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COVID-19 Insights on the Global EMV POS Terminals Market During 2021-2025 | Research Report from Technavio
December 29, 2020 GMT
Technavio has announced its latest market research report titled Global EMV POS Terminals Market 2021-2025 (Graphic: Business Wire)
Technavio has announced its latest market research report titled Global EMV POS Terminals Market 2021-2025 (Graphic: Business Wire)
LONDON (BUSINESS WIRE) Dec 29, 2020
The EMV POS terminals market is expected to grow by USD 4.28 billion, progressing at a CAGR of over 9% during the forecast period.
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Technavio has announced its latest market research report titled Global EMV POS Terminals Market 2021-2025 (Graphic: Business Wire)
Technavio Research: COVID-19 Insights on the Global EMV POS Terminals Market During 2021-2025 | Research Report from Technavio
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Technavio has announced its latest market research report titled Global EMV POS Terminals Market 2021-2025 (Graphic: Business Wire)
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The increasing penetration of contactless payments is one of the major factors propelling the market growth. However, factors such as reaching out to MSMEs will hamper market growth.
More details:
EMV POS Terminals Market: End-user Landscape
Based on the end-user, the retail segment saw maximum growth in 2019. Factors such as foreign investments have resulted in the increased adoption of secure payment technologies, such as EMV standards, for POS terminals. However, the post-COVID-19 impact has brought forth a slowdown in the segment. The growth of the segme