Global Flexible Hybrid Electronics (FHE) Market Insights, Forecast to 2025

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Frequently Asked Questions

According to Precedence Research, the global proximity payment market was valued at US$ 13.97 billion in 2021 and is projected yo hit US$ 42.72 billion by 2030.

The global proximity payment market growth is expanding at a CAGR of 13.2% over forecast period 2022 to 2030.

The primary benefits that is provided by the proximity payment systems include flexibility of payment devices, reduced transaction time, Real-time transaction processing and increase in convenience.

The major market player includes ACI Worldwide Inc., Alphabet Inc., Apple Inc., FIS, IDEMIA, Ingenico, Mastercard, PayPal Holdings Inc., Square Inc. and Visa Inc.

Asia Pacific region is expected to lead the proximity payment during the forecast period owing to presence of developing nation such as India, China, South Korea, Japan and Australia.

Report Details

  • Report Code:1334
  • Category:Semiconductor and Electronic
  • No. of Pages:104
  • Format:PDF/PPT/Excel
  • Published:January 2019
  • Historical Year:2021-2022
  • Base Year:2023
  • Estimated Year:2024-2033
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