Europe Contactless Payment Market 2020-2030 by Component (Hardware, Solutions, Services), Solution, Device Type (Smartphones, Smart Cards, PoS Terminals, NFC Chips), Technology (RFID, NFC, HCE, Bluetooth), Industry Vertical (Retail, Healthcare, Hospitality), and Country: Trend Forecast and Growth Opportunity

November 2021 | 120 pages | ID: E72DD035D929EN
GMD Research

Abstracts

Europe contactless payment market was valued at $522.6 billion in 2020 and will grow by 22.6% annually over 2020-2030 owing to the improved service offered by contactless payments, rising adoption of new emergent system, technological advancements in digital platforms and mobile devices, and increasing penetration due to COVID-19 pandemic.

Highlighted with 32 tables and 60 figures, this 120-page report “Europe Contactless Payment Market 2020-2030 by Component (Hardware, Solutions, Services), Solution, Device Type (Smartphones, Smart Cards, PoS Terminals, NFC Chips), Technology (RFID, NFC, HCE, Bluetooth), Industry Vertical (Retail, Healthcare, Hospitality), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe contactless payment market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe contactless payment market in every aspect of the classification from perspectives of Component, Solution, Device Type, Technology, Industry Vertical, and Country.

Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

• Hardware
• Solutions
• Services

Based on Solution, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

• Payment Terminal Solution
• Transaction Management
• Device Management Solution
• Contactless Mobile Payment Solution
• Security and Fraud Management
• Hosted Point-of-Sales
• Other Solutions

Based on Device Type, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

• Smartphones
• Smart Cards
• Point of Sale (PoS) Terminals
• NFC Chips
• Other Devices

Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

• Radio Frequency Identification (RFID)
• Near Field Communication (NFC)
• Host Card Emulation (HCE)
• Bluetooth
• Other Technologies

Based on Industry Vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

• Retail
• Healthcare
• Hospitality
• Transportation & Logistics
• BFSI
• IT and Telecommunication
• Energy & Utilities
• Government
• Other Industry Verticals

Geographically, the following national/local markets are fully investigated:

• Germany
• UK
• France
• Spain
• Netherlands
• Russia
• Rest of Europe (further segmented into Italy, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

For each key country, detailed analysis and data for annual revenue ($ bn) are available for 2019-2030. The breakdown of key national markets by Solution, Device Type, and Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Key Players (this may not be a complete list and extra companies can be added upon request):

Giesecke+Devrient Mobile Security GmbH

Heartland Payment Systems Inc

IDEMIA

Ingenico Group SA

Oberthur Technologies Morpho

On Track Innovations LTD

PAX Technology, Inc.

Setomatic Systems

Thales Group (Gemalto N.V.)

Valitor

VeriFone, Inc.

Visa Inc.

Wirecard AG

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF EUROPE MARKET BY COMPONENT

3.1 Market Overview by Component
3.2 Hardware
3.3 Solutions
3.4 Services

4 SEGMENTATION OF EUROPE MARKET BY SOLUTION

4.1 Market Overview by Solution
4.2 Payment Terminal Solution
4.3 Transaction Management
4.4 Device Management Solution
4.5 Contactless Mobile Payment Solution
4.6 Security and Fraud Management
4.7 Hosted Point-of-Sales
4.8 Other Solutions

5 SEGMENTATION OF EUROPE MARKET BY DEVICE TYPE

5.1 Market Overview by Device Type
5.2 Smartphones
5.3 Smart Cards
5.4 Point of Sale (PoS) Terminals
5.5 NFC Chips
5.6 Other Devices

6 SEGMENTATION OF EUROPE MARKET BY TECHNOLOGY

6.1 Market Overview by Technology
6.2 Radio Frequency Identification (RFID)
6.3 Near Field Communication (NFC)
6.4 Host Card Emulation (HCE)
6.5 Bluetooth
6.6 Other Technologies

7 SEGMENTATION OF EUROPE MARKET BY INDUSTRY VERTICAL

7.1 Market Overview by Industry Vertical
7.2 Retail
7.3 Healthcare
7.4 Hospitality
7.5 Transportation & Logistics
7.6 BFSI
7.7 IT and Telecommunication
7.8 Energy & Utilities
7.9 Government
7.10 Other Industry Verticals

8 EUROPEAN MARKET 2019-2030 BY COUNTRY

8.1 Overview of European Market
8.2 Germany
8.3 U.K.
8.4 France
8.5 Spain
8.6 Netherlands
8.7 Russia
8.8 Rest of European Market

9 COMPETITIVE LANDSCAPE

9.1 Overview of Key Vendors
9.2 New Product Launch, Partnership, Investment, and M&A
9.3 Company Profiles
Giesecke+Devrient Mobile Security GmbH
Heartland Payment Systems Inc
IDEMIA
Ingenico Group SA
Oberthur Technologies Morpho
On Track Innovations LTD
PAX Technology, Inc.
Setomatic Systems
Thales Group (Gemalto N.V.)
Valitor
VeriFone, Inc.
Visa Inc.
Wirecard AG
RELATED REPORTS

List Of Tables

LIST OF TABLES:

Table 1. Snapshot of Europe Contactless Payment Market in Balanced Perspective, 2019-2030
Table 2. Growth Rate of World GDP, 2020-2022
Table 3. Main Product Trends and Market Opportunities in Europe Contactless Payment Market
Table 4. Europe Contactless Payment Market by Component, 2019-2030, $ bn
Table 5. Europe Contactless Payment Market by Solution, 2019-2030, $ bn
Table 6. Europe Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 7. Europe Contactless Payment Market by Technology, 2019-2030, $ bn
Table 8. Europe Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 9. Europe Contactless Payment Market by Country, 2019-2030, $ bn
Table 10. Germany Contactless Payment Market by Solution, 2019-2030, $ bn
Table 11. Germany Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 12. Germany Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 13. U.K. Contactless Payment Market by Solution, 2019-2030, $ bn
Table 14. U.K. Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 15. U.K. Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 16. France Contactless Payment Market by Solution, 2019-2030, $ bn
Table 17. France Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 18. France Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 19. Spain Contactless Payment Market by Solution, 2019-2030, $ bn
Table 20. Spain Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 21. Spain Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 22. Netherlands Contactless Payment Market by Solution, 2019-2030, $ bn
Table 23. Netherlands Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 24. Netherlands Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 25. Russia Contactless Payment Market by Solution, 2019-2030, $ bn
Table 26. Russia Contactless Payment Market by Device Type, 2019-2030, $ bn
Table 27. Russia Contactless Payment Market by Industry Vertical, 2019-2030, $ bn
Table 28. Contactless Payment Market in Rest of Europe by Country, 2019-2030, $ bn
Table 29. Giesecke+Devrient Mobile Security GmbH: Company Snapshot
Table 30. Giesecke+Devrient Mobile Security GmbH: Business Segmentation
Table 31. Giesecke+Devrient Mobile Security GmbH: Product Portfolio
Table 32. Giesecke+Devrient Mobile Security GmbH: Revenue, 2018-2020, $ bn

List Of Figures

LIST OF FIGURES:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030
Figure 4. Europe Contactless Payment Market, 2019-2030, $ bn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Europe Contactless Payment Market
Figure 7. World E-commerce Market, 2019-2030, $ bn
Figure 8. World Mobile Banking Market, 2019-2030, $ mn
Figure 9. Primary Restraints and Impact Factors of Europe Contactless Payment Market
Figure 10. Investment Opportunity Analysis
Figure 11. Porter’s Fiver Forces Analysis of Europe Contactless Payment Market
Figure 12. Breakdown of Europe Contactless Payment Market by Component, 2019-2030, % of Revenue
Figure 13. Europe Addressable Market Cap in 2021-2030 by Component, Value ($ bn) and Share (%)
Figure 14. Europe Contactless Payment Market by Component: Hardware, 2019-2030, $ bn
Figure 15. Europe Contactless Payment Market by Component: Solutions, 2019-2030, $ bn
Figure 16. Europe Contactless Payment Market by Component: Services, 2019-2030, $ bn
Figure 17. Breakdown of Europe Contactless Payment Market by Solution, 2019-2030, % of Sales Revenue
Figure 18. Europe Addressable Market Cap in 2021-2030 by Solution, Value ($ bn) and Share (%)
Figure 19. Europe Contactless Payment Market by Solution: Payment Terminal Solution, 2019-2030, $ bn
Figure 20. Europe Contactless Payment Market by Solution: Transaction Management, 2019-2030, $ bn
Figure 21. Europe Contactless Payment Market by Solution: Device Management Solution, 2019-2030, $ bn
Figure 22. Europe Contactless Payment Market by Solution: Contactless Mobile Payment Solution, 2019-2030, $ bn
Figure 23. Europe Contactless Payment Market by Solution: Security and Fraud Management, 2019-2030, $ bn
Figure 24. Europe Contactless Payment Market by Solution: Hosted Point-of-Sales, 2019-2030, $ bn
Figure 25. Europe Contactless Payment Market by Solution: Other Solutions, 2019-2030, $ bn
Figure 26. Breakdown of Europe Contactless Payment Market by Device Type, 2019-2030, % of Sales Revenue
Figure 27. Europe Addressable Market Cap in 2021-2030 by Device Type, Value ($ bn) and Share (%)
Figure 28. Europe Contactless Payment Market by Device Type: Smartphones, 2019-2030, $ bn
Figure 29. Europe Contactless Payment Market by Device Type: Smart Cards, 2019-2030, $ bn
Figure 30. Europe Contactless Payment Market by Device Type: Point of Sale (PoS) Terminals, 2019-2030, $ bn
Figure 31. Europe Contactless Payment Market by Device Type: NFC Chips, 2019-2030, $ bn
Figure 32. Europe Contactless Payment Market by Device Type: Other Devices, 2019-2030, $ bn
Figure 33. Breakdown of Europe Contactless Payment Market by Technology, 2019-2030, % of Revenue
Figure 34. Europe Addressable Market Cap in 2021-2030 by Technology, Value ($ bn) and Share (%)
Figure 35. Europe Contactless Payment Market by Technology: Radio Frequency Identification (RFID), 2019-2030, $ bn
Figure 36. Europe Contactless Payment Market by Technology: Near Field Communication (NFC), 2019-2030, $ bn
Figure 37. Europe Contactless Payment Market by Technology: Host Card Emulation (HCE), 2019-2030, $ bn
Figure 38. Europe Contactless Payment Market by Technology: Bluetooth, 2019-2030, $ bn
Figure 39. Europe Contactless Payment Market by Technology: Other Technologies, 2019-2030, $ bn
Figure 40. Breakdown of Europe Contactless Payment Market by Industry Vertical, 2019-2030, % of Revenue
Figure 41. Europe Addressable Market Cap in 2021-2030 by Industry Vertical, Value ($ bn) and Share (%)
Figure 42. Europe Contactless Payment Market by Industry Vertical: Retail, 2019-2030, $ bn
Figure 43. Europe Contactless Payment Market by Industry Vertical: Healthcare, 2019-2030, $ bn
Figure 44. Europe Contactless Payment Market by Industry Vertical: Hospitality, 2019-2030, $ bn
Figure 45. Europe Contactless Payment Market by Industry Vertical: Transportation & Logistics, 2019-2030, $ bn
Figure 46. Europe Contactless Payment Market by Industry Vertical: BFSI, 2019-2030, $ bn
Figure 47. Europe Contactless Payment Market by Industry Vertical: IT and Telecommunication, 2019-2030, $ bn
Figure 48. Europe Contactless Payment Market by Industry Vertical: Energy & Utilities, 2019-2030, $ bn
Figure 49. Europe Contactless Payment Market by Industry Vertical: Government, 2019-2030, $ bn
Figure 50. Europe Contactless Payment Market by Industry Vertical: Other Industry Verticals, 2019-2030, $ bn
Figure 51. Breakdown of European Contactless Payment Market by Country, 2019 and 2030, % of Revenue
Figure 52. Contribution to Europe 2021-2030 Cumulative Market by Country, Value ($ bn) and Share (%)
Figure 53. Contactless Payment Market in Germany, 2019-2030, $ bn
Figure 54. Contactless Payment Market in U.K., 2019-2030, $ bn
Figure 55. Contactless Payment Market in France, 2019-2030, $ bn
Figure 56. Contactless Payment Market in Spain, 2019-2030, $ bn
Figure 57. Contactless Payment Market in Netherlands, 2019-2030, $ bn
Figure 58. Contactless Payment Market in Russia, 2019-2030, $ bn
Figure 59. Contactless Payment Market in Rest of Europe, 2019-2030, $ bn
Figure 60. Growth Stage of Europe Contactless Payment Industry over the Forecast Period