$550+ Billion Contactless Payment Transaction Markets – Global Market Trajectory & Analytics to 2027 with COVID-19 Impact Analysis – ResearchAndMarkets.com

DUBLIN–()–The “Contactless Payment Transaction – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.

Global Contactless Payment Transaction Market to Reach $555.4 Billion by 2027

Amid the COVID-19 disaster, the worldwide marketplace for Contactless Payment Transaction estimated at US$32.9 Billion within the 12 months 2020, is projected to succeed in a revised measurement of US$555.4 Billion by 2027, rising at a CAGR of 49.7% over the evaluation interval 2020-2027.

Contactless Card (NFC/RFID), one of many segments analyzed within the report, is projected to file a 50.5% CAGR and attain US$303.9 Billion by the top of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, progress within the Wearable Devices section is readjusted to a revised 43.4% CAGR for the following 7-year interval.

The U. S. Market is Estimated at $10 Billion, While China is Forecast to Grow at 47.6% CAGR

The Contactless Payment Transaction market within the U. S. is estimated at US$10 Billion within the 12 months 2020. China, the world’s second largest economic system, is forecast to succeed in a projected market measurement of US$88.4 Billion by the 12 months 2027 trailing a CAGR of 47.3% over the evaluation interval 2020 to 2027. Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at 45.8% and 41.8% respectively over the 2020-2027 interval. Within Europe, Germany is forecast to develop at roughly 32.6% CAGR.

Contactless Mobile Payment Segment to Record 55.2% CAGR

In the worldwide Contactless Mobile Payment section, USA, Canada, Japan, China and Europe will drive the 55.2% CAGR estimated for this section. These regional markets accounting for a mixed market measurement of US$5 Billion within the 12 months 2020 will attain a projected measurement of US$107.8 Billion by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by nations resembling Australia, India, and South Korea, the market in Asia-Pacific is forecast to succeed in US$68 Billion by the 12 months 2027.

The report presents concise insights into how the pandemic has impacted manufacturing and the purchase aspect for 2020 and 2021. A brief-term phased restoration by key geography can be addressed.

Competitors recognized on this market embody, amongst others:

  • Apple, Inc.
  • Barclays plc.
  • Gemalto NV
  • Giesecke & Devrient GmbH
  • Heartland Payment Systems, Inc.
  • Ingenico Group
  • INSIDE Secure
  • On Track Innovations Ltd.
  • Samsung Electronics Co., Ltd.
  • VeriFone Systems, Inc.
  • Wirecard AG

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Contactless Payment Transaction Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • Contactless Payment Transaction Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • Contactless Payment Transaction Market Share Shift throughout Key Geographies Worldwide: 2020 VS 2027
  • Contactless Card (NFC/RFID) (Segment) World Market by Region/Country in US$ Million: 2020 to 2027
  • Contactless Card (NFC/RFID) (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
  • Wearable Devices (Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • Wearable Devices (Segment) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
  • Contactless Mobile Payment (Segment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • Contactless Mobile Payment (Segment) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
  • Retail (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
  • Retail (End-Use) Share Breakdown Review by Region/Country: 2020 VS 2027
  • Hospitality (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
  • Hospitality (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027
  • Transport (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 via 2027
  • Transport (End-Use) Global Market Share Distribution by Region/Country for 2020 and 2027
  • Healthcare (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
  • Healthcare (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
  • Other End-Uses (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
  • Other End-Uses (End-Use) Market Share Shift throughout Key Geographies: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

  • Market Facts & Figures
  • Contactless Payment Transaction Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • Contactless Payment Transaction Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
  • Contactless Payment Transaction Market Share Breakdown by Segment: 2020 VS 2027
  • Contactless Payment Transaction Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
  • Contactless Payment Transaction Market Share Breakdown by End-Use: 2020 VS 2027

IV. COMPETITION

  • Total Companies Profiled: 41

For extra details about this report go to https://www.researchandmarkets.com/r/aocxy9

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