Contactless PoS Terminal Market - Global Industry Analysis

Contactless PoS Terminal Market Size - By Technology (Bluetooth, Wi-Fi, Infrared, and Carrier-Based), By Payment Method (Account-Based, Smart Card, Credit/Debit Card, and Stored Value), By Device (Integrated POS, PDA, mPOS, Contactless Reader, and Unattended Terminal), By End-User (Retail, Banking, Healthcare, Government, and Transportation), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 28-Apr-2021 Category: Technology & Media Report Format : PDF Pages: 120 Report Code: ZMR-6176 Status : Published

The global Contactless PoS Terminal market accrued earnings worth approximately 12.95 (USD Billion) in 2019 and is predicted to gain revenue of about 50.07 (USD Billion) by 2026, is set to record a CAGR of nearly 24% over the period from 2020 to 2026.

Description

Contactless PoS Terminal Market: Industry Perspective

The Global Contactless PoS Terminal Market accrued earnings worth approximately 12.95 (USD Billion) in 2019 and is predicted to gain revenue of about 50.07 (USD Billion) by 2026, is set to record a CAGR of nearly 24% over the period from 2020 to 2026. The report offers an assessment and analysis of the Contactless PoS Terminal market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Contactless PoS Terminal Market: Introduction

Contactless PoS terminal accepts all kinds of contactless payments including payments through contactless chip cards and NFC equipment enabled with payment authorization. The product exists at a PoS with myriad kernel applications aided through network payments. Moreover, contactless PoS terminal applications aid two transaction modes including EMV Co Standard and MSD. Furthermore, these terminal transactions accept payment through Visa, Rupay, American Express, Mastercard, and Verve. Furthermore, the contactless PoS terminal is connected as peripheral to Point of Sale and then business transactions are carried out.

Global Contactless PoS Terminal Market

Contactless PoS Terminal Market: Growth Dynamics

Acceptance of new contactless payment methods and the necessity of fast cashless transactions will support market growth. The rise in the occurrence of COVID cases across the globe has increased the use of contactless financial transactions, thereby creating new horizons of growth for the contactless PoS Terminal industry. Apart from this, a prominent increase in the number of purchases and need to save time from standing in long queues will steer the expansion of the contactless PoS Terminal market over the estimated timeframe.

Furthermore, the surge in the number of smartphones and iPhones will proliferate the market size in the years to come. The need for cashless payments and convenient payment modes along with the necessity of minimizing transaction errors will propagate the expansion in the years ahead. However, huge initial product deployment costs and the slowing of bank servers are a few of the issues that can retard the industry's growth in the years ahead.

Europe To Make Lucrative Contributions Towards Overall Market Share By 2026

The expansion of the contactless PoS terminal industry in Europe over 2020-2026 is owing to a rise in the use of cashless payments through Maestro & Master cards. The rise in the credit and debit card financial deals in the countries such as France and UK will further create lucrative growth avenues for the contactless PoS Terminal industry in the continent over the upcoming years. The surge in smartphones along with their integration with reputed mobile payment applications in the continent will further drive the regional market size within the next couple of years. The rise in COVID cases has enhanced the popularity of contactless payments mode in the continent, thereby expanding the scope of business in Europe.

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Key players profiled in the study include Cisco Systems, Inc., Samsung Electronics Co. Ltd, Cegid Group, Ingenico S.A., MICROS Systems, Inc., Hewlett Packard Company, Verifone Systems Inc., NEC Corporation, Panasonic Corporation, and Toshiba Corporation.

The global Contactless PoS Terminal Market is segmented as follows:

By Technology  

By Payment Method

  • Account-Based
  • Smart Card
  • Credit/Debit Card
  • Stored Value

By Device

By End-User

  • Retail
  • Banking
  • Healthcare
  • Government
  • Transportation

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Contactless PoS Terminal Market, 2016–2026(USD Billion)
    • 2.2. Contactless PoS Terminal Market: Snapshot
  • Chapter 3. Global Contactless PoS Terminal Market– Industry Analysis
    • 3.1. Contactless PoS Terminal Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. A prominent increase in number of purchases and need to save time from standing in long queues will steer the expansion of contactless PoS Terminal market over the estimated timeframe.
      • 3.2.2. Surge in the number of smartphones and iPhones will pruliferate the market size in the years to come.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Technology
      • 3.4.2. Market attractiveness analysis By Payment Method
      • 3.4.3. Market attractiveness analysis By Device
      • 3.4.4. Market attractiveness analysis By End-User
  • Chapter 4. Global Contactless PoS Terminal Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Contactless PoS Terminal Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Contactless PoS Terminal Market– Technology Analysis
    • 5.1. Global Contactless PoS Terminal Market overview: By Technology
      • 5.1.1. Global Contactless PoS Terminal Market share, By Technology , 2019 and 2026
    • 5.2. Bluetooth
      • 5.2.1. Global Telecommunications Services Market by Bluetooth , 2016–2026(USD Billion)
    • 5.3. Infrared
      • 5.3.1. Global Contactless PoS Terminal Market by Infrared, 2016–2026(USD Billion)
    • 5.4. Wi-Fi
      • 5.4.1. Global Contactless PoS Terminal Market by Wi-Fi, 2016–2026(USD Billion)
    • 5.5. Carrier-Based
      • 5.5.1. Global Contactless PoS Terminal Market by Carrier-Based, 2016–2026(USD Billion)
  • Chapter 6. Global Contactless PoS Terminal Market– Payment Method Analysis
    • 6.1. Global Contactless PoS Terminal Market overview: By Payment Method
      • 6.1.1. Global Contactless PoS Terminal Marketshare, By Payment Method , 2019 and 2026
    • 6.2. Account-Based
      • 6.2.1. Global Contactless PoS Terminal Marketby Account-Based, 2016–2026(USD Billion)
    • 6.3. Smart Card
      • 6.3.1. Global Contactless PoS Terminal Market by Smart Card, 2016–2026(USD Billion)
    • 6.4. Credit/Debit Card
      • 6.4.1. Global Contactless PoS Terminal Market by Credit/Debit Card, 2016–2026(USD Billion)
    • 6.5. Stored Value
      • 6.5.1. Global Contactless PoS Terminal Market by Stored Value, 2016–2026(USD Billion)
  • Chapter 7. Global Contactless PoS Terminal Market– Device Analysis
    • 7.1. Global Contactless PoS Terminal Market overview: By Device
      • 7.1.1. Global Contactless PoS Terminal Market share, By Device , 2019 and 2026
    • 7.2. Integrated POS
      • 7.2.1. Global Contactless PoS Terminal Marketby Integrated POS, 2016–2026(USD Billion)
    • 7.3. PDA
      • 7.3.1. Global Contactless PoS Terminal Market by PDA, 2016–2026(USD Billion)
    • 7.4. Contactless Reader
      • 7.4.1. Global Contactless PoS Terminal Market by Contactless Reader, 2016–2026(USD Billion)
    • 7.5. Unattended Terminal
      • 7.5.1. Global Contactless PoS Terminal Market by Unattended Terminal, 2016–2026(USD Billion)
    • 7.6. mPOS
      • 7.6.1. Global Contactless PoS Terminal Market by mPOS, 2016–2026(USD Billion)
  • Chapter 8. Global Contactless PoS Terminal Market– End-User Analysis
    • 8.1. Global Contactless PoS Terminal Market overview: By End-User
      • 8.1.1. Global Contactless PoS Terminal Market share, By End-User , 2019 and 2026
    • 8.2. Retail
      • 8.2.1. Global Contactless PoS Terminal Marketby Retail, 2016–2026(USD Billion)
    • 8.3. Banking
      • 8.3.1. Global Contactless PoS Terminal Market by Banking, 2016–2026(USD Billion)
    • 8.4. Healthcare
      • 8.4.1. Global Contactless PoS Terminal Market by Healthcare, 2016–2026(USD Billion)
    • 8.5. Government
      • 8.5.1. Global Contactless PoS Terminal Market by Government, 2016–2026(USD Billion)
    • 8.6. Transportation
      • 8.6.1. Global Contactless PoS Terminal Market by Transportation, 2016–2026(USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. Cisco Systems, Inc.
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Samsung Electronics Co. Ltd
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Cegid Group
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Ingenico S.A.
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. MICROS Systems, Inc.
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Hewlett Packard Company
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Verifone Systems Inc.
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. NEC Corporation
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. Panasonic Corporation
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. Toshiba Corporation
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development

Table Of Figures

List of Figures

1. Market research Type
2. Market research methodology
3. Global Contactless PoS Terminal  Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Contactless PoS Terminal  Marketattractiveness, By Technology   
6. Global Contactless PoS Terminal  Marketattractiveness, By Payment Method 
7. Global Contactless PoS Terminal  Marketattractiveness, By Device
8. Global Contactless PoS Terminal  Marketattractiveness, By End-User  
9. Global Contactless PoS Terminal  Marketshare by Technology   ,2019 and 2026 (USD Billion)
10. Global Contactless PoS Terminal  Marketby Bluetooth   ,2016–2026(USD Billion)
11. Global Contactless PoS Terminal  Marketby Infrared,2016–2026(USD Billion)
12. Global Contactless PoS Terminal  Marketby Wi-Fi,2016–2026(USD Billion)
13. Global Contactless PoS Terminal  Marketby Carrier-Based,2016–2026(USD Billion)
14. Global Contactless PoS Terminal  Marketshare by Payment Method ,2019 and 2026 (USD Billion)
15. Global Contactless PoS Terminal  Marketby Account-Based, 2016–2026(USD Billion)
16. Global Contactless PoS Terminal  Marketby Smart Card, 2016–2026(USD Billion)
17. Global Contactless PoS Terminal  Marketby Credit/Debit Card, 2016–2026(USD Billion)
18. Global Contactless PoS Terminal  Marketby Stored Value, 2016–2026(USD Billion)
19. Global Contactless PoS Terminal  Marketshare by Device ,2019 and 2026 (USD Billion)
20. Global Contactless PoS Terminal  Marketby Integrated POS, 2016–2026(USD Billion)
21. Global Contactless PoS Terminal  Marketby PDA, 2016–2026(USD Billion)
22. Global Contactless PoS Terminal  Marketby MPOS, 2016–2026(USD Billion)
23. Global Contactless PoS Terminal  Marketby Contactless Reader, 2016–2026(USD Billion)
24. Global Contactless PoS Terminal  Marketby Unattended Terminal, 2016–2026(USD Billion)
25. Global Contactless PoS Terminal  Marketshare by End-User ,2019 and 2026 (USD Billion)
26. Global Contactless PoS Terminal  Marketby Retail, 2016–2026(USD Billion)
27. Global Contactless PoS Terminal  Marketby Banking, 2016–2026(USD Billion)
28. Global Contactless PoS Terminal  Marketby Healthcare, 2016–2026(USD Billion)
29. Global Contactless PoS Terminal  Marketby Government, 2016–2026(USD Billion)
30. Global Contactless PoS Terminal  Marketby Transportation, 2016–2026(USD Billion)
31. Global Contactless PoS Terminal  Marketshare, by Region, 2019 and 2026
32. North America Contactless PoS Terminal  Market, 2016–2026(USD Billion)
33. Europe Contactless PoS Terminal  Market, 2016–2026(USD Billion)
34. Asia Pacific Contactless PoS Terminal  Market, 2016–2026(USD Billion)
35. Latin America Contactless PoS Terminal  Market, 2016–2026(USD Billion)
36. The Middle East and Africa Contactless PoS Terminal  Market, 2016–2026(USD Billion)
 


Table Of Tables

List of Tables

1. Global Contactless PoS Terminal  Market: snapshot
2. Drivers of the Contactless PoS Terminal  Market: impact analysis
3. North America Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
4. North America Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
5. North America Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
6. North America Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
7. The U.S. Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
8. The U.S. Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
9. The U.S. Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
10. The U.S. Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
11. Rest of North America Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
12. Rest of North America Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
13. Rest of North America Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
14. Rest of North America Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
15. Europe Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
16. Europe Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
17. Europe Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
18. Europe Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
19. UK Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
20. UK Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
21. UK Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
22. UK Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
23. France Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
24. France Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
25. France Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
26. France Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
27. Germany Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
28. Germany Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
29. Germany Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
30. Germany Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
31. Rest of Europe Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
32. Rest of Europe Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
33. Rest of Europe Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
34. Rest of Europe Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
35. Asia Pacific Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
36. Asia Pacific Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
37. Asia Pacific Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
38. Asia Pacific Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
39. China Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
40. China Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
41. China Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
42. China Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
43. Japan Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
44. Japan Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
45. Japan Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
46. Japan Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
47. India Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
48. India Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
49. India Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
50. India Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
51. Rest of Asia Pacific Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
52. Rest of Asia Pacific Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
53. Rest of Asia Pacific Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
54. Rest of Asia Pacific Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
55. Latin America Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
56. Latin America Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
57. Latin America Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
58. Latin America Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
59. Brazil Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
60. Brazil Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
61. Brazil Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
62. Brazil Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
63. Rest of Latin America Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
64. Rest of Latin America Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
65. Rest of Latin America Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
66. Rest of Latin America Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
67. The Middle East and Africa Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
68. The Middle East and Africa Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
69. The Middle East and Africa Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
70. The Middle East and Africa Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
71. Saudi Arabia Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
72. Saudi Arabia Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
73. Saudi Arabia Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
74. Saudi Arabia Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
75. South Africa Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
76. South Africa Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
77. South Africa Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
78. South Africa Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)
79. Rest of the Middle East & Africa Contactless PoS Terminal  Market revenue, By Technology   , 2016–2026(USD Billion)
80. Rest of the Middle East & Africa Contactless PoS Terminal  Market revenue, By Payment Method  ,2016–2026(USD Billion)
81. Rest of the Middle East & Africa Contactless PoS Terminal  Market revenue, By Device  ,2016–2026(USD Billion)
82. Rest of the Middle East & Africa Contactless PoS Terminal  Market revenue, By End-User  ,2016–2026(USD Billion)


 


 

Methodology

Choose License Type

FrequentlyAsked Questions

Acceptance of new contactless payment methods and necessity of fast cashless transactions will support the market growth. Rise in the occurrence of COVID cases across the globe has increased the use of contactless financial transactions, thereby creating new horizons of growth for contactless PoS Terminal industry. Apart from this, a prominent increase in number of purchases and need to save time from standing in long queues will steer the expansion of contactless PoS Terminal market over the estimated timeframe. Furthermore, surge in the number of smartphones and iPhones will proliferate the market size in the years to come. Need for cashless payments and convenient payment mode along with necessity of minimizing transaction errors will propagate the expansion in the years ahead.

According to Zion market research report, the global Contactless PoS Terminal market accrued earnings worth approximately 12.95 (USD Billion) in 2019 and is predicted to gain revenue of about 50.07 (USD Billion) by 2026, is set to record a CAGR of nearly 24% over the period from 2020 to 2026.  

European continent will contribute lucratively towards the global market size over the estimated timeline. The regional market surge can be ascribed to rise in the use of cashless payments through Maestro & Master cards. Rise in the credit and debit card financial deals in the countries such as France and UK will further create lucrative growth avenues for contactless PoS Terminal industry in the continent over the upcoming years. Surge in the smartphones along with their integration with reputed mobile payment applications in the continent will further drive the regional market size within the next couple of years. Surge in COVID cases has enhanced the popularity of contactless payments mode in the continent, thereby expanding the scope of the business in Europe.

The key market participants include Cisco Systems, Inc., Samsung Electronics Co. Ltd, Cegid Group, Ingenico S.A., MICROS Systems, Inc., Hewlett Packard Company, Verifone Systems Inc., NEC Corporation, Panasonic Corporation, and Toshiba Corporation.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed