Press release
Contactless Payment Terminals Market Is Likely To See Rise In Demand And Yield In The Forecast Period 2022 - 2031
The global contactless payment terminals market size is expected to grow from $16.25 billion in 2021 to $19.74 billion in 2022 at a compound annual growth rate (CAGR) of 21.4%. The contactless payment terminal market size is expected to grow to $43.42 billion in 2026 at a CAGR of 21.8%.The Business Research Company offers the Contactless Payment Terminals Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The contactless payment terminals market consists of the sales of contactless payment products and services by entities (organizations, partnerships, and sole proprietors) that facilitates a secure payment method utilizing a debit or credit card, smartcard, or another payment machine by using RFID technology and near-field communication. Contactless payment terminals are devices that facilitate electronic fund transfer in a contactless manner. To use the system, a customer taps his or her payment card near a terminal that is equipped with the technology.
Some key contactless payment terminals market players are MasterCard Inc., Visa Inc., Giesecke And Devrient GmbH, Google Inc., Apple Inc., Samsung Electronics Co. Ltd., PayPal Holdings Inc., Amazon Inc., Heartland Payment Systems, Verifone Systems Inc., Ingenico Group SA, Oberthur Technologies Morpho, Thales Group, Wirecard AG and OTI Global.
The countries covered in the global contactless payment terminals market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global contactless payment terminals market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Contactless Payment Terminals Market Segmentation:
By Device Type
1. Smartphones and Wearables
2. Smart Cards
3. Point-of-Sale (POS) Terminals
By Solution Outlook
1. Payment Terminal Solution
2. Transaction Management
3. Security and Fraud Management
4. Hosted Point-of-Sales, Analytics
By Payment Mode
1 Account-Based
2. Credit/Debit Card
3. Stored Value
4. Smart Card
By Application
1. Food and Groceries
2. Pharmacy and Drug Stores
3. Restaurants and Bars
4. Consumer Electronics
5. Media and Entertainment
See more on the report at https://www.thebusinessresearchcompany.com/report/contactless-payment-terminals-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Contactless Payment Terminals Market Characteristics
3. Contactless Payment Terminals Market Trends And Strategies
4. Impact Of COVID-19 On Contactless Payment Terminals
5. Contactless Payment Terminals Market Size And Growth
……
26. Africa Contactless Payment Terminals Market
27. Contactless Payment Terminals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Contactless Payment Terminals Market
29. Contactless Payment Terminals Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the contactless payment terminals market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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