Global spending on digital commerce will reach US$18.7 trillion by 2024, up from $11.2 trillion in 2019 - an increase of 66% over the forecast period, according to a new report.
The total value of B2B cross-border payments immutably stored on blockchain will exceed US$4.4 trillion by 2024 - up from US$171 billion in 2019, according to Juniper Research.
Global revenue from payment platforms that enables merchants to process payments will grow from US$106 billion in 2019 to US$158 billion by 2024, according to Juniper Research.
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