NFC POS Terminal Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product Type (Mobile and Fixed) and Application (Entertainment, Healthcare, Hospitality, Retail, and Others), and Geography

Publication Month: Feb 2021 | Report Code: TIPTE100001222 | No. of Pages: 140 | Category: Electronics and Semiconductor | Status: Published
Covid

The NFC POS terminal market was valued at US$ 3,390.47 million in 2019 and is expected to reach US$ 11,503.09 million by 2027; it is estimated to grow at a CAGR of 16.8% during 2020–2027.

 

Geographically, in 2019, North America led the global NFC POS terminal market with more than 30% revenue share, followed by APAC and Europe. The rising use of NFC-enabled smartphones is accelerating the use of NFC POS terminals for payments in industries such as retail and healthcare in the region. The rising number of department stores in the US and growing demand for advanced technologies with an objective to gather real-time information is also surging the market in North America. The rising security concerns due to cyberattacks and increasing government initiative are factors contributing to the growth of NFC POS terminal market in the region.

 

Impact of COVID-19 Pandemic on NFC POS Terminal Market

The US is the worst affected country due to COVID-19 outbreak across the world, thereby influencing the high adoption of online shopping across the country. For instance, according to studies, Amazon recorded an increase in sales by 37% owing to the pandemic in 2020. It is becoming apparent with the COVID-19 pandemic spreading across the US that a few can escape its scope, presenting significant challenges to all industries. The closedown of all retail outlets by the government authorities coupled with the social distancing norms laid down by them is negatively affecting the investments by retail outlets on any kind of technological advancements. For instance, the sales of online grocery segment across the US, recorded an increase by 210.1% due to the pandemic. This rising online sales of consumables are decreasing the dependency of the region’s population on brick and mortar stores, which is restraining the growth of the NFC POS terminal market.  

 

Lucrative Regions for NFC POS Terminal Market

Lucrative Regions for NFC POS Terminal Market

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Market Insights - NFC POS Terminal Market

 

Increasing Preference for NFC-Compatible Smartphones for Payment among Global Population Fueling NFC POS Terminal Market Growth

While Near Field Communication or NFC, jointly by Philips and Sony, was developed in the mid-2000s, the technology has evolved for various use cases over the years. Smartphone penetration is at an all-time high, with 3.4 billion active smartphones in the world today. There are 2 billion devices that can be NFC-enabled, mostly tablets. One of the key factors contributing to the NFC POS terminal market growth is increase in the penetration of NFC-based mobile handsets. Increasing use of NFC-enabled smartphones is likely to improve the use of NFC POS terminals in the transportation, retail, and healthcare industries for payments and digital exchange. Use of NFC payment infrastructure and popularity of NFC as a preferred payment mode for customers globally is thus fueling the growth of the market.

 

The NFC POS terminal market is seeing a rise in penetration of NFC POS terminals for ticketing transactions in the transportation field. Customer tendency to use NFC-enabled smart cards in automated fare collections is likely to fuel the growth of the NFC POS terminal market. In order to achieve short-range communication between electronic devices, the NFC technology offers high compatibility among platforms for easier and simpler transaction processes.

 

Product Type -Based Insights - NFC POS Terminal Market

Based on product type, the NFC POS terminal market is bifurcated into mobile and fixed. Rising usage of payments through credit or debit card with NFC technology is driving the market. The fixed segment led the NFC POS terminal market with a market share of 57.7% in 2019. Fixed type is the traditional POS system deployed on counters or reception areas. It is complex in nature and requires continuous power supply.

 

NFC POS Terminal Market, by Product Type – 2019 and 2027

NFC POS Terminal Market, by Product Type – 2019 and 2027

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Application -Based Insights - NFC POS Terminal Market

Based on application, the NFC POS terminal market is segmented into entertainment, healthcare, hospitality, and retail. Several industries are moving toward streamlined transaction procedures and are integrating POS to provide a unique, interactive, and personalized solution to their customers. Further, rising investments in advanced technology is expected to play a crucial part in accelerating the demand for NFC POS during the forecast period.

 

Strategic Insights

The NFC POS terminal market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

 

  • In 2019, Castles Technology Co., Ltd (one of the leading POS provides) acquired Spire Payments—one of the leading European EFTPOS terminal solutions provider.
  • In 2018, Equinox Payments LLC launched Luxe 3300a, a hand held PIN pad POS terminal which is PCI 5.x certified based on company’s company’s Luxe operating system and capable of processing NFC contactless payment.

 

NFC POS Terminal Market – by Product Type

  • Mobile
  • Fixed

 

NFC POS Terminal Market – by Application

  • Entertainment
  • Healthcare
  • Hospitality
  • Retail
  • Others

 

NFC POS Terminal Market - Companies Profiles

  • Castles Technology Co., Ltd
  • Equinox Payments LLC
  • Clover Network, Inc
  • Heartland Payroll Solutions, Inc
  • VeriFone, Inc
  • Fiserv, Inc.
  • PAX Global Technology Limited
  • Ingenico Group S.A
  • NEC Corporation
  • SZZT Electronics Shenzhen Co., Ltd

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        NFC POS Terminal Market – By Product Type

1.3.2        NFC POS Terminal Market – By Application

1.3.3        NFC POS Terminal Market – By Geography

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             NFC POS Terminal Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        Asia Pacific

4.2.4        Middle East and Africa

4.2.5        South America

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             NFC POS Terminal Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Rising Adoption of NFC POS Solutions in Retail Sector

5.1.2        Increasing Preference for NFC-Compatible Smartphones for Payment Among Global Population

5.2       Market Restraints

5.2.1        Concerns Associated with Installation Cost and Transaction Limit

5.3       Market Opportunities

5.3.1        Increasing Adoption of Contactless Payment

5.4       Future Trends

5.4.1        Increase in Mobile Payments Worldwide

5.5       Impact Analysis of Drivers and Restraints

6.             NFC POS Terminal market – Global Analysis

6.1       NFC POS Terminal market Global Overview

6.2       NFC POS Terminal market – Revenue and Forecast to 2027 (US$ Million)

6.3       Global Market Positioning – Five Key Players

7.             NFC POS Terminal Market Analysis – By Product Type

7.1       Overview

7.2       NFC POS Terminal market Breakdown, by Product Type, 2019 & 2027

7.3       Mobile

7.3.1        Overview

7.3.2        Mobile: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

7.4       Fixed

7.4.1        Overview

7.4.2        Fixed: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

8.             NFC POS Terminal Market Analysis – By Application

8.1       Overview

8.2       NFC POS Terminal Market, by Application(2019 and 2027)

8.3       Entertainment

8.3.1        Overview

8.3.2        Entertainment: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

8.4       Healthcare

8.4.1        Overview

8.4.2        Healthcare: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

8.5       Hospitality

8.5.1        Overview

8.5.2        Hospitality: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

8.6       Retail

8.6.1        Overview

8.6.2        Retail: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

8.7       Others

8.7.1        Overview

8.7.2        Others: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.             NFC POS Terminal Market – Geographic Analysis

9.1       Overview

9.2       North America: NFC POS Terminal Market

9.2.1        Overview

9.2.2        North America: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.2.3        North America: NFC POS Terminal Market, by Product Type

9.2.4        North America: NFC POS Terminal Market, by Application

9.2.5        North America: NFC POS Terminal Market, by Key Country

9.2.5.1      US: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.2.5.1.1       US: NFC POS Terminal Market, by Product Type

9.2.5.1.2       US: NFC POS Terminal Market, by Application

9.2.5.2      Canada: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.2.5.2.1       Canada: NFC POS Terminal Market, by Product Type

9.2.5.2.2       Canada: NFC POS Terminal Market, by Application

9.2.5.3      Mexico: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.2.5.3.1       Mexico: NFC POS Terminal Market, by Product Type

9.2.5.3.2       Mexico: NFC POS Terminal Market, by Application

9.3       Europe: NFC POS Terminal Market

9.3.1        Overview

9.3.2        Europe: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.3.3        Europe: NFC POS Terminal Market, by Product Type

9.3.4        Europe: NFC POS Terminal Market, by Application

9.3.5        Europe: NFC POS Terminal Market, by Key Country

9.3.5.1      Germany: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.1.1       Germany: NFC POS Terminal Market, by Product Type

9.3.5.1.2       Germany: NFC POS Terminal Market, by Application

9.3.5.2      France: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.2.1       France: NFC POS Terminal Market, by Product Type

9.3.5.2.2       France: NFC POS Terminal Market, by Application

9.3.5.3      Italy: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.3.1       Italy: NFC POS Terminal Market, by Product Type

9.3.5.3.2       Italy: NFC POS Terminal Market, by Application

9.3.5.4      UK: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.4.1       UK: NFC POS Terminal Market, by Product Type

9.3.5.4.2       UK: NFC POS Terminal Market, by Application

9.3.5.5      Russia: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.5.1       Russia: NFC POS Terminal Market, by Product Type

9.3.5.5.2       Russia: NFC POS Terminal Market, by Application

9.3.5.6      Rest of Europe: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.3.5.6.1       Rest of Europe: NFC POS Terminal Market, by Product Type

9.3.5.6.2       Rest of Europe: NFC POS Terminal Market, by Application

9.4       APAC: NFC POS Terminal Market

9.4.1        Overview

9.4.2        APAC: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.4.3        APAC: NFC POS Terminal Market, by Product Type

9.4.4        APAC: NFC POS Terminal Market, by Application

9.4.5        APAC: NFC POS Terminal Market, by Key Country

9.4.5.1      Australia: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.1.1       Australia: NFC POS Terminal Market, by Product Type

9.4.5.1.2       Australia: NFC POS Terminal Market, by Application

9.4.5.2      China: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.2.1       China: NFC POS Terminal Market, by Product Type

9.4.5.2.2       China: NFC POS Terminal Market, by Application

9.4.5.3      India: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.3.1       India: NFC POS Terminal Market, by Product Type

9.4.5.3.2       India: NFC POS Terminal Market, by Application

9.4.5.4      Japan: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.4.1       Japan: NFC POS Terminal Market, by Product Type

9.4.5.4.2       Japan: NFC POS Terminal Market, by Application

9.4.5.5      South Korea: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.5.1       South Korea: NFC POS Terminal Market, by Product Type

9.4.5.5.2       South Korea: NFC POS Terminal Market, by Application

9.4.5.6      Rest of APAC: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.4.5.6.1       Rest of APAC: NFC POS Terminal Market, by Product Type

9.4.5.6.2       Rest of APAC: NFC POS Terminal Market, by Application

9.5       MEA: NFC POS Terminal Market

9.5.1        Overview

9.5.2        MEA: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.5.3        MEA: NFC POS Terminal Market, by Product Type

9.5.4        MEA: NFC POS Terminal Market, by Application

9.5.5        MEA: NFC POS Terminal Market, by Key Country

9.5.5.1      South Africa: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.5.5.1.1       South Africa: NFC POS Terminal Market, by Product Type

9.5.5.1.2       South Africa: NFC POS Terminal Market, by Application

9.5.5.2      Saudi Arabia: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.5.5.2.1       Saudi Arabia: NFC POS Terminal Market, by Product Type

9.5.5.2.2       Saudi Arabia: NFC POS Terminal Market, by Application

9.5.5.3      UAE: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.5.5.3.1       UAE: NFC POS Terminal Market, by Product Type

9.5.5.3.2       UAE: NFC POS Terminal Market, by Application

9.5.5.4      Rest of MEA: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.5.5.4.1       Rest of MEA: NFC POS Terminal Market, by Product Type

9.5.5.4.2       Rest of MEA: NFC POS Terminal Market, by Application

9.6       SAM: NFC POS Terminal Market

9.6.1        Overview

9.6.2        SAM: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.6.3        SAM: NFC POS Terminal Market, by Product Type

9.6.4        SAM: NFC POS Terminal Market, by Application

9.6.5        SAM: NFC POS Terminal Market, by Key Country

9.6.5.1      Brazil: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.6.5.1.1       Brazil: NFC POS Terminal Market, by Product Type

9.6.5.1.2       Brazil: NFC POS Terminal Market, by Application

9.6.5.2      Argentina: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.6.5.2.1       Argentina: NFC POS Terminal Market, by Product Type

9.6.5.2.2       Argentina: NFC POS Terminal Market, by Application

9.6.5.3      Rest of SAM: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

9.6.5.3.1       Rest of SAM: NFC POS Terminal Market, by Product Type

9.6.5.3.2       Rest of SAM: NFC POS Terminal Market, by Application

10.          Impact of COVID-19 Pandemic on Global NFC POS Terminal Market

10.1    North America: Impact Assessment of COVID-19 Pandemic

10.2    Europe: Impact Assessment of COVID-19 Pandemic

10.3    Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.4    Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.5    South America Impact Assessment of COVID-19 Pandemic

11.          Industry Landscape

11.1    Overview

11.2    Market Initiative

11.3    Merger and Acquisition

12.          Company Profiles

12.1    Castles Technology Co., Ltd

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2    Equinox Payments LLC

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3    Clover Network, Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4    Heartland Payroll Solutions, Inc.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5    VeriFone, Inc.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6    Fiserv, Inc.

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7    PAX Global Technology Limited

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8    Ingenico Group S.A.

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9    NEC Corporation

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10 SZZT Electronics Shenzhen Co., Ltd.

12.10.1   Key Facts

12.10.2   Business Description

12.10.3   Products and Services

12.10.4   Financial Overview

12.10.5   SWOT Analysis

12.10.6   Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Word Index

LIST OF TABLES

Table 1.             NFC POS Terminal market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             North America: NFC POS Terminal Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 3.             North America: NFC POS Terminal Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 4.             US: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 5.             US: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 6.             Canada: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 7.             Canada: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Mexico: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Mexico: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 10.          Europe: NFC POS Terminal Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)

Table 11.          Europe: NFC POS Terminal Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Germany: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 13.          Germany: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 14.          France: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 15.          France: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 16.          Italy: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 17.          Italy: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 18.          UK: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 19.          UK: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 20.          Russia: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 21.          Russia: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 22.          Rest of Europe: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 23.          Rest of Europe: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 24.          APAC: NFC POS Terminal Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 25.          APAC: NFC POS Terminal Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 26.          Australia: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 27.          Australia: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 28.          China: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 29.          China: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 30.          India: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 31.          India: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 32.          Japan: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 33.          Japan: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 34.          South Korea: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 35.          South Korea: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 36.          Rest of APAC: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 37.          Rest of APAC: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 38.          MEA: NFC POS Terminal Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 39.          MEA: NFC POS Terminal Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 40.          South Africa: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 41.          Saudi Arabia: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 42.          Saudi Arabia: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 43.          UAE: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 44.          UAE: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 45.          Rest of MEA: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 46.          Rest of MEA: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 47.          SAM: NFC POS Terminal Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 48.          SAM: NFC POS Terminal Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 49.          Brazil: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 50.          Brazil: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 51.          Argentina: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 52.          Argentina: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 53.          Rest of SAM: NFC POS Terminal Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 54.          Rest of SAM: NFC POS Terminal Market, by Application –Revenue and Forecast to 2027 (US$ Million)

LIST OF FIGURES

Figure 1.           NFC POS Terminal Market Segmentation

Figure 2.           NFC POS Terminal Market Segmentation – By Geography

Figure 3.           Global NFC POS Terminal Market Overview

Figure 4.           NFC POS Terminal Market by Product  Type

Figure 5.           NFC POS Terminal Market by Application

Figure 6.           NFC POS Terminal Market by Geography

Figure 7.           North America: PEST Analysis

Figure 8.           Europe: PEST Analysis

Figure 9.           APAC: PEST Analysis

Figure 10.        MEA: PEST Analysis

Figure 11.        SAM: PEST Analysis

Figure 12.        NFC POS Terminal market Ecosystem Analysis

Figure 13.        NFC POS Terminal market Expert Opinion

Figure 14.        NFC POS Terminal Market Impact Analysis of Drivers and Restraints

Figure 15.        Geographic Overview of NFC POS Market

Figure 16.        NFC POS Terminal market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        NFC POS Terminal market Breakdown, by Product Type (2019 and 2027)

Figure 18.        Mobile: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Fixed: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        NFC POS Terminal Market Revenue Share, by Application (2019 and 2027)

Figure 21.        Entertainment: NFC POS Terminal – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Healthcare: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        Hospitality: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Retail: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        Others: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        NFC POS Terminal Market Revenue Share, By Region (2019 and 2027)

Figure 27.        North America: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        North America: NFC POS Terminal Market Revenue Share, by Product Type (2019 and 2027)

Figure 29.        North America: NFC POS Terminal Market Revenue Share, by Application (2019 and 2027)

Figure 30.        North America: NFC POS Terminal Market Revenue Share, by Key Country (2019 and 2027)

Figure 31.        US: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Canada: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.        Mexico: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 34.        Europe: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 35.        Europe: NFC POS Terminal Market Revenue Share, by Product Type (2019 and 2027)

Figure 36.        Europe: NFC POS Terminal Market Revenue Share, by Application (2019 and 2027)

Figure 37.        Europe: AI in computer Vision Market Revenue Share, by Key Country (2019 and 2027)

Figure 38.        Germany: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 39.        France: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 40.        Italy: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 41.        UK: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 42.        Russia: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 43.        Rest of Europe: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 44.        APAC: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 45.        APAC: NFC POS Terminal Market Revenue Share, by Product Type (2019 and 2027)

Figure 46.        APAC: NFC POS Terminal Market Revenue Share, by Application (2019 and 2027)

Figure 47.        APAC: NFC POS Terminal Market Revenue Share, by Key Country (2019 and 2027)

Figure 48.        Australia: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 49.        China: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 50.        India: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 51.        Japan: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 52.        South Korea: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 53.        Rest of APAC: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 54.        MEA: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 55.        MEA: NFC POS Terminal Market Revenue Share, by Product Type (2019 and 2027)

Figure 56.        MEA: NFC POS Terminal Market Revenue Share, by Application (2019 and 2027)

Figure 57.        MEA: NFC POS Terminal Market Revenue Share, by Key Country (2019 and 2027)

Figure 58.        South Africa: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 59.        Saudi Arabia: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 60.        UAE: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 61.        Rest of MEA: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 62.        SAM: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 63.        SAM: NFC POS Terminal Market Revenue Share, by Product Type (2019 and 2027)

Figure 64.        SAM: NFC POS Terminal Market Revenue Share, by Application (2019 and 2027)

Figure 65.        SAM: NFC POS Terminal Market Revenue Share, by Key Country (2019 and 2027)

Figure 66.        Brazil: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 67.        Argentina: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 68.        Rest of SAM: NFC POS Terminal Market – Revenue and Forecast to 2027 (US$ Million)

Figure 69.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 70.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 71.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 72.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 73.             Impact of COVID-19 Pandemic in South America Country Markets

 

The List of Companies - NFC POS Terminal Market

  1. Castles Technology Co., Ltd
  2. Equinox Payments LLC
  3. Clover Network, Inc.
  4. Heartland Payroll Solutions, Inc.
  5. VeriFone, Inc.
  6. Fiserv, Inc.
  7. PAX Global Technology Limited
  8. Ingenico Group S.A.
  9. NEC Corporation
  10. SZZT Electronics Shenzhen Co., Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global NFC POS terminal market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global NFC POS terminal market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

 

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Frequently Asked Questions

The growth of the NFC POS terminal market is primarily attributed rising adoption of NFC POS Solutions in retail sector. Moreover, increasing preference for NFC-Compatible smartphones for payment among global population, thereby substantially driving the NFC POS terminal market.

The NFC technology makes it possible for devices to interact within a 4-cm radius. Using certificates, tags or even stickers, these transactions can be completed. This is influencing the adoption of contactless payment across both developed and developing countries, such as the US, the UK, Germany, France, China, and Australia. This is influencing the adoption of NFC POS systems across retail outlets to offer variety of payment options to the customers. Thus, the above-mentioned factors are expected to influence the growth of the market over the years.

The NFC POS terminal market is led fixed segment with highest share and is expected to dominate in the forecast period. Fixed type is the traditional POS system deployed on counters or reception areas. It is complex in nature and it requires continuous power supply. Moreover, the maintenance cost is high. Fixed type allows the companies to have the benefits of robust management solutions, such as strong inventory management and business functionality, a cash drawer, and the capability to handle the loyalty programs and gift cards. In the past, fixed type has been the most recognized and accepted way to process cash payments, checks, and debit/credit cards. Fixed type is still a preferred product within brick-and-mortar stores and it is a wide-ranging business management solution for merchants desiring a product with strong features.

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