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North America Contactless Payment Market 2020-2030 by Component, Solution, Device Type, Technology, Industry Vertical, and Country: Trend Forecast and Growth Opportunity

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    Report

  • 110 Pages
  • November 2021
  • Region: North America
  • GMD Research
  • ID: 5505892
North America contactless payment market is expected to grow by 23.6% annually in the forecast period and reach $2,679.9 billion by 2030 driven by improved service offered by contactless payments, rising adoption of new emergent system, technological advancements in digital platforms and mobile devices, and increasing penetration due to COVID-19 pandemic.





Highlighted with 22 tables and 56 figures, this 110-page report “North America Contactless Payment Market 2020-2030 by Component (Hardware, Solutions, Services), Solution, Device Type (Smartphones, Smart Cards, PoS Terminals, NFC Chips), Technology (RFID, NFC, HCE, Bluetooth), Industry Vertical (Retail, Healthcare, Hospitality), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America contactless payment market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Five Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America contactless payment market in every aspect of the classification from perspectives of Component, Solution, Device Type, Technology, Industry Vertical, and Country.

Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

  • Hardware
  • Solutions
  • Services

Based on Solution, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

  • Payment Terminal Solution
  • Transaction Management
  • Device Management Solution
  • Contactless Mobile Payment Solution
  • Security and Fraud Management
  • Hosted Point-of-Sales
  • Other Solutions

Based on Device Type, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

  • Smartphones
  • Smart Cards
  • Point of Sale (PoS) Terminals
  • NFC Chips
  • Other Devices

Based on Technology, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

  • Radio Frequency Identification (RFID)
  • Near Field Communication (NFC)
  • Host Card Emulation (HCE)
  • Bluetooth
  • Other Technologies

Based on Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

  • Retail
  • Healthcare
  • Hospitality
  • Transportation & Logistics
  • BFSI
  • IT and Telecommunication
  • Energy & Utilities
  • Government
  • Other Industry Verticals

Geographically, the following national/local markets are fully investigated:

  • U.S.
  • Canada
  • Mexico

For each key country, detailed analysis and data for annual revenue ($ bn) are available for 2019-2030. The breakdown of key national markets by Solution, Device Type, and Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Key Players (this may not be a complete list and extra companies can be added upon request):

  • Giesecke+Devrient Mobile Security GmbH
  • Heartland Payment Systems Inc
  • IDEMIA
  • Ingenico Group SA
  • Oberthur Technologies Morpho
  • On Track Innovations LTD
  • PAX Technology, Inc.
  • Setomatic Systems
  • Thales Group (Gemalto N.V.)
  • Valitor
  • VeriFone, Inc.
  • Visa Inc.
  • Wirecard AG

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Frequently Asked Questions about the North American Contactless Payment Market 2020-2030

What is the estimated value of the North American Contactless Payment Market 2020-2030?

The North American Contactless Payment Market 2020-2030 was estimated to be valued at $323300 Million in 2020.

What is the growth rate of the North American Contactless Payment Market 2020-2030?

The growth rate of the North American Contactless Payment Market 2020-2030 is 23.6%, with an estimated value of $2679900 Million by 2030.

What is the forecasted size of the North American Contactless Payment Market 2020-2030?

The North American Contactless Payment Market 2020-2030 is estimated to be worth $2679900 Million by 2030.

Who are the key companies in the North American Contactless Payment Market 2020-2030?

Key companies in the North American Contactless Payment Market 2020-2030 include Giesecke+Devrient Mobile Security GmbH, Heartland Payment Systems Inc, IDEMIA, Ingenico Group SA, Oberthur Technologies Morpho, On Track Innovations LTD, PAX Technology, Inc., Setomatic Systems and Valitor.

Table of Contents

1 Introduction
1.1 Industry Definition and Research Scope
1.1.1 Industry Definition
1.1.2 Research Scope
1.2 Research Methodology
1.2.1 Overview of Market Research Methodology
1.2.2 Market Assumption
1.2.3 Secondary Data
1.2.4 Primary Data
1.2.5 Data Filtration and Model Design
1.2.6 Market Size/Share Estimation
1.2.7 Research Limitations
1.3 Executive Summary
2 Market Overview and Dynamics
2.1 Market Size and Forecast
2.1.1 Impact of COVID-19 on World Economy
2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Five Forces Analysis
3 Segmentation of North America Market by Component
3.1 Market Overview by Component
3.2 Hardware
3.3 Solutions
3.4 Services
4 Segmentation of North America Market by Solution
4.1 Market Overview by Solution
4.2 Payment Terminal Solution
4.3 Transaction Management
4.4 Device Management Solution
4.5 Contactless Mobile Payment Solution
4.6 Security and Fraud Management
4.7 Hosted Point-of-Sales
4.8 Other Solutions
5 Segmentation of North America Market by Device Type
5.1 Market Overview by Device Type
5.2 Smartphones
5.3 Smart Cards
5.4 Point of Sale (PoS) Terminals
5.5 NFC Chips
5.6 Other Devices
6 Segmentation of North America Market by Technology
6.1 Market Overview by Technology
6.2 Radio Frequency Identification (RFID)
6.3 Near Field Communication (NFC)
6.4 Host Card Emulation (HCE)
6.5 Bluetooth
6.6 Other Technologies
7 Segmentation of North America Market by Industry Vertical
7.1 Market Overview by Industry Vertical
7.2 Retail
7.3 Healthcare
7.4 Hospitality
7.5 Transportation & Logistics
7.6 BFSI
7.7 IT and Telecommunication
7.8 Energy & Utilities
7.9 Government
7.10 Other Industry Verticals
8 North America Market 2019-2030 by Country
8.1 Overview of North America Market
8.2 U.S.
8.3 Canada
8.4 Mexico
9 Competitive Landscape
9.1 Overview of Key Vendors
9.2 New Product Launch, Partnership, Investment, and M&A
9.3 Company Profiles
  • Giesecke+Devrient Mobile Security GmbH
  • Heartland Payment Systems Inc
  • IDEMIA
  • Ingenico Group SA
  • Oberthur Technologies Morpho
  • On Track Innovations LTD
  • PAX Technology, Inc.
  • Setomatic Systems
  • Thales Group (Gemalto N.V.)
  • Valitor
  • VeriFone, Inc.
  • Visa Inc.
  • Wirecard AG

List of Tables:

Table 1. Snapshot of North America Contactless Payment Market in Balanced Perspective, 2019-2030
Table 2. Growth Rate of World GDP, 2020-2022
Table 3. Main Product Trends and Market Opportunities in North America Contactless Payment Market
Table 4. North America Contactless Payment Market by Component, 2019-2030, $ bn
Table 5. North America Contactless Payment Market by Solution, 2019-2030, $ bn
Table 6. North America Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 7. North America Contactless Payment Market by Technology, 2019-2030, $ bn
Table 8. North America Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 9. North America Contactless Payment Market by Country, 2019-2030, $ bn
Table 10. U.S. Contactless Payment Market by Solution, 2019-2030, $ bn
Table 11. U.S. Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 12. U.S. Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 13. Canada Contactless Payment Market by Solution, 2019-2030, $ bn
Table 14. Canada Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 15. Canada Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 16. Mexico Contactless Payment Market by Solution, 2019-2030, $ bn
Table 17. Mexico Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 18. Mexico Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 19. Giesecke+Devrient Mobile Security GmbH: Company Snapshot
Table 20. Giesecke+Devrient Mobile Security GmbH: Business Segmentation
Table 21. Giesecke+Devrient Mobile Security GmbH: Product Portfolio
Table 22. Giesecke+Devrient Mobile Security GmbH: Revenue, 2018-2020, $ bn

List of Figures:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030
Figure 4. North America Contactless Payment Market, 2019-2030, $ bn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of North America Contactless Payment Market
Figure 7. World E-commerce Market, 2019-2030, $ bn
Figure 8. World Mobile Banking Market, 2019-2030, $ mn
Figure 9. Primary Restraints and Impact Factors of North America Contactless Payment Market
Figure 10. Investment Opportunity Analysis
Figure 11. Porter’s Five Forces Analysis of North America Contactless Payment Market
Figure 12. Breakdown of North America Contactless Payment Market by Component, 2019-2030, % of Revenue
Figure 13. North America Addressable Market Cap in 2021-2030 by Component, Value ($ bn) and Share (%)
Figure 14. North America Contactless Payment Market by Component: Hardware, 2019-2030, $ bn
Figure 15. North America Contactless Payment Market by Component: Solutions, 2019-2030, $ bn
Figure 16. North America Contactless Payment Market by Component: Services, 2019-2030, $ bn
Figure 17. Breakdown of North America Contactless Payment Market by Solution, 2019-2030, % of Sales Revenue
Figure 18. North America Addressable Market Cap in 2021-2030 by Solution, Value ($ bn) and Share (%)
Figure 19. North America Contactless Payment Market by Solution: Payment Terminal Solution, 2019-2030, $ bn
Figure 20. North America Contactless Payment Market by Solution: Transaction Management, 2019-2030, $ bn
Figure 21. North America Contactless Payment Market by Solution: Device Management Solution, 2019-2030, $ bn
Figure 22. North America Contactless Payment Market by Solution: Contactless Mobile Payment Solution, 2019-2030, $ bn
Figure 23. North America Contactless Payment Market by Solution: Security and Fraud Management, 2019-2030, $ bn
Figure 24. North America Contactless Payment Market by Solution: Hosted Point-of-Sales, 2019-2030, $ bn
Figure 25. North America Contactless Payment Market by Solution: Other Solutions, 2019-2030, $ bn
Figure 26. Breakdown of North America Contactless Payment Market by Device Type, 2019-2030, % of Sales Revenue
Figure 27. North America Addressable Market Cap in 2021-2030 by Device Type, Value ($ bn) and Share (%)
Figure 28. North America Contactless Payment Market by Device Type: Smartphones, 2019-2030, $ bn
Figure 29. North America Contactless Payment Market by Device Type: Smart Cards, 2019-2030, $ bn
Figure 30. North America Contactless Payment Market by Device Type: Point of Sale (PoS) Terminals, 2019-2030, $ bn
Figure 31. North America Contactless Payment Market by Device Type: NFC Chips, 2019-2030, $ bn
Figure 32. North America Contactless Payment Market by Device Type: Other Devices, 2019-2030, $ bn
Figure 33. Breakdown of North America Contactless Payment Market by Technology, 2019-2030, % of Revenue
Figure 34. North America Addressable Market Cap in 2021-2030 by Technology, Value ($ bn) and Share (%)
Figure 35. North America Contactless Payment Market by Technology: Radio Frequency Identification (RFID), 2019-2030, $ bn
Figure 36. North America Contactless Payment Market by Technology: Near Field Communication (NFC), 2019-2030, $ bn
Figure 37. North America Contactless Payment Market by Technology: Host Card Emulation (HCE), 2019-2030, $ bn
Figure 38. North America Contactless Payment Market by Technology: Bluetooth, 2019-2030, $ bn
Figure 39. North America Contactless Payment Market by Technology: Other Technologies, 2019-2030, $ bn
Figure 40. Breakdown of North America Contactless Payment Market by Industry Vertical, 2019-2030, % of Revenue
Figure 41. North America Addressable Market Cap in 2021-2030 by Industry Vertical, Value ($ bn) and Share (%)
Figure 42. North America Contactless Payment Market by Industry Vertical: Retail, 2019-2030, $ bn
Figure 43. North America Contactless Payment Market by Industry Vertical: Healthcare, 2019-2030, $ bn
Figure 44. North America Contactless Payment Market by Industry Vertical: Hospitality, 2019-2030, $ bn
Figure 45. North America Contactless Payment Market by Industry Vertical: Transportation & Logistics, 2019-2030, $ bn
Figure 46. North America Contactless Payment Market by Industry Vertical: BFSI, 2019-2030, $ bn
Figure 47. North America Contactless Payment Market by Industry Vertical: IT and Telecommunication, 2019-2030, $ bn
Figure 48. North America Contactless Payment Market by Industry Vertical: Energy & Utilities, 2019-2030, $ bn
Figure 49. North America Contactless Payment Market by Industry Vertical: Government, 2019-2030, $ bn
Figure 50. North America Contactless Payment Market by Industry Vertical: Other Industry Verticals, 2019-2030, $ bn
Figure 51. Breakdown of North America Contactless Payment Market by Country, 2019 and 2030, % of Revenue
Figure 52. Contribution to North America 2021-2030 Cumulative Market by Country, Value ($ bn) and Share (%)
Figure 53. U.S. Contactless Payment Market, 2019-2030, $ bn
Figure 54. Canada Contactless Payment Market, 2019-2030, $ bn
Figure 55. Contactless Payment Market in Mexico, 2019-2030, $ bn
Figure 56. Growth Stage of North America Contactless Payment Industry over the Forecast Period

Companies Mentioned

  • Giesecke+Devrient Mobile Security GmbH
  • Heartland Payment Systems Inc
  • IDEMIA
  • Ingenico Group SA
  • Oberthur Technologies Morpho
  • On Track Innovations LTD
  • PAX Technology, Inc.
  • Setomatic Systems
  • Thales Group (Gemalto N.V.)
  • Valitor
  • VeriFone, Inc.
  • Visa Inc.
  • Wirecard AG

Methodology

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