Contactless Payments Market worth $9.88 Billion by 2018

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MarketsandMarkets Presents
Contactless Payments Market worth 9.88 Billion
by 2018
http//www.marketsandmarkets.com/Market-Reports/co
ntactless-payments-market-1313.html
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The report "Contactless Payments Market by
Solutions (Payment Terminal, Business Management,
Card Issuance, Anti-Skimming), by Services
(Consultation, Integration, Value Added
Services) - Global Advancements, Market
Forecasts and Analysis 2013 - 2018 ", defines and
segments the Contactless Payments market into
various sub-segments with an in-depth analysis
and forecasting of revenues. The report also
identifies the factors driving this market,
various restraints and opportunities impacting it
along with the technology roadmap and adoption
trends. Browse 98 market data tables and 63
figures spread through 238 pages and in-depth TOC
on Contactless Payments Market by Solutions
(Payment Terminal, Business Management, Card
Issuance, Anti-Skimming), by Services
(Consultation, Integration, Value Added
Services) - Global Advancements, Market
Forecasts and Analysis 2013 - 2018"http//www.mar
ketsandmarkets.com/Market-Reports/contactless-paym
ents-market-1313.html Request to Download
Free PDF Brochure _at_ http//www.marketsandmarkets
.com/pdfdownload.asp?id1313
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MarketsandMarkets broadly segments the
Contactless Payments market by payment modes such
as contactless payments via mobile handsets,
contactless smart cards and key fobs. The report
also covers types of solutions payment terminal
solutions, business management solutions, card
issuance solutions, and anti-skimming solutions.
It is also segmented by types of services
including consultation services, integration
services and value added services. The
Contactless Payments market is also segmented by
type of verticals banking financial services and
insurance (BFSI), consumer goods and retail,
healthcare, government and public sector, telecom
and IT, transportation and logistics and by
regions North America (NA), Europe (EU),
Asia-Pacific (APAC), Middle East and Africa (MEA)
and Latin America (LA). Inquire Before Buying _at_
http//www.marketsandmarkets.com/Enquiry_Before_Bu
ying.asp?id1313 Contactless Payments are
ideally suited to various quick service
businesses such as movie theatres, convenience
stores, gas stations and fast food restaurants.
The contactless reader interface with existing
POS terminals can read wide array of devices such
as key fobs, cards, vehicle tags, and mobile
phones amongst others.
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MarketsandMarkets believes that contactless
payment services are helpful in offering terminal
solutions, various management solutions, issuance
solutions to financial institutions and
anti-skimming solutions. Diversified industries
including academics, government, banking,
healthcare, media and transportation use
Contactless Payments service for education,
transportation, and entertainment. The challenges
occurring while delivering Contactless Payments
can be overcome by taking secured measures and
installing them in the devices. MarketsandMarkets
forecasts the Contactless Payments market to
grow from 4.32 billion in 2013 to 9.88 billion
in 2018, at a CAGR of 18 during the forecast
period. In terms of regions, APAC is expected to
be the biggest market in terms of revenue
contribution, while North America (NA) and Latin
America (LA) are expected to experience increased
market traction, during the forecast period.
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