Global Contactless PoS Terminals Market 2018-2022: Market to Grow at a CAGR of 23.76% - Key Vendors are First Data, Ingenico Group, NCR, PAX Technology & Verifone

DUBLIN, Aug 14, 2018 /PRNewswire/ --

The "Global Contactless PoS Terminals Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The Global contactless PoS terminals market to grow at a CAGR of 23.76% during the period 2018-2022.

Global contactless PoS terminals market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry e-contactless PoS terminals experts. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the hardware sales of NFC-enabled PoS terminals.

According to the report, the increased adoption of contactless payment software applications will drive the market growth. Numerous manufacturers are offering several software applications suitable for smartphones that aid in making payments at contactless PoS terminals. Numerous large players such as Apple and Samsung are introducing their own contactless payment applications, consequently driving the growth potential for the increasing number of contactless payment applications in the market.

The introduction of IoT/NFC-based contactless payment wearable devices will be a key trend driving the market growth. In addition to smartphones and cards, manufacturers are introducing NFC-based wearable devices such as watches and rings to boost the use of NFC-based devices. Giants such as Apple and Samsung have introduced and incorporated various ontactless payment services into wearables.

Further, the report states that the rising threat from substitute payment systems will impact the market growth. Substitute payment systems include payment through e-wallet applications such as Microsoft Pay, Walmart Pay, and Chase Pay. These payments work efficiently without using the NFC technology and are compatible with traditional PoS systems, impacting the growth potential of contactless PoS terminals.

Key vendors

• First Data
• Ingenico Group
• NCR
• PAX Technology
• Verifone

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

PART 05: MARKET SIZING 2017-2022

PART 06: FIVE FORCES ANALYSIS

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

• Comparison by end-user
• Retail
  
• Hospitality
• Market opportunity by end-user

PART 09: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• Key leading countries
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

• Introduction of IoT/NFC-based contactless payment wearable devices
• Emerging MST technology
• Increasing adoption of cloud-based PoS terminals

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
  

For more information about this report visit https://www.researchandmarkets.com/research/cdm6tp/global?w=5

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