South Korea Fintech Digital Payment Market Size | 2019-2032

South Korea 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: FIN4427  | Publication: August 2024  |  US$925  |  

South Korea Fintech Digital Payment Market Growth and Performance


  • It's evident that the South Korea fintech digital payment market is on track to reach an impressive US$ 1.37 Trillion in revenue by 2032.
  • This growth trajectory is underpinned by an expected Compound Annual Growth Rate (CAGR) of 19.8% from 2024 to 2032, as forecasted by DataCube Research.
  • When analysing the dynamics within South Korean fintech digital payment market landscape, it becomes apparent that the fintech digital commerce market segment carries significant potential. Projections suggest that by 2032, this segment will assert its dominance, boasting a market value of US$ 992.24 Billion.
  • Looking ahead, industry experts are optimistic about the future of the healthcare sector. Throughout the forecast period, this sector is anticipated to undergo the most rapid expansion in terms of revenue generation, with a 22.9% CAGR.

South Korea 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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