| Product Code: ETC6740420 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Import shipments of contactless payment terminals to China in 2024 continued to see significant growth, with top exporting countries being Vietnam, China, Taiwan, Japan, and South Korea. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a notable Compound Annual Growth Rate (CAGR) of 56.28% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -13.12%. This data indicates a strong demand for contactless payment solutions in China, with potential opportunities for further expansion and market development 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 China Contactless Payment Terminals Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Contactless Payment Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 China Contactless Payment Terminals Market - Industry Life Cycle |
3.4 China Contactless Payment Terminals Market - Porter's Five Forces |
3.5 China Contactless Payment Terminals Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 China Contactless Payment Terminals Market Revenues & Volume Share, By Payment Method, 2021 & 2031F |
3.7 China Contactless Payment Terminals Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.8 China Contactless Payment Terminals Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 China Contactless Payment Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of mobile payments in China |
4.2.2 Government support and initiatives promoting cashless transactions |
4.2.3 Growing demand for convenience and speed in payment transactions |
4.3 Market Restraints |
4.3.1 Security concerns related to contactless payment technology |
4.3.2 Lack of awareness and trust in contactless payment methods among consumers |
5 China Contactless Payment Terminals Market Trends |
6 China Contactless Payment Terminals Market, By Types |
6.1 China Contactless Payment Terminals Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 China Contactless Payment Terminals Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 China Contactless Payment Terminals Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.1.4 China Contactless Payment Terminals Market Revenues & Volume, By Infrared, 2021- 2031F |
6.1.5 China Contactless Payment Terminals Market Revenues & Volume, By Carrier-based, 2021- 2031F |
6.1.6 China Contactless Payment Terminals Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.2 China Contactless Payment Terminals Market, By Payment Method |
6.2.1 Overview and Analysis |
6.2.2 China Contactless Payment Terminals Market Revenues & Volume, By Account-based, 2021- 2031F |
6.2.3 China Contactless Payment Terminals Market Revenues & Volume, By Credit/Debit Card, 2021- 2031F |
6.2.4 China Contactless Payment Terminals Market Revenues & Volume, By Stored Value, 2021- 2031F |
6.2.5 China Contactless Payment Terminals Market Revenues & Volume, By Smart Card, 2021- 2031F |
6.3 China Contactless Payment Terminals Market, By Device |
6.3.1 Overview and Analysis |
6.3.2 China Contactless Payment Terminals Market Revenues & Volume, By Integrated POS, 2021- 2031F |
6.3.3 China Contactless Payment Terminals Market Revenues & Volume, By mPOS, 2021- 2031F |
6.3.4 China Contactless Payment Terminals Market Revenues & Volume, By PDA, 2021- 2031F |
6.3.5 China Contactless Payment Terminals Market Revenues & Volume, By Unattended Terminal, 2021- 2031F |
6.3.6 China Contactless Payment Terminals Market Revenues & Volume, By Contactless Reader, 2021- 2031F |
6.4 China Contactless Payment Terminals Market, By End-user Industry |
6.4.1 Overview and Analysis |
6.4.2 China Contactless Payment Terminals Market Revenues & Volume, By Retail, 2021- 2031F |
6.4.3 China Contactless Payment Terminals Market Revenues & Volume, By Transportation, 2021- 2031F |
6.4.4 China Contactless Payment Terminals Market Revenues & Volume, By Banking, 2021- 2031F |
6.4.5 China Contactless Payment Terminals Market Revenues & Volume, By Government, 2021- 2031F |
6.4.6 China Contactless Payment Terminals Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 China Contactless Payment Terminals Market Import-Export Trade Statistics |
7.1 China Contactless Payment Terminals Market Export to Major Countries |
7.2 China Contactless Payment Terminals Market Imports from Major Countries |
8 China Contactless Payment Terminals Market Key Performance Indicators |
8.1 Increase in the number of contactless payment transactions |
8.2 Growth in the number of merchants accepting contactless payments |
8.3 Expansion of contactless payment infrastructure in urban and rural areas |
8.4 Adoption rate of contactless payment terminals by various industries |
8.5 Average transaction value and frequency for contactless payments |
9 China Contactless Payment Terminals Market - Opportunity Assessment |
9.1 China Contactless Payment Terminals Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 China Contactless Payment Terminals Market Opportunity Assessment, By Payment Method, 2021 & 2031F |
9.3 China Contactless Payment Terminals Market Opportunity Assessment, By Device, 2021 & 2031F |
9.4 China Contactless Payment Terminals Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 China Contactless Payment Terminals Market - Competitive Landscape |
10.1 China Contactless Payment Terminals Market Revenue Share, By Companies, 2024 |
10.2 China Contactless Payment Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |