India Fintech Digital Payment Market Size | 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: FIN4428  | Publication: August 2024  |  US$545  |  

India Fintech Digital Payment Market Growth and Performance


  • 2023 saw the India fintech digital payment market size rose to US$ 263.90 Billion, marking a 27.1% YoY growth.
  • DataCube Research foresees, the fintech digital payment market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 8.68 Trillion by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 48.2% from 2024 to 2032.
  • Within the Indian fintech digital payment market, our research highlights the dominance of the fintech mobile pos payments market segment, which claimed the largest market share of 29.6% in 2023. This underscores the segment's robust position and potential for continued growth.
  • In our projections, we also pay close attention to end user dynamics. We anticipate the healthcare sector to emerge as a key driver of growth, expanding with a fastest CAGR of 52.0% during the forecast period spanning 2024 to 2032.

India Fintech Digital Payment Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

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 Consumers

SMEs

Medium-sized Enterprises

Large Enterprises

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Payment Method

Credit Cards

Debit Cards

Bank Transfers

Digital Wallets

Cryptocurrencies

Prepaid Cards

Buy Now, Pay Later (BNPL)

Transaction Value

Micro Payments

Small Payments

Medium Payments

Large Payments

Transaction Types

Business-to-Consumer (B2C)

Business-to-Business (B2B)

Consumer-to-Consumer (C2C)

Consumer-to-Business (C2B)

 

For Enquiry