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Contactless Payment Global Market Report 2025
Global Contactless Payment Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Contactless Payment Global Market Report 2025

By Component (Hardware, Solution, Service), By Technology (Near Field Communication (NFC), Radio Frequency Identification (RFID), Infrared (IR), Other Technologies), By Payment Mode (Smartphone, Smartcard, Other Payment Modes), By Vertical (Banking, Financial Services And Insurance (BFSI), Hospitality And Travel, Media And Entertainment, Retail, Transportation And Logistics, Healthcare, Other Verticals) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Contactless Payment Market Overview

• Contactless Payment market size has reached to $57.85 billion in 2024

• Expected to grow to $140.55 billion in 2029 at a compound annual growth rate (CAGR) of 19.2%

• Growth Driver: Mobile Payment Devices And The Contactless Payment Market Surge

• Market Trend: Increasing Focus On Introducing Tokenizable Wearable For Contactless Payments

North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Contactless Payment Market?

Contactless payment refers to a method where transactions are completed by tapping or waving a contactless-enabled card, smartphone, or wearable device near a terminal, allowing for quick and secure payments without the need for physical contact or the insertion of a card. This method decreases friction at the checkout, speeds up transactions, and improves efficiency for both customers and businesses by eliminating the requirement for physical contact between the payment card or device and the POS (point-of-sale) terminal.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The main components of contactless payment are Hardware, solution, and service. Contactless payment hardware refers to devices equipped with technology that allow transactions to be conducted without physical contact by utilizing technologies. Contactless payment technologies encompass near-field communication (NFC), radio frequency identification (RFID), infrared (IR), and others, to facilitate payment modes through smartphones, smartcards, and others. It is used by several verticals such as banking, financial services, and insurance (BFSI), hospitality and travel, media and entertainment, retail, transportation and logistics, healthcare, and others.

Contactless Payment Market Size and growth rate 2025 to 2029: Graph

What Is The Contactless Payment Market Size 2025 And Growth Rate?

The contactless payment market size has grown exponentially in recent years. It will grow from $57.85 billion in 2024 to $69.7 billion in 2025 at a compound annual growth rate (CAGR) of 20.5%. The growth in the historic period can be attributed to consumer convenience, regulatory initiatives, shift in consumer behavior, marketing and promotions, and integration with transit systems.

What Is The Contactless Payment Market Growth Forecast?

The contactless payment market size is expected to see exponential growth in the next few years. It will grow to $140.55 billion in 2029 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to the expansion of contactless payment infrastructure, rising demand for frictionless and secure payment, increasing consumer awareness, government initiatives promoting cashless economies, and growing preference for convenient and hygienic payment methods. Major trends in the forecast period include a surge in mobile wallet adoption, expansion of wearable payments, the rise of contactless cards, integration of biometric authentication, and the emergence of QR code payments.

The forecast of 19.2% growth over the next five years reflects a modest reduction of 0.8% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through slower adoption of tap-to-pay technology, as payment terminal hardware and encryption software, largely imported from Germany and Singapore, become more costly for merchants to implement. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Financial Services Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

How Is The Contactless Payment Market Segmented?

1) By Component: Hardware, Solution, Service

2) By Technology: Near Field Communication (NFC), Radio Frequency Identification (RFID), Infrared (IR), Other Technologies

3) By Payment Mode: Smartphone, Smartcard, Other Payment Modes

4) By Vertical: Banking, Financial Services And Insurance (BFSI), Hospitality And Travel, Media And Entertainment, Retail, Transportation And Logistics, Healthcare, Other Verticals

Subsegments:

1) By Hardware: Point Of Sale (Pos) Terminals, Contactless Card Readers, Near Field Communication (Nfc) Chips, Smartphones And Wearables (With Nfc), Contactless Payment Terminals (Mobile And Fixed)

2) By Solution: Contactless Payment Processing Solutions, Mobile Wallet Solutions, Contactless Payment Gateway Solutions, Digital Payment Platforms, Cloud-Based Payment Solutions, Security And Fraud Prevention Solutions, Tokenization Solutions

3) By Service: Consulting And Advisory Services, Integration And Implementation Services, Transaction And Payment Processing Services, Security And Compliance Services, Customer Support And Maintenance Services, Payment Authentication Services

What Is Driving The Contactless Payment Market? Mobile Payment Devices And The Contactless Payment Market Surge

The surge in demand for mobile payment devices is expected to propel the growth of the contactless payment market going forward. Mobile payment devices typically refer to smartphones, tablets, or dedicated hardware that enable users to make transactions using digital wallets or payment apps. The rise in demand for mobile payment devices is driven by convenience, security, and the increasing digitization of commerce. Mobile payment devices enable contactless payments by utilizing near-field communication (NFC) technology, allowing users to simply tap their device at a compatible terminal to complete transactions. For instance, in February 2024, according to a report published by Uswitch Limited, a UK-based price comparison service, there were 71.8 million mobile connections in the UK, surpassing the country's population by 4.2 million. This marked a 3.8% increase from 2021, equivalent to approximately 2.6 million more connections. It is anticipated that by 2025, 95% of the UK's 68.3 million residents will be using smartphones. Therefore, the surge in demand for mobile payment devices is driving the growth of the contactless payment industry.

Who Are The Major Players In The Global Contactless Payment Market?

Major companies operating in the contactless payment market are Apple Inc., American Express Company, Visa Inc., PayPal Holdings Inc., Mastercard Incorporated, Fiserv Inc., Square Inc., Stripe Inc., Intuit Inc., Adyen N.V., Global Payments Inc., Shopify Inc., Worldline, Klarna Bank AB, Ingenico Group, SumUp Inc., Verifone Inc., PayU, First Data Corporation, UnionPay International Co. Ltd., Wirecard AG

What Are The Key Trends Of The Global Contactless Payment Market? Increasing Focus On Introducing Tokenizable Wearable For Contactless Payments

Major companies operating in the contactless payments market are developing innovative products, such as tokenizable payment wearables, to enhance convenience and promote seamless transactions for consumers. Tokenizable wearable devices enable secure and convenient contactless payments by generating one-time tokens for transactions, enhancing user privacy and security. For instance, in March 2024, IndusInd Bank Limited, an India-based financial services provider, launched Indus PayWear, the first all-in-one tokenizable wearable device for contactless payments using both debit and credit cards in India. It transforms the payment process by enabling users to seamlessly tokenize their IndusInd Bank cards onto a chip-enabled wearable device, facilitating swift and secure tap-and-pay transactions at contactless point-of-sale terminals worldwide, and eliminating the necessity for physical cards or payment apps.

Need data on a specific region in this market?

What Are Latest Mergers And Acquisitions In The Contactless Payment Market? Worldline Expands Digital Payment Portfolio With SoftPos Acquisition

In October 2022, Worldline SA, a France-based company engaged in payment and transactional services, acquired a 55% stake in SoftPos for an undisclosed amount. Through this acquisition, Worldline has bolstered its digital payment offerings by incorporating SoftPos's technology. This integration aims to broaden Worldline's capabilities within the digital payment landscape, facilitating the introduction of various partnerships and the debut of a new product named Worldline Tap on Mobile. SoftPos SA is a Poland-based company that provides professional financial POS terminals for contactless payments.

What Is The Regional Outlook For The Global Contactless Payment Market?

North America was the largest region in the contactless payment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Contactless Payment Market?

The contactless payment market consists of revenues earned by entities by providing services such as security features, loyalty program integration, mobile wallet integration, and payment acceptance. The market value includes the value of related goods sold by the service provider or included within the service offering. The contactless payment market also includes sales of wearable devices, point-of-sale (POS) systems, payment cards, and near-field communication (NFC) readers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Contactless Payment Industry?

The contactless payment market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the contactless payment industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Contactless Payment Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $69.7 billion
Revenue Forecast In 2034 $140.55 billion
Growth Rate CAGR of 19.2% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Component: Hardware, Solution, Service
2) By Technology: Near Field Communication (NFC), Radio Frequency Identification (RFID), Infrared (IR), Other Technologies
3) By Payment Mode: Smartphone, Smartcard, Other Payment Modes
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Hospitality And Travel, Media And Entertainment, Retail, Transportation And Logistics, Healthcare, Other Verticals Subsegments: 1) By Hardware: Point Of Sale (Pos) Terminals, Contactless Card Readers, Near Field Communication (Nfc) Chips, Smartphones And Wearables (With Nfc), Contactless Payment Terminals (Mobile And Fixed)
2) By Solution: Contactless Payment Processing Solutions, Mobile Wallet Solutions, Contactless Payment Gateway Solutions, Digital Payment Platforms, Cloud-Based Payment Solutions, Security And Fraud Prevention Solutions, Tokenization Solutions
3) By Service: Consulting And Advisory Services, Integration And Implementation Services, Transaction And Payment Processing Services, Security And Compliance Services, Customer Support And Maintenance Services, Payment Authentication Services
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Apple Inc., American Express Company, Visa Inc., PayPal Holdings Inc., Mastercard Incorporated, Fiserv Inc., Square Inc., Stripe Inc., Intuit Inc., Adyen N.V., Global Payments Inc., Shopify Inc., Worldline, Klarna Bank AB, Ingenico Group, SumUp Inc., Verifone Inc., PayU, First Data Corporation, UnionPay International Co. Ltd., Wirecard AG
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Contactless Payment Market Characteristics

3. Contactless Payment Market Trends And Strategies

4. Contactless Payment Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Contactless Payment Growth Analysis And Strategic Analysis Framework

5.1. Global Contactless Payment PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Contactless Payment Market Growth Rate Analysis

5.4. Global Contactless Payment Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Contactless Payment Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Contactless Payment Total Addressable Market (TAM)

6. Contactless Payment Market Segmentation

6.1. Global Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hardware

Solution

Service

6.2. Global Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Near Field Communication (NFC)

Radio Frequency Identification (RFID)

Infrared (IR)

Other Technologies

6.3. Global Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Smartphone

Smartcard

Other Payment Modes

6.4. Global Contactless Payment Market, Segmentation By Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Banking, Financial Services And Insurance (BFSI)

Hospitality And Travel

Media And Entertainment

Retail

Transportation And Logistics

Healthcare

Other Verticals

6.5. Global Contactless Payment Market, Sub-Segmentation Of Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Point Of Sale (Pos) Terminals

Contactless Card Readers

Near Field Communication (Nfc) Chips

Smartphones And Wearables (With Nfc)

Contactless Payment Terminals (Mobile And Fixed)

6.6. Global Contactless Payment Market, Sub-Segmentation Of Solution, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Contactless Payment Processing Solutions

Mobile Wallet Solutions

Contactless Payment Gateway Solutions

Digital Payment Platforms

Cloud-Based Payment Solutions

Security And Fraud Prevention Solutions

Tokenization Solutions

6.7. Global Contactless Payment Market, Sub-Segmentation Of Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Consulting And Advisory Services

Integration And Implementation Services

Transaction And Payment Processing Services

Security And Compliance Services

Customer Support And Maintenance Services

Payment Authentication Services

7. Contactless Payment Market Regional And Country Analysis

7.1. Global Contactless Payment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Contactless Payment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Contactless Payment Market

8.1. Asia-Pacific Contactless Payment Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Contactless Payment Market

9.1. China Contactless Payment Market Overview

9.2. China Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Contactless Payment Market

10.1. India Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Contactless Payment Market

11.1. Japan Contactless Payment Market Overview

11.2. Japan Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Contactless Payment Market

12.1. Australia Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Contactless Payment Market

13.1. Indonesia Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Contactless Payment Market

14.1. South Korea Contactless Payment Market Overview

14.2. South Korea Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Contactless Payment Market

15.1. Western Europe Contactless Payment Market Overview

15.2. Western Europe Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Contactless Payment Market

16.1. UK Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Contactless Payment Market

17.1. Germany Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Contactless Payment Market

18.1. France Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Contactless Payment Market

19.1. Italy Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Contactless Payment Market

20.1. Spain Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Contactless Payment Market

21.1. Eastern Europe Contactless Payment Market Overview

21.2. Eastern Europe Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Contactless Payment Market

22.1. Russia Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Contactless Payment Market

23.1. North America Contactless Payment Market Overview

23.2. North America Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Contactless Payment Market

24.1. USA Contactless Payment Market Overview

24.2. USA Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Contactless Payment Market

25.1. Canada Contactless Payment Market Overview

25.2. Canada Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Contactless Payment Market

26.1. South America Contactless Payment Market Overview

26.2. South America Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Contactless Payment Market

27.1. Brazil Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Contactless Payment Market

28.1. Middle East Contactless Payment Market Overview

28.2. Middle East Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Contactless Payment Market

29.1. Africa Contactless Payment Market Overview

29.2. Africa Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Contactless Payment Market Competitive Landscape And Company Profiles

30.1. Contactless Payment Market Competitive Landscape

30.2. Contactless Payment Market Company Profiles

30.2.1. Apple Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. American Express Company Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Visa Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. PayPal Holdings Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Mastercard Incorporated Overview, Products and Services, Strategy and Financial Analysis

31. Contactless Payment Market Other Major And Innovative Companies

31.1. Fiserv Inc.

31.2. Square Inc.

31.3. Stripe Inc.

31.4. Intuit Inc.

31.5. Adyen N.V.

31.6. Global Payments Inc.

31.7. Shopify Inc.

31.8. Worldline

31.9. Klarna Bank AB

31.10. Ingenico Group

31.11. SumUp Inc.

31.12. Verifone Inc.

31.13. PayU

31.14. First Data Corporation

31.15. UnionPay International Co. Ltd.

32. Global Contactless Payment Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Contactless Payment Market

34. Recent Developments In The Contactless Payment Market

35. Contactless Payment Market High Potential Countries, Segments and Strategies

35.1 Contactless Payment Market In 2029 - Countries Offering Most New Opportunities

35.2 Contactless Payment Market In 2029 - Segments Offering Most New Opportunities

35.3 Contactless Payment Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Contactless Payment Market, Segmentation By Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Contactless Payment Market, Sub-Segmentation Of Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Contactless Payment Market, Sub-Segmentation Of Solution, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Contactless Payment Market, Sub-Segmentation Of Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Contactless Payment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Contactless Payment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Apple Inc. Financial Performance
  • Table 79: American Express Company Financial Performance
  • Table 80: Visa Inc. Financial Performance
  • Table 81: PayPal Holdings Inc. Financial Performance
  • Table 82: Mastercard Incorporated Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Contactless Payment Market, Segmentation By Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Contactless Payment Market, Sub-Segmentation Of Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Contactless Payment Market, Sub-Segmentation Of Solution, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Contactless Payment Market, Sub-Segmentation Of Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Contactless Payment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Contactless Payment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Contactless Payment Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Contactless Payment Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Contactless Payment Market, Segmentation By Payment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Apple Inc. Financial Performance
  • Figure 79: American Express Company Financial Performance
  • Figure 80: Visa Inc. Financial Performance
  • Figure 81: PayPal Holdings Inc. Financial Performance
  • Figure 82: Mastercard Incorporated Financial Performance

Frequently Asked Questions

Contactless payment refers to a method where transactions are completed by tapping or waving a contactless-enabled card, smartphone, or wearable device near a terminal, allowing for quick and secure payments without the need for physical contact or the insertion of a card. This method decreases friction at the checkout, speeds up transactions, and improves efficiency for both customers and businesses by eliminating the requirement for physical contact between the payment card or device and the POS (point-of-sale) terminal. For further insights on this market, request a sample here

The market major growth driver - Mobile Payment Devices And The Contactless Payment Market Surge. For further insights on this market, request a sample here

The contactless payment market size has grown exponentially in recent years. It will grow from $57.85 billion in 2024 to $69.7 billion in 2025 at a compound annual growth rate (CAGR) of 20.5%. The growth in the historic period can be attributed to consumer convenience, regulatory initiatives, shift in consumer behavior, marketing and promotions, and integration with transit systems. The contactless payment market size is expected to see rapid growth in the next few years. It will grow to $140.55 billion in 2029 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to the expansion of contactless payment infrastructure, rising demand for frictionless and secure payment, increasing consumer awareness, government initiatives promoting cashless economies, and growing preference for convenient and hygienic payment methods. Major trends in the forecast period include a surge in mobile wallet adoption, expansion of wearable payments, the rise of contactless cards, integration of biometric authentication, and the emergence of QR code payments. For further insights on this market, request a sample here

The contactless paymentmarket covered in this report is segmented –
1) By Component: Hardware, Solution, Service
2) By Technology: Near Field Communication (NFC), Radio Frequency Identification (RFID), Infrared (IR), Other Technologies
3) By Payment Mode: Smartphone, Smartcard, Other Payment Modes
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Hospitality And Travel, Media And Entertainment, Retail, Transportation And Logistics, Healthcare, Other Verticals Subsegments:
1) By Hardware: Point Of Sale (Pos) Terminals, Contactless Card Readers, Near Field Communication (Nfc) Chips, Smartphones And Wearables (With Nfc), Contactless Payment Terminals (Mobile And Fixed)
2) By Solution: Contactless Payment Processing Solutions, Mobile Wallet Solutions, Contactless Payment Gateway Solutions, Digital Payment Platforms, Cloud-Based Payment Solutions, Security And Fraud Prevention Solutions, Tokenization Solutions
3) By Service: Consulting And Advisory Services, Integration And Implementation Services, Transaction And Payment Processing Services, Security And Compliance Services, Customer Support And Maintenance Services, Payment Authentication Services For further insights on this market,
request a sample here

North America was the largest region in the contactless payment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contactless payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the contactless payment market are Apple Inc., American Express Company, Visa Inc., PayPal Holdings Inc., Mastercard Incorporated, Fiserv Inc., Square Inc., Stripe Inc., Intuit Inc., Adyen N.V., Global Payments Inc., Shopify Inc., Worldline, Klarna Bank AB, Ingenico Group, SumUp Inc., Verifone Inc., PayU, First Data Corporation, UnionPay International Co. Ltd., Wirecard AG . For further insights on this market, request a sample here.

Major trends in this market include Increasing Focus On Introducing Tokenizable Wearable For Contactless Payments. For further insights on this market, request a sample here.

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