Product Code: GVR-4-68039-960-6
Outdoor Payment Terminal Market Growth & Trends:
The global outdoor payment terminal market size is expected to reach USD 2.9 billion by 2030, according to a new study conducted by Grand View Research, Inc. The market is expected to witness a CAGR of 8.7% from 2022 to 2030. Smartphone based transactions are one type of payment method frequently used at Outdoor Payment Terminal (OPT) at the global level. This is because of the rising consumer awareness about the security features such as facial recognition and biometric software offered by smartphone-based payments.
There is an increasing need for digital payment solutions, especially in small-scale businesses, which is expected to drive market growth. Small businesses possess dynamic growth potential; by adopting OPTs, they can utilize their capabilities better, and can thereby improve operational efficiency. Thus the growing number of small businesses is expected to create new opportunities for the market.
The real-time payment capabilities of OPTs enable users to make payments 24/7. Adopting this technology helps business owners save on costs and meet the latest security standards. This as a result, leading companies across the globe are adopting online payment culture, which is anticipated to boost the demand for the OPT portals. The pandemic outbreak has contributed positively to the industry's growth. Major hospitals and other essential service providers have shifted from traditional payment terminals to more advanced outdoor payment terminals. Further, the growing digitalization and the introduction of technology-based payment terminals powered by prominent players such as Invenco and Verifone are some of the major reasons associated with market growth over the forecast period.
Outdoor Payment Terminal Market Report Highlights:
- The contactless payment segment is expected to witness the fastest growth over the forecast period. Introduction of contactless payment platforms aggressively by some of the major companies such as RazorPay and PayU worldwide is expected to drive the growth of the segment
- The refuel segment is expected to witness the fastest growth over the forecast period. Reduced waiting time and multiple payment options at fuel stations by using OPT platform is expected to play a decisive role in driving the segment growth
- The Asia Pacific regional market is expected to witness the fastest growth over the forecast period owing to the developing IT infrastructure in the region which will enable developing countries like China and India to utilize OPTs more effectively
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Scope and Assumptions
- 1.3 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Outdoor Payment Terminal Market - Industry Snapshot & Key Buying Criteria, 2017 - 2030
- 2.2 Global Outdoor Payment Terminal Market, 2017 - 2030
- 2.2.1 Global outdoor payment terminal market, by type, 2017 - 2030
- 2.2.2 Global outdoor payment terminal market, by application, 2017 - 2030
- 2.2.3 Global outdoor payment terminal market, by region, 2017 - 2030
Chapter 3 Outdoor Payment Terminal Industry Outlook
- 3.1 Market Segmentation and Scope
- 3.2 Market Size and Growth Prospects
- 3.3 Outdoor Payment Terminal Market - Value Chain Analysis
- 3.4 Outdoor Payment Terminal Market - Market Dynamics
- 3.4.1 Market driver analysis
- 3.4.1.1 Increasing demand for contactless payments
- 3.4.1.2 Increasing smartphone users and techsavvy individuals
- 3.4.2 Market challenge analysis
- 3.4.2.1 Security and safety issues associated with financial transactions
- 3.5 Penetration and Growth Prospect Mapping
- 3.6 Outdoor Payment Terminal Market - Porter's Five Forces Analysis
- 3.7 Outdoor Payment Terminal Market - PESTEL Analysis
Chapter 4 FinTech Industry Highlights
- 4.1 Investor Strategies
- 4.2 Investor Vision & Goal Analysis
- 4.3 Funding Raised in Contactless Payments
- 4.4 Investments Made in Self-checkout Stores
Chapter 5 Investment Landscape Analysis
- 5.1 FinTech Ecosystem Overview
- 5.2 FinTech Services Overview
- 5.3 Total FinTech Investment, 2017 - 2021 (USD Billion)
- 5.4 FinTech Regulatory Outlook
- Government Regulations
- Private/Association Regulations
- 5.5 FinTech Company Analysis - GVR DashBoard (Top 50 companies)
Chapter 6 Outdoor Payment Terminal Type Outlook
- 6.1 Outdoor Payment Terminal Market Share By Type, 2021
- 6.2 Contactless Payment Terminal
- 6.2.1 Contactless outdoor payment terminal market, 2017 - 2030
- 6.3 Contact Payment Terminal
- 6.3.1 Contact outdoor payment terminal market, 2017 - 2030
Chapter 7 Outdoor Payment Terminal Application Outlook
- 7.1 Outdoor Payment Terminal Market Share By Application, 2021
- 7.2 Refuel
- 7.2.1 Outdoor payment terminal market in refuel, 2017 - 2030
- 7.3 Carwash
- 7.3.1 Outdoor payment terminal market in carwash, 2017 - 2030
- 7.4 Malls
- 7.4.1 Outdoor payment terminal market in malls, 2017 - 2030
- 7.5 Others
- 7.5.1 Outdoor payment terminal market in others, 2017 - 2030
Chapter 8 Outdoor Payment Terminal Regional Outlook
- 8.1 Outdoor Payment Terminal Market Share By Region, 2021
- 8.2 North America
- 8.2.1 North America outdoor payment terminal market, 2017 - 2030
- 8.2.2 U.S.
- 8.2.2.1 U.S. outdoor payment terminal market, 2017 - 2030
- 8.2.2.2 U.S. outdoor payment terminal market, by type, 2017 - 2030
- 8.2.2.3 U.S. outdoor payment terminal market, by application, 2017 - 2030
- 8.2.3 Canada
- 8.2.3.1 Canada outdoor payment terminal market, 2017 - 2030
- 8.2.3.2 Canada outdoor payment terminal market, by type, 2017 - 2030
- 8.2.3.3 Canada outdoor payment terminal market, by application, 2017 - 2030
- 8.3 Europe
- 8.3.1 Europe outdoor payment terminal market, 2017 - 2030
- 8.3.2 Europe outdoor payment terminal market, by type, 2017 - 2030
- 8.3.3 Europe outdoor payment terminal market, by application, 2017 - 2030
- 8.3.4 Germany
- 8.3.4.1 Germany outdoor payment terminal market, 2017 - 2030
- 8.3.4.2 Germany outdoor payment terminal market, by type, 2017 - 2030
- 8.3.4.3 Germany outdoor payment terminal market, by application, 2017 - 2030
- 8.3.5 U.K.
- 8.3.5.1 U.K. outdoor payment terminal market, 2017 - 2030
- 8.3.5.2 U.K. outdoor payment terminal market, by type, 2017 - 2030
- 8.3.5.3 U.K. outdoor payment terminal market, by application, 2017 - 2030
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific outdoor payment terminal market, 2017 - 2030
- 8.4.2 Asia Pacific outdoor payment terminal market, by type, 2017 - 2030
- 8.4.3 Asia Pacific outdoor payment terminal market, by application, 2017 - 2030
- 8.4.4 China
- 8.4.4.1 China outdoor payment terminal market, 2017 - 2030
- 8.4.4.2 China outdoor payment terminal market, by type, 2017 - 2030
- 8.4.4.3 China outdoor payment terminal market, by application, 2017 - 2030
- 8.4.5 India
- 8.4.5.1 India outdoor payment terminal market, 2017 - 2030
- 8.4.5.2 India outdoor payment terminal market, by type, 2017 - 2030
- 8.4.5.3 India outdoor payment terminal market, by application, 2017 - 2030
- 8.4.6 Japan
- 8.4.6.1 Japan outdoor payment terminal market, 2017 - 2030
- 8.4.6.2 Japan outdoor payment terminal market, by type, 2017 - 2030
- 8.4.6.3 Japan outdoor payment terminal market, by application, 2017 - 2030
- 8.5 Latin America
- 8.5.1 Latin America outdoor payment terminal market, 2017 - 2030
- 8.5.2 Latin America outdoor payment terminal market, by type, 2017 - 2030
- 8.5.3 Latin America outdoor payment terminal market, by application, 2017 - 2030
- 8.5.4 Brazil
- 8.5.4.1 Brazil outdoor payment terminal market, 2017 - 2030
- 8.5.4.2 Brazil outdoor payment terminal market, by type, 2017 - 2030
- 8.5.4.3 Brazil outdoor payment terminal market, by application, 2017 - 2030
- 8.6 Middle East & Africa (MEA)
- 8.6.1 MEA outdoor payment terminal market, 2017 - 2030
- 8.6.2 MEA outdoor payment terminal market, by type, 2017 - 2030
- 8.6.3 MEA outdoor payment terminal market, by application, 2017 - 2030
Chapter 9 Competitive Analysis
- 9.1 Recent Developments & Impact Analysis, By Key Market Participants
- 9.2 Company Categorization
- 9.3 Vendor Landscape
- 9.3.1 Key company market share analysis, 2021
- 9.4 Company Analysis Tools
- 9.4.1 Company market position analysis
- 9.4.2 Competitive dashboard analysis
Chapter 10 Competitive Landscape
- 10.1 NCR Corporation
- 10.1.1 Company overview
- 10.1.2 Financial performance
- 10.1.3 Product benchmarking
- 10.1.4 Strategic initiatives
- 10.2 Gilbarco Inc.
- 10.2.1 Company overview
- 10.2.2 Financial performance
- 10.2.3 Product benchmarking
- 10.2.4 Strategic initiatives
- 10.3 Invenco Group Ltd.
- 10.3.1 Company overview
- 10.3.2 Financial performance
- 10.3.3 Product benchmarking
- 10.3.4 Strategic initiatives
- 10.4 Verifone, Inc.
- 10.4.1 Company overview
- 10.4.2 Financial performance
- 10.4.3 Product benchmarking
- 10.4.4 Strategic initiatives
- 10.5 Dover Fueling Solutions
- 10.5.1 Company overview
- 10.5.2 Financial performance
- 10.5.3 Product benchmarking
- 10.5.4 Strategic initiatives
- 10.6 Scheidt & Bachmann GmbH
- 10.6.1 Company overview
- 10.6.2 Financial performance
- 10.6.3 Product benchmarking
- 10.6.4 Strategic initiatives
- 10.7 Apple Inc.
- 10.7.1 Company overview
- 10.7.2 Financial performance
- 10.7.3 Product benchmarking
- 10.7.4 Strategic initiatives
- 10.8 Temenos AG
- 10.8.1 Company overview
- 10.8.2 Financial performance
- 10.8.3 Product benchmarking
- 10.8.4 Strategic initiatives
- 10.9 Capgemini SE
- 10.9.1 Company overview
- 10.9.2 Financial performance
- 10.9.3 Product benchmarking
- 10.9.4 Strategic initiatives
- 10.10 Finastra Group Holdings Limited
- 10.10.1 Company overview
- 10.10.2 Financial performance
- 10.10.3 Product benchmarking
- 10.10.4 Strategic initiatives