Europe Payment Terminal Market Forecast to 2028

Report Code : TIPRE00027027 | Region : Europe | Industry : Electronics and Semiconductor | Published Date : 28/Feb/2022

Europe Payment Terminal Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Fixed Terminal and Mobile Terminal), Enterprise Size (Small Enterprises, Medium Enterprises, and Large Enterprises), and End User (Retail & Consumer Goods, Restaurants, Hospitality, Media & Entertainment, Transportation & Logistics, Healthcare, and Others)

The Europe payment terminal market is expected to grow from US$ 17,055.3 million in 2020 to US$ 34,437.1 million by 2028; it is estimated to grow at a CAGR of 9.4% from 2021 to 2028.

The demand for digital payment is increasing rapidly in Europe due to consumers’ preference for electronic payments, the need for easy cross-border transactions, and the imminent launch of the official European Digital Identity Wallet. The most commonly used digital wallet apps are ApplePay, PayPal, YooMoney, Qiwi, iDEAL, and Samsung Pay. The European Payments Initiative (EPI) aims to create a pan-European payments solution, leveraging and addressing essential use cases for consumers and merchants, thus formulating new European payment standards. Further, the rapid adoption of wireless payment terminals by retailers, rising popularity of EuroPay, MasterCard, and Visa (EMV) cards, increasing e-commerce transactions, growth in cashless transactions in the region, and the growing uptake of wireless technology in mobile handsets and wearables are the key factors attributable to drive the payment terminal market substantially.

Growing adoption of contactless payment for mobile payment systems and rising desire for cashless and contactless payments are among the key factors driving the growth of the Europe payment terminal market. In addition, the need for employee and customer management, integration of online and in-store sales, and inventory tracking have raised the demand for digitalization. The digital revolution has pushed the use of the product to keep track of company activities and allow for cashless payments in the retail, healthcare, and hospitality industries. The payment terminal market is expected to grow in the coming years due to rising digitalization within many industries, the growing smartphones popularity, and development in digital technology. Also, the surging use of e-payment platforms and the rising regulatory intervention on secure payments due to multiple financial fraud cases fuel the growth of the payment terminal market.

PAX Technology; SumUp Inc.; VeriFone, Inc.; GK Software SE; Ingenico Group S.A.; NEC Corporation; ASEE Group; NCR Corporation; MYPOS WORLD LTD; and Zettle by PayPal are among the key companies operating in the Europe payment terminal market. The report comprises secondary research work on other companies that hold a significant market share.

The overall Europe payment terminal market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Europe payment terminal market. The process also serves the purpose of obtaining an overview and forecast for the Europe payment terminal market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe payment terminal market.

The List of Companies - Europe Payment Terminal Market

1. PAX Technology

2. SumUp Inc

3. VeriFone, Inc.

4. GK Software SE

5. Ingenico Group S.A.

6. NEC Corporation.

7. ASEE Group.

8. NCR Corporation.

9. MYPOS WORLD LTD.

10. Zettle by PayPal.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Macro-Economic Factor Analysis:

3.2.4 Data Triangulation:

3.2.5 Country-level data:

4. Europe Payment Terminal Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Payment Terminal Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand for Better Secured Payment Options

5.1.2 Rising Adoption of Contactless Payments

5.2 Market Restraints

5.2.1 Data Security Breaches

5.3 Market Opportunities

5.3.1 Growing Interest in Payment Terminal Solutions Among Small Businesses

5.4 Future Trends

5.4.1 Surging Demand for Mobile Point of Sales (mPOS)

5.5 Impact Analysis of Drivers and Restraints

6. Europe Payment Terminal Market Overview

6.1 Market Overview

6.2 Europe Payment Terminal Market Forecast and Analysis

6.3 Market Positioning – Global Key Players

7. Europe Payment Terminal Market Analysis – By Type

7.1 Overview

7.2 Europe Payment Terminal Market Breakdown, By Type, 2020 & 2028

7.3 Fixed Terminal

7.3.1 Overview

7.3.2 Europe Payment Terminal Market Revenue and Forecasts to 2028 (US$ Mn)

7.4 Mobile Terminal

7.4.1 Overview

7.4.2 Europe Mobile Terminal Market Revenue and Forecasts to 2027 (US$ Mn)

8. Europe Payment Terminal Market Analysis – By Enterprise Size

8.1 Overview

8.2 Europe Payment Terminal Market Breakdown, By Enterprise Size, 2020 & 2028

8.3 Small Enterprises

8.3.1 Overview

8.3.2 Europe Small Enterprises Market –Revenue and Forecast to 2028 (US$ Mn)

8.4 Medium Enterprises

8.4.1 Overview

8.4.2 Europe Medium Enterprises Market –Revenue and Forecast to 2028 (US$ Mn)

8.5 Large Enterprises

8.5.1 Overview

8.5.2 Europe Large Enterprises Market –Revenue and Forecast to 2028 (US$ Mn)

9. Europe Payment Terminal Market Analysis – By End User

9.1 Overview

9.2 Europe Payment Terminal Market Breakdown, By End User, 2020 & 2028

9.3 Retail and Consumer Goods

9.3.1 Overview

9.3.2 Europe Retail and Consumer Goods Market –Revenue and Forecast to 2028 (US$ Mn)

9.4 Restaurants

9.4.1 Overview

9.4.2 Europe Restaurants Market –Revenue and Forecast to 2028 (US$ Mn)

9.5 Hospitality

9.5.1 Overview

9.5.2 Europe Hospitality Market –Revenue and Forecast to 2028 (US$ Mn)

9.6 Media and Entertainment

9.6.1 Overview

9.6.2 Europe Media and Entertainment Market –Revenue and Forecast to 2028 (US$ Mn)

9.7 Transportation and Logistics

9.7.1 Overview

9.7.2 Europe Transportation and Logistics Market –Revenue and Forecast to 2028 (US$ Mn)

9.8 Healthcare

9.8.1 Overview

9.8.2 Europe Healthcare Market –Revenue and Forecast to 2028 (US$ Mn)

9.9 Others

9.9.1 Overview

9.9.2 Europe Others Market –Revenue and Forecast to 2028 (US$ Mn)

10. Europe Payment Terminal Market – Country Analysis

10.1 Europe Payment Terminal Market Breakdown, By Country

10.1.1 Germany Payment Terminal Market Revenue and Forecast to 2028 (US$ Mn)

10.1.1.1 Germany Payment Terminal Market Breakdown, By Type

10.1.1.2 Germany Payment Terminal Market Breakdown, By Enterprise Size

10.1.1.3 Germany Payment Terminal Market Breakdown, By End User

10.1.2 France Payment Terminal Market Revenue and Forecast to 2028 (US$ Mn)

10.1.2.1 France Payment Terminal Market Breakdown, By Type

10.1.2.2 France Payment Terminal Market Breakdown, By Enterprise Size

10.1.2.3 France Payment Terminal Market Breakdown, By End User

10.1.3 Italy Payment Terminal Market Revenue and Forecast to 2028 (US$ Mn)

10.1.3.1 Italy Payment Terminal Market Breakdown, By Type

10.1.3.2 Italy Payment Terminal Market Breakdown, By Enterprise Size

10.1.3.3 Italy Payment Terminal Market Breakdown, By End User

10.1.4 UK Payment Terminal Market Revenue and Forecast to 2028 (US$ Mn)

10.1.4.1 UK Payment Terminal Market Breakdown, By Type

10.1.4.2 UK Payment Terminal Market Breakdown, By Enterprise Size

10.1.4.3 UK Payment Terminal Market Breakdown, By End User

10.1.5 Spain Payment Terminal Market Revenue and Forecast to 2028 (US$ Mn)

10.1.5.1 Spain Payment Terminal Market Breakdown, By Type

10.1.5.2 Spain Payment Terminal Market Breakdown, By Enterprise Size

10.1.5.3 Spain Payment Terminal Market Breakdown, By End User

10.1.6 Poland Payment Terminal Market Revenue and Forecast to 2028 (US$ Mn)

10.1.6.1 Poland Payment Terminal Market Breakdown, By Type

10.1.6.2 Poland Payment Terminal Market Breakdown, By Enterprise Size

10.1.6.3 Poland Payment Terminal Market Breakdown, By End User

10.1.7 Rest of Europe Payment Terminal Market Revenue and Forecast to 2028 (US$ Mn)

10.1.7.1 Rest of Europe Payment Terminal Market Breakdown, By Type

10.1.7.2 Rest of Europe Payment Terminal Market Breakdown, By Enterprise Size

10.1.7.3 Rest of Europe Payment Terminal Market Breakdown, By End User

11. Impact of COVID-19 Pandemic on Payment Terminal Market

11.1 Europe

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

13. Company Profiles

13.1 PAX Technology

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 SumUp Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 VeriFone, Inc.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 GK Software SE

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Ingenico Group S.A.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 NEC Corporation

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 ASEE Group

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 NCR Corporation

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 MYPOS WORLD LTD

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Zettle by PayPal

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES.

Table 1. Europe Payment Terminal Market Revenue and Forecasts to 2028 (US$ Mn)

Table 2. Germany Payment Terminal Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 3. Germany Payment Terminal Market Revenue and Forecast to 2028 – By Enterprise Size (US$ Mn)

Table 4. Germany Payment Terminal Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 5. France Payment Terminal Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 6. France Payment Terminal Market Revenue and Forecast to 2028 – By Enterprise Size (US$ Mn)

Table 7. France Payment Terminal Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 8. Italy Payment Terminal Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 9. Italy Payment Terminal Market Revenue and Forecast to 2028 – By Enterprise Size (US$ Mn)

Table 10. Italy Payment Terminal Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 11. UK Payment Terminal Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 12. UK Payment Terminal Market Revenue and Forecast to 2028 – By Enterprise Size (US$ Mn)

Table 13. UK Payment Terminal Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 14. Spain Payment Terminal Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 15. Spain Payment Terminal Market Revenue and Forecast to 2028 – By Enterprise Size (US$ Mn)

Table 16. Spain Payment Terminal Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 17. Poland Payment Terminal Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 18. Poland Payment Terminal Market Revenue and Forecast to 2028 – By Enterprise Size (US$ Mn)

Table 19. Poland Payment Terminal Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 20. Rest of Europe Payment Terminal Market Revenue and Forecast to 2028 – By Type (US$ Mn)

Table 21. Rest of Europe Payment Terminal Market Revenue and Forecast to 2028 – By Enterprise Size (US$ Mn)

Table 22. Rest of Europe Payment Terminal Market Revenue and Forecast to 2028 – By End User (US$ Mn)

Table 23. Glossary of Term: Payment Terminal Market

The List of Companies - Europe Payment Terminal Market

1. PAX Technology

2. SumUp Inc

3. VeriFone, Inc.

4. GK Software SE

5. Ingenico Group S.A.

6. NEC Corporation.

7. ASEE Group.

8. NCR Corporation.

9. MYPOS WORLD LTD.

10. Zettle by PayPal.

Reason To Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe payment terminal market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the Europe payment terminal market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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