| Product Code: ETC10530377 | Publication Date: Apr 2025 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of contactless payment rings in Brunei in 2024 saw a shift in concentration levels from high to moderate, indicating a more balanced market landscape. Top exporting countries such as China, Singapore, Malaysia, USA, and Mexico continued to dominate the market. However, the industry experienced a significant decline in CAGR and growth rate, reflecting challenges faced in the market. It will be crucial for market players to adapt to changing dynamics and implement strategies to drive growth in the coming years.

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 Brunei Contactless Payment Ring Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Contactless Payment Ring Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Contactless Payment Ring Market - Industry Life Cycle |
3.4 Brunei Contactless Payment Ring Market - Porter's Five Forces |
3.5 Brunei Contactless Payment Ring Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Brunei Contactless Payment Ring Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Brunei Contactless Payment Ring Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Brunei Contactless Payment Ring Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Brunei Contactless Payment Ring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Brunei |
4.2.2 Growing awareness and acceptance of contactless payment technology |
4.2.3 Convenience and speed offered by contactless payment rings |
4.2.4 Rise in smartphone penetration and mobile payment usage |
4.2.5 Government initiatives promoting cashless transactions |
4.3 Market Restraints |
4.3.1 Concerns around security and data privacy with contactless payments |
4.3.2 Limited merchant acceptance of contactless payment rings |
4.3.3 Lack of awareness and education among consumers about contactless payment rings |
4.3.4 Availability of alternative payment methods impacting adoption |
4.3.5 Regulatory challenges and compliance requirements |
5 Brunei Contactless Payment Ring Market Trends |
6 Brunei Contactless Payment Ring Market, By Types |
6.1 Brunei Contactless Payment Ring Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Brunei Contactless Payment Ring Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Brunei Contactless Payment Ring Market Revenues & Volume, By Smart Payment Rings, 2021 - 2031F |
6.1.4 Brunei Contactless Payment Ring Market Revenues & Volume, By NFC Payment Rings, 2021 - 2031F |
6.1.5 Brunei Contactless Payment Ring Market Revenues & Volume, By Other Contactless Rings, 2021 - 2031F |
6.2 Brunei Contactless Payment Ring Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Brunei Contactless Payment Ring Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.2.3 Brunei Contactless Payment Ring Market Revenues & Volume, By Ceramic, 2021 - 2031F |
6.2.4 Brunei Contactless Payment Ring Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.3 Brunei Contactless Payment Ring Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Brunei Contactless Payment Ring Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Brunei Contactless Payment Ring Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.3.4 Brunei Contactless Payment Ring Market Revenues & Volume, By Retailers, 2021 - 2031F |
6.4 Brunei Contactless Payment Ring Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Brunei Contactless Payment Ring Market Revenues & Volume, By Tech Enthusiasts, 2021 - 2031F |
6.4.3 Brunei Contactless Payment Ring Market Revenues & Volume, By Casual Consumers, 2021 - 2031F |
6.4.4 Brunei Contactless Payment Ring Market Revenues & Volume, By Business People, 2021 - 2031F |
7 Brunei Contactless Payment Ring Market Import-Export Trade Statistics |
7.1 Brunei Contactless Payment Ring Market Export to Major Countries |
7.2 Brunei Contactless Payment Ring Market Imports from Major Countries |
8 Brunei Contactless Payment Ring Market Key Performance Indicators |
8.1 Number of new contactless payment ring users in Brunei |
8.2 Transaction frequency and volume through contactless payment rings |
8.3 Rate of growth in merchant acceptance of contactless payments |
8.4 Customer satisfaction and feedback related to contactless payment ring experience |
8.5 Percentage increase in the usage of contactless payment rings compared to traditional payment methods |
9 Brunei Contactless Payment Ring Market - Opportunity Assessment |
9.1 Brunei Contactless Payment Ring Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Brunei Contactless Payment Ring Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Brunei Contactless Payment Ring Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Brunei Contactless Payment Ring Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Brunei Contactless Payment Ring Market - Competitive Landscape |
10.1 Brunei Contactless Payment Ring Market Revenue Share, By Companies, 2024 |
10.2 Brunei Contactless Payment Ring 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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