Product Code: ETC5533349 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The contactless payment market in Gabon is expanding rapidly as consumers and businesses adopt digital payment solutions. NFC-enabled cards, mobile wallets, and wearable devices are popular choices for fast and secure transactions. The shift towards cashless economies and government initiatives to promote digital financial inclusion are significant market drivers.
The Gabon contactless payment market is growing rapidly due to the increasing adoption of digital payment solutions and the shift toward cashless transactions. The convenience and speed of contactless payments, which allow consumers to make purchases by simply tapping their payment cards or mobile devices, are driving consumer demand. As mobile payment applications like Apple Pay, Google Pay, and others gain popularity, more businesses in Gabon are adopting contactless payment systems. The growth of e-commerce and the need for secure and efficient payment methods are also contributing to the market`s expansion.
The contactless payment market in Gabon faces barriers such as limited infrastructure, including the lack of widespread point-of-sale terminals and mobile payment systems. Many consumers are also unfamiliar with the technology, leading to slow adoption. Additionally, financial institutions are cautious about the cost of implementing the required technologies, further stalling the market`s growth.
The government is likely to encourage the adoption of contactless payment methods by introducing policies that support digital payment infrastructure, enhance cybersecurity, and promote financial inclusion. Regulations may also address the interoperability of contactless payment systems across the region.
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 Gabon Contactless Payment Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Contactless Payment Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Contactless Payment Market - Industry Life Cycle |
3.4 Gabon Contactless Payment Market - Porter's Five Forces |
3.5 Gabon Contactless Payment Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Gabon Contactless Payment Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Gabon Contactless Payment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Contactless Payment Market Trends |
6 Gabon Contactless Payment Market Segmentations |
6.1 Gabon Contactless Payment Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Gabon Contactless Payment Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Gabon Contactless Payment Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 Gabon Contactless Payment Market Revenues & Volume, By Services, 2021-2031F |
6.2 Gabon Contactless Payment Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Gabon Contactless Payment Market Revenues & Volume, By Retail, 2021-2031F |
6.2.3 Gabon Contactless Payment Market Revenues & Volume, By Hospitality, 2021-2031F |
6.2.4 Gabon Contactless Payment Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Gabon Contactless Payment Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.2.6 Gabon Contactless Payment Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.2.7 Gabon Contactless Payment Market Revenues & Volume, By BFSI, 2021-2031F |
7 Gabon Contactless Payment Market Import-Export Trade Statistics |
7.1 Gabon Contactless Payment Market Export to Major Countries |
7.2 Gabon Contactless Payment Market Imports from Major Countries |
8 Gabon Contactless Payment Market Key Performance Indicators |
9 Gabon Contactless Payment Market - Opportunity Assessment |
9.1 Gabon Contactless Payment Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Gabon Contactless Payment Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Gabon Contactless Payment Market - Competitive Landscape |
10.1 Gabon Contactless Payment Market Revenue Share, By Companies, 2024 |
10.2 Gabon Contactless Payment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |