Global NFC POS Terminal market cagr 10.50%

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NFC POS Terminal Market NFC POS Terminal Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report

NFC POS Terminal Market Size and Growth

The NFC POS Terminal market is expected to witness significant growth due to the increasing adoption of contactless payments. The market size is projected to reach $27.5 billion by 2027, driven by the demand for secure and convenient payment solutions. Key players include Ingenico Group, Verifone Systems, and PAX Technology.

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Companies Covered (Covid 19 Impact Covered)

◍ Ingenico

◍ VeriFone

◍ PAX Technology

◍ NEC

◍ Equinox

◍ First Data Corp.

◍ Castles Technology Co

◍ ID TECH

◍ Uniform Industrial Corp

◍ XAC Automation

◍ On Track Innovations

◍ SZZT Electronics

◍ Centerm Information Co

◍ Pacific Business Machine Ltd.

◍ Newland Payment Technology

Ingenico, VeriFone, PAX Technology, NEC, Equinox, First Data Corp., Castles Technology Co, ID TECH, Uniform Industrial Corp, XAC Automation, On Track Innovations, SZZT Electronics, Centerm Information Co, Pacific Business Machine Ltd., Newland Payment Technology are key players in NFC POS Terminal Market. These companies offer innovative solutions, advanced technology, and extensive distribution networks which help to grow the NFC POS Terminal Market.

- Ingenico reported sales revenue of $3.2 billion in 2020

- VeriFone reported sales revenue of $2.52 billion in 2020

- NEC reported sales revenue of $27.16 billion in 2020

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Market Segmentation

By Application

◍ Mobile Payment

◍ Transfer Accounts

◍ Other

By Product

◍ NFC POS Machine

◍ NFC Vending Machines

◍ NFC Reader Device

◍ POS Machine

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Market Growth

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$ 2.60 Billion

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