Gothenburg, Sweden – March 16, 2023 (Newsfile Corp.) (Investorideas.com Newswire) In keeping with a brand new analysis report from IoT analyst agency Berg Perception, the marketplace for NFC-ready POS terminals continued to point out robust momentum in 2021 with annual shipments reaching an estimated 75.3 million items worldwide. The connect price for NFC was highest in EU27+3 and North America, the place 98 p.c of the POS terminals shipped featured NFC. NFC was additionally a very fashionable characteristic in lots of different main markets worldwide, together with Brazil, Turkey and China. On a worldwide foundation, about 80 p.c of the POS terminals shipped in 2021 included NFC. Berg Perception tasks the worldwide put in base of NFC-ready POS terminals will develop at a compound annual development price (CAGR) of 11.6 p.c from 168.7 million items in 2021 to 291.9 million items in 2026. Because of this, greater than 93 p.c of the world’s POS terminals can be NFC-ready in 2026, up from 73 p.c in 2021.
“The mPOS terminal market is rising at about the identical price as the standard POS terminal section and there are greater than 70 distributors energetic on the worldwide market at present” mentioned Johan Fagerberg, Principal Analyst at Berg Perception. mPOS is using consumer-oriented cellular gadgets equivalent to tablets and smartphones that operate as a point-of-sale terminal to facilitate cost card transactions by a connection to a card-accepting reader. The connect price for NFC within the mPOS section was 72 p.c in 2021 as NFC-ready mPOS terminal shipments reached 29.4 million items. Berg Perception forecasts that world shipments of NFC-ready mPOS terminals will develop at a compound annual development price (CAGR) of 11.2 p.c within the subsequent 5 years to achieve 50.1 million items by 2026. “The expansion is pushed by the rise in mPOS terminal shipments from 40.9 million items in 2021 to 53.0 million items in 2026, in addition to by a development within the connect price from 72 p.c to 95 p.c”, concludes Mr Fagerberg.
Obtain report brochure: Connected POS Terminals
About Berg Perception
Berg Perception is a devoted M2M/IoT market analysis agency primarily based in Sweden. We’ve got been specialising in all main M2M/IoT verticals equivalent to fleet administration, automotive telematics, good metering, good houses, mHealth and industrial M2M since 2004. Our imaginative and prescient is to be probably the most invaluable supply of intelligence for our prospects. Berg Perception gives quite a few market stories, detailed market forecast databases and advisory providers. We offer customized analysis tailor-made to your necessities together with focussed analysis papers, enterprise case evaluation, go-to-market methods and bespoke market forecasting. We’ve got supplied analytical providers to 1400 shoppers in 72 nations on six continents to this point. Our prospects vary from lots of the world’s largest cellular operators, IT firms and telecom distributors, to enterprise capitalists, know-how start-ups and specialist consultants.
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Johan Fagerberg, CEO
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