PUBLISHER: Value Market Research | PRODUCT CODE: 1342976
PUBLISHER: Value Market Research | PRODUCT CODE: 1342976
The global demand for Outdoor Payment Terminal Market is presumed to reach the market size of nearly USD 11.65 BN by 2030 from USD 4.62 BN in 2022 with a CAGR of 10.82% under the study period 2023 - 2030.
Outdoor Payment Terminals or OPTs are unattended payment terminals that securely and quickly allow customers to conduct self-service transactions using contact or contactless payment methods. Outdoor payment terminals enhance transaction processes' security, effectiveness, and flexibility. Outdoor payment terminals facilitate service availability 24/7, provide continuous customer service, and lower operational expenses.
Rising adoption of innovative technologies such as IoT, cloud-based solutions, growing usage of smartphones, and increasing consumer demand for quicker payment settlements are augmenting the growth of the outdoor payment terminals market. Several other factors are leading to OPT's robust growth, such as rising customer awareness regarding online transactions, fingerprint scanning, facial recognition, and accessibility of online clothing, and electric & grocery products are driving demand for the outdoor payment terminals market. Furthermore, the rising demand for e-commerce, work-from-home lifestyle and customer requirements for faster payment settlements is further flourishing the global market growth of outdoor payment terminals market. Rising millennials and Gen Z populations, mostly prefer online transactions and outdoor payment terminals, are also propelling the global market growth. People in Asia-Pacific and United States are highly interested in cashless payment methods such as debit, prepaid cards, and credit cards which are influencing the growth of the outdoor payment terminals industry.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of outdoor payment terminal. The growth and trends of outdoor payment terminal industry provide a holistic approach to this study.
This section of the outdoor payment terminal market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Outdoor Payment Terminal market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the outdoor payment terminal market include NCR Corporation, Gilbarco Inc., Invenco Group Ltd., Verifone, Inc., Dover Fueling Solutions, Scheidt & Bachmann GmbH, Apple Inc., Temenos AG, Capgemini SE, Finastra Group Holdings Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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