Contactless Payments - Global Market Outlook (2018-2027)

Contactless Payments - Global Market Outlook (2018-2027)

According to Stratistics MRC, the Global Contactless Payment Market is accounted for $7.97 billion in 2018 and is expected to reach $25.30 billion by 2027 growing at a CAGR of 13.7% during the forecast period. Increased customer satisfaction and rising revenue opportunities are the major factors driving the market growth. However, lower adoption rate is restraining the market growth.

Contactless payment systems consist of smart cards or further devices in coordination with RFID or NFC technologies for making a secure payment. They are done in close physical proximity preventing unapproved access during the transaction, dissimilar to mobile payments that are done through the web.

Based on device, the Point of Sales (POS) segment is likely to have a huge demand due to different advantages, such as easy usability, decrease in the time spent on queuing and mobility. By geography, Europe is going to have a lucrative growth during the forecast period as it is highly fragmented by the presence of range of countries that are economically and technologically advanced.

Some of the key players profiled in the Contactless Payment Market include Castles Technologies, ID Tech Solutions, Ingenico Group SA, On Track Innovations , OTI Ltd, SumUp Inc, Thales Group (Gemalto NV), VeriFone Systems Inc and Visiontek.

Devices Covered:
• Point of Sale (POS)
• Mobile Handsets

Operational Frequencies Covered:
• Low Frequency
• Ultra High Frequency
• High Frequency

Payment Methods Covered:
• Contactless Credit Card
• Contactless Wearables
• Contactless Debit Card
• Contactless Mobile Payment

Technologies Covered:
• Bluetooth
• Radio-frequency Identification (RFID)
• Wi-Fi
• Near Field Communication (NFC)

End Users Covered:
• Retail
• Healthcare
• Transportation
• Restaurants

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Contactless Payment Market, By Device
5.1 Introduction
5.2 Point of Sale (POS)
5.3 Mobile Handsets
6 Global Contactless Payment Market, By Operational Frequency
6.1 Introduction
6.2 Low Frequency
6.3 Ultra High Frequency
6.4 High Frequency
7 Global Contactless Payment Market, By Payment Method
7.1 Introduction
7.2 Contactless Credit Card
7.3 Contactless Wearables
7.4 Contactless Debit Card
7.5 Contactless Mobile Payment
8 Global Contactless Payment Market, By Technology
8.1 Introduction
8.2 Bluetooth
8.3 Radio-frequency Identification (RFID)
8.4 Wi-Fi
8.5 Near Field Communication (NFC)
9 Global Contactless Payment Market, By End User
9.1 Introduction
9.2 Retail
9.3 Healthcare
9.4 Transportation
9.5 Restaurants
10 Global Contactless Payment Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Castles Technologies
12.2 ID Tech Solutions
12.3 Ingenico Group SA
12.4 On Track Innovations
12.5 OTI Ltd
12.6 SumUp Inc
12.7 Thales Group (Gemalto NV)
12.8 VeriFone Systems Inc
12.9 Visiontek
List of Tables
Table 1 Global Contactless Payment Market Outlook, By Region (2017-2027) ($MN)
Table 2 Global Contactless Payment Market Outlook, By Device (2017-2027) ($MN)
Table 3 Global Contactless Payment Market Outlook, By Point of Sale (POS) (2017-2027) ($MN)
Table 4 Global Contactless Payment Market Outlook, By Mobile Handsets (2017-2027) ($MN)
Table 5 Global Contactless Payment Market Outlook, By Operational Frequency (2017-2027) ($MN)
Table 6 Global Contactless Payment Market Outlook, By Low Frequency (2017-2027) ($MN)
Table 7 Global Contactless Payment Market Outlook, By Ultra High Frequency (2017-2027) ($MN)
Table 8 Global Contactless Payment Market Outlook, By High Frequency (2017-2027) ($MN)
Table 9 Global Contactless Payment Market Outlook, By Payment Method (2017-2027) ($MN)
Table 10 Global Contactless Payment Market Outlook, By Contactless Credit Card (2017-2027) ($MN)
Table 11 Global Contactless Payment Market Outlook, By Contactless Wearables (2017-2027) ($MN)
Table 12 Global Contactless Payment Market Outlook, By Contactless Debit Card (2017-2027) ($MN)
Table 13 Global Contactless Payment Market Outlook, By Contactless Mobile Payment (2017-2027) ($MN)
Table 14 Global Contactless Payment Market Outlook, By Technology (2017-2027) ($MN)
Table 15 Global Contactless Payment Market Outlook, By Bluetooth (2017-2027) ($MN)
Table 16 Global Contactless Payment Market Outlook, By Radio-frequency Identification (RFID) (2017-2027) ($MN)
Table 17 Global Contactless Payment Market Outlook, By Wi-Fi (2017-2027) ($MN)
Table 18 Global Contactless Payment Market Outlook, By Near Field Communication (NFC) (2017-2027) ($MN)
Table 19 Global Contactless Payment Market Outlook, By End User (2017-2027) ($MN)
Table 20 Global Contactless Payment Market Outlook, By Retail (2017-2027) ($MN)
Table 21 Global Contactless Payment Market Outlook, By Healthcare (2017-2027) ($MN)
Table 22 Global Contactless Payment Market Outlook, By Transportation (2017-2027) ($MN)
Table 23 Global Contactless Payment Market Outlook, By Restaurants (2017-2027) ($MN)
Table 24 North America Contactless Payment Market Outlook, By Country (2017-2027) ($MN)
Table 25 North America Contactless Payment Market Outlook, By Device (2017-2027) ($MN)
Table 26 North America Contactless Payment Market Outlook, By Point of Sale (POS) (2017-2027) ($MN)
Table 27 North America Contactless Payment Market Outlook, By Mobile Handsets (2017-2027) ($MN)
Table 28 North America Contactless Payment Market Outlook, By Operational Frequency (2017-2027) ($MN)
Table 29 North America Contactless Payment Market Outlook, By Low Frequency (2017-2027) ($MN)
Table 30 North America Contactless Payment Market Outlook, By Ultra High Frequency (2017-2027) ($MN)
Table 31 North America Contactless Payment Market Outlook, By High Frequency (2017-2027) ($MN)
Table 32 North America Contactless Payment Market Outlook, By Payment Method (2017-2027) ($MN)
Table 33 North America Contactless Payment Market Outlook, By Contactless Credit Card (2017-2027) ($MN)
Table 34 North America Contactless Payment Market Outlook, By Contactless Wearables (2017-2027) ($MN)
Table 35 North America Contactless Payment Market Outlook, By Contactless Debit Card (2017-2027) ($MN)
Table 36 North America Contactless Payment Market Outlook, By Contactless Mobile Payment (2017-2027) ($MN)
Table 37 North America Contactless Payment Market Outlook, By Technology (2017-2027) ($MN)
Table 38 North America Contactless Payment Market Outlook, By Bluetooth (2017-2027) ($MN)
Table 39 North America Contactless Payment Market Outlook, By Radio-frequency Identification (RFID) (2017-2027) ($MN)
Table 40 North America Contactless Payment Market Outlook, By Wi-Fi (2017-2027) ($MN)
Table 41 North America Contactless Payment Market Outlook, By Near Field Communication (NFC) (2017-2027) ($MN)
Table 42 North America Contactless Payment Market Outlook, By End User (2017-2027) ($MN)
Table 43 North America Contactless Payment Market Outlook, By Retail (2017-2027) ($MN)
Table 44 North America Contactless Payment Market Outlook, By Healthcare (2017-2027) ($MN)
Table 45 North America Contactless Payment Market Outlook, By Transportation (2017-2027) ($MN)
Table 46 North America Contactless Payment Market Outlook, By Restaurants (2017-2027) ($MN)
Table 47 Europe Contactless Payment Market Outlook, By Country (2017-2027) ($MN)
Table 48 Europe Contactless Payment Market Outlook, By Device (2017-2027) ($MN)
Table 49 Europe Contactless Payment Market Outlook, By Point of Sale (POS) (2017-2027) ($MN)
Table 50 Europe Contactless Payment Market Outlook, By Mobile Handsets (2017-2027) ($MN)
Table 51 Europe Contactless Payment Market Outlook, By Operational Frequency (2017-2027) ($MN)
Table 52 Europe Contactless Payment Market Outlook, By Low Frequency (2017-2027) ($MN)
Table 53 Europe Contactless Payment Market Outlook, By Ultra High Frequency (2017-2027) ($MN)
Table 54 Europe Contactless Payment Market Outlook, By High Frequency (2017-2027) ($MN)
Table 55 Europe Contactless Payment Market Outlook, By Payment Method (2017-2027) ($MN)
Table 56 Europe Contactless Payment Market Outlook, By Contactless Credit Card (2017-2027) ($MN)
Table 57 Europe Contactless Payment Market Outlook, By Contactless Wearables (2017-2027) ($MN)
Table 58 Europe Contactless Payment Market Outlook, By Contactless Debit Card (2017-2027) ($MN)
Table 59 Europe Contactless Payment Market Outlook, By Contactless Mobile Payment (2017-2027) ($MN)
Table 60 Europe Contactless Payment Market Outlook, By Technology (2017-2027) ($MN)
Table 61 Europe Contactless Payment Market Outlook, By Bluetooth (2017-2027) ($MN)
Table 62 Europe Contactless Payment Market Outlook, By Radio-frequency Identification (RFID) (2017-2027) ($MN)
Table 63 Europe Contactless Payment Market Outlook, By Wi-Fi (2017-2027) ($MN)
Table 64 Europe Contactless Payment Market Outlook, By Near Field Communication (NFC) (2017-2027) ($MN)
Table 65 Europe Contactless Payment Market Outlook, By End User (2017-2027) ($MN)
Table 66 Europe Contactless Payment Market Outlook, By Retail (2017-2027) ($MN)
Table 67 Europe Contactless Payment Market Outlook, By Healthcare (2017-2027) ($MN)
Table 68 Europe Contactless Payment Market Outlook, By Transportation (2017-2027) ($MN)
Table 69 Europe Contactless Payment Market Outlook, By Restaurants (2017-2027) ($MN)
Table 70 Asia Pacific Contactless Payment Market Outlook, By Country (2017-2027) ($MN)
Table 71 Asia Pacific Contactless Payment Market Outlook, By Device (2017-2027) ($MN)
Table 72 Asia Pacific Contactless Payment Market Outlook, By Point of Sale (POS) (2017-2027) ($MN)
Table 73 Asia Pacific Contactless Payment Market Outlook, By Mobile Handsets (2017-2027) ($MN)
Table 74 Asia Pacific Contactless Payment Market Outlook, By Operational Frequency (2017-2027) ($MN)
Table 75 Asia Pacific Contactless Payment Market Outlook, By Low Frequency (2017-2027) ($MN)
Table 76 Asia Pacific Contactless Payment Market Outlook, By Ultra High Frequency (2017-2027) ($MN)
Table 77 Asia Pacific Contactless Payment Market Outlook, By High Frequency (2017-2027) ($MN)
Table 78 Asia Pacific Contactless Payment Market Outlook, By Payment Method (2017-2027) ($MN)
Table 79 Asia Pacific Contactless Payment Market Outlook, By Contactless Credit Card (2017-2027) ($MN)
Table 80 Asia Pacific Contactless Payment Market Outlook, By Contactless Wearables (2017-2027) ($MN)
Table 81 Asia Pacific Contactless Payment Market Outlook, By Contactless Debit Card (2017-2027) ($MN)
Table 82 Asia Pacific Contactless Payment Market Outlook, By Contactless Mobile Payment (2017-2027) ($MN)
Table 83 Asia Pacific Contactless Payment Market Outlook, By Technology (2017-2027) ($MN)
Table 84 Asia Pacific Contactless Payment Market Outlook, By Bluetooth (2017-2027) ($MN)
Table 85 Asia Pacific Contactless Payment Market Outlook, By Radio-frequency Identification (RFID) (2017-2027) ($MN)
Table 86 Asia Pacific Contactless Payment Market Outlook, By Wi-Fi (2017-2027) ($MN)
Table 87 Asia Pacific Contactless Payment Market Outlook, By Near Field Communication (NFC) (2017-2027) ($MN)
Table 88 Asia Pacific Contactless Payment Market Outlook, By End User (2017-2027) ($MN)
Table 89 Asia Pacific Contactless Payment Market Outlook, By Retail (2017-2027) ($MN)
Table 90 Asia Pacific Contactless Payment Market Outlook, By Healthcare (2017-2027) ($MN)
Table 91 Asia Pacific Contactless Payment Market Outlook, By Transportation (2017-2027) ($MN)
Table 92 Asia Pacific Contactless Payment Market Outlook, By Restaurants (2017-2027) ($MN)
Table 93 South America Contactless Payment Market Outlook, By Country (2017-2027) ($MN)
Table 94 South America Contactless Payment Market Outlook, By Device (2017-2027) ($MN)
Table 95 South America Contactless Payment Market Outlook, By Point of Sale (POS) (2017-2027) ($MN)
Table 96 South America Contactless Payment Market Outlook, By Mobile Handsets (2017-2027) ($MN)
Table 97 South America Contactless Payment Market Outlook, By Operational Frequency (2017-2027) ($MN)
Table 98 South America Contactless Payment Market Outlook, By Low Frequency (2017-2027) ($MN)
Table 99 South America Contactless Payment Market Outlook, By Ultra High Frequency (2017-2027) ($MN)
Table 100 South America Contactless Payment Market Outlook, By High Frequency (2017-2027) ($MN)
Table 101 South America Contactless Payment Market Outlook, By Payment Method (2017-2027) ($MN)
Table 102 South America Contactless Payment Market Outlook, By Contactless Credit Card (2017-2027) ($MN)
Table 103 South America Contactless Payment Market Outlook, By Contactless Wearables (2017-2027) ($MN)
Table 104 South America Contactless Payment Market Outlook, By Contactless Debit Card (2017-2027) ($MN)
Table 105 South America Contactless Payment Market Outlook, By Contactless Mobile Payment (2017-2027) ($MN)
Table 106 South America Contactless Payment Market Outlook, By Technology (2017-2027) ($MN)
Table 107 South America Contactless Payment Market Outlook, By Bluetooth (2017-2027) ($MN)
Table 108 South America Contactless Payment Market Outlook, By Radio-frequency Identification (RFID) (2017-2027) ($MN)
Table 109 South America Contactless Payment Market Outlook, By Wi-Fi (2017-2027) ($MN)
Table 110 South America Contactless Payment Market Outlook, By Near Field Communication (NFC) (2017-2027) ($MN)
Table 111 South America Contactless Payment Market Outlook, By End User (2017-2027) ($MN)
Table 112 South America Contactless Payment Market Outlook, By Retail (2017-2027) ($MN)
Table 113 South America Contactless Payment Market Outlook, By Healthcare (2017-2027) ($MN)
Table 114 South America Contactless Payment Market Outlook, By Transportation (2017-2027) ($MN)
Table 115 South America Contactless Payment Market Outlook, By Restaurants (2017-2027) ($MN)
Table 116 Middle East & Africa Contactless Payment Market Outlook, By Country (2017-2027) ($MN)
Table 117 Middle East & Africa Contactless Payment Market Outlook, By Device (2017-2027) ($MN)
Table 118 Middle East & Africa Contactless Payment Market Outlook, By Point of Sale (POS) (2017-2027) ($MN)
Table 119 Middle East & Africa Contactless Payment Market Outlook, By Mobile Handsets (2017-2027) ($MN)
Table 120 Middle East & Africa Contactless Payment Market Outlook, By Operational Frequency (2017-2027) ($MN)
Table 121 Middle East & Africa Contactless Payment Market Outlook, By Low Frequency (2017-2027) ($MN)
Table 122 Middle East & Africa Contactless Payment Market Outlook, By Ultra High Frequency (2017-2027) ($MN)
Table 123 Middle East & Africa Contactless Payment Market Outlook, By High Frequency (2017-2027) ($MN)
Table 124 Middle East & Africa Contactless Payment Market Outlook, By Payment Method (2017-2027) ($MN)
Table 125 Middle East & Africa Contactless Payment Market Outlook, By Contactless Credit Card (2017-2027) ($MN)
Table 126 Middle East & Africa Contactless Payment Market Outlook, By Contactless Wearables (2017-2027) ($MN)
Table 127 Middle East & Africa Contactless Payment Market Outlook, By Contactless Debit Card (2017-2027) ($MN)
Table 128 Middle East & Africa Contactless Payment Market Outlook, By Contactless Mobile Payment (2017-2027) ($MN)
Table 129 Middle East & Africa Contactless Payment Market Outlook, By Technology (2017-2027) ($MN)
Table 130 Middle East & Africa Contactless Payment Market Outlook, By Bluetooth (2017-2027) ($MN)
Table 131 Middle East & Africa Contactless Payment Market Outlook, By Radio-frequency Identification (RFID) (2017-2027) ($MN)
Table 132 Middle East & Africa Contactless Payment Market Outlook, By Wi-Fi (2017-2027) ($MN)
Table 133 Middle East & Africa Contactless Payment Market Outlook, By Near Field Communication (NFC) (2017-2027) ($MN)
Table 134 Middle East & Africa Contactless Payment Market Outlook, By End User (2017-2027) ($MN)
Table 135 Middle East & Africa Contactless Payment Market Outlook, By Retail (2017-2027) ($MN)
Table 136 Middle East & Africa Contactless Payment Market Outlook, By Healthcare (2017-2027) ($MN)
Table 137 Middle East & Africa Contactless Payment Market Outlook, By Transportation (2017-2027) ($MN)
Table 138 Middle East & Africa Contactless Payment Market Outlook, By Restaurants (2017-2027) ($MN)

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