Global Contactless Payments Market to Reach $9 Trillion by 2030
The global market for Contactless Payments estimated at US$2 Trillion in the year 2022, is projected to reach a revised size of US$9 Trillion by 2030, growing at a CAGR of 20.6% over the analysis period 2022-2030. Smartphones & Wearables, one of the segments analyzed in the report, is projected to record 20.5% CAGR and reach US$5.4 Trillion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the PoS Terminals segment is readjusted to a revised 19.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $599.2 Billion, While China is Forecast to Grow at 19.3% CAGR
The Contactless Payments market in the U.S. is estimated at US$599.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Trillion by the year 2030 trailing a CAGR of 19.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.6% and 17.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.9% CAGR.Select Competitors (Total 72 Featured) -
- Absolutely No Nonsense Admin Limited
- Accomplish Financial Limited
- Approvely, Inc.
- Arround Inc.
- Axepta S.p.A.
- Banco San Juan Internacional, Inc.
- Barclays plc.
- Brush Industries, Inc.
- CELLI S.p.A.
- Dream Payments Corp.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Contactless Payment Transaction - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for Hospitality by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for Hospitality by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World 8-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 9: World Contactless Payments Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- Table 10: World Recent Past, Current & Future Analysis for Contactless Payments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 11: World 8-Year Perspective for Contactless Payments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 12: World Recent Past, Current & Future Analysis for Smartphones & Wearables by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 13: World 8-Year Perspective for Smartphones & Wearables by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 14: World Recent Past, Current & Future Analysis for PoS Terminals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 15: World 8-Year Perspective for PoS Terminals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 16: World Recent Past, Current & Future Analysis for Smart Cards by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 17: World 8-Year Perspective for Smart Cards by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 18: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 19: World 8-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Contactless Payments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 20: USA Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: USA 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 22: USA Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: USA 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- CANADA
- Table 24: Canada Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Canada 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 26: Canada Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Canada 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- JAPAN
- Contactless Payments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 28: Japan Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Japan 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 30: Japan Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 31: Japan 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- CHINA
- Contactless Payments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 32: China Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: China 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 34: China Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 35: China 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- EUROPE
- Contactless Payments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 36: Europe Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 37: Europe 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 38: Europe Recent Past, Current & Future Analysis for Contactless Payments by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 39: Europe 8-Year Perspective for Contactless Payments by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 40: Europe Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 41: Europe 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- FRANCE
- Contactless Payments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 42: France Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 43: France 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 44: France Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: France 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- GERMANY
- Contactless Payments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 46: Germany Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Germany 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 48: Germany Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: Germany 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- ITALY
- Table 50: Italy Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Italy 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 52: Italy Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 53: Italy 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- UNITED KINGDOM
- Contactless Payments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 54: UK Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 55: UK 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 56: UK Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: UK 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- REST OF EUROPE
- Table 58: Rest of Europe Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 59: Rest of Europe 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 60: Rest of Europe Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 61: Rest of Europe 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- ASIA-PACIFIC
- Contactless Payments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Asia-Pacific 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 64: Asia-Pacific Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 65: Asia-Pacific 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
- REST OF WORLD
- Table 66: Rest of World Recent Past, Current & Future Analysis for Contactless Payments by End-Use - Retail, Transportation, Hospitality, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 67: Rest of World 8-Year Perspective for Contactless Payments by End-Use - Percentage Breakdown of Value Sales for Retail, Transportation, Hospitality, Healthcare and Other End-Uses for the Years 2023 & 2030
- Table 68: Rest of World Recent Past, Current & Future Analysis for Contactless Payments by Device - Smartphones & Wearables, PoS Terminals and Smart Cards - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 69: Rest of World 8-Year Perspective for Contactless Payments by Device - Percentage Breakdown of Value Sales for Smartphones & Wearables, PoS Terminals and Smart Cards for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Absolutely No Nonsense Admin Limited
- Accomplish Financial Limited
- Approvely, Inc.
- Arround Inc.
- Axepta S.p.A.
- Banco San Juan Internacional, Inc.
- Barclays plc.
- Brush Industries, Inc.
- CELLI S.p.A.
- Dream Payments Corp.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 209 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2 Trillion |
| Forecasted Market Value ( USD | $ 9 Trillion |
| Compound Annual Growth Rate | 20.7% |
| Regions Covered | Global |
