Asia Pacific contactless payment market will grow by 26.3% annually with a total addressable market cap of $21,898.3 billion over 2021-2030 owing to the improved service offered by contactless payments, rising adoption of new emergent system, technological advancements in digital platforms and mobile devices, and increasing penetration due to COVID-19 pandemic.
Key Companies Covered in the Asia Pacific Contactless Payment Market Research are Giesecke+Devrient Mobile Security GmbH, Heartland Payment Systems Inc, IDEMIA, Ingenico Group SA, Oberthur Technologies Morpho, On Track Innovations LTD, PAX Technology, Inc., Setomatic Systems, Thales Group (Gemalto N.V.), Valitor, VeriFone, Inc., Visa Inc., Wirecard AG and other key market players.
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Highlighted with 29 tables and 59 figures, this 118-page report Asia Pacific Contactless Payment Market 2020-2030 by Component (Hardware, Solutions, Services), Solution, Device Type (Smartphones, Smart Cards, PoS Terminals, NFC Chips), Technology (RFID, NFC, HCE, Bluetooth), Industry Vertical (Retail, Healthcare, Hospitality), and Country: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire Asia Pacific contactless payment market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects: Market Structure Growth Drivers Restraints and Challenges Emerging Product Trends & Market Opportunities Porters Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global contactless payment market in every aspect of the classification from perspectives of Component, Solution, Device Type, Technology, Industry Vertical, and Region
Based on Component Hardware Solutions Services
Based on Solution Payment Terminal Solution Transaction Management Device Management Solution Contactless Mobile Payment Solution Security and Fraud Management Hosted Point-of-Sales Other Solutions
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Based on Device Type Smartphones Smart Cards Point of Sale (PoS) Terminals NFC Chips Other Devices
Based on Technology Radio Frequency Identification (RFID) Near Field Communication (NFC) Host Card Emulation (HCE) Bluetooth Other Technologies
Based on Industry Vertical Retail Healthcare Hospitality Transportation & Logistics BFSI IT and Telecommunication Energy & Utilities Government Other Industry Verticals
Geographically Japan China South Korea Australia India Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
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The following are the market factors covered in this report:
Key inquiries addressed in the report:
These responses will feature a comprehensive examination of the:
Here the report offers details on import and export, production, earnings, and major players across all regions examined. It covers important manufacturers, significant market segments, the range of goods on offer in the global market, years are taken into account, and research goals.
It also discusses the segmentation analysis based on product type and application that is presented in the report. The major studies, market growth rate, competitive environment, market drivers, trends, concerns, and macroscopic indicators, are all summarized. The report studies the SWOT analysis of each player profiled in this section, their products, production, value, capacity, and other crucial criteria.
Key Questions Answered in the Market Report
What will the market size be in 2030 and what will the growth rate be? What are the main trends that are positively impacting the growth of the market? What growth strategies are the players considering to stay in the market? Which regional market will emerge as a pioneer in the years to come? Which application segment will experience strong growth? Who are the key suppliers in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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