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Germany Contactless Payment Market Size, Share, Trends Forecast 2019-2025

Germany contactless payment market is anticipated to grow at a CAGR 15.4% during the forecast period. Germany is one of the leading markets for ICT (Information and Communication Technologies) sector. Well-established ICT sector supports the number of opportunities for ICT market players to emerge in advanced technologies such as digital payment services. Major IT sector companies such as IBM, Google, Microsoft, and SAP are the leading ICT market players in the country. Due to favorable government policies, Germany has substantial capital investments in the ICT sector.

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Germany Contactless Payment Market Size, Share, Trends Forecast 2019-2025

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  1. Orion Market Research Germany Contactless Payment Market Size, Share, Trends Forecast 2019-2025 Request a free sample of our report on Germany Contactless Payment Market: https://www.omrglobal.com/request-sample/germany-contactless-payment-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404

  2. Germany contactless payment market is anticipated to grow at a CAGR 15.4% during the forecast period. Germany is one of the leading markets for ICT (Information and Communication Technologies) sector. Well-established ICT sector supports the number of opportunities for ICT market players to emerge in advanced technologies such as digital payment services. Major IT sector companies such as IBM, Google, Microsoft, and SAP are the leading ICT market players in the country. Due to favorable government policies, Germany has substantial capital investments in the ICT sector. The economic and technical policies are focused on the digital economy, e-infrastructure, digital public administration, and internet-oriented workplace, the involvement of internet services in finance, education, science, and research. Security, protection, speed, and transparency through internet services are adding a significant amount of government’s efforts in the digitalization. Policies such as GDPR (General Data Protection Regulation) and EU Digital Single Market are continuously increasing demand for ICT market. According to the US Department of Commerce, Germany’s ICT market is valued at $211 million in 2017 with an increase of 6% as compared to 2016. Request https://www.omrglobal.com/request-sample/germany-contactless-payment-market a free sample of our report on Germany Contactless Payment Market: Therefore, with the emergence of the digital economy in the country, the demand for secure and fast financial services is increasing. NFC-based payments are considered as a reliable and secured method for financial transactions. However, with the digital economy, the number of cyber threats is estimated to increase substantially. Therefore, cyber threats act as a challenge in the adoption of digital payment methods. Despite the challenges, contactless payments require smart gadgets such as smart phones, smart watches, smart cards, and others, thus, the source of payment is easily available in the country as German population is highly exposed to the smart devices.. A https://www.omrglobal.com/industry-reports/germany-contactless-payment-market full report of Germany Contactless Payment Market is available at: Germany Contactless Payment Market Segmentation By Device ⚫Smartphones ⚫Smart Cards ⚫Point of Sale Terminals ⚫Other By End-User ⚫Retail ⚫BFSI ⚫Transportation

  3. ⚫Others Company Profiles ⚫Gemalto NV ⚫GIESECKE+DEVRIENT GMBH ⚫IBM Corp. ⚫INFINEON TECHNOLOGIES AG ⚫Ingenico Group SA ⚫Prepay solutions ⚫Thales Group ⚫VERIFONE SYSTEMS, INC ⚫VISA, INC ⚫Wirecard AG For more customized data, request for report customization: https://www.omrglobal.com/report- customization/germany-contactless-payment-market About us: Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit https://www.omrglobal.com/ Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404

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