Unveiling the Future: Buy Now Pay Later Market to USD 7.2 Billion Value in 2022 Forecast by 2030, Featuring a CAGR of 18.5% - MarkNtel Advisors

 

Market Overview: Global Buy Now Pay Later Market

MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Global Buy Now Pay Later Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Buy Now Pay Later Market Insights 2024-30

The Global Buy Now Pay Later Market size was valued at around USD7.2 billion in 2022 & is projected to grow at a CAGR of about 18.5% during the forecast period, i.e., 2024-30.

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Top Players in the Buy Now Pay Later Market:

  • Klarna
  • Afterpay
  • Affirm Inc.
  • Laybuy Group Holdings Limited
  • PayPal Holding Inc.
  • Kredivo
  • Zip Co. Ltd.
  • Splitit
  • Sezzel
  • Amazon
  • Flipkart
  • Scalapay S.R.L.
  • Perpay Inc.
  • Paytm
  • PayI8r
  • Others

Segmentation Analysis of Buy Now Pay Later Market

Buy Now Pay Later Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

-By Application

  • Healthcare
  • Clothing & Accessories
  • Media & Entertainment
  • Travel & Leisure
  • Consumer Electronics
  • Others

Of them all, consumer electronics acquired a major Global Buy Now Pay Later Market share during 2018-21. It is one of the rapidly evolving and highly innovative industries, with hundreds of newly launched electronics recorded over a year. Rising urbanization & digitalization trends, as well as the emerging need for consumers to adopt the latest technologies & services, have all contributed to a rapid increase in consumer electronics demand in recent years.

Furthermore, the higher price of electronics & the buyer's low disposable income have made a significant contribution to the global demand for buy now pay later services, as buy now pay later services enable the buyer to fulfill its requirement of purchasing the gadget while removing the burden of paying large sums in one go.

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-By Sales Channel

  • Online
  • Point of Sales

-By End User Age Group

  • 18-34 years
  • 35-54 years
  • Above 54 years

A Comprehensive Geographical Analysis:

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

The North America Buy Now Pay Later Market has been witnessing notable growth since 2018. The higher presence of Fintech service providers with competitive portfolio offerings has made a notable contribution to driving the demand for buy now pay later services across North America. Further, with the increasing partnerships among the buy now pay later & entertainment service providers across the region, providing consumers with attractive discounts and rewards & loyalties, the demand for buy now pays later services is anticipated to soar in the forthcoming years.

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Why Choose Us?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 18.50+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.

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About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 118.5 diverse industrial verticals.

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Company Name: MarkNtel Advisors 

Email: sales@marknteladvisors.com 

Phone: +1 628 8918.5 8081, +91 120 4278433

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