Africa Contactless Payments Market
The Africa Contactless Payments Market size was valued at US$ 781.72 Mn in 2023 and is projected to reach US$ 1536.57 Mn by 2031, growing at a CAGR of 8.8% during 2023 - 2031.
Report Coverage
- Component: Hardware, Software, Services
- Payment Mode: Smartphones, Smart Cards, POS Terminals
- Industry Verticals: Retail, Transportation and Logistics, Hospitality, Healthcare, Media and Entertainment
US$ 781.72 Mn
Market size in 2023
US$ 1536.57 Mn
Market Size by 2031
8.8%
CAGR, 2023 - 2031
2024-2031
Forecast Period
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Data Triangulation and Validation
4. Africa Contactless Payments Market Landscape
4.1 Overview
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain
5. Africa Contactless Payments Market – Key Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact of Drivers and Restraints
6. Africa Contactless Payments Market Country Analysis
6.2 Africa Contactless Payments Market Revenue 2021-2031 (US$ Million)
6.3 Africa Contactless Payments Market Forecast Analysis
7. Africa Contactless Payments Market Analysis – by Component
7.1 Hardware
- 7.1.1 Overview
- 7.1.2 Hardware: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Software
- 7.2.1 Overview
- 7.2.2 Software: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Services
- 7.3.1 Overview
- 7.3.2 Services: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
8. Africa Contactless Payments Market Analysis – by Payment Mode
8.1 Smartphones
- 8.1.1 Overview
- 8.1.2 Smartphones: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Smart Cards
- 8.2.1 Overview
- 8.2.2 Smart Cards: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.3 POS Terminals
- 8.3.1 Overview
- 8.3.2 POS Terminals: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
9. Africa Contactless Payments Market Analysis – by Industry Verticals
9.1 Retail
- 9.1.1 Overview
- 9.1.2 Retail: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Transportation and Logistics
- 9.2.1 Overview
- 9.2.2 Transportation and Logistics: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Hospitality
- 9.3.1 Overview
- 9.3.2 Hospitality: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Healthcare
- 9.4.1 Overview
- 9.4.2 Healthcare: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.5 Media and Entertainment
- 9.5.1 Overview
- 9.5.2 Media and Entertainment: Africa Contactless Payments Market – Revenue and Forecast, 2021-2031 (US$ Million)
10. Africa Contactless Payments Market – Africa(South Africa, Ethiopia, Egypt, Nigeria, and the Rest of Africa) Analysis
10.1 Africa(South Africa, Ethiopia, Egypt, Nigeria, and the Rest of Africa)
- 10.1.1 Africa(South Africa, Ethiopia, Egypt, Nigeria, and the Rest of Africa): Africa Contactless Payments Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.1 Africa(South Africa, Ethiopia, Egypt, Nigeria, and the Rest of Africa): Africa Contactless Payments Market Breakdown, by Component
- 10.1.1.2 Africa(South Africa, Ethiopia, Egypt, Nigeria, and the Rest of Africa): Africa Contactless Payments Market Breakdown, by Payment Mode
- 10.1.1.3 Africa(South Africa, Ethiopia, Egypt, Nigeria, and the Rest of Africa): Africa Contactless Payments Market Breakdown, by Industry Verticals
11. Competitive Landscape
11.1 Heat Map Analysis
11.2 Company Positioning and Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Partnerships and Collaborations
12.4 Other Developments
13. Company Profiles
13.1 Visa
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Mastercard
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 IBA Group
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Giesecke + Devrient GmbH
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 IDEMIA
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 CityCard Technology Ltd
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 EcoCash
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Ingenico
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Nedbank Ltd
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Sudo Africa, Inc.
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
14. Appendix
14.1 About Business Market Insights
14.2 List of Abbreviations
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