ReportsnReports announced its latest research report on the contactless cards and payments market, including current and forecast analysis to 2017.
The research, entitled “Innovation in Payment Systems: The Emergence of Contactless Cards and Payments”, provides market analysis, information and insights into contactless card payments including previous and future market growth and an analysis of the industry’s market attractiveness and future growth areas.
During the review period, the number of contactless cards in the United States increased from 58.6 million in 2008 to 140.0 million in 2012 at a compound annual growth rate of 24.31%. The number of contactless cards in Canada registered a review-period compound annual growth rate of 63.87%, growing from 1.5 million cards in 2008 to 10.5 million in 2012.
Available now for purchase on ReportsnReports’s web site, this latest research offers a study of the contactless payments industry across the world, providing current values and forecast analysis of contactless payments market size for 2012 and 2017.
The report details the different infrastructural, consumer and business drivers affecting the contactless payments market globally and outlines the current regulatory framework in the industry. It details the marketing strategies used by various key players, including banks and card issuers across the world with case studies of contactless payments systems in various countries.