Contactless Payments Market Size, Share And Major Industry Players Forecast (2024-2030)

The global “Contactless Payments Market Size 2024 ” is expected to rise with an impressive CAGR and generate the highest revenue by 2030. Fortune Business Insights™ in its latest report published this information. The report is titled “Contactless Payments Market Size, Share and Revenue Forecast, 2023-2030”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.


  • January 2019: ICBC, bank in China announced the agreement with the Gemalto (Thales Group), to continue providing contactless cards owing to increasing demand for digital transactions. ICBC’s Thales Group (formerly Gemalto) dual interface card will offer users to pay by inserting or tapping the card at the point of sale.
  • May 2018: Wirecard, the leading specialist for digital financial technology, has joined forces with Garmin, the main GPS innovation organization, to offer completely advanced contactless instalments. In the coming weeks, all clients of Garmin Pay in Europe will profit by simple and secure versatile instalments by means of shelter at the purpose of offer.

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Report Highlights:

  • A comprehensive overview of the Contactless Payments Market
  • Significant factors boosting, restricting, challenging and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in the Contactless Payments Market
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

Driving Factor:


Regional Analysis for Contactless Payments Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)

The Contactless Payments Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.

Contactless Payments Market Segments:

By Solution

  • Payment Terminal Solution
  • Device Management Solution
  • Contactless Mobile Payment Solution
  • Transaction & Data Management
  • Security and Fraud Management

By Industry

  • BFSI
  • Retail
  • IT & Telecom
  • Transportation
  • Hospitality
  • Government
  • Others

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Top Smart Contactless Payments Market Size Manufacturers covered in the Market Report include:

  • MasterCard Inc.,
  • Visa Inc.,
  • Giesecke & Devrient GmbH,
  • Google Inc.,
  • Apple Inc.,
  • Samsung Electronics Co. Ltd.,
  • Thales Group,
  • PayPal Holdings Inc.,
  • com Inc.,

Some of the Key Questions Answered in this Report:

  • Detailed Overview of the Contactless Payments Market will help deliver clients and businesses making strategies.
  • Influencing factors that are thriving demand and latest trends running in the market.
  • Contactless Payments Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
  • What trends, challenges and barriers will impact the development and sizing of the Global Contactless Payments Market?
  • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
  • What is the Contactless Payments Market growth momentum or market carries during the forecast period?
  • Which region may tap the highest market share in the coming era?
  • Which application/end-user category or Product Type may seek incremental growth prospects?
  • What focused approach and constraints are holding the Contactless Payments Market demand?

Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

Major Table of Contents for Contactless Payments Market Research Report:

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Contactless Payments Market Insights
  • Global Market Analysis, Insights and Forecast
  • North America Market Analysis, Insights and Forecast
  • Europe Market Analysis, Insights and Forecast
  • Asia Pacific Market Analysis, Insights and Forecast
  • The Middle East and Africa Market Analysis, Insights and Forecast
  • Latin America Market Analysis, Insights and Forecast
  • Competitive Landscape
  • Global Contactless Payments Market Revenue Share Analysis, By Key Players, 2023
  • Company Profiles
  • Conclusion

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