The article cited AMA's Global Payment Terminal Market Study explored substantial growth with CAGR of 11.21%. According the report, Adoption of Chip-Embedded Payment Cards
is one of the primary growth factors for the market. Rising Demand of New Technology Such as Wireless Terminal and Mobile Terminal
is also expected to contribute significantly to the Payment Terminal market. Overall, applications of Payment Terminal, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as First Data (United States), Ingenico (France), NCR Corporation (United States), PAX Technology (China), VeriFone (United States), SZZT (United States), Newland (China), XINGUODU (China), Toshiba Corporation (Japan), Samsung Electronics Inc. (United States) and MICROS Systems Inc. (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Technology, such as Mobile NFC, is boosting the Payment Terminal market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Deployment Model, such as Cloud, is boosting the Payment Terminal market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Merchant, is boosting the Payment Terminal market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Payment Terminal market identified that the demand is rising in many different parts of the world as "Technological Innovations such as Use of SaaS-based systems
". Furthermore, some recent industry insights like "On 10th October 2018, First Data, the global commerce-enabling technology company and BlueSnap, a payments technology provider are together for all in one payment platform with the suite of payments results presented by First Data." is constantly making the industry dynamic. One of the challenges that industry facing is "Strict Government Regulations"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Payment Terminal market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Payment Terminal market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Payment Terminal market tight? Which application/end-user category or Product Type [Desktop, Handheld and Mobile] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Payment Terminal market and other related sub-markets covered in the study.
o Key & emerging players in the Payment Terminal market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Payment Terminal market size is calculated using market estimation process, the Payment Terminal market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Payment Terminal market size has been validated using both top-down and bottom-up approaches.