Proximity Mobile Payment Market Size, Share & Trends Analysis Report By Type (NFC-based, Barcode-based), By Application (Retail, Hospitality & Tourism, BFSI, Media & Entertainment, IT & Telecommunication), By Region, And Segment Forecasts, 2023 – 2031

Market Overview and Insights

The Global Proximity Mobile Payment Market size is slated to grow substantially at a CAGR of XX% during forecast period.

The Proximity Mobile Payment market report provides an overview of this rapidly growing ICT Media industry including definitions, classifications, application areas, competitive landscape analysis. The study also covers current trends in this sector along with future developments predicted. There is a detailed discussion regarding important players operating in this segment with their product types and application highlighting key strategies employed to gain a foothold in this lucrative market. Finally, projections are offered for various segments over the next few years.

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Research Methodology

Our research methodology constitutes a mix of secondary & primary research which ideally starts from exhaustive data mining, conducting primary interviews (suppliers/distributors/end-users), and formulating insights, estimates, growth rates accordingly. Final primary validation is a mandate to confirm our research findings with Key Opinion Leaders (KoLs), Industry Experts, Proximity Mobile Payment includes major supplies & Independent Consultants among others.

The Global Proximity Mobile Payment Market Report provides a 360-degree view of the Proximity Mobile Payment market. The report includes an overview of the current state and trends, detailed analysis of key players in this market, and exhaustive SWOT analysis. The report provides market predictions for the next few years, as well as detailed insights into key regions and countries.

Market Segmentation

The report profiles leading companies operating in this market and offers a comprehensive analysis of their performance. Additionally, it provides insights into key factors that are influencing their growth prospects. The report also covers detailed information on the major types and application of Proximity Mobile Payment market.

Segmentation by Type

Based on type, the market is divided into type NFC-based, Barcode-based. Proximity Mobile Payment market's sub-segment is expected to hold the largest market share during the forecast period. Increased demand for high-quality industrial valves in the ICT Media and other industries. Also to mitigate the risk of contamination is driving the demand for Proximity Mobile Payment at present. The growing concern about the market and industry is expected to boost the Proximity Mobile Payment market size in ICT Media.

Segmentation by Application

Based on application, the market is divided into Retail, Hospitality & Tourism, BFSI, Media & Entertainment, IT & Telecommunication. Proximity Mobile Payment application valves are one of the most basic and indispensable components of today's modern technological society. Market segment is expected to hold the largest market share in forecast period.

Regional Analysis

The Global Proximity Mobile Payment Market Report provides a detailed analysis of the market dynamics in five key regions: North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The report includes a competitive landscape overview with profiles of major players in each region, key market trends and challenges, and detailed analysis of the growth prospects in these regions.

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COVID-19 Impact Analysis

The effect of Coronavirus COVID-19 is mentioned on this report. The illness has increased to almost each every country on the planet since the COVID-19 viral outbreak in December 2019, prompting the World Health Organization (WHO) to claim it a public health emergency. The worldwide effects of the coronavirus illness 2019 (COVID-19) are already beginning to be felt, and could considerably have an effect on the Proximity Mobile Payment Market in 2023.

Key Industry Players

1. Samsung Electronics
2. Visa
3. Apple
4. Alphabet
5. Square
6. ACI Worldwide
7. PayPal
8. Mastercard
9. CVS
10. Alipay
11. WeChat Pay
12. Mi Pay (Xiaomi)
13. Huawei Pay

Some of the other major highlights of the demand for Proximity Mobile Payment include analysis, purchasing volume, prices, pricing analysis, and regulatory framework. Coverage on manufacturing structure, distribution channels, and Porter’s Five Forces analysis are also incorporated in the scope to provide analysis on the demand and supply side. This is anticipated to create opportunities for the growth of the Proximity Mobile Payment market during the forecast period.

Table of Contents

• Study Coverage: It includes key manufacturers covered, key market segments, the scope of products offered in the global Proximity Mobile Payment market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and application.
• Executive Summary: It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Production by Region: Here, the report provides information related to import and export, production, revenue, and key players of all regional markets studied.
• Profile of Manufacturers: Each player profiled in this section is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors.

Report Scope

Key Highlights of the Report

• The global Proximity Mobile Payment market report provides detailed historical and future data.
• The global Proximity Mobile Payment market study report provides you various facts about the market, market summary, global market revenue (revenue USD), market drivers, market constraints, competitive analysis and regional and country level.
• The global market report offers guidance on possible market opportunities.
• The global Proximity Mobile Payment Market Study gives a look at key factors and competitive landscape in the industry.
• In-depth analysis of the Global and Regional Market.
• Significant market factors that really are increasing, restricting, challenging, and providing an opportunity.
• Key industry developments and Insights.
• Analysis on segmentation of types, applications and regions based on historical Data and market forecasts.
• By examining goals such as market scope and market size estimation, this Proximity Mobile Payment market report provides a market definition and overview.

Proximity Mobile Payment Market Segmentation

Based on Type

• NFC-based
• Barcode-based

Based on Application

• Retail
• Hospitality & Tourism
• BFSI
• Media & Entertainment
• IT & Telecommunication

Regions Covered

• North America
  1. U.S.
  2. Canada
• Europe
  1. U.K.
  2. Germany
  3. France
  4. Spain
  5. Italy
  6. Russia
  7. Nordic
  8. Benelux
  9. Rest of Europe
• APAC
  1. China
  2. Korea
  3. Japan
  4. India
  5. Australia
  6. Singapore
  7. Taiwan
  8. South East Asia
  9. Rest of Asia-Pacific
• Middle East and Africa
  1. UAE
  2. Turky
  3. Saudi Arabia
  4. South Africa
  5. Egypt
  6. Nigeria
  7. Rest of MEA
• LATAM
  1. Brazil
  2. Mexico
  3. Argentina
  4. Chile
  5. Colombia
  6. Rest of LATAM