| Product Code: ETC7552245 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India QR code payment market import shipments witnessed a gradual expansion with a CAGR of 1.4% from 2020 to 2024. However, the growth momentum slowed notably between 2023 and 2024, experiencing a decline of 8.4%. Overall, the market exhibited a mix of growth and stabilization during the period.
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 India QR Code Payment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India QR Code Payment Market Revenues & Volume, 2021 & 2031F |
3.3 India QR Code Payment Market - Industry Life Cycle |
3.4 India QR Code Payment Market - Porter's Five Forces |
3.5 India QR Code Payment Market Revenues & Volume Share, By Offerings, 2021 & 2031F |
3.6 India QR Code Payment Market Revenues & Volume Share, By Solution, 2021 & 2031F |
3.7 India QR Code Payment Market Revenues & Volume Share, By Payment Type, 2021 & 2031F |
3.8 India QR Code Payment Market Revenues & Volume Share, By Transaction Channel, 2021 & 2031F |
3.9 India QR Code Payment Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 India QR Code Payment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in India |
4.2.2 Government initiatives promoting digital payments |
4.2.3 Growing acceptance of QR code payments by merchants and consumers |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of QR code payments among some segments of the population |
4.3.2 Security concerns regarding QR code payment transactions |
5 India QR Code Payment Market Trends |
6 India QR Code Payment Market, By Types |
6.1 India QR Code Payment Market, By Offerings |
6.1.1 Overview and Analysis |
6.1.2 India QR Code Payment Market Revenues & Volume, By Offerings, 2021- 2031F |
6.1.3 India QR Code Payment Market Revenues & Volume, By Solution, 2021- 2031F |
6.1.4 India QR Code Payment Market Revenues & Volume, By Services, 2021- 2031F |
6.2 India QR Code Payment Market, By Solution |
6.2.1 Overview and Analysis |
6.2.2 India QR Code Payment Market Revenues & Volume, By Static QR code, 2021- 2031F |
6.2.3 India QR Code Payment Market Revenues & Volume, By Dynamic QR code, 2021- 2031F |
6.3 India QR Code Payment Market, By Payment Type |
6.3.1 Overview and Analysis |
6.3.2 India QR Code Payment Market Revenues & Volume, By Push Payment, 2021- 2031F |
6.3.3 India QR Code Payment Market Revenues & Volume, By Pull Payment, 2021- 2031F |
6.4 India QR Code Payment Market, By Transaction Channel |
6.4.1 Overview and Analysis |
6.4.2 India QR Code Payment Market Revenues & Volume, By Face-to-Face, 2021- 2031F |
6.4.3 India QR Code Payment Market Revenues & Volume, By Remote, 2021- 2031F |
6.5 India QR Code Payment Market, By End-user |
6.5.1 Overview and Analysis |
6.5.2 India QR Code Payment Market Revenues & Volume, By Restaurant, 2021- 2031F |
6.5.3 India QR Code Payment Market Revenues & Volume, By Retail & E-commerce, 2021- 2031F |
6.5.4 India QR Code Payment Market Revenues & Volume, By E-ticket Booking, 2021- 2031F |
7 India QR Code Payment Market Import-Export Trade Statistics |
7.1 India QR Code Payment Market Export to Major Countries |
7.2 India QR Code Payment Market Imports from Major Countries |
8 India QR Code Payment Market Key Performance Indicators |
8.1 Number of active QR code payment users |
8.2 Transaction volume through QR code payments |
8.3 Growth in the number of merchants adopting QR code payment solutions |
9 India QR Code Payment Market - Opportunity Assessment |
9.1 India QR Code Payment Market Opportunity Assessment, By Offerings, 2021 & 2031F |
9.2 India QR Code Payment Market Opportunity Assessment, By Solution, 2021 & 2031F |
9.3 India QR Code Payment Market Opportunity Assessment, By Payment Type, 2021 & 2031F |
9.4 India QR Code Payment Market Opportunity Assessment, By Transaction Channel, 2021 & 2031F |
9.5 India QR Code Payment Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 India QR Code Payment Market - Competitive Landscape |
10.1 India QR Code Payment Market Revenue Share, By Companies, 2024 |
10.2 India QR Code Payment 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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