openPR Logo
Press release

Contactless PoS Payment Market Growth and Industry Development by 2030 | Gemalto, Infineon, Ingenico

10-25-2023 11:42 AM CET | IT, New Media & Software

Press release from: INFINITY BUSINESS INSIGHTS

Contactless PoS Payment Market Growth and Industry Development

Infinity Business Insights has recently released a comprehensive research report titled "Contactless PoS Payment Market Insights, Extending to 2030." This publication spans over 110+ pages and offers an engaging presentation with visually appealing tables and charts that are self-explanatory.

Market Overview: The Contactless Point of Sale (PoS) Payment market is experiencing rapid growth as consumers and businesses increasingly adopt contactless payment methods for convenience and safety. Contactless PoS payments utilize near-field communication (NFC) technology, allowing users to make transactions by simply tapping or waving their contactless-enabled cards, smartphones, or wearables near a PoS terminal. The market is driven by the desire for faster and more efficient transactions, coupled with the global shift towards a cashless economy. Contactless PoS payments offer a seamless and secure payment experience, contributing to the overall evolution of the payment landscape.

The global contactless PoS payment market is expected to grow at a CAGR of 8.4% from 2023 to 2030. This growth is being driven by the increasing adoption of contactless PoS payment systems to reduce the risk of fraud and improve the checkout experience for customers.

Request Free Sample Contactless PoS Payment Market report
https://www.infinitybusinessinsights.com/request_sample.php?id=1158048&mode=sk

Top key players:
Gemalto, Infineon, Ingenico, Wirecard, Verifone, Giesecke+Devrient, IDEMIA, On Track Innovations, Identiv, CPI Card Group

Industry Analysis: The industry analysis of Contactless PoS Payments explores overarching trends and challenges shaping the sector. This includes the impact of emerging technologies such as wearables and the Internet of Things (IoT) on the future of contactless payments, the role of regulatory bodies in promoting or hindering adoption, and potential collaborations with fintech companies for innovative payment solutions. The report also assesses challenges such as security concerns, standardization of contactless payment technologies, and the evolution of consumer behavior towards contactless transactions. Additionally, it examines collaborations and partnerships within the industry, including alliances between financial institutions, payment networks, and technology providers.

Recent Developments: Recent developments in Contactless PoS Payments include advancements in security features such as tokenization and biometric authentication, providing an extra layer of protection for users. The integration of contactless payments with mobile wallets and digital payment platforms has become more prevalent, enhancing the versatility of contactless transactions. Moreover, innovations in wearables, smart cards, and the expansion of contactless payment infrastructure globally are contributing to the widespread adoption of this technology. The market is witnessing continuous development to enhance user experience, security, and interoperability with various payment methods.

Global Contactless PoS Payment Market Split by Product Type and Applications

This report segments the Contactless PoS Payment Market on the basis of Types:
Smartphones
Smartcards
Others

On the basis of Application, the Contactless PoS Payment Market is segmented into:
Retail
Hospitality
Healthcare
Energy and Utilities
Transportation
Logistics
BFSI
Others

Flat 20% off on Contactless PoS Payment Market Report
https://www.infinitybusinessinsights.com/checkout?id=1158048&discount=20&mode=sk

Competitive Analysis: The competitive landscape of Contactless PoS Payments features financial institutions, payment service providers, technology companies, and PoS terminal manufacturers. Key competitive factors include the speed and efficiency of transactions, the security of contactless payment methods, and the availability of contactless-enabled devices and cards. Established players may leverage their extensive networks and partnerships, while new entrants may focus on providing innovative solutions or expanding contactless payment acceptance in new markets. Success in this market is often determined by the ability to offer a secure, user-friendly, and widely accepted contactless payment solution.

Gemalto, a Thales company, is a global leader in digital security, specializing in solutions for secure identity, authentication, and data protection. They provide services such as digital banking security, identity and access management, and secure IoT connectivity.

Infineon Technologies is a semiconductor manufacturer that produces a wide range of semiconductor solutions, including microcontrollers, power management chips, and security chips. They play a vital role in the development of technologies related to automotive, industrial, and IoT applications.

Ingenico, now part of Worldline, is a global payment solutions provider, offering point-of-sale terminals, payment processing services, and secure payment technology. They enable electronic payment transactions and help businesses and consumers complete secure and convenient financial transactions.

Market Opportunities: The market opportunities in Contactless PoS Payments are substantial, driven by the ongoing global transition towards digital payments and the increasing demand for touchless transaction methods. Opportunities include expanding contactless payment acceptance in emerging markets, collaborating with retailers and businesses to promote contactless payments, and developing solutions that cater to specific industries such as hospitality and transportation. As consumers become more accustomed to contactless payments, there is potential for further innovation, including the integration of loyalty programs, rewards, and personalized offers within the contactless payment experience.

You can get some information about this research here
https://www.infinitybusinessinsights.com/enquiry_before_buying.php?id=1158048&mode=sk

Regional Analysis:
The adoption and impact of Contactless PoS Payments exhibit regional variations influenced by factors such as regulatory frameworks, technological infrastructure, and consumer preferences. This report conducts a detailed regional analysis, spotlighting key markets and their unique dynamics. Variations in regulatory support for contactless payments, the prevalence of mobile and card-based payments, and the competitive landscape are examined. Understanding these regional nuances is crucial for payment service providers and stakeholders to tailor their offerings, comply with local regulations, and capitalize on specific opportunities in the global market.

Reasons Why You Should Buy This Report:
1.Comprehensive Insights: Get a deep understanding of the market with comprehensive insights.
2.Data-Driven Decisions: Make informed decisions backed by data and analysis.
3.Competitive Advantage: Gain a competitive edge with profiles of key market players.
4.Future Outlook: Stay prepared for the future with forward-looking market analysis.
5.Regional Insights: Tailor your strategies with regional-specific insights.

FAQs:
A. During the projected period, what will be the market's development rate, development force, or speed increase?
B. What are the fundamental drivers of the market?
C. As far as worth, how large was the developing business sector in 2023?

Browse complete Contactless PoS Payment Market report details with table of contents and list of figures click here
https://www.infinitybusinessinsights.com/reports/global-contactless-pos-payment-market-2023-by-company-regions-type-and-application-forecast-to-2029-1158048?mode=sk

Table of Contents:
1 Contactless PoS Payment Market Overview
2 Company Profiles
3 Contactless PoS Payment Market Competition, by Players
4 Contactless PoS Payment Market Size Segment by Type
5 Contactless PoS Payment Market Size Segment by Application
6 North America by Country, by Type, and by Application
7 Europe by Country, by Type, and by Application
8 Asia-Pacific by Region, by Type, and by Application
9 South America by Country, by Type, and by Application
10 Middle East & Africa by Country, by Type, and by Application
11 Research Findings and Conclusion
12 Appendix...

If you have any special requirements, please let us know and we will offer you the report as you want.

Contact Us:
473 Mundet Place, Hillside, New Jersey, United States, Zip 07205
International - +1 518 300 3575
Email: inquiry@infinitybusinessinsights.com
Website: https://www.infinitybusinessinsights.com

About Us:
Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Contactless PoS Payment Market Growth and Industry Development by 2030 | Gemalto, Infineon, Ingenico here

News-ID: 3262182 • Views:

More Releases from INFINITY BUSINESS INSIGHTS

Mobile M2M Module Market Growth Analysis 2024-2030 | Huawei Technology, M2M Data, Sierra Wireless
Mobile M2M Module Market Growth Analysis 2024-2030 | Huawei Technology, M2M Data …
The Mobile M2M Module Market is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The Mobile M2M Module Market
Artificial Intelligence (AI) Market in BFSI Sector Market Size, 2024 Analysis, Industry Trends and Forecasts to 2030 | AWS, IBM Corp., Amazon Web Services Inc.
Artificial Intelligence (AI) Market in BFSI Sector Market Size, 2024 Analysis, I …
The report begins with an overview of the Artificial Intelligence (AI) Market in BFSI Sector Market and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Artificial Intelligence (AI) Market in BFSI Sector
Catv Amplifiers Mmics Market Future Trends Outlook 2024, and Forecast to 2030 | Maxim Integrated, Qorvo, ASB
Catv Amplifiers Mmics Market Future Trends Outlook 2024, and Forecast to 2030 | …
The Catv Amplifiers Mmics Market is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The Catv Amplifiers Mmics Market
IoT Analytics Market Share, Size, Financial Summaries Analysis from 2024-2030 | Hitachi, Ltd., International Business Machines (IBM) Corporation
IoT Analytics Market Share, Size, Financial Summaries Analysis from 2024-2030 | …
The report begins with an overview of the IoT Analytics Market and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, IoT Analytics Market scenario, and feasibility study are the important aspects analyzed

All 5 Releases


More Releases for PoS

The Continuing Growth Story of Restaurant POS System Market | Square, BIM POS, T …
Global Restaurant POS System Market by Player, Region, Type, Application and Sales Channel is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the
POS Software Market is Booming Worldwide with Realtime POS, Alexandria Computers …
Advance Market Analytics released the research report of Global POS Software Market, offers a detailed overview of the factors influencing the global business scope. POS Software Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the POS Software. This Report covers the emerging player's data, including: competitive
Cloud POS Market to 2027 - Square, Intuit, Oracle, Shopify,Toast, Vend, Accu POS …
The global Cloud POS market valued at US$ 4.95 Bn in 2018 and is expected to grow at a CAGR of 21.6% during the forecast period 2019 – 2027, and reach US$ 27.82 Bn in 2027. Key Benefits- - To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Cloud POS Market - To forecast the size of the market segments with
POS Software Market Is Booming Worldwide | Realtime POS, Heartland Payment Syste …
Advance Market Analytics recently introduced POS Software Comprehensive Study by Type Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Realtime POS, Inc. (United States) , Heartland
Global Restaurant POS Software Market Forecast 2018-2025 Loyverse , eZee Techno …
Global Restaurant POS Software Market This report focuses on the global Restaurant POS Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Restaurant POS Software development in United States, Europe and China. In 2017, the global Restaurant POS Software 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. Request
Restaurant POS Software Market 2017 - Abacre, Aldelo, Loyverse, Boxy POS, BIM PO …
Apex Research, recently published a detailed market research study focused on the "Restaurant POS Software Market" across the global, regional and country level. The report provides 360° analysis of "Restaurant POS Software Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Restaurant POS Software industry, and estimates the future trend of Restaurant