Next-gen payment technology market size worldwide 2015-2016, with forecasts to 2022

Published by Statista Research Department, Apr 20, 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 in 2015 and 2016, with forecasts from 2017 to 2022 (in billion U.S. dollars)

© Statista 2023
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

In cooperation with
Release date

November 2017

Region

Worldwide

Survey time period

2017

Supplementary notes

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

Citation formats
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$229 USD $199 USD / Month *
in the first 12 months
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Other statistics that may interest you

The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Statistics on

About the industry

10

About the region

10

Other regions

9

Related statistics

10

Further Content: You might find this interesting as well

Topics

Fintech in FranceFintechFintech in EuropeFintech in the Netherlands
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Learn more about how Statista can support your business.
Menu