Global Contactless Payment Terminals Market Research Report By Application, By Type, By Region, Shares, Trends And Forecast 2022-2031

The global contactless payment terminals market report by the business research company identifies increasing popularity of contactless payments has been a major driving factor for the contactless payment terminals market. Contactless payments are gaining popularity due to their convenience and preference. As a result, wearable device manufacturers are incorporating near-field communication (NFC) technology as a standard into most gadgets to provide greater convenience by removing the need to fumble with a wallet, purse, or phone. According to the 2020 American Express Digital Payments survey, 58% of consumers who have used contactless payments in the past believe they are more willing to use them now than they have ever been. Hence, the growing popularity of contactless payments is expected to drive the market.

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%.

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Western Europe was the largest region in the contactless payment terminals market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contactless payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the contactless payment terminals market 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 global organic food market is segmented -
1) By Device Type:
Smartphones and Wearables
Smart Cards
Point-of-Sale (POS) Terminals

2) By Solution Outlook:
Payment Terminal Solution
Transaction Management
Security and Fraud Management
Hosted Point-of-Sales
Analytics

3) By Payment Mode:
Account-Based
Credit/Debit Card
Stored Value
Smart Card

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The Contactless payment terminals Market Report Contents Include
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
….....
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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