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