Comprehensive analysis on Contactless Payments Market Size | Key Players are: Ingenico Group, Verifone Systems, Inc., Inside Secure, on Track Innovations, Oberthur Technologies SA, Proxama, PLC., Wirecard AG, Giesecke & Devrient GmbH, Gemalto N.V., Heartl

A collective analysis on Contactless Payments Market by Market Study Report, LLC, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. In addition, this research offers a detailed competitive analysis focusing on business outlook emphasizing expansion strategies accepted by market majors.

According to this study, over the next five years the Contactless Payments market will register a 23.1% CAGR in terms of revenue, the global market size will reach US$ 81600 million by 2023, from US$ 23400 million in 2017. In particular, this report presents the global revenue market share of key companies in Contactless Payments business, shared in Chapter 3.

Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/1357852?utm_source=openpr.com&utm_medium=ABHIJEET

The key manufacturers covered in this report:

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.

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).

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.

This report presents a comprehensive overview, market shares and growth opportunities of Contactless Payments market by product type, application, key companies and key regions.
This study considers the Contactless Payments value generated from the sales of the following segments:

Request a discount on standard prices of this premium report at https://www.marketstudyreport.com/check-for-discount/1357852?utm_source=openpr.com&utm_medium=ABHIJEET

Segmentation by product type: breakdown data from 2013 to 2018, in Section 2.3; and forecast to 2023 in section 10.7.

Payment Terminal Solution
Transaction Management
Hosted Point-of-sale
Analytics

Segmentation by application: breakdown data from 2013 to 2018, in Section 2.4; and forecast to 2023 in section 10.8.

BFSI
Retail
IT & Telecom
Transportation
Hospitality
Government
Others

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Contactless Payments 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 Payments market by identifying its various subsegments.

Focuses on the key global Contactless Payments 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 Payments 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 Payments 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.

Table of Contents

2018-2023 Global Contactless Payments Market Report (Status and Outlook)
1 Scope of the Report
2 Executive Summary
3 Global Contactless Payments by Players
4 Contactless Payments by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Contactless Payments Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

Complete report at https://www.marketstudyreport.com/reports/global-contactless-payments-market-growth-status-and-outlook-2018-2023?utm_source=openpr.com&utm_medium=ABHIJEET

RELETED REPORT: Global Contactless Payments Market Size, Status and Forecast 2025

This report studies the global Contactless Payments market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Contactless Payments market by companies, region, type and end-use industry.
In 2017, the global Contactless Payments market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.

https://www.marketstudyreport.com/reports/global-contactless-payments-market-size-status-and-forecast-2025?utm_source=openpr.com&utm_medium=ABHIJEET

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: sales@marketstudyreport.com

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog

This release was published on openPR.