Contactless Payment Terminals Market 2022 Analysis By Size, Share, Growth, Trends Up To 2031 | MasterCard Inc., Visa Inc., Giesecke And Devrient GmbH, Google Inc., Apple Inc., Samsung Electronics Co. Ltd

The global contactless payment terminals market report by the business research company increasing popularity of contactless payments to be a major growth driver 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 Contactless Payment Terminals 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, Others
4) By Application: Food and Groceries, Pharmacy and Drug Stores, Restaurants and Bars, Consumer Electronics, Media and Entertainment, Others

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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
....
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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