Press release
NFC Payments Market : Global Opportunity Analysis and Industry Forecast, 2023-2032
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COVID-19 scenario analysis:
The coronavirus pandemic has a huge effect on the mobile payment industry as customers and businesses were forced to switch their buying habits significantly, and the banking industry is working to preserve cash access while keeping the customer safe.
Many nations across the globe have implemented various regulations on payment processing to keep people safe form the pandemic situation.
Major players such as PayPal have introduced QR code scanner system to transfer money instead of physical cash, which possibly leads to avoidance of COVID transmission.
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis:
Increase in shift of payment form cash to digital and surge in inclination in contactless payments across the globe drives the growth of the NFC Payments Market. In addition, increase customer satisfaction and to provide enhance customer experience companies are adopting NFC payment which boost the growth of the market.
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Key benefits of the report:
This study presents the analytical depiction of the global NFC payments market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global NFC payments market share.
The current market is quantitatively analyzed to highlight the global NFC payments market growth scenario.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed market analysis based on the present and future competitive intensity of the market.
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NFC Payments Market Report Highlights
By Component
Solution
Service
By Technology
Radio Frequency Identification
Near Field Communication
Host Card Emulation
By Payment Mode
Smartphones
Smartcards
Others
By INDUSTRY VERTICAL
Retail
Healthcare
Hospitality
Energy & Utilities
Transportation & Logistics
BFSI
Others
By Region
North America (U.S., Canada)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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