According to our research analysis, ‘Europe contactless payment market 2020-2030’ was valued at USD 522.6 billion in 2020 and will grow by 22.6% annually over 2020-2030 owing to the 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 32 tables and 60 figures, this 120-page report Europe 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: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire Europe 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
- Porter's Fiver Forces
The trend and outlook of Europe 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 Europe contactless payment market in every aspect of the classification from perspectives of Component, Solution, Device Type, Technology, Industry Vertical, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue (USD bn) for 2019-2030 included in each section.
- Hardware
- Solutions
- Services
Based on Solution, the Europe market is segmented into the following sub-markets with annual revenue (USD bn) for 2019-2030 included in each section.
- 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, the Europe market is segmented into the following sub-markets with annual revenue (USD bn) for 2019-2030 included in each section.
- Smartphones
- Smart Cards
- Point of Sale (PoS) Terminals
- NFC Chips
- Other Devices
Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue (USD bn) for 2019-2030 included in each section.
- Radio Frequency Identification (RFID)
- Near Field Communication (NFC)
- Host Card Emulation (HCE)
- Bluetooth
- Other Technologies
For More Information, Refer to below link: -
Europe Contactless Payment Market Growth Rate
Related Report: -
North America contactless payment market 2020-2030
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