South Africa Fintech Digital Payment Market Size | 2019-2032

South Africa 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: Parent Industry Monitor | ID: FIN4442  | Publication: August 2024  |  US$925  |  

South Africa Fintech Digital Payment Market Growth and Performance


  • The South Africa fintech digital payment market is poised to achieve US$ 649.73 Billion in revenue by 2032, driven by an anticipated Compound Annual Growth Rate (CAGR) of 47.1% from 2024 to 2032.
  • Industry analysts predict that in South Africa, the primary segment by type, is set to be fintech digital commerce market, boasting a market value of US$ 516.88 Billion by 2032.
  • When considering end users, it's projected that 21.7% of the total market size in the fintech digital payment market in South Africa will be attributed to IT and Telecom end user by 2032.
  • Industry specialists anticipate that throughout the forecast period, the Healthcare sector will undergo the most rapid expansion in terms of revenue generation, with a 50.9% Compound Annual Growth Rate (CAGR).

South Africa 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)

 

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