GLOBAL CONTACTLESS PAYMENT Market Size, Share, Trends, Growth Opportunities and Competitive Outlook
Europe will dominate the contactless payment market due to the high penetration of smartphones and advancements in smart chip technology along with increasing adoption of near field communication (NFC) technology while Asia-Pacific region will expect to grow in the forecast period of 2021-2028 due to the increasing adoption of mobile and contactless payment services along with increasing prevalence of various market players in the region.The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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