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Total B2B payments market size in Asia-Pacific (APAC) in 2022 and 2023, with a forecast for 2031 (in billion U.S. dollars)

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Source

Release date

November 2023

Region

APAC

Survey time period

May 2023

Special properties

CAGR for 2023–2031 equals 9.4 percent, according to calculations from ÌÇÐÄÆƽâ°æ

Supplementary notes

The source did not provide figures for individual countries in Asia-Pacific.

Citation formats

B2B payments market size in Asia-Pacific (APAC) 2023, with a 2031 forecast

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

B2B payments in Asia-Pacific are projected to reach well over *** billion USD in 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. APAC's B2B payments market value could reach over billion U.S. dollars by 2031, for an estimated **** percent CAGR (2022-2031). The source does not provide further figures on specific B2B categories, such as cross-border payments. Cross-border payment services - which includes B2B - in Asia-Pacific was said to be around ** billion U.S. dollars in 2022.

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