Market Potential and Projections for QR Code Payments The global QR code payment market is booming, with its valuation expected to skyrocket from $12.2 billion in 2024 to an estimated $66.9 billion by 2034. Driving this impressive compound annual growth rate (CAGR) of 18.7% is the rising preference for seamless, contactless payment solutions. The simplicity and adaptability of QR codes make them a favorite for industries like retail, healthcare, hospitality, and transportation. Their appeal is not just about convenience, but also security and speed, making QR code payments a focal…
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