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DUBLIN--(BUSINESS WIRE)--The "Payment as a Service - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Payment as a Service Market to Reach $20.5 Billion by 2027 Amid the COVID-19 crisis, the global market for Payment as a Service estimated at US$ 7.1 Billion in the year 2020, is projected to reach a revised size of US$ 20.5 Billion by 2027, growing at a CAGR of 16.5% over the period 2020-2027. Platform, one of the segments analyzed in the report, is projected to record 14.7% CAGR and reach US$ 15.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 23.4% CAGR for the next 7-year period. The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 15.9% CAGR The Payment as a Service market in the U.S. is estimated at US$ 2.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 3.6 Billion by the year 2027 trailing a CAGR of 15.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.5% and 14.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR. Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW 2. FOCUS ON SELECT PLAYERS (Total 34 Featured): 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITION For more information about this report visit https://www.researchandmarkets.com/r/lo8679

Answer: Global Payment as a Service Market Report 2021: Market to Reach a Value of $20.5 Billion by 2027 - ResearchAndMarkets.com