In-Depth GCC P2P Payment Market Analysis: Growth Trends, Size, and Demand from 2024 to 2030

09 Ene In-Depth GCC P2P Payment Market Analysis: Growth Trends, Size, and Demand from 2024 to 2030

Markntel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the GCC P2P Payment market. The research report on the GCC P2P Payment Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

The report further comprises, “GCC P2P Payment Market Research Report: Forecast (2024-2030)”,

The Market is estimated to grow at a CAGR of around 8.68% during the forecast period, i.e., 2024-30.

Download the PDF Sample Copy (Including FULL TOC, Graphs, and Tables) of this Report – https://www.marknteladvisors.com/query/request-sample/gcc-p2p-payment-market.html

GCC P2P Payment Market Challenge:

Rising Cyber Security Breaches Lowering the Adoption of Digital Payment Solutions – The GCC countries have seen a rise in money laundering & cybercrime activities, posing significant threats to their financial systems, national security, and economies. The growth of technology and social media has led to an increase in cybercrimes like blackmail, embezzlement, and hacking of bank accounts. Many cyberattacks target digital payment methods, which hinders their adoption, thus limiting the growth of the GCC P2P Payments Market.

Moreover, organizations in Saudi Arabia and the UAE were the main targets for cyber-attacks in the Gulf Corporation Council Countries between mid-2021 and mid-2022, according to Cybersecurity Firm Group-IB. Thus, the evolving nature of cybercrime and the sophistication of money laundering techniques are presenting challenges for market expansion.

GCC P2P Payment Market Analysis Based On Segment, Geography

The GCC P2P Payment market is segmented into significant segments based on:

By Transaction Mode

-Short Message Service (SMS)- Market Size & Forecast 2019-2030, (USD Million)

-Mobile Apps- Market Size & Forecast 2019-2030, (USD Million)

-Smartcard/NFC (Near field communication)- Market Size & Forecast 2019-2030, (USD Million)

-Others (Bank Transfers, Digital Wallets, etc.)- Market Size & Forecast 2019-2030, (USD Million)

By Location

-Remote Payment- Market Size & Forecast 2019-2030, (USD Million)

-Proximity Payment- Market Size & Forecast 2019-2030, (USD Million)

By End User

-Retail & E-Commerce- Market Size & Forecast 2019-2030, (USD Million)

-Travel & Hospitality- Market Size & Forecast 2019-2030, (USD Million)

-Transportation & Logistics- Market Size & Forecast 2019-2030, (USD Million)

-BFSI- Market Size & Forecast 2019-2030, (USD Million)

-Healthcare- Market Size & Forecast 2019-2030, (USD Million)

-Others (IT & Telecom, Media & Entertainment, etc.)- Market Size & Forecast 2019-2030, (USD Million)

By Country

-Saudi Arabia

-The UAE

-Qatar

-Kuwait

-Oman

-Bahrain.

Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/gcc-p2p-payment-market.html

Top Companies Essentially Working in GCC P2P Payment Market

Paypal, Apple Pay, Venmo, Cash App, Google Pay, Square Cash, Zelle, Noon Pay, Mamo Pay, Ziina Pay, MoneyGram International, Inc., Beyon Money, Others

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & GCC P2P Payment adoption?
5. How has the competition been shaping up across the geography?

6.       Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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