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Global Proximity Mobile Payment Market Research Report 2024
Synopsis
Mobile payment generally refers to payment services operated under financial regulation and performed from or via a mobile device. This report studies the Proximity Mobile Payment.
The global Proximity Mobile Payment market was valued at US$ 13650 million in 2023 and is anticipated to reach US$ 37390 million by 2030, witnessing a CAGR of 17.6% during the forecast period 2024-2030.
Real-time transaction processing, flexibility of payment devices, reduced transaction time, and increased convenience are some of the major benefits offered by the proximity payments market, driving the market growth. Moreover, mass adoption of proximity payments by merchants, rising smartphone usage, and surge in faster connections enabling retailers and customers to make proximity payments via smartphones are driving the growth of the market. However, rising data breaches and difficulties in point-of-sale (POS) terminal replacement process hamper the market growth. On the contrary, developing economies present significant opportunities for proximity payment companies to expand their product range owing to factors such as growing middle class, rapid urbanization, rising literacy levels, and rising tech-savvy youth generation. Furthermore, the development and growth of initiatives to digitize payments is expected to provide potential growth opportunities for the market.
This report aims to provide a comprehensive presentation of the global market for Proximity Mobile Payment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Proximity Mobile Payment.
Report Scope
The Proximity Mobile Payment market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Proximity Mobile Payment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Proximity Mobile Payment companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Samsung Electronics
Visa
Apple
Alphabet
Square
ACI
PayPal
Starbucks
Mastercard
CVS
Segment by Type
Near Field Communication
Barcodes
Segment by Application
Department Store
Supermarket
Convenience Store
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Proximity Mobile Payment companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Mobile payment generally refers to payment services operated under financial regulation and performed from or via a mobile device. This report studies the Proximity Mobile Payment.
The global Proximity Mobile Payment market was valued at US$ 13650 million in 2023 and is anticipated to reach US$ 37390 million by 2030, witnessing a CAGR of 17.6% during the forecast period 2024-2030.
Real-time transaction processing, flexibility of payment devices, reduced transaction time, and increased convenience are some of the major benefits offered by the proximity payments market, driving the market growth. Moreover, mass adoption of proximity payments by merchants, rising smartphone usage, and surge in faster connections enabling retailers and customers to make proximity payments via smartphones are driving the growth of the market. However, rising data breaches and difficulties in point-of-sale (POS) terminal replacement process hamper the market growth. On the contrary, developing economies present significant opportunities for proximity payment companies to expand their product range owing to factors such as growing middle class, rapid urbanization, rising literacy levels, and rising tech-savvy youth generation. Furthermore, the development and growth of initiatives to digitize payments is expected to provide potential growth opportunities for the market.
This report aims to provide a comprehensive presentation of the global market for Proximity Mobile Payment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Proximity Mobile Payment.
Report Scope
The Proximity Mobile Payment market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Proximity Mobile Payment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Proximity Mobile Payment companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Samsung Electronics
Visa
Apple
Alphabet
Square
ACI
PayPal
Starbucks
Mastercard
CVS
Segment by Type
Near Field Communication
Barcodes
Segment by Application
Department Store
Supermarket
Convenience Store
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Proximity Mobile Payment companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Proximity Mobile Payment Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Near Field Communication
1.2.3 Barcodes
1.3 Market by Application
1.3.1 Global Proximity Mobile Payment Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Department Store
1.3.3 Supermarket
1.3.4 Convenience Store
1.3.5 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Proximity Mobile Payment Market Perspective (2019-2030)
2.2 Proximity Mobile Payment Growth Trends by Region
2.2.1 Global Proximity Mobile Payment Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Proximity Mobile Payment Historic Market Size by Region (2019-2024)
2.2.3 Proximity Mobile Payment Forecasted Market Size by Region (2025-2030)
2.3 Proximity Mobile Payment Market Dynamics
2.3.1 Proximity Mobile Payment Industry Trends
2.3.2 Proximity Mobile Payment Market Drivers
2.3.3 Proximity Mobile Payment Market Challenges
2.3.4 Proximity Mobile Payment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Proximity Mobile Payment Players by Revenue
3.1.1 Global Top Proximity Mobile Payment Players by Revenue (2019-2024)
3.1.2 Global Proximity Mobile Payment Revenue Market Share by Players (2019-2024)
3.2 Global Proximity Mobile Payment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Proximity Mobile Payment Revenue
3.4 Global Proximity Mobile Payment Market Concentration Ratio
3.4.1 Global Proximity Mobile Payment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Proximity Mobile Payment Revenue in 2023
3.5 Proximity Mobile Payment Key Players Head office and Area Served
3.6 Key Players Proximity Mobile Payment Product Solution and Service
3.7 Date of Enter into Proximity Mobile Payment Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Proximity Mobile Payment Breakdown Data by Type
4.1 Global Proximity Mobile Payment Historic Market Size by Type (2019-2024)
4.2 Global Proximity Mobile Payment Forecasted Market Size by Type (2025-2030)
5 Proximity Mobile Payment Breakdown Data by Application
5.1 Global Proximity Mobile Payment Historic Market Size by Application (2019-2024)
5.2 Global Proximity Mobile Payment Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Proximity Mobile Payment Market Size (2019-2030)
6.2 North America Proximity Mobile Payment Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Proximity Mobile Payment Market Size by Country (2019-2024)
6.4 North America Proximity Mobile Payment Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Proximity Mobile Payment Market Size (2019-2030)
7.2 Europe Proximity Mobile Payment Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Proximity Mobile Payment Market Size by Country (2019-2024)
7.4 Europe Proximity Mobile Payment Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Proximity Mobile Payment Market Size (2019-2030)
8.2 Asia-Pacific Proximity Mobile Payment Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Proximity Mobile Payment Market Size by Region (2019-2024)
8.4 Asia-Pacific Proximity Mobile Payment Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Proximity Mobile Payment Market Size (2019-2030)
9.2 Latin America Proximity Mobile Payment Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Proximity Mobile Payment Market Size by Country (2019-2024)
9.4 Latin America Proximity Mobile Payment Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Proximity Mobile Payment Market Size (2019-2030)
10.2 Middle East & Africa Proximity Mobile Payment Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Proximity Mobile Payment Market Size by Country (2019-2024)
10.4 Middle East & Africa Proximity Mobile Payment Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Samsung Electronics
11.1.1 Samsung Electronics Company Detail
11.1.2 Samsung Electronics Business Overview
11.1.3 Samsung Electronics Proximity Mobile Payment Introduction
11.1.4 Samsung Electronics Revenue in Proximity Mobile Payment Business (2019-2024)
11.1.5 Samsung Electronics Recent Development
11.2 Visa
11.2.1 Visa Company Detail
11.2.2 Visa Business Overview
11.2.3 Visa Proximity Mobile Payment Introduction
11.2.4 Visa Revenue in Proximity Mobile Payment Business (2019-2024)
11.2.5 Visa Recent Development
11.3 Apple
11.3.1 Apple Company Detail
11.3.2 Apple Business Overview
11.3.3 Apple Proximity Mobile Payment Introduction
11.3.4 Apple Revenue in Proximity Mobile Payment Business (2019-2024)
11.3.5 Apple Recent Development
11.4 Alphabet
11.4.1 Alphabet Company Detail
11.4.2 Alphabet Business Overview
11.4.3 Alphabet Proximity Mobile Payment Introduction
11.4.4 Alphabet Revenue in Proximity Mobile Payment Business (2019-2024)
11.4.5 Alphabet Recent Development
11.5 Square
11.5.1 Square Company Detail
11.5.2 Square Business Overview
11.5.3 Square Proximity Mobile Payment Introduction
11.5.4 Square Revenue in Proximity Mobile Payment Business (2019-2024)
11.5.5 Square Recent Development
11.6 ACI
11.6.1 ACI Company Detail
11.6.2 ACI Business Overview
11.6.3 ACI Proximity Mobile Payment Introduction
11.6.4 ACI Revenue in Proximity Mobile Payment Business (2019-2024)
11.6.5 ACI Recent Development
11.7 PayPal
11.7.1 PayPal Company Detail
11.7.2 PayPal Business Overview
11.7.3 PayPal Proximity Mobile Payment Introduction
11.7.4 PayPal Revenue in Proximity Mobile Payment Business (2019-2024)
11.7.5 PayPal Recent Development
11.8 Starbucks
11.8.1 Starbucks Company Detail
11.8.2 Starbucks Business Overview
11.8.3 Starbucks Proximity Mobile Payment Introduction
11.8.4 Starbucks Revenue in Proximity Mobile Payment Business (2019-2024)
11.8.5 Starbucks Recent Development
11.9 Mastercard
11.9.1 Mastercard Company Detail
11.9.2 Mastercard Business Overview
11.9.3 Mastercard Proximity Mobile Payment Introduction
11.9.4 Mastercard Revenue in Proximity Mobile Payment Business (2019-2024)
11.9.5 Mastercard Recent Development
11.10 CVS
11.10.1 CVS Company Detail
11.10.2 CVS Business Overview
11.10.3 CVS Proximity Mobile Payment Introduction
11.10.4 CVS Revenue in Proximity Mobile Payment Business (2019-2024)
11.10.5 CVS Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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