Global Contactless PoS Terminals Market 2017-2021




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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.

Technavios 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:

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
PAX Technology
SZZT Electronics
Verifone Systems
Other prominent vendors
Equinox Payments
First Data
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 analysts 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
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

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