Japan Contactless EMV Cards Market was valued at USD 3 Billion in 2022 and is projected to reach USD 6 Billion by 2030, growing at a CAGR of 9% from 2024 to 2030.
In Japan, the contactless EMV (Europay, MasterCard, and Visa) cards market has been significantly influenced by the increasing demand for convenience and security in financial transactions. The proliferation of contactless payment technology has reshaped various sectors, particularly retail and transportation. Retail applications benefit immensely from the quick and secure transactions enabled by contactless EMV cards, leading to faster checkout processes and improved customer satisfaction. This efficiency is particularly advantageous in high-traffic areas such as supermarkets and convenience stores, where speed is essential to handle large volumes of customers. Additionally, retailers are leveraging these cards to offer promotions and rewards, enhancing customer loyalty and driving sales.
Transportation is another major application area for contactless EMV cards in Japan. The country's advanced public transportation systems, including trains, buses, and subways, have integrated contactless payment methods to streamline fare collection. This has led to a seamless travel experience for commuters, eliminating the need for physical tickets and reducing queue times. With the adoption of contactless EMV cards, passengers can simply tap their cards to pay for their journey, improving the overall efficiency of the transit system. This trend is supported by Japan's commitment to smart city initiatives and technological advancements in public services.
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Gemalto
NXP
Infineon
Giesecke & Devrient
Oberthur Technologies
ABnote
Safran
Watchdata
American Express
Bell ID
CardLogix
HID Global
MasterCard
Visa
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Contactless EMV Cards Market
Healthcare
Government IDs (e-passports)
Retail Sectors
Others
Based on Types the Market is categorized into Below types that held the largest Contactless EMV Cards market share In 2023.
RF ID Contactless EMV Cards
RF IC Contactless EMV Cards
RF CPU Contactless EMV Cards
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Contactless EMV Cards Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Contactless EMV Cards Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Contactless EMV Cards Market, By Type
6. Japan Contactless EMV Cards Market, By Application
7. Japan Contactless EMV Cards Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Contactless EMV Cards Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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