Press release
Global Contactless Payment Transaction Market growth analysis by key players (2019-2025): Wirecard AG, Gemalto N.V., Thales Group, Mifare Pvt. Ltd. Square Inc., and Glance Technologies Inc.
According to OMR analysis, the Global Contactless Payment Transaction Market is estimated to rise with a significant CAGR during the forecast period (2019-2025). Contactless payment services are being adopted rapidly in order to make the financial transaction easy and fast. Contactless payment has evolved with the emergence of digital payments over the last decades. Fintech sector is responsible for development in digital payment services. The sector is revolutionizing the payment services in the potential region of Asia-Pacific due to increasing demand for digital platforms for the financial sector. Contactless payments work on the RFID (Radio Frequency Identification) or NFC technology. Contactless payment is effectively adopted in sectors dealing with a huge number of financial transactions such as BFSI (Banking, Financial Services, and Insurance), supermarkets, shopping centers, transportation, and various other sectors. Additionally, with the ease of operation, consumers are inclined to contactless payment services. Government initiatives for the adoption of digital financial services in order to develop a digital economy and to curb unaccounted money is augmenting the value for global contactless payment market.A full report of Global Contactless Payment Transaction Market is available at https://www.omrglobal.com/industry-reports/contactless-payment-transaction-market/
Furthermore, the Global Contactless Payment Transaction Market is segmented on the basis of device type and end-user. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.
Market Segmentation
1. Global Contactless Payment Market by Device
• Smartphones
• Smart cards
• Point of Sale (PoS) Terminals
• Others
2. Global Contactless Payment Market by End-User
• Retail
• Telecommunication
• BFSI
• Others
Region Covered
• North America (US and Canada)
• Europe (UK, Germany, France, Spain, and Italy)
• Asia-Pacific (China, India, South Korea, and Japan)
• Rest of the World (Middle East & Africa and Latin America)
Company Profile
• Advanced Card Systems Ltd.
• Bank of America Corp.
• Garmin Ltd.
• Gemalto NV
• Giesecke+Devrient GmbH
• Glance Technologies Inc.
• Heartland Payment Systems Inc.
• IBM Corp.
• Infineon Technologies AG
• Ingenico Group SA
• On Track Innovations Ltd.
• PayPal Inc.
• Prepay Technologies Ltd.
• Setomatic Systems
• Sqaure Inc.
• Thales Group
• Valitor HF
• VeriFone Inc.
• Visa Inc.
• Wirecard AG
For related reports please visit https://www.omrglobal.com/reports-category/ict-market/
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About Orion Market Research
Orion Market Research (OMR) a research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company aims to provide business insights for decision making to the global clients and offers quality syndicated research reports, customized research reports, Company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.
Contact us
Orion Market Research Pvt. Ltd.
Anurag Tiwari
Email: info@omrglobal.com
India: +91 7803040404
Global:+1 6467557667
Indore-India-452010
Web: www.omrglobal.com
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