Contactless payment market is anticipated to grow at a considerable CAGR of 20.1% during the forecast period (2023-2030). Contactless Payment Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms to have constant observation of latest market trends which keep on changing. Constants shifts in the trends and key advancements are observed in the market through this Contactless Payment Market report and inform key firms about them. By knowing this, business owners can take effective actions before actually developing any product or service. It also aims at offering thorough knowledge regarding competitors to assist them in taking strategic decision making.
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Global contactless payment market comprises of various companies such as Wirecard AG, Gemalto N.V., Thales Group, Mifare Pvt. Ltd. Square Inc., and Glance Technologies Inc., among others. The companies are focused on platform innovation with the help of anti-fraud technologies. The companies are focused on the retail sector and are expanding the geographic presence according to the consumer base. Collaborations in the fintech sector remain one of the primary strategies which help to gain a competitive advantage over competitors.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Contactless Payment Market by Payment Type
- Smartphone Based
- Card Based
Global Contactless Payment Market by Application
- Retail
- Healthcare
- Transportation
- Hospitality
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Com
- Com, Inc.
- American Express Co.
- Apple Inc.
- CPI Card Group
- Gemalto
- Giesecke+Devrient GmbH
- Infineon
- Ingenico
- Mastercard
- PayCore
- Paypal Holdings Inc.
- PayU
- SumUp
- Thales Group
- Visa Inc.
The Report Covers-
- Market value data analysis for 2023 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global contactless payment market. Based on the availability of data, information related to new product launches and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who stands where’ in the market.
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