The Business Research Company’s report goes into great detail on the contactless payment terminals market size and growth, contactless payment terminals market regional analysis, contactless payment terminals market competitive landscape, and other critical information needed to excel in the contactless payment terminals industry.

Major players in the contactless payment terminals market include MasterCard Inc., Visa Inc., Giesecke And Devrient GmbH, Google Inc., Apple Inc., Samsung Electronics Co. Ltd., PayPal Holdings Inc., Amazon Inc., Heartland Payment Systems, Verifone Systems Inc., Ingenico Group SA, Oberthur Technologies Morpho, Thales Group, Wirecard AG and OTI Global.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global contactless payment terminals market size is expected to grow from $16.25 billion in 2021 to $19.74 billion in 2022 at a compound annual growth rate (CAGR) of 21.4%. The contactless payment terminal market size is expected to grow to $43.42 billion in 2026 at a CAGR of 21.8%.

Western Europe was the largest region in the contactless payment terminals market in 2021.

The contactless payment terminals market consists of the sales of contactless payment products and services by entities (organizations, partnerships, and sole proprietors) that facilitates a secure payment method utilizing a debit or credit card, smartcard, or another payment machine by using RFID technology and near-field communication. Contactless payment terminals are devices that facilitate electronic fund transfer in a contactless manner. To use the system, a customer taps his or her payment card near a terminal that is equipped with the technology.

The increasing popularity of contactless payments has been a major driving factor for the contactless payment terminals market.

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Technological advancements are shaping the contactless payment terminals market. Companies in the market are focusing on developing payment platforms that are better, efficient and also increase penetration and reach of contactless payments.

TBRC’s global contactless payment terminals market report is segmented:
By Device Type: Smartphones and Wearables, Smart Cards, Point-of-Sale (POS) Terminals

By Solution Outlook: Payment Terminal Solution, Transaction Management, Security and Fraud Management, Hosted Point-of-Sales, Analytics

By Payment Mode: Account-Based, Credit/Debit Card, Stored Value, Smart Card, Others

By Application: Food and Groceries, Pharmacy and Drug Stores, Restaurants and Bars, Consumer Electronics, Media and Entertainment, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Contactless Payment Terminals Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the contactless payment terminals market globally and regionally, analyzes and forecasts market size, share, contactless payment terminals market players, contactless payment terminals market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Payments Global Market Report 2022

Digital Payments Global Market Report 2022

Mobile Payment Technologies Global Market Report 2022

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