Report overview
The contactless payments with the help of the PIN terminal and a chip are the new trend which is preferred by the customers for making payments. The chip and antenna are embedded in the card which enables the customers to make payments by waving their cards or their smartphones over the reader machine present at the POS terminal.
This report aims to provide a comprehensive presentation of the global market for Contactless Payment Terminals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Contactless Payment Terminals. This report contains market size and forecasts of Contactless Payment Terminals in global, including the following market information:
Global Contactless Payment Terminals Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Contactless Payment Terminals Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Contactless Payment Terminals companies in 2022 (%)
The global Contactless Payment Terminals market was valued at US$ 10170 million in 2022 and is projected to reach US$ 25560 million by 2029, at a CAGR of 14.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Infrared Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Contactless Payment Terminals include Wirecard AG, On Track Innovations Ltd, ShopKeep, Clover Network Inc, Ingenico Group, Chip & PIN Solutions Ltd, Heartland Payment Systems Inc, Castles Technology and PoyntCo, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Contactless Payment Terminals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contactless Payment Terminals Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Contactless Payment Terminals Market Segment Percentages, by Type, 2022 (%)
Infrared
Near field communication
Bluetooth
Radio-frequency identification
Carrier-based mobile
Global Contactless Payment Terminals Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Contactless Payment Terminals Market Segment Percentages, by Application, 2022 (%)
Healthcare
BFSI
Retail
Transport
Others
Global Contactless Payment Terminals Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Contactless Payment Terminals Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contactless Payment Terminals revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Contactless Payment Terminals revenues share in global market, 2022 (%)
Key companies Contactless Payment Terminals sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Contactless Payment Terminals sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Wirecard AG
On Track Innovations Ltd
ShopKeep
Clover Network Inc
Ingenico Group
Chip & PIN Solutions Ltd
Heartland Payment Systems Inc
Castles Technology
PoyntCo
iZettle AB
internalDrive
Verifone
Outline of Major Chapters:
Chapter 1: Introduces the definition of Contactless Payment Terminals, market overview.
Chapter 2: Global Contactless Payment Terminals market size in revenue and volume.
Chapter 3: Detailed analysis of Contactless Payment Terminals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Contactless Payment Terminals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Contactless Payment Terminals capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.