Houston, TX -- (SBWIRE) -- 01/25/2018 -- Stiff competition prevails in the global contactless payment transaction market. This is because there are a sizeable number of small and large service providers and entry into the market is quite easy. Of late, the entry of banks, card companies, telecom companies, and payment companies that are foraying into contactless payment services has further intensified competition in the market. In order to ensure sustainable returns, service providers are focused on crafting innovative marketing strategies for a higher rate of conversion. For example, Samsung developed magnetic secure transmission, which releases a magnetic signal that imitates the magnetic strip on traditional payment cards.

Some of the most prominent Key Vendors:
Apple Inc., Barclays, Gemalto N.V., Giesecke & Devrient GmbH, Heartland Payment Systems, Inc., Ingenico Group, Inside Secure

The research report comprises key growth drivers and barriers of the Global Contactless Payment Transaction market, including their impact on production and demand in the next few years. In addition, the study includes a detailed analysis of the potential opportunities in the Global Contactless Payment Transaction market. It further includes the market attractiveness analysis, in which the product segments are studied based on growth rate, market size, and general attractiveness. A Porter's five forces model analysis has also been provided in the report to determine the competitive scenario of the Global Contactless Payment Transaction market. In addition, a detailed value chain analysis has been included to present a comprehensive view of the market.

Get Sample Copy of this report:
https://www.researchnreports.com/request_sample.php?id=143611

In terms of mode of payment, the segments of the market are wearable devices, contactless card (RFID/NFC), and contactless mobile payment. The segment of contactless card (NFC/RFID) is estimated to contribute the leading revenue to the global contactless payment transaction market over the forecast period. The segment of wearable devices comprise transactions carried out over smart watch or smart band. The segment of wearable devices is anticipated to rise at a substantial rate in the upcoming years. Contactless mobile payment segment includes payments made via smartphones.

Furthermore, the major geographical segments of the Global Contactless Payment Transaction market have been evaluated in the research report. The market share, consumption, revenue, and size of each segment have been provided in the study. A list of all the prominent players operating in the Contactless Payment Transaction market across the globe has been presented along with detailed company profiles and major developments. The product portfolio, financial status, and business policies of these players are studied in the report in detail. Using SWOT analysis the report has studied the strengths and weaknesses of the profiled players.

To get more information, Ask for Sample PDF illustration with TOC, Tables, Figures and Charts @
https://www.researchnreports.com/enquiry_before_buying.php?id=143611

Table Of Content:

Chapter 1 Contactless Payment Transaction Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Early buyers will receive up to 40% Discount on this report
https://www.researchnreports.com/ask_for_discount.php?id=143611