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Online Payment Processing Software Developers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Online Payment Processing Software Developers Market Research Report | Technology | E-commerce Technologies | Jul 2012

Across the wire: Strong growth will continue as mobile payment systems become commonplace

IBISWorld’s Online Payment Processing Software Developers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
eBay eBay market share
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 07-12
20.6%
Annual Growth 12-17
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Profit
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Employment
17,174
Businesses
1,138
Industry Analysis & Industry Trends

Across the wire

The Online Payment Processing Software Developers industry has grown tremendously since 2007 and shows no sign of stopping over the next five years. As per capita disposable income is set to increase, more consumers will make purchases online, securing revenue for companies in this industry. Despite extremely positive forecasts, one threat remains, which is external competition. Some merchants will not accept payments from online payment processors, and thus will limit the industry's revenue inputs.... purchase to read more

Industry Report - Industry Locations Chapter

The Online Payment Processing Software Developers industry, in line with the software sector as whole, tends to cluster in geographic areas with a high concentration of other technology firms and prominent universities. Since the quality of a software product is only as good as the programmers who create it, firms place a premium on maintaining close proximity to highly-skilled college graduates.

The West region's share of industry establishments (26.0%) is indicative of the prominence of California's Silicon Valley region which is home to a multitude of technology start-ups and software development firms. Indeed, California accounts for about 17.7% of industry establishments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Payment Processing Software Developers Industry?

This industry comprises establishments primarily engaged in providing online payments processing software. Online payments processing software enables merchants to authorize, settle and manage credit card and electronic check transactions via Web sites.

Industry Products
Merchant accountsThird-party processors
 
Industry Activities
Developing online payment processing platformsDeveloping mobile online payment processing platformsPreventing and investigating fraud on online payment processing platforms


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