Global Contactless Payment Market 2020-2030 by Component (Hardware, Solutions, Services), Solution, Device Type (Smartphones, Smart Cards, PoS Terminals, NFC Chips), Technology (RFID, NFC, HCE, Bluetooth), Industry Vertical (Retail, Healthcare, Hospitality), and Region: Trend Forecast and Growth Opportunity

Report ID: 920979 | Published Date: Sep 2024 | No. of Page: 189 | Base Year: 2023 | Rating: 5 | Webstory: Check our Web story
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1 Introduction	9
1.1 Industry Definition and Research Scope	9
1.1.1 Industry Definition	9
1.1.2 Research Scope	10
1.2 Research Methodology	13
1.2.1 Overview of Market Research Methodology	13
1.2.2 Market Assumption	14
1.2.3 Secondary Data	14
1.2.4 Primary Data	14
1.2.5 Data Filtration and Model Design	15
1.2.6 Market Size/Share Estimation	16
1.2.7 Research Limitations	17
1.3 Executive Summary	18
2 Market Overview and Dynamics	21
2.1 Market Size and Forecast	21
2.1.1 Impact of COVID-19 on World Economy	22
2.1.2 Impact of COVID-19 on the Market	25
2.2 Major Growth Drivers	27
2.3 Market Restraints and Challenges	31
2.4 Emerging Opportunities and Market Trends	34
2.5 Porter’s Fiver Forces Analysis	38
3 Segmentation of Global Market by Component	42
3.1 Market Overview by Component	42
3.2 Hardware	44
3.3 Solutions	45
3.4 Services	46
4 Segmentation of Global Market by Solution	47
4.1 Market Overview by Solution	47
4.2 Payment Terminal Solution	49
4.3 Transaction Management	50
4.4 Device Management Solution	51
4.5 Contactless Mobile Payment Solution	52
4.6 Security and Fraud Management	53
4.7 Hosted Point-of-Sales	54
4.8 Other Solutions	55
5 Segmentation of Global Market by Device Type	56
5.1 Market Overview by Device Type	56
5.2 Smartphones	58
5.3 Smart Cards	59
5.4 Point of Sale (PoS) Terminals	60
5.5 NFC Chips	61
5.6 Other Devices	62
6 Segmentation of Global Market by Technology	63
6.1 Market Overview by Technology	63
6.2 Radio Frequency Identification (RFID)	65
6.3 Near Field Communication (NFC)	66
6.4 Host Card Emulation (HCE)	67
6.5 Bluetooth	68
6.6 Other Technologies	69
7 Segmentation of Global Market by Industry Vertical	70
7.1 Market Overview by Industry Vertical	70
7.2 Retail	72
7.3 Healthcare	73
7.4 Hospitality	74
7.5 Transportation & Logistics	75
7.6 BFSI	76
7.7 IT and Telecommunication	77
7.8 Energy & Utilities	78
7.9 Government	79
7.10 Other Industry Verticals	80
8 Segmentation of Global Market by Region	81
8.1 Geographic Market Overview 2019-2030	81
8.2 North America Market 2019-2030 by Country	85
8.2.1 Overview of North America Market	85
8.2.2 U.S.	89
8.2.3 Canada	93
8.2.4 Mexico	96
8.3 European Market 2019-2030 by Country	99
8.3.1 Overview of European Market	99
8.3.2 Germany	103
8.3.3 U.K.	106
8.3.4 France	109
8.3.5 Spain	112
8.3.6 Netherlands	115
8.3.7 Russia	118
8.3.8 Rest of European Market	121
8.4 Asia-Pacific Market 2019-2030 by Country	123
8.4.1 Overview of Asia-Pacific Market	123
8.4.2 Japan	127
8.4.3 China	131
8.4.4 Australia	134
8.4.5 India	137
8.4.6 South Korea	140
8.4.7 Rest of APAC Region	143
8.5 South America Market 2019-2030 by Country	145
8.5.1 Argentina	148
8.5.2 Brazil	151
8.5.3 Chile	154
8.5.4 Rest of South America Market	157
8.6 MEA Market 2019-2030 by Country	158
8.6.1 UAE	161
8.6.2 Saudi Arabia	164
8.6.3 South Africa	167
8.6.4 Other National Markets	170
9 Competitive Landscape	171
9.1 Overview of Key Vendors	171
9.2 New Product Launch, Partnership, Investment, and M&A	174
9.3 Company Profiles	175
Giesecke+Devrient Mobile Security GmbH	175
Heartland Payment Systems Inc	177
IDEMIA	178
Ingenico Group SA	179
Oberthur Technologies Morpho	180
On Track Innovations LTD	181
PAX Technology, Inc.	182
Setomatic Systems	183
Thales Group (Gemalto N.V.)	184
Valitor	185
VeriFone, Inc.	186
Visa Inc.	187
Wirecard AG	188
RELATED REPORTS	189
List of Tables:

Table 1.  Snapshot of Global Contactless Payment Market in Balanced Perspective, 2019-2030	19
Table 2. Growth Rate of World GDP, 2020-2022	23
Table 3.  Main Product Trends and Market Opportunities in Global Contactless Payment Market	34
Table 4. Global Contactless Payment Market by Component, 2019-2030, $ bn	42
Table 5. Global Contactless Payment Market by Solution, 2019-2030, $ bn	47
Table 6. Global Contactless Payment Market by Device Type, 2019-2030, $ bn	56
Table 7. Global Contactless Payment Market by Technology, 2019-2030, $ bn	63
Table 8. Global Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	70
Table 9. Global Contactless Payment Market by Region, 2019-2030, $ bn	82
Table 10.  Leading National Contactless Payment Market, 2019 and 2030F, $ bn	84
Table 11. North America Contactless Payment Market by Country, 2019-2030, $ bn	87
Table 12. U.S. Contactless Payment Market by Solution, 2019-2030, $ bn	91
Table 13. U.S. Contactless Payment Market by Device Type, 2019-2030, $ bn	91
Table 14. U.S. Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	92
Table 15. Canada Contactless Payment Market by Solution, 2019-2030, $ bn	94
Table 16. Canada Contactless Payment Market by Device Type, 2019-2030, $ bn	94
Table 17. Canada Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	95
Table 18. Mexico Contactless Payment Market by Solution, 2019-2030, $ bn	97
Table 19. Mexico Contactless Payment Market by Device Type, 2019-2030, $ bn	97
Table 20. Mexico Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	98
Table 21. Europe Contactless Payment Market by Country, 2019-2030, $ bn	102
Table 22. Germany Contactless Payment Market by Solution, 2019-2030, $ bn	104
Table 23. Germany Contactless Payment Market by Device Type, 2019-2030, $ bn	104
Table 24. Germany Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	105
Table 25. U.K. Contactless Payment Market by Solution, 2019-2030, $ bn	107
Table 26. U.K. Contactless Payment Market by Device Type, 2019-2030, $ bn	107
Table 27. U.K. Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	108
Table 28. France Contactless Payment Market by Solution, 2019-2030, $ bn	110
Table 29. France Contactless Payment Market by Device Type, 2019-2030, $ bn	110
Table 30. France Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	111
Table 31. Spain Contactless Payment Market by Solution, 2019-2030, $ bn	113
Table 32. Spain Contactless Payment Market by Device Type, 2019-2030, $ bn	113
Table 33. Spain Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	114
Table 34. Netherlands Contactless Payment Market by Solution, 2019-2030, $ bn	116
Table 35. Netherlands Contactless Payment Market by Device Type, 2019-2030, $ bn	116
Table 36. Netherlands Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	117
Table 37. Russia Contactless Payment Market by Solution, 2019-2030, $ bn	119
Table 38. Russia Contactless Payment Market by Device Type, 2019-2030, $ bn	119
Table 39. Russia Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	120
Table 40. Contactless Payment Market in Rest of Europe by Country, 2019-2030, $ bn	122
Table 41. APAC Contactless Payment Market by Country, 2019-2030, $ bn	125
Table 42. Japan Contactless Payment Market by Solution, 2019-2030, $ bn	129
Table 43. Japan Contactless Payment Market by Device Type, 2019-2030, $ bn	129
Table 44. Japan Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	130
Table 45. China Contactless Payment Market by Solution, 2019-2030, $ bn	132
Table 46. China Contactless Payment Market by Device Type, 2019-2030, $ bn	132
Table 47. China Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	133
Table 48. Australia Contactless Payment Market by Solution, 2019-2030, $ bn	135
Table 49. Australia Contactless Payment Market by Device Type, 2019-2030, $ bn	135
Table 50. Australia Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	136
Table 51. India Contactless Payment Market by Solution, 2019-2030, $ bn	138
Table 52. India Contactless Payment Market by Device Type, 2019-2030, $ bn	138
Table 53. India Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	139
Table 54. South Korea Contactless Payment Market by Solution, 2019-2030, $ bn	141
Table 55. South Korea Contactless Payment Market by Device Type, 2019-2030, $ bn	141
Table 56. South Korea Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	142
Table 57. Contactless Payment Market in Rest of APAC by Country/Region, 2019-2030, $ bn	144
Table 58. South America Contactless Payment Market by Country, 2019-2030, $ bn	147
Table 59. Argentina Contactless Payment Market by Solution, 2019-2030, $ bn	149
Table 60. Argentina Contactless Payment Market by Device Type, 2019-2030, $ bn	149
Table 61. Argentina Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	150
Table 62. Brazil Contactless Payment Market by Solution, 2019-2030, $ bn	152
Table 63. Brazil Contactless Payment Market by Device Type, 2019-2030, $ bn	152
Table 64. Brazil Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	153
Table 65. Chile Contactless Payment Market by Solution, 2019-2030, $ bn	155
Table 66. Chile Contactless Payment Market by Device Type, 2019-2030, $ bn	155
Table 67. Chile Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	156
Table 68. MEA Contactless Payment Market by Country, 2019-2030, $ bn	160
Table 69. UAE Contactless Payment Market by Solution, 2019-2030, $ bn	162
Table 70. UAE Contactless Payment Market by Device Type, 2019-2030, $ bn	162
Table 71. UAE Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	163
Table 72. Saudi Arabia Contactless Payment Market by Solution, 2019-2030, $ bn	165
Table 73. Saudi Arabia Contactless Payment Market by Device Type, 2019-2030, $ bn	165
Table 74. Saudi Arabia Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	166
Table 75. South Africa Contactless Payment Market by Solution, 2019-2030, $ bn	168
Table 76. South Africa Contactless Payment Market by Device Type, 2019-2030, $ bn	168
Table 77. South Africa Contactless Payment Market by Industry Vertical, 2019-2030, $ bn	169
Table 78. Giesecke+Devrient Mobile Security GmbH: Company Snapshot	175
Table 79. Giesecke+Devrient Mobile Security GmbH: Business Segmentation	175
Table 80. Giesecke+Devrient Mobile Security GmbH: Product Portfolio	176
Table 81. Giesecke+Devrient Mobile Security GmbH: Revenue, 2018-2020, $ bn	176
List of Figures:

Figure 1. Research Method Flow Chart	13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation	16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030	18
Figure 4. Global Contactless Payment Market, 2019-2030, $ bn	21
Figure 5. Impact of COVID-19 on Business	25
Figure 6. Primary Drivers and Impact Factors of Global Contactless Payment Market	27
Figure 7. World E-commerce Market, 2019-2030, $ bn	30
Figure 8. World Mobile Banking Market, 2019-2030, $ mn	30
Figure 9. Primary Restraints and Impact Factors of Global Contactless Payment Market	31
Figure 10. Investment Opportunity Analysis	35
Figure 11. Porter’s Fiver Forces Analysis of Global Contactless Payment Market	38
Figure 12. Breakdown of Global Contactless Payment Market by Component, 2019-2030, % of Revenue	43
Figure 13. Global Addressable Market Cap in 2021-2030 by Component, Value ($ bn) and Share (%)	43
Figure 14. Global Contactless Payment Market by Component: Hardware, 2019-2030, $ bn	44
Figure 15. Global Contactless Payment Market by Component: Solutions, 2019-2030, $ bn	45
Figure 16. Global Contactless Payment Market by Component: Services, 2019-2030, $ bn	46
Figure 17. Breakdown of Global Contactless Payment Market by Solution, 2019-2030, % of Sales Revenue	48
Figure 18. Global Addressable Market Cap in 2021-2030 by Solution, Value ($ bn) and Share (%)	48
Figure 19. Global Contactless Payment Market by Solution: Payment Terminal Solution, 2019-2030, $ bn	49
Figure 20. Global Contactless Payment Market by Solution: Transaction Management, 2019-2030, $ bn	50
Figure 21. Global Contactless Payment Market by Solution: Device Management Solution, 2019-2030, $ bn	51
Figure 22. Global Contactless Payment Market by Solution: Contactless Mobile Payment Solution, 2019-2030, $ bn	52
Figure 23. Global Contactless Payment Market by Solution: Security and Fraud Management, 2019-2030, $ bn	53
Figure 24. Global Contactless Payment Market by Solution: Hosted Point-of-Sales, 2019-2030, $ bn	54
Figure 25. Global Contactless Payment Market by Solution: Other Solutions, 2019-2030, $ bn	55
Figure 26. Breakdown of Global Contactless Payment Market by Device Type, 2019-2030, % of Sales Revenue	57
Figure 27. Global Addressable Market Cap in 2021-2030 by Device Type, Value ($ bn) and Share (%)	57
Figure 28. Global Contactless Payment Market by Device Type: Smartphones, 2019-2030, $ bn	58
Figure 29. Global Contactless Payment Market by Device Type: Smart Cards, 2019-2030, $ bn	59
Figure 30. Global Contactless Payment Market by Device Type: Point of Sale (PoS) Terminals, 2019-2030, $ bn	60
Figure 31. Global Contactless Payment Market by Device Type: NFC Chips, 2019-2030, $ bn	61
Figure 32. Global Contactless Payment Market by Device Type: Other Devices, 2019-2030, $ bn	62
Figure 33. Breakdown of Global Contactless Payment Market by Technology, 2019-2030, % of Revenue	64
Figure 34. Global Addressable Market Cap in 2021-2030 by Technology, Value ($ bn) and Share (%)	64
Figure 35. Global Contactless Payment Market by Technology: Radio Frequency Identification (RFID), 2019-2030, $ bn	65
Figure 36. Global Contactless Payment Market by Technology: Near Field Communication (NFC), 2019-2030, $ bn	66
Figure 37. Global Contactless Payment Market by Technology: Host Card Emulation (HCE), 2019-2030, $ bn	67
Figure 38. Global Contactless Payment Market by Technology: Bluetooth, 2019-2030, $ bn	68
Figure 39. Global Contactless Payment Market by Technology: Other Technologies, 2019-2030, $ bn	69
Figure 40. Breakdown of Global Contactless Payment Market by Industry Vertical, 2019-2030, % of Revenue	71
Figure 41. Global Addressable Market Cap in 2021-2030 by Industry Vertical, Value ($ bn) and Share (%)	71
Figure 42. Global Contactless Payment Market by Industry Vertical: Retail, 2019-2030, $ bn	72
Figure 43. Global Contactless Payment Market by Industry Vertical: Healthcare, 2019-2030, $ bn	73
Figure 44. Global Contactless Payment Market by Industry Vertical: Hospitality, 2019-2030, $ bn	74
Figure 45. Global Contactless Payment Market by Industry Vertical: Transportation & Logistics, 2019-2030, $ bn	75
Figure 46. Global Contactless Payment Market by Industry Vertical: BFSI, 2019-2030, $ bn	76
Figure 47. Global Contactless Payment Market by Industry Vertical: IT and Telecommunication, 2019-2030, $ bn	77
Figure 48. Global Contactless Payment Market by Industry Vertical: Energy & Utilities, 2019-2030, $ bn	78
Figure 49. Global Contactless Payment Market by Industry Vertical: Government, 2019-2030, $ bn	79
Figure 50. Global Contactless Payment Market by Industry Vertical: Other Industry Verticals, 2019-2030, $ bn	80
Figure 51.  Global Market Snapshot by Region	81
Figure 52.  Geographic Spread of Worldwide Contactless Payment Market, 2019-2030, % of Sales Revenue	82
Figure 53. Global Addressable Market Cap in 2021-2030 by Region, Value ($ bn) and Share (%)	83
Figure 54.  North American Contactless Payment Market, 2019-2030, $ bn	86
Figure 55. Breakdown of North America Contactless Payment Market by Country, 2019 and 2030, % of Revenue	87
Figure 56. Contribution to North America 2021-2030 Cumulative Market by Country, Value ($ bn) and Share (%)	88
Figure 57. U.S. Contactless Payment Market, 2019-2030, $ bn	90
Figure 58. Canada Contactless Payment Market, 2019-2030, $ bn	93
Figure 59.  Contactless Payment Market in Mexico, 2019-2030, $ bn	96
Figure 60.  European Contactless Payment Market, 2019-2030, $ bn	100
Figure 61. Breakdown of European Contactless Payment Market by Country, 2019 and 2030, % of Revenue	101
Figure 62. Contribution to Europe 2021-2030 Cumulative Market by Country, Value ($ bn) and Share (%)	102
Figure 63.  Contactless Payment Market in Germany, 2019-2030, $ bn	103
Figure 64.  Contactless Payment Market in U.K., 2019-2030, $ bn	106
Figure 65.  Contactless Payment Market in France, 2019-2030, $ bn	109
Figure 66.  Contactless Payment Market in Spain, 2019-2030, $ bn	112
Figure 67.  Contactless Payment Market in Netherlands, 2019-2030, $ bn	115
Figure 68.  Contactless Payment Market in Russia, 2019-2030, $ bn	118
Figure 69.  Contactless Payment Market in Rest of Europe, 2019-2030, $ bn	121
Figure 70. Asia-Pacific Contactless Payment Market, 2019-2030, $ bn	124
Figure 71. Breakdown of APAC Contactless Payment Market by Country, 2019 and 2030, % of Revenue	124
Figure 72. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ bn) and Share (%)	126
Figure 73.  Contactless Payment Market in Japan, 2019-2030, $ bn	128
Figure 74.  Contactless Payment Market in China, 2019-2030, $ bn	131
Figure 75.  Contactless Payment Market in Australia, 2019-2030, $ bn	134
Figure 76.  Contactless Payment Market in India, 2019-2030, $ bn	137
Figure 77.  Contactless Payment Market in South Korea, 2019-2030, $ bn	140
Figure 78.  Contactless Payment Market in Rest of APAC, 2019-2030, $ bn	143
Figure 79. South America Contactless Payment Market, 2019-2030, $ bn	146
Figure 80. Breakdown of South America Contactless Payment Market by Country, 2019 and 2030, % of Revenue	146
Figure 81. Contribution to South America 2021-2030 Cumulative Market by Country, Value ($ bn) and Share (%)	147
Figure 82.  Contactless Payment Market in Argentina, 2019-2030, $ bn	148
Figure 83.  Contactless Payment Market in Brazil, 2019-2030, $ bn	151
Figure 84.  Contactless Payment Market in Chile, 2019-2030, $ bn	154
Figure 85.  Contactless Payment Market in Rest of South America, 2019-2030, $ bn	157
Figure 86. Contactless Payment Market in Middle East and Africa (MEA), 2019-2030, $ bn	159
Figure 87. Breakdown of MEA Contactless Payment Market by Country, 2019 and 2030, % of Revenue	159
Figure 88. Contribution to MEA 2021-2030 Cumulative Market by Country, Value ($ bn) and Share (%)	160
Figure 89.  Contactless Payment Market in UAE, 2019-2030, $ bn	161
Figure 90.  Contactless Payment Market in Saudi Arabia, 2019-2030, $ bn	164
Figure 91.  Contactless Payment Market in South Africa, 2019-2030, $ bn	167
Figure 92. Growth Stage of Global Contactless Payment Industry over the Forecast Period	171
Companies Included in Reports:
Key Players (this may not be a complete list and extra companies can be added upon request): 
Giesecke+Devrient Mobile Security GmbH
Heartland Payment Systems Inc
IDEMIA
Ingenico Group SA
Oberthur Technologies Morpho
On Track Innovations LTD
PAX Technology, Inc.
Setomatic Systems
Thales Group (Gemalto N.V.)
Valitor
VeriFone, Inc.
Visa Inc.
Wirecard AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Frequently Asked Questions
Global Contactless Payment Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Global Contactless Payment Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Global Contactless Payment Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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