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Global Contactless PoS Terminals Market 2017-2021

Global Contactless PoS Terminals Market 2017-2021

About Contactless PoS Terminals

A POS terminal refers to a system that is used to facilitate easy and faster checkout for customers at different outlets. A standard POS system consists of a computer, monitor, cash drawer, receipt printer, barcode scanner, POS software, weight scale, and credit and debit card readers.

Technavio’s analysts forecast the global contactless PoS terminals market to grow at a CAGR of 25.64% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global contactless PoS terminals market for 2017-2021. To calculate the market size, the report considers the from the sales of contactless POS terminals, transaction fees, and other fees such as monthly fees charged by vendors on the merchants.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Contactless PoS Terminals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key vendors
  • Ingenico
  • PAX Technology
  • SZZT Electronics
  • Verifone Systems
Other prominent vendors
  • CyberNet
  • Equinox Payments
  • First Data
  • NCR
  • Spire Payments
Market driver
  • Increased number of card transactions
  • For a full, detailed list, view our report
Market challenge
  • Amount limit per transaction
  • For a full, detailed list, view our report
Market trend
  • Mobile phone OEMs coming up with magnetic secure transmission (MST) technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the 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 the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
    • Market overview
    • Definitions
      • Table MSMEs defined by number of employees
    • Base year and forecast period
    • End-user segmentation
    • Vendor selection criteria
    • Geographical segmentation
      • Table Major countries covered
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Workflow of POS terminals
  • Market landscape
    • Market overview
      • Table Global contactless POS terminals market overview
    • Contactless POS industry overview
      • Table POS terminals transaction process
      • Table Ecosystem of contactless POS terminals
      • Table Contactless payment cap for a single transaction in key leading regions 2016
      • Table Supply chain
      • Table Counterfeit fraud liability shift
      • Table Lost/stolen fraud liability shift
    • Market size and forecast
      • Table Global contactless POS terminals market by revenue 2016-2021 ($ millions)
      • Table Global contactless POS terminals market by unit shipment 2016-2021 (units in millions)
      • Table Average selling price of contactless POS terminals 2016-2021 ($)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market size and forecast
      • Table Global contactless POS terminals market by end-user 2016-2021
    • Retail
      • Table Global contactless POS terminals market by retail segment 2016-2021 ($ billions)
      • Table Global contactless POS terminals market by retail sector 2016-2021 ($ billions)
      • Table Global contactless POS terminals market by retail sector 2016 (% share)
    • Hospitality
      • Table Global contactless POS terminals market by hospitality segment 2016-2021 ($ billions)
  • Geographical segmentation
    • Table Global contactless POS terminals market by geography 2016-2021 (% share)
    • Table Global contactless POS terminals market by geography 2016-2021 ($ billions)
    • Table Contactless POS terminals market in APAC 2016-2021 ($ billions)
    • Table Contactless POS terminals market in EMEA 2016-2021 ($ billions)
    • Table Contactless POS terminals market in Americas 2016-2021 ($ billions)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Strong value position for users and merchants
    • Increasing awareness for contactless payments and modes of payment
      • Table Contactless payment systems using mobile devices 2016-2021
      • Table Available payment modes for contactless POS transactions 2016-2021 (units in billions)
    • Increased number of card transactions
      • Table Payment transaction methods used by consumers globally 2016 and 2020
    • Presence of large smartphone OEMs in contactless payment software market
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Threat from cashless payment options
    • Payment security issues and fraudulent activities
    • Amount limit per transaction
      • Table Contactless payment limits for different regions
    • Misconceptions regarding EMV POS terminals
    • Growing number of online transactions
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increasing number of mobile devices with NFC
      • Table Number of mobile devices with NFC technology 2016-2021 (units in millions)
    • Mobile phone OEMs coming up with magnetic secure transmission (MST) technology
    • NFC-enabled smart rings
  • Vendor landscape
    • Competitive scenario
    • Major vendors
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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