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A contactless payment, as the name suggests, doesn't require any physical contact between the buyer's smartphone or credit card and the POS. You might also have heard the term NFC, which stands for "near field communication." It's the technology that powers contactless payments through a type of radio frequency identification (called RFID). NFC transactions take place over a specific radio frequency that enables the card or smartphone to communicate with the payment reader when they're close together (usually 10 centimeters or less).
The report forecast global Contactless Payment System market to grow to reach xx Million USD in 2021 with a CAGR of xx% during the period of 2021-2026.
Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. Product values and regional markets are estimated by market analyst, data analyst and people from related industry, based on companys' revenue and applications market respectively."
The report demonstrates detail coverage of Contactless Payment System industry and main market trends.
The data sources include but not limited to reports of companys,international organizations and governments, MMI market surveys,and related industry news.
The market research includes historical and forecast data from like demand, application details, price trends, and company shares of the leading Contactless Payment System by geography, especially focuses on the key regions like United States, European Union, China, and other regions.
In addition, the report provides insight into main drivers,challenges,opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global Contactless Payment System market discussed. Overall, this report covers the historical situation, present status and the future prospects of the global Contactless Payment System market for 2016-2026.
Moreover,the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to over 100 countries and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard,while the online market increase. Fortunately, with the development of vaccine and other effort by global governments and orgnizations, the nagetive impact of COVID-19 is excepted to subside and the global ecnomy is excepted to recover.
Studying and analyzing the impact of Coronavirus COVID-19 on the Contactless Payment System industry, the report provide in-depth analysis and professtional advices on how to face the post COIVD-19 period.
Market Segment by Product Type
- Contactless Card (NFC/RFID)
- Wearable Devices
- Contactless Mobile Payment
Market Segment by Product Application
- Transport
- Media & Entertainment
- Retail
- Healthcare
- Others
Finally, the report provides detailed profile and data information analysis of leading company.
- STMicroelectronics
- INSIDE Secure
- Infineon Technologies
- Gemalto N.V.
- Giesecke & Devrient GmbH
- Oberthur Technologies
- Diebold Inc
- HID Global
- MCR Systems Inc
- Barclays
- Heartland Payment Systems, Inc
- Ingenico Group
- Apple
Report Includes:
- xx data tables (appendix tables)
- Overview of global Contactless Payment System market
- An detailed key players analysis across regions
- Analyses of global market trends, with historical data, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
- Insights into regulatory and environmental developments
- Information on the supply and demand scenario and evaluation of technological and investment opportunities in the Contactless Payment System market
- Profiles of major players in the industry, including- STMicroelectronics,- INSIDE Secure,- Infineon Technologies,- Gemalto N.V.,- Giesecke & Devrient GmbH.....
Research Objectives
- 1.To study and analyze the global Contactless Payment System consumption (value & volume) by key regions/countries, product type and application, history data from 2016 to 2020, and forecast to 2026.
- 2.To understand the structure of Contactless Payment System market by identifying its various subsegments.
- 3.Focuses on the key global Contactless Payment System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.
- 4.To analyze the Contactless Payment System with respect to individual growth trends, future prospects, and their contribution to the total market.
- 5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- 6.To project the consumption of Contactless Payment System submarkets, with respect to key regions (along with their respective key countries).
- 7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- 8.To strategically profile the key players and comprehensively analyze their growth strategies.