Market Research Report
Global EMV POS Terminals Market 2021-2025
|Global EMV POS Terminals Market 2021-2025|
Published: December 11, 2020
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the EMV POS terminals market and it is poised to grow by $ 4.28 bn during 2021-2025 progressing at a CAGR of 9% during the forecast period. Our report on EMV POS terminals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing penetration of contactless payments, large potential end-user base, and increased e-commerce transactions. In addition, increasing penetration of contactless payments is anticipated to boost the growth of the market as well.
The EMV POS terminals market analysis includes end-user segment and geographical landscapes.
Technavio's EMV POS terminals market is segmented as below:
By Geographical Landscapes
This study identifies the increasing number of mobile devices with NFC as one of the prime reasons driving the EMV POS terminals market growth during the next few years. Also, mobile phone OEMs coming up with magnetic secure transmission (MST) technology and big data management will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on EMV POS terminals market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading EMV POS terminals market vendors that include Brookfield Equinox LLC, Fiserv Inc., Ingenico Group SA, NCR Corp., Newland Payment Technology, PAX Global Technology Ltd., Shenzhen Xinguodu Technology Co. Ltd., SZZT Electronics Shenzhen Co. Ltd. , Telepower Communication Co. Ltd., and VeriFone Inc.. Also, the EMV POS terminals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.