Leader in Payments IT Services
Recognized for end-to-end services and sustainable payments
NTT DATA has been named a Leader in Everest Group’s Payments IT services PEAK Matrix® Assessment 2025.* The assessment highlights our strengths in IT services across the full payments lifecycle, as well as our experience in designing payment infrastructures.
Read the assessment for insights into how the payments technology market is changing as organizations modernize legacy platforms, and how ISO 20022, digital currencies, tokenized assets and compliance are affecting technology priorities.
FAQs
What is driving modernization in payments?
AI enabled delivery, modernization scale, compliance alignment, and co innovation ecosystems.
What is the market size?
Estimated $18B to $18.5B for 2025, growing by 3.5% to 4% in 12 to 18 months.
What types of providers were assessed?
32 global leaders, major contenders and aspirants in payments IT services.
What areas show strongest investment?
AI automation, cloud native hubs, fraud intelligence, compliance tools.
What capabilities are buyers prioritizing?
AI enabled delivery, modernization scale, compliance alignment, and co innovation ecosystems.
- ISO 20022 and real time initiatives are accelerating payment modernization worldwide.
- AI and agentic automation reshape testing, validation, fraud detection and compliance.
- Providers increasingly shift from FTE based models to value linked engagements.
- Digital assets, tokenization, and central bank digital currency (CBDC) readiness influence technology strategies.
Key findings:
- Modernization scale: Large providers dominate multi region programs covering ISO 20022, real time payments, and card modernization.
- AI driven delivery: Providers embed gen AI across validation, analytics and compliance to accelerate delivery.
- Ecosystem collaboration: Co-innovation with hyperscalers, fintechs and payment networks is now a key differentiator.
- Outcome based models: Enterprises seek modular, accountable, value linked commercial structures.
Key stats
$18B-$18.5B
Estimated 2025 market size
3.5%-4% CAGR
Expected growth over 12–18 months
32
Providers evaluated across global payments IT services
About Everest Group
Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com.
Disclaimer
Licensed extracts taken from Everest Group's PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group's PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group's analysts and included in Everest Group's PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.