| Product Code: ETC12747775 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Bahamas NFC payment devices market witnessed a steady increase in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of 18.54%. Notably, the year-on-year growth rate spiked to 40.00% in 2024, indicating a significant surge in imports during that year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahamas NFC Payment Devices Market Overview |
3.1 Bahamas Country Macro Economic Indicators |
3.2 Bahamas NFC Payment Devices Market Revenues & Volume, 2022 & 2032F |
3.3 Bahamas NFC Payment Devices Market - Industry Life Cycle |
3.4 Bahamas NFC Payment Devices Market - Porter's Five Forces |
3.5 Bahamas NFC Payment Devices Market Revenues & Volume Share, By Device Type, 2022 & 2032F |
3.6 Bahamas NFC Payment Devices Market Revenues & Volume Share, By Technology, 2022 & 2032F |
3.7 Bahamas NFC Payment Devices Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Bahamas NFC Payment Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment solutions in the Bahamas |
4.2.2 Growing smartphone penetration and use of contactless technology |
4.2.3 Government initiatives to promote cashless transactions |
4.3 Market Restraints |
4.3.1 Concerns over security and data privacy in NFC payments |
4.3.2 Limited merchant acceptance of NFC payment devices in the Bahamas |
4.3.3 Lack of awareness and education about NFC technology among consumers |
5 Bahamas NFC Payment Devices Market Trends |
6 Bahamas NFC Payment Devices Market, By Types |
6.1 Bahamas NFC Payment Devices Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Bahamas NFC Payment Devices Market Revenues & Volume, By Device Type, 2022 - 2032F |
6.1.3 Bahamas NFC Payment Devices Market Revenues & Volume, By NFC-Enabled Smartphones, 2022 - 2032F |
6.1.4 Bahamas NFC Payment Devices Market Revenues & Volume, By Smartwatches, 2022 - 2032F |
6.1.5 Bahamas NFC Payment Devices Market Revenues & Volume, By NFC Payment Cards, 2022 - 2032F |
6.1.6 Bahamas NFC Payment Devices Market Revenues & Volume, By Wearable Payment Bands, 2022 - 2032F |
6.1.7 Bahamas NFC Payment Devices Market Revenues & Volume, By NFC Stickers, 2022 - 2032F |
6.2 Bahamas NFC Payment Devices Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bahamas NFC Payment Devices Market Revenues & Volume, By Contactless Payment, 2022 - 2032F |
6.2.3 Bahamas NFC Payment Devices Market Revenues & Volume, By Digital Wallets, 2022 - 2032F |
6.2.4 Bahamas NFC Payment Devices Market Revenues & Volume, By Mobile POS, 2022 - 2032F |
6.2.5 Bahamas NFC Payment Devices Market Revenues & Volume, By QR Code Payments, 2022 - 2032F |
6.3 Bahamas NFC Payment Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Bahamas NFC Payment Devices Market Revenues & Volume, By Retail, 2022 - 2032F |
6.3.3 Bahamas NFC Payment Devices Market Revenues & Volume, By Banking & Financial, 2022 - 2032F |
6.3.4 Bahamas NFC Payment Devices Market Revenues & Volume, By Hospitality, 2022 - 2032F |
6.3.5 Bahamas NFC Payment Devices Market Revenues & Volume, By Healthcare, 2022 - 2032F |
6.3.6 Bahamas NFC Payment Devices Market Revenues & Volume, By Public Transport, 2022 - 2032F |
7 Bahamas NFC Payment Devices Market Import-Export Trade Statistics |
7.1 Bahamas NFC Payment Devices Market Export to Major Countries |
7.2 Bahamas NFC Payment Devices Market Imports from Major Countries |
8 Bahamas NFC Payment Devices Market Key Performance Indicators |
8.1 Number of new merchants accepting NFC payments |
8.2 Growth in the number of NFC-enabled devices in the market |
8.3 Increase in the number of transactions processed through NFC technology |
9 Bahamas NFC Payment Devices Market - Opportunity Assessment |
9.1 Bahamas NFC Payment Devices Market Opportunity Assessment, By Device Type, 2022 & 2032F |
9.2 Bahamas NFC Payment Devices Market Opportunity Assessment, By Technology, 2022 & 2032F |
9.3 Bahamas NFC Payment Devices Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Bahamas NFC Payment Devices Market - Competitive Landscape |
10.1 Bahamas NFC Payment Devices Market Revenue Share, By Companies, 2025 |
10.2 Bahamas NFC Payment Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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