Canada Face Swiping Payment Market Size & Outlook

The face swiping payment market in Canada is expected to reach a projected revenue of US$ 1,666.3 million by 2030. A compound annual growth rate of 18.9% is expected of Canada face swiping payment market from 2024 to 2030.
Revenue, 2023 (US$M)
$494.6
Forecast, 2030 (US$M)
$1,666.3
CAGR, 2024 - 2030
18.9%
Report Coverage
Canada

Canada face swiping payment market highlights

  • The Canada face swiping payment market generated a revenue of USD 494.6 million in 2023 and is expected to reach USD 1,666.3 million by 2030.
  • The Canada market is expected to grow at a CAGR of 18.9% 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 2023USD 494.6 million
Market revenue in 2030USD 1,666.3 million
Growth rate18.9% (CAGR from 2023 to 2030)
Largest segmentRetail
Fastest growing segmentRetail
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRetail, Restaurant, Travel
Key market players worldwidePax 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, Canada accounted for 9.5% 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 North America, U.S. face swiping payment market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,666.3 million by 2030.

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Face Swiping Payment Market Scope

Face Swiping Payment Market Companies

Name Profile # Employees HQ Website

Canada 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 32.35% in 2023. Horizon Databook has segmented the Canada face swiping payment market based on retail, restaurant, travel covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Face Swiping Payment Application Outlook (Revenue, USD Million, 2018-2030)
    • Retail
    • Merchants & Payment Gateway
    • Restaurant
    • Others
    • Banks
    • Travel
  • Canada Face Swiping Payment Type Outlook (Revenue, USD Million, 2018-2030)
    • Payment System
    • Payment Equipment
      • Kiosk
      • POS 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 Canada face swiping payment market , including forecasts for subscribers. This country databook contains high-level insights into Canada face swiping payment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada face swiping payment market outlook size, by application, 2018-2030 (US$M)

Canada Face Swiping Payment Market Outlook Share, 2023 & 2030 (US$M)

Canada face swiping payment market outlook size, by application, 2018-2030 (US$M)

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