Global Contactless Payment Market

- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025

  • Date ICT & Media
  • Date January 2017
  • price $3995
 
 

Global Contactless Payment Market Overview:


The global contactless payment market is expected to grow at a CAGR of over 18% from 2017 to 2025. Contactless payment is the purchase of goods/products and services via debit, credit and smart cards, smartphones and other mobile devices that make use of radio frequency identification technology (RFID), near field communication (NFC) and Samsung pay magnetic secure transmission (MST). In addition, such payments are faster than cash transactions and improves service delivery, thereby resulting in a significant rise in the number of users.

Market Drivers and Restraints

The report discusses the demand drivers and the various challenges faced by the global contactless payment industry. Factors such as the increasing trend of QR codes, ID codes, internet shopping and mobile banking services propel the growth of the contactless payment solutions market. On the other hand, a reduction in queuing and transaction time and increased convenience in making low value payments restrain the industry growth.

Market Segmentation:

By Payment Modes

  • Smartphones
  • Wireless Payment Terminals

By Solution

  • POS Machines
  • Software
  • Services

By Industry

  • BFSI
  • Retail
  • Healthcare
  • Hospitality & Tourism
  • Government
  • Telecom & IT
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key Market Players

The report offers details on the key players operating in the global contactless payment market. The players are focused on strategies such as merger & acquisitions, product launches and more to maintain a leading position in market. The key players noted in the study include STMicroelectronics, INSIDE Secure, Infineon Technologies, Gemalto N.V., Giesecke & Devrient GmbH, Oberthur Technologies, On Track Innovations LTD., Diebold Inc., HID Global, Verifone Systems Inc. and STS Payments.

Key Takeaways from the Market
  • The study offers an in-depth analysis of the global contactless payment market, covering market size, market trends, market drivers and restraints, market share analysis, market classification, and company profiles.
  • The research report enhances the decision-making capabilities and helps develop effective counter strategies to gain a competitive advantage.
  • It helps examine competitive developments such as market expansions, new product launches, supply contracts, and mergers & acquisitions in the contactless payment market.
  • It helps evaluate competitor pricing, average market selling prices and trends in the market.
  • The Porter’s analysis allows to comprehend the competitive structure of the industry. It comprises the five forces such as the bargaining power of buyers, the bargaining power of suppliers, threat from substitutes, threat of new entrants, and industry rivalry.
  • The market research report describes and analyzes the diverse aspects of the individual market players in the global contactless payment market, such as their recent developments, respective business strategies, competitive advantage, their products and services, and growth prospects.
  • The study includes the top investment pockets to help stakeholders to identify the cash cows of the contactless payment industry.
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter’s analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global contactless payment market shares analysis, 2014-2025
3.4.1. Global contactless payment market shares by payment mode, 2014-2025
3.4.2. Global contactless payment market shares by solution, 2014-2025
3.4.3. Global contactless payment market shares by industry, 2014-2025
3.4.4. Global contactless payment market shares by geography, 2014-2025
4. Global contactless payment market by payment mode
4.1. Smartphones
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.1.3. Wireless payment terminals
4.1.3.1. historical market size by region, 2014-2016
4.1.3.2. market forecast by region, 2017-2025
5. Global contactless payment market by solution
5.1. POS machines
5.1.1. Historical market size by region, 2014-2016
5.1.2. Market forecast by region, 2017-2025
5.2. Software
5.2.1. Historical market size by region, 2014-2016
5.2.2. Market forecast by region, 2017-2025
5.3. Services
5.3.1. Historical market size by region, 2014-2016
5.3.2. Market forecast by region, 2017-2025
6. Global contactless payment market by industry
6.1. BFSI
6.1.1. Historical market size by region, 2014-2016
6.1.2. Market forecast by region, 2017-2025
6.2. Retail
6.2.1. Historical market size by region, 2014-2016
6.2.2. Market forecast by region, 2017-2025
6.3. Healthcare
6.3.1. Historical market size by region, 2014-2016
6.3.2. Market forecast by region, 2017-2025
6.4. Hospitality & tourism
6.4.1. Historical market size by region, 2014-2016
6.4.2. Market forecast by region, 2017-2025
6.5. Government
6.5.1. Historical market size by region, 2014-2016
6.5.2. Market forecast by region, 2017-2025
6.6. Telecom & IT
6.6.1. Historical market size by region, 2014-2016
6.6.2. Market forecast by region, 2017-2025
6.7. Others
6.7.1. Historical market size by region, 2014-2016
6.7.2. Market forecast by region, 2017-2025
7. Global contactless payment market by geography
7.1. North America
7.1.1. U.S.
7.1.1.1. Historical market size, 2014-2016
7.1.1.2. Market forecast, 2017-2025
7.1.2. Canada
7.1.2.1. Historical market size, 2014-2016
7.1.2.2. Market forecast, 2017-2025
7.1.3. Mexico
7.1.3.1. Historical market size, 2014-2016
7.1.3.2. Market forecast, 2017-2025
7.2. Europe
7.2.1. UK
7.2.1.1. Historical market size, 2014-2016
7.2.1.2. Market forecast, 2017-2025
7.2.2. Germany
7.2.2.1. Historical market size, 2014-2016
7.2.2.2. Market forecast, 2017-2025
7.2.3. France
7.2.3.1. Historical market size, 2014-2016
7.2.3.2. Market forecast, 2017-2025
7.2.4. Spain
7.2.4.1. Historical market size, 2014-2016
7.2.4.2. Market forecast, 2017-2025
7.2.5. Italy
7.2.5.1. Historical market size, 2014-2016
7.2.5.2. Market forecast, 2017-2025
7.2.6. Rest of Europe
7.2.6.1. Historical market size, 2014-2016
7.2.6.2. Market forecast, 2017-2025
7.3. Asia-Pacific
7.3.1. China
7.3.1.1. Historical market size, 2014-2016
7.3.1.2. Market forecast, 2017-2025
7.3.2. Japan
7.3.2.1. Historical market size, 2014-2016
7.3.2.2. Market forecast, 2017-2025
7.3.3. India
7.3.3.1. Historical market size, 2014-2016
7.3.3.2. Market forecast, 2017-2025
7.3.4. Australia
7.3.4.1. Historical market size, 2014-2016
7.3.4.2. Market forecast, 2017-2025
7.3.5. South Korea
7.3.5.1. Historical market size, 2014-2016
7.3.5.2. Market forecast, 2017-2025
7.3.6. Rest of Asia-Pacific
7.3.6.1. Historical market size, 2014-2016
7.3.6.2. Market forecast, 2017-2025
7.4. LAMEA
7.4.1. Brazil
7.4.1.1. Historical market size, 2014-2016
7.4.1.2. Market forecast, 2017-2025
7.4.2. Saudi Arabia
7.4.2.1. Historical market size, 2014-2016
7.4.2.2. Market forecast, 2017-2025
7.4.3. South Africa
7.4.3.1. Historical market size, 2014-2016
7.4.3.2. Market forecast, 2017-2025
7.4.4. Rest of LAMEA
7.4.4.1. Historical market size, 2014-2016
7.4.4.2. Market forecast, 2017-2025
8. Company Profiles
8.1. STMicroelectronics
8.1.1. Overview
8.1.2. Financials and business segments
8.1.3. Recent developments
8.2. INSIDE Secure
8.2.1. Overview
8.2.2. Financials and business segments
8.2.3. Recent developments
8.3. Infineon Technologies
8.3.1. Overview
8.3.2. Financials and business segments
8.3.3. Recent developments
8.4. Gemalto N.V.
8.4.1. Overview
8.4.2. Financials and business segments
8.4.3. Recent developments
8.5. Giesecke & Devrient GmbH
8.5.1. Overview
8.5.2. Financials and business segments
8.5.3. Recent developments
8.6. Oberthur Technologies
8.6.1. Overview
8.6.2. Financials and business segments
8.6.3. Recent developments
8.7. On Track Innovations LTD.
8.7.1. Overview
8.7.2. Financials and business segments
8.7.3. Recent developments
8.8. Diebold Inc.
8.8.1. Overview
8.8.2. Financials and business segments
8.8.3. Recent developments
8.9. HID Global
8.9.1. Overview
8.9.2. Financials and business segments
8.9.3. Recent developments
8.10. Verifone Systems Inc.
8.10.1. Overview
8.10.2. Financials and business segments
8.10.3. Recent developments
8.11. STS Payments
8.11.1. Overview
8.11.2. Financials and business segments
8.11.3. Recent developments

List of Tables

Table 1. Contactless Payment Market Share, by Payment Mode, 2014-2025
Table 2. Contactless Payment Market Share, by Solution, 2014-2025
Table 3. Contactless Payment Market Sharee, by Industry, 2014-2025
Table 4. Contactless Payment Market Share, by Region, 2014-2025
Table 5. Contactless Payment Market Value for Smartphones, by Region, 2017-2025, $million
Table 6. Contactless Payment Market Value for Wireless Payment Terminals, by Region, 2017-2025, $million
Table 7. Contactless Payment Market Value for POS Machines, by Region, 2017-2025, $million
Table 8. Contactless Payment Market Value for Software, by Region, 2017-2025, $million
Table 9. Contactless Payment Market Value for Services, by Region, 2017-2025, $million
Table 10. Contactless Payment Market Value for BFSI, by Region, 2017-2025, $million
Table 11. Contactless Payment Market Value for Retail, by Region, 2017-2025, $million
Table 12. Contactless Payment Market Value for Healthcare, by Region, 2017-2025, $million
Table 13. Contactless Payment Market Value for Hospitality & Tourism, by Region, 2017-2025, $million
Table 14. Contactless Payment Market Value for Government, by Region, 2017-2025, $million
Table 15. Contactless Payment Market Value for Telecom & IT, by Region, 2017-2025, $million
Table 16. Contactless Payment Market Value for Others, by Region, 2017-2025, $million
Table 17. Contactless Payment Market Value for North America, by Country, 2014-2025, $million
Table 18. Contactless Payment Market Value for North America, by Payment Mode, 2014-2025, $million
Table 19. Contactless Payment Market Value for North America, by Solution, 2014-2025, $million
Table 20. Contactless Payment Market Value for North America, by Industry, 2014-2025, $million
Table 21. Contactless Payment Market Value for Europe, by Country, 2014-2025, $million
Table 22. Contactless Payment Market Value for Europe, by Payment Mode, 2014-2025, $million
Table 23. Contactless Payment Market Value for Europe, by Solution, 2014-2025, $million
Table 24. Contactless Payment Market Value for Europe, by Industry, 2014-2025, $million
Table 25. Contactless Payment Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 26. Contactless Payment Market Value for Asia-Pacific, by Payment Mode, 2014-2025, $million
Table 27. Contactless Payment Market Value for Asia-Pacific, by Solution, 2014-2025, $million
Table 28. Contactless Payment Market Value for Asia-Pacific, by Industry, 2014-2025, $million
Table 29. Contactless Payment Market Value for LAMEA, by Country, 2014-2025, $million
Table 30. Contactless Payment Market Value for LAMEA, by Payment Mode, 2014-2025, $million
Table 31. Contactless Payment Market Value for LAMEA, by Solution, 2014-2025, $million
Table 32. Contactless Payment Market Value for LAMEA, by Industry, 2014-2025, $million
Table 33. STMicroelectronics - Company Snapshot
Table 34. INSIDE Secure - Company Snapshot
Table 35. Infineon Technologies - Company Snapshot
Table 36. Gemalto N.V. - Company Snapshot
Table 37. Giesecke & Devrient GmbH - Company Snapshot
Table 38. Oberthur Technologies - Company Snapshot
Table 39. On Track Innovations LTD. - Company Snapshot
Table 40. Diebold Inc. - Company Snapshot
Table 41. HID Global - Company Snapshot
Table 42. Verifone Systems Inc. - Company Snapshot
Table 43. STS Payments - Company Snapshot
 
List of Figures


Figure 1. Contactless Payment : Smartphones Market Value, 2014-2016, $million
Figure 2. Contactless Payment : Wireless Payment Terminals Market Value, 2014-2016, $million
Figure 3. Contactless Payment : POS Machines Market Value, 2014-2016, $million
Figure 4. Contactless Payment : Software Market Value, 2014-2016, $million
Figure 5. Contactless Payment : Services Market Value, 2014-2016, $million
Figure 6. Contactless Payment : BFSI Market Value, 2014-2016, $million
Figure 7. Contactless Payment : Retail Market Value, 2014-2016, $million
Figure 8. Contactless Payment : Healthcare Market Value, 2014-2016, $million
Figure 9. Contactless Payment : Hospitality & Tourism Market Value, 2014-2016, $million
Figure 10. Contactless Payment : Government Market Value, 2014-2016, $million
Figure 11. Contactless Payment : Telecom & IT Market Value, 2014-2016, $million
Figure 12. Contactless Payment : Others Market Value, 2014-2016, $million
Figure 13. Contactless Payment : U.S. Market Value, 2014-2016, $million
Figure 14. Contactless Payment : U.S. Market Value, 2017-2025, $million
Figure 15. Contactless Payment : Canada Market Value, 2014-2016, $million
Figure 16. Contactless Payment : Canada Market Value, 2017-2025, $million
Figure 17. Contactless Payment : Mexico Market Value, 2014-2016, $million
Figure 18. Contactless Payment : Mexico Market Value, 2017-2025, $million
Figure 19. Contactless Payment : UK Market Value, 2014-2016, $million
Figure 20. Contactless Payment : UK Market Value, 2017-2025, $million
Figure 21. Contactless Payment : Germany Market Value, 2014-2016, $million
Figure 22. Contactless Payment : Germany Market Value, 2017-2025, $million
Figure 23. Contactless Payment : France Market Value, 2014-2016, $million
Figure 24. Contactless Payment : France Market Value, 2017-2025, $million
Figure 25. Contactless Payment : Spain Market Value, 2014-2016, $million
Figure 26. Contactless Payment : Spain Market Value, 2017-2025, $million
Figure 27. Contactless Payment : Italy Market Value, 2014-2016, $million
Figure 28. Contactless Payment : Italy Market Value, 2017-2025, $million
Figure 29. Contactless Payment : Rest of Europe Market Value, 2014-2016, $million
Figure 30. Contactless Payment : Rest of Europe Market Value, 2017-2025, $million
Figure 31. Contactless Payment : China Market Value, 2014-2016, $million
Figure 32. Contactless Payment : China Market Value, 2017-2025, $million
Figure 33. Contactless Payment : Japan Market Value, 2014-2016, $million
Figure 34. Contactless Payment : Japan Market Value, 2017-2025, $million
Figure 35. Contactless Payment : India Market Value, 2014-2016, $million
Figure 36. Contactless Payment : India Market Value, 2017-2025, $million
Figure 37. Contactless Payment : Australia Market Value, 2014-2016, $million
Figure 38. Contactless Payment : Australia Market Value, 2017-2025, $million
Figure 39. Contactless Payment : South Korea Market Value, 2014-2016, $million
Figure 40. Contactless Payment : South Korea Market Value, 2017-2025, $million
Figure 41. Contactless Payment : Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 42. Contactless Payment : Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 43. Contactless Payment : Brazil Market Value, 2014-2016, $million
Figure 44. Contactless Payment : Brazil Market Value, 2017-2025, $million
Figure 45. Contactless Payment : Saudi Arabia Market Value, 2014-2016, $million
Figure 46. Contactless Payment : Saudi Arabia Market Value, 2017-2025, $million
Figure 47. Contactless Payment : South Africa Market Value, 2014-2016, $million
Figure 48. Contactless Payment : South Africa Market Value, 2017-2025, $million
Figure 49. Contactless Payment : Rest of LAMEA Market Value, 2014-2016, $million
Figure 50. Contactless Payment : Rest of LAMEA Market Value, 2017-2025, $million
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