Press release
Asia-Pacific Contactless Payment Market Sluggish Growth Rate Foreseen by 2019-2025
Asia-Pacific contactless payment market is anticipated to grow at a CAGR 16.2% during the forecast period. Asia-Pacific is the fastest growing region in ICT sector due to its rapid transformation towards digital economies. Region comprises fastest emerging economies of India and China. Additionally, growing South East Asian countries such as Indonesia, Philippines, Singapore and others are gradually adopting advanced technologies in order to keep pace with competitive economies of the region and beyond Asia-Pacific as well.(Get 25% Discount on Buying this Report)
To Request a Sample of our Report on Asia-Pacific Contactless Payment Market: https://www.omrglobal.com/request-sample/asia-pacific-contactless-payment-market
Contactless payment is one such advanced technology, emerging economies are eyeing upon. Over the last decade, the contactless payments have witnessed dramatic changes with the rise of digital payments. The accelerating growth makes contactless payments an expanding and increasingly important component of the banking sector. Various financial institutions are continuously working with tech giants to develop contactless payment based platforms in order to reduce potential threats of cyber-attacks. Growing demand of contactless payment technology in financial services is rapidly taking the payment method from a buzzword to mainstream business. Though, the US and Europe are development centers for contactless payment technology due to presence of tech giants in these regions; Asia Pacific is testing ground for contactless payment due to its complex and penetrable financial infrastructure.
A full Report of Asia-Pacific Contactless Payment Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-contactless-payment-market
Asia-Pacific Contactless Payment Market Segmentation
By Device
· Smartphones
· Smart Cards
· Point of Sale Terminals
· Other
By End-User
· Retail
· BFSI
· Transportation
· Others
Regional Analysis
· Asia-Pacific
· India
· China
· Japan
Rest of Asia-Pacific
Company Profiles
· GEMALTO NV
· GIESECKE & DEVRIENT GMBH
· HEARTLAND PAYMENT SYSTEMS
· IBM CORP.
· INFINEON TECHNOLOGIES AG
· VALITOR HF
· VERIFONE SYSTEMS, INC
· VISA, INC.
· WIRECARD AG
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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