Gothenburg, Sweden. 16 March 2023 – In accordance with a brand new analysis report from IoT analyst agency Berg Perception, a marketplace for NFC-ready POS terminals continued to point out robust momentum in 2021 with annual shipments reaching an estimated 75.3 million models worldwide. The connect charge for NFC was highest in EU27+3 and North America, the place 98% of the POS terminals shipped featured NFC.
NFC was additionally a function in lots of different main markets worldwide, together with Brazil, Turkey and China. On a world foundation, about 80% of the POS terminals shipped in 2021 included NFC. Berg Perception initiatives the worldwide put in base of NFC-ready POS terminals will develop at a compound annual development charge (CAGR) of 11.6% from 168.7 million models in 2021 to 291.9 million models in 2026. In consequence, greater than 93% of the world’s POS terminals will probably be NFC-ready in 2026, up from 73% in 2021.
“The mPOS terminal market is rising at about the identical charge as the normal POS terminal section and there are greater than 70 distributors energetic on the worldwide market at this time” says Johan Fagerberg, principal analyst at Berg Perception. mPOS is the usage of consumer-oriented cellular units similar to tablets and smartphones that operate as a point-of-sale terminal to facilitate fee card transactions by means of a connection to a card-accepting reader. The connect charge for NFC within the mPOS section was 72% in 2021 as NFC-ready mPOS terminal shipments reached 29.4 million models.
Berg Perception forecasts that world shipments of NFC-ready mPOS terminals will develop at a compound annual development charge (CAGR) of 11.2% within the subsequent 5 years to succeed in 50.1 million models by 2026. “The expansion is pushed by the rise in mPOS terminal shipments from 40.9 million models in 2021 to 53.0 million models in 2026, in addition to by a development within the connect charge from 72% to 95%”, concludes Mr Fagerberg.
Obtain report brochure: Linked POS Terminals
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