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Secure and Multi-functional Mobile Terminals Drive Market Growth Across Regions
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This study provides an in-depth analysis of the global electronic funds transfer at point of sale (EFTPOS) terminals market. Vendors are aiming to capitalize on global trends driving terminal growth, including cashless payments, mobility, and security. Most of this growth will come from EuroPay, MasterCard, and Visa (EMV) implementation in the United States, from increased investment from small- and medium-sized business (SMB) retailers, and from emerging economies in Asia-Pacific (APAC), Latin America, and Central and Eastern Europe (CEE). The base year used in this research is 2016, and unit shipment forecasts as well as the discussion of major market drivers and restraints are provided for the 2017 to 2022 time period.Research Scope• Market trends• Drivers and restraints• Technical trends, e.g., EMV, payment card industry (PCI) PIN entry devices (PED), near field communication (NFC), contactless payments, mobile terminals, and smartphone-based payments• Regional breakouts (North America and Latin America (NALA); Europe, the Middle East, and Africa (EMEA); and APAC)• Analysis of market measurements for 2016 for the global EFTPOS terminals market• Competitive landscape and market share discussions for the base year (2016) for leading market competitors such as Verifone, Ingenico, Newland Payment Technology, and PAX TechnologyKey Questions This Study Will Answer• Will the market continue to grow at its present slow rate in developed countries? Will higher rates of growth in APAC be sustained over the long term, especially in China?• Where does EFTPOS technology stand today? What primary challenges do vendors and retailers face in this market? What are the drivers and restraints for growth? • How are the existing competitors structured in both the developed and developing markets? Are there too many or too few competitors at present? Are vendors well positioned to meet customer needs, both current and future?• Will the market consolidate further over the next 4 to 5 years? Will the market continue to be attractive for mergers and acquisitions (M&A)?• What are the revenue breakups by geographical region (NALA, EMEA, and APAC)? Which regions are the fastest growing?
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