Contactless Payment Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The global Contactless Payment market is expected to grow at a CAGR of 12.4% during the forecast period.
The global Contactless Payment market is estimated to be about 9083.8 million US dollars in 2020.
The global Contactless Payment market is estimated to reach 14521.4 million USD by 2026.
The global Contactless Payment market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Contactless Payment market will be able to gain an advantage as they use reports as a powerful resource.
The global Contactless Payment market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Contactless Payment market will be able to gain an advantage as they use reports as a powerful resource.
Contactless Payment markets by category
Smart Cards
NFC Chips
Point of Sale Terminals
Mobile Handsets
Other Devices
Contactless Payment Market by Application (Percentage of Demand)
Managed Services
Professional Services
Multi-Channel Payment
Who are the leading companies in Contactless Payment market
American Express
Thales
Giesecke & Devrient
Heartland Payment Systems
Ingenico Group
Inside Secure
MasterCard Worldwide
Microsoft
Oberthur Technologies
On Track innovations
Opus Software Solutions
Paypal
Proxama
Renesas Electronic
Discover
Verifone Systems
Visa
Wirecard
Apple
Tencent
Alibaba
UnionPay
Chase
Contactless Payment markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Contactless Payment.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Consumption Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Contactless Payment Market Size and Growth Forecast 2014-2026
2.2 Global Contactless Payment Market Size by Region 2014-2026
2.3 Contactless Payment Gross Margin in Different Region 2014-2021
2.4 Global Contactless Payment Market by Major Companies
2.1 Global Contactless Payment Revenue and Market Share by Vendors (2016-2021)
2.2 Global Contactless Payment Industry Concentration Ratio (CR5 and HHI)
2.3 Top 5 Contactless Payment Vendors Market Share
2.4 Top 10 Contactless Payment Vendors Market Share
3 Global Contactless Payment Market by Type
3.1 Global Contactless Payment Market Size and Growth Rate Segment by Types from 2014-2021
3.2 Brief Introduction of Different Types
3.2.1 Smart Cards
3.2.2 NFC Chips
3.2.3 Point of Sale Terminals
3.2.4 Mobile Handsets
3.2.5 Other Devices
4 Global Contactless Payment Market by Application
4.1 Global Contactless Payment Market Size and Growth Rate Segment by Applications from 2014-2021
4.2 Brief Introduction of Different Applications
4.2.1 Managed Services
4.2.2 Professional Services
4.2.3 Multi-Channel Payment
5 North America Contactless Payment Market Value and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Contactless Payment Value ($) from 2014-2021
5.2 North America Contactless Payment Market Value ($) and Growth (%) by Type from 2014-2021
5.3 North America Contactless Payment Market Value ($) and Growth (%) by Application from 2014-2021
5.4 North America Contactless Payment Market Value ($) and Growth (%) by Countries from 2014-2021
5.4.1 The United States
5.4.2 Canada
5.5 Top North America Contactless Payment Participants Value ($) and Market Share (%) in 2020
6 Europe Contactless Payment Market Value and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Contactless Payment Value ($) from 2014-2021
6.2 Europe Contactless Payment Market Value ($) and Growth (%) by Type from 2014-2021
6.3 Europe Contactless Payment Market Value ($) and Growth (%) by Application from 2014-2021
6.4 Europe Contactless Payment Market Value ($) and Growth (%) by Countries from 2014-2021
6.4.1 Germany
6.4.2 France
6.4.3 UK
6.4.4 Italy
6.4.5 Russia
…
6.5 Top Europe Contactless Payment Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Contactless Payment Market Value and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Contactless Payment Value ($) from 2014-2021
7.2 Asia-Pacific Contactless Payment Market Value ($) and Growth (%) by Type from 2014-2021
7.3 Asia-Pacific Contactless Payment Market Value ($) and Growth (%) by Application from 2014-2021
7.4 Asia-Pacific Contactless Payment Market Value ($) and Growth (%) by Countries from 2014-2021
7.4.1 China
7.4.2 Japan
7.4.3 Korea
7.4.4 Southeast Asia
7.4.5 India
7.4.6 Australia
…
7.5 Top Asia-Pacific Contactless Payment Participants Value ($) and Market Share (%) in 2020
8 Latin America Contactless Payment Market Value and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Contactless Payment Value ($) from 2014-2021
8.2 Latin America Contactless Payment Market Value ($) and Growth (%) by Type from 2014-2021
8.3 Latin America Contactless Payment Market Value ($) and Growth (%) by Application from 2014-2021
8.4 Latin America Contactless Payment Market Value ($) and Growth (%) by Countries from 2014-2021
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Chile
8.4.5 Colombia
…
8.5 Top Latin America Contactless Payment Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Contactless Payment Market Value and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Contactless Payment Value ($) from 2014-2021
9.2 Middle East & Africa Contactless Payment Market Value ($) and Growth (%) by Type from 2014-2021
9.3 Middle East & Africa Contactless Payment Market Value ($) and Growth (%) by Application from 2014-2021
9.4 Middle East & Africa Contactless Payment Market Value ($) and Growth (%) by Countries from 2014-2021
9.4.1 Egypt
9.4.2 Saudi Arabia
9.4.3 United Arab Emirates
9.4.4 Nigeria
9.4.5 South Africa
…
9.5 Top Middle East & Africa Contactless Payment Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 American Express
10.1.1 American Express Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 American Express Value, Gross and Growth Rate from 2014-2021
10.2 Thales
10.2.1 Thales Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Thales Value, Gross and Growth Rate from 2014-2021
10.3 Giesecke & Devrient
10.3.1 Giesecke & Devrient Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Giesecke & Devrient Value, Gross and Growth Rate from 2014-2021
10.4 Heartland Payment Systems
10.4.1 Heartland Payment Systems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Heartland Payment Systems Value, Gross and Growth Rate from 2014-2021
10.5 Ingenico Group
10.5.1 Ingenico Group Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Ingenico Group Value, Gross and Growth Rate from 2014-2021
10.6 Inside Secure
10.6.1 Inside Secure Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Inside Secure Value, Gross and Growth Rate from 2014-2021
10.7 MasterCard Worldwide
10.7.1 MasterCard Worldwide Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 MasterCard Worldwide Value, Gross and Growth Rate from 2014-2021
10.8 Microsoft
10.8.1 Microsoft Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Microsoft Value, Gross and Growth Rate from 2014-2021
10.9 Oberthur Technologies
10.9.1 Oberthur Technologies Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Oberthur Technologies Value, Gross and Growth Rate from 2014-2021
10.10 On Track innovations
10.10.1 On Track innovations Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 On Track innovations Value, Gross and Growth Rate from 2014-2021
10.11 Opus Software Solutions
10.11.1 Opus Software Solutions Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Opus Software Solutions Value, Gross and Growth Rate from 2014-2021
10.12 Paypal
10.12.1 Paypal Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Paypal Value, Gross and Growth Rate from 2014-2021
10.13 Proxama
10.13.1 Proxama Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 Proxama Value, Gross and Growth Rate from 2014-2021
10.14 Renesas Electronic
10.14.1 Renesas Electronic Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.14.2 Renesas Electronic Value, Gross and Growth Rate from 2014-2021
10.15 Discover
10.15.1 Discover Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.15.2 Discover Value, Gross and Growth Rate from 2014-2021
10.16 Verifone Systems
10.16.1 Verifone Systems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.16.2 Verifone Systems Value, Gross and Growth Rate from 2014-2021
10.17 Visa
10.17.1 Visa Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.17.2 Visa Value, Gross and Growth Rate from 2014-2021
10.18 Wirecard
10.18.1 Wirecard Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.18.2 Wirecard Value, Gross and Growth Rate from 2014-2021
10.19 Apple
10.19.1 Apple Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.19.2 Apple Value, Gross and Growth Rate from 2014-2021
10.20 Google
10.20.1 Google Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.20.2 Google Value, Gross and Growth Rate from 2014-2021
10.21 Tencent
10.21.1 Tencent Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.21.2 Tencent Value, Gross and Growth Rate from 2014-2021
10.22 Alibaba
10.22.1 Alibaba Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.22.2 Alibaba Value, Gross and Growth Rate from 2014-2021
10.23 UnionPay
10.23.1 UnionPay Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.23.2 UnionPay Value, Gross and Growth Rate from 2014-2021
10.24 Chase
10.24.1 Chase Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.24.2 Chase Value, Gross and Growth Rate from 2014-2021
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in one or More of the Following Regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
11.1.2 Increasing Use of Contactless Payment by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
12. Future Forecast of Global Contactless Payment Market from 2021-2026
12.1 Future Forecast of Global Contactless Payment Market from 2021-2026 Segment by Regions
12.2 Future Forecast of Global Contactless Payment Market from 2021-2026 Segment by Type
12.3 Future Forecast of Global Contactless Payment Market from 2021-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Market Size Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
14.8 Covid-19 Impact/Evaluation
15 Disclaimer
Research Methodology:
Contactless Payment Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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