Contactless Payment Market

1
Contactless Payment Market Market Worth US
5490.2 Billion By 2027
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2
Segmentation of the Contactless Payment Report

• Contactless Payment Market by Device
• Smartphones Wearables
• Smart Cards
• Point-of-Sales (POS) Terminals
• Contactless Payment Market by Application
• Food Groceries
• Healthcare
• Restaurants Bars
• Consumer Electronics
• Entertainment
• Others

3
Contactless Payment Market Summery

• The global contactless payment market size was
  US 1,493.2 billion in 2020 and expected to reach
  US 5,490.2 million by 2027 this converts into a
  compound annual growth rate (CAGR) of 21.1 for
  the forecast period.
• Contactless payment systems consist of several
  devices such as smart cards, smartphones, credit
  debit cards, and others. These payments are
  carried out in close physical proximity ensuring
  security and preventing illegal access during the
  transactions. Factors such as increasing adoption
  of digital payments, technological advancements
  in payment devices and rising demand for mobile
  wearable payment devices are boosting the growth
  of the contactless payment market.
• On the basis of device, the smartphones
  wearables segment held the largest market share
  in 2020, while the point-of-sales (POS) terminals
  segment accounted for 27.7 market share in the
  same year followed by the smart cards segment.
• Key Findings
• Based on the device, smartphones wearables
  segment accounted for the largest market share
• On the basis of application, entertainment is the
  fastest growth segment
• On the basis of region, Europe held the largest
  market share in the year 2020

4
Contactless Payment Market Key Vendors

• Gemalto N.V.
• Giesecke Devrient GmbH
• Visa Inc.
• Heartland Payment Systems
• Verifone Systems Inc.
• Ingenico Group SA
• On Track Innovations (OTI) Ltd
• IDEMIA, Thales Group
• Wirecard AGand Among Others

5
Major Regions Covered in Report

• Regional Overview Analysis of Contactless
  Payment Market
• North America (US and Canada)
• Europe (UK, Germany, France and Rest of Europe)
• Asia Pacific (China, Japan, India and Rest of
  Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin
  America)
• Middle East Africa (GCC and Rest of Middle East
  Africa)
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6
Key Highlights of Contactless Payment Market
Report

• Overview of key market forces boosting and
  restraining market growth
• Up-to-date analyses of market trends and
  technological improvements
• Pin-point analyses of market competition to offer
  you a competitive edge
• Major competitors strategies analysis
• SWOT analysis of major industry segments
• Detailed analyses of Contactless Payment market
  trends
• An appropriately defined technological growth map
  with Covid19 impact analysis
• A clear understanding of the competitive
  landscape and key product segments
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  https//www.alltheresearch.com/sample-request/696

7
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8
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9
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