EMV POS Terminal Market in the US by Product and Application - Forecast and Analysis 2021-2025

Published: Jun 2021 Pages: 120 SKU: IRTNTR70631

The EMV POS terminal market size in the US is expected to grow by USD 512.79 million and record a CAGR of 7.60% during 2021-2025.

This post-pandemic EMV POS terminal market in US report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this EMV POS terminal market in US analysis report, key drivers such as increasing regulatory interventions on secure payments have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as increase in mobile payments, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the EMV POS Terminal Market Size in the US be in 2021?

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Who are the Key Vendors in the EMV POS Terminal Market in the US?

The EMV POS terminal market in US forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  •  BBPOS Ltd.
  • Fiserv Inc.
  • Ingenico Group SA
  • NBS Payment Solutions Inc.
  • NCR Corp.
  • PAX Global Technology Ltd.
  • Square Inc.
  • UIC Payworld Inc.
  • USA Technologies Inc.
  • VeriFone Inc.

 

The EMV POS terminal market in US is concentrated and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This EMV POS terminal market in US report further entails segmentation by product (conventional EMV POS terminals and mobile card readers) and application (retail and hospitality). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

What are the Revenue-generating Product Market Segments for EMV POS Terminal Market in US?

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The report offers an up-to-date analysis of the market segmentation by product. The conventional EMV POS terminals market segment will record a significant growth rate during 2021-2025 and will offer several growth opportunities to market vendors. To garner further competitive intelligence and opportunities in store for vendors in various market segments, view our sample report. This report provides estimations of the contribution of all regions to the growth of the EMV POS terminal market size in the US.

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What are the Key Factors Covered in this EMV POS Terminal Market in US Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive EMV POS terminal market growth in US during the next five years
  • Precise estimation of the EMV POS terminal market size in the US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the EMV POS terminal market in US
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of EMV POS terminal market vendors in the US

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EMV POS Terminal Market In US Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 512.79 million

Market structure

Concentrated

YoY growth (%)

7.00

Regional analysis

US

Performing market contribution

US at 100%

Key consumer countries

US

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

 BBPOS Ltd., Fiserv Inc., Ingenico Group SA, NBS Payment Solutions Inc., NCR Corp., PAX Global Technology Ltd., Square Inc., UIC Payworld Inc., USA Technologies Inc., and VeriFone Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Conventional EMV POS terminals - Market size and forecast 2020-2025
    • Mobile card readers - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Retail - Market size and forecast 2020-2025
    • Hospitality - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

    • Customer landscape
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption
    • Competitive scenario

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    •  BBPOS Ltd.
    • Fiserv Inc.
    • Ingenico Group SA
    • NBS Payment Solutions Inc.
    • NCR Corp.
    • PAX Global Technology Ltd.
    • Square Inc.
    • UIC Payworld Inc.
    • USA Technologies Inc.
    • VeriFone Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    INFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    DATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts

    REPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape

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    Key Questions Answered

    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?

    Why should you prefer Technavio's market insights report?

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    • Information about the market's key drivers, trends, and challenges
    • Parent market analysis
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    • Detailed vendors report with competitive landscape
    • Covid-19 impact and recovery analysis
    • Data on revenue-generating market segments
    • Details on the market shares of various regions
    • Five-force market analysis