India Real Time Payment Market, By Type (24*7*365 and Bank Operating hours), By Certification (ISO Certified and Non-ISO Certified), By End User (Government and Banks), By Company and By Geography, Forecast & Opportunities, 2022
India Real Time Payment Market is projected to witness robust growth by 2024, owing to increasing online payments and digital transactions in the country. Growing consumer preference of digital payments that are fast, secure and reliable as compared to other modes of payment are expected to drive the growth of the Real Time Payment market in India during the forecast period. Moreover, if value and volume in terms of transactions is calculated, the market will be huge. Instead of lining up at a bank or nearby payment offices, customers can make payments from anyplace sitting anywhere in the world, 24/7/365, which is likely to have a positive effect on the growth of market in coming years.
Additionally, shift towards instant fund transfer and ease of reconciliation offered by banks for digital transaction is further anticipated to propel the growth of Real Time Payments in India. This is further backed by increasing number of smartphones and demand for such platform from merchants is anticipated to drive the growth of the market in the next five years. Moreover, with advancing mode of digital payment like Near-Field Communication (NFC Based Payments) & Wearables device-based payments coupled with support from FinTech companies will ensure robust growth of the market during the forecast period.
Years considered for this report:
Historical Year : 2014-2017
Base Year : 2018
Estimated : 2019
Forecast : 2020-2024
Objective of the Study:
To analyse and forecast the market size of Real Time Payment, in terms of value and volume (Transaction).
To classify and forecast India Real Time Payment based on type, certification, end-user and regional distribution.
To identify drivers and challenges for India Real Time Payment.
To examine competitive developments such as expansions, new product/service launches, mergers & acquisitions, etc., in India Real Time Payment.
To identify and analyse the profile of leading players involved in the of India Real Time Payment system.
Some of the leading players in the India Real Time Payment Market are ACI Worldwide, Capgemini India, NEC Technologies India Private Limited, The Clearing House Payments Company, Montran corporation (India) Ltd, among others.
They performed both primary as well as exhaustive secondary research for this study. Initially, They sourced a list of solution providers across India. Subsequently, They conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, They could include the Solution Providers which could not be identified due to the limitations of secondary research. They analysed the service offerings, distribution channels and presence of all major collaboration Solution Providers across the country.
They calculated the market size of India Real Time Payment using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports
Key Target Audience:
Payment security solution and service providers
Financial Service Companies
Research organizations and consulting companies.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, India Real Time Payment Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Type:
Bank Operating hours
Market, By Certification:
Market, By End-User:
(Banks & Government)
Market, by Region:
Company Profiles: Detailed analysis of the major companies present in Real Time Payment Market.
With the given market data, They offers customizations according the company’s specific needs. The following customization options are available for the report:
Detailed analysis and profiling of additional market players (up to five).
1. Real Time Payment: An Introduction & Classification
2. Research Methodology
3. Executive Summary
4. Voice of Customers/Customer Insights
4.1. Awareness Levels of the Concept
4.2. End User Expectations
4.3. Challenges Faced & Unmet Needs
4.4. Infrastructure Need-Gap Analysis
5. India Real Time Payment Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume (Transaction)
5.2. Market Share & Forecast
5.2.1. By Type (24*7*365 and Bank Operating hours)
5.2.2. By Certification (ISO Certified and Non-ISO Certified)
5.2.3. By End User (Government and Banks)
5.2.4. By Region
5.3. Competition Scenario (Technology Providers positioning – Magic Quadrant)
5.4. Market Attractiveness Index
6. India 24*7*365 Payment Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume (Transaction)
6.2. Market Share & Forecast
6.2.1. By Certification
6.2.2. By End User
6.2.3. By Region
6.3. Market Attractiveness Index
7. India Bank Operating hours Payment Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Certification
7.2.2. By End User
7.2.3. By Region
7.3. Market Attractiveness Index
8. India Impact of Mobile Wallet Companies on Real Time Payment
9. Real Time Payment & FinTech/Financial Service Companies: Support Analysis
10. Market Dynamics
11. Market Trends & Developments
12. India Economic Profile
13. Government Initiatives
14. Policy & Regulatory (Government Interventions; Initiatives; Support Measures and Other Current and Projected Regulatory Aspects, if any)
15. Competitive Landscape
16. Strategic Recommendations
India Cleaning Robots Market, By Type (Personal Cleaning Robot and Professional Cleaning Robot), By Product Type (Floor-Cleaning Robot, Pool-Cleaning Robot, Lawn-Cleaning Robot, Window-Cleaning Robot and Others), By Application (Residential, Commercial and Industrial), By Region, Competition, Forecast & Opportunities, 2025
India Cleaning Robots Market, By Type (Personal Cleaning Robot and Professional Cleaning Robot), By Product Type (Floor-Cleaning Robot, Pool-Cleaning Robot, Lawn-Cleaning Robot, Window-Cleaning Robot and Others), By Application (Residential, Commercial and Industrial), By Region, Competition, Forecast & Opportunities, 2025 market research report available in single user pdf license with Aarkstore Enterprise at USD 2950View Report
India Fiber Optic Components Market, By Type (Fiber Optic Cables, Fiber Optic Splitters, Fiber Optic Transceivers, Fiber Optic Amplifiers, Fiber Optic Circulators, Fiber Optic Connectors & Others), By Data Rate (10G, 40G, 100G and Above 100G), By Application (Distributed Sensing, Analytical and Medical Equipment, Lighting, Communications & Others), By Region, Competition, Forecast & Opportunities, 2025
India Fiber Optic Components Market, By Type (Fiber Optic Cables, Fiber Optic Splitters, Fiber Optic Transceivers, Fiber Optic Amplifiers, Fiber Optic Circulators, Fiber Optic Connectors & Others), By Data Rate (10G, 40G, 100G and Above 100G), By Application (Distributed Sensing, Analytical and Medical Equipment, Lighting, Communications & Others), By Region, Competition, Forecast & Opportunities, 2025 market research report available in single user pdf license with Aarkstore Enterprise at USD 2950View Report
Real Time Location Services: Technologies and Global Markets market research report available in single user pdf license with Aarkstore Enterprise at USD 5500View Report
North America Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Report (2014-2024) - Market Size, Share, Price, Trend and Forecast
Abstract:The North America Location-Based Services (LBS) and Real Time Location Systems (RTLS) market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it isView Report
Fill The Form For Sample Request