Publication: August 2024
Report Type: Tracker
Report Format: PDF DataSheet
Report ID: FIN4410 
  Pages: 160+
 

BRICS Fintech Digital Payment Market Size and Forecast by Type, End Users, Industry, Payment Method, Transaction Value, Transaction Types, and Region: Statistics | 2019-2032

Report Format: PDF DataSheet |   Pages: 160+  

 August 2024  | 

BRICS Fintech Digital Payment Market Growth and Performance


  • The fintech digital payment market size in BRICS increased to US$ 3.25 Trillion in 2023, with a year-on-year growth rate of 26.1%.
  • By the end of 2032, the BRICS fintech digital payment market is on track to achieve US$ 39.34 Trillion, with a forecasted Compound Annual Growth Rate (CAGR) of 31.9% throughout the forecast period.
  • The fintech digital commerce market segment is estimated to hold the largest market share of 78.0% and be valued at US$ 30.68 Trillion in 2032.
  • In 2032, 49.4% of the total spending in the BRICS fintech digital payment market is forecasted to come from China.

BRICS Fintech Digital Payment Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Fintech Digital Commerce Market

Fintech Mobile POS Payments Market

Fintech Digital Remittances Market

End Users

Individual Consumer

SME

Medium-sized Enterprise

Large Enterprise

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Payment Method

Credit Card

Debit Card

Bank Transfer

Digital Wallet

Cryptocurrencie

Prepaid Card

Buy Now, Pay Later (BNPL)

Transaction Value

Micro Payment

Small Payment

Medium Payment

Large Payment

Transaction Types

Business-to-Consumer (B2C)

Business-to-Business (B2B)

Consumer-to-Consumer (C2C)

Consumer-to-Business (C2B)

BRICS Fintech Digital Payment Industry: Country Coverage

 

Countries

BRICS

Brazi

Russi

Indi

Chin

South Afric



*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]