Buy Now Pay Later (BNPL) Market Report 2022: Technological Advancements in Super Apps and Machine Learning Drives Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Buy Now Pay Later (BNPL) Market Size, Share, Trends, Analysis and Forecast By Region, Channel (In-Store, Online), Business Model (Card Linked Financing, Off-Card Financing, Virtual Rent to Own Models, Integrated Online Shopping Apps), Spend Category and Segment, 2021-2026” report has been added to ResearchAndMarkets.com’s providing.

This market intelligence report presents a radical, ahead-wanting evaluation of the worldwide BNPL market by channel sort, enterprise mannequin, spend class, and key alternatives in a concise format to assist executives construct proactive and worthwhile progress methods.

The BNPL market measurement was valued at US$141.6 billion in 2021. The market is predicted to develop at a CAGR of greater than 33.3% through the forecast interval (2021-2026). The BNPL market report offers an government-degree overview of the BNPL market worldwide immediately, with detailed forecasts of key indicators as much as 2026.

The international Buy Now Pay Later (BNPL) market measurement was valued at US$141.6 billion in 2021 and is predicted to develop at a compound annual progress price (CAGR) of 33.3% throughout 2021-2026. Online funds are quickly rising as extra customers are making the most of on-line purchasing favoring progress. BNPL over the past couple of years has gained recognition instead credit score possibility, a pattern anticipated to proceed through the forecast interval. The cost methodology has emerged as a well-liked alternative with GenZ and Millennials.

Scope

This report offers overview and service addressable marketplace for BNPL market

It identifies the important thing tendencies impacting progress of the market over the following 12 to 24 months, break up into three classes: expertise tendencies, macroeconomic tendencies, and regulatory tendencies

It contains international market forecasts for the BNPL Market and evaluation of patents, firm filings, and hiring tendencies

It incorporates particulars of M&A offers in the BNPL house, and a timeline highlighting milestones in the event of BNPL business

The detailed worth chain consists of 4 layers: Lending layer, Open Banking layer, Security Provider layer, and Credit Bureaus layer

Reasons to Buy

This market intelligence report presents a radical, ahead-wanting evaluation of the worldwide BNPL market by channel sort, enterprise mannequin, spend class, and key alternatives in a concise format to assist executives construct proactive and worthwhile progress methods

Accompanying the writer’s Forecast merchandise, the report examines the assumptions and drivers behind ongoing and upcoming tendencies in BNPL markets

The report additionally highlights key channel sort segments (In-Store, Online)

The report additionally highlights key enterprise mannequin sort segments (Integrated Online Shopping Apps (IOSA), Off-Card Financing (OFC), Virtual Rent to Own Model (VRTO), Card Linked Financing (CLF)

The report additionally highlights key spend class segments (Fashion & Apparel, Food & Beverages/ Groceries, Furniture, Home Appliances, Hotels & Vacations, Media & Entertainment, Motor Fuel, Personal Care & Cosmetics, Sports & Fitness Equipment, Others)

With greater than 20 charts and tables, the report is designed for an government-degree viewers, boasting presentation high quality

The report offers an simply digestible market evaluation for resolution-makers constructed round in-depth info gathered from native market gamers, which allows executives to rapidly rise up to hurry with the present and rising tendencies in BNPL markets

The broad perspective of the report coupled with complete, actionable element will assist BFSI stakeholders, service suppliers, and different BNPL gamers succeed in rising the BNPL market globally

Market Dynamics

Market Drivers

Proliferation of Online Payments

Growth of Social Media & E-Commerce

Technological Advancements in Super Apps and Machine Learning

Market Challenges

BNPL Regulation

Failure to Properly Disclose Terms and Conditions

Strong Customer Authentication (SCA) and BNPL Credit Approval Process

Key Topics Covered:

CHAPTER 01 Executive Summary

CHAPTER 02 Research Scope & Segmentation

CHAPTER 03 Buy Now Pay Later (BNPL) Industry Trend Analysis

CHAPTER 04 Global Buy Now Pay Later (BNPL) Revenue Opportunity

CHAPTER 05 Buy Now Pay Later (BNPL) Regional Outlook

CHAPTER 06 Global Buy Now Pay Later (BNPL) Competitive Landscape

CHAPTER 07 Methodology and Scope

Companies Mentioned

Affirm Inc.

Afterpay Ltd

Amazon Payments, Inc.

Klarna Bank AB

Mastercard Inc.

PayPal Holdings Inc.

Sezzle Inc.

Splitit Payment Ltd

Visa Inc.

Zip Co Ltd

For extra details about this report go to https://www.researchandmarkets.com/r/6p3uvg

Source: GlobalKnowledge

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