Mobile wallets could become a key marketing platform for businesses.

They are rich ‘communication channels’ and can be made ‘location-aware’ through technologies, like GPS (Global Positioning System) and beacons.

Yet another avenue that marketers have heavily tapped into is ‘Data.’ Data offers insights to develop personalized promotions & loyalty programs (through targeted communication).

What’s more fascinating, m-wallets have the potential to interact with the ‘Internet of Things’ in coming years.

However, with the global explosion in the technological sector, India gained huge benefits.

Some of the major driving factors for market growth are:There has been a rapid penetration of smartphones, especially across the developing economies, along with setting of telecom infrastructure, which has led to organizations in this space discovering opportunities frequently with regards to penetrating a region.E-commerce has received a huge boost in recent years, with consumers carrying out transaction of products, large and small, on these platforms.

Contactless Payment Market report added by Value Market Research, offering growth, trends, and forecast for each segment along with regional and country analysis.

The study has done with respect to market share, size, outlook, estimation and forecast period 2021-2027.

Further, this report also highlights the regional and country-level market analysis.The contactless payment market is vast, with many local and global players.

the key leaders follow different strategies to improve their market position, such as contracts, mergers, contracts, extending product portfolio, acquisitions, expansions, and product innovations to improve their market share globally.

For instance, In October 2019, IDEMIA and Mobeewave expanded their partnership to install secure mobile PoS and fare validation in Australia.

The key players included in the report are Gemalto, Heartland Payment Systems, Inc., Visa Inc., Verifone, Giesecke & Devrient GmbH, Ingenico Group SA, IDEMIA, Wirecard AG., On Track Innovations Ltd., and Thales Group.Get more information on "Global Contactless Payment Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/contactless-payment-market/download-sampleMarket SegmentationThe entire horse riding apparel market has been sub-categorized into device, solution, application, and region.

Contactless payment Market:WiseGuyReports.com adds “Global Contactless payment Market Research Report 2020” reports to its database.Executive SummaryGlobal Contactless payment Market is valued approximately at USD 9.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 11.70% over the forecast period 2020-2026.The Contactless Payment is a protected method intended for the transaction of the payments done by credit cards, debit cards, smartphones, and others.

For instance, in January 2020, CPI Card Group unveiled dual interface metal cards that distinctively combine high-quality design and contactless capabilities.

Similarly, in October 2019, Mobeewave and IDEMIA prolonged their business to install safe mobile PoS and fare authentication across Australia.

However, high cost of deploying contactless payment technologies impedes the growth of the market over the forecast period of 2020-2026.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5272733-global-contactless-payment-market-size-study-by-componentThe regional analysis of global Contactless payment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.

Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.

Factors such as growing purchasing power along with increasing acceptance of this mode of payment would create lucrative growth prospects for the Contactless payment market across Asia-Pacific region.Major market player included in this report are:ACS (Advanced Card Systems) Ltd.Chip & Pin Solutions Ltd.Mifare Pty LimitedIngenico Inc.Gemalto N.V.Verifone Systems Inc.Heartland Payment Systems Inc.On Track Innovations Ltd.Castles Technology Co. Ltd.Bindo Labs Inc.The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.

According to a new market research report "Contactless Payment Market by Component (Hardware (PoS and Cards), Solutions, and Services (Consulting, Integration and Deployment, and Support and Maintenance)), Vertical (Retail and hospitality), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the Contactless Payment Market size expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card.

With the increasing integration of contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown tremendously across all the countries.Browse in-depth TOC on "Contactless Payment Market”106- Tables34- Figures154- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1313Based on component, the hardware segment to account for the largest market size during the forecast periodThis section studies the contactless payment hardware portfolio.

Contactless payments are about wave and pay payments.

System integration services include project management, designing, engineering, procurement, testing, installation, commissioning, and after-sales services.

These services enable the effective and smooth running of processes at reduced costs while maintaining their operational environment for end users.Among regions, Europe to account for the highest market share during the forecast periodThe contactless payment market in Europe is the largest in terms of market size and is highly fragmented based on multi-currencies and multi-languages.

The UK, Poland, Spain, and Germany are the leading countries in the European contactless payment market.Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1313The major contactless payment market vendors include Gemalto (Netherlands), Infineon (Germany), Ingenico (France) , Wirecard (Germany), Verifone (US), Giesecke+Devrient (Germany), IDEMIA (France), On Track Innovations (Israel), Identiv (US), CPI Card Group (US), Bitel (South Korea), Setomatic Systems (US), Valitor (Iceland), PAX Global Technology (China), MYPINPAD (UK), Mobeewave (Canada), Alcineo (South Africa), Castles (Taiwan), SumUp (UK), and PayCore (Istanbul).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

According to a new market research report "Contactless Payment Market by Component (Hardware (PoS and Cards), Solutions, and Services (Consulting, Integration and Deployment, and Support and Maintenance)), Vertical (Retail and hospitality), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the Contactless Payment Market size expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card.

With the increasing integration of contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown tremendously across all the countries.Browse in-depth TOC on "Contactless Payment Market”106- Tables34- Figures154 PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1313Based on component, the hardware segment to account for the largest market size during the forecast periodThis section studies the contactless payment hardware portfolio.

Contactless payments are about wave and pay payments.

System integration services include project management, designing, engineering, procurement, testing, installation, commissioning, and after-sales services.

These services enable the effective and smooth running of processes at reduced costs while maintaining their operational environment for end users.Among regions, Europe to account for the highest market share during the forecast periodThe contactless payment market in Europe is the largest in terms of market size and is highly fragmented based on multi-currencies and multi-languages.

The UK, Poland, Spain, and Germany are the leading countries in the European contactless payment market.Request Sample Pages @  https://www.marketsandmarkets.com/requestsampleNew.asp?id=1313The major contactless payment market vendors include Gemalto (Netherlands), Infineon (Germany), Ingenico (France) , Wirecard (Germany), Verifone (US), Giesecke+Devrient (Germany), IDEMIA (France), On Track Innovations (Israel), Identiv (US), CPI Card Group (US), Bitel (South Korea), Setomatic Systems (US), Valitor (Iceland), PAX Global Technology (China), MYPINPAD (UK), Mobeewave (Canada), Alcineo (South Africa), Castles (Taiwan), SumUp (UK), and PayCore (Istanbul).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

According to a new market research report "Contactless Payment Market by Component (Hardware (PoS and Cards), Solutions, and Services (Consulting, Integration and Deployment, and Support and Maintenance)), Vertical (Retail and hospitality), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Contactless Payment Market size expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card.

With the increasing integration of contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown tremendously across all the countries.Browse in-depth TOC on "Contactless Payment Market”106- Tables34- Figures 154 PagesRequest PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1313Based on component, the hardware segment to account for the largest market size during the forecast periodThis section studies the contactless payment hardware portfolio.

Contactless payments are about wave and pay payments.

System integration services include project management, designing, engineering, procurement, testing, installation, commissioning, and after-sales services.

These services enable the effective and smooth running of processes at reduced costs while maintaining their operational environment for end users.Among regions, Europe to account for the highest market share during the forecast periodThe contactless payment market in Europe is the largest in terms of market size and is highly fragmented based on multi-currencies and multi-languages.

The UK, Poland, Spain, and Germany are the leading countries in the European contactless payment market.Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1313The major contactless payment market vendors include Gemalto (Netherlands), Infineon (Germany), Ingenico (France) , Wirecard (Germany), Verifone (US), Giesecke+Devrient (Germany), IDEMIA (France), On Track Innovations (Israel), Identiv (US), CPI Card Group (US), Bitel (South Korea), Setomatic Systems (US), Valitor (Iceland), PAX Global Technology (China), MYPINPAD (UK), Mobeewave (Canada), Alcineo (South Africa), Castles (Taiwan), SumUp (UK), and PayCore (Istanbul).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

According to a new market research report "Contactless Payment Market by Component (Hardware (PoS and Cards), Solutions, and Services (Consulting, Integration and Deployment, and Support and Maintenance)), Vertical (Retail and hospitality), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the Contactless Payment Market size expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card.

With the increasing integration of contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown tremendously across all the countries.Browse in-depth TOC on "Contactless Payment Market”106- Tables34- Figures154 PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1313Based on component, the hardware segment to account for the largest market size during the forecast periodThis section studies the contactless payment hardware portfolio.

Contactless payments are about wave and pay payments.

System integration services include project management, designing, engineering, procurement, testing, installation, commissioning, and after-sales services.

These services enable the effective and smooth running of processes at reduced costs while maintaining their operational environment for end users.Among regions, Europe to account for the highest market share during the forecast periodThe contactless payment market in Europe is the largest in terms of market size and is highly fragmented based on multi-currencies and multi-languages.

The UK, Poland, Spain, and Germany are the leading countries in the European contactless payment market.Request Sample Pages @  https://www.marketsandmarkets.com/requestsampleNew.asp?id=1313The major contactless payment market vendors include Gemalto (Netherlands), Infineon (Germany), Ingenico (France) , Wirecard (Germany), Verifone (US), Giesecke+Devrient (Germany), IDEMIA (France), On Track Innovations (Israel), Identiv (US), CPI Card Group (US), Bitel (South Korea), Setomatic Systems (US), Valitor (Iceland), PAX Global Technology (China), MYPINPAD (UK), Mobeewave (Canada), Alcineo (South Africa), Castles (Taiwan), SumUp (UK), and PayCore (Istanbul).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.