TechNavio's analysts forecast the Global NFC POS Terminals market to grow at a CAGR of 57.9 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing penetration of NFC-based mobile handsets. The Global NFC POS Terminals has also been witnessing the increasing penetration of NFC POS terminals in the Transportation sector for ticketing transactions. However, the high cost of NFC POS terminals could pose a challenge to the growth of this market.
TechNavio's report, the Global NFC POS Terminals Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas EMEA and APAC; it also covers the Global NFC POS Terminals market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space include First Data Corp., Ingenico SA, Pax Technology Ltd., and VeriFone Systems Inc.
Other vendors mentioned in the report are Cybernet Inc., Equinox Payments, Heartland Payment Systems, and SZZT Electronics Co. Ltd.
Key questions answered in this report:
What will the market size be in 2018 and what will be the growth rate?
What are key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by key vendors?
What are the strengths and weaknesses of each of these key vendors?