Virtual Payment (POS) Terminals Global Market Report 2024

Global Virtual Payment (POS) Terminal Market Report 2024

Virtual Payment (POS) Terminals Global Market Report 2024 – By Solution (Software Platform, Professional Services), By Industry (Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries) – Market Size, Trends, And Global Forecast 2024-2033

Name: Virtual Payment (POS) Terminals Global Market Report 2024
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Virtual Payment (POS) Terminals Global Market Report 2024

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Virtual Payment (POS) Terminals Global Market Report 2024

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Virtual Payment (POS) Terminals Market Definition

The virtual payment (POS) terminals refer to a web-based application that enables to manage the electronic payments over the phone, through the mail, fax, email, or in person. Virtual terminals utilize non-physical software programs yet function similarly to a physical card reader. The customers insert or tap their card into a physical card reader and enter their PIN to confirm the transaction with the machine. After then, the transaction is processed automatically.

The main solutions of virtual payment (POS) terminals include software platforms and professional services. The software platform of virtual payment (POS) terminals offers software solutions to run the virtual payment (POS) terminals. The end-users of virtual payment (POS) terminals include retail, warehouse, hospitality, consumer electronics, food and beverages, healthcare, entertainment, and other industries.

Virtual Payment (POS) Terminals Market Segmentation

The virtual payment (pos) terminals market covered in this report is segmented –

1) By Solution: Software Platform, Professional Services

2) By Industry: Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries

Global Virtual Payment (POS) Terminals Market Size 2023 to 2028: Graph

Virtual Payment (POS) Terminals Market Size 2024 And Growth Rate

The virtual payment (pos) terminals market size has grown exponentially in recent years. It will grow from $13.7 billion in 2023 to $18.18 billion in 2024 at a compound annual growth rate (CAGR) of 32.7%. The growth in the historic period can be attributed to market competition and differentiation, mobile wallet adoption, retail industry evolution, consumer demand for convenience, regulatory changes..

Virtual Payment (POS) Terminals Market Growth Forecast

The virtual payment (pos) terminals market size is expected to see exponential growth in the next few years. It will grow to $57.91 billion in 2028 at a compound annual growth rate (CAGR) of 33.6%. The growth in the forecast period can be attributed to rapid technological adaptation, environmental concerns and sustainability, subscription-based models and service enhancements, globalization and cross-border transactions, security and compliance measures.. Major trends in the forecast period include partnerships and integrations, subscription and service-based models, globalization and cross-border payments, evolving technology, product innovations.

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Virtual Payment (POS) Terminals Market Driver: Rising Digital Payment Prevalence Drives Growth Of Virtual Payment (POS) Terminals Market

The increasing prevalence of digital payment methods is driving the virtual payment (POS) terminals market. The digital revolution has increased access to and use of financial services globally, changing how people send and receive payments, borrow money, and save money. In addition to the global spread of formal financial institutions, the COVID-19 epidemic has sparked financial inclusion and led to a significant rise in digital payments. Virtual payment (POS) terminals aid digital payments and manage the payments over the phone, through the mail, fax, email, or in person. For instance, in 2021, according to McKinsey’s 2021 Digital Payments Consumer Survey, digital payments grew by 12% during 2020-2021 period. Thus, the increase in digital payments is expected to boost demand for virtual payment (POS) terminals during the forecast period.

Virtual Payment (POS) Terminals Market Driver: Increasing Restaurant Demand Boosts Growth Of Restaurant Pos Terminal Market

Growing demand for restaurants is expected to propel the growth of the restaurant POS terminal market going forward. A restaurant is a business establishment where meals or refreshments may be purchased and consumed. A virtual payment (POS) terminal plays a crucial role in the restaurant sector by providing a computerized system that simplifies bookkeeping and tracks food inventory, cash flow, and sales. It is a mandatory requirement for restaurants, as a high volume of both cash and credit cards passes through the restaurant every day. For instance, in October 2023, according to the National Restaurant Association, a US-based restaurant industry business association, it is projected that the sales of the restaurant industry will hit $899 billion in 2023. Therefore, the growing demand for restaurants is driving the growth of the restaurant POS terminal market.

Global Virtual Payment (POS) Terminals Market Major Players

Major companies operating in the virtual payment (pos) terminals market report are Castles Technology Co. Ltd., Diebold Nixdorf Incorporated, NCR Corporation, Panasonic Corporation, PAX Technology Limited, Square Inc., Stripe Inc., Adyen N. V., Global Payments Inc., First Data Corporation, Wirecard AG, Verifone Systems Inc., Ingenico Group SA, Fujian Newland Payment Technology Co Ltd., BBPOS Limited, BitPay Inc., Shift4 Payments LLC, PayU Group, Paytm Mobile Solutions Private Limited, Mswipe Technologies Private Limited, Payzone UK Limited, InovioPay LLC, Amazon. com Inc., VeriFone Inc., iZettle AB, SumUp Inc., Shopify Inc., Lightspeed POS Inc., Revel Systems Inc.

Global Virtual Payment (POS) Terminals Market Trend: Biometric Payment Advances In Virtual Pos Terminals Market

Technological Advancement is a key trend gaining popularity in the virtual payment (POS) terminals market. The biometric payment system is a technology that is being widely used for virtual payment (POS) terminals. Biometric payment is a point-of-sale (POS) technology that identifies users and authorizes withdrawals from bank accounts using physical characteristics-based biometric authentication. In May 2022, Mastercard, a global payments & technology company, launched a Biometric Checkout Program. The Biometric Checkout Program participants allow customers to easily sign up for their biometric checkout services in-store or at home via a merchant or identity provider app. Once enrolled, there is no need to make the checkout line slower by digging around In their luggage or pockets. Customers only need to verify the bill, smile for the camera, or wave their palms over the reader to make a payment. The new technology gives customers the freedom to choose their preferred payment method while ensuring a quick and safe checkout experience.

Global Virtual Payment (POS) Terminals Market Trend: Advancing Restaurant Pos With Mobile Solutions

Major companies operating in the virtual payment (POS) terminals market are focused on introducing advanced mobile restaurant POS solutions to gain a competitive edge in the market. A mobile restaurant POS platform is a software system that enables restaurant owners to accept payments on the go using their own tablets or smartphones. For instance, in May 2022, Square, a US-based financial services platform, launched the Mobile Restaurant POS Platform that provides a virtual payment (POS) terminal for restaurants. With the capacity of its all-in-one restaurant point of service (POS), the new Square for Restaurants mobile POS gives servers easier order-taking capabilities. According to the site, establishments using Square for restaurants have had greater success managing large numbers of tables.

Virtual Payment (POS) Terminals Market Merger And Acquisition: Pnc Enhances Restaurant And Hotel Services With Linga Pos Acquisition

In September 2022, PNC Financial Services Group Inc. acquired Linga POS LLC for an undisclosed amount. This acquisition will improve PNC's ability to service its clients in the hotel and restaurant industries by expanding the bank's digital resources. Linga POS LLC is a virtual payment (POS) terminal company that offers a cloud-based, platform-as-a-service solution for the hospitality industry.

Regional Outlook For The Global Virtual Payment (POS) Terminals Market

North America was the largest region in the virtual payment (POS) terminals market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual payment (pos) terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the virtual payment (pos) terminals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The virtual payment (POS) terminals market consists of revenues earned by entities by providing online POS, cloud-based POS and desktop POS. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The virtual payment (POS) terminals market research report is one of a series of new reports from The Business Research Company that provides virtual payment (POS) terminals market statistics, including virtual payment (POS) terminals industry global market size, regional shares, competitors with a virtual payment (POS) terminals market share, detailed virtual payment (POS) terminals market segments, market trends and opportunities, and any further data you may need to thrive in the virtual payment (POS) terminals industry. This virtual payment (POS) terminals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Virtual Payment (POS) Terminals Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$18.18 billion
Revenue Forecast In 2033	$57.91 billion
Growth Rate	CAGR of 33.6% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Solution: Software Platform, Professional Services 2) By Industry: Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Castles Technology Co. Ltd.; Diebold Nixdorf Incorporated; NCR Corporation; Panasonic Corporation; PAX Technology Limited; Square Inc.; Stripe Inc.; Adyen N. V.; Global Payments Inc.; First Data Corporation; Wirecard AG; Verifone Systems Inc.; Ingenico Group SA; Fujian Newland Payment Technology Co Ltd.; BBPOS Limited; BitPay Inc.; Shift4 Payments LLC; PayU Group; Paytm Mobile Solutions Private Limited; Mswipe Technologies Private Limited; Payzone UK Limited; InovioPay LLC; Amazon. com Inc.; VeriFone Inc.; iZettle AB; SumUp Inc.; Shopify Inc.; Lightspeed POS Inc.; Revel Systems Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Virtual Payment (POS) Terminals Market Characteristics

3. Virtual Payment (POS) Terminals Market Trends And Strategies

4. Virtual Payment (POS) Terminals Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Virtual Payment (POS) Terminals Market Size and Growth

5.1. Global Virtual Payment (POS) Terminals Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Virtual Payment (POS) Terminals Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Virtual Payment (POS) Terminals Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Virtual Payment (POS) Terminals Market Segmentation

6.1. Global Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Software Platform

Professional Services

6.2. Global Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Retail

Warehouse

Hospitality

Consumer Electronics

Food and Beverages

Healthcare

Entertainment

Other Industries

7. Virtual Payment (POS) Terminals Market Regional And Country Analysis

7.1. Global Virtual Payment (POS) Terminals Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Virtual Payment (POS) Terminals Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Virtual Payment (POS) Terminals Market

8.1. Asia-Pacific Virtual Payment (POS) Terminals Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Virtual Payment (POS) Terminals Market

9.1. China Virtual Payment (POS) Terminals Market Overview

9.2. China Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Virtual Payment (POS) Terminals Market

10.1. India Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Virtual Payment (POS) Terminals Market

11.1. Japan Virtual Payment (POS) Terminals Market Overview

11.2. Japan Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Virtual Payment (POS) Terminals Market

12.1. Australia Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Virtual Payment (POS) Terminals Market

13.1. Indonesia Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Virtual Payment (POS) Terminals Market

14.1. South Korea Virtual Payment (POS) Terminals Market Overview

14.2. South Korea Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Virtual Payment (POS) Terminals Market

15.1. Western Europe Virtual Payment (POS) Terminals Market Overview

15.2. Western Europe Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Virtual Payment (POS) Terminals Market

16.1. UK Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Virtual Payment (POS) Terminals Market

17.1. Germany Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Virtual Payment (POS) Terminals Market

18.4. France Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Virtual Payment (POS) Terminals Market

19.7. Italy Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Virtual Payment (POS) Terminals Market

20.10. Spain Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Virtual Payment (POS) Terminals Market

21.1. Eastern Europe Virtual Payment (POS) Terminals Market Overview

21.2. Eastern Europe Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Virtual Payment (POS) Terminals Market

22.1. Russia Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Virtual Payment (POS) Terminals Market

23.1. North America Virtual Payment (POS) Terminals Market Overview

23.2. North America Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Virtual Payment (POS) Terminals Market

24.1. USA Virtual Payment (POS) Terminals Market Overview

24.2. USA Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Virtual Payment (POS) Terminals Market

25.1. Canada Virtual Payment (POS) Terminals Market Overview

25.2. Canada Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Virtual Payment (POS) Terminals Market

26.1. South America Virtual Payment (POS) Terminals Market Overview

26.2. South America Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Virtual Payment (POS) Terminals Market

27.1. Brazil Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Virtual Payment (POS) Terminals Market

28.1. Middle East Virtual Payment (POS) Terminals Market Overview

28.2. Middle East Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Virtual Payment (POS) Terminals Market

29.1. Africa Virtual Payment (POS) Terminals Market Overview

29.2. Africa Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Virtual Payment (POS) Terminals Market Competitive Landscape And Company Profiles

30.1. Virtual Payment (POS) Terminals Market Competitive Landscape

30.2. Virtual Payment (POS) Terminals Market Company Profiles

30.2.1. Castles Technology Co. Ltd.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Diebold Nixdorf Incorporated

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. NCR Corporation

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Panasonic Corporation

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. PAX Technology Limited

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Virtual Payment (POS) Terminals Market Competitive Benchmarking

32. Global Virtual Payment (POS) Terminals Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Virtual Payment (POS) Terminals Market

34. Virtual Payment (POS) Terminals Market Future Outlook and Potential Analysis

34.1 Virtual Payment (POS) Terminals Market In 2028 - Countries Offering Most New Opportunities

34.2 Virtual Payment (POS) Terminals Market In 2028 - Segments Offering Most New Opportunities

34.3 Virtual Payment (POS) Terminals Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Virtual Payment (POS) Terminals Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Virtual Payment (POS) Terminals Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Castles Technology Co. Ltd. Financial Performance

Table 52: Diebold Nixdorf Incorporated Financial Performance

Table 53: NCR Corporation Financial Performance

Table 54: Panasonic Corporation Financial Performance

Table 55: PAX Technology Limited Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Virtual Payment (POS) Terminals Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Virtual Payment (POS) Terminals Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Castles Technology Co. Ltd. Financial Performance

Figure 52: Diebold Nixdorf Incorporated Financial Performance

Figure 53: NCR Corporation Financial Performance

Figure 54: Panasonic Corporation Financial Performance

Figure 55: PAX Technology Limited Financial Performance

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Frequently Asked Questions

What is the definition of the virtual payment (pos) terminals market?

How will the virtual payment (pos) terminals market drivers and restraints affect the virtual payment (pos) terminals market dynamics? What forces will shape the virtual payment (pos) terminals industry going forward?

The virtual payment (pos) terminals market major growth driver - rising digital payment prevalence drives growth of virtual payment (pos) terminals market. For further insights on the virtual private network (vpn) market, request a sample here

What is the forecast market size or the forecast market value of the virtual payment (pos) terminals market ?

The virtual payment (pos) terminals market size has grown exponentially in recent years. It will grow from $13.7 billion in 2023 to $18.18 billion in 2024 at a compound annual growth rate (CAGR) of 32.7%. The growth in the historic period can be attributed to market competition and differentiation, mobile wallet adoption, retail industry evolution, consumer demand for convenience, regulatory changes.. The virtual payment (pos) terminals market size is expected to see exponential growth in the next few years. It will grow to $57.91 billion in 2028 at a compound annual growth rate (CAGR) of 33.6%. The growth in the forecast period can be attributed to rapid technological adaptation, environmental concerns and sustainability, subscription-based models and service enhancements, globalization and cross-border transactions, security and compliance measures.. Major trends in the forecast period include partnerships and integrations, subscription and service-based models, globalization and cross-border payments, evolving technology, product innovations. For further insights on the virtual private network (vpn) market, request a sample here

How is the virtual payment (pos) terminals market segmented?

The virtual payment (pos) terminals market is segmentedThe virtual payment (pos) terminals market covered in this report is segmented –
1) By Solution: Software Platform, Professional Services
2) By Industry: Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other IndustriesFor further insights on the virtual private network (vpn) market, request a sample here

Which region has the largest share of the virtual payment (pos) terminals market? What are the other regions covered in the report?

North America was the largest region in the virtual payment (POS) terminals market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual payment (pos) terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the virtual private network (vpn) market, request a sample here.

Who are the major players in the virtual payment (pos) terminals market?

What are the key trends in the virtual payment (pos) terminals market?

Major trend in the virtual payment (pos) terminals market - biometric payment advances in virtual pos terminals market. For further insights on the virtual private network (vpn) market, request a sample here.

What are the major opportunities in the virtual payment (pos) terminals market? What are the strategies for the virtual payment (pos) terminals market?

For detailed insights on the major opportunities and strategies in the virtual payment (pos) terminals market, request a sample here.

How does the virtual payment (pos) terminals market relate to the overall economy and other similar markets?

For detailed insights on virtual payment (pos) terminals market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the virtual payment (pos) terminals industry?

For detailed insights on the mergers and acquisitions in the virtual payment (pos) terminals industry, request a sample here.

What are the key dynamics influencing the virtual payment (pos) terminals market growth? SWOT analysis of the virtual payment (pos) terminals market.

For detailed insights on the key dynamics influencing the virtual payment (pos) terminals market growth and SWOT analysis of the virtual payment (pos) terminals industry, request a sample here.