About Contactless PoS Terminals
A POS terminal refers to a system that is used to facilitate easy and faster checkout for customers at different outlets. A standard POS system consists of a computer, monitor, cash drawer, receipt printer, barcode scanner, POS software, weight scale, and credit and debit card readers.
Technavio’s analysts forecast the global contactless PoS terminals market to grow at a CAGR of 25.64% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global contactless PoS terminals market for 2017-2021. To calculate the market size, the report considers the from the sales of contactless POS terminals, transaction fees, and other fees such as monthly fees charged by vendors on the merchants.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Contactless PoS Terminals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Ingenico
• PAX Technology
• SZZT Electronics
• Verifone Systems
Other prominent vendors
• CyberNet
• Equinox Payments
• First Data
• NCR
• Spire Payments
Market driver
• Increased number of card transactions
• For a full, detailed list, view our report
Market challenge
• Amount limit per transaction
• For a full, detailed list, view our report
Market trend
• Mobile phone OEMs coming up with magnetic secure transmission (MST) technology
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
• Definitions
• Base year and forecast period
• End-user segmentation
• Vendor selection criteria
• Geographical segmentation
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Contactless POS industry overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by end-user
• Market size and forecast
• Retail
• Hospitality
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
• Strong value position for users and merchants
• Increasing awareness for contactless payments and modes of payment
• Increased number of card transactions
• Presence of large smartphone OEMs in contactless payment software market
PART 10: Impact of drivers
PART 11: Market challenges
• Threat from cashless payment options
• Payment security issues and fraudulent activities
• Amount limit per transaction
• Misconceptions regarding EMV POS terminals
• Growing number of online transactions
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Increasing number of mobile devices with NFC
• Mobile phone OEMs coming up with magnetic secure transmission (MST) technology
• NFC-enabled smart rings
PART 14: Vendor landscape
• Competitive scenario
• Major vendors
• Other prominent vendors
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: MSMEs defined by number of employees
Exhibit 02: Major countries covered
Exhibit 03: Product offerings
Exhibit 04: Workflow of POS terminals
Exhibit 05: Global contactless POS terminals market overview
Exhibit 06: POS terminals transaction process
Exhibit 07: Ecosystem of contactless POS terminals
Exhibit 08: Contactless payment cap for a single transaction in key leading regions 2016
Exhibit 09: Supply chain
Exhibit 10: Counterfeit fraud liability shift
Exhibit 11: Lost/stolen fraud liability shift
Exhibit 12: Global contactless POS terminals market by revenue 2016-2021 ($ millions)
Exhibit 13: Global contactless POS terminals market by unit shipment 2016-2021 (units in millions)
Exhibit 14: Average selling price of contactless POS terminals 2016-2021 ($)
Exhibit 15: Five forces analysis
Exhibit 16: Global contactless POS terminals market by end-user 2016-2021
Exhibit 17: Global contactless POS terminals market by retail segment 2016-2021 ($ billions)
Exhibit 18: Global contactless POS terminals market by retail sector 2016-2021 ($ billions)
Exhibit 19: Global contactless POS terminals market by retail sector 2016 (% share)
Exhibit 20: Global contactless POS terminals market by hospitality segment 2016-2021 ($ billions)
Exhibit 21: Global contactless POS terminals market by geography 2016-2021 (% share)
Exhibit 22: Global contactless POS terminals market by geography 2016-2021 ($ billions)
Exhibit 23: Contactless POS terminals market in APAC 2016-2021 ($ billions)
Exhibit 24: Contactless POS terminals market in EMEA 2016-2021 ($ billions)
Exhibit 25: Contactless POS terminals market in Americas 2016-2021 ($ billions)
Exhibit 26: Key leading countries
Exhibit 27: Contactless payment systems using mobile devices 2016-2021
Exhibit 28: Available payment modes for contactless POS transactions 2016-2021 (units in billions)
Exhibit 29: Payment transaction methods used by consumers globally 2016 and 2020
Exhibit 30: Impact of drivers
Exhibit 31: Contactless payment limits for different regions
Exhibit 32: Impact of drivers and challenges
Exhibit 33: Number of mobile devices with NFC technology 2016-2021 (units in millions)
