USA Outdoor Payment Terminal Market Overview
According to SPER Market Research, the USA Outdoor Payment Terminal Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
The outdoor payment terminal market in the United States was expanding rapidly due to a variety of factors. Because of the COVID-19 pandemic, there has been an increase in the use of contactless payment methods to reduce infection risk. This trend is expected to continue even after the pandemic has passed, increasing demand for outdoor payment terminals that accept contactless payments. The retail and hospitality industries in the United States are expanding, and many of these businesses are implementing outdoor payment terminals to provide convenient and secure payment options to their customers.
Outdoor payment terminals are becoming more sophisticated, with EMV chip card readers, NFC/contactless payment support, and biometric authentication. These developments are increasing the demand for new and upgraded outdoor payment terminals. The US government encourages the use of electronic payments to reduce the use of cash transactions, which can be more expensive and less secure. This has resulted in the use of outdoor payment terminals in a variety of government agencies and facilities.
Impact of COVID-19 on the USA Outdoor Payment Terminal Market
The COVID-19 pandemic has had a significant impact on the US outdoor payment terminal market. Here are some of the most significant ways in which the pandemic has impacted the market. Concerns about the virus's spread have resulted in an increase in demand for contactless payment methods. As a result, outdoor payment terminals that support contactless payments, such as NFC and mobile payments, are becoming more popular. The pandemic has hastened the transition to digital payments and e-commerce, increasing demand for outdoor payment terminals that support online and mobile transactions.
Consumer behaviour has changed as a result of the pandemic, with more people shopping online and using delivery services. As a result, demand for outdoor payment terminals that support mobile payments and delivery transactions has increased. Global supply chains have been disrupted as a result of the pandemic, causing delays in the production and delivery of outdoor payment terminals. This has resulted in a terminal shortage in some regions, which has hampered market growth. The pandemic has caused significant economic disruption, with many businesses struggling financially. As a result, the adoption of outdoor payment terminals has slowed as businesses prioritise cost-cutting measures.
Overall, the COVID-19 pandemic has had a mixed impact on the outdoor payment terminal market in the United States. While demand for contactless payments and digital transactions has increased, supply chain disruptions and economic uncertainty have also had a significant impact on the market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Application
|
| Regions covered | Northern, Southeast, Midwest, Southwest, West
|
| Companies Covered | Gilbarco Veeder-Root, IDTECH, Invenco, NCR Corporation, Outdoor Payment Terminal Providers, Wayne Fueling System
|
USA Outdoor Payment Terminal Market Segmentation:
1. By Type:
- Contactless Payment Terminal
- Contact Payment Terminal
2. By Application:
3. By Region:
- Northern
- Southeast
- Midwest
- Southwest
- West
Key Topics Covered in the Report:
- USA Outdoor Payment Terminal Market Size (FY’2019-FY’2032)
- USA Outdoor Payment Terminal Market Overview
- Segmentation of USA Outdoor Payment Terminal Market By Type (Contactless Payment Terminal, Contact Payment Terminal)
- Segmentation of USA Outdoor Payment Terminal Market By Application (Refuel, Carwash, Malls, Others)
- Growth Analysis of USA Outdoor Payment Terminal Market
- Problems and Challenges in USA Outdoor Payment Terminal Market
- Competitive Landscape in the USA Outdoor Payment Terminal Market
- Details on Recent Investment in USA Outdoor Payment Terminal Market
- Competitive Analysis of USA Outdoor Payment Terminal Market
- Major Players in the USA Outdoor Payment Terminal Market
- SWOT Analysis of USA Outdoor Payment Terminal Market
- USA Outdoor Payment Terminal Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the USA Outdoor Payment Terminal Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 USA Outdoor Payment Terminal Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in USA Outdoor Payment Terminal Market
7. USA Outdoor Payment Terminal Market, By Type, 2019-2032 (USD Million)
7.1 Contactless Payment Terminal
7.2 Contact Payment Terminal
8. USA Outdoor Payment Terminal Market, By Application, 2019-2032(USD Million)
8.1 Refuel
8.2 Carwash
8.3 Malls
8.4 Others
9. USA Outdoor Payment Terminal Market, By Region, 2019-2032 (USD Million)
9.1 USA Outdoor Payment Terminal Market Size and Market Share by Region (2019-2025)
9.2 USA Outdoor Payment Terminal Market Size and Market Share by Region (2026-2032)
9.3 Northern
9.4 Southeast
9.5 Midwest
9.6 Southwest
9.7 West
10. Company Profiles
10.1 Gilbarco Veeder-Root
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
10.2 IDTECH
10.2.1 Company details
10.2.2 Financial outlook
10.2.3 Product summary
10.2.4 Recent developments
10.3 Invenco
10.3.1 Company details
10.3.2 Financial outlook
10.3.3 Product summary
10.3.4 Recent developments
10.4 NCR Coorporation
10.4.1 Company details
10.4.2 Financial outlook
10.4.3 Product summary
10.4.4 Recent developments
10.5 Outdoor Payment Terminal Providers
10.5.1 Company details
10.5.2 Financial outlook
10.5.3 Product summary
10.5.4 Recent developments
10.6 Wayne Fueling System
10.6.1 Company details
10.6.2 Financial outlook
10.6.3 Product summary
10.6.4 Recent developments
10.6.5 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
