Buy now, pay later, the market is expected to reach $ 3.98 trillion by 2030 at a CAGR of 45.7% | Business development strategies


Buy Now Pay Later

The affordable and convenient payment service of buy now, pay later platforms and the growth of the e-commerce industry across the world is driving the growth of the buy now, pay later market.

– Vivek Karmalkar

PORTLAND, OREGON, USA, September 24, 2021 / – Allied Market Research has released a new report titled “Buy Now, Pay Later, Market by Channel (Online and POS), Application (Retail Goods, Media & Entertainment, Health & Wellness, Automotive, Home Improvement & Others) and End User (Gen X, Gen Z / Millennials & Baby Boomers): Global Opportunity Analysis and Industry Forecast, 2021-2030 “.

The primary goal of buying now paying later is to eliminate the need to make payment for items at the time of purchase. Besides, many benefits offered by buy now pay later include high security, hassle free transaction, faster transaction processing speed and others. In addition, the increasing penetration of online payment across the world and the growth of e-commerce industry in emerging countries are the major factors driving the growth of the buy now pay later market.

The market report provides a comprehensive analysis of current market aspects, estimates, assessments, rotation scenarios, and dynamic forces of the industry from 2019 to 2028. An in-depth study of the aspects that drive and restrain the growth of the market market is also demonstrated. The overall assessment of market size and its proper breakdown helps in determining the dominant market opportunities.

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The main countries in each region are represented according to their share of income. The major market players of the industry are outlined and their plans and strategies are thoroughly discussed which gives an idea of ​​the competitive outlook of the buy now pay later market.

The market report covers regions such as North America (United States, Canada, and Mexico), South America (Brazil, Argentina, and Colombia), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa). The report also presents a complete scenario of the market in each jurisdiction.

The leaders of the global Buy Now Pay Later market are explored in this report. These market players have incorporated different strategies including partnership, expansion, collaboration, joint ventures and others to strengthen their position in the industry. Major players operating in the global buy now pay later industry are Affirm Holdings Inc., Afterpay, Klarna Bank AB, Laybuy Group Holdings Limited, PayPal Holdings Inc., Payl8r (Social Money Ltd.), Perpay, Quadpay, Sezzle and Splitit.

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The report offers in-depth information about major end-users and annual forecast from 2019 to 2028. Besides, it presents revenue forecast for each year along with sales and sales growth of the market. Forecasts are offered by in-depth market study by knowledgeable analysts regarding geographic market assessment. These forecasts are beneficial for better understanding the future prospects of the industry.

Main advantages of the report:
1. This study provides an uplifting illustration of the global buy now pay later market as well as contemporary trends and future valuations to support investment.
2. The market report, furthermore, presents statistics regarding key drivers, restraining factors, and opportunities, along with an overall analysis of the market revenue.
3. The current market is carefully assessed from 2019 to 2028 to accentuate the growth scenario of the global buy now pay later market. This analytical model displays market assertiveness by analyzing several parameters including alternative pressures, supplier power, and buyer choice operating in the industry.
4. The report presents an explicit market research based on economic strength and how global competition will shape in the near future.

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Main offer of the report:
1. Main Impact Factors: An in-depth study of the determining factors, impending opportunities and challenges.
2. Drift and Current Trends: A thorough analysis of recent market trends and forecasts for the next few years in order to make a tactical and premeditated decision.
3. Segmental survey: A ubiquitous analysis of each segment and growth factors along with an estimate of the growth rate.
4. Geographic Analysis: Detailed discernments on the market potential in each province to enable market players to make the most of market opportunities.
5. Competitive Scenario: An in-depth analysis of active leaders in the industry.

Questions Answered in the Buy Now, Pay Later Market Research Report:
1. Who are the major players in the global buy now pay later market?
2. What would be the detailed impact of COVID-19 on the overall size of the buy now pay later market?
3. How does the current purchase now pay for subsequent market trends that would influence the industry over the next several years?
4. What are the driving factors, restraints and opportunities in the global market?
5. What are the projections for the future that could help to take new strategic actions?

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Buy Now Pay Later Key Market Segments:
By channel:
1. Online channel
2. POS channel

By application:
1. Retail goods
2. Media and entertainment
3. Health and well-being
4. Automobile
5. Home improvement
6. Others

By end user:
1. Generation X
2. Generation Z / Millennials
3. Baby boomers

By region:
1. North America
2. Europe
3. Asia-Pacific

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About Us:
Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global businesses as well as medium and small businesses with unmatched quality of “market research reports” and “business intelligence solutions”. AMR has a focused vision to provide business information and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

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