This press release was originally distributed by SBWire

London, United Kingdom – (SBWIRE) – 10/13/2022 – Latest publication titled Buy Now Pay Later (BNPL) Market 2021-2026 has been added to the GlobalData Plc Report Store. GlobalData analysts predict that the market will grow at a rapid CAGR of 33.3% from $141.6 billion in 2021. This significant growth of the BNPL market is mainly due to the increasing popularity of online payments. The digital payments and various methods of money transfer that have mushroomed online in the wake of the pandemic have made BNPL a popular choice among GenZ and millennials.

View Outlook report at: https://www.globaldata.com/store/report/buy-now-pay-later-market-analysis/

This market intelligence report provides in-depth, forward-looking analysis of the global BNPL market by channel type, business model, spend category, and key opportunities in a concise format to help business executives devise proactive and profitable growth strategies. The report, which accompanies GlobalData’s Forecast products, examines the assumptions and drivers behind current and upcoming trends in the BNPL markets.

Key growth drivers and challenges of BNPL market

Market leader:
– The proliferation of online payments
– Growth of social media & e-commerce
– Technological advances in super apps and machine learning

market challenges
– BNPL regulation
– Failure to properly disclose terms and conditions
– Strong Customer Authentication (SCA) and BNPL credit approval process

Download the sample PDF for additional insight into key market dynamics at: https://www.globaldata.com/store/talk-to-us/?report=3246179

Key BNPL Market Analysis

This thematic study has separated the analysis based on different parameters such as:
– Mergers & Acquisitions
– Patent analysis
– Job analysis
– Venture finance analysis
– Social media analysis
– PORTER’s Five Forces Analysis
– Market variables and impact analysis

For detailed highlights of each analysis, request a sample PDF now at: