Global Payment Terminals Market Growth Trends and Competitive Analysis 2022-2027

According to a new research report "Contactless Payment Market by Solution (Payment Terminal, Mobile Payment, Transaction & Data Management, Security and Fraud Management), Service (Professional, Managed), Payment Mode (Mobile Handsets, Smart Cards), Vertical - Global Forecast to 2021", published by MarketsandMarkets™, the Contactless Payment Market size is expected to grow from USD 6.70 Billion in 2016 to USD 17.56 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.2% during the forecast period.Ask for Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1313 The major drivers of this market include reduction in queuing and transaction time, increased convenience in making low value payments, ease of technology integration with existing cards, increased average transaction value, better customer insights, improved service delivery, and increased revenue opportunity.Multi-channel payment and value-added services segment is expected to be the most promising segments during the forecast periodThe Contactless Payment Market has been segmented into solutions, services, payment mode, and verticals.

However, mobile handsets are fast picking up as the most preferred mode of payment in the developing countries of the world as these are more secure and convenient for the customers to make their payments.Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1313Presently, Europe contributes the maximum market share in the Contactless Payment MarketEurope is expected to hold the largest market share and dominate the Contactless Payment Market in 2016 due to technological advancement and increasing contactless smart card roll-outs in this region.

From 2016 to 2021, APAC is estimated to grow at the highest rate during this forecast period and is becoming a new hotspot for contactless payment vendors as a revenue generating region.

This growth is driven by increasing adoption of cloud-based contactless technology solutions in the region.The major vendors covered in the Contactless Payment Market for the study include Gemalto N.V., Giesecke & Devrient GmbH, Ingenico Group, VeriFone Systems Inc., Wirecard AG, Heartland Payment Systems Inc., INSIDE Secure, OTI, Oberthur Technologies SA, and Proxama PLC.MarketsandMarkets segments the Contactless Payment Market on the basis of solutions, services, payment mode, verticals, and region.

A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the security analytics market.About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.

Contactless payment Market:WiseGuyReports.com adds “Global Contactless payment Market Research Report 2020” reports to its database.Executive SummaryGlobal Contactless payment Market is valued approximately at USD 9.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 11.70% over the forecast period 2020-2026.The Contactless Payment is a protected method intended for the transaction of the payments done by credit cards, debit cards, smartphones, and others.

For instance, in January 2020, CPI Card Group unveiled dual interface metal cards that distinctively combine high-quality design and contactless capabilities.

Similarly, in October 2019, Mobeewave and IDEMIA prolonged their business to install safe mobile PoS and fare authentication across Australia.

However, high cost of deploying contactless payment technologies impedes the growth of the market over the forecast period of 2020-2026.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5272733-global-contactless-payment-market-size-study-by-componentThe regional analysis of global Contactless payment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.

Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.

Factors such as growing purchasing power along with increasing acceptance of this mode of payment would create lucrative growth prospects for the Contactless payment market across Asia-Pacific region.Major market player included in this report are:ACS (Advanced Card Systems) Ltd.Chip & Pin Solutions Ltd.Mifare Pty LimitedIngenico Inc.Gemalto N.V.Verifone Systems Inc.Heartland Payment Systems Inc.On Track Innovations Ltd.Castles Technology Co. Ltd.Bindo Labs Inc.The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.

According to a new market research report "Contactless Payment Market by Component (Hardware (PoS and Cards), Solutions, and Services (Consulting, Integration and Deployment, and Support and Maintenance)), Vertical (Retail and hospitality), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the contactless payment market size expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.

The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card.

With the increasing integration of contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown tremendously across all the countries.Browse in-depth TOC on "Contactless Payment Market”106- Tables 34- Figures 154 PagesRequest PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1313Based on component, the hardware segment to account for the largest market size during the forecast periodThis section studies the contactless payment hardware portfolio.

Contactless payments are about wave and pay payments.

System integration services include project management, designing, engineering, procurement, testing, installation, commissioning, and after-sales services.

These services enable the effective and smooth running of processes at reduced costs while maintaining their operational environment for end users.Among regions, Europe to account for the highest market share during the forecast periodThe contactless payment market in Europe is the largest in terms of market size and is highly fragmented based on multi-currencies and multi-languages.

28th September, 2018 - Contactless Payment Transaction Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types, and its applications are increasing across the globe.

Contactless Payment Transaction is becoming a significant part of the payments procedure in several industries.

Customers along with businesses are quickly accepting numerous ways that are extremely convenient and safe for the payment of their purchase via contactless procedures comprising contactless card (RFID/NFC), dedicated contactless mobile payment apps, and contactless wearable devices, by making use of the NFC or RFID skills.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/contactless-payment-transaction-market/request-sampleContactless Payment Transaction Market is categorized based on the mode of payment, end users, and geography.

Contactless Payment Transaction Industry is categorized based on the mode of payment such as Contactless Mobile Payment, Contactless Card (NFC/RFID), Wearable Devices.

This market is categorized based on end users into Transport, Healthcare, Hospitality, Media & Entertainment, Retail, Others.

Asia-Pacific has been at the forefront with regards to Contactless Payment Transaction Market and will continue to rule the roost in the years to come.

According to the new market research report by IndustryARC titled “Contactless Payment Market:  By Solution (Payment Terminal, Mobile Payment, Transaction & Data Management, Security and Fraud Management); By Service (Professional, Managed); By Payment Mode (Mobile Handsets, Smart Cards);  & By Region - Forecast(2018 – 2023) ,” the market will be driven by the convenience in making low value payments and improved service delivery.

North America and Asia Pacific follow suit.

The growth of the contactless payment in North America is due to growing adoption of cloud based contactless technology solutions.Selected Regulatory Analysis Done in the Full Report:The contactless smart cards have a major share in the contactless payment modes.

This segment will have excellent opportunities in the Contactless Payment Market during the forecast period.Selected Driving Factors Mentioned in the Full Report:• Innovations in technologies such as Internet of things boosts the growth of contactless card machines.

• Growing demand for speedy transactions, especially in the retail and transport sector will propel the demand for contactless       payment systems.

• Growing awareness of plastic money among the buyers will enhance the growth of contactless payment.Key Players of the Contactless Payment Market:The key players of the Contactless payment market include Gemalto NV, Ingenico Group, and Verifone Systems, Inc..Gemalto offers contactless transactions for customers in the form of contactless cards, mobiles, and wristbands.Related Report:A. FinTech Markethttps://industryarc.com/Report/18381/fintech-market.htmlB.

The Global Contactless Payment Market is an emerging market in the ICT Media sector at present years.

The Global Contactless Payment Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players.

Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.Global contactless payment market size was US$ 1,493.2 billion in 2020 and expected to reach US$ 5,490.2 million by 2027; this converts into a compound annual growth rate (CAGR) of 21.1% for the forecast period.

The report contains some of the valuable information with regards to their outlook, in terms of their finances, product portfolios, investment plans, and business and marketing strategies.

Moreover, the report also comprises of the SWOT analysis, a business overview, and revenue generation information of the industry pioneers in the Global Contactless Payment Market.Get a sample copy of research study @ https://www.alltheresearch.com/sample-request/696Scope of the report:The Global Contactless Payment Market report provides an overview of the Contactless Payment industry by studying various key segments and sub-segments, on the basis of specification, application, end-users, and geography.

The geographical analysis of the Global Contactless Payment Market is on a global and regional scale, the result of which is used to evaluate the performance of the global market over the forecast period.Some of the key players operating in the global contactless payment market includes: Gemalto N.V., Giesecke & Devrient GmbH, Visa Inc., Heartland Payment Systems, Verifone Systems Inc., Ingenico Group SA, On Track Innovations (OTI) Ltd, IDEMIA, Thales Group, Wirecard AG among others.

The global contactless payment transaction market is predicted in a report by Transparency Market Research (TMR) to witness a high level of competition among manufacturers.

The report also notes that there could be a significantly aggressive seller scene observed in the market due to the entry of large and small players.

The market is expected to find intense rivalry within different end-use industries on the part of contactless payment transaction.

Top market leaders such as Ingenico Group, Gemalto N.V., and Barclays could make their presence known in the industry.TMR prognosticates the global contactless payment transaction market to rise at a 55.5% CAGR between 2017 and 2025 to be valued at an US$801.4 bn by the final forecast year.

View exclusive Global strategic Business report - https://www.transparencymarketresearch.com/contactless-payments-market.htmlGrowing Interest in Fast Transactions Amplifies Demand in Retail and TransportationIncreasing use of mobile phone supporting the rise in interest in fast transactions, especially in the retail and transportation industries, is foreseen to improve the growth of the world contactless payment transaction market.

This could be evidenced by magnetic secure transmission developed by Samsung.

The pay at the table solution can help you increase the efficiency of the staff of the restaurant.

Get ready to learn more.

Contactless Payment Market report added by Value Market Research, offering growth, trends, and forecast for each segment along with regional and country analysis.

The study has done with respect to market share, size, outlook, estimation and forecast period 2021-2027.

Further, this report also highlights the regional and country-level market analysis.The contactless payment market is vast, with many local and global players.

the key leaders follow different strategies to improve their market position, such as contracts, mergers, contracts, extending product portfolio, acquisitions, expansions, and product innovations to improve their market share globally.

For instance, In October 2019, IDEMIA and Mobeewave expanded their partnership to install secure mobile PoS and fare validation in Australia.

The key players included in the report are Gemalto, Heartland Payment Systems, Inc., Visa Inc., Verifone, Giesecke & Devrient GmbH, Ingenico Group SA, IDEMIA, Wirecard AG., On Track Innovations Ltd., and Thales Group.Get more information on "Global Contactless Payment Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/contactless-payment-market/download-sampleMarket SegmentationThe entire horse riding apparel market has been sub-categorized into device, solution, application, and region.

The report provides a detailed and extensive analysis on global Contactless Payment Market by Fast.MR Market Research , that can be used to obtain a thorough understanding of the Contactless Payment Industry, including the latest developments in the studied market .The report mainly studies the market size of Contactless Payment Products/Services, recent trends and status of growth, as well as investment opportunities, market dynamics (such as growth drivers, restraints), and industry news updates (such as mergers, acquisitions, and investments).The efficiency of the product/service will be further optimized by technical advancement and development, making it more broadly used in downstream applications.Our research analysts have carefully examined both the positive and negative factors affecting the Contactless Payment Market.

The current pandemic situation of COVID-19 has adversely affected the market, our analysts have covered- up all possible impacts of it that is going to affect the Contactless Payment Market during post COVID-19 period.

The qualitative approach which is an exploratory approach and uses activities such as focus groups, in-depth interviews and Ethnographic research – which involves participant observation as part of field research and the quantitative approach uses objective measurements and numerical analysis of data that is collected through research methods such as surveys, polls and questionnaires.Access Sample Report With Detail Analysis COVID -19 @ https://www.fastmr.com/request-s/260Market Segmentation:The research offers a comprehensive analysis of global Contactless Payment Market with respect to following sub-markets:By Payment Mode:- Mobile Handsets- Smartcards- OthersBy Solution:- Contactless Mobile Payment- Transaction Management- Payment Terminal- Device Management- Hosted Point of Sale- OthersBy Technology:- Radio-frequency Identification (RFID)- Host Card Emulation (HCE)- Near-field Communication (NFC)- OthersBy Industry Vertical:- Banking, Financial Services and Insurance (BFSI)- IT & Telecom- Hospitality- Retail- Government- Transportation- OthersRegional Analysis:-North America (U.S. & Canada).-Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of   Europe).-Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific).-Latin America (Brazil, Mexico, and Rest of Latin America).-Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).Aim of the study:The study provides a detailed competitive landscape along with comprehensive analysis of product line, product innovation, technological development, business models, market share and size of global Contactless Payment Market.

The report covers a study of recent industry trends, including product releases, mergers, acquisitions, alliances, joint ventures and collaborations.

The study provides a futuristic understanding of business scenario for the 2019-2025 forecast period.Leading players of Contactless Payment Market are as follows:The market research report provides analysis of major & niche key market players in global Contactless Payment Market based on their sales & revenue, market served, products, regional growth, and other factors.

In addition to this, the report also profiles various major & niche key market players in the market –Infineon Technologies AGGemaltoWirecard AGGiesecke+DevrientIDEMIAVeriFone Holdings, Inc.Setomatic SystemsIdentivOn Track InnovationsBitelOther Major & Niche PlayersThe Following are the Key Features of Global Contactless Payment Market Report:-Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis-Growth Drivers and Barriers, Market Trends & Market Opportunities-Porter’s Five Forces Analysis & Trade Analysis-Market Forecast Analysis for 2019-2025-Market Segments by Geographies and Countries-Market Segment Trend and Forecast-Market Analysis and Recommendations-Price Analysis-Key Market Driving Factors-Contactless Payment Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.Browse Full Report With Detail Analysis With COVID -19 Impact @ https://www.fastmr.com/report/260/contactless-payment-marketKey Questions Answered-What is the impact of Covid-19 on Global Contactless Payment Market and strategies for recovery?-What are the new trends influencing the growth of Contactless Payment Market?