Contactless Payment Market 2019 Global Statistics, Analysis By Key Players – Giesecke & Devrient, Verifone Systems Inc., On Track Innovations(OTI), Ingenico Group, Wirecard, Inside Secure, Gemalto, Heartland Payment Systems, Proxama PLC, Oberthur Techno

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.

The Contactless Payment System is an addition to the point of sales payment system that functions on the basis of not using transactions that are traditional such as credit or debit card, as well as cash. The implementation of this method results in the user having to only place their mode of payment (i.e. card) in close distance to the hardware that is being used to cashier. This action itself, without the input of a PIN, will be enough to be able to complete the transaction. There are several advantages of using such a system as contactless payment, this system is easy to use, extremely convenient, especially in comparison to traditional payment methods as well as it increases the overall efficiency in the payment method.

With the rising need for contactless payment, the technology is now being implemented in smart phones. This results in the necessity of a more flexible integration of the system with the already existing cards as well as an increase in the average transaction value. The application of this practice has led to an overall decrease in transaction time as well as rise in the average transaction value. This technology advancement has led to the increase of the adoption of systems such as the dual faced chip technology. These factors are driving the market for contactless payment market. The lessening of the deployment costs, weak standardization, and the security concerns that are related to this market are factors that are restraining the growth of the market.

The Contactless Payment Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

This report is deeply helpful archive with incorporation of so much reaching market data connected with the crucial elements and subdivision of the "Worldwide Contactless Payment Market" which will have an effect on the event things of the business. The report could estimably encourage exchanges and leaders to deliver the difficulties and to choose up blessings from passing targeted "Worldwide Contactless Payment Market".

Global Contactless Payment Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report. Furthermore, a business overview, revenue share, and SWOT analysis of the leading players in the Contactless Payment Market is available in the report.

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The Major Key Players in the Market are as follows:

• Giesecke & Devrient GmbH
• Proxama, PLC
• Verifone Systems, Inc.
• on Track Innovations
• Ingenico Group
• Oberthur Technologies Sa
• Wirecard AG
• Inside Secure
• Gemalto N.V.
• Heartland Payment Systems, Inc.

Global Contactless Payment Market By Payment Mode:

• Contactless Smart Cards
• Contactless Form Factors
• Mobile Handsets

Global Contactless Payment Market By Component:
Solution

• Hosted POS Solution
• Analytics Solution
• Transaction Management Solution
• Device Management Solution
• Payment Terminal Solution
• Contactless Mobile Payment Solution
• Data Management Solution
• Security and Fraud Management Solution
• Service
• Professional Services
• Multi-channel Payment and Value-added Services
• Managed Services

Global Contactless Payment Market By Application:

• Retail
• Healthcare
• Government
• IT and Telecom
• Banking, Financial Services, and Insurance (BFSI)
• Transportation and Logistics
• Others

Global Contactless Payment Market, By Geography

• North America
• U.S.
• Canada
• Mexico

• Europe
• Germany
• U.K.
• France
• Rest of Europe

• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific

• Latin America
• Brazil
• Argentina

• Rest of the World

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Worldwide Contactless Payment Market Analysis to 2025 is a specialized and in-depth study of the Contactless Payment industry with a focus on the global market trend. The report aims to provide an overview of global Contactless Payment market with detailed market segmentation by product/application and geography. The global Contactless Payment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Contactless Payment players and offers key trends and opportunities in the market.

Also, key Contactless Payment Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.


Table Of Content

1 Introduction Of The Global Contactless Payment
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Contactless Payment Outlook
5 The Global Contactless Payment, By Systems
6 The Global Contactless Payment, By Service
7 The Global Contactless Payment, By Verticals
8 The Global Contactless Payment, By Applications
9 The Global Contactless Payment, By Geography
10 The Global Contactless Payment Competitive Landscape

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

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