Global contactless payment market will reach $12,623.4 billion by 2030, growing by 24.2% annually over 2020-2030 driven by improved service offered by contactless payments, rising adoption of new emergent system, technological advancements in digital platforms and mobile devices, and increasing penetration due to COVID-19 pandemic.
Highlighted with 81 tables and 92 figures, this 189-page report “Global Contactless Payment Market 2020-2030 by Component (Hardware, Solutions, Services), Solution, Device Type (Smartphones, Smart Cards, PoS Terminals, NFC Chips), Technology (RFID, NFC, HCE, Bluetooth), Industry Vertical (Retail, Healthcare, Hospitality), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global contactless payment market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global contactless payment market in every aspect of the classification from perspectives of Component, Solution, Device Type, Technology, Industry Vertical, and Region.

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
• Hardware
• Solutions
• Services

Based on Solution, the global market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
• Payment Terminal Solution
• Transaction Management
• Device Management Solution
• Contactless Mobile Payment Solution
• Security and Fraud Management
• Hosted Point-of-Sales
• Other Solutions

Based on Device Type, the global market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
• Smartphones
• Smart Cards
• Point of Sale (PoS) Terminals
• NFC Chips
• Other Devices

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
• Radio Frequency Identification (RFID)
• Near Field Communication (NFC)
• Host Card Emulation (HCE)
• Bluetooth
• Other Technologies

Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
• Retail
• Healthcare
• Hospitality
• Transportation & Logistics
• BFSI
• IT and Telecommunication
• Energy & Utilities
• Government
• Other Industry Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Netherlands, Russia, Rest of Europe; Rest of Europe is further segmented into Italy, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ bn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Solution, Device Type, and Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Giesecke+Devrient Mobile Security GmbH
Heartland Payment Systems Inc
IDEMIA
Ingenico Group SA
Oberthur Technologies Morpho
On Track Innovations LTD
PAX Technology, Inc.
Setomatic Systems
Thales Group (Gemalto N.V.)
Valitor
VeriFone, Inc.
Visa Inc.
Wirecard AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)