Title: NFC Payment Market - Forecast (2022 - 2027)
1NFC Payment MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The global NFC Payments Market is estimated to
surpass 10.4 billion mark by 2026 growing at an
estimated CAGR of more than 14.5 during the
forecast period 2021 to 2026. - Increased use of technology in financial
transaction and rise in various e-commerce
platforms are expected to accelerate the NFC
Payment market during forecast period. - Digital payments in India are witnessing thriving
growth with a compound annual growth rate of
12.7 in the number of non-cash transactions.
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- Key Takeaways
- Contactless payment in retail sector allows
issuers to penetrate the cash payment market,
enjoy increased transaction volume, improve
customer retention and loyalty. - Use of transaction modes such as NFC / smart
cards has speeded up the transaction process. In
addition, the development of e-commerce websites
has led to an increase in the number of online
transactions that can be considered an attraction
for the mobile money market.
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- NFC Payments Market Segment Analysis - By Device
Type - Mobile Devices is growing at a highest CAGR of
15.2 in the forecast period. Owing to the
growing usage of smartphones all over the globe. - In addition, personalized experiences, rising
penetration of internet, higher speed of
contactless transactions will propel the market
growth. Moreover, several companies are planning
to launch contactless payment solutions for
smartphones.
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- NFC Payments Market Landscape
- Google
- Amazon
- Apple Inc.
- Gemalto N.V
- Giesecke Devrient Gmbh
- Ingenico Group
- Verifone Systems, Inc.
- Wirecard AG
- Heartland Payment Systems,Inc.
- Inside Secure
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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