Product Code: VMR11214118
Global Contactless Payment Market size is anticipated to grow from USD 45.03 Billion in 2024 to USD 130.07 Billion by 2033, showcasing a robust Compound Annual Growth Rate (CAGR) of 12.51% during the forecast period of 2026 to 2033.
The contactless payment market is experiencing remarkable growth, fueled by the increasing consumer preference for convenience and speed in transactions. As digital wallets and mobile payment solutions gain traction, the demand for contactless payment methods is surging across various sectors, including retail, transportation, and hospitality. The integration of advanced technologies, such as Near Field Communication (NFC) and biometric authentication, is enhancing the security and efficiency of contactless transactions, making them a preferred choice for consumers. Furthermore, the ongoing shift towards a cashless society is driving businesses to adopt contactless payment systems, ensuring they remain competitive in an evolving marketplace.
Additionally, the COVID-19 pandemic has accelerated the adoption of contactless payments, as consumers seek hygienic alternatives to traditional payment methods. This trend is expected to persist, with businesses increasingly investing in infrastructure to support contactless transactions. The rise of e-commerce and mobile shopping is also contributing to the market's expansion, as consumers demand seamless and secure payment options. As technology continues to evolve, the contactless payment market is poised for sustained growth, characterized by continuous innovation and the emergence of new payment solutions that cater to diverse consumer needs.
Moreover, the global push for financial inclusion is further propelling the contactless payment market. As more individuals gain access to smartphones and digital banking services, the potential for contactless payments to reach underserved populations is significant. This trend is particularly evident in emerging markets, where mobile payment solutions are transforming the way consumers engage with financial services. The future of the contactless payment market appears bright, driven by technological advancements, changing consumer behaviors, and a commitment to enhancing the overall payment experience.
Our reports are meticulously crafted to provide clients with comprehensive and actionable insights into various industries and markets. Each report encompasses several critical components to ensure a thorough understanding of the market landscape:
Market Overview: A detailed introduction to the market, including definitions, classifications, and an overview of the industry's current state.
Market Dynamics: In-depth analysis of key drivers, restraints, opportunities, and challenges influencing market growth. This section examines factors such as technological advancements, regulatory changes, and emerging trends.
Segmentation Analysis: Breakdown of the market into distinct segments based on criteria like product type, application, end-user, and geography. This analysis highlights the performance and potential of each segment.
Competitive Landscape: Comprehensive assessment of major market players, including their market share, product portfolio, strategic initiatives, and financial performance. This section provides insights into the competitive dynamics and key strategies adopted by leading companies.
Market Forecast: Projections of market size and growth trends over a specified period, based on historical data and current market conditions. This includes quantitative analyses and graphical representations to illustrate future market trajectories.
Regional Analysis: Evaluation of market performance across different geographical regions, identifying key markets and regional trends. This helps in understanding regional market dynamics and opportunities.
Emerging Trends and Opportunities: Identification of current and emerging market trends, technological innovations, and potential areas for investment. This section offers insights into future market developments and growth prospects.
SEGMENTATION COVERED IN THE REPORT
By Payment
- POS terminals
- Smart card
- Mobile apps & wallets
- Wearable payment devices
- Other
By Technology
By Application
- Retail
- Healthcare
- Hospitality
- Transportation
- Warehouse & logistics
- Others
By End use
- Consumers (B2C transactions)
- Enterprises (B2B transactions)
- COMPANIES PROFILED
- Alibaba
- American Express Company
- Apple
- Google
- Ingenico Group
- Mastercard
- PayPal
- Samsung
- Verifone
- Visa
- The above list can be customized.
TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. CONTACTLESS PAYMENT INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Payment
- 3.7.2 Market Attractiveness Analysis By Technology
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By End use
- 3.7.5 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL CONTACTLESS PAYMENT MARKET ANALYSIS BY PAYMENT
- 5.1. Overview By Payment
- 5.2. Historical and Forecast Data Analysis By Payment
- 5.3. POS terminals Historic and Forecast Sales By Regions
- 5.4. Smart card Historic and Forecast Sales By Regions
- 5.5. Mobile apps & wallets Historic and Forecast Sales By Regions
- 5.6. Wearable payment devices Historic and Forecast Sales By Regions
- 5.7. Other Historic and Forecast Sales By Regions
6. GLOBAL CONTACTLESS PAYMENT MARKET ANALYSIS BY TECHNOLOGY
- 6.1. Overview By Technology
- 6.2. Historical and Forecast Data Analysis By Technology
- 6.3. NFC Historic and Forecast Sales By Regions
- 6.4. RFID Historic and Forecast Sales By Regions
- 6.5. IR Historic and Forecast Sales By Regions
- 6.6. Others Historic and Forecast Sales By Regions
7. GLOBAL CONTACTLESS PAYMENT MARKET ANALYSIS BY APPLICATION
- 7.1. Overview By Application
- 7.2. Historical and Forecast Data Analysis By Application
- 7.3. Retail Historic and Forecast Sales By Regions
- 7.4. Healthcare Historic and Forecast Sales By Regions
- 7.5. Hospitality Historic and Forecast Sales By Regions
- 7.6. Transportation Historic and Forecast Sales By Regions
- 7.7. Warehouse & logistics Historic and Forecast Sales By Regions
- 7.8. Others Historic and Forecast Sales By Regions
8. GLOBAL CONTACTLESS PAYMENT MARKET ANALYSIS BY END USE
- 8.1. Overview By End use
- 8.2. Historical and Forecast Data Analysis By End use
- 8.3. Consumers (B2C transactions) Historic and Forecast Sales By Regions
- 8.4. Enterprises (B2B transactions) Historic and Forecast Sales By Regions
9. GLOBAL CONTACTLESS PAYMENT MARKET ANALYSIS BY GEOGRAPHY
- 9.1. Regional Outlook
- 9.2. Introduction
- 9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
- 9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
- 9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
- 9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
- 9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis
10. COMPETITIVE LANDSCAPE OF THE CONTACTLESS PAYMENT COMPANIES
- 10.1. Contactless Payment Market Competition
- 10.2. Partnership/Collaboration/Agreement
- 10.3. Merger And Acquisitions
- 10.4. New Product Launch
- 10.5. Other Developments
11. COMPANY PROFILES OF CONTACTLESS PAYMENT INDUSTRY
- 11.1. Top Companies Market Share Analysis
- 11.2. Market Concentration Rate
- 11.3. Alibaba
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
- 11.4. American Express Company
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
- 11.5. Apple
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
- 11.6. Google
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
- 11.7. Ingenico Group
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
- 11.8. Mastercard
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
- 11.9. PayPal
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
- 11.10. Samsung
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
- 11.11. Verifone
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
- 11.12. Visa
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies