Cyprus NFC Payment Devices Market (2025-2031) | Segmentation, Restraints, Investment Trends, Strategic Insights, Pricing Analysis, Industry, Companies, Drivers, Competitive, Outlook, Demand, Competition, Share, Segments, Strategy, Revenue, Forecast, Challenges, Size, Trends, Value, Analysis, Growth, Supply, Consumer Insights, Opportunities

Market Forecast By Device Type (NFC-Enabled Smartphones, Smartwatches, NFC Payment Cards, Wearable Payment Bands, NFC Stickers), By Technology (Contactless Payment, Digital Wallets, Mobile POS, QR Code Payments), By End User (Retail, Banking & Financial, Hospitality, Healthcare, Public Transport) And Competitive Landscape
Product Code: ETC12747799 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

Cyprus Nfc Payment Devices Market Import Shipment by Countries (Top 5) & Competition (HHI)

Cyprus continues to see a rise in NFC payment device imports, with top exporting countries including Ireland, Metropolitan France, Germany, Slovakia, and China. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 13.16%, indicating sustained growth in the industry. Moreover, the growth rate from 2023 to 2024 surged by 65.11%, highlighting the increasing demand for NFC payment devices in Cyprus.

Cyprus Nfc Payment Devices Market Import Shipment by Countries (Top 5) & Competition (HHI)

Key Highlights of the Report:

  • Cyprus NFC Payment Devices Market Outlook
  • Market Size of Cyprus NFC Payment Devices Market,2024
  • Forecast of Cyprus NFC Payment Devices Market, 2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Revenues & Volume for the Period 2021-2031
  • Cyprus NFC Payment Devices Market Trend Evolution
  • Cyprus NFC Payment Devices Market Drivers and Challenges
  • Cyprus NFC Payment Devices Price Trends
  • Cyprus NFC Payment Devices Porter's Five Forces
  • Cyprus NFC Payment Devices Industry Life Cycle
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Device Type for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By NFC-Enabled Smartphones for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Smartwatches for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By NFC Payment Cards for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Wearable Payment Bands for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By NFC Stickers for the Period 2021 - 2029
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Contactless Payment for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Digital Wallets for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Mobile POS for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By QR Code Payments for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Retail for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Banking & Financial for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Hospitality for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Healthcare for the Period 2021-2031
  • Historical Data and Forecast of Cyprus NFC Payment Devices Market Revenues & Volume By Public Transport for the Period 2021 - 2029
  • Cyprus NFC Payment Devices Import Export Trade Statistics
  • Market Opportunity Assessment By Device Type
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By End User
  • Cyprus NFC Payment Devices Top Companies Market Share
  • Cyprus NFC Payment Devices Competitive Benchmarking By Technical and Operational Parameters
  • Cyprus NFC Payment Devices Company Profiles
  • Cyprus NFC Payment Devices Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Cyprus NFC Payment Devices Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Cyprus NFC Payment Devices Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Cyprus NFC Payment Devices Market Overview

3.1 Cyprus Country Macro Economic Indicators

3.2 Cyprus NFC Payment Devices Market Revenues & Volume, 2021 & 2031F

3.3 Cyprus NFC Payment Devices Market - Industry Life Cycle

3.4 Cyprus NFC Payment Devices Market - Porter's Five Forces

3.5 Cyprus NFC Payment Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F

3.6 Cyprus NFC Payment Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.7 Cyprus NFC Payment Devices Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Cyprus NFC Payment Devices Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Cyprus NFC Payment Devices Market Trends

6 Cyprus NFC Payment Devices Market, By Types

6.1 Cyprus NFC Payment Devices Market, By Device Type

6.1.1 Overview and Analysis

6.1.2 Cyprus NFC Payment Devices Market Revenues & Volume, By Device Type, 2021 - 2031F

6.1.3 Cyprus NFC Payment Devices Market Revenues & Volume, By NFC-Enabled Smartphones, 2021 - 2031F

6.1.4 Cyprus NFC Payment Devices Market Revenues & Volume, By Smartwatches, 2021 - 2031F

6.1.5 Cyprus NFC Payment Devices Market Revenues & Volume, By NFC Payment Cards, 2021 - 2031F

6.1.6 Cyprus NFC Payment Devices Market Revenues & Volume, By Wearable Payment Bands, 2021 - 2031F

6.1.7 Cyprus NFC Payment Devices Market Revenues & Volume, By NFC Stickers, 2021 - 2031F

6.2 Cyprus NFC Payment Devices Market, By Technology

6.2.1 Overview and Analysis

6.2.2 Cyprus NFC Payment Devices Market Revenues & Volume, By Contactless Payment, 2021 - 2031F

6.2.3 Cyprus NFC Payment Devices Market Revenues & Volume, By Digital Wallets, 2021 - 2031F

6.2.4 Cyprus NFC Payment Devices Market Revenues & Volume, By Mobile POS, 2021 - 2031F

6.2.5 Cyprus NFC Payment Devices Market Revenues & Volume, By QR Code Payments, 2021 - 2031F

6.3 Cyprus NFC Payment Devices Market, By End User

6.3.1 Overview and Analysis

6.3.2 Cyprus NFC Payment Devices Market Revenues & Volume, By Retail, 2021 - 2031F

6.3.3 Cyprus NFC Payment Devices Market Revenues & Volume, By Banking & Financial, 2021 - 2031F

6.3.4 Cyprus NFC Payment Devices Market Revenues & Volume, By Hospitality, 2021 - 2031F

6.3.5 Cyprus NFC Payment Devices Market Revenues & Volume, By Healthcare, 2021 - 2031F

6.3.6 Cyprus NFC Payment Devices Market Revenues & Volume, By Public Transport, 2021 - 2031F

7 Cyprus NFC Payment Devices Market Import-Export Trade Statistics

7.1 Cyprus NFC Payment Devices Market Export to Major Countries

7.2 Cyprus NFC Payment Devices Market Imports from Major Countries

8 Cyprus NFC Payment Devices Market Key Performance Indicators

9 Cyprus NFC Payment Devices Market - Opportunity Assessment

9.1 Cyprus NFC Payment Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F

9.2 Cyprus NFC Payment Devices Market Opportunity Assessment, By Technology, 2021 & 2031F

9.3 Cyprus NFC Payment Devices Market Opportunity Assessment, By End User, 2021 & 2031F

10 Cyprus NFC Payment Devices Market - Competitive Landscape

10.1 Cyprus NFC Payment Devices Market Revenue Share, By Companies, 2024

10.2 Cyprus NFC Payment Devices Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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