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Total B2B payments market size in Europe in 2022 and 2023, with forecasts for 2030 and 2031 (in billion U.S. dollars)

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Sources

Release date

November 2023

Region

Europe

Survey time period

May 2023

Special properties

CAGR for 2023–2031 equals 6.9 percent, according to calculations from ÌÇÐÄÆƽâ°æ

Supplementary notes

The source did not provide figures for individual countries in Europe, except for the United Kingdom and Germany.

Citation formats

B2B payments market size in Europe 2023, with a 2031 forecast

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 4, 2024

B2B payments in Europe are projected to reach well over *** billion USD by 2023, and forecasts say it will continue to grow up until 2031. This is according to a research calculation that starts off in 2022 and models the future growth of business-to-business transactions within the country. Europe's B2B payments market value could reach over *** billion U.S. dollars by 2031, for an estimated *** percent CAGR (2023-2031). The source does not provide further figures on specific B2B categories, such as cross-border payments. Cross-border payment services - which includes B2B - in Europe, the Middle East, and Africa (EMEA) was said to be around ** billion U.S. dollars in 2022.

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