Proximity readers continuously transmit a low-level fixed radio frequency (RF) signal that provides energy to the card. When the card is held at a certain distance from the reader, the RF signal is absorbed by a small coil inside the card that powers up the card’s microchip which contains a unique identification code
The use of smartphones has drastically increased in daily activities. For instance, individuals now use smartphones to make payments at stores. Moreover, innovations in wearables such as payment bands and rings are expected to drive the market demand over the forecast period.

The global Proximity Reader market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Proximity Reader volume and value at global level, regional level and company level. From a global perspective, this report represents overall Proximity Reader market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Proximity Reader in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Proximity Reader manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
Gemalto
Giesecke & Devrient
Morpho
Oberthur Technologies
American Express
ARM Holdings
Atmel
DataCard
Infineon Technologies
MasterCard
Visa
Staples
IOGEAR
Cherry
HID Global
HP
SIIG
SMK-LINK
DISTUNOW
LEEF
Lenovo
Adesso

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Payment terminal solution
Transaction management
Security and fraud management
Hosted point-of-sale
Analytics

Segment by Application
Finance
Government & Public Utilities
Transportation
Others