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Contactless Payments Market is expected to reach 81600 million USD by the end of 2023

12-13-2018 04:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Info Research

Contactless Payments Market is expected to reach 81600 million

New report published by Global Info Research which offers insights on the global Contactless Payments market.

The mobile payment industry has evolved over the past decade with advanced technologies and innovative developments by the key players for providing ease of payment using devices such as mobile handsets, point of sale terminals, NFC chips, smart cards, and others. Contactless payment systems comprise smart cards or other devices that integrate RFID or NFC technologies for making secure and contactless payment. Unlike mobile payments that are done through the internet, contactless payments are carried out in close physical proximity preventing unauthorized access during the transaction(s).

Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-contactless-payments-market_p96154.html

Global Contactless Payments Market: Forecast by Type / Application / Region

The global contactless payments market is driven by reduced transaction time, convenience in processing low-value payments, and increased revenue opportunities. However, high costs involved for the installation of EPOS terminals and lower rate of adoption hamper the contactless payments market growth.

The global Contactless Payments market is valued at 23400 million USD in 2017 and is expected to reach 81600 million USD by the end of 2023, growing at a CAGR of 23.1% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Contactless Payments.

Europe also play important roles in global market, with market size of x million USD in 2017 and will be x million USD in 2023, with a CAGR of x%.

Global Nonferrous Metal Recycling Market:Key Players
Ingenico Group
Verifone Systems, Inc.
Inside Secure
on Track Innovations
Oberthur Technologies SA
Proxama, PLC.
Wirecard AG
Giesecke & Devrient GmbH
Gemalto N.V.
Heartland Payment Systems, Inc

Ask for Discount on Research Report and Request Sample Copy of Report@
https://www.globalinforesearch.com/global-contactless-payments-market_p96154.html

Related Information:
United States Contactless Payments Market 2018 Forecast to 2023
Europe Contactless Payments Market 2018 Forecast to 2023
North America Contactless Payments Market 2018 Forecast to 2023
Asia-Pacific Contactless Payments Market 2018 Forecast to 2023
China Contactless Payments Market 2018 Forecast to 2023
EMEA Contactless Payments Market 2018 Forecast to 2023
Global Contactless Payments Market 2018 Forecast to 2023

About Us:
GlobalInfoResearch is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. GlobalInfoResearch will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.

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