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Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024

High security to keep customer’s data protected and convenience to use it are contributing in the rapid adoption of contactless payment transaction method across the globe.” Contactless payment transaction market is segmented on the basis of payment mode and by end-user. Payment mode is further bifurcated into wearable devices, contactless smart cards and contactless mobile payments. Contactless smart cards held the largest share of the global contactless payment transaction market in terms of both revenue and volume in 2015. Europe Contactless payment transaction market is anticipated grow at a healthy CAGR of 39.0% during the forecast period.

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Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024

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  1. Report Code : HICT1006 Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 Sample Request 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

  2. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 Contactless Payment Transaction Market Outlook The introduction of contactless payment transaction method has provided benefits for all the consumers, merchants and issuers. Contactless payment transaction performs at 60% more faster rate as compared to cash and traditional magnetic stripe cards. This is primarily contributing in gaining popularity for contactless payment transaction method across the globe. Usage of contactless payment transaction method is increased by 20 to 30% over cash payment method in past few years. Preference of digital wallet over traditional or cash payment method is becoming a latest trend and is expected to impact the growth of cashless payment transaction market in the near future. Moreover, progressive acceptance of cloud computing is facilitating IT services results in the development of contactless payment transaction solutions. Government bodies are more inclined towards the adoption of cloud computing to facilitate with flexible services for contactless transactions. Government is also introducing policies for contactless transactions owing to its dynamic functionalities. For instance, Canadian government is focusing more towards the adoption of contactless transaction. With the implementation of contactless transaction method, it was reported that over 70% of contactless payment services were offered by retailers of Canada in 2015.  Send Us Sample Request@ https://www.goldsteinresearch.com/request-sample/global-contactless-payment-transaction-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

  3. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 • Market Segmentation • Based on Payment Mode • Wearable Devices • Contactless Smart Card (Radio-frequency Identification/Near Field Communication Technology) • Contactless Mobile Payment • Based on End-User • Government • Banking & Finance • IT & Telecommunication • Transportation & Logistics • Energy & Utilities • Healthcare • Retail • Hospitality • Request for TOC@ https://www.goldsteinresearch.com/toc-request/global-contactless-payment-transaction-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024 Sample Request

  4. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 • Based on Geography • North America (US, Canada) {Market Share (%), Market Size (USD Million), Production (Units)} • Europe(UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Production (Units)} • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Production (Units) } • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million) , Production (Units)} • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Production (Units)} • Rest of the World{Market Share (%), Market Size (USD Million), Production (Units)}

  5. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 Market Size and Forecast (2016-2024) The global contactless payment transaction market is projected to rise from USD 49.7 billion in 2016 to USD 776.4 billion at a CAGR of 41.0 % by the end of 2024. Based on geography, Europe is the dominating market and accounted for 55% revenue share of the global contactless payment transaction market in 2015. In 2016, more than 3 billion contactless transactions were made by the European customers. The adoption of the wearable technology has become the traction for the major countries such as Australia, the UK and the U.S. As compared to other countries, Australia is more focused towards the reception of digital electronics. In 2015, 40% of Australian population has adopted for wearable technology, whereas 22% of UK and US population were accounted for the use of this technology. Asia-Pacific is the fastest growing region for contactless payment transaction market. Growing adaptation of digitization in India is driving e-commerce market and has shown 40% increase in digital transaction in past three years. E-Commerce market is showing tremendous growth in Latin America as compared to the North America due to rising adoption of digital technologies in countries such as Brazil, Columbia, Argentina and Mexico. However North America is expected to grow at faster rate during the forecast period and accounted for the 15% revenue share of global contactless payment transaction market in 2015.

  6. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 Global Contactless Payment Transaction Market 2024contains detailed overview of the global contactless payment transaction market in terms of market segmentation by payment mode and by end-user. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. Global contactless payment transaction market also provides competitive outlook of some of the major players of the global contactless payment transaction market which includes profiling of companies such as Apple Inc., Barclays, Gemalto N.V, Samsung Electronics, Giesecke & Devrient GmbH, Heartland Payment Systems, Ingenico Group, Inside Secure, On Track Innovations LTD, Verifone Systems, Oberthur Technologies SA, Proxama PLC and Wirecard AG. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global contactless payment transaction market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

  7. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 • Scope Background • Market Synopsis • Market Segmentation • Global contactless payment transaction market segmentation follows: • By Payment Mode (Market Size, Demand Analysis and Growth Analysis) • By End-User (Market Size, Demand Analysis and Growth Analysis) • By Country • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis} • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis} • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis} • Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis} • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis} • Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

  8. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 • Market Dynamics: Growth Drivers, Restraints and Opportunities • Risk Factors • Regional Variations • Recent Trends and Developments • Key Market Players • Synopsis • Business Strategy • Product Portfolio • SWOT Analysis • Porter’s Five Force Model • Market Landscape: Competition and Beyond • Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem • Expert Analysis • Concluding Remarks Sample Request

  9. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 About Goldstein Research Based in U.S., Goldstein Researchis a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

  10. Contactless Payment Transaction Market Growth Forecast and Demand Analysis 2016-2024 Sample Request For more information Contact Us: 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

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