Global Contactless PoS Payment Supply, Demand and Key Producers, 2024-2030

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Published Date: 14 Feb 2024

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Contactless PoS Payment market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).

Contactless payment means making purchases in a point of sale (PoS) system without the need to tap or insert the card.

Payment cab is rendered by simply waving the phone at a (PoS) terminal. Widely, there are three types of technologies that let you do that, often known as NFC Technology.

In addition, the system allows devices to communicate within a distance of 4 cm, and it is compulsory that both the devices the card and the merchant's PoS terminal comply with NFC.

This report studies the global Contactless PoS Payment demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Contactless PoS Payment, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Contactless PoS Payment that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Contactless PoS Payment total market, 2019-2030, (USD Million)
Global Contactless PoS Payment total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Contactless PoS Payment total market, key domestic companies and share, (USD Million)
Global Contactless PoS Payment revenue by player and market share 2019-2024, (USD Million)
Global Contactless PoS Payment total market by Type, CAGR, 2019-2030, (USD Million)
Global Contactless PoS Payment total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Contactless PoS Payment market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Gemalto, Infineon, Ingenico, Wirecard, Verifone, Giesecke+Devrient, IDEMIA, On Track Innovations and Identiv, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Contactless PoS Payment market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Contactless PoS Payment Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Contactless PoS Payment Market, Segmentation by Type
Smartphones
Smartcards
Others

Global Contactless PoS Payment Market, Segmentation by Application
Retail
Hospitality
Healthcare
Energy and Utilities
Transportation
Logistics
BFSI
Others

Companies Profiled:
Gemalto
Infineon
Ingenico
Wirecard
Verifone
Giesecke+Devrient
IDEMIA
On Track Innovations
Identiv
CPI Card Group

Key Questions Answered
1. How big is the global Contactless PoS Payment market?
2. What is the demand of the global Contactless PoS Payment market?
3. What is the year over year growth of the global Contactless PoS Payment market?
4. What is the total value of the global Contactless PoS Payment market?
5. Who are the major players in the global Contactless PoS Payment market?

Table of Contents

1 Supply Summary
    1.1 Contactless PoS Payment Introduction
    1.2 World Contactless PoS Payment Market Size & Forecast (2019 & 2023 & 2030)
    1.3 World Contactless PoS Payment Total Market by Region (by Headquarter Location)
        1.3.1 World Contactless PoS Payment Market Size by Region (2019-2030), (by Headquarter Location)
        1.3.2 United States Contactless PoS Payment Market Size (2019-2030)
        1.3.3 China Contactless PoS Payment Market Size (2019-2030)
        1.3.4 Europe Contactless PoS Payment Market Size (2019-2030)
        1.3.5 Japan Contactless PoS Payment Market Size (2019-2030)
        1.3.6 South Korea Contactless PoS Payment Market Size (2019-2030)
        1.3.7 ASEAN Contactless PoS Payment Market Size (2019-2030)
        1.3.8 India Contactless PoS Payment Market Size (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Contactless PoS Payment Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Contactless PoS Payment Major Market Trends

2 Demand Summary
    2.1 World Contactless PoS Payment Consumption Value (2019-2030)
    2.2 World Contactless PoS Payment Consumption Value by Region
        2.2.1 World Contactless PoS Payment Consumption Value by Region (2019-2024)
        2.2.2 World Contactless PoS Payment Consumption Value Forecast by Region (2025-2030)
    2.3 United States Contactless PoS Payment Consumption Value (2019-2030)
    2.4 China Contactless PoS Payment Consumption Value (2019-2030)
    2.5 Europe Contactless PoS Payment Consumption Value (2019-2030)
    2.6 Japan Contactless PoS Payment Consumption Value (2019-2030)
    2.7 South Korea Contactless PoS Payment Consumption Value (2019-2030)
    2.8 ASEAN Contactless PoS Payment Consumption Value (2019-2030)
    2.9 India Contactless PoS Payment Consumption Value (2019-2030)

3 World Contactless PoS Payment Companies Competitive Analysis
    3.1 World Contactless PoS Payment Revenue by Player (2019-2024)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Contactless PoS Payment Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Contactless PoS Payment in 2023
        3.2.3 Global Concentration Ratios (CR8) for Contactless PoS Payment in 2023
    3.3 Contactless PoS Payment Company Evaluation Quadrant
    3.4 Contactless PoS Payment Market: Overall Company Footprint Analysis
        3.4.1 Contactless PoS Payment Market: Region Footprint
        3.4.2 Contactless PoS Payment Market: Company Product Type Footprint
        3.4.3 Contactless PoS Payment Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Contactless PoS Payment Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Contactless PoS Payment Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
        4.1.2 United States VS China: Contactless PoS Payment Revenue Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States Based Companies VS China Based Companies: Contactless PoS Payment Consumption Value Comparison
        4.2.1 United States VS China: Contactless PoS Payment Consumption Value Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Contactless PoS Payment Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States Based Contactless PoS Payment Companies and Market Share, 2019-2024
        4.3.1 United States Based Contactless PoS Payment Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Contactless PoS Payment Revenue, (2019-2024)
    4.4 China Based Companies Contactless PoS Payment Revenue and Market Share, 2019-2024
        4.4.1 China Based Contactless PoS Payment Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Contactless PoS Payment Revenue, (2019-2024)
    4.5 Rest of World Based Contactless PoS Payment Companies and Market Share, 2019-2024
        4.5.1 Rest of World Based Contactless PoS Payment Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Contactless PoS Payment Revenue, (2019-2024)

5 Market Analysis by Type
    5.1 World Contactless PoS Payment Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Smartphones
        5.2.2 Smartcards
        5.2.3 Others
    5.3 Market Segment by Type
        5.3.1 World Contactless PoS Payment Market Size by Type (2019-2024)
        5.3.2 World Contactless PoS Payment Market Size by Type (2025-2030)
        5.3.3 World Contactless PoS Payment Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Contactless PoS Payment Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Retail
        6.2.2 Hospitality
        6.2.3 Healthcare
        6.2.4 Energy and Utilities
        6.2.5 Energy and Utilities
        6.2.6 Logistics
        6.2.7 BFSI
        6.2.8 Others
    6.3 Market Segment by Application
        6.3.1 World Contactless PoS Payment Market Size by Application (2019-2024)
        6.3.2 World Contactless PoS Payment Market Size by Application (2025-2030)
        6.3.3 World Contactless PoS Payment Market Size by Application (2019-2030)

7 Company Profiles
    7.1 Gemalto
        7.1.1 Gemalto Details
        7.1.2 Gemalto Major Business
        7.1.3 Gemalto Contactless PoS Payment Product and Services
        7.1.4 Gemalto Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.1.5 Gemalto Recent Developments/Updates
        7.1.6 Gemalto Competitive Strengths & Weaknesses
    7.2 Infineon
        7.2.1 Infineon Details
        7.2.2 Infineon Major Business
        7.2.3 Infineon Contactless PoS Payment Product and Services
        7.2.4 Infineon Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.2.5 Infineon Recent Developments/Updates
        7.2.6 Infineon Competitive Strengths & Weaknesses
    7.3 Ingenico
        7.3.1 Ingenico Details
        7.3.2 Ingenico Major Business
        7.3.3 Ingenico Contactless PoS Payment Product and Services
        7.3.4 Ingenico Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.3.5 Ingenico Recent Developments/Updates
        7.3.6 Ingenico Competitive Strengths & Weaknesses
    7.4 Wirecard
        7.4.1 Wirecard Details
        7.4.2 Wirecard Major Business
        7.4.3 Wirecard Contactless PoS Payment Product and Services
        7.4.4 Wirecard Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.4.5 Wirecard Recent Developments/Updates
        7.4.6 Wirecard Competitive Strengths & Weaknesses
    7.5 Verifone
        7.5.1 Verifone Details
        7.5.2 Verifone Major Business
        7.5.3 Verifone Contactless PoS Payment Product and Services
        7.5.4 Verifone Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.5.5 Verifone Recent Developments/Updates
        7.5.6 Verifone Competitive Strengths & Weaknesses
    7.6 Giesecke+Devrient
        7.6.1 Giesecke+Devrient Details
        7.6.2 Giesecke+Devrient Major Business
        7.6.3 Giesecke+Devrient Contactless PoS Payment Product and Services
        7.6.4 Giesecke+Devrient Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.6.5 Giesecke+Devrient Recent Developments/Updates
        7.6.6 Giesecke+Devrient Competitive Strengths & Weaknesses
    7.7 IDEMIA
        7.7.1 IDEMIA Details
        7.7.2 IDEMIA Major Business
        7.7.3 IDEMIA Contactless PoS Payment Product and Services
        7.7.4 IDEMIA Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.7.5 IDEMIA Recent Developments/Updates
        7.7.6 IDEMIA Competitive Strengths & Weaknesses
    7.8 On Track Innovations
        7.8.1 On Track Innovations Details
        7.8.2 On Track Innovations Major Business
        7.8.3 On Track Innovations Contactless PoS Payment Product and Services
        7.8.4 On Track Innovations Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.8.5 On Track Innovations Recent Developments/Updates
        7.8.6 On Track Innovations Competitive Strengths & Weaknesses
    7.9 Identiv
        7.9.1 Identiv Details
        7.9.2 Identiv Major Business
        7.9.3 Identiv Contactless PoS Payment Product and Services
        7.9.4 Identiv Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.9.5 Identiv Recent Developments/Updates
        7.9.6 Identiv Competitive Strengths & Weaknesses
    7.10 CPI Card Group
        7.10.1 CPI Card Group Details
        7.10.2 CPI Card Group Major Business
        7.10.3 CPI Card Group Contactless PoS Payment Product and Services
        7.10.4 CPI Card Group Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024)
        7.10.5 CPI Card Group Recent Developments/Updates
        7.10.6 CPI Card Group Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Contactless PoS Payment Industry Chain
    8.2 Contactless PoS Payment Upstream Analysis
    8.3 Contactless PoS Payment Midstream Analysis
    8.4 Contactless PoS Payment Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Contactless PoS Payment Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
    Table 2. World Contactless PoS Payment Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
    Table 3. World Contactless PoS Payment Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
    Table 4. World Contactless PoS Payment Revenue Market Share by Region (2019-2024), (by Headquarter Location)
    Table 5. World Contactless PoS Payment Revenue Market Share by Region (2025-2030), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Contactless PoS Payment Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
    Table 8. World Contactless PoS Payment Consumption Value by Region (2019-2024) & (USD Million)
    Table 9. World Contactless PoS Payment Consumption Value Forecast by Region (2025-2030) & (USD Million)
    Table 10. World Contactless PoS Payment Revenue by Player (2019-2024) & (USD Million)
    Table 11. Revenue Market Share of Key Contactless PoS Payment Players in 2023
    Table 12. World Contactless PoS Payment Industry Rank of Major Player, Based on Revenue in 2023
    Table 13. Global Contactless PoS Payment Company Evaluation Quadrant
    Table 14. Head Office of Key Contactless PoS Payment Player
    Table 15. Contactless PoS Payment Market: Company Product Type Footprint
    Table 16. Contactless PoS Payment Market: Company Product Application Footprint
    Table 17. Contactless PoS Payment Mergers & Acquisitions Activity
    Table 18. United States VS China Contactless PoS Payment Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 19. United States VS China Contactless PoS Payment Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 20. United States Based Contactless PoS Payment Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Contactless PoS Payment Revenue, (2019-2024) & (USD Million)
    Table 22. United States Based Companies Contactless PoS Payment Revenue Market Share (2019-2024)
    Table 23. China Based Contactless PoS Payment Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Contactless PoS Payment Revenue, (2019-2024) & (USD Million)
    Table 25. China Based Companies Contactless PoS Payment Revenue Market Share (2019-2024)
    Table 26. Rest of World Based Contactless PoS Payment Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Contactless PoS Payment Revenue, (2019-2024) & (USD Million)
    Table 28. Rest of World Based Companies Contactless PoS Payment Revenue Market Share (2019-2024)
    Table 29. World Contactless PoS Payment Market Size by Type, (USD Million), 2019 & 2023 & 2030
    Table 30. World Contactless PoS Payment Market Size by Type (2019-2024) & (USD Million)
    Table 31. World Contactless PoS Payment Market Size by Type (2025-2030) & (USD Million)
    Table 32. World Contactless PoS Payment Market Size by Application, (USD Million), 2019 & 2023 & 2030
    Table 33. World Contactless PoS Payment Market Size by Application (2019-2024) & (USD Million)
    Table 34. World Contactless PoS Payment Market Size by Application (2025-2030) & (USD Million)
    Table 35. Gemalto Basic Information, Area Served and Competitors
    Table 36. Gemalto Major Business
    Table 37. Gemalto Contactless PoS Payment Product and Services
    Table 38. Gemalto Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 39. Gemalto Recent Developments/Updates
    Table 40. Gemalto Competitive Strengths & Weaknesses
    Table 41. Infineon Basic Information, Area Served and Competitors
    Table 42. Infineon Major Business
    Table 43. Infineon Contactless PoS Payment Product and Services
    Table 44. Infineon Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 45. Infineon Recent Developments/Updates
    Table 46. Infineon Competitive Strengths & Weaknesses
    Table 47. Ingenico Basic Information, Area Served and Competitors
    Table 48. Ingenico Major Business
    Table 49. Ingenico Contactless PoS Payment Product and Services
    Table 50. Ingenico Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 51. Ingenico Recent Developments/Updates
    Table 52. Ingenico Competitive Strengths & Weaknesses
    Table 53. Wirecard Basic Information, Area Served and Competitors
    Table 54. Wirecard Major Business
    Table 55. Wirecard Contactless PoS Payment Product and Services
    Table 56. Wirecard Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 57. Wirecard Recent Developments/Updates
    Table 58. Wirecard Competitive Strengths & Weaknesses
    Table 59. Verifone Basic Information, Area Served and Competitors
    Table 60. Verifone Major Business
    Table 61. Verifone Contactless PoS Payment Product and Services
    Table 62. Verifone Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 63. Verifone Recent Developments/Updates
    Table 64. Verifone Competitive Strengths & Weaknesses
    Table 65. Giesecke+Devrient Basic Information, Area Served and Competitors
    Table 66. Giesecke+Devrient Major Business
    Table 67. Giesecke+Devrient Contactless PoS Payment Product and Services
    Table 68. Giesecke+Devrient Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 69. Giesecke+Devrient Recent Developments/Updates
    Table 70. Giesecke+Devrient Competitive Strengths & Weaknesses
    Table 71. IDEMIA Basic Information, Area Served and Competitors
    Table 72. IDEMIA Major Business
    Table 73. IDEMIA Contactless PoS Payment Product and Services
    Table 74. IDEMIA Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 75. IDEMIA Recent Developments/Updates
    Table 76. IDEMIA Competitive Strengths & Weaknesses
    Table 77. On Track Innovations Basic Information, Area Served and Competitors
    Table 78. On Track Innovations Major Business
    Table 79. On Track Innovations Contactless PoS Payment Product and Services
    Table 80. On Track Innovations Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 81. On Track Innovations Recent Developments/Updates
    Table 82. On Track Innovations Competitive Strengths & Weaknesses
    Table 83. Identiv Basic Information, Area Served and Competitors
    Table 84. Identiv Major Business
    Table 85. Identiv Contactless PoS Payment Product and Services
    Table 86. Identiv Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 87. Identiv Recent Developments/Updates
    Table 88. CPI Card Group Basic Information, Area Served and Competitors
    Table 89. CPI Card Group Major Business
    Table 90. CPI Card Group Contactless PoS Payment Product and Services
    Table 91. CPI Card Group Contactless PoS Payment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 92. Global Key Players of Contactless PoS Payment Upstream (Raw Materials)
    Table 93. Contactless PoS Payment Typical Customers
List of Figure
    Figure 1. Contactless PoS Payment Picture
    Figure 2. World Contactless PoS Payment Total Market Size: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Contactless PoS Payment Total Market Size (2019-2030) & (USD Million)
    Figure 4. World Contactless PoS Payment Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
    Figure 5. World Contactless PoS Payment Revenue Market Share by Region (2019-2030), (by Headquarter Location)
    Figure 6. United States Based Company Contactless PoS Payment Revenue (2019-2030) & (USD Million)
    Figure 7. China Based Company Contactless PoS Payment Revenue (2019-2030) & (USD Million)
    Figure 8. Europe Based Company Contactless PoS Payment Revenue (2019-2030) & (USD Million)
    Figure 9. Japan Based Company Contactless PoS Payment Revenue (2019-2030) & (USD Million)
    Figure 10. South Korea Based Company Contactless PoS Payment Revenue (2019-2030) & (USD Million)
    Figure 11. ASEAN Based Company Contactless PoS Payment Revenue (2019-2030) & (USD Million)
    Figure 12. India Based Company Contactless PoS Payment Revenue (2019-2030) & (USD Million)
    Figure 13. Contactless PoS Payment Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Contactless PoS Payment Consumption Value (2019-2030) & (USD Million)
    Figure 16. World Contactless PoS Payment Consumption Value Market Share by Region (2019-2030)
    Figure 17. United States Contactless PoS Payment Consumption Value (2019-2030) & (USD Million)
    Figure 18. China Contactless PoS Payment Consumption Value (2019-2030) & (USD Million)
    Figure 19. Europe Contactless PoS Payment Consumption Value (2019-2030) & (USD Million)
    Figure 20. Japan Contactless PoS Payment Consumption Value (2019-2030) & (USD Million)
    Figure 21. South Korea Contactless PoS Payment Consumption Value (2019-2030) & (USD Million)
    Figure 22. ASEAN Contactless PoS Payment Consumption Value (2019-2030) & (USD Million)
    Figure 23. India Contactless PoS Payment Consumption Value (2019-2030) & (USD Million)
    Figure 24. Producer Shipments of Contactless PoS Payment by Player Revenue ($MM) and Market Share (%): 2023
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Contactless PoS Payment Markets in 2023
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Contactless PoS Payment Markets in 2023
    Figure 27. United States VS China: Contactless PoS Payment Revenue Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Contactless PoS Payment Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. World Contactless PoS Payment Market Size by Type, (USD Million), 2019 & 2023 & 2030
    Figure 30. World Contactless PoS Payment Market Size Market Share by Type in 2023
    Figure 31. Smartphones
    Figure 32. Smartcards
    Figure 33. Others
    Figure 34. World Contactless PoS Payment Market Size Market Share by Type (2019-2030)
    Figure 35. World Contactless PoS Payment Market Size by Application, (USD Million), 2019 & 2023 & 2030
    Figure 36. World Contactless PoS Payment Market Size Market Share by Application in 2023
    Figure 37. Retail
    Figure 38. Hospitality
    Figure 39. Healthcare
    Figure 40. Energy and Utilities
    Figure 41. Transportation
    Figure 42. Logistics
    Figure 43. BFSI
    Figure 44. Others
    Figure 45. Contactless PoS Payment Industrial Chain
    Figure 46. Methodology
    Figure 47. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Gemalto
Infineon
Ingenico
Wirecard
Verifone
Giesecke+Devrient
IDEMIA
On Track Innovations
Identiv
CPI Card Group

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