세계의 상업용 결제 단말기 시장 전망(-2030년) : 제품 유형, 기술, 배포, 최종 사용자 및 지역별 분석

According to Stratistics MRC, the Global Commercial Payment Terminals Market is growing at a CAGR of 14.5% during the forecast period. Commercial payment terminals are devices used by businesses to process electronic payments, primarily through credit and debit cards. These terminals facilitate secure transactions by reading card information via magnetic stripes, chips, or contactless methods like NFC (Near Field Communication). They connect to payment processors over various networks, ensuring that the funds are appropriately transferred from the customer's bank to the merchant's account. Modern payment terminals often support additional functionalities, such as printing receipts, tipping options, and integration with point-of-sale (POS) systems. They can also handle various payment methods, including mobile wallets like Apple Pay and Google Pay, enhancing customer convenience and satisfaction.

According to statistics from worldplay the most popular payment method in the UK last year was debit cards which accounted for 45 % and 28 % respectively of all payments made at POS terminals

Market Dynamics:

Driver:

Shift towards cashless transactions

Increased adoption of credit/debit cards, mobile payments, and digital wallets has driven demand for advanced payment terminals. These terminals are becoming more sophisticated, offering enhanced security features, faster processing speeds, and greater compatibility with various payment methods. Businesses are investing in these technologies to meet consumer preferences for convenient and secure payment options. Consequently, the market is experiencing robust growth, fueled by technological advancements, regulatory support for digital payments, and a global trend towards reducing cash usage.

Restraint:

Security concerns

Incidents of fraud, data breaches, and hacking attacks highlight vulnerabilities in payment systems, leading to increased scrutiny and regulatory pressures. These security issues necessitate significant investments in advanced encryption, tokenization, and compliance with stringent standards like PCI DSS, which can be costly for businesses. Additionally, frequent updates and maintenance to safeguard against emerging threats can strain resources.

Opportunity:

Increasing adoption of mobile wallets

As consumers prefer the convenience and speed of mobile wallet transactions, businesses are investing in updated payment terminals to accommodate this demand. This trend encourages technological advancements and innovation in terminal features, enhancing security and user experience. Consequently, the market for commercial payment terminals is expanding, with manufacturers focusing on developing versatile, future-proof devices that seamlessly integrate with mobile payment solutions, thereby boosting overall market growth.

Threat:

Competition from alternative payment methods

Competition from alternative payment methods, such as peer-to-peer (P2P) payment apps and cryptocurrency, negatively impacts the commercial payment terminals market by reducing reliance on traditional card-based transactions. These alternatives often bypass traditional payment terminals, offering direct, fee-free, and convenient transaction options. As consumers and businesses adopt these methods, demand for conventional payment terminals may decline. This shift forces terminal providers to innovate and adapt, incurring additional costs hampering the growth of the market.

Covid-19 Impact

The COVID-19 pandemic significantly impacted the commercial payment terminals market by accelerating the shift towards cashless and contactless payments. Health concerns over virus transmission prompted consumers and businesses to favor electronic transactions, driving demand for advanced payment terminals. Retailers and service providers invested in contactless-enabled devices to meet this new preference, enhancing market growth. However, the economic downturn and disruptions in global supply chains caused temporary slowdowns in production and deployment.

The integrated payment system segment is expected to be the largest during the forecast period

The integrated payment system is expected to be the largest during the forecast period as these systems combine payment processing with other business operations, such as inventory management and customer relationship management (CRM), into a single platform. This integration streamlines operations for merchants, offering a seamless and efficient solution that reduces the need for multiple devices and systems. Consequently, demand for multifunctional, integrated payment terminals increases, driving innovation and market growth.

The magnetic stripe readers segment is expected to have the highest CAGR during the forecast period

The magnetic stripe readers segment is expected to have the highest CAGR during the forecast period due to the shift towards more secure and advanced payment technologies. While they were once standard, the rise of EMV chip cards and contactless payments has led to a decline in reliance on magnetic stripe readers. This shift pressures terminal manufacturers to innovate and upgrade their devices to support newer technologies, potentially reducing the market share of traditional magnetic stripe readers.

Region with largest share:

North America is projected to hold the largest market share during the forecast period as the region is at the forefront of adopting advanced payment technologies, including EMV chip cards, contactless payments, and mobile wallets like Apple Pay and Google Pay. This trend demands continual upgrades and innovation in payment terminal features. Moreover stringent security regulations, such as PCI DSS compliance, influence the market, necessitating robust security features in payment terminals to protect against fraud and data breaches drive the market growth in this region.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period owing to region's increasing digitalization and smartphone penetration are driving the adoption of electronic payment methods, including mobile wallets and QR code payments. In addition the sheer size of the population and the emergence of various economies present vast opportunities for payment terminal providers to tap into a growing market.

Key players in the market

Some of the key players in Commercial Payment Terminals market include Adyen, BullGuard Secure, Castles Technology, Diebold Nixdorf, Elavon, Fiserv, Global Payments Inc, Ingenico Group, NCR Corporation, Newland Payment Technology, NEXGO, PAX Technology, PayPal, Pioneer POS, SQUARE, SumUp, Toshiba Global Commerce Solutions, Verifone and Worldline

Key Developments:

In March 2024, Ingenico, Binance and Nilos join forces to facilitate cryptocurrency acceptance. The new solution allows customers to make purchases in-store using cryptocurrencies and enables merchants to be directly compensated in their local currencies.

In January 2024, Global Payments and Commerzbank Announce Joint Venture in Germany. The new entity, Commerz Globalpay GmbH, is expected to launch in the first half of 2024 and will provide a comprehensive suite of innovative omnichannel payment

In January 2024, Ingenico partners with Cybersource to enable secured unified commerce solution. The partnership will create a global unified commerce solution for use in Asia Pacific first, followed by other regions.

Product Types Covered:

• Countertop Payment Terminals
• Wireless/Portable Payment Terminals
• Mobile Payment Solutions
• Integrated Payment Systems
• Unattended Payment Terminals
• Contactless/NFC Payment Terminals
• Multifunctional Payment Terminals
• PIN Pads
• Other Product Types

Technologies Covered:

• EMV (Europay, Mastercard, Visa)
• NFC (Near Field Communication)
• Magnetic Stripe Readers
• Biometric Authentication
• QR Code Payments
• Other Technologies

Deployments Covered:

• Cloud-Based Terminals
• On-Premise Terminals

End Users Covered:

• Retail
• Hospitality
• Healthcare
• Transportation
• E-commerce
• Government & Public Sector
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Commercial Payment Terminals Market, By Product Type

• 5.1 Introduction
• 5.2 Countertop Payment Terminals
• 5.3 Wireless/Portable Payment Terminals
• 5.4 Mobile Payment Solutions
• 5.5 Integrated Payment Systems
• 5.6 Unattended Payment Terminals
• 5.7 Contactless/NFC Payment Terminals
• 5.8 Multifunctional Payment Terminals
• 5.9 PIN Pads
• 5.10 Other Product Types

6 Global Commercial Payment Terminals Market, By Technology

• 6.1 Introduction
• 6.2 EMV (Europay, Mastercard, Visa)
• 6.3 NFC (Near Field Communication)
• 6.4 Magnetic Stripe Readers
• 6.5 Biometric Authentication
• 6.6 QR Code Payments
• 6.7 Other Technologies

7 Global Commercial Payment Terminals Market, By Deployment

• 7.1 Introduction
• 7.2 Cloud-Based Terminals
• 7.3 On-Premise Terminals

8 Global Commercial Payment Terminals Market, By End User

• 8.1 Introduction
• 8.2 Retail
• 8.3 Hospitality
• 8.4 Healthcare
• 8.5 Transportation
• 8.6 E-commerce
• 8.7 Government & Public Sector
• 8.8 Other End Users

9 Global Commercial Payment Terminals Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Adyen
• 11.2 BullGuard Secure
• 11.3 Castles Technology
• 11.4 Diebold Nixdorf
• 11.5 Elavon
• 11.6 Fiserv
• 11.7 Global Payments Inc
• 11.8 Ingenico Group
• 11.9 NCR Corporation
• 11.10 Newland Payment Technology
• 11.11 NEXGO
• 11.12 PAX Technology
• 11.13 PayPal
• 11.14 Pioneer POS
• 11.15 SQUARE
• 11.16 SumUp
• 11.17 Toshiba Global Commerce Solutions
• 11.18 Verifone
• 11.19 Worldline