The Contactless Payment Transaction Market Will See Huge Growth


Contactless payment transaction

Advance Market Analytics has published a new research publication on “Contactless Payment Transaction Market Insights, to 2027” with 232 pages and enriched with self-explained tables and graphs in a presentable format. In the study, you will find new evolving trends, drivers, restraints, and opportunities generated by targeting stakeholders associated with the market. The growth of the contactless payment transaction market has been mainly driven by increasing R&D spending across the globe.

Some of the key players profiled in the study are:

Gemalto (Netherlands), Infineon (Germany), Ingenico (France), Wirecard (Germany), Verifone (United States), Giesecke+Devrient (Germany), IDEMIA (France), On Track Innovations (Israel), Identiv ( United States) .

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Scope of contactless payment transaction report
Contactless payment refers to a secure strategy that allows consumers to purchase products or services using a debit, credit, smart card or other payment device by using radio frequency identification (RFID) technology and near field communication (NFC). This payment method works by tapping a payment card or other device near a point-of-sale terminal equipped with contactless payment technology. Contactless payout is also called tap-and-go or tap by some banks and retailers.

The titled segments and sub-sections of the market are illuminated below:
By Application (Hospitality, Transportation, Media & Entertainment, Retail, Healthcare, Others), Device (Smartphones & Wearables, Smart Cards, Point-of-Sale (POS) Terminals), Component (Hardware, -POS, -cards, -other (Wearables, readers, key fobs and tags), Solutions, Services, -Consulting, -Integration and Deployment, -Support and Maintenance)

Market trends:
Advancement of technology through the integration of the Internet of Things (IoT)

Untapped developing country

Market factors:
Efficiency in its speed of transactions
Customer satisfaction by reducing queue and improving customer experience
Growing internet penetration
Demonetization effect in India

Obstacles :
Increased payment rules and regulations imposed by banks

Regions included are: North America, Europe, Asia-Pacific, Oceania, South America, Middle East and Africa

Country level breakdown: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Netherlands, Spain, Italy, Belgium , Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand, etc.

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Strategic Points Covered in Table of Content of Global Contactless Payment Transactions Market:
Chapter 1: Introduction, Market Driving Product Objective of Study and Research Scope Contactless Payment Transactions Market
Chapter 2: Exclusive Summary – the basic information of Contactless Payment Transactions Market.
Chapter 3: Displaying Market Dynamics – Drivers, Trends and Contactless Payment Transaction Challenges and Opportunities
Chapter 4: Presentation of market factor analysis of contactless payment transactions, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Product Display by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Contactless Payment Transaction Market which includes its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To assess the market by segments, by countries and by manufacturers/company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Viewing the appendix, methodology and data source

finally, Contactless Payment Transaction Market is a valuable source of advice for individuals and businesses.

Read the detailed index of the full research study at @

Craig Francis (Public Relations and Marketing Manager)
AMA Research & Media LLP
Unit #429, Parsonage Road Edison, NJ
New Jersey United States – 08837
Telephone: +1 (206) 317 1218
[email protected]

About the Author:
Advance Market Analytics is a global market research industry leader that provides quantified B2B research to Fortune 500 companies on emerging, high-growth opportunities that will impact over 80% of global business revenue.
Our analyst tracks high growth study with detailed and in-depth statistical analysis of market trends and dynamics that provides a comprehensive overview of the industry. We follow a thorough research methodology coupled with critical insights related to industry factors and market forces to generate the best value for our clients. We provide reliable primary and secondary data sources, our analysts and consultants obtain informative and usable data tailored to the business needs of our clients. The research study enables clients to achieve varied market objectives ranging from global footprint expansion to supply chain optimization and competitor profiling to mergers and acquisitions.

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