1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- First Data
- Ingenico Group
- NCR
- PAX Global Technology
- Verifone
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
About this market
The increase in the adoption of cloud-based POS terminals to drive market growth. Both retail and hospitality have shown interest in the use of cloud-based POS terminals. The cloud-based system can be directly accessed through the Web and is usually compatible with POS hardware. The analysts have predicted that the EMV POS terminal market will register a CAGR of more than 9% by 2022.
Market Overview
Increasing preference for contactless card payment
Contactless card payment involves a debit card or credit card enabled with NFC technology through which transaction is executed. The ease of the use of this card has gained prominence among the end-users.
Rising threat from alternate payment systems
Payments through mobile apps in retail and hospitality industry is on the rise which has impacted the use of EMV cards, leading to the decrease in adoption of EMV POS terminals.
For the detailed list of factors that will drive and challenge the growth of the EMV POS terminal market during the 2018-2022, view the full report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Ingenico Group and Verifone, the competitive environment is quite intense. Factors such as the increase in the adoption of cloud-based POS terminals and the increasing preference for contactless card payment, will provide considerable growth opportunities to EMV POS terminal manufactures. Ingenico Group, Verifone, PAX Global Technology, NCR, and First Data are some of the major companies covered in this report.
With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the markets competitive landscape and offering information on the products offered by companies.
The increase in the adoption of cloud-based POS terminals to drive market growth. Both retail and hospitality have shown interest in the use of cloud-based POS terminals. The cloud-based system can be directly accessed through the Web and is usually compatible with POS hardware. The analysts have predicted that the EMV POS terminal market will register a CAGR of more than 9% by 2022.
Market Overview
Increasing preference for contactless card payment
Contactless card payment involves a debit card or credit card enabled with NFC technology through which transaction is executed. The ease of the use of this card has gained prominence among the end-users.
Rising threat from alternate payment systems
Payments through mobile apps in retail and hospitality industry is on the rise which has impacted the use of EMV cards, leading to the decrease in adoption of EMV POS terminals.
For the detailed list of factors that will drive and challenge the growth of the EMV POS terminal market during the 2018-2022, view the full report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Ingenico Group and Verifone, the competitive environment is quite intense. Factors such as the increase in the adoption of cloud-based POS terminals and the increasing preference for contactless card payment, will provide considerable growth opportunities to EMV POS terminal manufactures. Ingenico Group, Verifone, PAX Global Technology, NCR, and First Data are some of the major companies covered in this report.
With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the markets competitive landscape and offering information on the products offered by companies.
FEATURED COMPANIES
- First Data
- Ingenico Group
- NCR
- PAX Global Technology
- Verifone
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY END-USER
PART 10: REGIONAL LANDSCAPE
PART 12: DRIVERS AND CHALLENGES
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
List of Exhibits
FEATURED COMPANIES
- First Data
- Ingenico Group
- NCR
- PAX Global Technology
- Verifone
Global EMV POS Terminal Market 2018-2022
The author of the report recognizes the following companies as the key players in the global EMV POS terminal market: Ingenico Group, Verifone, PAX Global Technology, NCR, and First Data.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increase in the adoption of cloud-based POS terminals.”
According to the report, one of the major drivers for this market is the increasing preference for contactless card payment.
Further, the report states that one of the major factors hindering the growth of this market is the rising threat from alternate payment systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The author of the report recognizes the following companies as the key players in the global EMV POS terminal market: Ingenico Group, Verifone, PAX Global Technology, NCR, and First Data.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increase in the adoption of cloud-based POS terminals.”
According to the report, one of the major drivers for this market is the increasing preference for contactless card payment.
Further, the report states that one of the major factors hindering the growth of this market is the rising threat from alternate payment systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
A selection of companies mentioned in this report includes:
- Ingenico Group
- Verifone
- PAX Global Technology
- NCR
- First Data
