Buy Now Pay Later Platform Market Key Developments, Research Methodology and Top Player Forecast Overview Till 2031
The buy now pay later platform market revenue totaled ~US$ 5.2 Bn in 2020, according to Future Market Insights (FMI). The overall market is expected to reach ~US$ 46.9 Bn by 2031, growing at a CAGR of 22.4% for 2021 – 31.
The report also forecasts that the market will surpass a valuation of ~US$ 6.2 Bn by the end of 2021. As per FMI, presence of application programming interface (APIs) and rapid technological advancements have created ample opportunities for buy now pay later platforms. These technologies have be****e essential in improving economic ****petitiveness, thereby propelling the market growth.