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PUBLISHER: Lucintel | PRODUCT CODE: 1791099

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PUBLISHER: Lucintel | PRODUCT CODE: 1791099

Contactless Payment Market Report: Trends, Forecast and Competitive Analysis to 2031

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The future of the global contactless payment market looks promising with opportunities in the retail, transportation, healthcare, and hospitality markets. The global contactless payment market is expected to grow with a CAGR of 9.1% from 2025 to 2031. The major drivers for this market are the increasing adoption of smartphones for payments, the rising demand for secure payment solutions, and the growing preference for seamless transaction experiences.

  • Lucintel forecasts that, within the type category, smartphone-based is expected to witness higher growth over the forecast period.
  • Within the application category, hospitality is expected to witness the highest growth.
  • In terms of region, APAC is expected to witness the highest growth over the forecast period.

Gain valuable insights for your business decisions with our comprehensive 150+ page report. Sample figures with some insights are shown below.

Emerging Trends in the Contactless Payment Market

The market for contactless payment is one of ongoing innovation and changing consumer behavior. There are a number of key trends that are set to define the future of the way we pay, providing more convenience, security, and connectivity with other technologies.

  • Biometric Authentication Integration: Fingerprint and facial recognition improve security. Integrating biometric authentication techniques such as fingerprint scanning and facial recognition into contactless payment processes provides an additional layer of security, decreasing fraud and making users more confident in digital payments.
  • Growth of Mobile Wallets: More than just payments are provided. Mobile wallets are being transformed beyond their fundamental payment functions to offer features such as loyalty schemes, digital identity proofing, and even public transportation ticketing, and hence becoming more diverse and indispensable digital instruments.
  • Contactless Everywhere: Expansion from retail to transit and beyond. Contactless payment acceptance is spreading from the traditional retail setting to public transport, parking, vending machines, and even smaller informal traders, making it a ubiquitous payment method.
  • Seamless Cross-Border Payments: Seamless cross-border payments with ease. Contactless payment innovations are aimed at facilitating seamless and secure cross-border payments, minimizing frictions and costs in international payments for consumers as well as merchants.
  • Wearable Technology Integration: Smartwatches and fitness trackers support payments. Wearable tech such as smartwatches and fitness trackers are being built with more and more NFC capabilities, enabling people to make convenient contactless payments without having to use their phones or physical cards.

These new trends are redefining the contactless payment market by providing stronger security through biometrics, extending mobile wallet functionality, growing acceptance in various industries, making international transactions easier, and tapping into the rising popularity of wearable technology for payments.

Recent Developments in the Contactless Payment Market

The market for contactless payment has recently seen a series of key trends characterized by advancements in technology, strategic partnerships, and increased attention on user experience as well as security. All these trends are paving the way towards the massive usage and upgraded functions of contactless payment schemes.

  • Increased NFC Infrastructure Deployment: More merchants upgrade POS systems for tap-to-pay. There is a considerable rise in the installation of NFC-enabled point-of-sale (POS) terminals by merchants in different industries that is making contactless card and mobile payments more popular and convenient for consumers.
  • Standardization and Interoperability Initiatives: Industry collaborations toward frictionless payment experiences. Industry-wide initiatives with a focus on interoperability and standardization are working to deliver a more seamless and cohesive contactless payment experience across various devices, platforms, and payment networks.
  • Secure Element Technology Advancements: Contactless transaction security enhanced. Advances in secure element (SE) technology integrated into smartphones and cards are offering strong security for contactless payment credentials, protecting sensitive user information and lowering the threat of fraud.
  • Emergence of Digital-Only Payment Methods: Virtual wallets and cards becoming mainstream. The growth of digital-only payment methods, including virtual wallets and virtual cards, is providing consumers with increased flexibility and protection for online as well as in-store contactless payments.
  • Integration with Loyalty and Rewards Programs: Merging payments with customer engagement. Contactless payment platforms are more and more integrating with loyalty and rewards programs so that consumers can earn and redeem points easily while making transactions, boosting customer engagement.

These recent advancements are strongly influencing the contactless payment market by increasing the acceptance infrastructure, encouraging standardization, improving security, encouraging the development of digital-only alternatives, and combining payment capabilities with customer loyalty schemes, resulting in a more secure and convenient payments environment.

Strategic Growth Opportunities in the Contactless Payment Market

The market for contactless payment offers many strategic growth opportunities in various applications, thanks to the need for speed, convenience, and security for transactions. Solutions targeted at specific use cases can realize great potential and address changing consumer needs in many different markets.

  • Public Transit Systems: Facilitating effortless fare collection using contactless means. Incorporating contactless payment channels into public transit systems like buses, trains, and subways simplifies fare collection, minimizes lines, and improves the overall transit experience for commuters.
  • Small and Medium-Sized Businesses: Offering easy-to-use and inexpensive contactless solutions. Providing cost-efficient and user-friendly contactless payment solutions to SMEs allows them to meet the rising demand for digital payments, drive sales, and enhance customer satisfaction.
  • Healthcare and Pharmaceuticals: Enabling rapid and sanitary payments for services and products. Having contactless payment solutions available within healthcare centers and pharmacies offers patients a rapid, secure, and sanitary means of paying for consultations, medication, and other associated costs.
  • Vending Machines and Kiosks: Convenience boosting for automated transactions. Outfitting vending machines and self-service kiosks with contactless payments provides a convenient and efficient means for consumers to make a purchase without having exact change or physical cards.
  • Restaurants and Food Services: Streamlining transactions and enhancing table turnover. Contactless payments in restaurants and food service outlets streamline transactions, speed up the payment process, minimize waiting times, enhance table turnover, and generally provide a better customer experience.

These strategic expansion opportunities underscore the wide applicability of contactless payments in numerous sectors. By emphasizing the unique requirements of public transport, SMEs, healthcare, vending machines, and restaurants, the market for contactless payments can increase its footprint and bring about substantial gains for businesses and consumers alike.

Contactless Payment Market Driver and Challenges

The market for contactless payment is characterized by a fluid interaction of differing technological, economic, and regulatory forces that act as both promoters of growth as well as risks to broad appeal. Familiarity with these forces is critical to stakeholders negotiating this changing world.

The factors responsible for driving the contactless payment market include:

1. Rising Demand for Convenience among Consumers: Consumers are looking more and more for quick, convenient, and effortless payment options, making contactless payments such as tap-to-pay cards and mobile wallets extremely popular for day-to-day transactions.

2. Rising Hygiene and Safety Consciousness: Fears of physical contact, especially intensified during and post-pandemic periods, have led to higher use of contactless payments as a cleaner option compared to cash and traditional card swipes.

3. Technological Developments in NFC and Mobile Payments: Ongoing advances in near-field communication (NFC) technology and the widespread use of smartphones have created the infrastructure and consumer base required for mass contactless adoption.

4. Merchant Gains from Speed and Efficiency: Contactless payments generally mean shorter transaction times, cutting checkout queues and enhancing operational efficiency for merchants in different industries.

5. Supportive Regulatory Environment and Initiatives: Governments and regulatory authorities in several countries are strongly encouraging digital payments, including contactless, by launching initiatives for enhanced financial inclusion and cashlessness.

Challenges in the contactless payment market are:

1. Security Concerns and Perceived Risks: In spite of strong security controls, a section of the population still entertains fears about the safety of contactless payments and the likelihood of fraud or data theft, preventing adoption in this segment of the population.

2. Interoperability Challenges and Fragmentation: Non-standardization among various contactless payment platforms and technologies may result in fragmentation and compatibility challenges, creating inconvenience for both merchants and consumers.

3. Merchant Infrastructure Costs: Although reducing, installing or upgrading to NFC-enabled POS terminals is still a deterrent for some smaller merchants, especially in emerging economies.

Contactless payment industry is mainly led by consumer preference for convenience and cleanliness, backed by technology evolution and merchant advantage. Nevertheless, the issues related to security sentiments, interoperability, and the cost of infrastructure have to be overcome through effective education, standardization initiatives, and low-cost solutions to continue and spread contactless payments around the world.

List of Contactless Payment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, contactless payment companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the contactless payment companies profiled in this report include-

  • Thales
  • Visa
  • Giesecke & Devrient
  • MasterCard
  • Apple
  • PayPal Holdings
  • American Express Company
  • Amazon.com
  • Alibaba.com
  • PayU

Contactless Payment Market by Segment

The study includes a forecast for the global contactless payment market by type, application, and region.

Contactless Payment Market by Type [Value from 2019 to 2031]:

  • Smartphone Based
  • Card Based

Contactless Payment Market by Application [Value from 2019 to 2031]:

  • Retail
  • Transportation
  • Healthcare
  • Hospitality
  • Others

Contactless Payment Market by Region [Value from 2019 to 2031]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the Contactless Payment Market

Contactless payment's market has seen considerable development internationally, supported by a surge in the take-up of digital technology and a rise in consumer favor towards quick, easy, and sanitary payment means. Recent trends among major economies portray different levels of uptake and developing technology scenes, directing the future of the way that people pay for goods and services.

  • United States: The US has also experienced very fast growth in contactless uptake, fueled by the extensive use of contactless cards and mobile payment applications such as Apple Pay, Google Pay, and Samsung Pay. Issuers are promoting contactless cards aggressively, and merchants are also installing POS terminals that support NFC technology. The pandemic also added impetus to this movement because of issues related to hygiene.
  • China: China's contactless payment market is dominated by mobile payment systems such as Alipay and WeChat Pay that are heavily embedded in everyday life. Though NFC-based card payments exist, QR code-based mobile payments are the dominant contactless method, used for small street vendors to big box stores.
  • Germany: Historically behind other European nations in terms of contactless adoption, Germany has seen an uptick in recent times. Contactless card use is on the rise, and mobile payment tools are catching on as well, though regional adoption rates continue to differ. Efforts also exist at the regulatory level to make digital payments standardized and more widely accepted.
  • India: India has seen considerable growth in contactless payments, mainly through UPI (Unified Payments Interface), a real-time mobile payment system based on QR codes and other means. Urban usage of contactless cards is increasing. Government initiatives towards digital transactions have been responsible for this increased adoption.
  • Japan: Japan boasts an established contactless payment system consisting of NFC cards (Suica, Pasmo) and mobile payment services. Although QR code-based payments are on the rise, tap-to-pay using transit cards and cards is still much in vogue for day-to-day transactions with a focus on convenience and rapidity.

Features of the Global Contactless Payment Market

  • Market Size Estimates: Contactless payment market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
  • Segmentation Analysis: Contactless payment market size by type, application, and region in terms of value ($B).
  • Regional Analysis: Contactless payment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the contactless payment market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the contactless payment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers the following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the contactless payment market by type (smartphone-based and card-based), application (retail, transportation, healthcare, hospitality, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Market Overview

  • 2.1 Background and Classifications
  • 2.2 Supply Chain

3. Market Trends & Forecast Analysis

  • 3.1 Macroeconomic Trends and Forecasts
  • 3.2 Industry Drivers and Challenges
  • 3.3 PESTLE Analysis
  • 3.4 Patent Analysis
  • 3.5 Regulatory Environment

4. Global Contactless Payment Market by Type

  • 4.1 Overview
  • 4.2 Attractiveness Analysis by Type
  • 4.3 Smartphone-Based: Trends and Forecast (2019-2031)
  • 4.4 Card-Based: Trends and Forecast (2019-2031)

5. Global Contactless Payment Market by Application

  • 5.1 Overview
  • 5.2 Attractiveness Analysis by Application
  • 5.3 Retail: Trends and Forecast (2019-2031)
  • 5.4 Transportation: Trends and Forecast (2019-2031)
  • 5.5 Healthcare: Trends and Forecast (2019-2031)
  • 5.6 Hospitality: Trends and Forecast (2019-2031)
  • 5.7 Others: Trends and Forecast (2019-2031)

6. Regional Analysis

  • 6.1 Overview
  • 6.2 Global Contactless Payment Market by Region

7. North American Contactless Payment Market

  • 7.1 Overview
  • 7.2 North American Contactless Payment Market by Type
  • 7.3 North American Contactless Payment Market by Application
  • 7.4 United States Contactless Payment Market
  • 7.5 Mexican Contactless Payment Market
  • 7.6 Canadian Contactless Payment Market

8. European Contactless Payment Market

  • 8.1 Overview
  • 8.2 European Contactless Payment Market by Type
  • 8.3 European Contactless Payment Market by Application
  • 8.4 German Contactless Payment Market
  • 8.5 French Contactless Payment Market
  • 8.6 Spanish Contactless Payment Market
  • 8.7 Italian Contactless Payment Market
  • 8.8 United Kingdom Contactless Payment Market

9. APAC Contactless Payment Market

  • 9.1 Overview
  • 9.2 APAC Contactless Payment Market by Type
  • 9.3 APAC Contactless Payment Market by Application
  • 9.4 Japanese Contactless Payment Market
  • 9.5 Indian Contactless Payment Market
  • 9.6 Chinese Contactless Payment Market
  • 9.7 South Korean Contactless Payment Market
  • 9.8 Indonesian Contactless Payment Market

10. ROW Contactless Payment Market

  • 10.1 Overview
  • 10.2 ROW Contactless Payment Market by Type
  • 10.3 ROW Contactless Payment Market by Application
  • 10.4 Middle Eastern Contactless Payment Market
  • 10.5 South American Contactless Payment Market
  • 10.6 African Contactless Payment Market

11. Competitor Analysis

  • 11.1 Product Portfolio Analysis
  • 11.2 Operational Integration
  • 11.3 Porter's Five Forces Analysis
    • Competitive Rivalry
    • Bargaining Power of Buyers
    • Bargaining Power of Suppliers
    • Threat of Substitutes
    • Threat of New Entrants
  • 11.4 Market Share Analysis

12. Opportunities & Strategic Analysis

  • 12.1 Value Chain Analysis
  • 12.2 Growth Opportunity Analysis
    • 12.2.1 Growth Opportunities by Type
    • 12.2.2 Growth Opportunities by Application
  • 12.3 Emerging Trends in the Global Contactless Payment Market
  • 12.4 Strategic Analysis
    • 12.4.1 New Product Development
    • 12.4.2 Certification and Licensing
    • 12.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures

13. Company Profiles of the Leading Players Across the Value Chain

  • 13.1 Competitive Analysis
  • 13.2 Thales
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.3 Visa
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.4 Giesecke & Devrient
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.5 MasterCard
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.6 Apple
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.7 PayPal Holdings
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.8 American Express Company
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.9 Amazon.com
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.10 Alibaba.com
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing
  • 13.11 PayU
    • Company Overview
    • Contactless Payment Business Overview
    • New Product Development
    • Merger, Acquisition, and Collaboration
    • Certification and Licensing

14. Appendix

  • 14.1 List of Figures
  • 14.2 List of Tables
  • 14.3 Research Methodology
  • 14.4 Disclaimer
  • 14.5 Copyright
  • 14.6 Abbreviations and Technical Units
  • 14.7 About Us
  • 14.8 Contact Us

List of Figures

  • Figure 1.1: Trends and Forecast for the Global Contactless Payment Market
  • Figure 2.1: Usage of Contactless Payment Market
  • Figure 2.2: Classification of the Global Contactless Payment Market
  • Figure 2.3: Supply Chain of the Global Contactless Payment Market
  • Figure 2.4: Driver and Challenges of the Contactless Payment Market
  • Figure 3.1: Trends of the Global GDP Growth Rate
  • Figure 3.2: Trends of the Global Population Growth Rate
  • Figure 3.3: Trends of the Global Inflation Rate
  • Figure 3.4: Trends of the Global Unemployment Rate
  • Figure 3.5: Trends of the Regional GDP Growth Rate
  • Figure 3.6: Trends of the Regional Population Growth Rate
  • Figure 3.7: Trends of the Regional Inflation Rate
  • Figure 3.8: Trends of the Regional Unemployment Rate
  • Figure 3.9: Trends of Regional Per Capita Income
  • Figure 3.10: Forecast for the Global GDP Growth Rate
  • Figure 3.11: Forecast for the Global Population Growth Rate
  • Figure 3.12: Forecast for the Global Inflation Rate
  • Figure 3.13: Forecast for the Global Unemployment Rate
  • Figure 3.14: Forecast for the Regional GDP Growth Rate
  • Figure 3.15: Forecast for the Regional Population Growth Rate
  • Figure 3.16: Forecast for the Regional Inflation Rate
  • Figure 3.17: Forecast for the Regional Unemployment Rate
  • Figure 3.18: Forecast for Regional Per Capita Income
  • Figure 4.1: Global Contactless Payment Market by Type in 2019, 2024, and 2031
  • Figure 4.2: Trends of the Global Contactless Payment Market ($B) by Type
  • Figure 4.3: Forecast for the Global Contactless Payment Market ($B) by Type
  • Figure 4.4: Trends and Forecast for Smartphone-Based in the Global Contactless Payment Market (2019-2031)
  • Figure 4.5: Trends and Forecast for Card-Based in the Global Contactless Payment Market (2019-2031)
  • Figure 5.1: Global Contactless Payment Market by Application in 2019, 2024, and 2031
  • Figure 5.2: Trends of the Global Contactless Payment Market ($B) by Application
  • Figure 5.3: Forecast for the Global Contactless Payment Market ($B) by Application
  • Figure 5.4: Trends and Forecast for Retail in the Global Contactless Payment Market (2019-2031)
  • Figure 5.5: Trends and Forecast for Transportation in the Global Contactless Payment Market (2019-2031)
  • Figure 5.6: Trends and Forecast for Healthcare in the Global Contactless Payment Market (2019-2031)
  • Figure 5.7: Trends and Forecast for Hospitality in the Global Contactless Payment Market (2019-2031)
  • Figure 5.8: Trends and Forecast for Others in the Global Contactless Payment Market (2019-2031)
  • Figure 6.1: Trends of the Global Contactless Payment Market ($B) by Region (2019-2024)
  • Figure 6.2: Forecast for the Global Contactless Payment Market ($B) by Region (2025-2031)
  • Figure 7.1: Trends and Forecast for the North American Contactless Payment Market (2019-2031)
  • Figure 7.2: North American Contactless Payment Market by Type in 2019, 2024, and 2031
  • Figure 7.3: Trends of the North American Contactless Payment Market ($B) by Type (2019-2024)
  • Figure 7.4: Forecast for the North American Contactless Payment Market ($B) by Type (2025-2031)
  • Figure 7.5: North American Contactless Payment Market by Application in 2019, 2024, and 2031
  • Figure 7.6: Trends of the North American Contactless Payment Market ($B) by Application (2019-2024)
  • Figure 7.7: Forecast for the North American Contactless Payment Market ($B) by Application (2025-2031)
  • Figure 7.8: Trends and Forecast for the United States Contactless Payment Market ($B) (2019-2031)
  • Figure 7.9: Trends and Forecast for the Mexican Contactless Payment Market ($B) (2019-2031)
  • Figure 7.10: Trends and Forecast for the Canadian Contactless Payment Market ($B) (2019-2031)
  • Figure 8.1: Trends and Forecast for the European Contactless Payment Market (2019-2031)
  • Figure 8.2: European Contactless Payment Market by Type in 2019, 2024, and 2031
  • Figure 8.3: Trends of the European Contactless Payment Market ($B) by Type (2019-2024)
  • Figure 8.4: Forecast for the European Contactless Payment Market ($B) by Type (2025-2031)
  • Figure 8.5: European Contactless Payment Market by Application in 2019, 2024, and 2031
  • Figure 8.6: Trends of the European Contactless Payment Market ($B) by Application (2019-2024)
  • Figure 8.7: Forecast for the European Contactless Payment Market ($B) by Application (2025-2031)
  • Figure 8.8: Trends and Forecast for the German Contactless Payment Market ($B) (2019-2031)
  • Figure 8.9: Trends and Forecast for the French Contactless Payment Market ($B) (2019-2031)
  • Figure 8.10: Trends and Forecast for the Spanish Contactless Payment Market ($B) (2019-2031)
  • Figure 8.11: Trends and Forecast for the Italian Contactless Payment Market ($B) (2019-2031)
  • Figure 8.12: Trends and Forecast for the United Kingdom Contactless Payment Market ($B) (2019-2031)
  • Figure 9.1: Trends and Forecast for the APAC Contactless Payment Market (2019-2031)
  • Figure 9.2: APAC Contactless Payment Market by Type in 2019, 2024, and 2031
  • Figure 9.3: Trends of the APAC Contactless Payment Market ($B) by Type (2019-2024)
  • Figure 9.4: Forecast for the APAC Contactless Payment Market ($B) by Type (2025-2031)
  • Figure 9.5: APAC Contactless Payment Market by Application in 2019, 2024, and 2031
  • Figure 9.6: Trends of the APAC Contactless Payment Market ($B) by Application (2019-2024)
  • Figure 9.7: Forecast for the APAC Contactless Payment Market ($B) by Application (2025-2031)
  • Figure 9.8: Trends and Forecast for the Japanese Contactless Payment Market ($B) (2019-2031)
  • Figure 9.9: Trends and Forecast for the Indian Contactless Payment Market ($B) (2019-2031)
  • Figure 9.10: Trends and Forecast for the Chinese Contactless Payment Market ($B) (2019-2031)
  • Figure 9.11: Trends and Forecast for the South Korean Contactless Payment Market ($B) (2019-2031)
  • Figure 9.12: Trends and Forecast for the Indonesian Contactless Payment Market ($B) (2019-2031)
  • Figure 10.1: Trends and Forecast for the ROW Contactless Payment Market (2019-2031)
  • Figure 10.2: ROW Contactless Payment Market by Type in 2019, 2024, and 2031
  • Figure 10.3: Trends of the ROW Contactless Payment Market ($B) by Type (2019-2024)
  • Figure 10.4: Forecast for the ROW Contactless Payment Market ($B) by Type (2025-2031)
  • Figure 10.5: ROW Contactless Payment Market by Application in 2019, 2024, and 2031
  • Figure 10.6: Trends of the ROW Contactless Payment Market ($B) by Application (2019-2024)
  • Figure 10.7: Forecast for the ROW Contactless Payment Market ($B) by Application (2025-2031)
  • Figure 10.8: Trends and Forecast for the Middle Eastern Contactless Payment Market ($B) (2019-2031)
  • Figure 10.9: Trends and Forecast for the South American Contactless Payment Market ($B) (2019-2031)
  • Figure 10.10: Trends and Forecast for the African Contactless Payment Market ($B) (2019-2031)
  • Figure 11.1: Porter's Five Forces Analysis of the Global Contactless Payment Market
  • Figure 11.2: Market Share (%) of Top Players in the Global Contactless Payment Market (2024)
  • Figure 12.1: Growth Opportunities for the Global Contactless Payment Market by Type
  • Figure 12.2: Growth Opportunities for the Global Contactless Payment Market by Application
  • Figure 12.3: Growth Opportunities for the Global Contactless Payment Market by Region
  • Figure 12.4: Emerging Trends in the Global Contactless Payment Market

List of Tables

  • Table 1.1: Growth Rate (%, 2023-2024) and CAGR (%, 2025-2031) of the Contactless Payment Market by Type and Application
  • Table 1.2: Attractiveness Analysis for the Contactless Payment Market by Region
  • Table 1.3: Global Contactless Payment Market Parameters and Attributes
  • Table 3.1: Trends of the Global Contactless Payment Market (2019-2024)
  • Table 3.2: Forecast for the Global Contactless Payment Market (2025-2031)
  • Table 4.1: Attractiveness Analysis for the Global Contactless Payment Market by Type
  • Table 4.2: Market Size and CAGR of Various Type in the Global Contactless Payment Market (2019-2024)
  • Table 4.3: Market Size and CAGR of Various Type in the Global Contactless Payment Market (2025-2031)
  • Table 4.4: Trends of Smartphone-Based in the Global Contactless Payment Market (2019-2024)
  • Table 4.5: Forecast for Smartphone-Based in the Global Contactless Payment Market (2025-2031)
  • Table 4.6: Trends of Card-Based in the Global Contactless Payment Market (2019-2024)
  • Table 4.7: Forecast for Card-Based in the Global Contactless Payment Market (2025-2031)
  • Table 5.1: Attractiveness Analysis for the Global Contactless Payment Market by Application
  • Table 5.2: Market Size and CAGR of Various Application in the Global Contactless Payment Market (2019-2024)
  • Table 5.3: Market Size and CAGR of Various Application in the Global Contactless Payment Market (2025-2031)
  • Table 5.4: Trends of Retail in the Global Contactless Payment Market (2019-2024)
  • Table 5.5: Forecast for Retail in the Global Contactless Payment Market (2025-2031)
  • Table 5.6: Trends of Transportation in the Global Contactless Payment Market (2019-2024)
  • Table 5.7: Forecast for Transportation in the Global Contactless Payment Market (2025-2031)
  • Table 5.8: Trends of Healthcare in the Global Contactless Payment Market (2019-2024)
  • Table 5.9: Forecast for Healthcare in the Global Contactless Payment Market (2025-2031)
  • Table 5.10: Trends of Hospitality in the Global Contactless Payment Market (2019-2024)
  • Table 5.11: Forecast for Hospitality in the Global Contactless Payment Market (2025-2031)
  • Table 5.12: Trends of Others in the Global Contactless Payment Market (2019-2024)
  • Table 5.13: Forecast for Others in the Global Contactless Payment Market (2025-2031)
  • Table 6.1: Market Size and CAGR of Various Regions in the Global Contactless Payment Market (2019-2024)
  • Table 6.2: Market Size and CAGR of Various Regions in the Global Contactless Payment Market (2025-2031)
  • Table 7.1: Trends of the North American Contactless Payment Market (2019-2024)
  • Table 7.2: Forecast for the North American Contactless Payment Market (2025-2031)
  • Table 7.3: Market Size and CAGR of Various Type in the North American Contactless Payment Market (2019-2024)
  • Table 7.4: Market Size and CAGR of Various Type in the North American Contactless Payment Market (2025-2031)
  • Table 7.5: Market Size and CAGR of Various Application in the North American Contactless Payment Market (2019-2024)
  • Table 7.6: Market Size and CAGR of Various Application in the North American Contactless Payment Market (2025-2031)
  • Table 7.7: Trends and Forecast for the United States Contactless Payment Market (2019-2031)
  • Table 7.8: Trends and Forecast for the Mexican Contactless Payment Market (2019-2031)
  • Table 7.9: Trends and Forecast for the Canadian Contactless Payment Market (2019-2031)
  • Table 8.1: Trends of the European Contactless Payment Market (2019-2024)
  • Table 8.2: Forecast for the European Contactless Payment Market (2025-2031)
  • Table 8.3: Market Size and CAGR of Various Type in the European Contactless Payment Market (2019-2024)
  • Table 8.4: Market Size and CAGR of Various Type in the European Contactless Payment Market (2025-2031)
  • Table 8.5: Market Size and CAGR of Various Application in the European Contactless Payment Market (2019-2024)
  • Table 8.6: Market Size and CAGR of Various Application in the European Contactless Payment Market (2025-2031)
  • Table 8.7: Trends and Forecast for the German Contactless Payment Market (2019-2031)
  • Table 8.8: Trends and Forecast for the French Contactless Payment Market (2019-2031)
  • Table 8.9: Trends and Forecast for the Spanish Contactless Payment Market (2019-2031)
  • Table 8.10: Trends and Forecast for the Italian Contactless Payment Market (2019-2031)
  • Table 8.11: Trends and Forecast for the United Kingdom Contactless Payment Market (2019-2031)
  • Table 9.1: Trends of the APAC Contactless Payment Market (2019-2024)
  • Table 9.2: Forecast for the APAC Contactless Payment Market (2025-2031)
  • Table 9.3: Market Size and CAGR of Various Type in the APAC Contactless Payment Market (2019-2024)
  • Table 9.4: Market Size and CAGR of Various Type in the APAC Contactless Payment Market (2025-2031)
  • Table 9.5: Market Size and CAGR of Various Application in the APAC Contactless Payment Market (2019-2024)
  • Table 9.6: Market Size and CAGR of Various Application in the APAC Contactless Payment Market (2025-2031)
  • Table 9.7: Trends and Forecast for the Japanese Contactless Payment Market (2019-2031)
  • Table 9.8: Trends and Forecast for the Indian Contactless Payment Market (2019-2031)
  • Table 9.9: Trends and Forecast for the Chinese Contactless Payment Market (2019-2031)
  • Table 9.10: Trends and Forecast for the South Korean Contactless Payment Market (2019-2031)
  • Table 9.11: Trends and Forecast for the Indonesian Contactless Payment Market (2019-2031)
  • Table 10.1: Trends of the ROW Contactless Payment Market (2019-2024)
  • Table 10.2: Forecast for the ROW Contactless Payment Market (2025-2031)
  • Table 10.3: Market Size and CAGR of Various Type in the ROW Contactless Payment Market (2019-2024)
  • Table 10.4: Market Size and CAGR of Various Type in the ROW Contactless Payment Market (2025-2031)
  • Table 10.5: Market Size and CAGR of Various Application in the ROW Contactless Payment Market (2019-2024)
  • Table 10.6: Market Size and CAGR of Various Application in the ROW Contactless Payment Market (2025-2031)
  • Table 10.7: Trends and Forecast for the Middle Eastern Contactless Payment Market (2019-2031)
  • Table 10.8: Trends and Forecast for the South American Contactless Payment Market (2019-2031)
  • Table 10.9: Trends and Forecast for the African Contactless Payment Market (2019-2031)
  • Table 11.1: Product Mapping of Contactless Payment Suppliers Based on Segments
  • Table 11.2: Operational Integration of Contactless Payment Manufacturers
  • Table 11.3: Rankings of Suppliers Based on Contactless Payment Revenue
  • Table 12.1: New Product Launches by Major Contactless Payment Producers (2019-2024)
  • Table 12.2: Certification Acquired by Major Competitor in the Global Contactless Payment Market
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

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