Press release
Contactless Payment Transaction Market Emerging Growth 2018 to 2023 by Top Companies - Barclays, Apple Inc, Gemalto NV, Heartland Payment Systems Inc, Giesecke & Devrient GmbH
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.Key drivers attributing to the growth of the market include increasing global geriatric population, regulatory changes, rising healthcare costs, and the need to improve payer's operational efficiency and customer satisfaction.
Top Companies Covered in this Report:
Barclays, Apple Inc, Gemalto NV, Heartland Payment Systems Inc, Giesecke & Devrient GmbH, Ingenico Group, On Track Innovations Ltd, Inside Secure, Samsung Electronics Ltd, Wirecard AG, Verifone Systems Inc
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In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Contactless Payment Transaction market for 2018-2023.
This report includes the estimation of Contactless Payment Transaction Market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Contactless Payment Transaction Market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Over the next five years, Publisher projects that Contactless Payment Transaction will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Contactless Payment Transaction market by product type, application, key companies and key regions.
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To calculate the market size, Publisher considers value generated from the sales of the following segments:
Contactless Payment Transaction Market Segmentation by product type:
Wearable Devices
Contactless Card (RFID/NFC)
Contactless Mobile Payment
Contactless Payment Transaction Market Segmentation by application:
Transport
Hospitality
Media and Entertainment
Healthcare
Retail
Research objectives
To study and analyze the global Contactless Payment Transaction market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Contactless Payment Transaction market by identifying its various subsegments.
Focuses on the key global Contactless Payment Transaction players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Contactless Payment Transaction with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Contactless Payment Transaction submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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