Press release
Pay Card Reader Market Sees Promising Growth during 2016-2022
Request Report for TOC @ https://www.persistencemarketresearch.com/toc/9776
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 to Sample of Report- https://www.persistencemarketresearch.com/samples/9776
The major players identified across the value chain of global Pay Card Reader market include Square Inc., PayPal Inc., Infineon Technologies AG, CPI Card Group Inc., NXP Semiconductors, First Data Corporation, and others. It has been noticed that Square Inc. captured the highest market share in the revenue terms in the global pay card reader market in 2015. Square generates around 95% of its revenue from payments and point of scale devices. The key vendors are expected to enter into various business strategies in order to expand the business portfolio and to mark their significant presence in global pay card reader market.
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.
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:https://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 Sees Promising Growth during 2016-2022 here
News-ID: 931285 • Views: …
More Releases from Persistence Market Research
Blood Collection Tubes Market Size, Growth, Share & Trends 2025-2032 | Global In …
The blood collection tubes market plays a pivotal role in modern healthcare by enabling safe, efficient, and accurate collection, storage, and transportation of blood samples. Extensively used in diagnostic laboratories, hospitals, and research centers, these tubes are critical for hematology, biochemistry, immunology, and molecular testing. They help maintain sample integrity, minimize contamination risks, and streamline laboratory workflows, making them indispensable in clinical diagnostics.
Request a Sample:
https://www.persistencemarketresearch.com/samples/35126
Market Overview
According to a recent study…
Frozen Pastries Market to Reach $3.8 Bn by 2032 Driven by Convenience and Ready- …
The global frozen pastries market is set for consistent expansion over the next decade, driven by the growing demand for convenient, ready-to-bake bakery products and evolving consumer lifestyles. According to market projections, the global frozen pastries market size is likely to be valued at US$ 2.6 billion in 2025 and is estimated to reach US$ 3.8 billion by 2032, growing at a CAGR of 5.7% during the forecast period from…
Cookies Market to Reach US$ 54.4 Bn by 2032 Driven by Rising Demand for Premium …
The global cookies market is witnessing steady growth, with its valuation expected to reach US$ 38.3 billion in 2025. According to projections, the market is set to rise significantly and reach approximately US$ 54.4 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.1% between 2025 and 2032. This growth trajectory is fueled by evolving consumer lifestyles, increasing demand for convenient and on-the-go snacks, and the rising…
Flaxseeds Market Growth Driven by Health Trends | Valued at US$ 1,284.7 Mn in 20 …
The global flaxseeds market is witnessing substantial expansion, driven by the growing consumer awareness of health benefits associated with flaxseed consumption and its increasing use across diverse industries such as food and beverages, pharmaceuticals, and cosmetics. According to recent industry analysis, the global flaxseeds market size is likely to be valued at US$ 1,284.7 million in 2025, and is projected to reach US$ 2,145.3 million by 2032, expanding at a…
More Releases for Pay
Proximity Payment Market is Going to Boom | Major Giants Apple Pay, Google Pay, …
HTF MI just released the Global Proximity Payment Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
𝐌𝐚𝐣𝐨𝐫 Giants in Proximity Payment Market are:
Apple Pay, Google Pay, Samsung…
Mobile Wallet (NFC, Digital Wallet) Market to Witness Stunning Growth | Apple Pa …
HTF MI recently introduced Global Mobile Wallet (NFC, Digital Wallet) Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Apple Pay, Google Pay, Samsung Pay, PayPal, Alipay, WeChat Pay,…
Unified Payments Interface (UPI) Market Is Booming Worldwide | Google Pay, Amazo …
The latest study released on the Global Unified Payments Interface (UPI) Market by AMA Research evaluates market size, trend, and forecast to 2028. The Unified Payments Interface (UPI) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about…
Unified Payments Interface (UPI) Market May See a Big Move | Major Giants Samsun …
The latest study released on the Global Unified Payments Interface (UPI) Market by AMA Research evaluates market size, trend, and forecast to 2027. The Unified Payments Interface (UPI) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about…
Samsung Pay Market is Booming Worldwide with Samsung Pay, Apple Pay, Google Pay
HTF Market Intelligence released a new research report of 23 pages on title 'Samsung Pay - Competitor Profile' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc and important players such as Samsung Pay, Apple Pay, Google Pay, Alipay, Tenpay, Samsung Electronics, Visa, Mastercard.
Request a sample report @ https://www.htfmarketreport.com/sample-report/3587660-samsung-pay-competitor-profile
Summary
Samsung…
Mobile Payment Market may see a big Move: Apple Pay, Samsung Pay, Amazon Pay
A new business intelligence report released by HTF MI with title "Global Mobile Payment Market Report 2020" is designed covering micro level of analysis by manufacturers and key business segments. The Global Mobile Payment Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some…
