Contactless Payment Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

Contactless Payment Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The global contactless payment market is expected to grow at a CAGR of around 15.7% during 2024-2033. This report on global contactless payment market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global contactless payment market by segmenting the market based on device type, application and region. Also, detailed profiles of companies operating in the contactless payment market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Growing Acceptance for Contactless Payments
• Continuous Product and Service Innovation

Market Challenges

• High Cost of Deployment

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Device Type

• Smartphones and Wearables
• Smart Cards
• PoS Terminals

Market by Application

• Food and Groceries
• Pharmacy and Drug Stores
• Restaurants and Bars
• Consumer Electronics
• Media and Entertainment
• Other Applications

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Contactless Payment Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Contactless Payment Market Analysis
4.1. Market Portraiture
4.2. Market Product
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Contactless Payment Market by Device Type
5.1. Introduction
5.2. Smartphones and Wearables
5.3. Smart Cards
5.4. PoS Terminals
6. Global Contactless Payment Market by Application
6.1. Introduction
6.2. Food and Groceries
6.3. Pharmacy and Drug Stores
6.4. Restaurants and Bars
6.5. Consumer Electronics
6.6. Media and Entertainment
6.7. Other Applications
7. Global Contactless Payment Market by Region
7.1. Introduction
7.2. Europe
7.2.1. Germany
7.2.2. United Kingdom
7.2.3. France
7.2.4. Italy
7.2.5. Spain
7.2.6. Russia
7.2.7. Netherlands
7.2.8. Rest of the Europe
7.3. North America
7.3.1. United States
7.3.2. Canada
7.4. Asia Pacific
7.4.1. China
7.4.2. Japan
7.4.3. India
7.4.4. South Korea
7.4.5. Australia
7.4.6. Indonesia
7.4.7. Rest of the Asia Pacific
7.5. Latin America
7.5.1. Mexico
7.5.2. Brazil
7.5.3. Argentina
7.5.4. Rest of Latin America
7.6. Middle East & Africa
7.6.1. Saudi Arabia
7.6.2. Turkey
7.6.3. Iran
7.6.4. United Arab Emirates
7.6.5. Rest of Middle East & Africa
8. SWOT Analysis
9. Porter’s Five Forces
10. Market Value Chain Analysis
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Company Profiles
11.2.1. Alibaba.com.
11.2.2. Amazon.com, Inc.
11.2.3. American Express Company
11.2.4. Apple Inc.
11.2.5. Giesecke & Devrient GmbH
11.2.6. Ingenico
11.2.7. Mastercard
11.2.8. PayPal, Inc.
11.2.9. PayU
11.2.10. Square, Inc.
11.2.11. Thales
11.2.12. VeriFone, Inc.
11.2.13. Visa Inc.
List of Figures
Figure 1: Global Contactless Payment Market (in US$ Million), 2019-2023
Figure 2: Global Contactless Payment Market by Device Type, 2023
Figure 3: Global Contactless Payment Market by Application, 2023
Figure 4: Global Contactless Payment Market by Region, 2023
Figure 5: Global Contactless Payment Market (in US$ Million), 2024-2033
Figure 6: Global Contactless Payment Market by Device Type (in %), 2023 & 2033
Figure 7: Global Smartphones and Wearables Contactless Payment Market (in US$ Million), 2019-2023
Figure 8: Global Smartphones and Wearables Contactless Payment Market (in US$ Million), 2024-2033
Figure 9: Global Smart Cards Contactless Payment Market (in US$ Million), 2019-2023
Figure 10: Global Smart Cards Contactless Payment Market (in US$ Million), 2024-2033
Figure 11: Global PoS Terminals Contactless Payment Market (in US$ Million), 2019-2023
Figure 12: Global PoS Terminals Contactless Payment Market (in US$ Million), 2024-2033
Figure 13: Global Contactless Payment Market by Application (in %), 2023 & 2033
Figure 14: Global Food and Groceries Contactless Payment Market (in US$ Million), 2019-2023
Figure 15: Global Food and Groceries Contactless Payment Market (in US$ Million), 2024-2033
Figure 16: Global Pharmacy and Drug Stores Contactless Payment Market (in US$ Million), 2019-2023
Figure 17: Global Pharmacy and Drug Stores Contactless Payment Market (in US$ Million), 2024-2033
Figure 18: Global Restaurants and Bars Contactless Payment Market (in US$ Million), 2019-2023
Figure 19: Global Restaurants and Bars Contactless Payment Market (in US$ Million), 2024-2033
Figure 20: Global Consumer Electronics Contactless Payment Market (in US$ Million), 2019-2023
Figure 21: Global Consumer Electronics Contactless Payment Market (in US$ Million), 2024-2033
Figure 22: Global Media and Entertainment Contactless Payment Market (in US$ Million), 2019-2023
Figure 23: Global Media and Entertainment Contactless Payment Market (in US$ Million), 2024-2033
Figure 24: Global Other Applications Contactless Payment Market (in US$ Million), 2019-2023
Figure 25: Global Other Applications Contactless Payment Market (in US$ Million), 2024-2033
Figure 26: Global Contactless Payment Market by Region (in %), 2023 & 2033
Figure 27: Europe Contactless Payment Market (in US$ Million), 2019-2023
Figure 28: Europe Contactless Payment Market (in US$ Million), 2024-2033
Figure 29: Europe Contactless Payment Market by Country (in %), 2023 & 2033
Figure 30: Germany Contactless Payment Market (in US$ Million), 2019-2033
Figure 31: United Kingdom Contactless Payment Market (in US$ Million), 2019-2033
Figure 32: France Contactless Payment Market (in US$ Million), 2019-2033
Figure 33: Italy Contactless Payment Market (in US$ Million), 2019-2033
Figure 34: Spain Contactless Payment Market (in US$ Million), 2019-2033
Figure 35: Russia Contactless Payment Market (in US$ Million), 2019-2033
Figure 36: Netherlands Contactless Payment Market (in US$ Million), 2019-2033
Figure 37: North America Contactless Payment Market (in US$ Million), 2019-2023
Figure 38: North America Contactless Payment Market (in US$ Million), 2024-2033
Figure 39: North America Contactless Payment Market by Country (in %), 2023 & 2033
Figure 40: United States Contactless Payment Market (in US$ Million), 2019-2033
Figure 41: Canada Contactless Payment Market (in US$ Million), 2019-2033
Figure 42: Asia Pacific Contactless Payment Market (in US$ Million), 2019-2023
Figure 43: Asia Pacific Contactless Payment Market (in US$ Million), 2024-2033
Figure 44: Asia Pacific Contactless Payment Market by Country (in %), 2023 & 2033
Figure 45: China Contactless Payment Market (in US$ Million), 2019-2033
Figure 46: Japan Contactless Payment Market (in US$ Million), 2019-2033
Figure 47: India Contactless Payment Market (in US$ Million), 2019-2033
Figure 48: South Korea Contactless Payment Market (in US$ Million), 2019-2033
Figure 49: Australia Contactless Payment Market (in US$ Million), 2019-2033
Figure 50: Indonesia Contactless Payment Market (in US$ Million), 2019-2033
Figure 51: Latin America Contactless Payment Market (in US$ Million), 2019-2023
Figure 52: Latin America Contactless Payment Market (in US$ Million), 2024-2033
Figure 53: Latin America Contactless Payment Market by Country (in %), 2023 & 2033
Figure 54: Mexico Contactless Payment Market (in US$ Million), 2019-2033
Figure 55: Brazil Contactless Payment Market (in US$ Million), 2019-2033
Figure 56: Argentina Contactless Payment Market (in US$ Million), 2019-2033
Figure 57: Middle East & Africa Contactless Payment Market (in US$ Million), 2019-2023
Figure 58: Middle East & Africa Contactless Payment Market (in US$ Million), 2024-2033
Figure 59: Middle East & Africa Contactless Payment Market by Country (in %), 2023 & 2033
Figure 60: Saudi Arabia Contactless Payment Market (in US$ Million), 2019-2033
Figure 61: Turkey Contactless Payment Market (in US$ Million), 2019-2033
Figure 62: Iran Contactless Payment Market (in US$ Million), 2019-2033
Figure 63: UAE Contactless Payment Market (in US$ Million), 2019-2033
Figure 64: Market Value Chain
List of Tables
Table 1: Global Contactless Payment Market Portraiture
Table 2: Global Contactless Payment Market by Device Type (in US$ Million), 2023 & 2033
Table 3: Global Contactless Payment Market by Application (in US$ Million), 2023 & 2033
Table 4: Global Contactless Payment Market by Region (in US$ Million), 2023 & 2033
Table 5: Europe Contactless Payment Market by Country (in US$ Million), 2023 & 2033
Table 6: North America Contactless Payment Market by Country (in US$ Million), 2023 & 2033
Table 7: Asia Pacific Contactless Payment Market by Country (in US$ Million), 2023 & 2033
Table 8: Latin America Contactless Payment Market by Country (in US$ Million), 2023 & 2033
Table 9: Middle East & Africa Contactless Payment Market by Country (in US$ Million),
2023 & 2033
Table 10: List of Key Players

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