The report is titled ‘Buy Now Pay Later Platforms Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the buy now pay later platforms market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The buy now pay later platforms market is expected to grow at a significant rate in the near future.
There are several instances in everyday lives of people when they feel tempted to purchase some trendy clothes or order delicious food online but drop the idea as they recall their bank balance. However, in the present times, the buy now pay later platforms came as a saviour for such instances in regular lives, as it allows customers to purchase commodities right away without worrying about their bank balance owing to the liberty provided to users to pay for the purchase later on. The “shop now pay later” solution has grown extremely popular in the past few years as it provides users with flexible repayment options and to prefer a relevant financing plan and repay in instalments instead of having to pay the total cost up-front.
As a matter of fact, the concept of “Buy now pay later” is not at all new and it has been around for a very long time. Although the BNPL platform has become the talk of the town in the past few years owing to its emerging presence in the digital world. The buy now pay later platforms have finally appeared and started to deliver digitally and have become mobile-optimized along with user-friendly functions. As of which, the buy now pay later platforms are on a boom and are gaining huge traction in the global markets, which in turn is projected to shoot up the growth of the global buy now pay later platforms market over the forecast period. In addition to that, the buy now pay later platforms to help present day’s users, which are mostly millennials and Gen Z, simplify their regular lives. With the use of BNPL, users can make payments for their purchase in the form of a monthly bill without worrying about paying for each purchase and scuffling for cash right away. Moreover, the means of payment provided by BNPL platforms are absolutely reliable and protected, which further builds trust and confidence among consumers, thereby gaining momentum all across the world. Owing to which, the global buy now pay later platforms market is projected to grow substantially in the forthcoming years.
The global buy now pay later platforms is segmented on the basis of enterprise size, end-use industry, and regions. On the basis of enterprise size, the buy now pay later platforms market is segmented into SMEs and Large Enterprises. On the basis of the end-use industry, the market is categorized into Fashion & Garment Industry, Consumer Electronics, Cosmetic Industry, Healthcare, and Others.
The research report classifies the global buy now pay later platforms market based on enterprise size, end-use industry, and regions.
SMEs
Large Enterprises
Fashion & Garment Industry
Consumer Electronics
Cosmetics
Healthcare
Others
North America
Latin America
Africa
Europe
Asia Pacific
Middle East
The global buy now pay later platforms market is dominated by Afterpay, Zippay, VISA, Sezzle, Affirm, Paypal, Splitit, Latitude Financial Services, Klarna, Humm, and Openpay, among others.
The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the buy now pay later platforms market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Buy Now Pay Later Platforms
Advantage of Buy Now Pay Later Platforms
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
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1. Global Buy Now Pay Later Platforms Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Buy Now Pay Later Platforms Market Overview
2.1. Introduction
2.1.1. Introduction
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Buy Now Pay Later Platforms Market Snapshot
2.4. Global Buy Now Pay Later Platforms Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Buy Now Pay Later Platforms Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
2.8. SWOT Analysis
3. Buy Now Pay Later Platforms Assessment and Analysis
3.1. Buy Now Pay Later Platforms Impact Analysis
3.2. Actions to encourage use of Buy Now Pay Later Platforms
3.3. Buy Now Pay Later Platforms Promotional Strategy Recommendation
3.4. Impact on Various Industries
3.5. Road Map Analysis
3.6. GAP Analysis
3.7. Potential Analysis
4. Covid-19 Impact on Buy Now Pay Later Platforms Market in 2020
4.1. Impact Analysis of Covid-19 on the global Buy Now Pay Later Platforms market
4.2. Effect On Value Chain
4.3. Business Impact W.R.T Revenue
4.4. Fluctuation In Service Providing
4.5. Effect On The Overall Trade
4.6. Market Impact Analysis In 2020 (Quarter Wise)
5. Global Buy Now Pay Later Platforms Market, By End Use Industries
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By End Use Industries
5.1.2. BPS Analysis, By End Use Industries
5.2. Market Revenue (US$Mn) Forecast, By End Use Industries
5.2.1. Fashion & Garment Industry
5.2.2. Electronics Industry
5.2.3. Cosmetic Industry
5.2.4. Healthcare Industry
5.2.5. Others Industry
5.3. Global Buy Now Pay Later Platforms Market Attractiveness Index, By End Use Industries
6. Global Buy Now Pay Later Platforms Market, By Organization Size
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Organization Size
6.1.2. BPS Analysis, By Organization Size
6.2. Market Revenue (US$Mn) Forecast, By Organization Size
6.2.1. SMEs
6.2.2. Large Enterprises
6.3. Global Buy Now Pay Later Platforms Market Attractiveness Index, By Organization Size
7. Global Buy Now Pay Later Platforms Market, By Region
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Region
7.1.2. BPS Analysis, By Region
7.2. Market Revenue (US$Mn) Forecast, By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. Asia Pacific
7.2.5. Middle East
7.2.6. Africa
7.3. Global Buy Now Pay Later Platforms Market Attractiveness Index, By Region
8. North America Buy Now Pay Later Platforms Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) Forecast, By Country
8.2.1. U.S. Buy Now Pay Later Platforms Market
8.2.2. Canada Buy Now Pay Later Platforms Market
8.3. North America Buy Now Pay Later Platforms Market, By End Use Industries
8.3.1. Fashion & Garment Industry
8.3.2. Electronics Industry
8.3.3. Cosmetic Industry
8.3.4. Healthcare Industry
8.3.5. Others Industry
8.4. North America Buy Now Pay Later Platforms Market Revenue (US$Mn) Forecast, By Organization Size
8.4.1. SMEs
8.4.2. Large Enterprises
8.5. North America Buy Now Pay Later Platforms Market Attractiveness Index
8.5.1. By Country
8.5.2. By End Use Industries
8.5.3. By Organization Size
9. Latin America Buy Now Pay Later Platforms Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. Brazil Buy Now Pay Later Platforms Market
9.2.2. Mexico Buy Now Pay Later Platforms Market
9.2.3. Argentina Buy Now Pay Later Platforms Market
9.2.4. Rest Of Latin America Buy Now Pay Later Platforms Market
9.3. Latin America Buy Now Pay Later Platforms Market, By End Use Industries
9.3.1. Fashion & Garment Industry
9.3.2. Electronics Industry
9.3.3. Cosmetic Industry
9.3.4. Healthcare Industry
9.3.5. Others Industry
9.4. Latin America Buy Now Pay Later Platforms Market Revenue (US$Mn) Forecast, By Organization Size
9.4.1. SMEs
9.4.2. Large Enterprises
9.5. Latin America Buy Now Pay Later Platforms Market Attractiveness Index
9.5.1. By Country
9.5.2. By End Use Industries
9.5.3. By Organization Size
10. Europe Buy Now Pay Later Platforms Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. U.K. Buy Now Pay Later Platforms Market
10.2.2. Germany Buy Now Pay Later Platforms Market
10.2.3. Italy Buy Now Pay Later Platforms Market
10.2.4. France Buy Now Pay Later Platforms Market
10.2.5. Spain Buy Now Pay Later Platforms Market
10.2.6. Russia Buy Now Pay Later Platforms Market
10.2.7. Poland Buy Now Pay Later Platforms Market
10.2.8. BENELUX Buy Now Pay Later Platforms Market
10.2.9. NORDIC Buy Now Pay Later Platforms Market
10.2.10. Rest Of Europe Buy Now Pay Later Platforms Market
10.3. Europe Buy Now Pay Later Platforms Market, By End Use Industries
10.3.1. Fashion & Garment Industry
10.3.2. Electronics Industry
10.3.3. Cosmetic Industry
10.3.4. Healthcare Industry
10.3.5. Others Industry
10.4. Europe Buy Now Pay Later Platforms Market Revenue (US$Mn) Forecast, By Organization Size
10.4.1. SMEs
10.4.2. Large Enterprises
10.5. Europe Buy Now Pay Later Platforms Market Attractiveness Index
10.5.1. By Country
10.5.2. By End Use Industries
10.5.3. By Organization Size
11. Asia Pacific Buy Now Pay Later Platforms Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. China Buy Now Pay Later Platforms Market
11.2.2. India Buy Now Pay Later Platforms Market
11.2.3. Japan Buy Now Pay Later Platforms Market
11.2.4. Australia and New Zealand Buy Now Pay Later Platforms Market
11.2.5. South Korea Buy Now Pay Later Platforms Market
11.2.6. ASEAN Buy Now Pay Later Platforms Market
11.2.7. Rest of Asia Pacific Buy Now Pay Later Platforms Market
11.3. Asia Pacific Buy Now Pay Later Platforms Market, By End Use Industries
11.3.1. Fashion & Garment Industry
11.3.2. Electronics Industry
11.3.3. Cosmetic Industry
11.3.4. Healthcare Industry
11.3.5. Others Industry
11.4. Asia Pacific Buy Now Pay Later Platforms Market Revenue (US$Mn) Forecast, By Organization Size
11.4.1. SMEs
11.4.2. Large Enterprises
11.5. Asia Pacific Buy Now Pay Later Platforms Market Attractiveness Index
11.5.1. By Country
11.5.2. By End Use Industries
11.5.3. By Organization Size
12. Middle East Buy Now Pay Later Platforms Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. GCC Countries Buy Now Pay Later Platforms Market
12.2.2. Israel Buy Now Pay Later Platforms Market
12.2.3. Rest Of Middle East Buy Now Pay Later Platforms Market
12.3. Middle East Buy Now Pay Later Platforms Market, By End Use Industries
12.3.1. Fashion & Garment Industry
12.3.2. Electronics Industry
12.3.3. Cosmetic Industry
12.3.4. Healthcare Industry
12.3.5. Others Industry
12.4. Middle East Buy Now Pay Later Platforms Market Revenue (US$Mn) Forecast, By Organization Size
12.4.1. SMEs
12.4.2. Large Enterprises
12.5. Middle East Buy Now Pay Later Platforms Market Attractiveness Index
12.5.1. By Country
12.5.2. By End Use Industries
12.5.3. By Organization Size
13. Africa Buy Now Pay Later Platforms Market, By Region
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. South Africa Buy Now Pay Later Platforms Market
13.2.2. Egypt Buy Now Pay Later Platforms Market
13.2.3. North Africa Buy Now Pay Later Platforms Market
13.2.4. Rest Of Africa Buy Now Pay Later Platforms Market
13.3. Africa Buy Now Pay Later Platforms Market, By End Use Industries
13.3.1. Fashion & Garment Industry
13.3.2. Electronics Industry
13.3.3. Cosmetic Industry
13.3.4. Healthcare Industry
13.3.5. Others Industry
13.4. Africa Buy Now Pay Later Platforms Market Revenue (US$Mn) Forecast, By Organization Size
13.4.1. SMEs
13.4.2. Large Enterprises
13.5. Africa Buy Now Pay Later Platforms Market Attractiveness Index
13.5.1. By Country
13.5.2. By End Use Industries
13.5.3. By Organization Size
14. Recommendation
14.1. Market Strategy
14.1.1. Investment Opportunity in the market
14.1.2. Geographical Opportunities
15. Competitive Landscape
15.1. Competition Dashboard
15.2. List and Company Overview of Global Key Players
15.3. Company Profiles
15.3.1. Afterpay
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. SWOT Analysis
15.3.1.5. Key Developments
15.3.1.6. Business Strategies
15.3.2. Zippay
15.3.3. VISA
15.3.4. Sezzle
15.3.5. Affirm
15.3.6. Paypal
15.3.7. Splitit
15.3.8. Latitude Financial Services
15.3.9. Klarna
15.3.10. Humm
15.3.11. Openpay
16. Acronyms
The global buy now pay later platforms market is estimated to reach at a value of US$ *** Mn by the end of 2020 and expected to reach at a value of US$ *** Mn by 2028 with a significant CAGR of ***%
The base year for the report is 2021 in buy now pay later platforms market.
The global buy now pay later platforms market is segmented on the basis of enterprise size, end-use industry, and regions.
The key participating players in global buy now pay later platforms market are Afterpay, Zippay, VISA, Sezzle, Affirm, Paypal, Splitit, Latitude Financial Services, Klarna, Humm, and Openpay, among others.
