Market size · worldwide

Payments and fintech (worldwide)

Payment revenues and the financial technology built on them, across countries.

Forge’s own description of what this market covers. A ruler for the size of a market, read once a year from the publishers below — it holds no sector and no company.

As its publishers state it

$2.00 tn2025 · Boston Consulting Group · USD$2.60 tn by 2030 · 5.4 % a year — Boston Consulting Group’s outlook, not Forge’s
$2.50 tn2024 · McKinsey & Company · USD$3.00 tn by 2029 · 3.7 % a year — McKinsey & Company’s outlook, not Forge’s

As of Sep 30, 2026 · 18 figures carried · never averaged, never Forge’s.

How big this market is, as its publishers state it

as of Sep 30, 2026 · 18 figures carried

2 publishers carried, 2019–2030, 2 with a published outlook, the furthest to 2030. Figures are the publishers’ own, shown side by side and never averaged.

Last read Sep 30, 2026: wrote 0 figures and 2 stated rates, refused 4 already stored.

Forge measures none of this. A statistical body publishes the history and its own outlook; Forge copies the figures with the sentence each came from and refreshes once a year, when the publishers do. A growing market says you are not building into a headwind — it says nothing about whether this application has customers.

Where its publishers say it is going

  • $2.60 tnby 2030 · Boston Consulting Group’s outlook, published 20265.4 % a year from $2.00 tn in 2025, implied by its own two figures

    Boston Consulting Group: projects to 2030 from 2025, its last observed year — 5.4 % a year implied by its own two figures; Boston Consulting Group itself states 5.0 % a year over 2025–2030.

    In Boston Consulting Group’s words, 2025–2030 (published 2026): Compound annual growth will hover at just 5% over the next five years. source

  • $3.00 tnby 2029 · McKinsey & Company’s outlook, published 20253.7 % a year from $2.50 tn in 2024, implied by its own two figures

    McKinsey & Company: projects to 2029 from 2024, its last observed year — 3.7 % a year implied by its own two figures; McKinsey & Company itself states 4.0 % a year over 2024–2029.

    In McKinsey & Company’s words, 2024–2029 (published 2025): we forecast industry revenue growth to maintain an average annual growth rate of 4% through 2029 source

  • Boston Consulting Group· outlook dashed, one segment per release (2023, 2025, 2026)
  • McKinsey & Company· outlook dashed, one segment per release (2021, 2023, 2024, 2025)
Boston Consulting GroupUSD · latest release 2026 · outlook after 2025

Boston Consulting Group: 2019–2025 has a gap, so no rate is computed across it.

YearFigureKindPublishedIn the publisher’s words
2019$1.50 tnhistory2021Overall, payments revenues globally declined only marginally in percentage terms from 2019 to 2020 and stayed at roughly $1.5 trillion year on year.As the read noted: Figure represents revenue level common to 2019 and 2020 per BCG's own statement. source
2020$1.50 tnhistory2021Overall, payments revenues globally declined only marginally in percentage terms from 2019 to 2020 and stayed at roughly $1.5 trillion year on year. source
2022$1.60 tnhistory2023the payments industry revenue pool grew by 8.3% between 2017 and 2022 to reach $1.6 trillionAs the read noted: Sourced from a PRNewswire release describing BCG's Global Payments Report 2023; BCG's own report page was not directly located in search results. source
2024$1.90 tnhistory2025Global payments revenue reached $1.9 trillion in 2024, but future growth will slow.As the read noted: This PRNewswire release is BCG's own press release for its 23rd Annual Global Payments Report (2025). source
2025$2.00 tnhistory2026Global payments revenues totaled almost $2.0 trillion in 2025 and will reach nearly $2.6 trillion by 2030. source
2027$2.20 tnBoston Consulting Group’s outlook2023BCG's 21st annual analysis of the global payments industry estimates that overall revenue growth will slow from today's levels to a compound annual growth rate (CAGR) of 6.2% between now and 2027, taking the global revenue pool to $2.2 trillion.As the read noted: Sourced from PRNewswire release describing BCG's Global Payments Report 2023. source
2029$2.40 tnBoston Consulting Group’s outlook2025Global payments revenue is projected to grow to $2.4 trillion by 2029, according to new research from Boston Consulting Group (BCG).As the read noted: This PRNewswire release is BCG's own press release for its 23rd Annual Global Payments Report (2025). source
2030$2.60 tnBoston Consulting Group’s outlook2026 (+2 earlier)Global payments revenue will hit $2.6 trillion by 2030 as growth slows to 5% annually, down from 8%. source
McKinsey & CompanyUSD · latest release 2025 · outlook after 2024

McKinsey & Company: 2020–2024 has a gap, so no rate is computed across it.

YearFigureKindPublishedIn the publisher’s words
2020$1.90 tnhistory2021Payments revenue did indeed decline—to $1.9 trillion globally—but by less than we anticipated last fall. source
2022$2.20 tnhistory2023Payments revenue grew at 11% in 2022, reaching an all time high of $2.2 trillion.As the read noted: Sourced from a page summarizing McKinsey's Global Payments Report 2022 (published September 2023); McKinsey's own page not directly accessed for this year's figure. source
2023$2.40 tnhistory2024In 2023, the global payments industry handled 3.4 trillion transactions, accounting for $1.8 quadrillion in value and a revenue pool of $2.4 trillion. source
2024$2.50 tnhistory2025The global payments industry is a valuable segment of the financial-services sector, generating $2.5 trillion in revenue, supported by 3.6 trillion transactions. source
2025$2.50 tnMcKinsey & Company’s outlook2021McKinsey projects a return to historical mid-single-digit growth rates, generating 2025 global payments revenue of roughly $2.5 trillion. source
2027$3.00 tnMcKinsey & Company’s outlook2023It is expected that this would reach $3 trillion by 2027.As the read noted: Sourced from a page summarizing McKinsey's Global Payments Report 2022; McKinsey's own page not directly accessed for this figure. source
2028$3.10 tnMcKinsey & Company’s outlook2024This will result in an additional $700 billion of revenue, for $3.1 trillion, by the end of 2028 source
2029$3.00 tnMcKinsey & Company’s outlook2025The 2025 McKinsey Global Payments Report estimates global payments revenues to reach $3 trillion by 2029, after generating $2.5 trillion in revenue from $2.0 quadrillion in value flows last year.As the read noted: Figure attributed to McKinsey's 2025 Global Payments Report but only located on a third-party page (PaySpace Magazine) quoting the report; no direct mckinsey.com page with this exact $3T-by-2029 figure was found in search. source

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