Contactless PoS Terminal Market

The report offers detailed coverage of Contactless PoS Terminal industry and main market trends. A terminal with contactless functionality, supporting it to accept contactless payments, comprising payments from contactless chip cards, mobile NFC devices that are enabled with payment application and authorizations and dual interface chip cards. Contactless payment application exist in a point-of-sale (PoS) terminal in accordance with multiple application kernels, one of each supported payment network. The application kernels are developed and certified by the vendors who offer contactless PoS terminals. Contactless application kernels can be designed to support two different types of transactions: contactless Europay, MasterCard and Visa (EMV) chip transactions and contactless magnetic stripe data (MSD) transactions. The contactless EMV chip transaction supports enhanced functions and features including consumer device consumer verification mode (CVM).
A number of factors are contributing to the growth of global contactless PoS terminal market such as advancement in contactless payment technology, rising awareness of plastic money among the buyers, increasing frequency of purchases, and the need for fast transaction time without any hassle of long queues for payment. Contactless payment is further evolving, making itself a useful interface between the consumers, retailers, advertisers and marketers. Hence, contactless PoS terminals adoption is PoSitively impacted with all the above mentioned factors aiding the growth in revenue of global contactless PoS terminal market.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Contactless PoS Terminal by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Contactless PoS Terminal market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Contactless PoS Terminal market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.


First, this report covers the present status and the future prospects of the global Contactless PoS Terminal market for 2015-2027.

Key Companies
Cegid
NEC
MICROS Systems
Hewlett Packard
Cisco Systems
Samsung Electronics
Panasonic
Ingenico
Verifone Systems
Toshiba


At the same time, we classify Contactless PoS Terminal according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Hardware
Software

Market by Application
Retail
BFSI
Education And IT
Transportation And Logistics
Energy And Utility
Government
Defence
Healthcare
Hospitality
Others

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Contactless PoS Terminal market for the forecast period 2021 - 2027?
• What are the driving forces in the Contactless PoS Terminal market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Contactless PoS Terminal industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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