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Global Contactless PoS terminals market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The contactless PoS terminals market is poised to grow by $ 5.54 bn during 2020-2024 progressing at a CAGR of 16% during the forecast period. The reports on contactless PoS terminals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of contactless payment software, rising penetration of NFC-based contactless payment at PoS and ease of transaction for users and merchants. In addition, increasing adoption of contactless payment software is anticipated to boost the growth of the market as well.
The contactless PoS terminals market analysis includes end-user segment and geographical landscapes.
The contactless PoS terminals market is segmented as below:
By End-user
- Retail
- Hospitality
By Geographical Landscapes
- APAC
- North America
- Europe
- South America
- MEA
This study identifies the introduction of IoT and NFC-based contactless payment wearable devices as one of the prime reasons driving the contactless PoS terminals market growth during the next few years. Also, emergence of MST technology and increasing adoption of cloud-based PoS terminals will lead to sizable demand in the market.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The contactless PoS terminals market covers the following areas:
- Contactless PoS terminals market sizing
- Contactless PoS terminals market forecast
- Contactless PoS terminals market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading contactless PoS terminals market vendors that include Bluebird Inc., Fiserv Inc., Honeywell International Inc., Ingenico Group SA, NCR Corp., Newland Payment Technology, PAX Global Technology Ltd., Spire Payments Ltd., SZZT Electronics Shenzhen Co. Ltd. , and VeriFone Inc.. Also, the contactless PoS terminals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global contactless PoS terminals market: Bluebird Inc., Fiserv Inc., Honeywell International Inc., Ingenico Group SA, NCR Corp., Newland Payment Technology, PAX Global Technology Ltd., Spire Payments Ltd., SZZT Electronics Shenzhen Co. Ltd. , and VeriFone Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is introduction of IoT and NFC-based contactless payment wearable devices."
According to the report, one of the major drivers for this market is the increasing adoption of contactless payment software.
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.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bluebird Inc.
- Fiserv Inc.
- Honeywell International Inc.
- Ingenico Group SA
- NCR Corp.
- Newland Payment Technology
- PAX Global Technology Ltd.
- Spire Payments Ltd.
- SZZT Electronics Shenzhen Co. Ltd.Â
- VeriFone Inc.
