P2P Payments Market Size, Analysis, Share, Growth to 2032

Research Methodology – P2P Payments Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the P2P Payments Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the P2P Payments Market is developed by integrating key market indicators and macroeconomic variables. These include:

Factors considered while calculating market size and share

Number of active P2P payment apps users
Volume of transactions processed through P2P payments
Average value of transactions per user
Market penetration of P2P payments in different geographical regions
Rate of adoption of digital payment methods
Overall financial technology market size
Type of transactions (domestic or international)
Demographics of P2P payment app users

Key Market Indicators

Growth rate of P2P payments market in terms of volume and value
Rate of new user acquisition for P2P payment apps
Churn rate of P2P payment apps
Market shares of leading P2P payment providers
Regulatory landscape influencing the P2P payments market
Technological advancements in the P2P payments industry
The level of competition in the P2P payments market

Growth Trends

Rapid digitization and acceptance of cashless transactions
Increasing smartphone penetration and internet connectivity
Improved trust in digital payment methods
Integration of P2P payment functionality in social media apps
Growing popularity of cross-border P2P payments
The rise of cryptocurrencies and blockchain technology
Increased use of P2P payments in e-commerce
Increased demand for P2P lending and microfinancing activities

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the P2P Payments Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the P2P Payments Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: