+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Contactless Payment Market Size, Share & Trends Analysis Report by Device, by Solution (Payment Terminal Solution, Security & Fraud Management), by Application, by Region, and Segment Forecasts, 2021-2028

  • ID: 4429692
  • Report
  • February 2021
  • Region: Global
  • 120 pages
  • Grand View Research

FEATURED COMPANIES

  • Gemalto N.V.
  • Giesecke & Devrient GmbH
  • Heartland Payment Systems
  • Ingenico Group SA
  • Thales Group
  • Verifone Systems Inc.
The global contactless payment market size is expected to reach USD 6.25 trillion by 2028. It is anticipated to register a CAGR of 20.3% from 2021 to 2028. Various benefits, such as improved service delivery and reduction in transaction time offered by contactless payments, are expected to propel market growth over the forecast period.



Customers can immediately complete transactions with the tap of a card. Increasing integration of contactless payment technologies in smartphones and mobile handsets is expected to fuel the market growth. Numerous customers across the globe are purchasing services or products with the use of devices, such as wearables, key fobs, smart cards, and smartphones, among others. This, as a result, is anticipated to drive market growth over the forecast period.

Contactless payment uses Near Field Communication (NFC) and Radio-frequency Identification (RFID) technologies to facilitate easy money transactions. Various benefits, such as real-time transaction processing and secured transactions, are driving the adoption of contactless payment solutions. An increase in the adoption of technology by wholesalers or merchants for small value transactions is further expected to propel market growth.

The outbreak of the COVID-19 pandemic is expected to favorably impact the market. The COVID-19 outbreak is anticipated to change the payment behavior by users and firms as the World Health Organization (WHO) has been guiding customers to avoid cash handling and shift to contactless payments. This is expected to create growth opportunities for the market over the forecast period.

Contactless Payment Market Report Highlights

  • Increasing demand for secure and reliable payment transactions across the globe is expected to propel the smart cards segment growth over the forecast period
  • Numerous banks across the globe are focusing on integrating machine learning (ML), and artificial intelligence (AI) integrated security and fraud management solution to secure their payment transactions.
  • The COVID-19 pandemic has inspired retailers across the globe to turn to technology to help their businesses increase productivity, plan better, and serve their customers efficiently. This, as a result, is expected to create growth opportunities for contactless payment solutions in the retail industry
  • The presence of a large number of prominent market players in North America is expected to create growth opportunities for the regional market growth over the forecast period

This report will be delivered within 1-3 business days

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Gemalto N.V.
  • Giesecke & Devrient GmbH
  • Heartland Payment Systems
  • Ingenico Group SA
  • Thales Group
  • Verifone Systems Inc.
Chapter 1 Methodology and Scope
1.1 Information Procurement and Research Scope
1.2 Information Analysis
1.3 Market formulation & data visualization
1.4 Market Scope and Assumptions
1.4.1 Secondary sources
1.4.2 Primary sources

Chapter 2 Executive Summary
2.1 Contactless Payment Market - Industry Snapshot & Key Buying Criteria, 2016 -2028
2.2 Global Contactless Payment Market, (in USD Billion, from 2016 to 2028)
2.1.1 Global contactless payment market, by device (in USD Billion, from 2016 to 2028)
2.1.2 Global contactless payment market, by solution (in USD Billion, from 2016 to 2028)
2.1.3 Global contactless payment market, by application (in USD Billion, from 2016 to 2028)
2.1.4 Global contactless payment market, by region (in USD Billion, from 2016 to 2028)

Chapter 3 Industry Outlook
3.1 Market Segmentation
3.2 Contactless Payment Market Size and Growth Prospects
3.3 Contactless Payment Market Value Chain Analysis
3.4 Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Rising adoption of digital payment platforms
3.4.1.2 Growing customer convenience for low value payment
3.4.1.3 Technology innovation in contactless payment devices and services
3.4.2 Market restraint analysis
3.4.2.1 Risk of cyber attack
3.4.2.2 Lack of infrastructure in developing economies
3.4.3 Market opportunity analysis
3.4.3.1 Emerging digital currency
3.5 Key Opportunities - Prioritized
3.6 Key Company Analysis, 2020
3.7 List of Key Market Players
3.8 Industry Analysis - Porter’s Five Forces Analysis
3.9 Contactless Payment Market - PESTEL Analysis
3.10 Key Regulatory Industry Initiatives, 2020

Chapter 4 Contactless Payment Market : Device Estimates & Trend Analysis
4.1 Contactless Payment Market: Device Movement Analysis
4.1.1 Smartphones and wearables
4.1.1.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
4.1.2 Point-of-sales terminals
4.1.2.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
4.1.3 Smart cards
4.1.3.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)

Chapter 5 Contactless Payment Market: Solution Estimates & Trend Analysis
5.1 Contactless Payment Market: Solution Movement Analysis
5.1.1 Payment terminal solution
5.1.1.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
5.1.2 Transaction management
5.1.2.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
5.1.3 Security and fraud management
5.1.3.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
5.1.4 Hosted point-of-sales
5.1.4.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
5.1.5 Analytics
5.1.5.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)

Chapter 6 Contactless Payment Market: Application Estimates & Trend Analysis
6.1 Contactless Payment Market: Application Movement Analysis
6.1.1 Retail
6.1.1.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
6.1.2 Transportation
6.1.2.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
6.1.3 Healthcare
6.1.3.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
6.1.4 Hospitality
6.1.4.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
6.1.5 Government
6.1.5.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)

Chapter 7 Contactless Payment Market: Regional Estimates & Trend Analysis
7.1 Contactless Payment Market share by Region
7.2 North America
7.2.1 North America market place: Key takeaways
7.2.2 North America contactless payment market
7.2.2.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.2.3 U.S. contactless payment market
7.2.3.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.2.4 Canada contactless payment market
7.2.4.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.2.5 Mexico contactless payment market
7.2.5.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.3 Europe
7.3.1 Europe market place: Key takeaways
7.3.2 Europe contactless payment market
7.3.2.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.3.3 Germany contactless payment market
7.3.3.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.3.4 U.K. contactless payment market
7.3.4.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.3.5 France contactless payment market
7.3.5.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.3.6 Italy contactless payment market
7.3.6.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.3.7 Spain contactless payment market
7.3.7.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.4 Asia Pacific
7.4.1 Asia Pacific market place: Key takeaways
7.4.2 Asia Pacific contactless payment market
7.4.2.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.4.3 China contactless payment market
7.4.3.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.4.4 India contactless payment market
7.4.4.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.4.5 Japan contactless payment market
7.4.5.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.4.6 Australia contactless payment market
7.4.6.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.4.7 South Korea contactless payment market
7.4.7.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.4.8 Singapore contactless payment market
7.4.8.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.4.9 Taiwan contactless payment market
7.4.9.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.5 South America
7.5.1 South America marketplace: Key takeaways
7.5.2 South America contactless payment market
7.5.2.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.5.3 Brazil contactless payment market
7.5.3.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)
7.6 Middle East and Africa (MEA)
7.6.1 MEA market place: Key takeaways
7.6.2 MEA contactless payment market
7.6.2.1 Global market estimates and forecasts, 2016 - 2028 (USD Billion)

Chapter 8 Competitive Landscape
8.1 Gemalto N.V.
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Recent developments
8.2 Visa Inc.
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Recent developments
8.3 Giesecke & Devrient GmbH
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product benchmarking
8.3.4 Recent developments
8.4 Heartland Payment Systems
8.4.1 Company overview
8.4.2 Financial performance of Global Payments
8.4.3 Product benchmarking
8.4.4 Recent developments
8.5 Verifone Systems Inc.
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Recent developments
8.6 Ingenico Group SA
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.6.4 Recent developments
8.7 On Track Innovations (OTI) Ltd
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Recent developments
8.8 Oberthur Technologies Morpho
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.8.4 Recent developments
8.9 Thales Group
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Recent developments
8.10 Wirecard AG
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Product benchmarking
8.10.4 Recent developments
8.11 List of Prominent Market Players

List of Tables
Table 1 Contactless payment market - Industry snapshot & critical success factor, 2016 - 2028
Table 2 Global contactless payment market, 2016 - 2028 (USD Billion)
Table 3 Global contactless payment market estimates and forecasts by device, 2016 - 2028 (USD Billion)
Table 4 Global contactless payment market estimates and forecasts by solutions provided, 2016 - 2028 (USD Billion)
Table 5 Global contactless payment market estimates and forecasts by applications, 2016 - 2028 (USD Billion)
Table 6 Global contactless payment market estimates and forecasts by region, 2016 - 2028 (USD Billion)
Table 7 List of key market players
Table 8 Global contactless payment market by smartphones and wearables, 2016 - 2028 (USD Billion)
Table 9 Global smartphones and wearables segment by region, 2016 - 2028 (USD Billion)
Table 10 Global contactless payment market by point-of-sales terminals, 2016 - 2028 (USD Billion)
Table 11 Global point of sales terminals segment by region 2016 - 2028 (USD Billion)
Table 12 Global contactless payment market by smart cards, 2016 - 2028 (USD Billion)
Table 13 Global smart cards segment by region, 2016 - 2028 (USD Billion)
Table 14 Global contactless payment market by payment terminal solution, 2016 - 2028 (USD Billion)
Table 15 Global payment terminal solution segment by region, 2016 - 2028 (USD Billion)
Table 16 Global contactless payment market by transaction management, 2016 - 2028 (USD Billion)
Table 17 Global transaction management segment by region 2016 - 2028 (USD Billion)
Table 18 Global contactless payment market by security and fraud management, 2016 - 2028 (USD Billion)
Table 19 Global security and fraud management segment by region, 2016 - 2028 (USD Billion)
Table 20 Global contactless payment market by hosted point-of-sale, 2016 - 2028 (USD Billion)
Table 21 Global hosted point-of-sales segment by region, 2016 - 2028 (USD Billion)
Table 22 Global contactless payment market by analytics, 2016 - 2028 (USD Billion)
Table 23 Global analytics segment by region, 2016 - 2028 (USD Billion)
Table 24 Global contactless payment market by Retail, 2016 - 2028 (USD Billion)
Table 25 Global retail segment by region, 2016 - 2028 (USD Billion)
Table 26 Global contactless payment market by transportation, 2016 - 2028 (USD Billion)
Table 27 Global transportation segment by region 2016 - 2028 (USD Billion)
Table 28 Global contactless payment market by Healthcare, 2016 - 2028 (USD Billion)
Table 29 Global healthcare segment by region, 2016 - 2028 (USD Billion)
Table 30 Global contactless payment market by hospitality, 2016 - 2028 (USD Billion)
Table 31 Global hospitality segment by region, 2016 - 2028 (USD Billion)
Table 32 Global contactless payment market by government, 2016 - 2028 (USD Billion)
Table 33 Global government segment by region, 2016 - 2028 (USD Billion)
Table 34 North America contactless payment market, 2016 - 2028 (USD Billion)
Table 35 North America contactless payment market by device, 2016 - 2028 (USD Billion)
Table 36 North America contactless payment market by solution 2016 - 2028 (USD Billion)
Table 37 North America contactless payment market by application 2016 - 2028 (USD Billion)
Table 38 U.S. contactless payment market, 2016 - 2028 (USD Billion)
Table 39 U.S. contactless payment market by device, 2016 - 2028 (USD Billion)
Table 40 U.S. contactless payment market by solution 2016 - 2028 (USD Billion)
Table 41 U.S. contactless payment market by application 2016 - 2028 (USD Billion)
Table 42 Canada contactless payment market, 2016 - 2028 (USD Billion)
Table 43 Canada contactless payment market by device, 2016 - 2028 (USD Billion)
Table 44 Canada contactless payment market by solution 2016 - 2028 (USD Billion)
Table 45 Canada contactless payment market by application 2016 - 2028 (USD Billion)
Table 46 Mexico contactless payment market, 2016 - 2028 (USD Billion)
Table 47 Mexico contactless payment market by device, 2016 - 2028 (USD Billion)
Table 48 Mexico contactless payment market by solution 2016 - 2028 (USD Billion)
Table 49 Mexico contactless payment market by application 2016 - 2028 (USD Billion)
Table 50 Europe contactless payment market, 2016 - 2028 (USD Billion)
Table 51 Europe contactless payment market by device, 2016 - 2028 (USD Billion)
Table 52 Europe contactless payment market by solution 2016 - 2028 (USD Billion)
Table 53 Europe contactless payment market by application 2016 - 2028 (USD Billion)
Table 54 Germany contactless payment market, 2016 - 2028 (USD Billion)
Table 55 Germany contactless payment market by device, 2016 - 2028 (USD Billion)
Table 56 Germany contactless payment market by solution 2016 - 2028 (USD Billion)
Table 57 Germany contactless payment market by application 2016 - 2028 (USD Billion)
Table 58 U.K. contactless payment market, 2016 - 2028 (USD Billion)
Table 59 U.K. contactless payment market by device, 2016 - 2028 (USD Billion)
Table 60 U.K. contactless payment market by solution 2016 - 2028 (USD Billion)
Table 61 U.K. contactless payment market by application 2016 - 2028 (USD Billion)
Table 62 France contactless payment market, 2016 - 2028 (USD Billion)
Table 63 France contactless payment market by device, 2016 - 2028 (USD Billion)
Table 64 France contactless payment market by solution 2016 - 2028 (USD Billion)
Table 65 France contactless payment market by application 2016 - 2028 (USD Billion)
Table 66 Italy contactless payment market, 2016 - 2028 (USD Billion)
Table 67 Italy contactless payment market by device, 2016 - 2028 (USD Billion)
Table 68 Italy contactless payment market by solution 2016 - 2028 (USD Billion)
Table 69 Italy contactless payment market by application 2016 - 2028 (USD Billion)
Table 70 Spain contactless payment market, 2016 - 2028 (USD Billion)
Table 71 Spain contactless payment market by device, 2016 - 2028 (USD Billion)
Table 72 Spain contactless payment market by solution 2016 - 2028 (USD Billion)
Table 73 Spain contactless payment market by application 2016 - 2028 (USD Billion)
Table 74 Asia Pacific contactless payment market, 2016 - 2028 (USD Billion)
Table 75 Asia Pacific contactless payment market by device, 2016 - 2028 (USD Billion)
Table 76 Asia Pacific contactless payment market by solution 2016 - 2028 (USD Billion)
Table 77 Asia Pacific contactless payment market by application 2016 - 2028 (USD Billion)
Table 78 China contactless payment market, 2016 - 2028 (USD Billion)
Table 79 China contactless payment market by device, 2016 - 2028 (USD Billion)
Table 80 China contactless payment market by solution 2016 - 2028 (USD Billion)
Table 81 China contactless payment market by application 2016 - 2028 (USD Billion)
Table 82 Japan contactless payment market, 2016 - 2028 (USD Billion)
Table 83 Japan contactless payment market by device, 2016 - 2028 (USD Billion)
Table 84 Japan contactless payment market by solution 2016 - 2028 (USD Billion)
Table 85 Japan contactless payment market by application 2016 - 2028 (USD Billion)
Table 86 India contactless payment market, 2016 - 2028 (USD Billion)
Table 87 India contactless payment market by device, 2016 - 2028 (USD Billion)
Table 88 India contactless payment market by solution 2016 - 2028 (USD Billion)
Table 89 India contactless payment market by application 2016 - 2028 (USD Billion)
Table 90 Australia contactless payment market, 2016 - 2028 (USD Billion)
Table 91 Australia contactless payment market by device, 2016 - 2028 (USD Billion)
Table 92 Australia contactless payment market by solution 2016 - 2028 (USD Billion)
Table 93 Australia contactless payment market by application 2016 - 2028 (USD Billion)
Table 94 South Korea contactless payment market, 2016 - 2028 (USD Billion)
Table 95 South Korea contactless payment market by device, 2016 - 2028 (USD Billion)
Table 96 South Korea contactless payment market by solution 2016 - 2028 (USD Billion)
Table 97 South Korea contactless payment market by application 2016 - 2028 (USD Billion)
Table 98 Singapore contactless payment market, 2016 - 2028 (USD Billion)
Table 99 Singapore contactless payment market by device, 2016 - 2028 (USD Billion)
Table 100 Singapore contactless payment market by solution 2016 - 2028 (USD Billion)
Table 101 Singapore contactless payment market by application 2016 - 2028 (USD Billion)
Table 102 Taiwan contactless payment market, 2016 - 2028 (USD Billion)
Table 103 Taiwan contactless payment market by device, 2016 - 2028 (USD Billion)
Table 104 Taiwan contactless payment market by solution 2016 - 2028 (USD Billion)
Table 105 Taiwan contactless payment market by application 2016 - 2028 (USD Billion)
Table 106 South America contactless payment market, 2016 - 2028 (USD Billion)
Table 107 South America contactless payment market by device, 2016 - 2028 (USD Billion)
Table 108 South America contactless payment market by solution 2016 - 2028 (USD Billion)
Table 109 South America contactless payment market by application 2016 - 2028 (USD Billion)
Table 110 Brazil contactless payment market, 2016 - 2028 (USD Billion)
Table 111 Brazil contactless payment market by device, 2016 - 2028 (USD Billion)
Table 112 Brazil contactless payment market by solution 2016 - 2028 (USD Billion)
Table 113 Brazil contactless payment market by application 2016 - 2028 (USD Billion)
Table 114 MEA contactless payment market, 2016 - 2028 (USD Billion)
Table 115 MEA contactless payment market by device, 2016 - 2028 (USD Billion)
Table 116 MEA contactless payment market by solution 2016 - 2028 (USD Billion)
Table 117 MEA contactless payment market by application 2016 - 2028 (USD Billion)

List of Figures
Fig. 1 Market segmentation &scope
FIG. 2 Contactless payment market size and growth prospects (Transaction Value in USD Billion, from 2016 - 2028)
FIG. 3 Value chain analysis
FIG. 4 Market dynamics
FIG. 5 Key opportunities prioritized
FIG. 6 Key company market share analysis, 2020
FIG. 7 Porter’s five forces analysis
FIG. 8 Contactless payments- PEST analysis
FIG. 9 Contactless payment market: Device movement analysis
FIG. 10 Contactless payment market: Solution movement analysis
FIG. 11 Contactless payment market: Applications movement analysis
FIG. 12 Regional marketplace: Key takeaways
FIG. 13 Regional outlook, 2020 & 2028
FIG. 14 North America market place: Key takeaways
FIG. 15 Europe market place: Key takeaways
FIG. 16 Asia Pacific market place: Key takeaways
FIG. 17 South America market place: Key takeaways
FIG. 18 MEA market place: Key takeaways
Note: Product cover images may vary from those shown
  • Gemalto N.V.
  • Visa Inc.
  • Giesecke & Devrient GmbH
  • Heartland Payment Systems
  • Verifone Systems Inc.
  • Ingenico Group SA
  • On Track Innovations (OTI) Ltd
  • Oberthur Technologies Morpho
  • Thales Group
  • Wirecard AG
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll