B2B payments in the United States are projected to reach well over 197 billion USD by 2023, and forecasts say it will continue to grow up until 2031. This is according to a research calculation that starts off in 2022 and models the future growth of business-to-business transactions within the country. U.S. B2B payments market value could reach over 390 billion U.S. dollars by 2031, for an estimated 9.0 percent CAGR (2023-2031). The source does not provide further figures on specific B2B categories, such as cross-border payments. Cross-border payment services - which includes B2B - in North America was said to be around 36 billion U.S. dollars in 2022.
Total B2B payments market size in the United States in 2022 and 2023, with forecasts for 2030 and 2031
(in billion U.S. dollars)
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Straits Research, & Statista. (May 26, 2023). Total B2B payments market size in the United States in 2022 and 2023, with forecasts for 2030 and 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 16, 2024, from https://www.statista.com/statistics/1448738/b2b-payments-value-in-usa/
Straits Research, und Statista. "Total B2B payments market size in the United States in 2022 and 2023, with forecasts for 2030 and 2031 (in billion U.S. dollars)." Chart. May 26, 2023. Statista. Accessed November 16, 2024. https://www.statista.com/statistics/1448738/b2b-payments-value-in-usa/
Straits Research, Statista. (2023). Total B2B payments market size in the United States in 2022 and 2023, with forecasts for 2030 and 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 16, 2024. https://www.statista.com/statistics/1448738/b2b-payments-value-in-usa/
Straits Research, and Statista. "Total B2b Payments Market Size in The United States in 2022 and 2023, with Forecasts for 2030 and 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 May 2023, https://www.statista.com/statistics/1448738/b2b-payments-value-in-usa/
Straits Research & Statista, Total B2B payments market size in the United States in 2022 and 2023, with forecasts for 2030 and 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1448738/b2b-payments-value-in-usa/ (last visited November 16, 2024)
Total B2B payments market size in the United States in 2022 and 2023, with forecasts for 2030 and 2031 (in billion U.S. dollars) [Graph], Straits Research, & Statista, May 26, 2023. [Online]. Available: https://www.statista.com/statistics/1448738/b2b-payments-value-in-usa/
