Contactless Payments Market - Global Outlook and Forecast 2022-2028

January 2022 | 69 pages | ID: C467DAB49119EN
Market Monitor Global

Abstracts

The mobile payment industry has evolved over the past decade with advanced technologies and innovative developments by the key players for providing ease of payment using devices such as mobile handsets, point of sale terminals, NFC chips, smart cards, and others. Contactless payment systems comprise smart cards or other devices that integrate RFID or NFC technologies for making secure and contactless payment. Unlike mobile payments that are done through the internet, contactless payments are carried out in close physical proximity preventing unauthorized access during the transaction(s).

This report contains market size and forecasts of Contactless Payments in Global, including the following market information:

Global Contactless Payments Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Contactless Payments market was valued at 10560 million in 2021 and is projected to reach US$ 22600 million by 2028, at a CAGR of 11.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Payment Terminal Solution Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Contactless Payments include Ingenico Group, Verifone Systems, Inside Secure, On Track Innovations, Oberthur Technologies, Proxama, Wirecard, Giesecke & Devrient and Gemalto and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Contactless Payments companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Contactless Payments Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Contactless Payments Market Segment Percentages, by Type, 2021 (%)

• Payment Terminal Solution
• Transaction Management
• Security and Fraud Management
• Hosted Point-of-sale
• Analytics

Global Contactless Payments Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Contactless Payments Market Segment Percentages, by Application, 2021 (%)

• BFSI
• Retail
• IT & Telecom
• Transportation
• Hospitality
• Government
• Others

Global Contactless Payments Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Contactless Payments Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Contactless Payments revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Contactless Payments revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Ingenico Group
• Verifone Systems
• Inside Secure
• On Track Innovations
• Oberthur Technologies
• Proxama
• Wirecard
• Giesecke & Devrient
• Gemalto
• Heartland Payment Systems

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Contactless Payments Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Contactless Payments Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL CONTACTLESS PAYMENTS OVERALL MARKET SIZE

2.1 Global Contactless Payments Market Size: 2021 VS 2028
2.2 Global Contactless Payments Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Contactless Payments Players in Global Market
3.2 Top Global Contactless Payments Companies Ranked by Revenue
3.3 Global Contactless Payments Revenue by Companies
3.4 Top 3 and Top 5 Contactless Payments Companies in Global Market, by Revenue in 2021
3.5 Global Companies Contactless Payments Product Type
3.6 Tier 1, Tier 2 and Tier 3 Contactless Payments Players in Global Market
  3.6.1 List of Global Tier 1 Contactless Payments Companies
  3.6.2 List of Global Tier 2 and Tier 3 Contactless Payments Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Contactless Payments Market Size Markets, 2021 & 2028
  4.1.2 Payment Terminal Solution
  4.1.3 Transaction Management
  4.1.4 Security and Fraud Management
  4.1.5 Hosted Point-of-sale
  4.1.6 Analytics
4.2 By Type - Global Contactless Payments Revenue & Forecasts
  4.2.1 By Type - Global Contactless Payments Revenue, 2017-2022
  4.2.2 By Type - Global Contactless Payments Revenue, 2023-2028
  4.2.3 By Type - Global Contactless Payments Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Contactless Payments Market Size, 2021 & 2028
  5.1.2 BFSI
  5.1.3 Retail
  5.1.4 IT & Telecom
  5.1.5 Transportation
  5.1.6 Hospitality
  5.1.7 Government
  5.1.8 Others
5.2 By Application - Global Contactless Payments Revenue & Forecasts
  5.2.1 By Application - Global Contactless Payments Revenue, 2017-2022
  5.2.2 By Application - Global Contactless Payments Revenue, 2023-2028
  5.2.3 By Application - Global Contactless Payments Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Contactless Payments Market Size, 2021 & 2028
6.2 By Region - Global Contactless Payments Revenue & Forecasts
  6.2.1 By Region - Global Contactless Payments Revenue, 2017-2022
  6.2.2 By Region - Global Contactless Payments Revenue, 2023-2028
  6.2.3 By Region - Global Contactless Payments Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Contactless Payments Revenue, 2017-2028
  6.3.2 US Contactless Payments Market Size, 2017-2028
  6.3.3 Canada Contactless Payments Market Size, 2017-2028
  6.3.4 Mexico Contactless Payments Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Contactless Payments Revenue, 2017-2028
  6.4.2 Germany Contactless Payments Market Size, 2017-2028
  6.4.3 France Contactless Payments Market Size, 2017-2028
  6.4.4 U.K. Contactless Payments Market Size, 2017-2028
  6.4.5 Italy Contactless Payments Market Size, 2017-2028
  6.4.6 Russia Contactless Payments Market Size, 2017-2028
  6.4.7 Nordic Countries Contactless Payments Market Size, 2017-2028
  6.4.8 Benelux Contactless Payments Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Contactless Payments Revenue, 2017-2028
  6.5.2 China Contactless Payments Market Size, 2017-2028
  6.5.3 Japan Contactless Payments Market Size, 2017-2028
  6.5.4 South Korea Contactless Payments Market Size, 2017-2028
  6.5.5 Southeast Asia Contactless Payments Market Size, 2017-2028
  6.5.6 India Contactless Payments Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Contactless Payments Revenue, 2017-2028
  6.6.2 Brazil Contactless Payments Market Size, 2017-2028
  6.6.3 Argentina Contactless Payments Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Contactless Payments Revenue, 2017-2028
  6.7.2 Turkey Contactless Payments Market Size, 2017-2028
  6.7.3 Israel Contactless Payments Market Size, 2017-2028
  6.7.4 Saudi Arabia Contactless Payments Market Size, 2017-2028
  6.7.5 UAE Contactless Payments Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Ingenico Group
  7.1.1 Ingenico Group Corporate Summary
  7.1.2 Ingenico Group Business Overview
  7.1.3 Ingenico Group Contactless Payments Major Product Offerings
  7.1.4 Ingenico Group Contactless Payments Revenue in Global Market (2017-2022)
  7.1.5 Ingenico Group Key News
7.2 Verifone Systems
  7.2.1 Verifone Systems Corporate Summary
  7.2.2 Verifone Systems Business Overview
  7.2.3 Verifone Systems Contactless Payments Major Product Offerings
  7.2.4 Verifone Systems Contactless Payments Revenue in Global Market (2017-2022)
  7.2.5 Verifone Systems Key News
7.3 Inside Secure
  7.3.1 Inside Secure Corporate Summary
  7.3.2 Inside Secure Business Overview
  7.3.3 Inside Secure Contactless Payments Major Product Offerings
  7.3.4 Inside Secure Contactless Payments Revenue in Global Market (2017-2022)
  7.3.5 Inside Secure Key News
7.4 On Track Innovations
  7.4.1 On Track Innovations Corporate Summary
  7.4.2 On Track Innovations Business Overview
  7.4.3 On Track Innovations Contactless Payments Major Product Offerings
  7.4.4 On Track Innovations Contactless Payments Revenue in Global Market (2017-2022)
  7.4.5 On Track Innovations Key News
7.5 Oberthur Technologies
  7.5.1 Oberthur Technologies Corporate Summary
  7.5.2 Oberthur Technologies Business Overview
  7.5.3 Oberthur Technologies Contactless Payments Major Product Offerings
  7.5.4 Oberthur Technologies Contactless Payments Revenue in Global Market (2017-2022)
  7.5.5 Oberthur Technologies Key News
7.6 Proxama
  7.6.1 Proxama Corporate Summary
  7.6.2 Proxama Business Overview
  7.6.3 Proxama Contactless Payments Major Product Offerings
  7.6.4 Proxama Contactless Payments Revenue in Global Market (2017-2022)
  7.6.5 Proxama Key News
7.7 Wirecard
  7.7.1 Wirecard Corporate Summary
  7.7.2 Wirecard Business Overview
  7.7.3 Wirecard Contactless Payments Major Product Offerings
  7.7.4 Wirecard Contactless Payments Revenue in Global Market (2017-2022)
  7.7.5 Wirecard Key News
7.8 Giesecke & Devrient
  7.8.1 Giesecke & Devrient Corporate Summary
  7.8.2 Giesecke & Devrient Business Overview
  7.8.3 Giesecke & Devrient Contactless Payments Major Product Offerings
  7.8.4 Giesecke & Devrient Contactless Payments Revenue in Global Market (2017-2022)
  7.8.5 Giesecke & Devrient Key News
7.9 Gemalto
  7.9.1 Gemalto Corporate Summary
  7.9.2 Gemalto Business Overview
  7.9.3 Gemalto Contactless Payments Major Product Offerings
  7.9.4 Gemalto Contactless Payments Revenue in Global Market (2017-2022)
  7.9.5 Gemalto Key News
7.10 Heartland Payment Systems
  7.10.1 Heartland Payment Systems Corporate Summary
  7.10.2 Heartland Payment Systems Business Overview
  7.10.3 Heartland Payment Systems Contactless Payments Major Product Offerings
  7.10.4 Heartland Payment Systems Contactless Payments Revenue in Global Market (2017-2022)
  7.10.5 Heartland Payment Systems Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Contactless Payments Market Opportunities & Trends in Global Market
Table 2. Contactless Payments Market Drivers in Global Market
Table 3. Contactless Payments Market Restraints in Global Market
Table 4. Key Players of Contactless Payments in Global Market
Table 5. Top Contactless Payments Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Contactless Payments Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Contactless Payments Revenue Share by Companies, 2017-2022
Table 8. Global Companies Contactless Payments Product Type
Table 9. List of Global Tier 1 Contactless Payments Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Contactless Payments Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Contactless Payments Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Contactless Payments Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Contactless Payments Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Contactless Payments Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Contactless Payments Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Contactless Payments Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Contactless Payments Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Contactless Payments Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Contactless Payments Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Contactless Payments Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Contactless Payments Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Contactless Payments Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Contactless Payments Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Contactless Payments Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Contactless Payments Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Contactless Payments Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Contactless Payments Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Contactless Payments Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Contactless Payments Revenue, (US$, Mn), 2023-2028
Table 30. Ingenico Group Corporate Summary
Table 31. Ingenico Group Contactless Payments Product Offerings
Table 32. Ingenico Group Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 33. Verifone Systems Corporate Summary
Table 34. Verifone Systems Contactless Payments Product Offerings
Table 35. Verifone Systems Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 36. Inside Secure Corporate Summary
Table 37. Inside Secure Contactless Payments Product Offerings
Table 38. Inside Secure Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 39. On Track Innovations Corporate Summary
Table 40. On Track Innovations Contactless Payments Product Offerings
Table 41. On Track Innovations Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 42. Oberthur Technologies Corporate Summary
Table 43. Oberthur Technologies Contactless Payments Product Offerings
Table 44. Oberthur Technologies Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 45. Proxama Corporate Summary
Table 46. Proxama Contactless Payments Product Offerings
Table 47. Proxama Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 48. Wirecard Corporate Summary
Table 49. Wirecard Contactless Payments Product Offerings
Table 50. Wirecard Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 51. Giesecke & Devrient Corporate Summary
Table 52. Giesecke & Devrient Contactless Payments Product Offerings
Table 53. Giesecke & Devrient Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 54. Gemalto Corporate Summary
Table 55. Gemalto Contactless Payments Product Offerings
Table 56. Gemalto Contactless Payments Revenue (US$, Mn), (2017-2022)
Table 57. Heartland Payment Systems Corporate Summary
Table 58. Heartland Payment Systems Contactless Payments Product Offerings
Table 59. Heartland Payment Systems Contactless Payments Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Contactless Payments Segment by Type in 2021
Figure 2. Contactless Payments Segment by Application in 2021
Figure 3. Global Contactless Payments Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global Contactless Payments Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Contactless Payments Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Contactless Payments Revenue in 2021
Figure 8. By Type - Global Contactless Payments Revenue Market Share, 2017-2028
Figure 9. By Application - Global Contactless Payments Revenue Market Share, 2017-2028
Figure 10. By Region - Global Contactless Payments Revenue Market Share, 2017-2028
Figure 11. By Country - North America Contactless Payments Revenue Market Share, 2017-2028
Figure 12. US Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Contactless Payments Revenue Market Share, 2017-2028
Figure 16. Germany Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 17. France Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Contactless Payments Revenue Market Share, 2017-2028
Figure 24. China Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 28. India Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Contactless Payments Revenue Market Share, 2017-2028
Figure 30. Brazil Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Contactless Payments Revenue Market Share, 2017-2028
Figure 33. Turkey Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Contactless Payments Revenue, (US$, Mn), 2017-2028
Figure 37. Ingenico Group Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Verifone Systems Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Inside Secure Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. On Track Innovations Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Oberthur Technologies Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Proxama Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Wirecard Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Giesecke & Devrient Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Gemalto Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Heartland Payment Systems Contactless Payments Revenue Year Over Year Growth (US$, Mn) & (2017-2022)