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 13.5% during 2025-2034. 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: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
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), 2020-2024
- Figure 2: Global Contactless Payment Market by Device Type, 2024
- Figure 3: Global Contactless Payment Market by Application, 2024
- Figure 4: Global Contactless Payment Market by Region, 2024
- Figure 5: Global Contactless Payment Market (in US$ Million), 2025-2034
- Figure 6: Global Contactless Payment Market by Device Type (in %), 2024 & 2034
- Figure 7: Global Smartphones and Wearables Contactless Payment Market (in US$ Million), 2020-2024
- Figure 8: Global Smartphones and Wearables Contactless Payment Market (in US$ Million), 2025-2034
- Figure 9: Global Smart Cards Contactless Payment Market (in US$ Million), 2020-2024
- Figure 10: Global Smart Cards Contactless Payment Market (in US$ Million), 2025-2034
- Figure 11: Global PoS Terminals Contactless Payment Market (in US$ Million), 2020-2024
- Figure 12: Global PoS Terminals Contactless Payment Market (in US$ Million), 2025-2034
- Figure 13: Global Contactless Payment Market by Application (in %), 2024 & 2034
- Figure 14: Global Food and Groceries Contactless Payment Market (in US$ Million), 2020-2024
- Figure 15: Global Food and Groceries Contactless Payment Market (in US$ Million), 2025-2034
- Figure 16: Global Pharmacy and Drug Stores Contactless Payment Market (in US$ Million), 2020-2024
- Figure 17: Global Pharmacy and Drug Stores Contactless Payment Market (in US$ Million), 2025-2034
- Figure 18: Global Restaurants and Bars Contactless Payment Market (in US$ Million), 2020-2024
- Figure 19: Global Restaurants and Bars Contactless Payment Market (in US$ Million), 2025-2034
- Figure 20: Global Consumer Electronics Contactless Payment Market (in US$ Million), 2020-2024
- Figure 21: Global Consumer Electronics Contactless Payment Market (in US$ Million), 2025-2034
- Figure 22: Global Media and Entertainment Contactless Payment Market (in US$ Million), 2020-2024
- Figure 23: Global Media and Entertainment Contactless Payment Market (in US$ Million), 2025-2034
- Figure 24: Global Other Applications Contactless Payment Market (in US$ Million), 2020-2024
- Figure 25: Global Other Applications Contactless Payment Market (in US$ Million), 2025-2034
- Figure 26: Global Contactless Payment Market by Region (in %), 2024 & 2034
- Figure 27: Europe Contactless Payment Market (in US$ Million), 2020-2024
- Figure 28: Europe Contactless Payment Market (in US$ Million), 2025-2034
- Figure 29: Europe Contactless Payment Market by Country (in %), 2024 & 2034
- Figure 30: Germany Contactless Payment Market (in US$ Million), 2020-2034
- Figure 31: United Kingdom Contactless Payment Market (in US$ Million), 2020-2034
- Figure 32: France Contactless Payment Market (in US$ Million), 2020-2034
- Figure 33: Italy Contactless Payment Market (in US$ Million), 2020-2034
- Figure 34: Spain Contactless Payment Market (in US$ Million), 2020-2034
- Figure 35: Russia Contactless Payment Market (in US$ Million), 2020-2034
- Figure 36: Netherlands Contactless Payment Market (in US$ Million), 2020-2034
- Figure 37: North America Contactless Payment Market (in US$ Million), 2020-2024
- Figure 38: North America Contactless Payment Market (in US$ Million), 2025-2034
- Figure 39: North America Contactless Payment Market by Country (in %), 2024 & 2034
- Figure 40: United States Contactless Payment Market (in US$ Million), 2020-2034
- Figure 41: Canada Contactless Payment Market (in US$ Million), 2020-2034
- Figure 42: Asia Pacific Contactless Payment Market (in US$ Million), 2020-2024
- Figure 43: Asia Pacific Contactless Payment Market (in US$ Million), 2025-2034
- Figure 44: Asia Pacific Contactless Payment Market by Country (in %), 2024 & 2034
- Figure 45: China Contactless Payment Market (in US$ Million), 2020-2034
- Figure 46: Japan Contactless Payment Market (in US$ Million), 2020-2034
- Figure 47: India Contactless Payment Market (in US$ Million), 2020-2034
- Figure 48: South Korea Contactless Payment Market (in US$ Million), 2020-2034
- Figure 49: Australia Contactless Payment Market (in US$ Million), 2020-2034
- Figure 50: Indonesia Contactless Payment Market (in US$ Million), 2020-2034
- Figure 51: Latin America Contactless Payment Market (in US$ Million), 2020-2024
- Figure 52: Latin America Contactless Payment Market (in US$ Million), 2025-2034
- Figure 53: Latin America Contactless Payment Market by Country (in %), 2024 & 2034
- Figure 54: Mexico Contactless Payment Market (in US$ Million), 2020-2034
- Figure 55: Brazil Contactless Payment Market (in US$ Million), 2020-2034
- Figure 56: Argentina Contactless Payment Market (in US$ Million), 2020-2034
- Figure 57: Middle East & Africa Contactless Payment Market (in US$ Million), 2020-2024
- Figure 58: Middle East & Africa Contactless Payment Market (in US$ Million), 2025-2034
- Figure 59: Middle East & Africa Contactless Payment Market by Country (in %), 2024 & 2034
- Figure 60: Saudi Arabia Contactless Payment Market (in US$ Million), 2020-2034
- Figure 61: Turkey Contactless Payment Market (in US$ Million), 2020-2034
- Figure 62: Iran Contactless Payment Market (in US$ Million), 2020-2034
- Figure 63: UAE Contactless Payment Market (in US$ Million), 2020-2034
- 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), 2024 & 2034
- Table 3: Global Contactless Payment Market by Application (in US$ Million), 2024 & 2034
- Table 4: Global Contactless Payment Market by Region (in US$ Million), 2024 & 2034
- Table 5: Europe Contactless Payment Market by Country (in US$ Million), 2024 & 2034
- Table 6: North America Contactless Payment Market by Country (in US$ Million), 2024 & 2034
- Table 7: Asia Pacific Contactless Payment Market by Country (in US$ Million), 2024 & 2034
- Table 8: Latin America Contactless Payment Market by Country (in US$ Million), 2024 & 2034
- Table 9: Middle East & Africa Contactless Payment Market by Country (in US$ Million),
- 2024 & 2034
- Table 10: List of Key Players
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