openPR Logo
Press release

Contactless EMV Cards Market : Market Regional Analysis, Key Players, Segments, Development and Opportunities by Forecast to 2025

Market Research Report

Market Research Report

Researchmoz added Most up-to-date research on "Contactless EMV Cards Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports.

EMV (Europay, MasterCard and Visa) is a payment technology for smart payment cards such as debit or credit card at POS (Point Of Sale) or ATM (Automated Tellar Machines). Contactless EMV cards are used to make payments without any physical contact with a machine. Contactless EMV cards work on RFID (Radio Frequency Identification) technology. Other than contactless EMV cards other means of contactless payments are NFC (Near Field Communication) phones, jewellery & rings, wristband and smart watches among others. In contactless payment market EMV cards is expected to hold the major share.

Payment through contactless EMV cards are fast, easy and secure for users. Cost of paper ticket or ‘smart’ ticket represents a substantial portion of cost of sale, while cash handling is an issue. After initial infrastructure for contactless payment is outlaid its operation cost is lower than traditional payment methods lowering transport operators cost in the log run. All these factors are leading to rise in demand for contactless EMV cards among card users and transportation authority in various countries. In U.K., leading bus operators have committed to make all buses contactless by 2022 and the U.K. rail industry intends to remove paper ticket by 2025.

Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=1513029

Increasing government initiative to adopt contactless EMV cards payment which aims to reduce the overall transportation cost is expected to create growth opportunity for the market during the forecasted period

Global contactless EMV card can be segmented based on type, end-use industry and geography. The market when segmented by type are RFID contactless EMV cards, RFIC (Radio Frequency Integrated Circuit) Contactless EMV cards, RFCPU Contactless EMV cards. By market when segmented by end-use industry are healthcare, government IDs (e-passport), retail sector, transport sector and other end-use industries.

By geography the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America. North America is expected to be a prominent contactless EMV cards market in the world. The U.S. is expected to be the dominant market in the region followed by Canada and Mexico. Europe has one of the highest adoption of contactless EMV payments and is one of the major markets in the world. The U.K. is expected to be the leading market for contactless EMV cards payment in Europe. Other major markets for contactless EMV cards in Europe are expected to be Germany, France, Italy and Spain. In 2014 contactless payment was first introduced in underground rail services in London, the U.K when an agreement was reached between the U.K. Card Association and Transport of London in 2013. Currently the U.K. as a whole is expected to develop Contactless Transit Framework for different transportation types for the U.K. Thus contactless payment market is anticipated to have a high growth rate during the forecasted period.

In Eastern Europe contactless EMV cards payment is also expected to have a high growth rate in Czech Republic, Poland, Hungary and Slovakia. Asia-Pacific is expected to be a significant contactless EMV cards market in the world. Australia is expected to be a leading player in contactless EMV Cards market in Asia Pacific region. Other major markets for contactless EMV cards in Asia-Pacific region expected to have high adoption of contactless payments are Singapore, Taiwan, Japan, South Korea, China and India. Middle East & Africa is expected to be a significant contactless EMV cards market lead by Saudi Arabia, UAE, Turkey, South Africa and others. South America is another significant contactless EMV cards market which includes Brazil and Argentina.

View Complete TOC with tables & Figures @ https://www.researchmoz.us/contactless-emv-cards-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html

The major players operating in the market are Gemalto N.V., NXP Semiconductors, Infineon Technologies, Giesecke & Devrient, Oberthur Technologies, ABCorp (American Banknote Corporation), Safran, Beijing Watchdata Co. Ltd, American Express, CardLogix among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

For More Information Kindly Contact :

ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
https://marketreserch1.blogspot.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Contactless EMV Cards Market : Market Regional Analysis, Key Players, Segments, Development and Opportunities by Forecast to 2025 here

News-ID: 1008042 • Views:

More Releases from Contactless EMV Cards Market

Contactless EMV Cards Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
Contactless EMV Cards Market - Global Industry Analysis, Size, Share, Growth, Tr …
Researchmoz added Most up-to-date research on "Contactless EMV Cards Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports. EMV (Europay, MasterCard and Visa) is a payment technology for smart payment cards such as debit or credit card at POS (Point Of Sale) or ATM (Automated Tellar Machines). Contactless EMV cards are used to make payments without any physical contact

More Releases for Contact

Surging Demand For Cloud-Based Contact Centers Fuels Contact Center Software Mar …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. Contact Centre Software Market Size Growth Forecast: What to Expect by 2025? The market size of contact centre software has expanded swiftly in the past few years. It is projected to progress from $43.39 billion in 2024 to $51.19 billion in 2025, growing at a compound annual growth rate (CAGR) of 18.0%. The growth
Xinzhe Metal: Elevator contact acceleration switch metal contact piece
Short Description:Elevator contact sheets are suitable for control panels of elevators, machinery, automobiles, medical equipment, electronics and other equipment due to their elastic recovery, conductivity, durability and stability.Material: aluminum, copper, etc. Image: https://www.abnewswire.com/uploads/5241f0a41f3cb10df8022c5706ad2b4d.png Advantages 1. More than 10 years of overseas trade expertise. 2. Provide one-stop service from mold design to product delivery. 3. Fast delivery time, about 25-40 days. 4. Strict quality management and process control (ISO 9001 certified manufacturer and factory). 5. Factory direct supply,
Xinzhe Metal: Elevator leveling flat contact switch metal contact piece
The metal contact of the elevator switch is a vital part of the switch assembly. Through high-quality materials and precision processing technology, the contact piece can provide stable and reliable performance in various applications. Image: https://www.abnewswire.com/uploads/b24c88661311c93e15b6aa7f1a2bdc02.png Advantages 1. More than 10 years of overseas trade expertise. 2. Provide one-stop service from mold design to product delivery. 3. Fast delivery time, about 25-40 days. 4. Strict quality management and process control (ISO 9001 certified manufacturer and factory). 5.
Michigan Contact Lens Offers Extremely Affordable Contact Lenses To US Consumers
Michigan Contact Lens, a leading specialty contact lens practice, is pleased to announce the addition of all its contact lenses to its website, michigancontactlens.com. This move allows customers to take advantage of wholesale prices on a wide range of contact lenses, revolutionizing the contact lens market in Michigan. As a service-first practice, Michigan Contact Lens is committed to providing exceptional customer service and ensuring the best vision care for its patients.
Streamlining Contact Data: The Success of Bulk Merge for Duplicate Contact Manag …
• Overview: • An international nonprofit organization faced a challenge with a database containing 3,569,188 contacts, of which 33,742 were duplicates. • The Organization's Problem: • The nonprofit needed an efficient way to remove duplicate contacts to enhance data integrity. • Manual review of millions of contacts was impractical. • The Organization's Decision: • The nonprofit consulted Astreca's experts. • They implemented the Bulk Merge app, which used advanced algorithms to detect and flag duplicates for removal. • Data technicians reviewed flagged entries before deletion. To know more@https://astreca.com/case-studies/bulk-merge-contact-integrity/ • Business
Global Corrective Contact Lens Market Analysis Forecast 2022-2028 Global Industr …
The Corrective Contact Lens Market research report offers key values on the state of the industries. The study involved research on landscape-specific skill as well as detailed information on each section. The Corrective Contact Lens research report highlights inner and outer examination of the current worldwide Corrective Contact Lens market. This Corrective Contact Lens market report includes major competitors and players involved in the market. The classification also involves the