• Global contactless payment market is forecast to exhibit a CAGR of over 24% to reach $ 25 billion by 2022, on the back of increasing implementation of contactless payment solutions and services, expanding user base of contactless technology enabled credit/debit cards, and rising awareness about the technology. Contactless payment devices include point of sale terminals, cards, NFC chips, mobile handsets, etc. In 2016, POS accounted for the largest market share in contactless payment market due to rising adoption across various end use industries like retail, transportation, hospitality, etc. Supply of cards with NFC feature for contactless payment is further expected to drive the contactless payments market, globally, over the next five years.

    Some of the major players operating in the global contactless payment market include Gemalto N.V., Inside Secure SA, On Track Innovations (OTI) Ltd, Ingenico Group, Visa Inc., Apple Inc., Oberthur Technologies SA, DIEBOLD NIXDORF Incorporated, Verifone Systems, Inc., MCR Systems, Wirecard AG, Proxama PLC, STMicroelectronics, Infineon Technologies AG, Bank of America Corporation, JPMorgan Chase & Co., Square Inc, Citigroup Inc., Smart Technology Solutions Ltd., and Giesecke + Devrient Group.

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    Global contactless payment market is forecast to exhibit a CAGR of over 24% to reach $ 25 billion by 2022, on the back of increasing implementation of contactless payment solutions and services, expanding user base of contactless technology enabled credit/debit cards, and rising awareness about the technology. Contactless payment devices include point of sale terminals, cards, NFC chips, mobile handsets, etc. In 2016, POS accounted for the largest market share in contactless payment market due to rising adoption across various end use industries like retail, transportation, hospitality, etc. Supply of cards with NFC feature for contactless payment is further expected to drive the contactless payments market, globally, over the next five years. Some of the major players operating in the global contactless payment market include Gemalto N.V., Inside Secure SA, On Track Innovations (OTI) Ltd, Ingenico Group, Visa Inc., Apple Inc., Oberthur Technologies SA, DIEBOLD NIXDORF Incorporated, Verifone Systems, Inc., MCR Systems, Wirecard AG, Proxama PLC, STMicroelectronics, Infineon Technologies AG, Bank of America Corporation, JPMorgan Chase & Co., Square Inc, Citigroup Inc., Smart Technology Solutions Ltd., and Giesecke + Devrient Group. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=2088 For More Information Visit: https://www.techsciresearch.com/report/contactless-payment-market/2088.html
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    Global Contactless Payment Market Growth, Size, Share & Forecast 2022 | TechSci Research
    Global contactless payment market is forecast to exhibit a CAGR of over 24% to reach $ 25 billion by 2022, Global Contactless Payment Market Size, Share, Outlook, Trends Market Analysis By Device Type , By Component, By Solution , By End User, By Region, Competition Forecast and Opportunities.
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