According to a new report published by Allied Market Research, titled, "Outdoor Payment Terminal (OPT) Market," The outdoor payment terminal (opt) market was valued at $1.6 billion in 2022, and is estimated to reach $4.8 billion by 2032, growing at a CAGR of 11.8% from 2023 to 2032.
Increasing penetration of smartphones and rise in adoption of cloud-based OPTs and AI integration is boosting the growth of the global outdoor payment terminal (OPT) market. In addition, growing preference to non-cash transactions is positively impacts growth of the outdoor payment terminal (OPT) market. However, security issues and privacy concerns and high deployment and maintenance cost is hampering the outdoor payment terminal (OPT) market growth. On the contrary, rising adoption of OPT solutions among SMEs is expected to offer remunerative opportunities for expansion of the outdoor payment terminal (OPT) market during the forecast period.
The outdoor payment terminal (OPT) market is segmented on the basis of by type, application, and region. On the basis of type, the market is categorized into contact payment, and contactless payment. On the basis of application, the market is fragmented into refuel, carwash, malls, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the outdoor payment terminal (OPT) market are Apple Inc., Capgemini SE, dover fueling solutions, Finastra Group Holdings Limited, Gilbarco Inc, Invenco Group Ltd., Scheidt & Bachmann GmbH, Temenos AG, NCR Corporation, and Verifone, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
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Key Benefits For Stakeholders
- The study provides an in-depth analysis of the global outdoor payment terminal (OPT) market forecast along with the current and future trends to explain the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on global outdoor payment terminal (OPT) market trend is provided in the report.
- The Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2022 to 2032 is provided to determine the market potential.
Additional benefits you will get with this purchase are:
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Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)
- End user preferences and pain points
- Product Life Cycles
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- Market share analysis of players by products/segments
- Regulatory Guidelines
- Expanded list for Company Profiles
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- Market share analysis of players at global/region/country level
- SWOT Analysis
- Volume Market Size and Forecast
Key Market Segments
By Type
- Contact Payment
- Contactless Payment
By Application
- Refuel
- Carwash
- Malls
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- NCR Corporation
- Verifone, Inc
- Temenos AG
- Scheidt & Bachmann GmbH
- Gilbarco Inc
- Finastra Group Holdings Limited
- Invenco Group Ltd.
- Capgemini SE
- Apple Inc.
- Dover Fueling Solutions