Electronic Funds Transfer Point of Sale Terminals Market (EFTPOS) : A Straight Survey of Growth Factors and Expected Projection 2017 – 2025

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The Electronic Funds Transfer Point of Sale (EFTPOS) Terminals market is expected to witness steady growth by 2025, majorly contributed by growing preference for cashless/card-based transactions.

Electronic Funds Transfer Point of Sale (EFTPOS) Terminals Market (Retail, Hospitality, Healthcare, Restaurants, Entertainment, Warehousing, and Other End-use (Field Services, Government, Transportation, etc.) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025, the Electronic Funds Transfer Point of Sale (EFTPOS) Terminals market is expected to witness steady growth by 2025, majorly contributed by growing preference for cashless/card-based transactions.

Market Insights

An Electronic Funds Transfer Point of Sale (EFTPOS) terminal is an electronic payment device used for processing credit card- and debit card-based fund transfers at payment terminals.

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Changing payments landscape across the geographies resulting in growing preference for cashless/cash-based transactions is one of the major trends supporting the demand for Electronic Funds Transfer Point of Sale (EFTPOS) terminals across different end-use verticals. Banks have played a major role in bringing about this transformation by issuing debit cards to all account holders. Furthermore, the global payments industry (issuers and merchants) is steadily migrating towards EMV (Europay MasterCard Visa) chip card technology, replacing the traditional magnetic-stripe bank cards. The move towards EMV chip card payment is majorly driven by the growing desire to reduce rising incidences of card frauds in “card-present? transactions. Thus, compliance with the EMV regulation is expected to trigger the replacement demand for Electronic Funds Transfer Point of Sale (EFTPOS) terminals across different verticals.

Competitive Insights

The global Electronic Funds Transfer Point of Sale (EFTPOS) terminal market is highly competitive across end-use verticals, requiring manufacturers and resellers to understand the distinct differences and needs from segment to segment. The global Electronic Funds Transfer Point of Sale (EFTPOS) terminals market is highly fragmented, with top four players accounting for less than 45 percent of the market revenue. Some of the leading players identified in the global Electronic Funds Transfer Point of Sale (EFTPOS) terminal market include Verifone Systems, Inc., Ingenico S.A., PAX Technology, Equinox Payments LLC, Atos Worldline, and First Data Corporation. Other players including Fujitsu Limited, Panasonic Corporation, Toshiba Corporation, Hewlett Packard, NCR Corporation, MICROS Systems, Inc. and Smartpay Ltd. have been identified as some of the promising and emerging players in the global Electronic Funds Transfer Point of Sale (EFTPOS) terminal market.

Key Trends

• Increased penetration of credit and debit cards
• Growing preference for card-based payments
• Security issues pertaining to data breaches
• Growing acceptance for the EMV chip-card technology
• Lack of standard technology platform

ToC:

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global POS Terminals Market
2.2 Global POS Terminals Market, By Product Type, 2014
2.3 Global POS Terminals Market, By End-use
2.4 Global POS Terminals Market, By Component
2.5 Global POS Terminals Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Point-of-Sale (POS) Terminals Market Revenue and Growth, 2015 – 2025, (US$ Bn) (Y-o-Y %)
3.2 Market Inclination Insights
3.2.1 Steady Shift from Hard Currency Transactions to Cashless Transactions
3.2.2 Mobility Revolution
3.2.3 Cloud-based and Android POS Systems
3.2.4 Opportunity to Add Value and Loyalty Options
3.3 Market Drivers
3.3.1 Compliance with EMV Regulation to Create Replacement Demand
3.3.2 Increased Adoption of Credit and Debit Cards Fuelling Market Growth
3.3.3 Growing Demand for Mobile POS Terminals to Drive Market Growth
3.3.4 Enhanced Features and Lower Total Cost of Ownership (TCO) to Drive Demand in SMBs
3.4 Market Growth Inhibitors
3.4.1 Security Concerns Related to Data Breaches Inhibiting the Widespread Adoption of POS Terminals
3.4.2 Lack of Standard Platform
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Competitive Analysis
3.7.1 Market Positioning of Key Vendors…….

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