The report on the Global Contactless Payments Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Drivers
- Awareness and rising use of plastic money
- Resistance to que and time consuming payment modes
- Increased convenience for low value payments
Restraints
- High initial investments involved in adopting electronic point of sale (EPOS) terminals
- Threat for cyber-attack
Report includes a detailed analysis on value chain in order to provide a holistic view of the contactless payments market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the contactless payments industry, from raw material suppliers to end-users.
Contactless payments market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The contactless payments market has been segmented based on solutions such as payment terminal solution, contactless mobile payment solution, device management solution, transaction management solution, data management solution, security and fraud management solution, hosted POS solution and analytics solution. The study provides forecast and estimates market for each solution in terms of revenue and volume during the forecast period from 2020 to 2026. Each solution has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
The contactless payments market has been segmented based on payment modes such as mobile handsets, contactless smart cards and contactless form factors. The study provides forecast and estimates market for each payment mode in terms of revenue and volume during the forecast period from 2020 to 2026. Each payment mode has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
The contactless payments market has further been segmented based on services such as professional services, managed services and multi-channel payment & value-added services. The study provides forecast and estimates market for each service in terms of revenue and volume during the forecast period from 2020 to 2026. Each service has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
The contactless payments market has been segmented based on applications such as government, banking, financial services and insurance (BFSI), telecommunication & IT, transportation & logistics, energy & utilities, healthcare, retail, hospitality and others. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2020 to 2026. Each application has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
In terms of geography, the contactless payments market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as:
- Gemalto N.V.
- Giesecke & Devrient GmbH
- Heartland Payment Systems, Inc.
- Ingenico Group
- MasterCard Worldwide
- Oberthur Technologies SA
- On Track Innovations Ltd.
- Paypal Inc.
- Proxama PLC
- Verifone Systems Inc.
- Visa Inc.
- Wirecard AG
A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides contactless payments market's mergers/acquisitions, partnerships, collaborations, new product lunches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Contactless Payments Market Analysis By Solution
- Payment Terminal Solution
- Contactless Mobile Payment Solution
- Device Management Solution
- Transaction Management Solution
- Data Management Solution
- Security And Fraud Management Solution
- Hosted POS Solution
- Analytics Solution
Contactless Payments Market Analysis By Payment Mode
- Mobile Handsets
- Contactless Smart Cards
- Contactless Form Factors
Contactless Payments Market Analysis By Service
- Professional Services
- Managed Services
- Multi-Channel Payment And Value-Added Services
Contactless Payments Market Analysis By Application
- Government
- Banking, Financial Services And Insurance (BFSI)
- Telecommunication & IT
- Transportation & Logistics
- Energy & Utilities
- Healthcare
- Retail
- Hospitality
- Others
Contactless Payments Market Analysis By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East And Africa
The Global Contactless Payments Market has been exhibited in detail in the following chapters -
Chapter 1 Contactless Payments Market Preface
Chapter 2 Executive Summary
Chapter 3 Contactless Payments Industry Analysis
Chapter 4 Contactless Payments Market Value Chain Analysis
Chapter 5 Contactless Payments Market Analysis By Solution
Chapter 6 Contactless Payments Market Analysis By Payment Mode
Chapter 7 Contactless Payments Market Analysis By Service
Chapter 8 Contactless Payments Market Analysis By Application
Chapter 9 Contactless Payments Market Analysis By Geography
Chapter 10 Competitive Landscape Of Contactless Payments Companies
Chapter 11 Company Profiles Of Contactless Payments Industry
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.