Omnichannel payment platform revenue to reach $108 billion by 2031

Global revenue from omnichannel payment platforms is projected to grow 57% over the next five years, increasing from $56 billion in 2026 to $108 billion by 2031. According to research from Juniper Research, this growth is driven by merchants adopting integrated solutions to streamline operational processes and reduce the burden of managing multiple payment channels.

Leading platforms are increasingly integrating with third-party services, such as enterprise resource planning (ERP) solutions, to enhance efficiency. The research identifies data consolidation as a primary strength among market leaders. Michael Greenwood, the report's author, noted that payment data is transitioning from an operational byproduct into a valuable asset that will enable advanced services like AI-powered analytics, loyalty programs, and personalization.

A new competitor leaderboard identifies the top five global leaders for 2026 as Stripe, Worldpay, PayPal, Square, and Adyen. The ranking is based on criteria including feature range, channel coverage, and future business prospects.