The Asia Pacific Outdoor Payment Terminal Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
Prior to the invention of payment terminals, retailers would manually enter card data into ZipZap devices. The benefit of efficiency through quicker transaction processing times as well as immediate payment authorization drove the development of payment terminals. Terminals offer end-to-end card data encryption or auditing capabilities in terms of security. Nevertheless, POS pin pad malware has occasionally been found.
Additionally, there have been instances of card terminal skimming, which prompted the switch from the magnetic strip to EMV standards for data collection. Prior to the invention of payment terminals, businesses would manually imprint information from a credit card's embossed data over a paper slip along with carbon paper copies. These paper slips needed to be processed at the bank. It took a long time and was difficult to do. Users can swiftly and securely make purchases leveraging mobile payment programs supplied by competitors, like Apple Pay, Samsung Pay, and Google's Android Pay through NFC-enabled terminals.
The adoption of digital payment approaches in the region is accelerating. According to the Australian Competition and Consumer Commission, 85% of people on the planet live in emerging markets. The 2.5 billion people in India and China alone make up more than a third of the global population, making even little market improvements in rapidly expanding nations enormously significant. The payments business in these nations is undergoing a considerable transition as a result of changing customer expectations.
The China market dominated the Asia Pacific Outdoor Payment Terminal Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $160.7 Million by 2028. The Japan market is estimated to grow a CAGR of 8.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 10.1% during (2022 - 2028).
Based on Application, the market is segmented into Refuel, Carwash, Malls and Others. Based on Type, the market is segmented into Contact-based, and Contactless. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Outdoor Payment Terminal Market is Projected to reach USD 2.1 Billion by 2028, at a CAGR of 8.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., NCR Corporation, Temenos AG, VeriFone Holdings, Inc. (Francisco Partners), Capgemini SE, Scheidt & Bachmann GmbH, Finastra Group Holdings Limited (Vista Equity Partners), Dover Fueling Solutions (Dover Corporation), Invenco Group Ltd., and Gilbarco, Inc. (Fortive Corporation).
Scope of the Study
Market Segments Covered in the Report:
By Application
By Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- NCR Corporation
- Temenos AG
- VeriFone Holdings, Inc. (Francisco Partners)
- Capgemini SE
- Scheidt & Bachmann GmbH
- Finastra Group Holdings Limited (Vista Equity Partners)
- Dover Fueling Solutions (Dover Corporation)
- Invenco Group Ltd.
- Gilbarco, Inc. (Fortive Corporation)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Outdoor Payment Terminal Market, by Application
1.4.2 Asia Pacific Outdoor Payment Terminal Market, by Type
1.4.3 Asia Pacific Outdoor Payment Terminal Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Outdoor Payment Terminal Market
Chapter 4. Asia Pacific Outdoor Payment Terminal Market by Application
4.1 Asia Pacific Refuel Market by Country
4.2 Asia Pacific Carwash Market by Country
4.3 Asia Pacific Malls Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Outdoor Payment Terminal Market by Type
5.1 Asia Pacific Contact-based Market by Country
5.2 Asia Pacific Contactless Market by Country
Chapter 6. Asia Pacific Outdoor Payment Terminal Market by Country
6.1 China Outdoor Payment Terminal Market
6.1.1 China Outdoor Payment Terminal Market by Application
6.1.2 China Outdoor Payment Terminal Market by Type
6.2 Japan Outdoor Payment Terminal Market
6.2.1 Japan Outdoor Payment Terminal Market by Application
6.2.2 Japan Outdoor Payment Terminal Market by Type
6.3 India Outdoor Payment Terminal Market
6.3.1 India Outdoor Payment Terminal Market by Application
6.3.2 India Outdoor Payment Terminal Market by Type
6.4 South Korea Outdoor Payment Terminal Market
6.4.1 South Korea Outdoor Payment Terminal Market by Application
6.4.2 South Korea Outdoor Payment Terminal Market by Type
6.5 Singapore Outdoor Payment Terminal Market
6.5.1 Singapore Outdoor Payment Terminal Market by Application
6.5.2 Singapore Outdoor Payment Terminal Market by Type
6.6 Malaysia Outdoor Payment Terminal Market
6.6.1 Malaysia Outdoor Payment Terminal Market by Application
6.6.2 Malaysia Outdoor Payment Terminal Market by Type
6.7 Rest of Asia Pacific Outdoor Payment Terminal Market
6.7.1 Rest of Asia Pacific Outdoor Payment Terminal Market by Application
6.7.2 Rest of Asia Pacific Outdoor Payment Terminal Market by Type
Chapter 7. Company Profiles
7.1 Apple, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 NCR Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 Temenos AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 SWOT Analysis
7.4 VeriFone Holdings, Inc. (Francisco Partners)
7.4.1 Company Overview
7.5 Capgemini SE
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.6 Scheidt & Bachmann GmbH
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.7 Finastra Group Holdings Limited (Vista Equity Partners)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.7.2.2 Product Launches and Product Expansions:
7.8 Dover Fueling Solutions (Dover Corporation)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional & Segmental Analysis
7.8.4 Research & Development Expenses
7.9 Invenco Group Ltd.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.10. Gilbarco, Inc. (Fortive Corporation)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Outdoor Payment Terminal Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Outdoor Payment Terminal Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Outdoor Payment Terminal Market by Application, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Outdoor Payment Terminal Market by Application, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Refuel Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Refuel Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Carwash Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Carwash Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Malls Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Malls Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Outdoor Payment Terminal Market by Type, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Outdoor Payment Terminal Market by Type, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Contact-based Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Contact-based Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Contactless Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Contactless Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Outdoor Payment Terminal Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Outdoor Payment Terminal Market by Country, 2022 - 2028, USD Million
TABLE 21 China Outdoor Payment Terminal Market, 2018 - 2021, USD Million
TABLE 22 China Outdoor Payment Terminal Market, 2022 - 2028, USD Million
TABLE 23 China Outdoor Payment Terminal Market by Application, 2018 - 2021, USD Million
TABLE 24 China Outdoor Payment Terminal Market by Application, 2022 - 2028, USD Million
TABLE 25 China Outdoor Payment Terminal Market by Type, 2018 - 2021, USD Million
TABLE 26 China Outdoor Payment Terminal Market by Type, 2022 - 2028, USD Million
TABLE 27 Japan Outdoor Payment Terminal Market, 2018 - 2021, USD Million
TABLE 28 Japan Outdoor Payment Terminal Market, 2022 - 2028, USD Million
TABLE 29 Japan Outdoor Payment Terminal Market by Application, 2018 - 2021, USD Million
TABLE 30 Japan Outdoor Payment Terminal Market by Application, 2022 - 2028, USD Million
TABLE 31 Japan Outdoor Payment Terminal Market by Type, 2018 - 2021, USD Million
TABLE 32 Japan Outdoor Payment Terminal Market by Type, 2022 - 2028, USD Million
TABLE 33 India Outdoor Payment Terminal Market, 2018 - 2021, USD Million
TABLE 34 India Outdoor Payment Terminal Market, 2022 - 2028, USD Million
TABLE 35 India Outdoor Payment Terminal Market by Application, 2018 - 2021, USD Million
TABLE 36 India Outdoor Payment Terminal Market by Application, 2022 - 2028, USD Million
TABLE 37 India Outdoor Payment Terminal Market by Type, 2018 - 2021, USD Million
TABLE 38 India Outdoor Payment Terminal Market by Type, 2022 - 2028, USD Million
TABLE 39 South Korea Outdoor Payment Terminal Market, 2018 - 2021, USD Million
TABLE 40 South Korea Outdoor Payment Terminal Market, 2022 - 2028, USD Million
TABLE 41 South Korea Outdoor Payment Terminal Market by Application, 2018 - 2021, USD Million
TABLE 42 South Korea Outdoor Payment Terminal Market by Application, 2022 - 2028, USD Million
TABLE 43 South Korea Outdoor Payment Terminal Market by Type, 2018 - 2021, USD Million
TABLE 44 South Korea Outdoor Payment Terminal Market by Type, 2022 - 2028, USD Million
TABLE 45 Singapore Outdoor Payment Terminal Market, 2018 - 2021, USD Million
TABLE 46 Singapore Outdoor Payment Terminal Market, 2022 - 2028, USD Million
TABLE 47 Singapore Outdoor Payment Terminal Market by Application, 2018 - 2021, USD Million
TABLE 48 Singapore Outdoor Payment Terminal Market by Application, 2022 - 2028, USD Million
TABLE 49 Singapore Outdoor Payment Terminal Market by Type, 2018 - 2021, USD Million
TABLE 50 Singapore Outdoor Payment Terminal Market by Type, 2022 - 2028, USD Million
TABLE 51 Malaysia Outdoor Payment Terminal Market, 2018 - 2021, USD Million
TABLE 52 Malaysia Outdoor Payment Terminal Market, 2022 - 2028, USD Million
TABLE 53 Malaysia Outdoor Payment Terminal Market by Application, 2018 - 2021, USD Million
TABLE 54 Malaysia Outdoor Payment Terminal Market by Application, 2022 - 2028, USD Million
TABLE 55 Malaysia Outdoor Payment Terminal Market by Type, 2018 - 2021, USD Million
TABLE 56 Malaysia Outdoor Payment Terminal Market by Type, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Outdoor Payment Terminal Market, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Outdoor Payment Terminal Market, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Outdoor Payment Terminal Market by Application, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Outdoor Payment Terminal Market by Application, 2022 - 2028, USD Million
TABLE 61 Rest of Asia Pacific Outdoor Payment Terminal Market by Type, 2018 - 2021, USD Million
TABLE 62 Rest of Asia Pacific Outdoor Payment Terminal Market by Type, 2022 - 2028, USD Million
TABLE 63 Key Information – Apple, Inc.
TABLE 64 Key Information – NCR Corporation
TABLE 65 Key Information – Temenos AG
TABLE 66 Key Information – VeriFone Holdings, Inc.
TABLE 67 Key Information – Capgemini SE
TABLE 68 key Information – Scheidt & Bachmann GmbH
TABLE 69 Key Information – Finastra Group Holdings Limited
TABLE 70 Key Information – Dover Fueling Solutions
TABLE 71 Key Information – Invenco Group Ltd.
TABLE 72 Key Information – Gilbarco, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: apple, Inc.
FIG 3 SWOT Analysis: Temenos AG
FIG 4 Recent strategies and developments: Finastra Group Holdings Limited
FIG 5 Recent strategies and developments: Invenco Group Ltd.