B2B決済市場レポート：決済タイプ、決済モード、企業規模、業界別、地域別、2024～2032年

世界のB2B決済市場規模は2023年に1兆1,086億米ドルに達しました。今後、IMARC Groupは、2024～2032年にかけての成長率（CAGR）は7.3%で、2032年には2兆1,170億米ドルに達すると予測しています。同市場は、財務上の意思決定や戦略立案の強化に注目が集まっていること、機密性の高い決済データを輸送中や保管中に保護するための強固なセキュリティ対策の導入が進んでいること、モバイルウォレットを利用した決済が増加していることなどを背景に、着実な成長を遂げています。

B2B決済市場の分析：

市場の成長と規模企業間（B2B）決済市場は、デジタル化の進展、グローバリゼーション、より効率的な決済手段への移行などの要因によって、緩やかな成長を遂げています。

主要市場の促進要因：主要促進要因としては、デジタル変革、セキュリティ対策の強化、グローバリゼーション、効率化のニーズなどが挙げられます。これらの要因によって、企業はB2B取引を最適化するために高度な決済技術やソリューションを導入するようになっています。

技術の進歩：同市場では、リアルタイム決済、ブロックチェーン統合、人工知能（AI）を活用した不正検知などの技術的進歩が見られます。これらの技術革新は、企業のB2B決済のあり方を変えつつあり、スピード、セキュリティ、透明性を提供しています。

業界別アプリケーションB2B決済は、製造業、BFSI、IT・通信、金属・鉱業、エネルギー・公益事業など、さまざまな業界で重要な役割を担っています。

主要市場動向：主要動向には、統合決済ソリューションの台頭、クロスボーダー決済の増加、フィンテックの革新、意思決定におけるデータ主導洞察の重要性などがあります。

地域別動向：アジア太平洋は、その利便性と効率性から、デジタル決済導入の最前線でリードしています。しかし、北米もモバイルウォレットの利用増加により急成長市場として浮上しています。

競合情勢：B2B市場の特徴は、技術に投資する主要参入企業が存在することです。これらの企業は、市場での地位を高め、進化する環境基準に対応するため、提携やM&Aにも注力しています。

課題と機会：課題には、サイバーセキュリティの脅威や規制の複雑さなどがあります。しかし、中小企業への対応、国境を越えた決済ニーズへの対応、透明性向上のためのブロックチェーン活用などの機会は、これらの課題を克服すると予測されます。

B2B決済市場の動向：

デジタル変革

B2B決済におけるデジタル変革の背景には、大幅なコスト削減の可能性があります。紙の小切手など従来の決済方法では、手作業によるプロセス、印刷、郵送、管理上のオーバーヘッドが発生します。デジタル決済に移行することで、企業はこれらのコストを大幅に削減できます。デジタル決済は、B2B決済プロセスにおいて圧倒的な効率とスピードを記載しています。自動化されたシステムにより、即時の決済開始、承認ワークフロー、リアルタイムの追跡が可能になります。これにより決済サイクルが合理化され、サプライヤーへの迅速な決済やキャッシュフロー管理の改善につながります。B2B決済のデジタル化により、貴重なデータ洞察へのアクセスが可能になります。企業は支払パターンを分析し、早期支払割引の機会を特定し、運転資本管理を最適化できます。このようなデータ主導のアプローチにより、財務上の意思決定や戦略立案が強化されます。デジタル決済プラットフォームは地理的な境界を越えているため、企業は世界に簡単に決済や資金の受け取りを行うことができます。このアクセシビリティは、国際的な事業を展開する企業にとって特に重要であり、国境を越えた取引に伴う複雑さを軽減します。

セキュリティ対策の強化

生体認証などの強化されたセキュリティ対策は、B2B決済における不正行為のリスクを大幅に軽減します。これらの対策により、権限を与えられた担当者のみが決済を開始・承認できるようになり、不正取引の脅威が軽減されます。強固な暗号化技術により、機密性の高い決済データを輸送中と保管中に保護します。この暗号化により、決済情報の機密性が保たれ、サイバー犯罪者による傍受や漏洩が防止されます。厳しい規制要件により、企業はセキュリティ対策の実施を余儀なくされています。これらの基準に準拠することは、機密データを保護するだけでなく、パートナーや顧客間の信頼も育みます。ブロックチェーン技術は、不変かつ透明な決済記録を作成するために活用されています。これらの記録は改ざんや削除ができないため、金融取引の紛れもない監査証跡となります。トークン化と多要素認証は、さらなるセキュリティ層を提供し、不正行為のリスクを低減します。これらの対策は、企業を金銭的損失から守るだけでなく、B2B決済プロセスに対する信頼性を高め、より多くの企業がデジタル決済手段を採用することを後押しします。

グローバリゼーションとクロスボーダー取引

クロスボーダー取引に対応したB2B決済ソリューションにより、企業は顧客基盤を拡大し、国際的な顧客を獲得することができ、ビジネスの成長を促進することができます。クロスボーダー決済では、複数の通貨を扱うことがよくあります。デジタル決済プラットフォームは、競合為替レートと為替リスクを管理するツールを提供し、国際貿易に伴う財務上の複雑さを軽減します。従来のクロスボーダー決済は、遅延や高額な手数料といった摩擦に悩まされてきました。Fintechソリューションとデジタルプラットフォームは、国際取引を促進するシームレスで低コストの代替手段を提供し、企業が国境を越えた貿易に従事することを容易にします。企業が世界中のパートナーやサプライヤーと協力する中で、クロスボーダー取引を効率的に行う能力は、強固なビジネス関係を維持し、サプライチェーンの強靭性を実現する上で重要な要素となります。

レポーティングと分析の強化

レポーティングと分析の強化により、企業は決済プロセスに関する貴重な洞察を得ることができます。取引データを分析することで、キャッシュフロー管理、サプライヤーとの関係、支払戦略に関連する意思決定を行うことができます。堅牢なレポーティングシステムは、金融取引の透明性を促進します。企業はリアルタイムで決済を追跡できるため、決済が正確かつ期限内に行われることを保証できます。利害関係者が容易に支払記録にアクセスし、取引状況を確認できるため、この透明性によって組織内の説明責任が強化されます。また、エラーや紛争が発生する可能性も低くなります。分析機能が強化されたことで、企業は支払関連コストを綿密に監視できるようになりました。これには、取引手数料、通貨換算コスト、関連経費などが含まれます。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界のB2B決済市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：決済タイプ別

• 国内決済
• 越境決済

第7章 市場内訳：決済モード別

• 従来型
• デジタル

第8章 市場内訳：企業規模別

• 大企業
• 中小企業

第9章 市場内訳：業界別

• BFSI
• 製造業
• IT・通信
• 金属と鉱業
• エネルギーと公益事業
• その他

第10章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第11章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第14章 価格分析

第15章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • American Express Company
  • Bank of America Corporation
  • Capital One
  • Citigroup Inc.
  • JPMorgan Chase & Co.
  • Mastercard Inc.
  • Payoneer Inc.
  • PayPal Holdings Inc.
  • Paystand Inc.
  • Stripe Inc.
  • Visa Inc.
  • Wise Payments Limited

List of Figures

• Figure 1: Global: B2B Payments Market: Major Drivers and Challenges
• Figure 2: Global: B2B Payments Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: B2B Payments Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 4: Global: B2B Payments Market: Breakup by Payment Type (in %), 2023
• Figure 5: Global: B2B Payments Market: Breakup by Payment Mode (in %), 2023
• Figure 6: Global: B2B Payments Market: Breakup by Enterprise Size (in %), 2023
• Figure 7: Global: B2B Payments Market: Breakup by Industry Vertical (in %), 2023
• Figure 8: Global: B2B Payments Market: Breakup by Region (in %), 2023
• Figure 9: Global: B2B Payments (Domestic Payments) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 10: Global: B2B Payments (Domestic Payments) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 11: Global: B2B Payments (Cross-Border Payments) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 12: Global: B2B Payments (Cross-Border Payments) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 13: Global: B2B Payments (Traditional) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 14: Global: B2B Payments (Traditional) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 15: Global: B2B Payments (Digital) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 16: Global: B2B Payments (Digital) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 17: Global: B2B Payments (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 18: Global: B2B Payments (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 19: Global: B2B Payments (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 20: Global: B2B Payments (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 21: Global: B2B Payments (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 22: Global: B2B Payments (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 23: Global: B2B Payments (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 24: Global: B2B Payments (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 25: Global: B2B Payments (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 26: Global: B2B Payments (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 27: Global: B2B Payments (Metals and Mining) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 28: Global: B2B Payments (Metals and Mining) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 29: Global: B2B Payments (Energy and Utilities) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 30: Global: B2B Payments (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 31: Global: B2B Payments (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 32: Global: B2B Payments (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 33: North America: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 34: North America: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 35: United States: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 36: United States: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 37: Canada: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 38: Canada: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 39: Asia-Pacific: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 40: Asia-Pacific: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 41: China: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 42: China: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 43: Japan: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 44: Japan: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 45: India: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 46: India: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 47: South Korea: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 48: South Korea: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 49: Australia: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 50: Australia: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 51: Indonesia: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 52: Indonesia: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 53: Others: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 54: Others: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 55: Europe: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 56: Europe: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 57: Germany: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 58: Germany: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 59: France: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 60: France: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 61: United Kingdom: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 62: United Kingdom: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 63: Italy: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 64: Italy: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 65: Spain: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 66: Spain: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 67: Russia: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 68: Russia: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 69: Others: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 70: Others: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 71: Latin America: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 72: Latin America: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 73: Brazil: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 74: Brazil: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 75: Mexico: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 76: Mexico: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 77: Others: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 78: Others: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 79: Middle East and Africa: B2B Payments Market: Sales Value (in Million US$), 2018 & 2023
• Figure 80: Middle East and Africa: B2B Payments Market: Breakup by Country (in %), 2023
• Figure 81: Middle East and Africa: B2B Payments Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 82: Global: B2B Payments Industry: SWOT Analysis
• Figure 83: Global: B2B Payments Industry: Value Chain Analysis
• Figure 84: Global: B2B Payments Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: B2B Payments Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: B2B Payments Market Forecast: Breakup by Payment Type (in Million US$), 2024-2032
• Table 3: Global: B2B Payments Market Forecast: Breakup by Payment Mode (in Million US$), 2024-2032
• Table 4: Global: B2B Payments Market Forecast: Breakup by Enterprise Size (in Million US$), 2024-2032
• Table 5: Global: B2B Payments Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
• Table 6: Global: B2B Payments Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 7: Global: B2B Payments Market: Competitive Structure
• Table 8: Global: B2B Payments Market: Key Players

The global B2B payments market size reached US$ 1,108.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,117.0 Billion by 2032, exhibiting a growth rate (CAGR) of 7.3% during 2024-2032. The market is experiencing steady growth driven by the growing focus on enhancing financial decision-making and strategic planning, rising implementation of robust security measures to protect sensitive payment data in transit and at rest, and increasing utilization of mobile wallets to make payments.

B2B Payments Market Analysis:

Market Growth and Size: The business-to-business (B2B) payments market is experiencing moderate growth, driven by factors like increasing digitalization, globalization, and the shift towards more efficient payment methods.

Major Market Drivers: Key drivers include digital transformation, enhanced security measures, globalization, and the need for efficiency. These factors are encouraging businesses to adopt advanced payment technologies and solutions to optimize their B2B transactions.

Technological Advancements: The market is witnessing technological advancements, such as real-time payments, blockchain integration, and artificial intelligence (AI)-driven fraud detection. These innovations are reshaping how businesses conduct B2B payments, offering speed, security, and transparency.

Industry Applications: B2B payments are crucial across various industry verticals, including manufacturing, BFSI, IT and telecom, metals and mining, and energy and utilities.

Key Market Trends: Key trends include the rise of integrated payment solutions, cross-border payment growth, fintech innovation, and the importance of data-driven insights for decision-making.

Geographical Trends: Asia Pacific leads at the forefront of digital payment adoption due to its convenience and efficiency. However, North America is also emerging as a fast-growing market driven by the increasing utilization of mobile wallets.

Competitive Landscape: The B2B market is characterized by the presence of key players who are investing in technology. These companies are also focusing on partnerships and mergers and acquisitions (M&As) to enhance their market position and meet the evolving environmental standards.

Challenges and Opportunities: Challenges include cybersecurity threats and regulatory complexities. Nonetheless, opportunities in catering to SMEs, addressing cross-border payment needs, and leveraging blockchain for enhanced transparency are projected to overcome these challenges.

B2B Payments Market Trends:

Digital Transformation

One of the primary reasons behind digital transformation in B2B payments is the potential for significant cost savings. Traditional payment methods, such as paper checks, involve manual processes, printing, postage, and administrative overhead. By transitioning to digital payments, businesses can reduce these costs substantially. Digital payments offer unparalleled efficiency and speed in the B2B payment process. Automated systems allow for instant payment initiation, approval workflows, and real-time tracking. This streamlines the payment cycle, leading to quicker supplier payments and improved cash flow management. The digitalization of B2B payments provides access to valuable data insights. Companies can analyze payment patterns, identify opportunities for early payment discounts, and optimize working capital management. This data-driven approach enhances financial decision-making and strategic planning. Digital payment platforms transcend geographical boundaries, allowing businesses to make payments and receive funds globally with ease. This accessibility is particularly crucial for companies with international operations, reducing the complexities associated with cross-border transactions.

Enhanced Security Measures

Enhanced security measures, such as biometric verification, significantly reduce the risk of fraud in B2B payments. These measures ensure that only authorized personnel can initiate and approve payments, mitigating the threat of unauthorized transactions. Robust encryption technologies are employed to protect sensitive payment data in transit and at rest. This encryption ensures that payment information remains confidential and cannot be intercepted or compromised by cybercriminals. Stringent regulatory requirements compel businesses to implement security measures. Compliance with these standards not only safeguards sensitive data but also fosters trust among partners and customers. Blockchain technology is being leveraged to create immutable and transparent payment records. These records cannot be altered or deleted, providing an indisputable audit trail for financial transactions. Tokenization and multi-factor authentication provide additional layers of security, reducing the risk of fraudulent activities. These measures not only protect businesses from financial losses but also bolster trust in B2B payment processes, encouraging more companies to embrace digital payment methods.

Globalization and Cross-Border Transactions

B2B payments solutions tailored for cross-border transactions enable companies to expand their customer base and reach international clients, fostering business growth. Cross-border payments often involve dealing with multiple currencies. Digital payment platforms offer competitive exchange rates and tools for managing currency risk, reducing the financial complexities associated with international trade. Traditional cross-border payments are plagued by friction points, such as delays and high fees. Fintech solutions and digital platforms provide seamless, low-cost alternatives that facilitate international transactions, making it easier for businesses to engage in cross-border trade. As businesses collaborate with partners and suppliers worldwide, the ability to conduct cross-border transactions efficiently becomes a critical factor in maintaining strong business relationships and achieving supply chain resilience.

Enhanced Reporting and Analytics

Enhanced reporting and analytics provide businesses with valuable insights into their payment processes. They can analyze transaction data to make informed decisions related to cash flow management, supplier relationships, and payment strategies. Robust reporting systems promote transparency in financial transactions. Businesses can track payments in real-time, ensuring that payments are made accurately and on time. This transparency enhances accountability within the organization, as stakeholders can easily access payment records and verify the status of transactions. It also reduces the likelihood of errors or disputes. Enhanced analytics allow businesses to closely monitor payment-related costs. This includes transaction fees, currency conversion costs, and any associated expenses.

B2B Payments Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the payment type, payment mode, enterprise size, and industry vertical.

Breakup by Payment Type:

Domestic Payments

Cross-Border Payments

Domestic payments account for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the payment type. This includes domestic payments and cross-border payments. According to the report, domestic payments represented the largest segment.

Domestic payments represent the largest segment in the B2B payments market, encompassing transactions that occur within the borders of a country. This segment is characterized by a high volume of payments, often involving businesses paying their local suppliers, employees, and service providers. Domestic payments are preferred for their simplicity and familiarity, as they typically adhere to the national banking and payment infrastructure. Many businesses prioritize efficiency and cost-effectiveness in their domestic payment processes, leading to increased adoption of digital payment methods and automated solutions for seamless, error-free transactions.

Cross-border payments constitute another significant segment within the B2B payments market. This segment involves transactions between businesses in different countries, making it more complex due to currency conversion, international regulations, and varying payment methods. Cross-border payments are essential for companies engaged in global trade, as they facilitate international transactions with suppliers, customers, and partners.

Breakup by Payment Mode:

Traditional

Digital

Traditional holds the largest share in the industry

A detailed breakup and analysis of the market based on the payment mode have also been provided in the report. This includes traditional and digital. According to the report, traditional accounted for the largest market share.

The traditional payment mode remains the largest segment in the B2B payments market, representing the conventional methods that have been in use for numerous years. This segment includes payment modes, such as paper checks, wire transfers, and cash transactions. Despite the rise of digital alternatives, many businesses still rely on traditional payment methods due to familiarity and established processes. Traditional payments offer a sense of security, but they are often associated with longer processing times, higher administrative costs, and increased potential for errors.

The digital payment mode encompasses a range of digital payment methods, including electronic funds transfers, credit card payments, mobile wallets, and online payment platforms. Digital payments offer businesses increased speed, accuracy, and transparency in their financial transactions. They streamline payment processes, provide real-time tracking, and enable automation, resulting in improved cash flow management and cost savings.

Breakup by Enterprise Size:

Large Enterprises

Small and Medium-sized Enterprises

Large enterprises represent the leading market segment

The report has provided a detailed breakup and analysis of the market based on the enterprise size. This includes large enterprises and small and medium-sized enterprises. According to the report, large enterprises represented the largest segment.

Large enterprises are well-established companies with substantial financial resources and a broad customer or supplier base. Large enterprises often have complex payment needs, including managing a high volume of transactions, dealing with diverse suppliers and partners, and requiring sophisticated financial systems. They tend to adopt advanced payment technologies, such as electronic invoicing, supply chain financing, and customized payment solutions, to optimize their payment processes. Additionally, large enterprises have the resources to invest in comprehensive payment automation and security measures, ensuring efficiency and compliance in their B2B payments.

Small and medium-sized enterprises (SMEs) are characterized by their relatively smaller size, limited resources, and typically more localized operations. While they may have fewer transactions compared to large enterprises, they face unique challenges in managing cash flow and ensuring timely payments to suppliers. Many SMEs are increasingly adopting digital payment solutions to streamline their payment processes, reduce administrative overhead, and improve liquidity management.

Breakup by Industry Vertical:

BFSI

Manufacturing

IT and Telecom

Metals and Mining

Energy and Utilities

Others

Manufacturing exhibits a clear dominance in the market

A detailed breakup and analysis of the market based on the industry vertical have also been provided in the report. This includes BFSI, manufacturing, IT and telecom, metals and mining, energy and utilities, and others. According to the report, manufacturing accounted for the largest market share.

The manufacturing segment stands as the largest sector in the B2B payments market. This industry encompasses a wide range of businesses involved in the production of goods, from automotive to consumer electronics to industrial equipment. Manufacturers often engage in complex supply chain networks, making efficient B2B payments crucial. This segment emphasizes streamlined payment processes to manage supplier payments, procure raw materials, and facilitate distribution effectively. As manufacturing processes become increasingly automated and globalized, the adoption of digital payment solutions and supply chain financing is growing within this sector, enabling smoother operations and better cost control.

The BFSI sector comprises banks, insurance companies, and financial institutions that rely heavily on secure and efficient payment systems for various transactions, including interbank settlements, insurance payouts, and client payments. The BFSI segment has a strong focus on security, compliance, and real-time processing.

The IT and telecom sector is at the forefront of digital transformation, making it a vital segment in the B2B payments market. Businesses in this industry frequently engage in cross-border transactions, necessitating sophisticated payment solutions to manage international partnerships and vendors.

The metals and mining sector plays a crucial role in the B2B payments market due to its global supply chain complexity. This industry includes businesses involved in mining, refining, and processing metals and minerals. B2B payments in this segment often involve cross-border transactions for raw material procurement, and therefore, they require solutions that address currency exchange, compliance, and supply chain financing.

The energy and utilities sector encompasses businesses involved in the production, distribution, and consumption of energy resources, such as electricity, natural gas, and water. This industry relies on B2B payments for supply chain management, infrastructure development, and service delivery.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific leads the market, accounting for the largest B2B payments market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific B2B payments market is driven by driven by expanding e-commerce operations, mobile penetration, and government initiatives promoting digital financial inclusion. The region is witnessing a thriving fintech ecosystem, leading to innovative B2B payment solutions, including blockchain-based platforms and supply chain finance. Government initiatives in countries like India are accelerating the transition to digital payments by simplifying the payment infrastructure and regulations.

North America maintains a strong presence in the market due to the shift towards integrated payment solutions that seamlessly connect B2B transactions with accounting, invoicing, and financial systems.

Europe stands as another key region in the market, driven by the increasing cross-border payment standardization for simplifying B2B payments.

Latin America exhibits growing potential in the B2B payments market, fueled by the availability of digital payment options for a broader range of businesses.

The Middle East and Africa region show a developing market for B2B payments, primarily driven by the increasing use of mobile wallets among the masses.

Leading Key Players in the B2B Payments Industry:

Key players in the B2B payments market are actively pursuing strategies to enhance their offerings and stay competitive. They are investing heavily in technology, particularly in developing user-friendly and secure digital payment platforms. These platforms often incorporate features like real-time payments, automated invoicing, and data analytics to streamline B2B transactions. Additionally, many top companies are expanding their global reach through partnerships and acquisitions, enabling them to provide comprehensive cross-border payment solutions. Furthermore, a strong focus on compliance and security measures is evident, with investments in robust fraud detection and prevention systems to ensure the safety of B2B transactions. Moreover, leading companies in the B2B payments market are committed to innovation and customer-centric solutions to meet the evolving needs of businesses worldwide.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

American Express Company

Bank of America Corporation

Capital One

Citigroup Inc.

JPMorgan Chase & Co.

Mastercard Inc.

Payoneer Inc.

PayPal Holdings Inc.

Paystand Inc.

Stripe Inc.

Visa Inc.

Wise Payments Limited

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

December 2022: American Express Company announced the launch of Amex Business Link(TM), which is a new B2B payments ecosystem created for network issuing and acquiring participants to offer to their business customers.

April 2023: Citigroup Inc. announced its collaboration with Hokodo to deliver a best-in-class and frictionless B2B Buy Now, Pay Later (BNPL) solution that enables large global businesses to offer trade credit on e-commerce platforms and marketplaces.

September 2023: Visa Inc. announced its collaboration with Swift to streamline international business-to-business (B2B) payments by enhancing connectivity between their networks that move trillions in value globally.

Key Questions Answered in This Report

• 1. How big is the B2B payments market?
• 2. What is the expected growth rate of the global B2B payments market during 2024-2032?
• 3. What are the key factors driving the global B2B payments market?
• 4. What has been the impact of COVID-19 on the global B2B payments market?
• 5. What is the breakup of the global B2B payments market based on the payment type?
• 6. What is the breakup of the global B2B payments market based on the payment mode?
• 7. What is the breakup of the global B2B payments market based on enterprise size?
• 8. What is the breakup of the global B2B payments market based on the industry vertical?
• 9. What are the key regions in the global B2B payments market?
• 10. Who are the key players/companies in the global B2B payments market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global B2B Payments Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Payment Type

• 6.1 Domestic Payments
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Cross-Border Payments
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Payment Mode

• 7.1 Traditional
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Digital
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Enterprise Size

• 8.1 Large Enterprises
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Small and Medium-sized Enterprises
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by Industry Vertical

• 9.1 BFSI
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Manufacturing
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 IT and Telecom
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Metals and Mining
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Energy and Utilities
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast
• 9.6 Others
  • 9.6.1 Market Trends
  • 9.6.2 Market Forecast

10 Market Breakup by Region

• 10.1 North America
  • 10.1.1 United States
    • 10.1.1.1 Market Trends
    • 10.1.1.2 Market Forecast
  • 10.1.2 Canada
    • 10.1.2.1 Market Trends
    • 10.1.2.2 Market Forecast
• 10.2 Asia-Pacific
  • 10.2.1 China
    • 10.2.1.1 Market Trends
    • 10.2.1.2 Market Forecast
  • 10.2.2 Japan
    • 10.2.2.1 Market Trends
    • 10.2.2.2 Market Forecast
  • 10.2.3 India
    • 10.2.3.1 Market Trends
    • 10.2.3.2 Market Forecast
  • 10.2.4 South Korea
    • 10.2.4.1 Market Trends
    • 10.2.4.2 Market Forecast
  • 10.2.5 Australia
    • 10.2.5.1 Market Trends
    • 10.2.5.2 Market Forecast
  • 10.2.6 Indonesia
    • 10.2.6.1 Market Trends
    • 10.2.6.2 Market Forecast
  • 10.2.7 Others
    • 10.2.7.1 Market Trends
    • 10.2.7.2 Market Forecast
• 10.3 Europe
  • 10.3.1 Germany
    • 10.3.1.1 Market Trends
    • 10.3.1.2 Market Forecast
  • 10.3.2 France
    • 10.3.2.1 Market Trends
    • 10.3.2.2 Market Forecast
  • 10.3.3 United Kingdom
    • 10.3.3.1 Market Trends
    • 10.3.3.2 Market Forecast
  • 10.3.4 Italy
    • 10.3.4.1 Market Trends
    • 10.3.4.2 Market Forecast
  • 10.3.5 Spain
    • 10.3.5.1 Market Trends
    • 10.3.5.2 Market Forecast
  • 10.3.6 Russia
    • 10.3.6.1 Market Trends
    • 10.3.6.2 Market Forecast
  • 10.3.7 Others
    • 10.3.7.1 Market Trends
    • 10.3.7.2 Market Forecast
• 10.4 Latin America
  • 10.4.1 Brazil
    • 10.4.1.1 Market Trends
    • 10.4.1.2 Market Forecast
  • 10.4.2 Mexico
    • 10.4.2.1 Market Trends
    • 10.4.2.2 Market Forecast
  • 10.4.3 Others
    • 10.4.3.1 Market Trends
    • 10.4.3.2 Market Forecast
• 10.5 Middle East and Africa
  • 10.5.1 Market Trends
  • 10.5.2 Market Breakup by Country
  • 10.5.3 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 American Express Company
    • 15.3.1.1 Company Overview
    • 15.3.1.2 Product Portfolio
    • 15.3.1.3 Financials
    • 15.3.1.4 SWOT Analysis
  • 15.3.2 Bank of America Corporation
    • 15.3.2.1 Company Overview
    • 15.3.2.2 Product Portfolio
    • 15.3.2.3 Financials
    • 15.3.2.4 SWOT Analysis
  • 15.3.3 Capital One
    • 15.3.3.1 Company Overview
    • 15.3.3.2 Product Portfolio
    • 15.3.3.3 Financials
    • 15.3.3.4 SWOT Analysis
  • 15.3.4 Citigroup Inc.
    • 15.3.4.1 Company Overview
    • 15.3.4.2 Product Portfolio
    • 15.3.4.3 Financials
    • 15.3.4.4 SWOT Analysis
  • 15.3.5 JPMorgan Chase & Co.
    • 15.3.5.1 Company Overview
    • 15.3.5.2 Product Portfolio
    • 15.3.5.3 Financials
    • 15.3.5.4 SWOT Analysis
  • 15.3.6 Mastercard Inc.
    • 15.3.6.1 Company Overview
    • 15.3.6.2 Product Portfolio
    • 15.3.6.3 Financials
    • 15.3.6.4 SWOT Analysis
  • 15.3.7 Payoneer Inc.
    • 15.3.7.1 Company Overview
    • 15.3.7.2 Product Portfolio
  • 15.3.8 PayPal Holdings Inc.
    • 15.3.8.1 Company Overview
    • 15.3.8.2 Product Portfolio
    • 15.3.8.3 Financials
    • 15.3.8.4 SWOT Analysis
  • 15.3.9 Paystand Inc.
    • 15.3.9.1 Company Overview
    • 15.3.9.2 Product Portfolio
  • 15.3.10 Stripe Inc.
    • 15.3.10.1 Company Overview
    • 15.3.10.2 Product Portfolio
  • 15.3.11 Visa Inc.
    • 15.3.11.1 Company Overview
    • 15.3.11.2 Product Portfolio
  • 15.3.12 Wise Payments Limited
    • 15.3.12.1 Company Overview
    • 15.3.12.2 Product Portfolio