Face Swiping Payment Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Face Swiping Payment Market Introduction and Overview

According to SPER Market Research, 'Face Swiping Payment Market Size- By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Face Swiping Payment Market is predicted to reach USD 30.23 billion by 2033 with a CAGR of 20.42%.

Face recognition, sometimes referred to as face-swiping payment, is a practical payment technique that conducts transactions using biometric facial recognition technology. User authentication is more secure when compared to other digital payment methods such as passcodes and PINs. The advantages of face payments-faster transaction times and simpler processing-have led to an increase in the usage of technology.

The COVID-19 epidemic has accelerated the transition to contactless payment systems, driving the company's growth. In order to satisfy the increasing demand from customers for seamless and frictionless payment experiences, businesses are also introducing novel payment methods like face-swiping, which promotes market expansion.

Scope of the Report:

Report Metric Details

Market size available for years 2019-2033

Base year considered 2022

Forecast period 2023-2033

Segments covered By Type, By Application

Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered

Alipay, CloudWalk Technology Co. Ltd., Facepa, Mastercard, NEC Corporation, PAX Global Technology Limited, PayByFace B.V., PopID, Inc, SnapPay Inc., Telepower Communications Co., Ltd, VisionLabs, Others

Global Face Swiping Payment Market Segmentation:

By Type: Based on the Type, Global Face Swiping Payment Market is segmented as; Payment Equipment, Payment System.

By Application: Based on the Application, Global Face Swiping Payment Market is segmented as; Retail, Restaurant, Travel, Others.

By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Product Code: IACT23180

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Face Swiping Payment Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Face Swiping Payment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Face Swiping Payment Market

7. Global Face Swiping Payment Market, By Type (USD Million

7.1. Global Face Swiping Payment Market Value Share and Forecast, By Type, 2023-2033
7.2. Payment Equipment
7.3. Payment System

8. Global Face Swiping Payment Market, By Application (USD Million)

8.1. Global Face Swiping Payment Market Value Share and Forecast, By Application, 2023-2033
8.2. Retail
8.3. Restaurant
8.4. Travel
8.5. Others

9. Global Face Swiping Payment Market Forecast, 2019-2033 (USD Million)

9.1. Global Face Swiping Payment Market Size and Market Share

10. Global Face Swiping Payment Market, By Type, 2019-2033 (USD Million)

10.1. Global Face Swiping Payment Market Size and Market Share By Type (2019-2026)
10.2. Global Face Swiping Payment Market Size and Market Share By Type (2027-2033)

11. Global Face Swiping Payment Market, By Application, 2019-2033 (USD Million)

11.1. Global Face Swiping Payment Market Size and Market Share By Application (2019-2026)
11.2. Global Face Swiping Payment Market Size and Market Share By Application (2027-2033)

12. Global Face Swiping Payment Market, By Region, 2019-2033 (USD Million)

12.1. Global Face Swiping Payment Market Size and Market Share By Region (2019-2026)
12.2. Global Face Swiping Payment Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
- 12.3.1. Australia
- 12.3.2. China
- 12.3.3. India
- 12.3.4. Japan
- 12.3.5. South Korea
- 12.3.6. Rest of Asia-Pacific
12.4. Europe
- 12.4.1. France
- 12.4.2. Germany
- 12.4.3. Italy
- 12.4.4. Spain
- 12.4.5. United Kingdom
- 12.4.6. Rest of Europe
12.5. Middle East and Africa
- 12.5.1. Kingdom of Saudi Arabia
- 12.5.2. United Arab Emirates
- 12.5.3. Rest of Middle East & Africa
12.6. North America
- 12.6.1. Canada
- 12.6.2. Mexico
- 12.6.3. United States
12.7. Latin America
- 12.7.1. Argentina
- 12.7.2. Brazil
- 12.7.3. Rest of Latin America

13. Company Profile

13.1. Alipay
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
13.2. CloudWalk Technology Co. Ltd.
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
13.3. Facepa
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
13.4. Mastercard
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
13.5. NEC Corporation
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
13.6. PAX Global Technology Limited
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
13.7. PayByFace B.V.
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
13.8. PopID, Inc
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
13.9. SnapPay Inc.
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
13.10. Telepower Communications Co., Ltd
- 13.10.1. Company details
- 13.10.2. Financial outlook
- 13.10.3. Product summary
- 13.10.4. Recent developments
13.11. VisionLabs
- 13.11.1. Company details
- 13.11.2. Financial outlook
- 13.11.3. Product summary
- 13.11.4. Recent developments
13.12. Others