Global Face Swiping Payment Market Size & Outlook
Global face swiping payment market, 2018-2030 (US$M)
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Global face swiping payment market highlights
- The global face swiping payment market generated a revenue of USD 5,187.0 million in 2023 and is expected to reach USD 18,455.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.9% by 2030.
- In terms of segment, retail accounted for a revenue of USD 1,690.4 million in 2023.
- Retail is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,187.0 million |
| Market revenue in 2030 | USD 18,455.1 million |
| Growth rate | 19.9% (CAGR from 2023 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | Retail |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Retail, Restaurant, Travel |
Other key industry trends
- In terms of revenue, the North America accounted for 23.7% of the global face swiping payment market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,280.5 million by 2030.
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Face Swiping Payment Market Scope
Face Swiping Payment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 32.59% in 2023. Horizon Databook has segmented the Global face swiping payment market based on retail, restaurant, travel covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Face Swiping Payment Application Outlook (Revenue, USD Million, 2018-2030)
- Banks
- Merchants & Payment Gateway
- Retail
- Restaurant
- Travel
- Others
- Global 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 global-level data and insights on the Global face swiping payment market , including forecasts for subscribers. This global databook contains high-level insights into Global face swiping payment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global face swiping payment market outlook size, by region, 2018-2030 (US$M)
Top 10 countries: Face swiping payment market size, 2023 (US$M)
Global face swiping payment market share, by application, 2023 & 2030 (%, US$M)
Face swiping payment market: Opportunity assessment by country
Global face swiping payment market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 897.9 | 915.9 | 951.1 | 1,018.1 | 1,110.0 | 1,230.1 | 1,385.9 | 1,586.9 | 1,846.4 | 2,182.1 | 2,619.0 | 3,191.3 | 3,946.9 | 18.1% |
| Europe | 701.8 | 722.2 | 756.8 | 817.8 | 900.2 | 1,007.5 | 1,146.7 | 1,327.0 | 1,560.8 | 1,865.4 | 2,265.0 | 2,793.2 | 3,497.7 | 19.5% |
| Asia Pacific | 1,602.4 | 1,668.1 | 1,768.3 | 1,932.9 | 2,152.2 | 2,436.5 | 2,805.2 | 3,283.6 | 3,906.7 | 4,723.2 | 5,801.1 | 7,236.5 | 9,166.1 | 20.8% |
| Latin America | 225.4 | 232.8 | 244.8 | 265.5 | 293.3 | 329.4 | 376.3 | 437.1 | 515.9 | 618.8 | 754.1 | 933.3 | 1,173.0 | 19.9% |
| MEA | 123.1 | 127.7 | 134.8 | 146.8 | 162.8 | 183.5 | 210.5 | 245.4 | 290.8 | 350.2 | 428.4 | 532.2 | 671.5 | 20.4% |
| Overall | 3,550.7 | 3,666.7 | 3,855.8 | 4,181.1 | 4,618.4 | 5,187.0 | 5,924.5 | 6,879.9 | 8,120.5 | 9,739.7 | 11,867.5 | 14,686.5 | 18,455.1 | 19.9% |
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