What is the current valuation of the US contactless payment market?

The market valuation was $12.5 Billion in 2024. Read More

What is the projected market size for the US contactless payment market by 2035?

The market is expected to reach $62.5 Billion by 2035. Read More

What is the expected CAGR for the US contactless payment market during the forecast period 2025 - 2035?

The expected CAGR is 15.76% during the forecast period. Read More

Which technology segments are driving the US contactless payment market?

Key technology segments include NFC, RFID, QR Code, HCE, and Magnetic Secure Transmission. Read More

What are the projected valuations for NFC technology in the US contactless payment market?

NFC technology is projected to grow from $3.5 Billion to $17.5 Billion. Read More

How do mobile wallets compare to contactless cards in terms of market valuation?

Mobile wallets are projected to grow from $2.5 Billion to $12.5 Billion, while contactless cards are expected to rise from $4.0 Billion to $20.0 Billion. Read More

What is the expected growth for in-store transactions in the US contactless payment market?

In-store transactions are projected to increase from $5.0 Billion to $25.0 Billion. Read More

Which companies are considered key players in the US contactless payment market?

Key players include Visa Inc, Mastercard Inc, American Express Co, PayPal Holdings Inc, Samsung Electronics Co Ltd, and Apple Inc. Read More

What is the projected growth for peer-to-peer transactions in the US contactless payment market?

Peer-to-peer transactions are expected to grow from $2.0 Billion to $10.0 Billion. Read More

US Contactless Payment Market

Q: What are the primary use cases for contactless payments in the US market?

Primary use cases include retail, transportation, healthcare, hospitality, and e-commerce. Read More

ID: MRFR/ICT/13454-HCR

100 Pages

Apoorva Priyadarshi

Last Updated: April 06, 2026

US Contactless Payment Market Size, Share and Research Report: By Technology (NFC, RFID, QR Code, HCE, Magnetic Secure Transmission), By Payment Mode (Mobile Wallets, Contactless Cards, Wearables, Smartphones, IoT Devices), By End Use (Retail, Transportation, Healthcare, Hospitality, E-commerce) and By Transaction Type (In-Store Transactions, Remote Transactions, Peer-to-Peer Transactions, Bill Payments) - Industry Forecast to 2035

US Contactless Payment Market Infographic

Summary Table of Contents Segmentation Download PDF

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1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
1. 1.1 EXECUTIVE SUMMARY
  1. 1.1.1 Market Overview
  2. 1.1.2 Key Findings
  3. 1.1.3 Market Segmentation
  4. 1.1.4 Competitive Landscape
  5. 1.1.5 Challenges and Opportunities
  6. 1.1.6 Future Outlook
2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
1. 2.1 MARKET INTRODUCTION
  1. 2.1.1 Definition
  2. 2.1.2 Scope of the study
    1. 2.1.2.1 Research Objective
    2. 2.1.2.2 Assumption
    3. 2.1.2.3 Limitations
2. 2.2 RESEARCH METHODOLOGY
  1. 2.2.1 Overview
  2. 2.2.2 Data Mining
  3. 2.2.3 Secondary Research
  4. 2.2.4 Primary Research
    1. 2.2.4.1 Primary Interviews and Information Gathering Process
    2. 2.2.4.2 Breakdown of Primary Respondents
  5. 2.2.5 Forecasting Model
  6. 2.2.6 Market Size Estimation
    1. 2.2.6.1 Bottom-Up Approach
    2. 2.2.6.2 Top-Down Approach
  7. 2.2.7 Data Triangulation
  8. 2.2.8 Validation
3 SECTION III: QUALITATIVE ANALYSIS
1. 3.1 MARKET DYNAMICS
  1. 3.1.1 Overview
  2. 3.1.2 Drivers
  3. 3.1.3 Restraints
  4. 3.1.4 Opportunities
2. 3.2 MARKET FACTOR ANALYSIS
  1. 3.2.1 Value chain Analysis
  2. 3.2.2 Porter's Five Forces Analysis
    1. 3.2.2.1 Bargaining Power of Suppliers
    2. 3.2.2.2 Bargaining Power of Buyers
    3. 3.2.2.3 Threat of New Entrants
    4. 3.2.2.4 Threat of Substitutes
    5. 3.2.2.5 Intensity of Rivalry
  3. 3.2.3 COVID-19 Impact Analysis
    1. 3.2.3.1 Market Impact Analysis
    2. 3.2.3.2 Regional Impact
    3. 3.2.3.3 Opportunity and Threat Analysis
4 SECTION IV: QUANTITATIVE ANALYSIS
1. 4.1 Information and Communications Technology, BY Technology (USD Billion)
  1. 4.1.1 NFC
  2. 4.1.2 RFID
  3. 4.1.3 QR Code
  4. 4.1.4 HCE
  5. 4.1.5 Magnetic Secure Transmission
2. 4.2 Information and Communications Technology, BY Payment Mode (USD Billion)
  1. 4.2.1 Mobile Wallets
  2. 4.2.2 Contactless Cards
  3. 4.2.3 Wearables
  4. 4.2.4 Smartphones
  5. 4.2.5 IoT Devices
3. 4.3 Information and Communications Technology, BY Use (USD Billion)
  1. 4.3.1 Retail
  2. 4.3.2 Transportation
  3. 4.3.3 Healthcare
  4. 4.3.4 Hospitality
  5. 4.3.5 E-commerce
4. 4.4 Information and Communications Technology, BY Transaction Type (USD Billion)
  1. 4.4.1 In-Store Transactions
  2. 4.4.2 Remote Transactions
  3. 4.4.3 Peer-to-Peer Transactions
  4. 4.4.4 Bill Payments
5 SECTION V: COMPETITIVE ANALYSIS
1. 5.1 Competitive Landscape
  1. 5.1.1 Overview
  2. 5.1.2 Competitive Analysis
  3. 5.1.3 Market share Analysis
  4. 5.1.4 Major Growth Strategy in the Information and Communications Technology
  5. 5.1.5 Competitive Benchmarking
  6. 5.1.6 Leading Players in Terms of Number of Developments in the Information and Communications Technology
  7. 5.1.7 Key developments and growth strategies
    1. 5.1.7.1 New Product Launch/Service Deployment
    2. 5.1.7.2 Merger & Acquisitions
    3. 5.1.7.3 Joint Ventures
  8. 5.1.8 Major Players Financial Matrix
    1. 5.1.8.1 Sales and Operating Income
    2. 5.1.8.2 Major Players R&D Expenditure. 2023
2. 5.2 Company Profiles
  1. 5.2.1 Visa Inc (US)
    1. 5.2.1.1 Financial Overview
    2. 5.2.1.2 Products Offered
    3. 5.2.1.3 Key Developments
    4. 5.2.1.4 SWOT Analysis
    5. 5.2.1.5 Key Strategies
  2. 5.2.2 Mastercard Inc (US)
    1. 5.2.2.1 Financial Overview
    2. 5.2.2.2 Products Offered
    3. 5.2.2.3 Key Developments
    4. 5.2.2.4 SWOT Analysis
    5. 5.2.2.5 Key Strategies
  3. 5.2.3 American Express Co (US)
    1. 5.2.3.1 Financial Overview
    2. 5.2.3.2 Products Offered
    3. 5.2.3.3 Key Developments
    4. 5.2.3.4 SWOT Analysis
    5. 5.2.3.5 Key Strategies
  4. 5.2.4 PayPal Holdings Inc (US)
    1. 5.2.4.1 Financial Overview
    2. 5.2.4.2 Products Offered
    3. 5.2.4.3 Key Developments
    4. 5.2.4.4 SWOT Analysis
    5. 5.2.4.5 Key Strategies
  5. 5.2.5 Samsung Electronics Co Ltd (KR)
    1. 5.2.5.1 Financial Overview
    2. 5.2.5.2 Products Offered
    3. 5.2.5.3 Key Developments
    4. 5.2.5.4 SWOT Analysis
    5. 5.2.5.5 Key Strategies
  6. 5.2.6 Apple Inc (US)
    1. 5.2.6.1 Financial Overview
    2. 5.2.6.2 Products Offered
    3. 5.2.6.3 Key Developments
    4. 5.2.6.4 SWOT Analysis
    5. 5.2.6.5 Key Strategies
  7. 5.2.7 NFC Forum (US)
    1. 5.2.7.1 Financial Overview
    2. 5.2.7.2 Products Offered
    3. 5.2.7.3 Key Developments
    4. 5.2.7.4 SWOT Analysis
    5. 5.2.7.5 Key Strategies
  8. 5.2.8 Wirecard AG (DE)
    1. 5.2.8.1 Financial Overview
    2. 5.2.8.2 Products Offered
    3. 5.2.8.3 Key Developments
    4. 5.2.8.4 SWOT Analysis
    5. 5.2.8.5 Key Strategies
  9. 5.2.9 Adyen NV (NL)
    1. 5.2.9.1 Financial Overview
    2. 5.2.9.2 Products Offered
    3. 5.2.9.3 Key Developments
    4. 5.2.9.4 SWOT Analysis
    5. 5.2.9.5 Key Strategies
3. 5.3 Appendix
  1. 5.3.1 References
  2. 5.3.2 Related Reports
6 LIST OF FIGURES
1. 6.1 MARKET SYNOPSIS
2. 6.2 US MARKET ANALYSIS BY TECHNOLOGY
3. 6.3 US MARKET ANALYSIS BY PAYMENT MODE
4. 6.4 US MARKET ANALYSIS BY USE
5. 6.5 US MARKET ANALYSIS BY TRANSACTION TYPE
6. 6.6 KEY BUYING CRITERIA OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
7. 6.7 RESEARCH PROCESS OF MRFR
8. 6.8 DRO ANALYSIS OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
9. 6.9 DRIVERS IMPACT ANALYSIS: INFORMATION AND COMMUNICATIONS TECHNOLOGY
10. 6.10 RESTRAINTS IMPACT ANALYSIS: INFORMATION AND COMMUNICATIONS TECHNOLOGY
11. 6.11 SUPPLY / VALUE CHAIN: INFORMATION AND COMMUNICATIONS TECHNOLOGY
12. 6.12 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY TECHNOLOGY, 2024 (% SHARE)
13. 6.13 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY TECHNOLOGY, 2024 TO 2035 (USD Billion)
14. 6.14 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY PAYMENT MODE, 2024 (% SHARE)
15. 6.15 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY PAYMENT MODE, 2024 TO 2035 (USD Billion)
16. 6.16 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY USE, 2024 (% SHARE)
17. 6.17 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY USE, 2024 TO 2035 (USD Billion)
18. 6.18 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY TRANSACTION TYPE, 2024 (% SHARE)
19. 6.19 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY TRANSACTION TYPE, 2024 TO 2035 (USD Billion)
20. 6.20 BENCHMARKING OF MAJOR COMPETITORS
7 LIST OF TABLES
1. 7.1 LIST OF ASSUMPTIONS
7.1.1
1. 7.2 US MARKET SIZE ESTIMATES; FORECAST
  1. 7.2.1 BY TECHNOLOGY, 2025-2035 (USD Billion)
  2. 7.2.2 BY PAYMENT MODE, 2025-2035 (USD Billion)
  3. 7.2.3 BY USE, 2025-2035 (USD Billion)
  4. 7.2.4 BY TRANSACTION TYPE, 2025-2035 (USD Billion)
2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
7.3.1
1. 7.4 ACQUISITION/PARTNERSHIP
7.4.1

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US Information and Communications Technology Market Segmentation

Information and Communications Technology By Technology (USD Billion, 2025-2035)

NFC
RFID
QR Code
HCE
Magnetic Secure Transmission

Information and Communications Technology By Payment Mode (USD Billion, 2025-2035)

Mobile Wallets
Contactless Cards
Wearables
Smartphones
IoT Devices

Information and Communications Technology By Use (USD Billion, 2025-2035)

Retail
Transportation
Healthcare
Hospitality
E-commerce

Information and Communications Technology By Transaction Type (USD Billion, 2025-2035)

In-Store Transactions
Remote Transactions
Peer-to-Peer Transactions
Bill Payments

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