Contactless Payment Market to be Worth $164.15 Billion by 2030: Grand View Research, Inc.
Growing adoption of new payment technologies, such as Host-based Card Emulation (HCE) and Near Field Communication (NFC) for the contactless payments, is anticipated to drive the market growth.
- Growing adoption of new payment technologies, such as Host-based Card Emulation (HCE) and Near Field Communication (NFC) for the contactless payments, is anticipated to drive the market growth.
- Furthermore, a significant increase in digitalization and e-commerce platforms across the globe is boosting the growth of the contactless payment market.
- The COVID-19 outbreak played a vital role in driving the growth of the contactless payment market during the forecast period.
- Grand View Research has segmented the global contactless payment market based on the type, application, and region