Global Virtual Payment (POS) Terminals Market Insights, Forecast to 2028

Virtual Payment Terminals Market 

The global Virtual Payment (POS) Terminals market size is projected to reach USD 23250 Million by 2028, from USD 8039.3 Million in 2021, at a CAGR of 15.9% during 2022-2028.

Virtual payment (POS) terminals is a Web-based version of a credit card swipe device that allows merchants to process orders made by mail, over the phone or online.Companies are focusing on adapting to new digital consumer behaviour by replacing traditional payment systems with virtual payment (POS) terminals.

Fully considering the economic change by this health crisis, Software Platform accounting for % of the Virtual Payment (POS) Terminals global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Retail segment is altered to an % CAGR throughout this forecast period.

China Virtual Payment (POS) Terminals market size is valued at US$ million in 2021, while the North America and Europe Virtual Payment (POS) Terminals are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Virtual Payment (POS) Terminals landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Virtual Payment (POS) Terminals market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Virtual Payment (POS) Terminals market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Virtual Payment (POS) Terminals market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Virtual Payment (POS) Terminals market.

Virtual Payment (POS) Terminals market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Virtual Payment (POS) Terminals market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• Software Platform
• Professional Services

By Application

• Retail
• Food and Drink
• Entertainment
• Other

By Company

• PAX Technology
• Ingenico Group
• Shenzhen Xinguodu Technology
• Cisco
• Fujian Newland Payment Technology
• NCR Corporation
• NEC Corporation
• Panasonic Corporation
• Samsung
• VeriFone Systems

By Company

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA