Press release
Pay Card Reader Market : Key Players, Growth, Analysis, 2016 - 2022
The global payment industry is enormously competitive environment with IC, POS terminal, pay card reader and smart card competing for profitable high capacity business in a market. The pay card reader is a machine that has the potential to read debit and credit cards, either via a magnetic band or chip and pin technology. Pay card readers comprises of a pin that links to a mobile device via audio jack. Some of the pay card readers can also be allied wirelessly either by utilizing NFC technology or bluetooth. The pay card reader has showcased an upliftment in its growth over the past few years all across the globe and is anticipated to expand at a significant CAGR during the forecast period. It has been noticed that on-going switching to Euro pay, MasterCard and Visa and other chip based standards are escalating the market further with diffusion of smart acceptance devices growing every year. Rising awareness about the technology is likely to bolster the growth of the market from 2016-2022.Some of the major factors driving the growth of global pay card reader include rising penetration of tablets and smartphones all across the globe. Smartphones market have observed robust growth and is anticipated to escalate at a significant pace over the next few years. Apart from this, the recent transformation from cash and cheque to electronic and mobile payments will expand the growth of global pay card reader market in future. Apart from this, favorable government policies, rising number of smartphone base as well as large number of micro and small merchants is anticipated to intensify the growth of global pay card reader market during the projected period.
Request for Report Sample: https://www.persistencemarketresearch.com/samples/9776
Global Pay Card Reader market is segmented by: solution type, technology, applications and by region
Pay Card Reader by Solution Type
Card Reader Accessories
Integrated Card Reader Solutions
Pay Card Reader by Technology
EMV Chip And Pin
Hybrid Technology Solutions
Magnetic Stripe
Chip And Sign
Near Field Communication
Biometrics
Pay Card Reader by Applications
Healthcare
Restaurant
Retail
Warehouse/Distribution
Government and Consumer Utility Services
Transportation and Entertainment
Request for Report TOC: https://www.persistencemarketresearch.com/toc/9776
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA,Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pay Card Reader Market : Key Players, Growth, Analysis, 2016 - 2022 here
News-ID: 1187545 • Views: …
More Releases from Persistence Market Research
Active Modified Atmospheric Packaging Market to Surpass US$ 37.9 Bn by 2033, Dri …
The global active modified atmospheric packaging market is entering a dynamic growth phase as food manufacturers, healthcare suppliers, and logistics companies intensify their focus on extending product freshness, minimizing waste, and improving supply chain resilience. Active modified atmospheric packaging (AMAP) integrates advanced gas control technologies, moisture regulators, and antimicrobial features to create optimal internal environments for perishable products.
According to the latest study by Persistence Market Research, the global active modified…
Shunt Capacitor Market Expected to Reach US$2.0 Bn by 2033 Driven by Grid Modern …
The global shunt capacitor market is set for sustained growth as power grids worldwide undergo modernization to meet rising electricity demand and improve energy efficiency. According to the latest study by Persistence Market Research, the global shunt capacitor market size is likely to be valued at US$ 1.3 billion in 2026 and is projected to reach US$ 2.0 billion by 2033, expanding at a CAGR of 6% during the forecast…
Tire Cord & Tire Fabrics Market Set to Hit US$9.0 Bn by 2032 Driven by Radializa …
The global tire cord & tire fabrics market is entering a dynamic growth phase as automotive production rebounds, mobility patterns evolve, and manufacturers prioritize high-performance reinforcement materials. Tire cords and fabrics form the structural backbone of tires, providing dimensional stability, strength, and resistance to wear under demanding operating conditions.
According to the latest study by Persistence Market Research, the market is valued at US$5.9 billion in 2025 and is projected to…
Event Tourism Market Set for Exponential Growth through 2032 - PMR Research
The global Event Tourism Market is poised for remarkable expansion, driven by sustained demand for live experiences, increased business travel, hybrid event adoption, and a rebound in international tourism. According to industry projections, the market is expected to grow from an estimated US$1,538.3 billion in 2025 to US$2,631.5 billion by 2032, registering a CAGR of 7.3% over the forecast period.
This robust growth underscores the evolution of event tourism into one…
More Releases for Card
Gift Card and Incentive Card Market Set for Explosive Growth | National Gift Car …
A new business intelligence report released by AMA with title "Gift Card and Incentive Card Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Gift Card and Incentive Card Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through…
IC Card/Smart Card Market 2022 | Detailed Report
The IC Card/Smart Card research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the IC Card/Smart Card research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force.
Download FREE Sample Report…
Prepaid Card Market by Card Type (Single-purpose prepaid card, and Multi-purpose …
Higher preference of prepaid cards to bank account cards has attributed to cost-effectiveness and flexibility. Moreover, increase in awareness and convenience of these cards enhance the adoption of prepaid cards. Furthermore, emerging applications & acceptance of these prepaid cards for various transactions and increasing popularity among individuals traveling abroad are expected to boost the market growth in the future.
A new report published by Allied Market Research, titled, Prepaid Card Market…
Prepaid Card Market by Card Type (Single-purpose prepaid card, and Multi-purpose …
Higher preference of prepaid cards to bank account cards has attributed to cost-effectiveness and flexibility. Moreover, increase in awareness and convenience of these cards enhance the adoption of prepaid cards. Furthermore, emerging applications & acceptance of these prepaid cards for various transactions and increasing popularity among individuals traveling abroad are expected to boost the market growth in the future
Prepaid Card Market is projected to grow at a CAGR of 22.7%…
Card Intelligent Lock Market Report 2018: Segmentation by Type (Magnetic card Lo …
Global Card Intelligent Lock market research report provides company profile for Tri-circle, Dessmann, Royalwand, Bangpai, ZKTeco, Schlage, KEYLOCK, Yale, Tenon, KAADAS, BE-TECH and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also…
Prepaid Card Market Report 2018: Segmentation by Card Type (Single-purpose prepa …
Global Prepaid Card market research report provides company profile for Green Dot Corporation, NetSpend Holdings, Inc., H&R Block Inc., American Express Company, JPMorgan Chase & Co., PayPal Holdings, Inc., BBVA Compass Bancshares, Inc. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
