Europe Contactless Payment Market is expected to grow at a CAGR of 15.2% during the forecast period (2016 - 2022)

According to a new report Europe Contactless Payment Market, published by KBV Research, the Europe Contactless Payment Market is expected to grow at a CAGR of 15.2% during the forecast period.

E-commerce as an industry has significantly influenced different verticals and directly influenced and augmented the demand for contactless payment.  Another contributing factor that has led to the widespread adoption of contactless payment is the need for expedient payment mechanism with an aim of providing better customer services.

In 2015, Germany dominated the Europe Contactless Payment Solution Market. The Country is expected to reach USD 1,601.6 million by 2022. However, Spain is expected to witness highest CAGR of 16.4% during the forecast period (2016-2022).

In 2015, BFSI segment dominated the Europe Contactless Payment market by Vertical. The segment has generated revenue of USD 493.8 million in 2015. However, Healthcare would witness highest CAGR of 17.7% during the forecast period.

The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the Europe Contactless Payment Market have been discussed in the report along with the elaborated company profiles of Microsoft Corporation, Wirecard AG (until April 6, 2005: InfoGenie AG), Giesecke & Devrient GmbH, Ingenico Group S.A, Gemalto NV, Renesas Electronics Corporation, INSIDE Secure, Verifone Systems, Inc.

Full report: https://www.kbvresearch.com/europe-contactless-payment-market/

Segmentation

Europe Contactless Payment Market By Device Type

• Mobile Handsets
• Point of Sale Terminals
• NFC Chips
• Smart Cards
• Others

Europe Contactless Payment Market By Solution Type

• Payment Terminal Solution
• Contactless Mobile Payment Solution
• Device Management Solution
• Transaction Management Solution
• Data Management Solution
• Security and Fraud Management Solution
• Hosted Point of Sale Solution
• Analytics Solution

Europe Contactless Payment Market By Service Type

• Professional Services
  • Consulting Services
  • Integration and Deployment Services
  • Support and Maintenance Services
• Managed Services
• Multi-Channel Payment and Value-Added Services

Europe Contactless Payment Market By Vertical

• Government
• Banking, Financial Services, and Insurance
• Telecommunication and IT
• Transportation and Logistics
• Healthcare
• Energy and Utilities
• Retail
• Hospitality
• Others

Europe Contactless Payment Market By Country

• Germany Contactless Payment Market
• UK Contactless Payment Market
• France Contactless Payment Market
• Russia Contactless Payment Market
• Spain Contactless Payment Market
• Italy Contactless Payment Market
• Rest of Europe Contactless Payment Market

Companies Profiled

• INSIDE Secure
• Microsoft Corporation
• Renesas Electronics Corporation
• Gemalto NV
• Ingenico Group S.A
• Giesecke & Devrient GmbH
• Wirecard AG (until April 6, 2005: InfoGenie AG)
• Verifone Systems, Inc.

Unique Offerings from KBV Research

• Exhaustive coverage of Europe Contactless Payment Market
• The highest number of market tables and figures
• Subscription based model available
• Free of cost quarterly updates
• Guaranteed best price
• Assured post sales research support with 10% customization free

Related Reports:

Global Contactless Payment Market

North America Contactless Payment Market

Asia-Pacific Contactless Payment Market

LAMEA Contactless Payment Market