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)
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Transaction value in billion U.S. dollars
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BIS Research. (November 30, 2017). 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) [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/788318/worldwide-payment-technology-transaction-value-market-size/
BIS Research. "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)." Chart. November 30, 2017. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/788318/worldwide-payment-technology-transaction-value-market-size/
BIS Research. (2017). 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. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/788318/worldwide-payment-technology-transaction-value-market-size/
BIS Research. "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, Statista Inc., 30 Nov 2017, https://www.statista.com/statistics/788318/worldwide-payment-technology-transaction-value-market-size/
BIS Research, 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, https://www.statista.com/statistics/788318/worldwide-payment-technology-transaction-value-market-size/ (last visited July 16, 2024)
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) [Graph], BIS Research, November 30, 2017. [Online]. Available: https://www.statista.com/statistics/788318/worldwide-payment-technology-transaction-value-market-size/
