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PUBLISHER: Juniper Research Ltd | PRODUCT CODE: 2100776

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PUBLISHER: Juniper Research Ltd | PRODUCT CODE: 2100776

QR Code Payments Market: 2026-2031

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Web Access - Market Data & Forecasts (Enterprise Wide License)
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'Contact-free Payments Become the Default as Contactless Transactions Exceed $32 Trillion Globally by 2031'

Overview

This research provides exhaustive coverage of the QR Code Payments market, including the adoption rates of QR code payment systems across retail, person-to-person (P2P), and ticketing use cases. The report covers key market trends, explains the forecast methodology, and examines the fastest-growing regions. The data suite includes access to the full set of forecast data of 37 tables and over 15,000 datapoints, as well as an accompanying report analysing the reasons for market growth.

All report content is delivered in the English language.

Key Features

The metrics comprised in the research suite include:

  • Total Number of QR Code Payment Users
  • Total Volume of QR Code Payments
  • Total Value of QR Code Payments

These metrics are provided for the following key market verticals:

  • QR Code Payment Schemes
  • National Schemes
  • Third-party Schemes
  • QR Code Segments
  • P2P
  • Retail
  • Ticketing

The data itself is accompanied by a Data & Forecasting report; analysing the main drivers of growth across key forecast metrics, and explaining the fundamental methodology and assumptions involved. Taken together, the research is a vital tool for sizing the QR code payments market.

Data & Interactive Forecast

Juniper Research’s Interactive Forecast Excel contains the following functionality:

  • Statistics Analysis: Users benefit from the ability to search for specific metrics, displayed for all regions and countries across the data period. Graphs are easily modified and can be exported to the clipboard.
  • Country Data Tool: This tool allows users to look at metrics for all regions and countries in the forecast period. Users can refine the metrics displayed via a search bar.
  • Country Comparison Tool: Users can select and compare specific countries. The ability to export graphs is included in this tool.
  • What-if Analysis: Here, users can compare forecast metrics against their own assumptions, via five interactive scenarios.

Market Data & Forecasting Report

What does the QR Code Payments research cover?

  • The QR Code Payments Research Report provides a comprehensive analysis of the global adoption and use of QR code payments. It covers key market trends, including national standardisation vs third-party schemes, security developments, and QR codes compared to NFC contactless payments. The report includes a 5-year forecast for payment volumes, values, and user adoption, along with insights into the regional and global dynamics driving the growth of QR code payments.

Who should use Juniper Research’s QR Code Payments reports?

  • This report is ideal for QR code payment providers, payment processors, financial institutions, and businesses exploring the potential of QR code payments. Stakeholders seeking strategic insights into the competitive landscape and market trends, as well as those looking to understand the future growth potential of QR code payments, will benefit from the report.

Can I purchase QR Code Payments reports directly online?

  • Yes, you can purchase the QR Code Payments Research Report directly from Juniper Research’s website. The report is available as a full research suite, which includes detailed market trends, competitor analysis, forecasts, and access to the harvest online data platform. You can also buy specific sections of the report, such as the Competitor Leaderboard or the data and forecasting package.

What types of data are included in the QR Code Payments research?

  • The research includes 5-year forecasts for QR code payment activities, such as the total number of users, payment volume and value, and the number of mobile handsets used for QR code payments. The report also offers regional-level market analysis and competitive intelligence for 18 QR code payment providers, as well as insights into the evolution of national vs third-party QR code schemes.

What other services does Juniper Research offer alongside QR Code Payments reports?

  • In addition to the QR Code Payments Research Report, Juniper Research offers several other services, including the Competitor Leaderboard, which evaluates the capabilities of 18 QR code payment providers, and the harvest online data platform, which offers continuous updates and access to detailed market data. Juniper Research also provides a 5-year market sizing and forecasting Excel file for customised analysis.

Why should I choose Juniper Research for insights on QR Code Payments?

  • Juniper Research provides unparalleled insights into the QR code payments market, with a detailed examination of market trends, competitive landscape, and growth projections. The report’s combination of qualitative and quantitative data offers a strategic advantage, helping stakeholders understand critical innovations and market dynamics. Additionally, the Competitor Leaderboard provides actionable intelligence on leading QR code payment providers.

How can I get in touch with Juniper Research for support or more details?

  • For more information or assistance with the QR Code Payments Research Report, please contact Juniper Research directly via the website contact form or email us. Our team is available to assist you with any inquiries or provide additional support.

Table of Contents

1. Introduction & Market Status

  • 1.1 Introduction
    • Figure 1.1: An Example of a QR Code, Using the Commonly Seen Model 2 QR Format
    • 1.1.1 History of QR Codes
  • 1.2 Current QR Payments Landscape
    • Figure 1.2: QR Code Payments Volume (m), Split by 8 Key Regions,
    • 1.2.1 Current Market Status
    • 1.2.2 National QR Schemes vs Third-party Schemes
    • 1.2.3 QR Code Interoperability – Alipay+
  • 1.3 Contactless Payments: QR Codes vs NFC
    • 1.3.1 QR Code Payments
      • i. Strengths
      • ii. Weaknesses
      • Figure 1.3: QR Codes - Strengths & Weaknesses
    • 1.3.2 NFC
      • i. Strengths
      • ii. Weaknesses
      • Figure 1.4: NFC - Strengths & Weaknesses
    • 1.3.3 Conclusion
    • 1.3.4 Apple’s Third-party NFC Enablement

2. Methodology & Assumptions

  • 2.1 Introduction
    • 2.1.1 Methodology & Assumptions
    • Figure 2.1: QR Code Payments Forecast Methodology
    • Figure 2.2: QR Code Payments Forecast Methodology (P2P Payments Extension)

3. QR Code Payments Market

    • 3.1.1 QR Code Payment Users
    • Figure & Table 3.1: Number of Mobile Handsets Using QR Codes for Payment per annum (m), Split by 8 Key Regions, 2026-2031
    • 3.1.2 QR Code Payments Transaction Volume
    • Figure & Table 3.2: Total Volume of QR Code Payments (m), Split by 8 Key Regions, 2026-2031
    • 3.1.3 QR Code Payments Transaction Value
    • Figure & Table 3.3: Total Value of QR Code Payments ($m), Split by 8 Key Regions, 2026-2031

4. Peer-to-Peer

    • 4.1.1 Volume of QR Code Payments That Are P2P
    • Figure & Table 4.1: Volume of QR Code Payments That Are P2P (m), Split by 8 Key Regions, 2026-2031
    • 4.1.2 Value of P2P QR Code Payments
    • Figure & Table 4.2: Total Transaction Value of P2P QR Code Payments ($m), Split by 8 Key Regions, 2026-2031

5. Retail

    • 5.1.1 Volume of QR Code Payments from Retail Transactions
    • Figure & Table 5.1: Total Number of Retail Payments via QR Codes (m), Split by 8 Key Regions, 2026-2031
    • 5.1.2 Value of QR Code Payments from Retail Transactions
    • Figure & Table 5.2: Total Value of Retail QR Code Payments ($m), Split by 8 Key regions, 2026-2031

6. Ticketing

    • 6.1.1 Volume of QR Code Payments from Ticketing Transactions
    • Figure & Table 6.1: Total Volume of Ticketing QR Code Payments (m), Split by 8 Key Regions, 2026-2031
    • 6.1.2 Value of QR Code Payments from Ticketing
    • Figure & Table 6.2: Total Value of Tickets Purchased via QR Codes ($m), Split by 8 Key Regions 2026-2031
  • 6.2 Related Research
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