number of Bills in Million for Years 2012 through 2019 and % CAGR
-- World 15-Year Perspective for Electronic Bill Presentment and Payment
(EBPP) by Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World
Markets for Years 2012, 2020 & 2027
III. GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
-- Total Companies Profiled: 78
For more information about this report visit https://www.researchandmarkets.com/r/7fpzzy
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Research and Markets
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