PUBLISHER: QYResearch | PRODUCT CODE: 1052071
PUBLISHER: QYResearch | PRODUCT CODE: 1052071
Contactless payment is gradually becoming an important part of the payments process in various industries. Consumers along with businesses are rapidly accepting various ways that are highly safe and convenient for the payment of their purchases via contactless methods including contactless wearable devices, contactless card (RFID/NFC), and devoted contactless mobile payment apps, by making use of the RFID or NFC technologies.
Market Analysis and Insights: Global Contactless Payment Transaction Market
The global Contactless Payment Transaction market size is projected to reach US$ 426380 million by 2028, from US$ 65710 million in 2021, at a CAGR of 30.1% during 2022-2028.
Fully considering the economic change by this health crisis, Wearable Devices accounting for % of the Contactless Payment Transaction global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Transport segment is altered to an % CAGR throughout this forecast period.
China Contactless Payment Transaction market size is valued at US$ million in 2021, while the North America and Europe Contactless Payment Transaction are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Contactless Payment Transaction landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Contactless Payment Transaction market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Contactless Payment Transaction market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Contactless Payment Transaction market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Contactless Payment Transaction market.
Global Contactless Payment Transaction Scope and Market Size
Contactless Payment Transaction market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Contactless Payment Transaction market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Segment by Application
By Company
By Region