Global Contactless Payment Transaction Market Size, Share, Trends, Growth and Forecast 2017-2025

Contactless Payment Transaction Market: Overview

This report on the global contactless payment transaction market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints opportunities, and trends expected to influence the global contactless payment transaction market growth during the said period. Mode of payments that are playing a major role in the driving the global contactless payment transaction market have also been covered in the study.

The study provides a comprehensive analysis on market growth throughout the above forecast period in terms of revenue estimates (in US$ Bn), across different geographies. Contactless payment is a safe and sound method for consumers to buying products or services through credit card, debit card, contactless card (NFC/RFID), contactless wearable devices, and contactless mobile payment, by using NFC or RFID technology. Furthermore, in contactless payment consumer needs to tap their purchasing card near a sales desk which is known as “tap-and-go” also it does not require a PIN or signature.

Contactless Payment Transaction Market: Segmentation

The contactless payment transaction market has been segmented on the basis of mode of payment and end-use. Based on mode of payment, the market has been further classified into Contactless Card (NFC/RFID), Wearable Devices, Contactless Mobile Payment. By end-use, the market is further classified into Hospitality, Transport, Media & Entertainment, Retail, Healthcare, Others.

Geographically, the report classifies the global contactless payment transaction market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America; the regions are analyzed in terms of revenue generation. Furthermore, the study also includes quantitative analysis of the competitive scenario for region wise prominent countries which covered in the report include the following - the U.S, Canada, Germany, France, the U.K., Poland, Sweden, China, India, Japan, Australia, South Korea, Taiwan, Singapore, UAE, Saudi Arabia, South Africa, Turkey, Brazil and Argentina. The market size and forecast for each region has been provided for the period from 2015 to 2025 along with the CAGR (%) for the forecast period from 2017 to 2025.

Contactless Payment Transaction Market: Scope of the Report

The report also includes key industry developments in the contactless payment transaction market. Porter Five Force analysis is also included in the report. Ecosystem Analysis which identifies the process of distribution of the product in the contactless payments services is also covered in the report. The report also covers segment wise, market attractiveness analysis and market positioning analysis for all regions covered in the scope of study.

This report shows market attractiveness analysis for all the segments and for all the regions in the scope of study which identifies and compares segments market attractiveness on the basis of CAGR and market share index.

Contactless Payment Transaction Market: Competitive Landscape

The report also includes competition landscape which include competition matrix, market position analysis of major players in the global contactless payment based on their 2016 revenues, profiling of major players (Contactless Card (NFC/RFID), Wearable Devices, and Contactless Mobile Payment providers). Competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow. This section also identifies and includes various recent developments carried out by the leading players.

Company profiling includes company overview, major business strategies adopted, SWOT analysis and market revenues for past years. The key players profiled in the global contactless payment transaction market include Apple Inc., Barclays, Gemalto N.V., Giesecke & Devrient GmbH, Heartland Payment Systems, Inc., Ingenico Group, Inside Secure, On Track Innovations LTD, Samsung Electronics Ltd., Verifone Systems, Inc., and Wirecard AG.

The global contactless payment transaction market is segmented as below:

Global Contactless Payment Transaction Market, By Mode of Payment

  • Contactless Card (NFC/RFID)
  • Wearable Devices
  • Contactless Mobile Payment

Global Contactless Payment Transaction Market, By End-Use

  • Hospitality
  • Transport
  • Media & Entertainment
  • Retail
  • Healthcare
  • Others

Global Contactless Payment Transaction Market, By Geography

  • North America
  • The U.S.
  • Canada
  • Rest of North America
  • Europe
  • The U.K.
  • Germany
  • Poland
  • Sweden
  • France
  • Rest of Europe
  • Asia Pacific (APAC)
  • India
  • China
  • Japan
  • Australia
  • South Korea
  • Taiwan
  • Singapore
  • Rest of Asia Pacific
  • Middle East and Africa (MEA)
  • UAE
  • Turkey
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

Frequently Asked Questions

Precedence Research predict that the global blood pressure monitoring devices market size was accounted at USD 1.62 billion in 2021 and is anticipated to reach USD 4.12 billion by 2030.

The global blood pressure monitoring devices market is poised to grow at a compound annual growth rate (CAGR) 10.93% during the forecast period 2022 to 2030.

Rising incidences of hypertension because of changing lifestyle is the key factor counting for the prominent growth of the market during the forecast period.

Home healthcare registers the fastest growth of around 12.9% over the analysis period due to increasing availability of smart wearables that provide mobility as well as cost-efficient option for the homecare application

North America led the global market with nearly 50% of value share attributed to the developed healthcare infrastructure in the region

By end-use, hospitals & clinics segment addressed the largest market value share in the year 2019 attributed to the presence of large patient pool.

Some of the key players operating in the market are Koninklijke Philips N.V., General Electric Company, A & D Company, Limited, SunTech Medical, Inc., Welch Allyn, American Diagnostic Corporation, Briggs Healthcare, Withings, Spacelabs Healthcare, GF HEALTH PRODUCTS, INC., Kaz, A Helen of Troy Company, Rossmax International Limited, and Microlife Corporation among others.

1. Preface
1.1. Report Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary : Global Contactless Payment Transaction Market

4. Market Overview
4.1. Industry Developments
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Key Market Indicators
4.4. Contactless Payment Transaction Market Analysis and Forecasts, 2015 – 2025
4.4.1. Market Revenue Projections (US$ Bn)
4.4.2. Market Volume Projection (No of Payments in Bn)
4.5. Key Findings
4.6. Porter’s Five Force Analysis
4.7. Ecosystem Analysis
4.8. Market Outlook

5. Global Contactless Payment Transaction Market Analysis and Forecast, by Mode of Payment
5.1. Definitions
5.2. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by Mode of Payment, 2015 – 2025
5.2.1. Contactless Card (NFC/RFID)
5.2.2. Wearable Devices
5.2.3. Contactless Mobile Payment
5.3. Mode of Payment Comparison Matrix
5.4. Market Attractiveness By Mode of Payment

6. Global Contactless Payment Transaction Market Analysis and Forecast, by End-Use
6.1. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by End-Use, 2015 – 2025
6.1.1. Hospitality
6.1.2. Transport
6.1.3. Media & Entertainment
6.1.4. Retail
6.1.5. Healthcare
6.1.6. Others
6.2. End-Use Comparison Matrix
6.3. Market Attractiveness By End-Use

7. Global Contactless Payment Transaction Market Analysis and Forecast, by Region
7.1. Key Trends
7.2. Market Analysis and Forecast (US$ Bn & No of Payments in Bn), by Region, 2015 - 2025
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Middle East and Africa
7.2.5. South America
7.3. Market Attractiveness By Country/Region

8. North America Contactless Payment Transaction Market Analysis and Forecast 
8.1. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by Mode of Payment, 2015 – 2025
8.1.1. Contactless Card (NFC/RFID)
8.1.2. Wearable Devices
8.1.3. Contactless Mobile Payment
8.2. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by End-Use, 2015 – 2025
8.2.1. Hospitality
8.2.2. Transport
8.2.3. Media & Entertainment
8.2.4. Retail
8.2.5. Healthcare
8.2.6. Others
8.3. Market Analysis and Forecast (US$ Bn & No of Payments in Bn) By Country, 2015 - 2025
8.3.1. The U.S.
8.3.2. Canada
8.3.3. Rest of North America
8.4. Market Attractiveness Analysis 
8.4.1. By Country
8.4.2. By Mode of Payment
8.4.3. By End-Use

9. Europe Contactless Payment Transaction Market Analysis and Forecast 
9.1. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by Mode of Payment, 2015 – 2025
9.1.1. Contactless Card (NFC/RFID)
9.1.2. Wearable Devices
9.1.3. Contactless Mobile Payment
9.2. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by End-Use, 2015 – 2025
9.2.1. Hospitality
9.2.2. Transport
9.2.3. Media & Entertainment
9.2.4. Retail
9.2.5. Healthcare
9.2.6. Others
9.3. Market Analysis and Forecast (US$ Bn & No of Payments in Bn) By Country, 2015 - 2025
9.3.1. The U.K.
9.3.2. Germany
9.3.3. Poland
9.3.4. Sweden
9.3.5. France
9.3.6. Rest of Europe
9.4. Market Attractiveness Analysis 
9.4.1. By Country
9.4.2. By Mode of Payment
9.4.3. By End-Use

10. Asia Pacific Contactless Payment Transaction Market Analysis and Forecast
10.1. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by Mode of Payment, 2015 – 2025
10.1.1. Contactless Card (NFC/RFID)
10.1.2. Wearable Devices
10.1.3. Contactless Mobile Payment
10.2. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by End-Use, 2015 – 2025
10.2.1. Hospitality
10.2.2. Transport
10.2.3. Media & Entertainment
10.2.4. Retail
10.2.5. Healthcare
10.2.6. Others
10.3. Market Analysis and Forecast (US$ Bn & No of Payments in Bn) By Country, 2015 - 2025
10.3.1. India
10.3.2. China
10.3.3. Japan
10.3.4. Australia
10.3.5. South Korea
10.3.6. Taiwan
10.3.7. Singapore
10.3.8. Rest of Asia Pacific
10.4. Market Attractiveness Analysis 
10.4.1. By Country
10.4.2. By Mode of Payment
10.4.3. By End-Use

11. Middle East and Africa Contactless Payment Transaction Market Analysis and Forecast
11.1. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by Mode of Payment, 2015 – 2025
11.1.1. Contactless Card (NFC/RFID)
11.1.2. Wearable Devices
11.1.3. Contactless Mobile Payment
11.2. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by End-Use, 2015 – 2025
11.2.1. Hospitality
11.2.2. Transport
11.2.3. Media & Entertainment
11.2.4. Retail
11.2.5. Healthcare
11.2.6. Others
11.3. Market Analysis and Forecast (US$ Bn & No of Payments in Bn) By Country, 2015 - 2025
11.3.1. UAE
11.3.2. Turkey
11.3.3. Saudi Arabia
11.3.4. South Africa
11.3.5. Rest of MEA
11.4. Market Attractiveness Analysis 
11.4.1. By Country
11.4.2. By Mode of Payment
11.4.3. By End-Use

12. South America Contactless Payment Transaction Market Analysis and Forecast
12.1. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by Mode of Payment, 2015 – 2025
12.1.1. Contactless Card (NFC/RFID)
12.1.2. Wearable Devices
12.1.3. Contactless Mobile Payment
12.2. Contactless Payment Transaction Market Analysis and Forecast (US$ Bn & No of Payments in Bn) by End-Use, 2015 – 2025
12.2.1. Hospitality
12.2.2. Transport
12.2.3. Media & Entertainment
12.2.4. Retail
12.2.5. Healthcare
12.2.6. Others
12.3. Market Analysis and Forecast (US$ Bn & No of Payments in Bn) By Country, 2015 - 2025
12.3.1. Brazil
12.3.2. Argentina
12.3.3. Rest of South America
12.4. Market Attractiveness Analysis 
12.4.1. By Country
12.4.2. By Mode of Payment
12.4.3. By End-Use

13. Competition Landscape
13.1. Market Player – Competition Matrix
13.2. Market Positioning By Company (2016)
13.3. Company Profiles (Details – Overview, Financials, Strategy and SWOT Analysis)
13.3.1. Apple Inc.
13.3.1.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.1.2. Market Presence, By Segment.
13.3.1.3. Strategy
13.3.1.4. Revenue and Operating Profits
13.3.1.5. SWOT Analysis
13.3.2. Barclays
13.3.2.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.2.2. Market Presence, By Segment.
13.3.2.3. Strategy
13.3.2.4. Revenue and Operating Profits
13.3.2.5. SWOT Analysis
13.3.3. Gemalto N.V.
13.3.3.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.3.2. Market Presence, By Segment.
13.3.3.3. Strategy
13.3.3.4. Revenue and Operating Profits
13.3.3.5. SWOT Analysis
13.3.4. Giesecke & Devrient GmbH
13.3.4.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.4.2. Market Presence, By Segment.
13.3.4.3. Strategy
13.3.4.4. Revenue and Operating Profits
13.3.4.5. SWOT Analysis
13.3.5. Heartland Payment Systems, Inc. 
13.3.5.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.5.2. Market Presence, By Segment.
13.3.5.3. Strategy
13.3.5.4. Revenue and Operating Profits
13.3.5.5. SWOT Analysis
13.3.6. Ingenico Group
13.3.6.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.6.2. Market Presence, By Segment.
13.3.6.3. Strategy
13.3.6.4. Revenue and Operating Profits
13.3.6.5. SWOT Analysis
13.3.7. Inside Secure
13.3.7.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.7.2. Market Presence, By Segment.
13.3.7.3. Strategy
13.3.7.4. Revenue and Operating Profits
13.3.7.5. SWOT Analysis 
13.3.8. On Track Innovations LTD
13.3.8.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.8.2. Market Presence, By Segment.
13.3.8.3. Strategy
13.3.8.4. Revenue and Operating Profits
13.3.8.5. SWOT Analysis 
13.3.9. Samsung Electronics Ltd.
13.3.9.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.9.2. Market Presence, By Segment.
13.3.9.3. Strategy
13.3.9.4. Revenue and Operating Profits
13.3.9.5. SWOT Analysis 
13.3.10. Verifone Systems, Inc.
13.3.10.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.10.2. Market Presence, By Segment.
13.3.10.3. Strategy
13.3.10.4. Revenue and Operating Profits
13.3.10.5. SWOT Analysis
13.3.11. Wirecard AG
13.3.11.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.11.2. Market Presence, By Segment.
13.3.11.3. Strategy
13.3.11.4. Revenue and Operating Profits
13.3.11.5. SWOT Analysis

14. Key Takeaways

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