| Product Code: ETC10530414 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of contactless payment rings in Ireland saw significant growth in 2024, with top exporting countries including China, Taiwan, Thailand, USA, and Mexico. High Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 20.16% from 2020 to 2024 reflects a thriving industry. The growth rate of 23.26% from 2023 to 2024 highlights the increasing popularity and adoption of contactless payment technology in Ireland.

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 Ireland Contactless Payment Ring Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Contactless Payment Ring Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Contactless Payment Ring Market - Industry Life Cycle |
3.4 Ireland Contactless Payment Ring Market - Porter's Five Forces |
3.5 Ireland Contactless Payment Ring Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Contactless Payment Ring Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Ireland Contactless Payment Ring Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Ireland Contactless Payment Ring Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Ireland Contactless Payment Ring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Ireland |
4.2.2 Growing trend towards wearable technology and contactless payments |
4.2.3 Rising demand for convenient and secure payment solutions |
4.3 Market Restraints |
4.3.1 Concerns regarding security and privacy of contactless payment rings |
4.3.2 Limited merchant acceptance of contactless payment rings |
4.3.3 Competition from other contactless payment methods such as mobile wallets |
5 Ireland Contactless Payment Ring Market Trends |
6 Ireland Contactless Payment Ring Market, By Types |
6.1 Ireland Contactless Payment Ring Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Contactless Payment Ring Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Ireland Contactless Payment Ring Market Revenues & Volume, By Smart Payment Rings, 2021 - 2031F |
6.1.4 Ireland Contactless Payment Ring Market Revenues & Volume, By NFC Payment Rings, 2021 - 2031F |
6.1.5 Ireland Contactless Payment Ring Market Revenues & Volume, By Other Contactless Rings, 2021 - 2031F |
6.2 Ireland Contactless Payment Ring Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Ireland Contactless Payment Ring Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.2.3 Ireland Contactless Payment Ring Market Revenues & Volume, By Ceramic, 2021 - 2031F |
6.2.4 Ireland Contactless Payment Ring Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.3 Ireland Contactless Payment Ring Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Ireland Contactless Payment Ring Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Ireland Contactless Payment Ring Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.3.4 Ireland Contactless Payment Ring Market Revenues & Volume, By Retailers, 2021 - 2031F |
6.4 Ireland Contactless Payment Ring Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Ireland Contactless Payment Ring Market Revenues & Volume, By Tech Enthusiasts, 2021 - 2031F |
6.4.3 Ireland Contactless Payment Ring Market Revenues & Volume, By Casual Consumers, 2021 - 2031F |
6.4.4 Ireland Contactless Payment Ring Market Revenues & Volume, By Business People, 2021 - 2031F |
7 Ireland Contactless Payment Ring Market Import-Export Trade Statistics |
7.1 Ireland Contactless Payment Ring Market Export to Major Countries |
7.2 Ireland Contactless Payment Ring Market Imports from Major Countries |
8 Ireland Contactless Payment Ring Market Key Performance Indicators |
8.1 Average transaction value per contactless payment ring |
8.2 Number of new partnerships with financial institutions for contactless payment ring integration |
8.3 Percentage increase in contactless payment ring user base |
8.4 Average number of transactions per contactless payment ring |
8.5 Customer satisfaction ratings for contactless payment ring experience |
9 Ireland Contactless Payment Ring Market - Opportunity Assessment |
9.1 Ireland Contactless Payment Ring Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Contactless Payment Ring Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Ireland Contactless Payment Ring Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Ireland Contactless Payment Ring Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Ireland Contactless Payment Ring Market - Competitive Landscape |
10.1 Ireland Contactless Payment Ring Market Revenue Share, By Companies, 2024 |
10.2 Ireland Contactless Payment Ring 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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