Global Contactless Payments Market (2017-2023): Increase in Mobile Banking Services Due to the Adoption of Contactless Readers - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Contactless Payments Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report to their offering.

Global contactless payments market is anticipated to reach $ 6.80 Billion in 2016 to $18 Billion by 2023 with an attractive CAGR of 22% during 2016 - 2023.

There are many major drivers enhancing the Global Contactless Payments Market, such as an increase in mobile banking services, due to the adoption of contactless readers, increasing online and mobile phone payments by end users and due to beneficial features like cost-efficiency and easy installation. Apart from this, due to increasing concern regarding contactless advancements and due to huge cost involved in deploying EPOS terminals are the major factors that creating the negative impact on the Global Contactless Payments Market globally.

APAC is the fastest increasing area throughout the prediction period due to the growing technological implementation and increasing number of contactless payment technology that permitted mobile handsets in countries such as India, Japan, China, and Australia. Additionally, North America is anticipated to be additional revenue creating market, with solution market as the foremost revenue generating segment is determined by growing acceptance of cloud-based contactless technology solutions in the section.

Companies Mentioned

  • America Express Co.
  • Gemalto N.V.
  • Giesecke & Devrient Gmbh
  • Heartland Payment Systems, Inc.
  • Ingenico Group
  • Inside Secure
  • Mastercard Worldwide
  • Microsoft Corporation Inc.
  • Oberthur Technologies Sa
  • Paypal Inc.
  • Proxama, Plc
  • Renesas Electronic Corp.
  • Thales, Visa Inc.
  • Verifone Systems, Inc.
  • Wirecard Ag

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/rkghml/global

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Mobile and Contactless Payments, Near Field Communication

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Mobile and Contactless Payments, Near Field Communication