The US contactless payment market is anticipated to grow at a CAGR 16.0% during the forecast period. The US has a huge potential for the growth of the contactless payment market. However, the use of contactless payments in the US is very low. The GDP of the US was estimated to be about $20.50 trillion […]
Category Archives: Technology
UK contactless payment market is anticipated to grow at a CAGR 15.0% during the forecast period. UK contactless payment market has held the major market share due to high adoption and awareness. Due to modernization trend, adoption is also growing in UK at a high rate. UK is leading the market with the value of $460 […]
North American contactless payment market is anticipated to grow at a CAGR 15.9% during the forecast period. The factor such as presence of technology giants such as Google, Amazon, and Apple among others, the development of contactless payment-based platform is positively growing. Thus, propels the growth of the North American contactless payment market during the forecast […]
The Indian contactless payment market is anticipated to grow at a CAGR 17.4% during the forecast period. India is transforming into a digital nation with the adoption of internet services in the sectors of automotive, healthcare and manufacturing. With the service sector being the major contributor to the country’s economy, software services are playing a […]
Germany IoT market is expected to witness a significant growth with the CAGR of approximately 21% during the forecast period. Germany’s well-established infrastructure and consumer base are driving demand for cloud services in the country. It is estimated that 26% of German companies do not currently use or plan to use cloud services in their […]
Germany contactless payment market is anticipated to grow at a CAGR 15.4% during the forecast period. Germany is one of the leading markets for ICT (Information and Communication Technologies) sector. Well-established ICT sector supports the number of opportunities for ICT market players to emerge in advanced technologies such as digital payment services. Major IT sector companies […]
European IoT market is expected to witness a significant growth with the CAGR of approximately 21.2% during the forecast period. The GDP of European Union was estimated to be $17.6 trillion in 2016. National, regional and local governments, as well as private companies are major buyers of cloud-based services in the region, and this is […]
European contactless payment market is anticipated to grow at a CAGR 14.7% during the forecast period. European countries are considered to befertile grounds for contactless payments. Countries are providing a positive environment for various contactless platforms such as Apple Pay, Barclays Contactless Mobile, and others. For instance, as per UK Finance, a total of 38% […]
China IoT market is expected to witness a significant growth with the CAGR of approximately 22.7% during the forecast period. China is estimated to be the leading IoT market in Asia Pacific region. The market size of the China’s IoT market is estimated to be $56.4billion in 2017. The IoT in the appearance of the “Internet […]
The China contactless payment market is anticipated to grow at a CAGR 16.6% during the forecast period. Chinese consumers are adopting contactless payment and e-commerce methods at a faster rate as compared to the rest of the world. Increasing adoption of online retail, financial and on-demand services and prefers the use of contactless payment method. China […]