The North America Dual Interface Payment Card Market would witness market growth of 16.2% CAGR during the forecast period (2022-2028).
The form factor of the customer's contactless payment device might range from cards to wearables to smart phones with Near Field Communication (NFC) capabilities. For every transaction made using contactless technology, a special code is generated. Payments made with a contactless device are secure and safe and safeguard customers' private information.
The main distinction among a contactless payment and other frequently utilized ways is that a contactless payment device sends payment bank details to the merchant's POS terminal using RF technology, as opposed to the payment card's chip or magnetic stripe, which must be inserted or scanned. The consumer must take a conscious effort to expose the card or mobile device towards the POS reader in order to start the payment transaction because contactless payment devices only work at very close ranges (less than 1-2 inches).
As the United States transitions to EMV chip card payments, NFC technology is growing in popularity as a practical tool for consumer transactions. NFC is a standard that allows proximity-based communication among consumer electronics like mobile phones, personal computers, tablets, or wearable devices; it is not a payment system. A POS system that presently only accepts contactless payment cards can interact with a mobile device that has NFC capabilities. NFC-enabled devices that have been "loaded" with a mobile payment application could be used to make contactless payments, which are handled in the same way as both contact & contactless EMV chip card transactions.
The US market dominated the North America Dual Interface Payment Card Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,300.1 million by 2028. The Canada market is poised to grow at a CAGR of 18.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 17.8% during (2022 - 2028).
Based on Type, the market is segmented into Plastic and Metal. Based on End Use, the market is segmented into Retail, Transportation, Healthcare, Hospitality, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Dual Interface Payment Card Market is Estimated to reach $17.9 Billion by 2028, at a CAGR of 16.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., IDEMIA SAS (Advent International, Inc.), CPI Card Group (Parallel49 Equity), Giesecke & Devrient GmbH, Watchdata Co., Ltd., Eastcompeace Technology Co., Ltd. (Potevio Group), Paragon Group Limited, Valid S.A., and Wuhan Tianyu Information Industry Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
By End Use
- Retail
- Transportation
- Healthcare
- Hospitality
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Thales Group S.A.
- IDEMIA SAS (Advent International, Inc.)
- CPI Card Group (Parallel49 Equity)
- Giesecke & Devrient GmbH
- Watchdata Co., Ltd.
- Eastcompeace Technology Co., Ltd. (Potevio Group)
- Paragon Group Limited
- Valid S.A.
- Wuhan Tianyu Information Industry Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Dual Interface Payment Card Market, by Type
1.4.2 North America Dual Interface Payment Card Market, by End Use
1.4.3 North America Dual Interface Payment Card 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 and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Dual Interface Payment Card Market by Type
3.1 North America Plastic Market by Country
3.2 North America Metal Market by Country
Chapter 4. North America Dual Interface Payment Card Market by End-use
4.1 North America Retail Market by Country
4.2 North America Transportation Market by Country
4.3 North America Healthcare Market by Country
4.4 North America Hospitality Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Dual Interface Payment Card Market by Country
5.1 US Dual Interface Payment Card Market
5.1.1 US Dual Interface Payment Card Market by Type
5.1.2 US Dual Interface Payment Card Market by End-use
5.2 Canada Dual Interface Payment Card Market
5.2.1 Canada Dual Interface Payment Card Market by Type
5.2.2 Canada Dual Interface Payment Card Market by End-use
5.3 Mexico Dual Interface Payment Card Market
5.3.1 Mexico Dual Interface Payment Card Market by Type
5.3.2 Mexico Dual Interface Payment Card Market by End-use
5.4 Rest of North America Dual Interface Payment Card Market
5.4.1 Rest of North America Dual Interface Payment Card Market by Type
5.4.2 Rest of North America Dual Interface Payment Card Market by End-use
Chapter 6. Company Profiles
6.1 Thales Group S.A.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research and Development Expense
6.2 IDEMIA SAS (Advent International, Inc.)
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Product Launches and Product Expansions:
6.2.2.2 Acquisition and Mergers:
6.2.2.3 Geographical Expansions:
6.3 CPI Card Group (Parallel49 Equity)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental Analysis
6.3.4 Recent strategies and developments:
6.3.4.1 Product Launches and Product Expansions:
6.4 Giesecke & Devrient GmbH
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental Analysis
6.4.4 Research & Development Expense
6.5 Watchdata Co., Ltd.
6.5.1 Company Overview
6.6 Eastcompeace Technology Co., Ltd. (Potevio Group)
6.6.1 Company Overview
6.7 Paragon Group Limited
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental Analysis
6.8 Valid S.A.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segment & Regional Analysis
6.9 Wuhan Tianyu Information Industry Co., Ltd.
6.9.1 Company Overview
TABLE 1 North America Dual Interface Payment Card Market, 2018 - 2021, USD Million
TABLE 2 North America Dual Interface Payment Card Market, 2022 - 2028, USD Million
TABLE 3 North America Dual Interface Payment Card Market by Type, 2018 - 2021, USD Million
TABLE 4 North America Dual Interface Payment Card Market by Type, 2022 - 2028, USD Million
TABLE 5 North America Plastic Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Plastic Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Metal Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Metal Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Dual Interface Payment Card Market by End-use, 2018 - 2021, USD Million
TABLE 10 North America Dual Interface Payment Card Market by End-use, 2022 - 2028, USD Million
TABLE 11 North America Retail Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Retail Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Transportation Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Transportation Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Hospitality Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Hospitality Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Dual Interface Payment Card Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Dual Interface Payment Card Market by Country, 2022 - 2028, USD Million
TABLE 23 US Dual Interface Payment Card Market, 2018 - 2021, USD Million
TABLE 24 US Dual Interface Payment Card Market, 2022 - 2028, USD Million
TABLE 25 US Dual Interface Payment Card Market by Type, 2018 - 2021, USD Million
TABLE 26 US Dual Interface Payment Card Market by Type, 2022 - 2028, USD Million
TABLE 27 US Dual Interface Payment Card Market by End-use, 2018 - 2021, USD Million
TABLE 28 US Dual Interface Payment Card Market by End-use, 2022 - 2028, USD Million
TABLE 29 Canada Dual Interface Payment Card Market, 2018 - 2021, USD Million
TABLE 30 Canada Dual Interface Payment Card Market, 2022 - 2028, USD Million
TABLE 31 Canada Dual Interface Payment Card Market by Type, 2018 - 2021, USD Million
TABLE 32 Canada Dual Interface Payment Card Market by Type, 2022 - 2028, USD Million
TABLE 33 Canada Dual Interface Payment Card Market by End-use, 2018 - 2021, USD Million
TABLE 34 Canada Dual Interface Payment Card Market by End-use, 2022 - 2028, USD Million
TABLE 35 Mexico Dual Interface Payment Card Market, 2018 - 2021, USD Million
TABLE 36 Mexico Dual Interface Payment Card Market, 2022 - 2028, USD Million
TABLE 37 Mexico Dual Interface Payment Card Market by Type, 2018 - 2021, USD Million
TABLE 38 Mexico Dual Interface Payment Card Market by Type, 2022 - 2028, USD Million
TABLE 39 Mexico Dual Interface Payment Card Market by End-use, 2018 - 2021, USD Million
TABLE 40 Mexico Dual Interface Payment Card Market by End-use, 2022 - 2028, USD Million
TABLE 41 Rest of North America Dual Interface Payment Card Market, 2018 - 2021, USD Million
TABLE 42 Rest of North America Dual Interface Payment Card Market, 2022 - 2028, USD Million
TABLE 43 Rest of North America Dual Interface Payment Card Market by Type, 2018 - 2021, USD Million
TABLE 44 Rest of North America Dual Interface Payment Card Market by Type, 2022 - 2028, USD Million
TABLE 45 Rest of North America Dual Interface Payment Card Market by End-use, 2018 - 2021, USD Million
TABLE 46 Rest of North America Dual Interface Payment Card Market by End-use, 2022 - 2028, USD Million
TABLE 47 key information – Thales Group S.A.
TABLE 48 Key Information – IDEMIA SAS
TABLE 49 Key Information – CPI Card Group
TABLE 50 Key Information – Giesecke & Devrient GmbH
TABLE 51 key Information – Watchdata Co., Ltd.
TABLE 52 Key Information – Eastcompeace Technology Co., Ltd.
TABLE 53 Key information – Paragon Group Limited
TABLE 54 Key information – Valid S.A.
TABLE 55 Key information – Wuhan Tianyu Information Industry Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: IDEMIA SAS