Indian Contactless Payment Market Size, Share & Trends Analysis Report Forecast period (2019-2025)


Posted March 3, 2022 by Nim0196

The Indian contactless payment market is anticipated to grow at a CAGR 17.4% during the forecast period.

 
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India has promising opportunities in the fin-tech sector and the growth is substantially high due to increasing cyber threats in the country. India is considered a potential market for the fintech sector due to the availability of large untapped informal economy and the government is also pushing the investments in the fin-tech sector in order to boost the contactless payment transactions. According to CFA Institute, Paytm had raised $1,400 million and PhonePe funding amount to $500 million in 2017 in India for the development of fintech platforms. 29 startups out of 78 are currently working in fin-tech space in the country.
A full report of Indian Contactless Payment Market available @ https://www.omrglobal.com/industry-reports/indian-contactless-payment-market
• Market Coverage
• .Market number available for – 2019-2026
• .Base year- 2019
• .Forecast period- 2020-2026
• .Segment Covered- By Source, By Product Type, By Applications
• .Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Indian Contactless Payment Market by Device
o Smartphones
o Smart Cards
o Point of Sale Terminals
o Other
Indian Contactless Payment Market by End-User
o Retail
o BFSI
o Transportation
o Others
Company Profiles
o Gemalto NV
o Giesecke & Devrient GMBH
o Heartland Payment Systems
o IBM CORP.
o Infineon Technologies AG
o Valitor HF
o Verifone Systems, INC
o VISA, INC.
o Wirecard AG
The Report Covers
• Comprehensive research methodology of the Indian Contactless Payment market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Indian Contactless Payment market.
• Insights about market determinants which are stimulating the Indian Contactless Payment market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
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Contact Email [email protected]
Issued By Anurag Tiwari
Country India
Categories Security
Tags indian contactless payment
Last Updated March 3, 2022