Global Contactless Payment Market to grow at a CAGR of +20% during forecast period 2017-2021

Research N Reports has added a market study, titled “Global Contactless Payment Market Size, Status and Forecast 2021,” to its database. The report analyzes and forecasts the market both at the global and regional level. The study covers the impact of various drivers and restraints in the market and highlights the opportunities in it. It estimates its current and future size vis-à-vis revenue and the current and future competitive dynamics.

Based on device, the market has been segmented into smartphones & wearables, point-of-sale terminals, and smart cards. Various financial service providers are offering increased convenient payment mechanism and transaction volumes by providing secure transaction devices. Based on end user the market is categorized into telecommunication & information technology, energy & utilities, transportation & logistics, government, retail, hospitality, healthcare, banking, financial services and insurance and other end user.

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Key players:
Gemalto, Visa Inc., Giesecke & Devrient GmbH, Heartland Payment Systems, Verifone, Ingenico Group SA, On Track Innovations Ltd., Oberthur Technologies (OT) Morpho, Thales Group, and Wirecard AG.

Contactless Payment Market to grow at a CAGR of +20% during forecast period 2017-2021.

The geographical segmentation of the Global Contactless Payment Market entails the dominant regions in the market during the forecast period. Information on the region leading this market and the reasons for the dominance of this region are also some of the aspects highlighted under this section of the report. The competitive landscape section of the report presents the major vendors operating in the global Contactless Payment market. These key vendors are analyzed based on attributes such as their product profile, product introductions, SWOT analysis, and contact information.

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This study report on global Contactless Payment market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities. The report talks about the competitive environment prevailing in the Contactless Payment market worldwide. The report lists the key players in the market and also provides insightful information about them such as their business overview, product segmentation, and revenue segmentation. Further, the report studies the market share held by the key players and forecast their growth during the next couple of years. The report also looks at the latest developments among the key players in the Contactless Payment market such as partnerships, mergers, and acquisitions.

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