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The Global Contactless PoS Terminals Market is expected to grow by $ 5.54 bn during 2020-2024 progressing at a CAGR of 16% during the forecast period

·2-min read

Global Contactless PoS terminals market 2020-2024 The analyst has been monitoring the contactless PoS terminals market and it is poised to grow by $ 5. 54 bn during 2020-2024 progressing at a CAGR of 16% during the forecast period.

New York, Oct. 08, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Global Contactless PoS Terminals Market 2020-2024" -
Our reports on contactless 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 adoption of contactless payment software, rising penetration of NFC-based contactless payment at PoS and ease of transaction for users and merchants. In addition, increasing adoption of contactless payment software is anticipated to boost the growth of the market as well.
The contactless PoS terminals market analysis includes end-user segment and geographical landscapes

The contactless PoS terminals market is segmented as below:
By End-user
• Retail
• Hospitality

By Geographical Landscapes
• North America
• Europe
• South America

This study identifies the introduction of IoT and NFC-based contactless payment wearable devices as one of the prime reasons driving the contactless PoS terminals market growth during the next few years. Also, emergence of MST technology and increasing adoption of cloud-based PoS terminals will lead to sizable demand in the market.

The analyst 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 contactless PoS terminals market covers the following areas:
• Contactless PoS terminals market sizing
• Contactless PoS terminals market forecast
• Contactless PoS terminals market industry analysis

Read the full report:

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