Report Detail

Service & Software Global Faster Payments Service (FPS) Market Growth (Status and Outlook) 2023-2029

  • RnM4501007
  • |
  • 10 January, 2023
  • |
  • Global
  • |
  • 124 Pages
  • |
  • LPI(LP Information)
  • |
  • Service & Software

The Faster Payments Service (FPS) is a United Kingdom banking initiative to reduce payment times between different banks' customer accounts to typically a few seconds, from the three working days that transfers usually take using the long-established BACS system.

Newest research report, the “Faster Payments Service (FPS) Industry Forecast” looks at past sales and reviews total world Faster Payments Service (FPS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Faster Payments Service (FPS) sales for 2023 through 2029. With Faster Payments Service (FPS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Faster Payments Service (FPS) industry.

This Insight Report provides a comprehensive analysis of the global Faster Payments Service (FPS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Faster Payments Service (FPS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Faster Payments Service (FPS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Faster Payments Service (FPS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Faster Payments Service (FPS).

The global Faster Payments Service (FPS) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Faster Payments Service (FPS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Faster Payments Service (FPS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Faster Payments Service (FPS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Faster Payments Service (FPS) players cover ACI Worldwide, FIS, Fiserv, IBM, Wirecard, Mastercard, Temenos, Global Payments and Capgemini, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Faster Payments Service (FPS) market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
Single Instant Payment
Forward Payments
Domestic P2P Payments
Cross-border P2P Payments
P2M Payments
B2B Payments
B2C/G2P Payments

Segmentation by application
Retail and E-Commerce
BFSI
IT and Telecommunications
Travel and Tourism
Healthcare
Government
Energy and Utilities
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ACI Worldwide
FIS
Fiserv
IBM
Wirecard
Mastercard
Temenos
Global Payments
Capgemini
Icon Solutions
M & A Ventures, LLC
Payrix
Nexi Payments SpA
Obopay
Ripple
Finastra
Nets A/S
Financial Software and Systems (FSS)
Montran
Visa Inc


1 Scope of the Report

  • 1.1 Market Introduction
  • 1.2 Years Considered
  • 1.3 Research Objectives
  • 1.4 Market Research Methodology
  • 1.5 Research Process and Data Source
  • 1.6 Economic Indicators
  • 1.7 Currency Considered
  • 1.8 Market Estimation Caveats

2 Executive Summary

  • 2.1 World Market Overview
    • 2.1.1 Global Faster Payments Service (FPS) Market Size 2018-2029
    • 2.1.2 Faster Payments Service (FPS) Market Size CAGR by Region 2018 VS 2022 VS 2029
  • 2.2 Faster Payments Service (FPS) Segment by Type
    • 2.2.1 Single Instant Payment
    • 2.2.2 Forward Payments
    • 2.2.3 Domestic P2P Payments
    • 2.2.4 Cross-border P2P Payments
    • 2.2.5 P2M Payments
    • 2.2.6 B2B Payments
    • 2.2.7 B2C/G2P Payments
  • 2.3 Faster Payments Service (FPS) Market Size by Type
    • 2.3.1 Faster Payments Service (FPS) Market Size CAGR by Type (2018 VS 2022 VS 2029)
    • 2.3.2 Global Faster Payments Service (FPS) Market Size Market Share by Type (2018-2023)
  • 2.4 Faster Payments Service (FPS) Segment by Application
    • 2.4.1 Retail and E-Commerce
    • 2.4.2 BFSI
    • 2.4.3 IT and Telecommunications
    • 2.4.4 Travel and Tourism
    • 2.4.5 Healthcare
    • 2.4.6 Government
    • 2.4.7 Energy and Utilities
    • 2.4.8 Others
  • 2.5 Faster Payments Service (FPS) Market Size by Application
    • 2.5.1 Faster Payments Service (FPS) Market Size CAGR by Application (2018 VS 2022 VS 2029)
    • 2.5.2 Global Faster Payments Service (FPS) Market Size Market Share by Application (2018-2023)

3 Faster Payments Service (FPS) Market Size by Player

  • 3.1 Faster Payments Service (FPS) Market Size Market Share by Players
    • 3.1.1 Global Faster Payments Service (FPS) Revenue by Players (2018-2023)
    • 3.1.2 Global Faster Payments Service (FPS) Revenue Market Share by Players (2018-2023)
  • 3.2 Global Faster Payments Service (FPS) Key Players Head office and Products Offered
  • 3.3 Market Concentration Rate Analysis
    • 3.3.1 Competition Landscape Analysis
    • 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
  • 3.4 New Products and Potential Entrants
  • 3.5 Mergers & Acquisitions, Expansion

4 Faster Payments Service (FPS) by Regions

  • 4.1 Faster Payments Service (FPS) Market Size by Regions (2018-2023)
  • 4.2 Americas Faster Payments Service (FPS) Market Size Growth (2018-2023)
  • 4.3 APAC Faster Payments Service (FPS) Market Size Growth (2018-2023)
  • 4.4 Europe Faster Payments Service (FPS) Market Size Growth (2018-2023)
  • 4.5 Middle East & Africa Faster Payments Service (FPS) Market Size Growth (2018-2023)

5 Americas

  • 5.1 Americas Faster Payments Service (FPS) Market Size by Country (2018-2023)
  • 5.2 Americas Faster Payments Service (FPS) Market Size by Type (2018-2023)
  • 5.3 Americas Faster Payments Service (FPS) Market Size by Application (2018-2023)
  • 5.4 United States
  • 5.5 Canada
  • 5.6 Mexico
  • 5.7 Brazil

6 APAC

  • 6.1 APAC Faster Payments Service (FPS) Market Size by Region (2018-2023)
  • 6.2 APAC Faster Payments Service (FPS) Market Size by Type (2018-2023)
  • 6.3 APAC Faster Payments Service (FPS) Market Size by Application (2018-2023)
  • 6.4 China
  • 6.5 Japan
  • 6.6 Korea
  • 6.7 Southeast Asia
  • 6.8 India
  • 6.9 Australia

7 Europe

  • 7.1 Europe Faster Payments Service (FPS) by Country (2018-2023)
  • 7.2 Europe Faster Payments Service (FPS) Market Size by Type (2018-2023)
  • 7.3 Europe Faster Payments Service (FPS) Market Size by Application (2018-2023)
  • 7.4 Germany
  • 7.5 France
  • 7.6 UK
  • 7.7 Italy
  • 7.8 Russia

8 Middle East & Africa

  • 8.1 Middle East & Africa Faster Payments Service (FPS) by Region (2018-2023)
  • 8.2 Middle East & Africa Faster Payments Service (FPS) Market Size by Type (2018-2023)
  • 8.3 Middle East & Africa Faster Payments Service (FPS) Market Size by Application (2018-2023)
  • 8.4 Egypt
  • 8.5 South Africa
  • 8.6 Israel
  • 8.7 Turkey
  • 8.8 GCC Countries

9 Market Drivers, Challenges and Trends

  • 9.1 Market Drivers & Growth Opportunities
  • 9.2 Market Challenges & Risks
  • 9.3 Industry Trends

10 Global Faster Payments Service (FPS) Market Forecast

  • 10.1 Global Faster Payments Service (FPS) Forecast by Regions (2024-2029)
    • 10.1.1 Global Faster Payments Service (FPS) Forecast by Regions (2024-2029)
    • 10.1.2 Americas Faster Payments Service (FPS) Forecast
    • 10.1.3 APAC Faster Payments Service (FPS) Forecast
    • 10.1.4 Europe Faster Payments Service (FPS) Forecast
    • 10.1.5 Middle East & Africa Faster Payments Service (FPS) Forecast
  • 10.2 Americas Faster Payments Service (FPS) Forecast by Country (2024-2029)
    • 10.2.1 United States Faster Payments Service (FPS) Market Forecast
    • 10.2.2 Canada Faster Payments Service (FPS) Market Forecast
    • 10.2.3 Mexico Faster Payments Service (FPS) Market Forecast
    • 10.2.4 Brazil Faster Payments Service (FPS) Market Forecast
  • 10.3 APAC Faster Payments Service (FPS) Forecast by Region (2024-2029)
    • 10.3.1 China Faster Payments Service (FPS) Market Forecast
    • 10.3.2 Japan Faster Payments Service (FPS) Market Forecast
    • 10.3.3 Korea Faster Payments Service (FPS) Market Forecast
    • 10.3.4 Southeast Asia Faster Payments Service (FPS) Market Forecast
    • 10.3.5 India Faster Payments Service (FPS) Market Forecast
    • 10.3.6 Australia Faster Payments Service (FPS) Market Forecast
  • 10.4 Europe Faster Payments Service (FPS) Forecast by Country (2024-2029)
    • 10.4.1 Germany Faster Payments Service (FPS) Market Forecast
    • 10.4.2 France Faster Payments Service (FPS) Market Forecast
    • 10.4.3 UK Faster Payments Service (FPS) Market Forecast
    • 10.4.4 Italy Faster Payments Service (FPS) Market Forecast
    • 10.4.5 Russia Faster Payments Service (FPS) Market Forecast
  • 10.5 Middle East & Africa Faster Payments Service (FPS) Forecast by Region (2024-2029)
    • 10.5.1 Egypt Faster Payments Service (FPS) Market Forecast
    • 10.5.2 South Africa Faster Payments Service (FPS) Market Forecast
    • 10.5.3 Israel Faster Payments Service (FPS) Market Forecast
    • 10.5.4 Turkey Faster Payments Service (FPS) Market Forecast
    • 10.5.5 GCC Countries Faster Payments Service (FPS) Market Forecast
  • 10.6 Global Faster Payments Service (FPS) Forecast by Type (2024-2029)
  • 10.7 Global Faster Payments Service (FPS) Forecast by Application (2024-2029)

11 Key Players Analysis

  • 11.1 ACI Worldwide
    • 11.1.1 ACI Worldwide Company Information
    • 11.1.2 ACI Worldwide Faster Payments Service (FPS) Product Offered
    • 11.1.3 ACI Worldwide Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.1.4 ACI Worldwide Main Business Overview
    • 11.1.5 ACI Worldwide Latest Developments
  • 11.2 FIS
    • 11.2.1 FIS Company Information
    • 11.2.2 FIS Faster Payments Service (FPS) Product Offered
    • 11.2.3 FIS Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.2.4 FIS Main Business Overview
    • 11.2.5 FIS Latest Developments
  • 11.3 Fiserv
    • 11.3.1 Fiserv Company Information
    • 11.3.2 Fiserv Faster Payments Service (FPS) Product Offered
    • 11.3.3 Fiserv Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.3.4 Fiserv Main Business Overview
    • 11.3.5 Fiserv Latest Developments
  • 11.4 IBM
    • 11.4.1 IBM Company Information
    • 11.4.2 IBM Faster Payments Service (FPS) Product Offered
    • 11.4.3 IBM Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.4.4 IBM Main Business Overview
    • 11.4.5 IBM Latest Developments
  • 11.5 Wirecard
    • 11.5.1 Wirecard Company Information
    • 11.5.2 Wirecard Faster Payments Service (FPS) Product Offered
    • 11.5.3 Wirecard Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.5.4 Wirecard Main Business Overview
    • 11.5.5 Wirecard Latest Developments
  • 11.6 Mastercard
    • 11.6.1 Mastercard Company Information
    • 11.6.2 Mastercard Faster Payments Service (FPS) Product Offered
    • 11.6.3 Mastercard Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.6.4 Mastercard Main Business Overview
    • 11.6.5 Mastercard Latest Developments
  • 11.7 Temenos
    • 11.7.1 Temenos Company Information
    • 11.7.2 Temenos Faster Payments Service (FPS) Product Offered
    • 11.7.3 Temenos Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.7.4 Temenos Main Business Overview
    • 11.7.5 Temenos Latest Developments
  • 11.8 Global Payments
    • 11.8.1 Global Payments Company Information
    • 11.8.2 Global Payments Faster Payments Service (FPS) Product Offered
    • 11.8.3 Global Payments Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.8.4 Global Payments Main Business Overview
    • 11.8.5 Global Payments Latest Developments
  • 11.9 Capgemini
    • 11.9.1 Capgemini Company Information
    • 11.9.2 Capgemini Faster Payments Service (FPS) Product Offered
    • 11.9.3 Capgemini Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.9.4 Capgemini Main Business Overview
    • 11.9.5 Capgemini Latest Developments
  • 11.10 Icon Solutions
    • 11.10.1 Icon Solutions Company Information
    • 11.10.2 Icon Solutions Faster Payments Service (FPS) Product Offered
    • 11.10.3 Icon Solutions Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.10.4 Icon Solutions Main Business Overview
    • 11.10.5 Icon Solutions Latest Developments
  • 11.11 M & A Ventures, LLC
    • 11.11.1 M & A Ventures, LLC Company Information
    • 11.11.2 M & A Ventures, LLC Faster Payments Service (FPS) Product Offered
    • 11.11.3 M & A Ventures, LLC Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.11.4 M & A Ventures, LLC Main Business Overview
    • 11.11.5 M & A Ventures, LLC Latest Developments
  • 11.12 Payrix
    • 11.12.1 Payrix Company Information
    • 11.12.2 Payrix Faster Payments Service (FPS) Product Offered
    • 11.12.3 Payrix Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.12.4 Payrix Main Business Overview
    • 11.12.5 Payrix Latest Developments
  • 11.13 Nexi Payments SpA
    • 11.13.1 Nexi Payments SpA Company Information
    • 11.13.2 Nexi Payments SpA Faster Payments Service (FPS) Product Offered
    • 11.13.3 Nexi Payments SpA Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.13.4 Nexi Payments SpA Main Business Overview
    • 11.13.5 Nexi Payments SpA Latest Developments
  • 11.14 Obopay
    • 11.14.1 Obopay Company Information
    • 11.14.2 Obopay Faster Payments Service (FPS) Product Offered
    • 11.14.3 Obopay Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.14.4 Obopay Main Business Overview
    • 11.14.5 Obopay Latest Developments
  • 11.15 Ripple
    • 11.15.1 Ripple Company Information
    • 11.15.2 Ripple Faster Payments Service (FPS) Product Offered
    • 11.15.3 Ripple Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.15.4 Ripple Main Business Overview
    • 11.15.5 Ripple Latest Developments
  • 11.16 Finastra
    • 11.16.1 Finastra Company Information
    • 11.16.2 Finastra Faster Payments Service (FPS) Product Offered
    • 11.16.3 Finastra Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.16.4 Finastra Main Business Overview
    • 11.16.5 Finastra Latest Developments
  • 11.17 Nets A/S
    • 11.17.1 Nets A/S Company Information
    • 11.17.2 Nets A/S Faster Payments Service (FPS) Product Offered
    • 11.17.3 Nets A/S Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.17.4 Nets A/S Main Business Overview
    • 11.17.5 Nets A/S Latest Developments
  • 11.18 Financial Software and Systems (FSS)
    • 11.18.1 Financial Software and Systems (FSS) Company Information
    • 11.18.2 Financial Software and Systems (FSS) Faster Payments Service (FPS) Product Offered
    • 11.18.3 Financial Software and Systems (FSS) Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.18.4 Financial Software and Systems (FSS) Main Business Overview
    • 11.18.5 Financial Software and Systems (FSS) Latest Developments
  • 11.19 Montran
    • 11.19.1 Montran Company Information
    • 11.19.2 Montran Faster Payments Service (FPS) Product Offered
    • 11.19.3 Montran Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.19.4 Montran Main Business Overview
    • 11.19.5 Montran Latest Developments
  • 11.20 Visa Inc
    • 11.20.1 Visa Inc Company Information
    • 11.20.2 Visa Inc Faster Payments Service (FPS) Product Offered
    • 11.20.3 Visa Inc Faster Payments Service (FPS) Revenue, Gross Margin and Market Share (2018-2023)
    • 11.20.4 Visa Inc Main Business Overview
    • 11.20.5 Visa Inc Latest Developments

12 Research Findings and Conclusion

Summary:
Get latest Market Research Reports on Faster Payments Service (FPS) . Industry analysis & Market Report on Faster Payments Service (FPS) is a syndicated market report, published as Global Faster Payments Service (FPS) Market Growth (Status and Outlook) 2023-2029. It is complete Research Study and Industry Analysis of Faster Payments Service (FPS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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