Next-gen payment technology market transaction value worldwide 2015-2022

The statistic shows a forecast of the next-generation payment technology market worldwide, from 2015 to 2022. In 2017, the transaction value of the next-generation payment technology market was estimated to reach 3.1 trillion U.S. dollars worldwide. The next-generation payment technology market includes EMV chip, QR code, and NFC/contactless payment systems. The NFC segment is currently growing at the highest rate due to its adoption in mobile handsets and wearables; however, EMV (named after its developers, Europay, MasterCard and Visa) chips are expected to dominate the market by 2022.

Annual transaction value of the next-generation payment technology market worldwide from 2015 to 2022

Transaction value in billion U.S. dollars
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Source

In cooperation with
BIS Research
Release date

November 2017

Region

Worldwide

Survey time period

2017

Supplementary notes

* Forecast
Between 2015 and 2022, the next-gen payment technology market is expected to grow at a constant annual growth rate of 35.98 percent.

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