November 12, 2024
ICT

US Buy Now Pay Later Market Size, Growth, Report by 2033

The US buy now pay later market size is poised to grow by USD 15.94 billion by 2033 from USD 3.38 billion in 2023, exhibiting a CAGR of 16.31% during the forecast period 2024-2033. 

Key Points

  • By component, the platform/solutions segment dominated the market in 2023.
  • By purchase ticket size, the small ticket item (Up to US$ 300) segment held the dominating share of the market in 2023.
  • By business model, the business-driven segment dominated the market in 2023.
  • By mode, the online segment held the largest share of the market in 2023.
  • By vertical, the electronics segment dominated the market in 2023.

Buy Now Pay Later Market Size in the US 2024 to 2033

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the US buy now pay later market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the US buy now pay later Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

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The empirical study on the global US buy now pay later market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the US buy now pay later Market. Our market report for the US buy now pay later market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

US Buy Now Pay Late Market Companies

  • Sezzle
  • Quadpay
  • Splitit
  • Affirm Holdings Inc.
  • PayPal Holdings Inc.
  • Perpay

Data Sources and Methodology

To gather comprehensive insights on the Global US buy now pay later Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global US buy now pay later Market.

Read Also: Medical Spa Market Size to Reach USD 78.42 Billion by 2033

The most resonating, simple, genuine, and important causes because of which you must decide to buy the US buy now pay later market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2024 to 2033.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Component

  • Platform/Solutions
  • Services

By Purchase Ticket Size

  • Small Ticket Item (Up to US$ 300)
  • Mid Ticket Items (US$ 300 – US$ 1000)
  • Higher Prime Segments (Above US$ 1000)

By Business Model

  • Customer Driven
  • Business Driven

By Mode

  • Online
  • Offline

By Vertical

  • Home & Furniture
  • Electronics
  • Fashion
  • Others

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global US buy now pay later market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global US buy now pay later market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global US buy now pay later market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global US buy now pay later market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on US Buy Now Pay Late Market 

5.1. COVID-19 Landscape: US Buy Now Pay Late Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. US Buy Now Pay Late Market, By Component

8.1. US Buy Now Pay Late Market, by Component, 2024-2033

8.1.1. Platform/Solutions

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Services

8.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 9. US Buy Now Pay Late Market, By Purchase Ticket Size

9.1. US Buy Now Pay Late Market, by Purchase Ticket Size, 2024-2033

9.1.1. Small Ticket Item (Up to US$ 300)

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Mid Ticket Items (US$ 300 – US$ 1000)

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Higher Prime Segments (Above US$ 1000)

9.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 10. US Buy Now Pay Late Market, By Business Model 

10.1. US Buy Now Pay Late Market, by Business Model, 2024-2033

10.1.1. Customer Driven

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Business Driven

10.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 11. US Buy Now Pay Late Market, By Mode

11.1. US Buy Now Pay Late Market, by Mode, 2024-2033

11.1.1. Online

11.1.1.1. Market Revenue and Forecast (2021-2033)

11.1.2. Offline

11.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 12. US Buy Now Pay Late Market, By Vertical

12.1. US Buy Now Pay Late Market, by Vertical, 2024-2033

12.1.1. Home & Furniture

12.1.1.1. Market Revenue and Forecast (2021-2033)

12.1.2. Electronics

12.1.2.1. Market Revenue and Forecast (2021-2033)

12.1.3. Fashion

12.1.3.1. Market Revenue and Forecast (2021-2033)

12.1.4. Others

12.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 13. US Buy Now Pay Late Market and Trend Forecast

13.1. U.S.

13.1.1. Market Revenue and Forecast, by Component (2021-2033)

13.1.2. Market Revenue and Forecast, by Purchase Ticket Size (2021-2033)

13.1.3. Market Revenue and Forecast, by Business Model (2021-2033)

13.1.4. Market Revenue and Forecast, by Mode (2021-2033)

13.1.5. Market Revenue and Forecast, by Vertical (2021-2033)

Chapter 14. Company Profiles

14.1. Sezzle

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Quadpay

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Splitit

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Affirm Holdings Inc.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. PayPal Holdings Inc.

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Perpay

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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