市场调查报告书
商品编码
1540879
2024-2032 年按技术(近场通讯、无线射频识别、红外线等)、设备、解决方案、应用程式和地区分類的非接触式支付市场报告Contactless Payment Market Report by Technology (Near Field Communication, Radio Frequency Identification, Infrared, and Others), Device, Solution, Application, and Region 2024-2032 |
IMARC Group年全球非接触式支付市场规模达152亿美元。消费者对便利、卫生的支付方式的需求不断增长、智慧型手机和穿戴式装置的广泛采用,以及 NFC 和代币化等安全支付技术的进步,是推动市场成长的一些关键因素。
主要市场驱动因素:全球银行、金融服务和保险 (BFSI) 行业的快速数字化主要推动市场的成长。此外,消费者对非接触式支付工具便利性的认识不断增强,以及对缩短排队时间和加快银行结帐速度的需求不断增长,也促进了市场的成长。
主要市场趋势:各种技术进步,例如基于生物辨识的非接触式智慧卡和新型 RFID 标籤的开发,正在成为重要的成长诱导因素,促进市场成长。
竞争格局:一些领先的非接触式支付市场公司包括Giesecke & Devrient GmbH、Heartland Payment Systems (Global Payments Inc.)、IDEMIA (Advent International)、Ingenico Group (Worldline SA)、On Track Innovations Ltd.、Pax Technology、 Setomatic Systems、Thales Group、Valitor、Verifone Systems Inc. (Francisco Partners) 和 Visa Inc. 等。
地理趋势:在北美,区块链和 5G 技术的广泛采用,以及网路基础设施的显着改进,正在推动非接触式支付市场的发展。由于智慧型手机的广泛采用、数位钱包的使用不断增加以及政府的支持倡议,亚太地区非接触式支付市场正在迅速扩张。此外,欧洲的非接触式支付市场也十分成熟,其特征是非接触式卡片渗透率高,且被商家广泛接受。
挑战与机会:非接触式支付市场面临安全问题和广泛的基础设施升级需求等挑战。然而,它提供了增强便利性、加快交易速度以及消费者对卫生和高效支付方式的需求所推动的更多采用的机会。
手机钱包的采用率增加
智慧型手机和行动钱包应用程式(例如 Apple Pay、Google Wallet 和 Samsung Pay)的使用不断增加,主要推动了非接触式支付的采用。例如,2021 财年的行动钱包交易量约为 40 亿笔,较 2013 财年的约 3,270 万笔交易大幅成长。 。此外,将非接触式支付技术(例如近场通讯(NFC)技术)整合到智慧手錶和健身追踪器等穿戴式装置中,提高了便利性和用户采用率。除此之外,零售商店和网点的非接触式金融卡和信用卡交易的成长预计将在预测期内刺激零售业对非接触式终端的市场需求。例如,根据Worldplay的统计,去年英国最受欢迎的支付方式是藉记卡,分别占POS终端所有支付的45%和28%。
技术进步
近场通讯 (NFC) 和无线射频识别 (RFID) 技术的不断进步正在提高非接触式支付的效率和可靠性。各个主要市场参与者都在增加投资以促进顺利的非接触式支付流程。例如,2023 年 10 月,Softpay 和 Dotykacka 合作,利用 Nexi 作为收单机构,在捷克共和国和斯洛伐克推出了点击电话支付解决方案。点击电话技术提供商 SoftPay 宣布与多功能 POS 系统解决方案提供商 Dotykacka 建立战略合作伙伴关係,以满足捷克共和国和斯洛伐克日益增长的非接触式支付受理需求。此外,区块链技术的进步有望进一步确保交易安全并简化流程。这些创新共同推动了非接触式支付解决方案的成长和采用,提供增强的安全性、效率和使用者体验。例如,2024年5月,领先的区块链平台唯链宣布计划彻底改变区块链技术与近场通讯(NFC)晶片的集成,以增强资料真实性并释放新的市场机会。这项策略性倡议旨在透过利用区块链固有的信任和不变性来重塑零售格局。预计此类创新将在未来几年推动非接触式支付市场规模。
监理措施和框架
各国政府当局正采取措施建立安全标准并防范欺诈,从而建立对非接触式支付市场的信任。欧洲的《一般资料保护规范》(GDPR) 等监管框架强制执行严格的资料保护措施。支付卡产业资料安全标准 (PCI DSS) 等机构的指南为安全交易制定了标准。政府当局也透过鼓励数位交易和减少对现金依赖的措施来支持非接触式支付的采用。例如,2024 年2 月,印度储备银行(RBI) 发布了一项重要政策声明,概述了多项发展和监管倡议,涵盖金融市场、贷款机构相关法规以及包括数位货币和金融科技在内的支付系统。在金融市场方面,印度储备银行宣布将全面审查电子交易平台(ETP)的现有监管指南,这些平台允许进行受印度储备银行监管的金融工具(例如外汇和政府证券)的交易。预计各国政府当局的此类措施将在预测期内促进非接触式支付产业的成长。
The global contactless payment market size reached US$ 15.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 38.1 Billion by 2032, exhibiting a growth rate (CAGR) of 10.4% during 2024-2032. The increasing consumer demand for convenient and hygienic payment methods, widespread adoption of smartphones and wearable devices, and advancements in secure payment technologies such as NFC and tokenization, are some of the key factors, driving the market growth.
Major Market Drivers: Rapid digitization of the banking, financial services, and insurance (BFSI) industry across the globe is primarily driving the growth of the market. Additionally, the increasing consumer awareness regarding the convenience offered by contactless payment tools and the rising demand for minimized queue time and faster checkouts at banks are also catalyzing the market growth.
Key Market Trends: Various technological advancements, such as the development of biometric-based contactless smart cards and novel RFID tags, are acting as significant growth-inducing factors, bolstering the market growth.
Competitive Landscape: Some of the leading contactless payment market companies include Giesecke & Devrient GmbH, Heartland Payment Systems (Global Payments Inc.), IDEMIA (Advent International), Ingenico Group (Worldline S.A.), On Track Innovations Ltd., Pax Technology, Setomatic Systems, Thales Group, Valitor, Verifone Systems Inc. (Francisco Partners), and Visa Inc., among others.
Geographical Trends: In North America, the widespread adoption of blockchain and 5G technologies, along with significant improvements in the networking infrastructure, is propelling the market for contactless payments. The Asia Pacific contactless payment market is rapidly expanding due to widespread smartphone adoption, increasing digital wallet usage, and supportive government initiatives. Additionally, Europe's contactless payment market is also well-established, characterized by high penetration of contactless cards and widespread acceptance among merchants.
Challenges and Opportunities: The contactless payment market faces challenges such as security concerns and the need for widespread infrastructure upgrades. However, it presents opportunities for enhanced convenience, faster transactions, and increased adoption driven by consumer demand for hygienic and efficient payment methods.
Increased Adoption of Mobile Wallets
The growing use of smartphones and mobile wallet applications, such as Apple Pay, Google Wallet, and Samsung Pay, is primarily driving the adoption of contactless payments. For instance, the volume of mobile wallet transactions was about four billion in the financial year 2021, a significant increase from about 32.7 million transactions in the financial year 2013. Additionally, the mobile wallet transaction volume in India is expected to reach around 71 billion by 2025. Moreover, the mobile rate penetration in India was 15.7% in 2020 and is expected to reach 30% in 2025. Significant growth in the adoption of smartphones is expected to propel the contactless payment market share in the coming years. Furthermore, the integration of contactless payment technology, such as near-field communication (NFC) technology, into wearable devices like smartwatches and fitness trackers is enhancing convenience and user adoption. Besides this, the growth in contactless debit card and credit card transactions in retail stores and outlets is anticipated to catalyze the market demand for contactless terminals in the retail sector over the forecast period. For example, the most popular payment method in the UK last year was debit cards, which accounted for 45% and 28%, respectively, of all payments made at POS terminals, according to statistics from Worldplay.
Technological Advancements
Continuous advancements in near-field communication (NFC) and radio-frequency identification (RFID) technologies are enhancing the efficiency and reliability of contactless payments. Various key market players are increasingly investing in facilitating smooth contactless payment processes. For instance, in October 2023, Softpay and Dotykacka collaborated to introduce a Tap-to-phone Payment Solution in the Czech Republic and Slovakia, utilizing Nexi as an Acquirer. Tap-to-phone technology provider SoftPay announced a strategic partnership with multifunctional POS system solution provider Dotykacka to meet the growing demand for contactless payment acceptance in the Czech Republic and Slovakia. Additionally, advancements in blockchain technology promise to further secure transactions and streamline processes. These innovations collectively drive the growth and adoption of contactless payment solutions, offering enhanced security, efficiency, and user experience. For instance, in May 2024, VeChain, a leading blockchain platform, announced its plan to revolutionize the integration of blockchain technology with Near Field Communication (NFC) chips to enhance data authenticity and unlock new market opportunities. This strategic move aims to reshape the retail landscape by leveraging blockchain's inherent trust and immutability. Such innovations are anticipated to propel the contactless payment market size in the coming years.
Regulatory Initiatives and Framework
The government authorities of various nations are taking initiatives to establish security standards and safeguard against fraud, thereby building trust in the contactless payment market. Regulatory frameworks, such as the General Data Protection Regulation (GDPR) in Europe, enforce stringent data protection measures. Guidelines from bodies like the Payment Card Industry Data Security Standard (PCI DSS), set standards for secure transactions. Government authorities are also supporting the adoption of contactless payments through initiatives that encourage digital transactions and reduce reliance on cash. For instance, in February 2024, the Reserve Bank of India (RBI) released a major policy statement outlining several developmental and regulatory initiatives covering financial markets, regulations pertaining to lending institutions, and payment systems, including digital currency and fintech. On the financial markets front, RBI announced that it would comprehensively review the existing regulatory guidelines for Electronic Trading Platforms (ETPs) that enable transactions in financial instruments regulated by RBI, such as foreign exchange and government securities. Such initiatives by the government authorities of various nations are anticipated to catalyze the growth in the contactless payment industry over the forecasted period.
IMARC Group provides an analysis of the key trends in each segment of the global contactless payment market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on technology, device, solution, and application.
Near Field Communication (NFC)
Radio Frequency Identification (RFID)
Infrared (IR)
Others
The contactless payment market report has provided a detailed breakup and analysis of the market based on the technology. This includes near field communication (NFC), radio frequency identification (RFID), infrared (IR), and others.
Near Field Communication (NFC) is a short-range wireless technology that enables communication between devices within a few centimeters. It is widely used in contactless payments, allowing secure transactions by simply tapping a smartphone or contactless card near an NFC-enabled terminal. NFC enables fast transaction speeds, enhanced security through encryption, and convenience, as it eliminates the need for physical contact or swiping.
Radio Frequency Identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. In the contactless payment market, RFID tags are embedded in cards and devices, enabling quick and easy transactions by waving the card near an RFID reader. Benefits include the ability to process multiple transactions simultaneously, increased durability of RFID cards, and improved transaction efficiency and convenience.
Smartphones and Wearables
Point-of-Sales Terminals
Smart Cards
The report has provided a detailed breakup and analysis of the market based on the device. This includes smartphones and wearables, point-of-sales terminals, and smart cards.
Contactless payments are gaining significant traction due to their convenience and preference. As a result, various wearable device manufacturers are incorporating near-field communication (NFC) technology as a standard into most smart devices, like smartphones and wearables, to provide greater convenience by removing the need to fumble with a wallet, purse, or phone. Furthermore, the increasing penetration of smartphones and wearables is also offering lucrative growth opportunities to the contactless payment market. For instance, in India, in 2018, around 36% of households had a smartphone, which increased to 74.8% in 2022. Similarly, from 2016 to 2019, connected wearable devices increased by 325 million to 722 million respectively. 30% of middle-income households used fitness trackers in the U.S. in 2020. Such a significant rise in smartphones and wearables is positively impacting the contactless payment market outlook.
Payment Terminal Solution
Transaction Management
Security and Fraud Management
Hosted Point-of-Sales
Payment Analytics
The report has provided a detailed breakup and analysis of the market based on the solution. This includes payment terminal solution, transaction management, security and fraud management, hosted point-of-sales, and payment analytics.
Payment terminal solutions in the contactless payment market are devices that enable merchants to accept payments without physical contact between the card or device and the terminal. These terminals use Near Field Communication (NFC) technology to communicate with contactless cards, smartphones, and wearables. They provide a fast, secure, and convenient transaction process by simply tapping or waving the payment device near the terminal. Additionally, these terminals often support multiple payment methods, including mobile wallets and traditional chip cards, making them versatile and future-proof in a rapidly evolving payment landscape. Transaction management solutions in the contactless payment market encompass the systems and software that oversee, process, and track financial transactions conducted through contactless methods. These solutions ensure the secure and efficient handling of payments from initiation to completion.
BFSI
Retail
Transportation
Healthcare
Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes BFSI, retail, transportation, healthcare, and others.
In the Banking, Financial Services, and Insurance (BFSI) sector, contactless payments streamline transactions, enhance security, and improve customer convenience. Banks issue contactless cards and mobile payment solutions, reducing transaction times and fraud risks. This technology also facilitates seamless integration with digital banking services, promoting financial inclusion. In the retail sector, contactless payments offer faster checkout processes, reducing wait times and enhancing customer satisfaction. Retailers provide a contactless payment option to enhance the speed and efficiency of the checkout process, fostering customer loyalty through smoother and quicker transactions. Market players are offering innovative and smart solutions for retailers, which is expected to drive the adoption of contactless payment terminals in the retail segment. For instance, in September 2022, Square, a financial services platform, announced its plan to launch a Tap To Pay service for iPhone in the U.S. This service enabled all sizes of vendors to accept contactless payments directly from their iPhones without any hardware or additional costs.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
In North America, various technological advancements, such as the development of biometric-based contactless smart cards and novel RFID tags, are acting as other growth-inducing factors. These technologies are widely adopted by small merchants and service providers to conduct cashless transactions by using their smartphones. Other factors, including the widespread adoption of blockchain and 5G technologies, along with significant improvements in the networking infrastructure, are anticipated to drive the market further. The Asia Pacific contactless payment market is rapidly expanding due to widespread smartphone adoption, increasing digital wallet usage, and supportive government initiatives. Key markets like China, India, and Japan are driving growth with robust digital payment infrastructure and consumer preference for cashless transactions. For instance, in September 2023, NPCI announced UPI Tap & Pay - an extension of the Indian payment method that allows let users to make payments simply by tapping their devices on NFC-enabled QR codes at merchant locations. Besides this, Europe's contactless payment market is also well-established, characterized by high penetration of contactless cards and widespread acceptance among merchants. The region's regulatory framework, such as PSD2, and consumer trust in digital payments contribute to strong market growth and innovation in contactless solutions.
Giesecke & Devrient GmbH
Heartland Payment Systems (Global Payments Inc.)
IDEMIA (Advent International)
Ingenico Group (Worldline S.A.)
On Track Innovations Ltd.
Pax Technology
Setomatic Systems
Thales Group
Valitor
Verifone Systems Inc. (Francisco Partners)
Visa Inc.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
May 2024: RuPay, a product of the National Payments Corporation of India (NPCI), announced a collaboration with TATA IPL. The organization unveiled an exclusive wristband and other accessories available for a select few attendees of the TATA IPL 2024 playoffs and final.
March 2024: IndusInd Bank announced the launch of its contactless payments wearable 'Indus PayWear.' It is said to be India's first all-in-one tokenizable wearable for both debit and credit cards.
March 2024: The Federal Bank launched a RuPay smart key chain called 'Flash Pay' for contactless NCMC (National Common Mobility Card) payments at enabled metro stations and PoS terminals. Customers can make payments up to ₹5,000 without a PIN, whereas those over ₹5,000 will require PIN authentication.