North America contactless payment market is expected to grow by 23.6% annually in the forecast period and reach $2,679.9 billion by 2030 driven by 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.

Highlighted with 22 tables and 56 figures, this 110-page report North America 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:

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Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire North America 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 North America 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 North America contactless payment market in every aspect of the classification from perspectives of Component, Solution, Device Type, Technology, Industry Vertical, and Country.

According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.

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This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).

A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries, resulting in a large market for North America Contactless Payment Market.

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, the following national/local markets are fully investigated: Japan China South Korea Australia India Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ bn) are available for 2019-2030. The breakdown of key national markets by Solution, Device Type, and Industry Vertical over the forecast years are also included.

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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Key Players 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

1 Introduction 7 1.1 Industry Definition and Research Scope 7 1.1.1 Industry Definition 7 1.1.2 Research Scope 8 1.2 Research Methodology 11 1.2.1 Overview of Market Research Methodology 11 1.2.2 Market Assumption 12 1.2.3 Secondary Data 12 1.2.4 Primary Data 12 1.2.5 Data Filtration and Model Design 13 1.2.6 Market Size/Share Estimation 14 1.2.7 Research Limitations 15 1.3 Executive Summary 16 2 Market Overview and Dynamics 19 2.1 Market Size and Forecast 19 2.1.1 Impact of COVID-19 on World Economy 20 2.1.2 Impact of COVID-19 on the Market 23 2.2 Major Growth Drivers 25 2.3 Market Restraints and Challenges 29

What is the goal of the report?

The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyses the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.

Key Questions Answered in the Market Report

•    How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies? •    What is the outlook for the impact market during the forecast period 2021-2030? •    What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration? •    What is the end user perception toward? •    How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021? •    What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration? •    What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration? •    What are the key strategies adopted by companies in the impact market? •    What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030? •    What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market? •    Who are the key end users of pharmaceutical quality? What is their respective share in the impact market? •    Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030? •    Which are the key players in the impact market?

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