MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled GCC P2P Payment Market Research Report: Forecast (2024-2030). This report provides a detailed assessment of the GCC P2P Payment Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2019-22
  • Base Years: 2023
  • Forecast year - 2024-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/gcc-p2p-payment-market.html  (Discover the market potential, platform-specific insights, and key industry trends.)

GCC P2P Payment Market Outlook

According to the report, The GCC P2P Payment Market is estimated to grow at a CAGR of around 8.68% during the forecast period, i.e., 2024-30. The prevalence of smartphones, fast internet connectivity, and sophisticated mobile apps has resulted in the widespread acceptance of convenient digital payment alternatives in the Gulf Cooperation Council (GCC) region.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

GCC P2P Payment Market Drivers:

Prospering E-commerce Industry Driving the Rapid Development of Digital Payment in Gulf Countries – The surge in the e-commerce industry in GCC countries like the UAE, Saudi Arabia, Kuwait, Bahrain, etc., is fueling a significant transformation of the consumer experience and prompting the rise of digital payments. Several factors have contributed to the buoyant growth of the e-commerce sector in the region. These include the increasing popularity of social commerce & significant investments in infrastructure, such as efficient fulfillment centers, initiatives by the Dubai Free Zones Council, and strategic partnerships, like the collaboration between Noon.com and eBay.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/gcc-p2p-payment-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

GCC P2P Payment Market Trends:

Emergence of Blockchain Technology is Gaining Momentum – Blockchain technology is emerging as a trend for GCC countries in the development of financial services. WadzPay, a leading Blockchain digital assets payment present in the MENA region, has been implementing digital asset solutions with specific emphasis in the UAE and Saudi Arabia. According to the Cryptocurrency report, Saudi Arabia leads the world in year-over-year crypto-transaction growth.

GCC P2P Payment Market Segmentation

The study categorizes the GCC P2P Payment Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Transaction Mode

  • Short Message Service (SMS)
  • Mobile Apps
  • Smartcard/NFC (Near field communication)
  • Others (Bank Transfers, Digital Wallets, etc.)

By Location

  • Remote Payment
  • Proximity Payment

By End User

  • Retail & E-Commerce
  • Travel & Hospitality
  • Transportation & Logistics
  • BFSI
  • Healthcare
  • Others (IT & Telecom, Media & Entertainment, etc.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Country

  • Saudi Arabia
  • The UAE
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/gcc-p2p-payment-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in GCC P2P Payment Market Worldwide: Players, Analysis & Future Outlook

Paypal, Apple Pay, Venmo, Cash App, Google Pay, Square Cash, Zelle, Noon Pay, Mamo Pay, Ziina Pay, MoneyGram International, Inc., Beyon Money, Others are the top companies in the GCC P2P Payment Market.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/gcc-p2p-payment-market.html  

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the GCC P2P Payment Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the GCC P2P Payment Market?
4. Who are the prominent players in the GCC P2P Payment Market?
5. How is the competition structured in this market?
6. How can I access the full report?

About Us

MarkNtel Advisors is a prominent market research and consulting firm delivering data-driven insights across the financial technology (FinTech) ecosystem, including omnichannel banking, digital payments, and core banking infrastructure. We analyze digital transformation trends and regulatory frameworks to help financial institutions and investors build future-ready strategies. Through Competitive Intelligence, we provide clients with benchmarking tools and strategic assessments that foster innovation, compliance, and market leadership in the evolving world of financial technology.

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Contact No: +91 8719999009

Email: sales@marknteladvisors.com

Website: https://www.marknteladvisors.com

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