Contactless PoS Terminals Market Forecast And Analysis Till 2024

Contactless PoS Terminals Market will register a CAGR of 9% during 2020-2024. The market’s growth momentum will Accelerate.

increasing adoption of contactless payment software will be one of the major factors driving the growth of this market. Additionally, key Contactless PoS Terminals Market trends such as the Introduction of IoT and NFC-based contactless payment wearable devices will also influence market growth during the forecast period.

Contactless PoS Terminals Market Size

Get a FREE sample for more insights on the growth and the market share of various regions

During the forecast period, the Contactless PoS Terminals Market size will grow by $ 5.54 bn.

Contactless PoS Terminals Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Contactless PoS Terminals Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the rising threat from substitute payment systems will also challenge the growth of the companies.

Bluebird Inc. | Fiserv Inc. | Honeywell International Inc. | Ingenico Group SA | NCR Corp. | Newland Payment Technology | PAX Global Technology Ltd. | Spire Payments Ltd. | SZZT Electronics Shenzhen Co. Ltd.  | VeriFone Inc..list

are some of the companies covered in Technavio’s Contactless PoS Terminals Market report for 2020-2024.

Contactless PoS Terminals Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Contactless PoS Terminals Market.

The APAC will account for the largest Contactless PoS Terminals Market share and during 2020-2024, the region will contribute to 47% of the market’s growth.

In addition to regions and the key companies involved, Technavio’s Contactless PoS Terminals Market report also analyzes the market by Retail | Hospitality | APAC | North America | Europe | South America | MEA.