Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Contactless Payments Market Size

The global contactless payments market attained a value of USD 2,430.45 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 20.1% to reach USD 12,633.98 billion by 2032.

 

Global Contactless Payments Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 2,430.45
Market Size 2032 USD Billion 12,633.98
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 20.1%
CAGR 2024-2032 - Market by Region Asia Pacific 26.0%
CAGR 2024-2032 - Market by Country India 29.9%
CAGR 2024-2032 - Market by Country Germany 21.1%
CAGR 2024-2032 - Market by Type Smartphones and Wearables 22.1%
CAGR 2024-2032 - Market by Application Pharmacy and Drug Stores 19.3%
Market Share by Country 2023 Japan 4.7%

 

Contactless Payments Market Report Snapshots

Contactless Payments Market Size

Contactless Payments Market Growth

Contactless Payments Market Trends

Contactless Payments Companies

Contactless Payments Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Outline the Scope

Key Questions Answered in the Report

In 2023, the global contactless payments market attained a value of nearly USD 2,430.45 billion.

The market is projected to grow at a CAGR of 20.1% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 12,633.98 billion by 2032.

The major drivers of the market include the growing e-commerce sector, rising internet penetration, and favourable government initiatives aimed at promoting contactless payments.

The key trends guiding the market include technological advancements and innovations and the rising use of contactless payments as a safe option as compared to payments by cards.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Smartphones and wearables, smart cards, and post terminals are the major device types considered in the market report.

The various applications of contactless payments are food and groceries, pharmacy and drug stores, restaurants and bars, consumer electronics, and media and entertainment, among others.

The major players in the market are Pax Technologies Pvt. Ltd., Proxama PLC, VeriFone Holdings, Inc., Wirecard AG, On Track Innovations Ltd., and Ingenico Group S.A., among others.

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

Get Started
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

Get Started
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

Get Started
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

Get Started
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Gain insights to stay ahead and seize opportunities.

Get insights & trends for a competitive edge.

Track prices with detailed trend reports.

Analyse trade data for supply chain insights.

Leverage cost reports for smart savings

Enhance supply chain with partnerships.

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Request Brochure

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Get To Know Us

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

Our Services

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

Markets We Cover
Back to top

We’re here to help answer any questions about our products and services.

Contact us

Get In Touch

Our Offices

Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

Quick Links

Who We Are

What We Offer

 

© 2024 Claight Corp. All Rights Reserved

$getforecastarray = array(); if (isset($ismapshow)) { $forecast_period_start = isset($forecast_period_start) ? $forecast_period_start : ''; if ($forecast_period_start != "") { $yearInc = 1; for ($startfrom = $forecast_period_start; $startfrom <= $forecast_period_end; $startfrom++) { $calculatFercastYear=calculateFutureValue(($getReportDetail['base_value']> 0) ? $getReportDetail['base_value'] : 100, $getReportDetail['cagr'], $yearInc); $getforecastarray[] = array('years' => "$startfrom", 'value' => $calculatFercastYear); $yearInc++; } } } $getforecastarrayJson = json_encode($getforecastarray); ?>