Press release
Buy Now Pay Later Market With Current and Future Growth Analysis by Forecast From 2024 to 2031
Buy Now Pay Later Market, Buy Now Pay Later Market Size, Buy Now Pay Later Market Share, Buy Now Pay Later Market Trends
BNPL platforms, such as Klarna, Afterpay, and Affirm, cater to a tech-savvy, credit-conscious audience, often targeting millennials and Gen Z consumers who prefer short-term financing without the complexities or high fees associated with traditional credit cards. These services are integrated directly into online checkout processes, making it seamless for shoppers to opt for installment payments, improving the overall shopping experience.
Global Buy Now Pay Later Market size was valued at USD 27.84 Bllion in 2022 and is poised to grow from USD 32.03 Billion in 2023 to USD 122.77 Billion by 2031, growing at a CAGR of 18.6% in the forecast period (2024-2031).
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The major players profiled in this report include
Affirm Holdings Inc. (United States)
Klarna Bank AB (Sweden)
Splitit Payments, Ltd. (United States)
Sezzle (United States)
Perpay Inc. (United States)
Zip Co, Ltd (Australia)
Paypal (United States)
AfterPay Limited (Australia)
Openpay (Australia)
LatitudePay Financial Services (Australia)
HSBC Group (United Kingdom)
Amazon Hub Counter (United States)
LazyPay (India)
Flexmoney (India)
MobiKwik (India)
ZestMoney (India)
Flipkart (India)
Simpl (India)
Paytm KYC Point (India)
ePayLater (India)
Regional Coverage of the Buy Now Pay Later Market:
➤ North America (United States, Canada, and Mexico)
➤ Europe (UK, Germany, France, Russia, and Italy)
➤ Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
➤ South America (Brazil, Colombia, Argentina, etc.)
➤ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)
Frequently Asked Questions
What does the report cover?
The report incorporates an analysis of factors that promote market growth. The report introduces the competitive landscape of the global market. This also provides a range of different market segments and applications that may affect the market in the future. The analysis is based on current market trends and historical growth data. It includes detailed market segmentation, regional analysis, and industry competition pattern.
How does the report provide the market size of the market?
The report effectively assesses the current market size and provides forecasts for the industry in the form of Value and transaction Volume
Buy Now Pay Later Market Segments
Channel
Point of Sale, Online
Landing Type
Point of Sale, Personal Loans, Private-level Credit Cards, General-purpose Credit Cards
Enterprise Size
Large Enterprises, and Small & Medium Enterprises
Industry
e-Commerce & Retail (Consumer Electronics, Fashion & Garment and Others), Healthcare, Leisure & Entertainment, Automotive and Others
What market dynamics does this report cover?
Current market size
Market forecast
Market opportunities
Key drivers and restraints
Regulatory scenario
Industry trend
New product approvals/launch
Promotion and marketing initiatives
Pricing analysis
Competitive landscape
Would you like to ask a question? Ask Our Expert: https://www.skyquestt.com/speak-with-analyst/buy-now-pay-later-market
Buy Now Pay Later Market 2024-2031: Main Highlights
The compound annual growth rate of the market during the forecast period 2024-2031
Detailed information on the factors that will contribute to the growth of the Buy Now Pay Later market in the next five years
Estimate the size of the Buy Now Pay Later market and its contribution to the parent market
Forecast of upcoming trends and changes in consumer behavior
Buy Now Pay Later market growth
Analyze the market competition landscape and provide detailed information about suppliers
Detailed information on the factors that comprehensively challenge the growth of vendors in the Buy Now Pay Later market
Insightful research reports on the Buy Now Pay Later market include Pestle analysis, Porter's five forces analysis, and SWOT analysis to understand the factors that affect consumer and supplier behavior
Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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