Report overview
Contactless payment is gradually becoming an important part of the payments process in various industries. Consumers along with businesses are rapidly accepting various ways that are highly safe and convenient for the payment of their purchases via contactless methods including contactless wearable devices, contactless card (RFID/NFC), and devoted contactless mobile payment apps, by making use of the RFID or NFC technologies.
This report aims to provide a comprehensive presentation of the global market for Contactless Payment Transaction, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Contactless Payment Transaction. This report contains market size and forecasts of Contactless Payment Transaction in global, including the following market information:
Global Contactless Payment Transaction Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Contactless Payment Transaction market was valued at US$ 67610 million in 2022 and is projected to reach US$ 397700 million by 2029, at a CAGR of 28.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Wearable Devices Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Contactless Payment Transaction include Barclays, Apple Inc, Gemalto NV, Heartland Payment Systems Inc, Giesecke & Devrient GmbH, Ingenico Group, On Track Innovations Ltd, Inside Secure and Samsung Electronics Ltd, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Contactless Payment Transaction companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contactless Payment Transaction Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Contactless Payment Transaction Market Segment Percentages, by Type, 2022 (%)
Wearable Devices
Contactless Card (RFID/NFC)
Contactless Mobile Payment
Global Contactless Payment Transaction Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Contactless Payment Transaction Market Segment Percentages, by Application, 2022 (%)
Transport
Hospitality
Media and Entertainment
Healthcare
Retail
Global Contactless Payment Transaction Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Contactless Payment Transaction Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contactless Payment Transaction revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Contactless Payment Transaction revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Barclays
Apple Inc
Gemalto NV
Heartland Payment Systems Inc
Giesecke & Devrient GmbH
Ingenico Group
On Track Innovations Ltd
Inside Secure
Samsung Electronics Ltd
Wirecard AG
Verifone Systems Inc
Outline of Major Chapters:
Chapter 1: Introduces the definition of Contactless Payment Transaction, market overview.
Chapter 2: Global Contactless Payment Transaction market size in revenue.
Chapter 3: Detailed analysis of Contactless Payment Transaction company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Contactless Payment Transaction in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.