Face-swiping payment technology uses the face collection capabilities of the receiving terminal to obtain user payment account information through face recognition technology (1:1 or 1:N), combined with Token technology, PIN encryption technology, big data analysis, artificial intelligence, etc. The new payment technology is also called face payment.
According to our (Global Info Research) latest study, the global Face-swiping Payment market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Globally, only Alibaba, Tencent, JD Digital and China UnionPay provide Face-swiping payment
This service is mainly used in restaurants and supermarkets. The market share is more than 90%.
This report is a detailed and comprehensive analysis for global Face-swiping Payment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Global Face-swiping Payment market size and forecasts, in consumption value ($ Million), 2018-2029
Global Face-swiping Payment market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Face-swiping Payment market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Face-swiping Payment market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Face-swiping Payment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Face-swiping Payment market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Alibaba, Tencent, JD Digital Technology and China UnionPay, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Face-swiping Payment market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Market segment by Application
Market segment by players, this report covers
JD Digital Technology
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Face-swiping Payment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Face-swiping Payment, with revenue, gross margin and global market share of Face-swiping Payment from 2018 to 2023.
Chapter 3, the Face-swiping Payment competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Face-swiping Payment market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Face-swiping Payment.
Chapter 13, to describe Face-swiping Payment research findings and conclusion.