Global QR Code Payments Market Report 2024

QR Code Payments Global Market Report 2024 – By Offering (QR Code Payment As Solution, QR Code Payment As Services), By Payment Type (QR Code Payment As Push Payment, QR Code Payment As Pull Payment), By Transaction Chanel (QR Code Payment For Face-To-Face, QR Code Payment For Remote), By End User (QR Code Payment For Restaurant, QR Code Payment For Retail And E-Commerce, QR Code Payment For E-Ticket Booking, QR Code Payment For Others) – Market Size, Trends, And Global Forecast 2024-2033

QR Code Payments Global Market Report 2024

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QR Code Payments Market Definition And Segments

The quick response (QR) code payment involves scanning a QR code with a mobile device to transfer funds securely and conveniently between accounts, commonly used for retail purchases, bill payments, and peer-to-peer transfers. The uses of QR code payment include facilitating retail purchases, enabling bill payments, supporting peer-to-peer transfers, streamlining donations to charitable causes, providing access to public transportation services, and enhancing contactless transactions in various industries such as hospitality and healthcare.

The main offerings of QR code payments are QR code payment as a solution and QR code payment as a service. QR code payment as a solution involves the use of QR codes to facilitate secure, contactless financial transactions between customers and merchants. The various payment types include qr code payment as push payment, QR code payment as pull payment with various transaction channels such as QR code payment for face-to-face and QR code payment for remote. These are used by various end users such as QR code payment for restaurant, QR code payment for retail and e-commerce, QR code payment for e-ticket booking, QR code payment for others.

The QR code payments market covered in this report is segmented –

1) By Offering: QR Code Payment As Solution, QR Code Payment As Services

2) By Payment Type: QR Code Payment As Push Payment, QR Code Payment As Pull Payment

3) By Transaction Chanel: QR Code Payment For Face-To-Face, QR Code Payment For Remote

4) By End User: QR Code Payment For Restaurant, QR Code Payment For Retail And E-Commerce, QR Code Payment For E-Ticket Booking, QR Code Payment For Others

The QR code payments market size has grown rapidly in recent years. It will grow from $12.33 billion in 2023 to $14.74 billion in 2024 at a compound annual growth rate (CAGR) of 19.5%. The growth in the historic period can be attributed to expansion of qr codes beyond automotive industry into payment sectors, demand for touchless transactions during the COVID-19 pandemic, adoption of qr code payments by restaurants, retailers, and merchants, increased in use of smartphones, faster internet connectivity.

The QR code payments market size is expected to see rapid growth in the next few years. It will grow to $30.20 billion in 2028 at a compound annual growth rate (CAGR) of 19.6%. The growth in the forecast period can be attributed to increasing adoption of qr code payments, growing preference for contactless payment options among consumers, massive support from smartphone manufacturers and app developers, rapid increase in need for secured and hassle-free transaction services, adoption of qr code payments among merchants. Major trends in the forecast period include adoption of contactless payments, standardized QR code formats, technological advancements, government initiatives and policies, QR code integration with augmented reality and virtual reality.

Digitalization Drives Growth In QR Code Payments Market

The growing significance of digitalization is expected to propel the growth of the QR code payments market going forward. Digitalization converts information, data, or physical objects into a digital format that computers can quickly process, store, and transmit. Digitalization enables businesses to provide personalized and convenient experiences to customers through online platforms, mobile apps, and digital services, improving customer satisfaction and retention. QR code payments are a powerful tool in the digitalization of financial transactions that enhance accessibility, convenience, and security while also supporting contactless interactions, financial inclusion, and integration with other digital services. For instance, in February 2024, according to a report published by the gov.UK, a UK-based government website, in 2022, provisional estimates indicate that the digital sector contributed $171.25 million to the UK economy, accounting for 7.2% of the total UK gross value added (GVA). This represents a slight increase from 7.1% in 2021, based on current prices. Therefore, the growing significance of digitalization is driving the growth of the QR code payments market.

Major companies operating in the QR code payments market are Apple Inc., Google LLC, Samsung Electronics Co., Alibaba Group Holdings Ltd., Tencent Holdings Ltd., Barclays Plc, PayPal Holdings Inc., Yandex, Sberbank AG, Revolut Ltd., Safaricom, Square Inc., Grab Holdings Inc., ACI Worldwide Inc., GoTo Group, Ping An Healthcare and Technology Company Limited, Clover Network Inc., N26 Inc., PayMaya Inc., Venmo, Monzo Bank Ltd., UnionPay International Co. Ltd, PaymentCloud, Mynt, Ecentric Payment Systems Ltd.

Rise of Dynamic QR Code Solutions In The Fintech Landscape

Major companies operating in the QR code payments market are focusing on developing innovative QR code products, such as dynamic QR codes, to advance the offering of the payment ecosystem. Dynamic QR codes are a type of QR code that can be updated in real-time, allowing for more flexibility and customization in transactions. For instance, in February 2021, Revolut Ltd., a UK-based fintech company, launched its dynamic QR code payment solution, which enables merchants to create and manage their own QR codes for various payment scenarios. This solution offers customizable QR codes, real-time updates, and enhanced security. Revolut's dynamic QR code solution simplifies payment processes and improves customer experience. The dynamic QR code device ensured accurate and error-free reconciliation, making it a significant step forward in the digital payment landscape.

Bitly Acquires Egoditor To Enhance Digital Experience Solutions And Expand SaaS Platform

In December 2021, Bitly, a Germany-based software company acquired Egoditor for an undisclosed amount. The acquisition marks Bitly's first and aims to solidify its path to becoming a comprehensive SaaS platform for digital experience solutions. Egoditor is a Germany-based provider of mobile app development, UI/UX design, backend development, API integration, and app store optimization (ASO) including QR code payments.

Asia-Pacific was the largest region in the QR code payments market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the QR code payments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the QR code payments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The QR code payments market consists of revenues earned by entities by including merchant services, peer-to-peer payment services, and inventory management. The market value includes the value of related goods sold by the service provider or included within the service offering. The QR code payments market also includes sales of consumer payment apps and tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The QR code payments market research report is one of a series of new reports from The Business Research Company that provides QR code payments market statistics, including QR code payments industry global market size, regional shares, competitors with a QR code payments market share, detailed QR code payments market segments, market trends, and opportunities, and any further data you may need to thrive in the QR code payments industry. This QR code payments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

QR Code Payments Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $14.74 billion
Revenue Forecast In 2033 $30.2 billion
Growth Rate CAGR of 19.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Offering: QR Code Payment As Solution, QR Code Payment As Services
2) By Payment Type: QR Code Payment As Push Payment, QR Code Payment As Pull Payment
3) By Transaction Chanel: QR Code Payment For Face-To-Face, QR Code Payment For Remote
4) By End User: QR Code Payment For Restaurant, QR Code Payment For Retail And E-Commerce, QR Code Payment For E-Ticket Booking, QR Code Payment For Others
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
Key Companies Profiled Apple Inc., Google LLC, Samsung Electronics Co., Alibaba Group Holdings Ltd., Tencent Holdings Ltd., Barclays Plc, PayPal Holdings Inc., Yandex, Sberbank AG, Revolut Ltd., Safaricom, Square Inc., Grab Holdings Inc., ACI Worldwide Inc., GoTo Group, Ping An Healthcare and Technology Company Limited, Clover Network Inc., N26 Inc., PayMaya Inc., Venmo, Monzo Bank Ltd., UnionPay International Co. Ltd, PaymentCloud, Mynt, Ecentric Payment Systems Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. QR Code Payments Market Characteristics

    3. QR Code Payments Market Trends And Strategies

    4. QR Code Payments Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global QR Code Payments Market Size and Growth

    5.1. Global QR Code Payments Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global QR Code Payments Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global QR Code Payments Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. QR Code Payments Market Segmentation

    6.1. Global QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Qr Code Payment As Solution

    Qr Code Payment As Services

    6.2. Global QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Qr Code Payment As Push Payment

    Qr Code Payment As Pull Payment

    6.3. Global QR Code Payments Market, Segmentation By Transaction Chanel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Qr Code Payment For Face-To-Face

    Qr Code Payment For Remote

    6.4. Global QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Qr Code Payment For Restaurant

    Qr Code Payment For Retail And E-Commerce

    Qr Code Payment For E-Ticket Booking

    Qr Code Payment For Others

    7. QR Code Payments Market Regional And Country Analysis

    7.1. Global QR Code Payments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global QR Code Payments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific QR Code Payments Market

    8.1. Asia-Pacific QR Code Payments Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China QR Code Payments Market

    9.1. China QR Code Payments Market Overview

    9.2. China QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India QR Code Payments Market

    10.1. India QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan QR Code Payments Market

    11.1. Japan QR Code Payments Market Overview

    11.2. Japan QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia QR Code Payments Market

    12.1. Australia QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia QR Code Payments Market

    13.1. Indonesia QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea QR Code Payments Market

    14.1. South Korea QR Code Payments Market Overview

    14.2. South Korea QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe QR Code Payments Market

    15.1. Western Europe QR Code Payments Market Overview

    15.2. Western Europe QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK QR Code Payments Market

    16.1. UK QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany QR Code Payments Market

    17.1. Germany QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France QR Code Payments Market

    18.1. France QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy QR Code Payments Market

    19.1. Italy QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain QR Code Payments Market

    20.1. Spain QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe QR Code Payments Market

    21.1. Eastern Europe QR Code Payments Market Overview

    21.2. Eastern Europe QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia QR Code Payments Market

    22.1. Russia QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America QR Code Payments Market

    23.1. North America QR Code Payments Market Overview

    23.2. North America QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA QR Code Payments Market

    24.1. USA QR Code Payments Market Overview

    24.2. USA QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada QR Code Payments Market

    25.1. Canada QR Code Payments Market Overview

    25.2. Canada QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America QR Code Payments Market

    26.1. South America QR Code Payments Market Overview

    26.2. South America QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil QR Code Payments Market

    27.1. Brazil QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East QR Code Payments Market

    28.1. Middle East QR Code Payments Market Overview

    28.2. Middle East QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa QR Code Payments Market

    29.1. Africa QR Code Payments Market Overview

    29.2. Africa QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. QR Code Payments Market Competitive Landscape And Company Profiles

    30.1. QR Code Payments Market Competitive Landscape

    30.2. QR Code Payments Market Company Profiles

    30.2.1. Apple Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Google LLC

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Samsung Electronics Co.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Alibaba Group Holdings Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Tencent Holdings Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. QR Code Payments Market Other Major And Innovative Companies

    31.1. Barclays Plc

    31.2. PayPal Holdings Inc.

    31.3. Yandex

    31.4. Sberbank AG

    31.5. Revolut Ltd.

    31.6. Safaricom

    31.7. Square Inc.

    31.8. Grab Holdings Inc.

    31.9. ACI Worldwide Inc.

    31.10. GoTo Group

    31.11. Ping An Healthcare and Technology Company Limited

    31.12. Clover Network Inc.

    31.13. N26 Inc.

    31.14. PayMaya Inc.

    31.15. Venmo

    32. Global QR Code Payments Market Competitive Benchmarking

    33. Global QR Code Payments Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The QR Code Payments Market

    35. QR Code Payments Market Future Outlook and Potential Analysis

    35.1 QR Code Payments Market In 2028 - Countries Offering Most New Opportunities

    35.2 QR Code Payments Market In 2028 - Segments Offering Most New Opportunities

    35.3 QR Code Payments Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global QR Code Payments Market, Segmentation By Transaction Chanel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global QR Code Payments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global QR Code Payments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Apple Inc. Financial Performance
  • Table 76: Google LLC Financial Performance
  • Table 77: Samsung Electronics Co. Financial Performance
  • Table 78: Alibaba Group Holdings Ltd. Financial Performance
  • Table 79: Tencent Holdings Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global QR Code Payments Market, Segmentation By Transaction Chanel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global QR Code Payments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global QR Code Payments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, QR Code Payments Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, QR Code Payments Market, Segmentation By Payment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, QR Code Payments Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Apple Inc. Financial Performance
  • Figure 76: Google LLC Financial Performance
  • Figure 77: Samsung Electronics Co. Financial Performance
  • Figure 78: Alibaba Group Holdings Ltd. Financial Performance
  • Figure 79: Tencent Holdings Ltd. Financial Performance
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Frequently Asked Questions

What is the definition of the qr code payments market?

The quick response (QR) code payment involves scanning a QR code with a mobile device to transfer funds securely and conveniently between accounts, commonly used for retail purchases, bill payments, and peer-to-peer transfers. The uses of QR code payment include facilitating retail purchases, enabling bill payments, supporting peer-to-peer transfers, streamlining donations to charitable causes, providing access to public transportation services, and enhancing contactless transactions in various industries such as hospitality and healthcare. For further insights on the qr code payments market, request a sample here

How will the qr code payments market drivers and restraints affect the qr code payments market dynamics? What forces will shape the qr code payments industry going forward?

The qr code payments market major growth driver - Digitalization Drives Growth In QR Code Payments Market. For further insights on the qr code payments market, request a sample here

What is the forecast market size or the forecast market value of the qr code payments market?

The QR code payments market size has grown rapidly in recent years. It will grow from $12.33 billion in 2023 to $14.74 billion in 2024 at a compound annual growth rate (CAGR) of 19.5%. The growth in the historic period can be attributed to expansion of qr codes beyond automotive industry into payment sectors, demand for touchless transactions during the covid-19 pandemic, adoption of qr code payments by restaurants, retailers, and merchants, increased in use of smartphones, faster internet connectivity. The QR code payments market size is expected to see rapid growth in the next few years. It will grow to $30.20 billion in 2028 at a compound annual growth rate (CAGR) of 19.6%. The growth in the forecast period can be attributed to increasing adoption of qr code payments, growing preference for contactless payment options among consumers, massive support from smartphone manufacturers and app developers, rapid increase in need for secured and hassle-free transaction services, adoption of qr code payments among merchants. Major trends in the forecast period include adoption of contactless payments, standardized QR code formats, technological advancements, government initiatives and policies, QR code integration with augmented reality and virtual reality. For further insights on the qr code payments market, request a sample here

How is the qr code payments market segmented?

The qr code payments market is segmented
1) By Offering: Qr Code Payment As Solution, Qr Code Payment As Services
2) By Payment Type: Qr Code Payment As Push Payment, Qr Code Payment As Pull Payment
3) By Transaction Chanel: Qr Code Payment For Face-To-Face, Qr Code Payment For Remote
4) By End User: Qr Code Payment For Restaurant, Qr Code Payment For Retail And E-Commerce, Qr Code Payment For E-Ticket Booking, Qr Code Payment For OthersFor further insights on the qr code payments market,
request a sample here

Which region has the largest share of the qr code payments market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the QR code payments market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the QR code payments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the qr code payments market, request a sample here.

Who are the major players in the qr code payments market?

Major companies operating in the QR code payments market are Apple Inc., Google LLC, Samsung Electronics Co., Alibaba Group Holdings Ltd., Tencent Holdings Ltd., Barclays Plc, PayPal Holdings Inc., Yandex, Sberbank AG, Revolut Ltd., Safaricom, Square Inc., Grab Holdings Inc., ACI Worldwide Inc., GoTo Group, Ping An Healthcare and Technology Company Limited, Clover Network Inc., N26 Inc., PayMaya Inc., Venmo, Monzo Bank Ltd., UnionPay International Co. Ltd, PaymentCloud, Mynt, Ecentric Payment Systems Ltd. For further insights on the qr code payments market, request a sample here.

What are the key trends in the qr code payments market?

Major trend in the qr code payments market - Rise of Dynamic QR Code Solutions In The Fintech Landscape. For further insights on the qr code payments market, request a sample here.

What are the major opportunities in the qr code payments market? What are the strategies for the qr code payments market?

For detailed insights on the major opportunities and strategies in the qr code payments market, request a sample here.

How does the qr code payments market relate to the overall economy and other similar markets?

For detailed insights on qr code payments market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the qr code payments industry?

For detailed insights on the mergers and acquisitions in the qr code payments industry, request a sample here.

What are the key dynamics influencing the qr code payments market growth? SWOT analysis of the qr code payments market.

For detailed insights on the key dynamics influencing the qr code payments market growth and SWOT analysis of the qr code payments industry, request a sample here.