India Unified Payments Interface (UPI) Market 2024-2028
Incremental Growth2024-2028 (US$million)
699018
2024 Year-over-Year Growth
130.6%
CAGR (2024-2028)
205.6%
Report Coverage
Country
Unified Payments Interface (Upi) Segmentation
Market Segmentation & Scope
Market Size 2018 - 2028 (US$ Million)
Market is segmented by Application into Money transfers, Bill payments, Point of sale, Others
The Money transfers is expected to be largest growing segment during 2024-2028
Largest Segment - Money transfers
US$ 2,100.70 Million
Unified Payments Interface (Upi) by Application into Money transfers; 2018-2028 (US$ Million)
Money transfers Market Revenue and Forecast 2018-2028 (US$ Million)Money transfers
- Money transfers Market Size and Forecast 2018 to 2028 (US$ Million)
Unified Payments Interface (Upi) by Application into Bill payments; 2018-2028 (US$ Million)
Bill payments Market Revenue and Forecast 2018-2028 (US$ Million)Bill payments
- Bill payments Market Size and Forecast 2018 to 2028 (US$ Million)
Unified Payments Interface (Upi) by Application into Point of sale; 2018-2028 (US$ Million)
Point of sale Market Revenue and Forecast 2018-2028 (US$ Million)Point of sale
- Point of sale Market Size and Forecast 2018 to 2028 (US$ Million)
Unified Payments Interface (Upi) by Application into Others; 2018-2028 (US$ Million)
Others Market Revenue and Forecast 2018-2028 (US$ Million)Others
- Others Market Size and Forecast 2018 to 2028 (US$ Million)
Market is segmented by Type into P2P, P2M
The P2P is expected to be largest growing segment during 2024-2028
Largest Segment - P2p
US$ 2,913.30 Million
Unified Payments Interface (Upi) Size by Segmentation, by Type (US$ Million)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P2P | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | |
| P2M | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Unified Payments Interface (Upi) by Type into P2P; 2018-2028 (US$ Million)
P2P Market Revenue and Forecast 2018-2028 (US$ Million)P2P
- P2P Market Size and Forecast 2018 to 2028 (US$ Million)
Unified Payments Interface (Upi) by Type into P2M; 2018-2028 (US$ Million)
P2M Market Revenue and Forecast 2018-2028 (US$ Million)P2M
- P2M Market Size and Forecast 2018 to 2028 (US$ Million)
Major Companies
Market Companies
| Name | Profile | Employees | Headquarters | Website | |
|---|---|---|---|---|---|
| Alphabet Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Amazon.com Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Apple Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Axis Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Bank of Baroda | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Bharti Airtel Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Central Bank of India | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Dreamplug Technologies Pvt. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| HDFC Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| ICICI Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Kotak Mahindra Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Meta Platforms Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| One MobiKwik System Pvt. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| One97 Communications Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Reliance Industries Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Samsung Electronics Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| South Indian Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| State Bank of India | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Union Bank of India | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Walmart Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Yes Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
Unified Payments Interface (Upi) Scope
- By Application
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Application, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Application, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
- Absolute $ Opportunity Analysis By Application, 2024 to 2028
- By Type
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Type, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Type, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
- Absolute $ Opportunity Analysis By Type, 2024 to 2028
- By Region
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
Major Companies
Market companies
| Name | Profile | Employees | Headquarters | Website | |
|---|---|---|---|---|---|
| Alphabet Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Amazon.com Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Apple Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Axis Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Bank of Baroda | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Bharti Airtel Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Central Bank of India | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Dreamplug Technologies Pvt. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| HDFC Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| ICICI Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Kotak Mahindra Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Meta Platforms Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| One MobiKwik System Pvt. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| One97 Communications Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Reliance Industries Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Samsung Electronics Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| South Indian Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| State Bank of India | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Union Bank of India | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Walmart Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Yes Bank Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
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