Contactless Payment Market Emerging Demand & Top Companies Analysis by Giesecke & Devrient, Proxama, Verifone Systems, on Track Innovations, Ingenico, Oberthur Technologies, Wirecard) Industry Set to Rise at 21.65% CAGR by 2025

Global Contactless Payment Market 2019-2025: The Global Contactless Payment Market was valued at USD 6.81 billion in 2016 and is projected to reach USD 39.73 billion by 2025, growing at a CAGR of 21.65% from 2017 to 2025.

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A contactless payment system is an innovation in point-of-sale payments that does not require the traditional transactions used in either cash or conventional credit or debit card design. Using this method, users just have to place a card or another item in proximity to a piece of cashiering hardware in order to complete the transaction and no PIN number is required. Benefits of contactless payment system include – convenient and easy to use, increased safety and security, provide operational efficiency, and can have technology integration option.

The major players in the market are as follows:
1. Giesecke & Devrient GmbH
2. Proxama, PLC
3. Verifone Systems, Inc.
4. on Track Innovations
5. Ingenico Group
6. Oberthur Technologies Sa
7. Wirecard AG
8. Inside Secure
9. Gemalto N.V.
10. Heartland Payment Systems, Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Market Dynamics:
1. Market Drivers
1.1 Adoption of dual-interface chip technology
1.2 Increasing need for contactless payment technology in mobile handsets
1.3 Flexible integration with existing cards and increased average transaction value
1.4 Decreasing transaction time and increasing revenue opportunity
1.5 Improved service delivery and better customer insights
2. Market Restraints
2.1 Poor standardization and consumer awareness
2.2 Increasing deployment costs
2.3 Security concerns related to contactless technologies

Market Segmentation:
The Global Contactless Payment Market is segmented on the payment mode, component, application, and region.

1. By Payment Mode:
1.1 Contactless Smart Cards
1.2 Contactless Form Factors
1.3 Mobile Handsets

2. By Component:
2.1 Solution
2.1.1 Hosted POS Solution
2.1.2 Analytics Solution
2.1.3 Transaction Management Solution
2.1.4 Device Management Solution
2.1.5 Payment Terminal Solution
2.1.6 Contactless Mobile Payment Solution
2.1.7 Data Management Solution
2.1.8 Security and Fraud Management Solution
2.2 Service
2.2.1 Professional Services
2.2.2 Multi-channel Payment and Value-added Services
2.2.3 Managed Services

3. By Application:
3.1 Retail
3.2 Healthcare
3.3 Government
3.4 IT and Telecom
3.5 Banking, Financial Services, and Insurance (BFSI)
3.6 Transportation and Logistics
3.7 Others

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

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Table of Content

INTRODUCTION OF GLOBAL CONTACTLESS PAYMENT MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL CONTACTLESS PAYMENT MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL CONTACTLESS PAYMENT MARKET BY PAYMENT MODE:
5.1 Contactless Smart Cards
5.2 Contactless Form Factors
5.3 Mobile Handsets

6 GLOBAL CONTACTLESS PAYMENT MARKET BY COMPONENT:
6.1 Solution
6.1.1 Hosted POS Solution
6.1.2 Analytics Solution
6.1.3 Transaction Management Solution
6.1.4 Device Management Solution
6.1.5 Payment Terminal Solution
6.1.6 Contactless Mobile Payment Solution
6.1.7 Data Management Solution
6.1.8 Security and Fraud Management Solution
6.2 Service
6.2.1 Professional Services
6.2.2 Multi-channel Payment and Value-added Services
6.2.3 Managed Services

7 GLOBAL CONTACTLESS PAYMENT MARKET BY APPLICATION:
7.1 Retail
7.2 Healthcare
7.3 Government
7.4 IT and Telecom
7.5 Banking, Financial Services, and Insurance (BFSI)
7.6 Transportation and Logistics
7.7 Others

8 GLOBAL CONTACTLESS PAYMENT MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 – 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 – 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 – 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 – 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 – 2025

9 GLOBAL CONTACTLESS PAYMENT MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies

10 COMPANY PROFILES
10.1 Giesecke & Devrient GmbH
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Proxama, PLC
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 Verifone Systems, Inc.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 on Track Innovations
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 Ingenico Group
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Oberthur Technologies Sa
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Wirecard AG
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Inside Secure
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 Gemalto N.V.
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 Heartland Payment Systems, Inc.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

11 Appendix
11.1 Related Reports

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