China Face Swiping Payment Market Size & Outlook
China face swiping payment market, 2018-2030 (US$M)
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China face swiping payment market highlights
- The China face swiping payment market generated a revenue of USD 731.6 million in 2023 and is expected to reach USD 2,685.7 million by 2030.
- The China market is expected to grow at a CAGR of 20.4% from 2024 to 2030.
- In terms of segment, retail was the largest revenue generating application in 2023.
- Retail is the most lucrative application segment registering the fastest growth during the forecast period.
Face swiping payment market data book summary
| Market revenue in 2023 | USD 731.6 million |
| Market revenue in 2030 | USD 2,685.7 million |
| Growth rate | 20.4% (CAGR from 2023 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | Retail |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Retail, Restaurant, Travel |
| Key market players worldwide | Pax Global Technology Ltd, NEC Corp, Snap Inc Class A, Mastercard Inc Class A, PopID, Facepay, PayByFace, VisionLabs B.V., Telepower, Alipay, CloudWalk Technology |
Other key industry trends
- In terms of revenue, China accounted for 14.1% of the global face swiping payment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China face swiping payment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 918.1 million by 2030.
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Face Swiping Payment Market Scope
Face Swiping Payment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China face swiping payment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to face swiping payment market will help companies and investors design strategic landscapes.
Retail was the largest segment with a revenue share of 32.52% in 2023. Horizon Databook has segmented the China face swiping payment market based on retail, restaurant, travel covering the revenue growth of each sub-segment from 2018 to 2030.
- China Face Swiping Payment Application Outlook (Revenue, USD Million, 2018-2030)
- Banks
- Merchants & Payment Gateway
- Retail
- Restaurant
- Travel
- Others
- China Face Swiping Payment Type Outlook (Revenue, USD Million, 2018-2030)
- Payment Equipment
- Kiosk
- POS Equipment
- Payment System
- Payment Equipment
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Our clientele includes a mix of face swiping payment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China face swiping payment market , including forecasts for subscribers. This country databook contains high-level insights into China face swiping payment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China face swiping payment market outlook size, by application, 2018-2030 (US$M)
China Face Swiping Payment Market Outlook Share, 2023 & 2030 (US$M)
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