The global Proximity Mobile Payment market size was valued at US$ 156.78 billion in 2024 and is projected to reach US$ 456.89 billion by 2030, at a CAGR of 19.5% during the forecast period 2024-2030.
The United States Proximity Mobile Payment market size was valued at US$ 45.67 billion in 2024 and is projected to reach US$ 128.45 billion by 2030, at a CAGR of 18.8% during the forecast period 2024-2030.
Proximity Mobile Payment enables contactless transactions using smartphones and other mobile devices through NFC technology.
The global market is experiencing rapid growth, driven by digital payment adoption and contactless technology preferences. In 2023, transaction volume reached 250 billion globally, with retail payments accounting for 60% of usage. The market saw a 50% increase in biometric authentication adoption in 2023. NFC payments dominate with a 75% market share, while QR code payments are growing at 25% annually. Asia Pacific leads with a 50% market share and is the fastest-growing region at 21.5% CAGR. The industry is focusing on developing advanced security features, with a 60% growth in R&D investments for fraud prevention.
Report Overview
Mobile payment generally refers to payment services operated under financial regulation and performed from or via a mobile device. This report studies the Proximity Mobile Payment.
This report provides a deep insight into the global Proximity Mobile Payment market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Proximity Mobile Payment Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Proximity Mobile Payment market in any manner.
Global Proximity Mobile Payment Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Samsung Electronics
Visa
Apple
Alphabet
Square
ACI
PayPal
Starbucks
Mastercard
CVS
Market Segmentation (by Type)
Near Field Communication
Barcodes
Market Segmentation (by Application)
Department Store
Supermarket
Convenience Store
Other
Geographic Segmentation
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Proximity Mobile Payment
1.2 Key Market Segments
1.2.1 Proximity Mobile Payment Segment by Type
1.2.2 Proximity Mobile Payment Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Proximity Mobile Payment Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Proximity Mobile Payment Market Competitive Landscape
3.1 Global Proximity Mobile Payment Revenue Market Share by Company (2019-2024)
3.2 Proximity Mobile Payment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Proximity Mobile Payment Market Size Sites, Area Served, Product Type
3.4 Proximity Mobile Payment Market Competitive Situation and Trends
3.4.1 Proximity Mobile Payment Market Concentration Rate
3.4.2 Global 5 and 10 Largest Proximity Mobile Payment Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Proximity Mobile Payment Value Chain Analysis
4.1 Proximity Mobile Payment Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Proximity Mobile Payment Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Proximity Mobile Payment Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Proximity Mobile Payment Market Size Market Share by Type (2019-2024)
6.3 Global Proximity Mobile Payment Market Size Growth Rate by Type (2019-2024)
7 Proximity Mobile Payment Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Proximity Mobile Payment Market Size (M USD) by Application (2019-2024)
7.3 Global Proximity Mobile Payment Market Size Growth Rate by Application (2019-2024)
8 Proximity Mobile Payment Market Segmentation by Region
8.1 Global Proximity Mobile Payment Market Size by Region
8.1.1 Global Proximity Mobile Payment Market Size by Region
8.1.2 Global Proximity Mobile Payment Market Size Market Share by Region
8.2 North America
8.2.1 North America Proximity Mobile Payment Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Proximity Mobile Payment Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Proximity Mobile Payment Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Proximity Mobile Payment Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Proximity Mobile Payment Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Samsung Electronics
9.1.1 Samsung Electronics Proximity Mobile Payment Basic Information
9.1.2 Samsung Electronics Proximity Mobile Payment Product Overview
9.1.3 Samsung Electronics Proximity Mobile Payment Product Market Performance
9.1.4 Samsung Electronics Proximity Mobile Payment SWOT Analysis
9.1.5 Samsung Electronics Business Overview
9.1.6 Samsung Electronics Recent Developments
9.2 Visa
9.2.1 Visa Proximity Mobile Payment Basic Information
9.2.2 Visa Proximity Mobile Payment Product Overview
9.2.3 Visa Proximity Mobile Payment Product Market Performance
9.2.4 Visa Proximity Mobile Payment SWOT Analysis
9.2.5 Visa Business Overview
9.2.6 Visa Recent Developments
9.3 Apple
9.3.1 Apple Proximity Mobile Payment Basic Information
9.3.2 Apple Proximity Mobile Payment Product Overview
9.3.3 Apple Proximity Mobile Payment Product Market Performance
9.3.4 Apple Proximity Mobile Payment SWOT Analysis
9.3.5 Apple Business Overview
9.3.6 Apple Recent Developments
9.4 Alphabet
9.4.1 Alphabet Proximity Mobile Payment Basic Information
9.4.2 Alphabet Proximity Mobile Payment Product Overview
9.4.3 Alphabet Proximity Mobile Payment Product Market Performance
9.4.4 Alphabet Business Overview
9.4.5 Alphabet Recent Developments
9.5 Square
9.5.1 Square Proximity Mobile Payment Basic Information
9.5.2 Square Proximity Mobile Payment Product Overview
9.5.3 Square Proximity Mobile Payment Product Market Performance
9.5.4 Square Business Overview
9.5.5 Square Recent Developments
9.6 ACI
9.6.1 ACI Proximity Mobile Payment Basic Information
9.6.2 ACI Proximity Mobile Payment Product Overview
9.6.3 ACI Proximity Mobile Payment Product Market Performance
9.6.4 ACI Business Overview
9.6.5 ACI Recent Developments
9.7 PayPal
9.7.1 PayPal Proximity Mobile Payment Basic Information
9.7.2 PayPal Proximity Mobile Payment Product Overview
9.7.3 PayPal Proximity Mobile Payment Product Market Performance
9.7.4 PayPal Business Overview
9.7.5 PayPal Recent Developments
9.8 Starbucks
9.8.1 Starbucks Proximity Mobile Payment Basic Information
9.8.2 Starbucks Proximity Mobile Payment Product Overview
9.8.3 Starbucks Proximity Mobile Payment Product Market Performance
9.8.4 Starbucks Business Overview
9.8.5 Starbucks Recent Developments
9.9 Mastercard
9.9.1 Mastercard Proximity Mobile Payment Basic Information
9.9.2 Mastercard Proximity Mobile Payment Product Overview
9.9.3 Mastercard Proximity Mobile Payment Product Market Performance
9.9.4 Mastercard Business Overview
9.9.5 Mastercard Recent Developments
9.10 CVS
9.10.1 CVS Proximity Mobile Payment Basic Information
9.10.2 CVS Proximity Mobile Payment Product Overview
9.10.3 CVS Proximity Mobile Payment Product Market Performance
9.10.4 CVS Business Overview
9.10.5 CVS Recent Developments
10 Proximity Mobile Payment Regional Market Forecast
10.1 Global Proximity Mobile Payment Market Size Forecast
10.2 Global Proximity Mobile Payment Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Proximity Mobile Payment Market Size Forecast by Country
10.2.3 Asia Pacific Proximity Mobile Payment Market Size Forecast by Region
10.2.4 South America Proximity Mobile Payment Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Proximity Mobile Payment by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Proximity Mobile Payment Market Forecast by Type (2025-2030)
11.2 Global Proximity Mobile Payment Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Proximity Mobile Payment Market Size Comparison by Region (M USD)
Table 5. Global Proximity Mobile Payment Revenue (M USD) by Company (2019-2024)
Table 6. Global Proximity Mobile Payment Revenue Share by Company (2019-2024)
Table 7. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Proximity Mobile Payment as of 2022)
Table 8. Company Proximity Mobile Payment Market Size Sites and Area Served
Table 9. Company Proximity Mobile Payment Product Type
Table 10. Global Proximity Mobile Payment Company Market Concentration Ratio (CR5 and HHI)
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. Value Chain Map of Proximity Mobile Payment
Table 13. Midstream Market Analysis
Table 14. Downstream Customer Analysis
Table 15. Key Development Trends
Table 16. Driving Factors
Table 17. Proximity Mobile Payment Market Challenges
Table 18. Global Proximity Mobile Payment Market Size by Type (M USD)
Table 19. Global Proximity Mobile Payment Market Size (M USD) by Type (2019-2024)
Table 20. Global Proximity Mobile Payment Market Size Share by Type (2019-2024)
Table 21. Global Proximity Mobile Payment Market Size Growth Rate by Type (2019-2024)
Table 22. Global Proximity Mobile Payment Market Size by Application
Table 23. Global Proximity Mobile Payment Market Size by Application (2019-2024) & (M USD)
Table 24. Global Proximity Mobile Payment Market Share by Application (2019-2024)
Table 25. Global Proximity Mobile Payment Market Size Growth Rate by Application (2019-2024)
Table 26. Global Proximity Mobile Payment Market Size by Region (2019-2024) & (M USD)
Table 27. Global Proximity Mobile Payment Market Size Market Share by Region (2019-2024)
Table 28. North America Proximity Mobile Payment Market Size by Country (2019-2024) & (M USD)
Table 29. Europe Proximity Mobile Payment Market Size by Country (2019-2024) & (M USD)
Table 30. Asia Pacific Proximity Mobile Payment Market Size by Region (2019-2024) & (M USD)
Table 31. South America Proximity Mobile Payment Market Size by Country (2019-2024) & (M USD)
Table 32. Middle East and Africa Proximity Mobile Payment Market Size by Region (2019-2024) & (M USD)
Table 33. Samsung Electronics Proximity Mobile Payment Basic Information
Table 34. Samsung Electronics Proximity Mobile Payment Product Overview
Table 35. Samsung Electronics Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 36. Samsung Electronics Proximity Mobile Payment SWOT Analysis
Table 37. Samsung Electronics Business Overview
Table 38. Samsung Electronics Recent Developments
Table 39. Visa Proximity Mobile Payment Basic Information
Table 40. Visa Proximity Mobile Payment Product Overview
Table 41. Visa Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 42. Visa Proximity Mobile Payment SWOT Analysis
Table 43. Visa Business Overview
Table 44. Visa Recent Developments
Table 45. Apple Proximity Mobile Payment Basic Information
Table 46. Apple Proximity Mobile Payment Product Overview
Table 47. Apple Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 48. Apple Proximity Mobile Payment SWOT Analysis
Table 49. Apple Business Overview
Table 50. Apple Recent Developments
Table 51. Alphabet Proximity Mobile Payment Basic Information
Table 52. Alphabet Proximity Mobile Payment Product Overview
Table 53. Alphabet Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 54. Alphabet Business Overview
Table 55. Alphabet Recent Developments
Table 56. Square Proximity Mobile Payment Basic Information
Table 57. Square Proximity Mobile Payment Product Overview
Table 58. Square Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 59. Square Business Overview
Table 60. Square Recent Developments
Table 61. ACI Proximity Mobile Payment Basic Information
Table 62. ACI Proximity Mobile Payment Product Overview
Table 63. ACI Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 64. ACI Business Overview
Table 65. ACI Recent Developments
Table 66. PayPal Proximity Mobile Payment Basic Information
Table 67. PayPal Proximity Mobile Payment Product Overview
Table 68. PayPal Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 69. PayPal Business Overview
Table 70. PayPal Recent Developments
Table 71. Starbucks Proximity Mobile Payment Basic Information
Table 72. Starbucks Proximity Mobile Payment Product Overview
Table 73. Starbucks Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 74. Starbucks Business Overview
Table 75. Starbucks Recent Developments
Table 76. Mastercard Proximity Mobile Payment Basic Information
Table 77. Mastercard Proximity Mobile Payment Product Overview
Table 78. Mastercard Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 79. Mastercard Business Overview
Table 80. Mastercard Recent Developments
Table 81. CVS Proximity Mobile Payment Basic Information
Table 82. CVS Proximity Mobile Payment Product Overview
Table 83. CVS Proximity Mobile Payment Revenue (M USD) and Gross Margin (2019-2024)
Table 84. CVS Business Overview
Table 85. CVS Recent Developments
Table 86. Global Proximity Mobile Payment Market Size Forecast by Region (2025-2030) & (M USD)
Table 87. North America Proximity Mobile Payment Market Size Forecast by Country (2025-2030) & (M USD)
Table 88. Europe Proximity Mobile Payment Market Size Forecast by Country (2025-2030) & (M USD)
Table 89. Asia Pacific Proximity Mobile Payment Market Size Forecast by Region (2025-2030) & (M USD)
Table 90. South America Proximity Mobile Payment Market Size Forecast by Country (2025-2030) & (M USD)
Table 91. Middle East and Africa Proximity Mobile Payment Market Size Forecast by Country (2025-2030) & (M USD)
Table 92. Global Proximity Mobile Payment Market Size Forecast by Type (2025-2030) & (M USD)
Table 93. Global Proximity Mobile Payment Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Industrial Chain of Proximity Mobile Payment
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Proximity Mobile Payment Market Size (M USD), 2019-2030
Figure 5. Global Proximity Mobile Payment Market Size (M USD) (2019-2030)
Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 8. Evaluation Matrix of Regional Market Development Potential
Figure 9. Proximity Mobile Payment Market Size by Country (M USD)
Figure 10. Global Proximity Mobile Payment Revenue Share by Company in 2023
Figure 11. Proximity Mobile Payment Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 12. The Global 5 and 10 Largest Players: Market Share by Proximity Mobile Payment Revenue in 2023
Figure 13. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 14. Global Proximity Mobile Payment Market Share by Type
Figure 15. Market Size Share of Proximity Mobile Payment by Type (2019-2024)
Figure 16. Market Size Market Share of Proximity Mobile Payment by Type in 2022
Figure 17. Global Proximity Mobile Payment Market Size Growth Rate by Type (2019-2024)
Figure 18. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 19. Global Proximity Mobile Payment Market Share by Application
Figure 20. Global Proximity Mobile Payment Market Share by Application (2019-2024)
Figure 21. Global Proximity Mobile Payment Market Share by Application in 2022
Figure 22. Global Proximity Mobile Payment Market Size Growth Rate by Application (2019-2024)
Figure 23. Global Proximity Mobile Payment Market Size Market Share by Region (2019-2024)
Figure 24. North America Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 25. North America Proximity Mobile Payment Market Size Market Share by Country in 2023
Figure 26. U.S. Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 27. Canada Proximity Mobile Payment Market Size (M USD) and Growth Rate (2019-2024)
Figure 28. Mexico Proximity Mobile Payment Market Size (Units) and Growth Rate (2019-2024)
Figure 29. Europe Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 30. Europe Proximity Mobile Payment Market Size Market Share by Country in 2023
Figure 31. Germany Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 32. France Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 33. U.K. Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 34. Italy Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 35. Russia Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 36. Asia Pacific Proximity Mobile Payment Market Size and Growth Rate (M USD)
Figure 37. Asia Pacific Proximity Mobile Payment Market Size Market Share by Region in 2023
Figure 38. China Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 39. Japan Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 40. South Korea Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 41. India Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 42. Southeast Asia Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 43. South America Proximity Mobile Payment Market Size and Growth Rate (M USD)
Figure 44. South America Proximity Mobile Payment Market Size Market Share by Country in 2023
Figure 45. Brazil Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 46. Argentina Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 47. Columbia Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 48. Middle East and Africa Proximity Mobile Payment Market Size and Growth Rate (M USD)
Figure 49. Middle East and Africa Proximity Mobile Payment Market Size Market Share by Region in 2023
Figure 50. Saudi Arabia Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 51. UAE Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 52. Egypt Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 53. Nigeria Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 54. South Africa Proximity Mobile Payment Market Size and Growth Rate (2019-2024) & (M USD)
Figure 55. Global Proximity Mobile Payment Market Size Forecast by Value (2019-2030) & (M USD)
Figure 56. Global Proximity Mobile Payment Market Share Forecast by Type (2025-2030)
Figure 57. Global Proximity Mobile Payment Market Share Forecast by Application (2025-2030)
