NFC POS Terminal Market Analysis Report 2023 to 2031
NFC POS Terminal Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 6.31 Billion |
Market Size by 2031 | US$ 22.52 Billion |
Global CAGR (2023 - 2031) | 17.2% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The "NFC POS Terminal Market Analysis" was carried out based on type, mode, distribution channel, and geography. On the basis of product type, the market is segmented into mobile and fixed segments. On the basis of application, the market is segmented into healthcare, entertainment, hospitality, retail, and others. On the basis of geography, the market is divided into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
NFC POS Terminal Market News and Recent Developments
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the NFC POS Terminal market. Some of the recent key market developments are listed below:
- In 2022, a leading R&D/Manufacturing company focused on delivering commerce solutions to the payment industry, XAC Automation Corporation, introduced its novel series of Smart POS Terminals Platform(E6), which includes various latest Android Smart Terminals and with strong ability of integration and connectivity. XAC Smart POS Terminal Platform “E6” is designed with secured Android 12 OS; powered by Quad-core SOC, certified with XAC PCI PTS 6.x, for secure transactions of MSR, EMV chip & PIN, and NFC/contactless payments. [Source: XAC Automation Corporation, Company Website]
NFC POS Terminal Market Report Coverage & Deliverables
The NFC POS terminal market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "NFC POS Terminal Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-
- Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Market dynamics such as drivers, restraints, and key opportunities.
- Key future trends.
- Detailed PEST & SWOT analysis
- Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
- Detailed company profiles.