Global Market Size of Contactless Payment Market – 10 Year Market Forecast
ICTContactless Payment Market Size Forecast 2022-2029
Fast and efficient transactions are the major advantage offered by contactless payment. The increasing adoption of contactless payment technologies in mobile devices and smartphones worldwide has made it easier for users to access them thereby boosting the demand for the technology tremendously. Over the study period, North America is expected to be the largest market with the highest growth rate, followed by Europe and APAC. The global contactless payment market size is anticipated to grow from USD 21.79 billion in 2022 to USD 45.38 billion by 2029, registering a CAGR of 11%. The cumulative market size is calculated to be USD 275 billion.
Contactless Payment Market Size of United States
Contactless Payment Market Analysis of United Kingdom
Contactless Payment Market Trends of Germany
Contactless Payment Market Forecast of France
Contactless Payment Market Growth of Italy
Market Size of Contactless Payment in Poland
Market Analysis of Contactless Payment in Switzerland
Market Trends of Contactless Payment in Sweden
Market Forecast of Contactless Payment in Spain
Market Growth of Contactless Payment Netherland
Belgium Contactless Payment Market
Finland Contactless Payment Market
Japan Contactless Payment Market
South Korea Contactless Payment Market
China Contactless Payment Market
Contactless Payment Market Size of Russia
Contactless Payment Market Analysis of Malaysia
Contactless Payment Market Trends of Singapore
Contactless Payment Market Forecast of India
Contactless Payment Market Growth of Brazil
Market segments - Contactless Payment Market
By Components
– Solutions
– Services
– Hardware
By Region
– North America
– Europe
– Middle East
– APAC
– ROW
By Verticals
– Retail
– Hospitality
– Healthcare
– Energy and Utilities
– Transportation and Logistics
– BFSI
– Others
Frequently Asked Questions(FAQ)
-
What is Global Market Database?
- Global market database studies the ongoing trends within the market and updates the market information on a quarterly basis.
-
What is the CAGR for the contactless payment market?
- The CAGR for the contactless payment market is 11%.
-
Which component primarily attributes to the market growth?
- The component segment, hardware attributes primarily to the market growth.
-
Which is the key region driving the market growth?
- North America is the key region driving the market growth.
-
Which is the largest vertical in the contactless payment market?
- The largest vertical in the contactless payment market is retail.
Release date
Jan 1970
Region
Global
Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.
Supplementary notes
The regions covered are North America, Europe, APAC & ROW.
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