Asia Pacific Face-swiping Payment Market Size, Share & Industry Trends Analysis Report By Type (Payment Equipment (POS Equipment and Kiosk) and Payment System), By Application (Retail, Restaurant, Travel, and Others), By Country and Growth Forecast, 2022 - 2028

The Asia Pacific Face-swiping Payment Market would witness market growth of 17.7% CAGR during the forecast period (2022-2028).

Existing facial recognition pays and concludes that the face feature is, i.e., sent money after a meeting, but does not account for the face feature. It is simple to not check out when there is a high incidence of facial feature identification errors and a large number of customers in the queue. The client identifies facial features, and the existing recognition of face structural redundancy is strong.

Additionally, the accuracy is enhanced and the space for the function is optimized. Accordingly, a type of new facial payment platform would be desirable, as it would allow for the resolution of the aforementioned technical issue, the replacement of manual operations burdened with trivial details, the improvement of shopper checkout efficiency, the enhancement of the payment mechanism as a whole, and the protection of each client's account number.

Initially, it is important to recognize that face payment technology is a facial recognition technology. When used in a payment link, it is referred to as face payment. Face recognition technology is a type of biometric recognition technology that is based on the analysis of human facial features. A collection of technologies that employ a 3D camera or camera to gather photos or video streams including human faces, automatically recognize and track human faces in the images, and then conduct facial recognition on the discovered faces.

Increasingly, APAC nations are investing in retail face-swiping payment projects. China, Japan, India, and the rest of APAC comprise the regional retail POS market's subsegments. Due to the significance of SMEs and the drop in TCO, there is a continually increasing customer base. Short wait times, high levels of security, the availability of paperless receipts, a decreased demand for a check-out area, and greater floor space are among the benefits of retail POS systems that will help the growth of the retail POS industry in the region.

The China market dominated the Asia Pacific Face-swiping Payment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,424 million by 2028. The Japan market is estimated to grow a CAGR of 17% during (2022 - 2028). Additionally, The India market would experience a CAGR of 18.4% during (2022 - 2028).

Based on Type, the market is segmented into Payment Equipment (POS Equipment and Kiosk) and Payment System. Based on Application, the market is segmented into Retail, Restaurant, Travel, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Face-swiping Payment Market is Projected to reach USD 11.9 Billion by 2028, at a CAGR of 17.4%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ant Group (Alipay) (Alibaba Holding), NEC Corporation, Mastercard, Inc., PopID, Inc. (Cali Group), PayByFace B.V., VisionLabs (Mobile TeleSystems OJSC), SnapPay, Inc., CloudWalk Technology Co. Ltd., and PAX Global Technology Limited.

Scope of the Study

Market Segments Covered in the Report:

By Type

• Payment Equipment
  • POS Equipment
  • Kiosk
• Payment System

By Application

• Retail
• Restaurant
• Travel
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Ant Group (Alipay) (Alibaba Holding)
• NEC Corporation
• Mastercard, Inc.
• PopID, Inc. (Cali Group)
• PayByFace B.V.
• VisionLabs (Mobile TeleSystems OJSC)
• SnapPay, Inc.
• CloudWalk Technology Co. Ltd.
• PAX Global Technology Limited

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Face-swiping Payment Market, by Type
1.4.2 Asia Pacific Face-swiping Payment Market, by Application
1.4.3 Asia Pacific Face-swiping Payment Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Face-swiping Payment Market by Type
3.1 Asia Pacific Payment Equipment Market by Country
3.2 Asia Pacific Face-swiping Payment Market by Payment Equipment Type
3.2.1 Asia Pacific POS Equipment Market by Country
3.2.2 Asia Pacific Kiosk Market by Country
3.3 Asia Pacific Payment System Market by Country

Chapter 4. Asia Pacific Face-swiping Payment Market by Application
4.1 Asia Pacific Retail Market by Country
4.2 Asia Pacific Restaurant Market by Country
4.3 Asia Pacific Travel Market by Country
4.4 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Face-swiping Payment Market by Country
5.1 China Face-swiping Payment Market
5.1.1 China Face-swiping Payment Market by Type
5.1.1.1 China Face-swiping Payment Market by Payment Equipment Type
5.1.2 China Face-swiping Payment Market by Application
5.2 Japan Face-swiping Payment Market
5.2.1 Japan Face-swiping Payment Market by Type
5.2.1.1 Japan Face-swiping Payment Market by Payment Equipment Type
5.2.2 Japan Face-swiping Payment Market by Application
5.3 India Face-swiping Payment Market
5.3.1 India Face-swiping Payment Market by Type
5.3.1.1 India Face-swiping Payment Market by Payment Equipment Type
5.3.2 India Face-swiping Payment Market by Application
5.4 South Korea Face-swiping Payment Market
5.4.1 South Korea Face-swiping Payment Market by Type
5.4.1.1 South Korea Face-swiping Payment Market by Payment Equipment Type
5.4.2 South Korea Face-swiping Payment Market by Application
5.5 Singapore Face-swiping Payment Market
5.5.1 Singapore Face-swiping Payment Market by Type
5.5.1.1 Singapore Face-swiping Payment Market by Payment Equipment Type
5.5.2 Singapore Face-swiping Payment Market by Application
5.6 Malaysia Face-swiping Payment Market
5.6.1 Malaysia Face-swiping Payment Market by Type
5.6.1.1 Malaysia Face-swiping Payment Market by Payment Equipment Type
5.6.2 Malaysia Face-swiping Payment Market by Application
5.7 Rest of Asia Pacific Face-swiping Payment Market
5.7.1 Rest of Asia Pacific Face-swiping Payment Market by Type
5.7.1.1 Rest of Asia Pacific Face-swiping Payment Market by Payment Equipment Type
5.7.2 Rest of Asia Pacific Face-swiping Payment Market by Application

Chapter 6. Company Profiles
6.1 Ant Group (Alipay) (Alibaba Holding)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental Analysis
6.1.4 Recent strategies and developments:
6.1.4.1 Product Launches and Product Expansions:
6.2 NEC Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.3 Mastercard, Inc.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.3.4 Recent strategies and developments:
6.3.4.1 Partnerships, Collaborations, and Agreements:
6.3.4.2 Product Launches and Product Expansions:
6.4 PopID, Inc. (Cali Group)
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Partnerships, Collaborations, and Agreements:
6.5 PayByFace B.V.
6.5.1 Company Overview
6.6 VisionLabs (Mobile TeleSystems OJSC)
6.6.1 Company Overview
6.7 SnapPay, Inc.
6.7.1 Company Overview
6.8 CloudWalk Technology Co. Ltd.
6.8.1 Company Overview
6.9 PAX Global Technology Limited
6.9.1 Company Overview

TABLE 1 Asia Pacific Face-swiping Payment Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Face-swiping Payment Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Face-swiping Payment Market by Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Face-swiping Payment Market by Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Payment Equipment Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Payment Equipment Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific POS Equipment Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific POS Equipment Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Kiosk Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Kiosk Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Payment System Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Payment System Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Face-swiping Payment Market by Application, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Face-swiping Payment Market by Application, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Retail Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Retail Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Restaurant Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Restaurant Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Travel Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Travel Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Face-swiping Payment Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Face-swiping Payment Market by Country, 2022 - 2028, USD Million
TABLE 27 China Face-swiping Payment Market, 2018 - 2021, USD Million
TABLE 28 China Face-swiping Payment Market, 2022 - 2028, USD Million
TABLE 29 China Face-swiping Payment Market by Type, 2018 - 2021, USD Million
TABLE 30 China Face-swiping Payment Market by Type, 2022 - 2028, USD Million
TABLE 31 China Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
TABLE 32 China Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
TABLE 33 China Face-swiping Payment Market by Application, 2018 - 2021, USD Million
TABLE 34 China Face-swiping Payment Market by Application, 2022 - 2028, USD Million
TABLE 35 Japan Face-swiping Payment Market, 2018 - 2021, USD Million
TABLE 36 Japan Face-swiping Payment Market, 2022 - 2028, USD Million
TABLE 37 Japan Face-swiping Payment Market by Type, 2018 - 2021, USD Million
TABLE 38 Japan Face-swiping Payment Market by Type, 2022 - 2028, USD Million
TABLE 39 Japan Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
TABLE 40 Japan Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
TABLE 41 Japan Face-swiping Payment Market by Application, 2018 - 2021, USD Million
TABLE 42 Japan Face-swiping Payment Market by Application, 2022 - 2028, USD Million
TABLE 43 India Face-swiping Payment Market, 2018 - 2021, USD Million
TABLE 44 India Face-swiping Payment Market, 2022 - 2028, USD Million
TABLE 45 India Face-swiping Payment Market by Type, 2018 - 2021, USD Million
TABLE 46 India Face-swiping Payment Market by Type, 2022 - 2028, USD Million
TABLE 47 India Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
TABLE 48 India Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
TABLE 49 India Face-swiping Payment Market by Application, 2018 - 2021, USD Million
TABLE 50 India Face-swiping Payment Market by Application, 2022 - 2028, USD Million
TABLE 51 South Korea Face-swiping Payment Market, 2018 - 2021, USD Million
TABLE 52 South Korea Face-swiping Payment Market, 2022 - 2028, USD Million
TABLE 53 South Korea Face-swiping Payment Market by Type, 2018 - 2021, USD Million
TABLE 54 South Korea Face-swiping Payment Market by Type, 2022 - 2028, USD Million
TABLE 55 South Korea Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
TABLE 56 South Korea Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
TABLE 57 South Korea Face-swiping Payment Market by Application, 2018 - 2021, USD Million
TABLE 58 South Korea Face-swiping Payment Market by Application, 2022 - 2028, USD Million
TABLE 59 Singapore Face-swiping Payment Market, 2018 - 2021, USD Million
TABLE 60 Singapore Face-swiping Payment Market, 2022 - 2028, USD Million
TABLE 61 Singapore Face-swiping Payment Market by Type, 2018 - 2021, USD Million
TABLE 62 Singapore Face-swiping Payment Market by Type, 2022 - 2028, USD Million
TABLE 63 Singapore Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
TABLE 64 Singapore Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
TABLE 65 Singapore Face-swiping Payment Market by Application, 2018 - 2021, USD Million
TABLE 66 Singapore Face-swiping Payment Market by Application, 2022 - 2028, USD Million
TABLE 67 Malaysia Face-swiping Payment Market, 2018 - 2021, USD Million
TABLE 68 Malaysia Face-swiping Payment Market, 2022 - 2028, USD Million
TABLE 69 Malaysia Face-swiping Payment Market by Type, 2018 - 2021, USD Million
TABLE 70 Malaysia Face-swiping Payment Market by Type, 2022 - 2028, USD Million
TABLE 71 Malaysia Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
TABLE 72 Malaysia Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
TABLE 73 Malaysia Face-swiping Payment Market by Application, 2018 - 2021, USD Million
TABLE 74 Malaysia Face-swiping Payment Market by Application, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific Face-swiping Payment Market, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific Face-swiping Payment Market, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Face-swiping Payment Market by Type, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Face-swiping Payment Market by Type, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Face-swiping Payment Market by Application, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Face-swiping Payment Market by Application, 2022 - 2028, USD Million
TABLE 83 Key Information – Ant Group
TABLE 84 KEY INFORMATION – NEC Corporation
TABLE 85 key Information – Mastercard, Inc.
TABLE 86 Key Information – PopID, Inc.
TABLE 87 Key Information – PayByFace B.V.
TABLE 88 Key Information – VisionLabs
TABLE 89 Key Information – SnapPay, Inc.
TABLE 90 Key Information – CloudWalk Technology Co. Ltd.
TABLE 91 Key Information – PAX Global Technology Limited

List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Mastercard, Inc.