Latest added Contactless Revolution Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Mastercard Incorporated (United States), Visa (United States), Google (United States), BHIM (India), Paypal (Unted States), Gemalto (Netherlands), Ingenico (France), Wirecard (Germany), Verifone (Unite States), Giesecke+Devrient (Germany), IDEMIA (France) etc.
The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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Contactless Revolution Market Definition:
Countries and card companies all around the world are raising the transaction threshold for contactless transactions in order to encourage consumers to use a safer method of making purchases. As a result, contactless transactions are on the rise, with a drive for cashless choices in all payment situations, including retail and unattended. The contactless revolution is led by contactless payments. Debit cards, credit cards, smart cards, and any other device that employs RFID or NFC to make a secure payment are examples of contactless payment systems. Contactless payment is useful for secure money transfers and other transactions, which are boosting the market’s growth. The contactless payment provides rapid and effective payment options via an NFC mobile phone, EMV contactless card, or other contactless cards, hence expanding contactless payment usage and propelling the contactless payment market forward.Because of its secure payment mechanism, the growing adoption of contactless payment solutions boosts convenience and improves operational efficiency, driving the market for contactless payment systems. The market’s growth is being aided by the increasing use of contactless payment technologies in smartphones and mobile telephones. Factors like shorter transaction times and ease of processing are propelling the sector forward.
The latest edition of this report you will be entitled to receive additional chapter / commentary on latest scenario, economic slowdown and COVID-19 impact on overall industry. Further it will also provide qualitative information about when industry could come back on track and what possible measures industry players are taking to deal with current situation. Each of the segment analysis table for forecast period also high % impact on growth.
This research is categorized differently considering the various aspects of this market. It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Contactless Revolution Market research report include SWOT analysis.
Influencing Trend:
- Integration of Internet of Things (Iot) With An Existing Contactless Payment Terminal
Challenges:
- Lack of Consumer Awareness
- Complicated End-User Requirements
Opportunities:
- Rise in Adoption of Technology by Merchants for Small Value Transactions
- Use of Security Features of Emerging Technologies
Market Growth Drivers:
- Ensure Faster Transactions
- Rapid &Secured Transactions
- Surge in Demand for Mobile & Wearable Payment Devices
The Global Contactless Revolution segments and Market Data Break Down are illuminated below:
by Type (Hardware (POS, Cards, Others), Solutions (Services, Consulting, Integration and Deployment, Support and Maintenance)), Technology (Cellular Mobile Devices, Smart Cards, Point of Sales Terminals, NFC Chips, Others), Industry Verticals (Retail, Hospitality, Healthcare, Transportation and Logistics, BFSI, Others)
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January 2020 – and CPI Card Group Inc. a payment technology company and leading provider of credit, debit and prepaid solutions, launched its dual interface metal card solution, which uniquely captures two major trends in consumer payments: metal and contactless
The regional analysis of Global Contactless Revolution Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2021-2027.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Strategic Points Covered in Table of Content of Global Contactless Revolution Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Contactless Revolution market
Chapter 2: Exclusive Summary – the basic information of the Contactless Revolution Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Contactless Revolution
Chapter 4: Presenting the Contactless Revolution Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Contactless Revolution market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate 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: Displaying the Appendix, Methodology and Data Source
Finally, Contactless Revolution Market is a valuable source of guidance for individuals and companies.
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Contactless Revolution market?
- What are the key concerns of the five forces analysis of the Global Contactless Revolution market?
- What are different prospects and threats faced by the dealers in the Global Contactless Revolution market?
- What are the strengths and weaknesses of the key vendors?
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
Thanks for reading this article, we can also provide customized report as per company’s specific needs. You can also get separate chapter wise or region wise report versions including North America, Europe or Asia.
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