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Payment Terminal Market Key Insights
Payment Terminal Market Analysis by Regions
Payment Terminal Market Analysis by Segments
Payment Terminal Market Size (current and future)
Payment Terminal Market Competitive Benchmarking
a year ago
Global Outdoor Payment Terminal Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 to 2028
Value Market Research deeply researched the Global Outdoor Payment Terminal Market to foresee a significant growth in the industry over the upcoming years. The global outdoor payment terminal market report provides a complete industry analysis, market size, market share, growth trends, and forecasts for 2023 to 2028. The report starts with a detailed market introduction and an executive summary...
2 years ago
Europe Payment Terminal Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Fixed Terminal and Mobile Terminal), Enterprise Size (Small Enterprises, Medium Enterprises, and Large Enterprises), and End User (Retail & Consumer Goods, Restaurants, Hospitality, Media & Entertainment, Transportation & Logistics, Healthcare, and Others)
The Europe payment terminal market is expected to grow from US$ 17,055.3 million in 2020 to US$ 34,437.1 million by 2028; it is estimated to grow at a CAGR of 9.4% from 2021 to 2028.
The demand for digital payment is increasing rapidly in Europe due to consumers’ preference for electronic payments, the need for easy cross-border transactions, and the imminent launch of the of...
Payment Terminal Market
Payment terminals enable merchants to gather relevant debit and credit card details, transmitting them to banks or merchant service providers. They’re typically used in several industries, including healthcare, retail, and hospitality. Multiple drivers contribute to developing the international payment terminal market.
A few essential ones include growing digitalisation, reliance on contactless payments, a prevalence of use of debit and credit cards for transactions, and a spike in e-commerce activities. Additionally, excessive use of smartphones for online orders and payments will likely escalate market expansion.
Time-effectiveness and hassle-free benefits are further intriguing drivers. But arising data security concerns due to digitalised payments and potential financial data exploitation may significantly hamper overall development.
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