Market Insights

As per recent research by MarkNtel Advisors, The Asia-Pacific Contactless Payment Market is anticipated to grow at a CAGR of around 16% during 2021-26F.

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Market Segmentation and Consumer Behavior:

By Devices

  • Smartphones
  • Smart Cards
  • Point of Sale Terminals
  • Other

By Technology

  • NFC
  • RFID
  • IR

By End User

  • Retail
  • BFSI
  • Healthcare
  • Telecom & IT
  • Entertainment & Media
  • Hospitality & Restaurant
  • Transportation
  • Others

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Asia-Pacific Contactless Payment Market Geographical Analysis:

By Country:

  • India
  • China
  • Australia
  • South Korea
  • South East Asia
  • Japan
  • Singapore
  • Malaysia
  • Others

Key Players and Competitive Strategies in the Asia-Pacific Contactless Payment Market

Several prominent players dominate the Asia-Pacific Contactless Payment Market, including:

  • Alipay
  • GrabPay
  • Renesas Electronics Corporation
  • PayTM
  • Verifone Systems, Inc.
  • Rakuten Pay
  • INSIDE Secure
  • Ingenico Group S.A.
  • Gemalto Nv
  • Heartland Payment Systems
  • Ibm Corp.
  • Infineon Technologies Ag
  • Valitor Hf
  • Wirecard Ag
  • Visa, Inc.
  • Giesecke & Devrient Gmbh

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Questions Addressed in this Study

1.What factors are driving the Asia-Pacific Contactless Payment Market growth?

2.How is the Asia-Pacific Contactless Payment Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Asia-Pacific Contactless Payment Market?

4.What is the current size of the Asia-Pacific Contactless Payment Market, and how is it projected to change in the future?

5.What is the future outlook for the Asia-Pacific Contactless Payment Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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