How big this market is, as its publishers state it
as of Sep 30, 2026 · 18 figures carried2 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 Group: 2019–2025 has a gap, so no rate is computed across it.
| Year | Figure | Kind | Published | In the publisher’s words |
|---|---|---|---|---|
| 2019 | $1.50 tn | history | 2021 | Overall, 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 tn | history | 2021 | Overall, 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 tn | history | 2023 | the 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 tn | history | 2025 | Global 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 tn | history | 2026 | Global payments revenues totaled almost $2.0 trillion in 2025 and will reach nearly $2.6 trillion by 2030. source |
| 2027 | $2.20 tn | Boston Consulting Group’s outlook | 2023 | BCG'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 tn | Boston Consulting Group’s outlook | 2025 | Global 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 tn | Boston Consulting Group’s outlook | 2026 (+2 earlier) | Global payments revenue will hit $2.6 trillion by 2030 as growth slows to 5% annually, down from 8%. source |
McKinsey & Company: 2020–2024 has a gap, so no rate is computed across it.
| Year | Figure | Kind | Published | In the publisher’s words |
|---|---|---|---|---|
| 2020 | $1.90 tn | history | 2021 | Payments revenue did indeed decline—to $1.9 trillion globally—but by less than we anticipated last fall. source |
| 2022 | $2.20 tn | history | 2023 | Payments 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 tn | history | 2024 | In 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 tn | history | 2025 | The 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 tn | McKinsey & Company’s outlook | 2021 | McKinsey projects a return to historical mid-single-digit growth rates, generating 2025 global payments revenue of roughly $2.5 trillion. source |
| 2027 | $3.00 tn | McKinsey & Company’s outlook | 2023 | It 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 tn | McKinsey & Company’s outlook | 2024 | This will result in an additional $700 billion of revenue, for $3.1 trillion, by the end of 2028 source |
| 2029 | $3.00 tn | McKinsey & Company’s outlook | 2025 | The 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 |
Other markets in Worldwide
What else the yearly read measures in this region.
- Healthcareworldwide$9.80 tn2022 · World Health OrganizationNo outlook published by World Health Organizationas of Sep 30, 2026
- IT spendingworldwide$5.56 tn2025 · Gartner$6.37 tn by 2026 · 14.7 % a year · Gartner’s outlookas of Sep 30, 2026
- AIworldwide$1.79 tn2025 · Gartner · +1 more, never averaged$3.64 tn by 2027 · 42.5 % a year · Gartner’s outlookas of Sep 30, 2026
- E-commerceworldwide$6.42 tn2025 · eMarketer · +1 more, never averaged$8.91 tn by 2030 · eMarketer’s outlookas of Sep 30, 2026
- Energyworldwide$3.30 tn2025, an outlook · International Energy AgencyNo outlook published by International Energy Agencyas of Sep 30, 2026
- Automotiveworldwide$2.75 tn2025 · Mordor Intelligence · +1 more, never averaged$3.26 tn by 2030 · 3.5 % a year · Mordor Intelligence’s outlookas of Oct 1, 2026
- Telecommunicationsworldwide$1.19 tn2025 · GSMA$1.36 tn by 2030 · 2.7 % a year · GSMA’s outlookas of Sep 30, 2026
- Travel and tourismworldwide$1.90 tn2025 · UN Tourism · +1 more, never averagedNo outlook published by UN Tourismas of Sep 30, 2026