Global QR Code Payment
Market Report
2025
As per Cognitive Market Research's latest published report, the Global QR Code Payment market size was $10.21 Billion in 2022 and it is forecasted to reach $35.85 Billion by 2030. QR Code Payment Industry's Compound Annual Growth Rate will be 17.0% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global QR Code Payment market size was $10.21 Billion in 2022 and it is forecasted to reach $35.85 Billion by 2030. QR Code Payment Industry's Compound Annual Growth Rate will be 17.0% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global QR Code Payment Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 15.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Offering |
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Market Split by Solution |
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Market Split by Payment Type |
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Market Split by Transaction Channel |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of QR Code Payment industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
QR Code Payment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
QR Code payment is a digital payment method that uses Quick Response (QR) codes to facilitate transactions. QR codes are two-dimensional barcodes that can be scanned by a smartphone or a QR code reader. They can contain information such as payment details, merchant information, and transaction amount.
The QR Code Payment Market is driven by the increasing popularity of QR code payment among merchants and buyers and the increasing use of smartphones worldwide is contributing to the growth of the market. Moreover, the increasing adoption of mobile payments is fuelling the growth of the market.
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In February 2021, Revolut has launched QR code payments in a bid to help businesses adhere to social distancing measures. Revolut’s aim is to offer touch-free, instant payments that can be processed using internet connectivity.
In October 2020, PaymentCloud acquired a majority stake in the contactless payments technology startup Paysley. This acquisition consents PaymentCloud to combine its payment processing abilities with Paysley’s contactless payment functionality. without needing to create an account, Paysley aims to transform any business owner’s smartphone into a point-of-sale (POS) device.
Top Companies Market Share in QR Code Payment Industry: (In no particular order of Rank)
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Asia Pacific held the largest share of the market in the year 2022 owing to the increasing popularity of mobile payment systems because they are fast, convenient, and secure. QR code payment is also commonly used for small-value transactions, such as buying snacks or paying for parking, as it eliminates the need for cash and makes transactions more efficient. Furthermore, the large and growing population and increasing penetration of smartphones are some of the major factors supporting the market growth.
The current report Scope analyzes QR Code Payment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global QR Code Payment Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing QR Code Payment Industry growth. QR Code Payment market has been segmented with the help of its Offering, Solution Payment Type, and others. QR Code Payment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the Offering, the Solution segment held the largest share in the year 2022 owing to the increasing adoption of mobile payment and wallet solutions.
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Based on the Solution, the Dynamic QR code segment accounted for the major share of the market in the year 2022 owing to their benefits such as versatility and convenience as a user can activate or deactivate the QR Code at any time and can monitor scanning activity.
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The Push Payment segment dominated the market in the year 2022 owing to increasing popularity among consumers as it is faster and quicker because payers send both payment and money and helps to prevent fraud and unauthorized transactions.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global QR Code Payment Market is witnessing significant growth in the near future.
In 2023, the Solution segment accounted for noticeable share of global QR Code Payment Market and is projected to experience significant growth in the near future.
The Dynamic QR Code segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies PaymentCloud, Clover Network LLC and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Offering | Solution, Services |
Solution | Dynamic QR Code, Static QR Code |
Payment Type | Push Payment, Pull Payment |
Transaction Channel | Face-to-Face, Remote |
End-User | Restaurant, Retail & E-Commerce, E-Ticket Booking, Others |
List of Competitors | PaymentCloud, UnionPay International, Clover Network LLC, Ecentric Payment Systems, Revolut Technologies Inc., PayPal Inc., Nearex Pte Ltd., Block Inc. (Square), ACI Worldwide, LINE Pay Corporation |
This chapter will help you gain GLOBAL Market Analysis of QR Code Payment. Further deep in this chapter, you will be able to review Global QR Code Payment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of QR Code Payment. Further deep in this chapter, you will be able to review North America QR Code Payment Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of QR Code Payment. Further deep in this chapter, you will be able to review Europe QR Code Payment Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of QR Code Payment. Further deep in this chapter, you will be able to review Asia Pacific QR Code Payment Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of QR Code Payment. Further deep in this chapter, you will be able to review South America QR Code Payment Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of QR Code Payment. Further deep in this chapter, you will be able to review Middle East QR Code Payment Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of QR Code Payment. Further deep in this chapter, you will be able to review Middle East QR Code Payment Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of QR Code Payment. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Offering Analysis 2019 -2031, will provide market size split by Offering. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Offering Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Solution Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Payment Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Transaction Channel Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by End-User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global QR Code Payment market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Solution have a significant impact on QR Code Payment market? |
What are the key factors affecting the Solution and Services of QR Code Payment Market? |
What is the CAGR/Growth Rate of Dynamic QR Code during the forecast period? |
By type, which segment accounted for largest share of the global QR Code Payment Market? |
Which region is expected to dominate the global QR Code Payment Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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