Outdoor Payment Terminal (OPT) Market Size - By Product Type, By End-Users, By Applications, By Deployment Modes - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032
Global Outdoor Payment Terminal Market Overview:
According to SPER Market Research, the Global Outdoor Payment Terminal Market is estimated to reach USD 3.60 billion by 2032 with a CAGR of 8.96%.
The market for outdoor payment terminals is expanding as a result of increased customer demand for speedier payment settlements and rising use of cutting-edge technology like IoT and cloud-based solutions. The need for outdoor payment terminals is being driven by a number of other causes, including growing customer knowledge of online transactions, fingerprint and face recognition technology, accessibility to online clothes, and items for groceries and electricity. Additionally, the market for outdoor payment terminals is expanding due to the increased need for e-commerce, a work-from-home lifestyle, and consumer demands for quicker payment settlements. The growing numbers of millennials and Generation Z, who favour online transactions and outdoor payment terminals in particular, are also fuelling the expansion of the worldwide industry.
Impact of COVID-19 on the Global Outdoor Payment Terminal Market
Nearly every business has been impacted by the unmatched worldwide public health emergency known as COVID-19, and the long-term impacts are expected to have an influence on industry growth throughout the course of the projection period.The COVID-19 pandemic outbreak is projected to have a significant impact on the market for outdoor payment terminals. The number of people doing contactless transactions has surged since the outbreak. It is expected that the market would benefit from customers and merchants turning to contactless payment methods to stop the virus's spread. Due to the growing worries about payment security, retail merchants also make sure to offer a safe platform to their clients with the deployment of OPTs.OPT market is anticipated to expand dramatically as a result of the increased trend of cashless transactions during COVID-19 as consumers and businesses alike rely on touchless modes of transactions out of concern about the transmission of the virus. As a result, the market for outdoor payment terminals has benefited from the epidemic. The expansion of the outdoor payment terminal (OTP) industry has also been accelerated by the work-from-home lifestyle and the rise in e-commerce demand.
Scope of the Report:
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product Type, By End-Users, By Applications, By Deployment Modes
Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Companies Covered ACI WorldwideInc., Apple Inc., Bank of American Corporation, Capgemini SE, Dover Corporation, Fidelity National Information Services Inc., Finastra Group Holdings Limited, Finastra Group Holdings Limited (Vista Equity Partners), Fiserv Inc., Gilbarco Inc., Global Payments Inc., IDTECH, Invenco Group Ltd., Mastercard Inc., Montran Corporation, NCR Corporation, PayPal Holdings Inc., S.W.I.F.T. SC, Scheidt& Bachmann GmbH, Temenos AG, VeriFone HoldingsInc. Visa Inc., Wayne Fueling System.
Global Outdoor Payment Terminal Market Segmentation:
By Product Type: Based on the Product Type, Global Outdoor Payment Terminal Market is segmented as; Contact-based Payment Terminal and Contactless Payment Terminal.
By End-Users: Based on the End-Users, Global Outdoor Payment Terminal Market is segmented as; BFSI, E-Commerce, Energy, Government, IT and Telecommunications, Retail, Utilities and Other End-Users.
By Applications: Based on the Applications, Global Outdoor Payment Terminal Market is segmented as; Carwash, Malls, Refuel and Others.
By Deployment Modes: Based on the Deployment Modes, Global Outdoor Payment Terminal Market is segmented as;Cloud and On-premises.
By Region: The Outdoor Payment Terminal Market is examined in each of the following regions: North America, Europe, Asia-Pacific, and LAMEA. North America saw the market for outdoor payment terminals in 2021. People in countries like the US and Canada are showing increasing interest in different payment methods, such as debit, credit, prepaid cards, and others. This is causing the market for outdoor payment terminals to grow throughout the area. The region's increase in self-checkout retail stores is another factor driving growth.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Outdoor Payment Terminal Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4.Heat map analysis
- 6. Global Outdoor Payment Terminal Market, By Product Type, 2019-2032 (USD Million)
- 6.1. Contact-based Payment Terminal
- 6.2. Contactless Payment Terminal
- 7. Global Outdoor Payment Terminal Market, By End-Users, 2019-2032 (USD Million)
- 7.1. BFSI
- 7.2. E-Commerce
- 7.3. Energy
- 7.4. Government
- 7.5. IT and Telecommunications
- 7.6. Other End-Users
- 7.7. Retail
- 7.8. Utilities
- 8. Global Outdoor Payment Terminal Market, By Applications, 2019-2032 (USD Million)
- 8.1. Carwash
- 8.2. Malls
- 8.3. Refuel
- 8.4. Others
- 9. Global Outdoor Payment Terminal Market, By Deployment Modes, 2019-2032 (USD Million)
- 9.1. Cloud
- 9.2. On-premises
- 10. Global Outdoor Payment Terminal Market, By Region, 2019-2032 (USD Million)
- 10.1. North America
- 10.1.1. Canada
- 10.1.2. Mexico
- 10.1.3. United States
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Rest of Europe
- 10.2.5. Spain
- 10.2.6. United Kingdom
- 10.3. Asia-Pacific
- 10.3.1. Australia
- 10.3.2. China
- 10.3.3. India
- 10.3.4. Japan
- 10.3.5. Rest of Asia-Pacific
- 10.3.6. South Korea
- 10.4. South America
- 10.4.1. Brazil
- 10.4.2. Argentina
- 10.4.3. Rest of South America
- 10.5. Middle East & Africa
- 10.5.1. Kingdom of Saudi Arabia
- 10.5.2. United Arab Emirates
- 10.5.3. Rest of Middle East & Africa
- 11. Company Profiles
- 11.1. ACI Worldwide Inc.
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Apple Inc.
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Bank of American Corporation
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Capgemini SE
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Dover Corporation
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Fidelity National Information Services, Inc.
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Finastra Group Holdings Limited
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. Fiserv Inc.
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Gilbarco Inc.
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Global Payments Inc.
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. IDTECH
- 11.11.1. Company details
- 11.11.2. Financial outlook
- 11.11.3. Product summary
- 11.11.4. Recent developments
- 11.12. Invenco Group Ltd.
- 11.12.1. Company details
- 11.12.2. Financial outlook
- 11.12.3. Product summary
- 11.12.4. Recent developments
- 11.13. Mastercard Inc.
- 11.13.1. Company details
- 11.13.2. Financial outlook
- 11.13.3. Product summary
- 11.13.4. Recent developments
- 11.14. Montran Corporation
- 11.14.1. Company details
- 11.14.2. Financial outlook
- 11.14.3. Product summary
- 11.14.4. Recent developments
- 11.15. NCR Corporation
- 11.15.1. Company details
- 11.15.2. Financial outlook
- 11.15.3. Product summary
- 11.15.4. Recent developments
- 11.16. PayPal Holdings Inc.
- 11.16.1. Company details
- 11.16.2. Financial outlook
- 11.16.3. Product summary
- 11.16.4. Recent developments
- 11.17. S.W.I.F.T. SC
- 11.17.1. Company details
- 11.17.2. Financial outlook
- 11.17.3. Product summary
- 11.17.4. Recent developments
- 11.18. Scheidt & Bachmann GmbH
- 11.18.1. Company details
- 11.18.2. Financial outlook
- 11.18.3. Product summary
- 11.18.4. Recent developments
- 11.19. Temenos AG
- 11.19.1. Company details
- 11.19.2. Financial outlook
- 11.19.3. Product summary
- 11.19.4. Recent developments
- 11.20. VeriFone Holdings Inc.
- 11.20.1. Company details
- 11.20.2. Financial outlook
- 11.20.3. Product summary
- 11.20.4. Recent developments
- 11.21. Visa Inc.
- 11.21.1. Company details
- 11.21.2. Financial outlook
- 11.21.3. Product summary
- 11.21.4. Recent developments
- 11.22. Wayne Fueling System
- 11.22.1. Company details
- 11.22.2. Financial outlook
- 11.22.3. Product summary
- 11.22.4. Recent developments
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