Proximity Mobile Payment Market size is expected to grow at 12.8% throughout the forecast period, reaching nearly US$ 41.32 Bn. by 2029. The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. Proximity mobile payments are defined as POS (Point-of-sale) transactions made by using a mobile device as a payment method. Contains tapping, scanning, swiping or checking in with a mobile device at the POS to complete the transaction; accepts purchases of digital goods on mobile devices, purchases made remotely on mobile devices that are delivered later on, and transactions made by tablets.To know about the Research Methodology :- Request Free Sample Report The MMR report focuses on proximity mobile payment volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall proximity mobile payment market size by analyzing historical data and future prospect. Proximity mobile payments, especially Near Field Communication (NFC), has been growing worldwide, though it still accounts for a small part of both in-store and mobile payments. In 2014, the transaction volume in the global proximity mobile payments market was valued at nearly US$4.6 billion and it is expected to exceed approximately US$ xx billion by 2029. This growth rate will be driven not only by NFC, which is being used by both the major OS developers Apple and Google - but also by the spread of contactless infrastructure globally. By product type, near field communication accounted for nearly xx.3% of the global proximity mobile payment market in 2022 and is likely to become even more important to the market by 2029 when it is expected to account for xx% of the global market. In near field communication, payment credentials can be stored in a secure element, which is located either in a SIM card or in a chip inserted in the device. On the other hand, barcodes are expected to remain a niche method and will account for only ~US$ xx.1 billion of the transactions by 2029. The future of P2B is uncertain, but it may become an interesting alternative. The scope of the report includes a detailed study of regional markets for global proximity mobile payments market with the reasons given for variations in the growth of the industry in certain regions. North America is expected to grow at the largest CAGR of xx% during the forecast period. The North American market is proposing opportunities for expansion and various market players are expected to benefit in the growing proximity mobile payment market. Improved internet, broadband, & smartphone penetration and growing customer demand for anywhere and anytime access to content and products coupled with enterprise need for agility are believed to intensify the growth of the North America market. In terms of proximity mobile payment user penetration, the U.S ranks sixth in the globe among major economies. The prevalence and ease of use for credit cards have inhibited the spread of mobile payments in the U.S. In 2022, nearly 13% of consumers in Germany, France, Spain and the UK tried proximity mobile payments at least once, though the proportion of regular users was considerably lower. In 2022, ~31% of consumers in the EU were interested in paying with a card through a mobile phone. Among the different things, smartphones are used for in retail 20% of users declared having used it for payments. In recent years, major players in the proximity mobile payment market have taken various strategic measures, for instance, facility expansions and partnerships. Apple Pay is the top proximity mobile payment provider in the U.S, accounting for roughly half of users. For P2P payments, Zelle has continued to build on its lead from 2022. Many consumers, however, use multiple services for both P2P payments and proximity mobile payments. The objective of the report is to present a comprehensive analysis of the Global Proximity Mobile Payment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Proximity Mobile Payment Market dynamics, structure by analyzing the market segments and projects the Global Proximity Mobile Payment Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Proximity Mobile Payment Market make the report investor’s guide.
Proximity Mobile Payment Market Scope: Inquire before buying
Global Proximity Mobile Payment Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 17.78 Bn. Forecast Period 2023 to 2029 CAGR: 12.8% Market Size in 2029: US $ 41.32 Bn. Segments Covered: by Product Barcodes Near Field Communication by End Users Hospitality and Tourism IT and Telecommunications Aviation Retail Media and Entertainment BFSI Healthcare Proximity Mobile Payment Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Proximity Mobile Payment Market Key Players
1. ACI Worldwide Inc. 2. Starbucks Corporation 3. Visa Inc. 4. FIS Global. 5. Apple Inc. 6. Samsung Electronics Co. Ltd. 7. Square Inc. 8. PayPal Holdings Inc. 9. Alphabet Inc. 10.Mastercard Incorporated 11.Vodafone Group Plc. 12.CVS Health Group 13.Alphabet, Inc. 14.Orange S.A. 15.Bharti Airtel Limited 16.MTN Group Limited 17.Safaricom Limited 18.Econet Wireless Zimbabwe Limited Frequently Asked Questions: 1. Which region has the largest share in Global Proximity Mobile Payment Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Proximity Mobile Payment Market? Ans: The Global Proximity Mobile Payment Market is growing at a CAGR of 12.8% during forecasting period 2023-2029. 3. What is scope of the Global Proximity Mobile Payment market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global Market are – ACI Worldwide Inc., Starbucks Corporation, Visa Inc., FIS Global., Apple Inc., Samsung Electronics Co. Ltd., Square Inc., PayPal Holdings Inc., Alphabet Inc., Mastercard Incorporated, Vodafone Group Plc., CVS Health Group, Alphabet, Inc., Orange S.A., Bharti Airtel Limited, MTN Group Limited, Safaricom Limited, and Econet Wireless Zimbabwe Limited 5. What is the study period of this market? Ans: The Global Market is studied from 2022 to 2029.
1. Proximity Mobile Payment Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Proximity Mobile Payment Market: Dynamics 2.1. Proximity Mobile Payment Market Trends by Region 2.1.1. North America Proximity Mobile Payment Market Trends 2.1.2. Europe Proximity Mobile Payment Market Trends 2.1.3. Asia Pacific Proximity Mobile Payment Market Trends 2.1.4. Middle East and Africa Proximity Mobile Payment Market Trends 2.1.5. South America Proximity Mobile Payment Market Trends 2.2. Proximity Mobile Payment Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Proximity Mobile Payment Market Drivers 2.2.1.2. North America Proximity Mobile Payment Market Restraints 2.2.1.3. North America Proximity Mobile Payment Market Opportunities 2.2.1.4. North America Proximity Mobile Payment Market Challenges 2.2.2. Europe 2.2.2.1. Europe Proximity Mobile Payment Market Drivers 2.2.2.2. Europe Proximity Mobile Payment Market Restraints 2.2.2.3. Europe Proximity Mobile Payment Market Opportunities 2.2.2.4. Europe Proximity Mobile Payment Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Proximity Mobile Payment Market Drivers 2.2.3.2. Asia Pacific Proximity Mobile Payment Market Restraints 2.2.3.3. Asia Pacific Proximity Mobile Payment Market Opportunities 2.2.3.4. Asia Pacific Proximity Mobile Payment Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Proximity Mobile Payment Market Drivers 2.2.4.2. Middle East and Africa Proximity Mobile Payment Market Restraints 2.2.4.3. Middle East and Africa Proximity Mobile Payment Market Opportunities 2.2.4.4. Middle East and Africa Proximity Mobile Payment Market Challenges 2.2.5. South America 2.2.5.1. South America Proximity Mobile Payment Market Drivers 2.2.5.2. South America Proximity Mobile Payment Market Restraints 2.2.5.3. South America Proximity Mobile Payment Market Opportunities 2.2.5.4. South America Proximity Mobile Payment Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Proximity Mobile Payment Industry 2.8. Analysis of Government Schemes and Initiatives For Proximity Mobile Payment Industry 2.9. Proximity Mobile Payment Market Trade Analysis 2.10. The Global Pandemic Impact on Proximity Mobile Payment Market 3. Proximity Mobile Payment Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 3.1.1. Barcodes 3.1.2. Near Field Communication 3.2. Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 3.2.1. Hospitality and Tourism 3.2.2. IT and Telecommunications 3.2.3. Aviation 3.2.4. Retail 3.2.5. Media and Entertainment 3.2.6. BFSI 3.2.7. Healthcare 3.3. Proximity Mobile Payment Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Proximity Mobile Payment Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 4.1.1. Barcodes 4.1.2. Near Field Communication 4.2. North America Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 4.2.1. Hospitality and Tourism 4.2.2. IT and Telecommunications 4.2.3. Aviation 4.2.4. Retail 4.2.5. Media and Entertainment 4.2.6. BFSI 4.2.7. Healthcare 4.3. North America Proximity Mobile Payment Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 4.3.1.1.1. Barcodes 4.3.1.1.2. Near Field Communication 4.3.1.2. United States Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 4.3.1.2.1. Hospitality and Tourism 4.3.1.2.2. IT and Telecommunications 4.3.1.2.3. Aviation 4.3.1.2.4. Retail 4.3.1.2.5. Media and Entertainment 4.3.1.2.6. BFSI 4.3.1.2.7. Healthcare 4.3.2. Canada 4.3.2.1. Canada Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 4.3.2.1.1. Barcodes 4.3.2.1.2. Near Field Communication 4.3.2.2. Canada Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 4.3.2.2.1. Hospitality and Tourism 4.3.2.2.2. IT and Telecommunications 4.3.2.2.3. Aviation 4.3.2.2.4. Retail 4.3.2.2.5. Media and Entertainment 4.3.2.2.6. BFSI 4.3.2.2.7. Healthcare 4.3.3. Mexico 4.3.3.1. Mexico Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 4.3.3.1.1. Barcodes 4.3.3.1.2. Near Field Communication 4.3.3.2. Mexico Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 4.3.3.2.1. Hospitality and Tourism 4.3.3.2.2. IT and Telecommunications 4.3.3.2.3. Aviation 4.3.3.2.4. Retail 4.3.3.2.5. Media and Entertainment 4.3.3.2.6. BFSI 4.3.3.2.7. Healthcare 5. Europe Proximity Mobile Payment Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.2. Europe Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 5.3. Europe Proximity Mobile Payment Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.3.1.2. United Kingdom Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 5.3.2. France 5.3.2.1. France Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.3.2.2. France Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.3.3.2. Germany Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.3.4.2. Italy Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.3.5.2. Spain Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.3.6.2. Sweden Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.3.7.2. Austria Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 5.3.8.2. Rest of Europe Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6. Asia Pacific Proximity Mobile Payment Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.2. Asia Pacific Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3. Asia Pacific Proximity Mobile Payment Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.1.2. China Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.2.2. S Korea Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.3.2. Japan Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.4. India 6.3.4.1. India Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.4.2. India Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.5.2. Australia Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.6.2. Indonesia Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.7.2. Malaysia Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.8.2. Vietnam Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.9.2. Taiwan Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 6.3.10.2. Rest of Asia Pacific Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 7. Middle East and Africa Proximity Mobile Payment Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 7.2. Middle East and Africa Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 7.3. Middle East and Africa Proximity Mobile Payment Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 7.3.1.2. South Africa Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 7.3.2.2. GCC Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 7.3.3.2. Nigeria Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 7.3.4.2. Rest of ME&A Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 8. South America Proximity Mobile Payment Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 8.2. South America Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 8.3. South America Proximity Mobile Payment Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 8.3.1.2. Brazil Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 8.3.2.2. Argentina Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Proximity Mobile Payment Market Size and Forecast, by Product (2022-2029) 8.3.3.2. Rest Of South America Proximity Mobile Payment Market Size and Forecast, by End Users (2022-2029) 9. Global Proximity Mobile Payment Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Proximity Mobile Payment Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. ACI Worldwide Inc. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Starbucks Corporation 10.3. Visa Inc. 10.4. FIS Global. 10.5. Apple Inc. 10.6. Samsung Electronics Co. Ltd. 10.7. Square Inc. 10.8. PayPal Holdings Inc. 10.9. Alphabet Inc. 10.10. Mastercard Incorporated 10.11. Vodafone Group Plc. 10.12. CVS Health Group 10.13. Alphabet, Inc. 10.14. Orange S.A. 10.15. Bharti Airtel Limited 10.16. MTN Group Limited 10.17. Safaricom Limited 10.18. Econet Wireless Zimbabwe Limited 11. Key Findings 12. Industry Recommendations 13. Proximity Mobile Payment Market: Research Methodology 14. Terms and Glossary