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2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Unattended Terminals Market?
The increasing penetration of smartphones is expected to drive the growth of the unattended terminal market. Smartphones combine communication and computing functions, enhancing connectivity and accessibility. For instance, in February 2024, Uswitch Limited reported 71.8 million mobile connections in the UK, a 3.8% increase from 2021. With 95% smartphone ownership expected by 2025, the growing smartphone penetration is fueling the unattended terminal market’s expansion.
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#What is the Anticipated CAGR of theUnattended Terminals Market, and What Factors Will Drive It?
The unattended terminals market size has grown quickly in recent years. It is expected to increase from $1.58 billion in 2024 to $1.76 billion in 2025, at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period is due to the expansion of e-commerce, increased smartphone integration, rising demand for contactless payments, growth in data analytics, and developments in the healthcare industry.
The unattended terminals market is set to grow to $2.69 billion by 2029, expanding at a CAGR of 11.2%. Growth is driven by the retail industry’s expansion, the rise of smart cities, the increase in digital payments, a shift towards consumer convenience, and faster checkout processes. Trends in the forecast period include the adoption of contactless payments, AI-powered customer interaction, mobile app integration, multi-language support, and the growth of smart city technologies.
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What Are the Most Significant Market Trends Transforming theUnattended Terminals Market?
Companies in the unattended terminal market are developing technologies like high-resolution displays to improve user experience and transaction efficiency. For example, in September 2024, PAX, a US-based company, launched the PAX A920MAX, a device with 5G Wi-Fi, Bluetooth 5.0, and Android 10, designed to enhance transaction speeds and multitasking, aiming to provide faster and more efficient customer service.
What Are the Top Market Players Propelling the Growth of theUnattended Terminals Industry?
Major companies operating in the unattended terminals market are Zebra Technologies Corp., Worldline S.A., Euronet Worldwide Inc., Advantech Co. Ltd., ACI Worldwide, Adyen, Gilbarco Inc., Ingenico, PAX Technology, Fujian Newland Payment Technology Co. Ltd., VeriFone Inc., Castles Technology, SZZT Electronics Co. Ltd., Nayax, Scheidt & Bachmann GmbH, Invenco Group Ltd., BBPOS Limited, Payter, Unattended Card Payments Inc., Paralan Corporation, PayRange Inc., Electronic Cash Systems
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Which Primary Segments of the Unattended Terminals Market Are Driving Growth and Industry Transformations?
The unattended terminals market covered in this report is segmented –
1) By Type: Contact-Based, Contactless
2) By Installation Type: Outdoor, Indoor
3) By Application: Refuel, Carwash, Malls, Other Applications
Subsegments:
1) By Contact-Based: Smart Card Terminals, Magnetic Stripe Card Terminals, Chip-And-PIN Terminals
2) By Contactless: NFC (Near Field Communication) Terminals, RFID (Radio Frequency Identification) Terminals, Mobile Payment Terminals
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Unattended Terminals Market?# Market?
North America was the largest region in the unattended terminals market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unattended terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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