The EMV POS terminals market is forecasted to grow by USD 6,406.87 mn during 2023-2028, accelerating at a CAGR of 10.22% during the forecast period. The report on the EMV 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing volume of e-commerce transactions spurring the use of mPOS terminals, increasing focus on the self-service model in the retail industry, and strong value proposition for EMV card users and merchants.
Technavio's EMV POS terminals market is segmented as below:
By End-user
Retail
Hospitality
By Product
Conventional EMV POS terminals
Mobile card readers
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the use of magnetic secure transmission (MST) technology by mobile phone OEMs as one of the prime reasons driving the EMV POS terminals market growth during the next few years. Also, the emergence of biometric EMV POS terminals and the increasing adoption of cloud-based solutions will lead to sizable demand in the market.
The report on the EMV POS terminals market covers the following areas:
EMV POS terminals market sizing
EMV POS terminals market forecast
EMV POS terminals market industry analysis
The robust vendor analysis is designed to help clients improve their market POSition, and in line with this, this report provides a detailed analysis of several leading EMV POS terminals market vendors that include BBPOS International Ltd., Block Inc., Bluebird Inc., Brookfield Equinox LLC, Cantaloupe Inc, DATECS Ltd., Diebold Nixdorf Inc., Global Payments Inc., NCR Corp., NEC Corp., Newland Digital Technology Co. Ltd., Panasonic Holdings Corp., PAX Global Technology Ltd., Shenzhen Xinguodu Technology Co. Ltd., Telepower Communication Co. Ltd., Toshiba Corp., U.S. Bancorp, UIC Payworld Inc., VeriFone Inc., and Worldline SA. Also, the EMV POS terminals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global EVM POS terminals market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global evm pos terminals market 2018 - 2022 ($ million)