| Product Code: ETC12747717 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of NFC payment devices into China continue to show promising growth, with key exporting countries such as Taiwan, Singapore, and Malaysia leading the way. The market remains moderately concentrated in terms of competition, with a steady Compound Annual Growth Rate (CAGR) of 6.49% from 2020 to 2024. The growth rate for 2023-24 is even more impressive at 7.15%, indicating a strong momentum in the adoption of NFC technology in the Chinese market. This trend highlights the increasing importance of seamless and secure payment solutions in driving the future of digital transactions in China.

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 NFC Payment Devices Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China NFC Payment Devices Market Revenues & Volume, 2021 & 2031F |
3.3 China NFC Payment Devices Market - Industry Life Cycle |
3.4 China NFC Payment Devices Market - Porter's Five Forces |
3.5 China NFC Payment Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 China NFC Payment Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 China NFC Payment Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 China NFC Payment Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of mobile payment solutions in China |
4.2.2 Government support and initiatives to promote cashless transactions |
4.2.3 Growing demand for contactless payment methods to enhance convenience and security |
4.3 Market Restraints |
4.3.1 Security concerns related to NFC technology and data breaches |
4.3.2 Lack of standardization and interoperability among different NFC payment devices |
4.3.3 Limited merchant acceptance of NFC payments in certain regions |
5 China NFC Payment Devices Market Trends |
6 China NFC Payment Devices Market, By Types |
6.1 China NFC Payment Devices Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 China NFC Payment Devices Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 China NFC Payment Devices Market Revenues & Volume, By NFC-Enabled Smartphones, 2021 - 2031F |
6.1.4 China NFC Payment Devices Market Revenues & Volume, By Smartwatches, 2021 - 2031F |
6.1.5 China NFC Payment Devices Market Revenues & Volume, By NFC Payment Cards, 2021 - 2031F |
6.1.6 China NFC Payment Devices Market Revenues & Volume, By Wearable Payment Bands, 2021 - 2031F |
6.1.7 China NFC Payment Devices Market Revenues & Volume, By NFC Stickers, 2021 - 2031F |
6.2 China NFC Payment Devices Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 China NFC Payment Devices Market Revenues & Volume, By Contactless Payment, 2021 - 2031F |
6.2.3 China NFC Payment Devices Market Revenues & Volume, By Digital Wallets, 2021 - 2031F |
6.2.4 China NFC Payment Devices Market Revenues & Volume, By Mobile POS, 2021 - 2031F |
6.2.5 China NFC Payment Devices Market Revenues & Volume, By QR Code Payments, 2021 - 2031F |
6.3 China NFC Payment Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 China NFC Payment Devices Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 China NFC Payment Devices Market Revenues & Volume, By Banking & Financial, 2021 - 2031F |
6.3.4 China NFC Payment Devices Market Revenues & Volume, By Hospitality, 2021 - 2031F |
6.3.5 China NFC Payment Devices Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.6 China NFC Payment Devices Market Revenues & Volume, By Public Transport, 2021 - 2031F |
7 China NFC Payment Devices Market Import-Export Trade Statistics |
7.1 China NFC Payment Devices Market Export to Major Countries |
7.2 China NFC Payment Devices Market Imports from Major Countries |
8 China NFC Payment Devices Market Key Performance Indicators |
8.1 Number of new NFC payment device users in China |
8.2 Growth in the number of NFC-enabled merchants and businesses |
8.3 Transaction frequency and value of NFC payments processed |
8.4 Customer satisfaction and trust levels in NFC payment technology |
8.5 Rate of adoption of NFC payment devices among different demographics (e.g., age groups, income levels) |
9 China NFC Payment Devices Market - Opportunity Assessment |
9.1 China NFC Payment Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 China NFC Payment Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 China NFC Payment Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 China NFC Payment Devices Market - Competitive Landscape |
10.1 China NFC Payment Devices Market Revenue Share, By Companies, 2024 |
10.2 China 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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