June 2022 | Canada News
Shift from
Traditional OPT Terminals to Sustainable and Reliable OPTs: The modern OPTs solves the end user-POS machine
pain points. New OPTs systems are designed to maximize the service uptime of
the terminals, reduce maintenance, and increase the serviceability of the
terminals, providing continuous and uninterrupted operation 24/7. These systems
also withstand various harsh outdoor environmental climate conditions and
fluctuations such as temperature, water and dust resistance, and
anti-corrosion.
Push Towards
EMV Compliance: EMV chip
technology can store far more information than magnetic stripe credit cards as
it allows these credit cards to hold encrypted data and helps to protect
against in-store payment fraud. EMV compliance is effective since 14 October
2020 where all merchants must be EMV chip-enabled, with the exception of
unattended cardholder-activated terminals (UCAT) merchants. UCAT merchants will
required to be EMV-enabled by 14 October 2022. EMV technology allows customers
to pay securely via their smartphones and smart devices using NFC radio wave
technology with compatible EMV readers.
Promising
Government Initiatives: Government
of Canada is making it easier and more affordable for Canadians across the
country to drive zero-emission vehicles (ZEVs). The Government of Canada is
making investments to support the transformation towards electrification,
including $295 Mn to the Ford Motor Company of Canada’s $1.8 Bn project to
build electric vehicles at its Oakville Assembly Complex. Public Services and
Procurement Canada (PSPC) and greening government operations will lead the
increase in procurement of electrical fleet vehicles installation of EV
Charging Stations This will generate the development of more EV Charging
Stations, hence, OPTs at these stations.
The report “Canada
Outdoor Payment Terminal Market Outlook to 2025F – Driven by Rising Tech
Adoption and Next Generation Payments along with Government Support”
by Ken Research provides a comprehensive analysis of the potential of Outdoor
Payment Terminal Industry in Canada. The report also covers overview and
genesis of the industry, market size in terms of installed base of OPTs;
Adoption rate of OPTs on the basis of consumer behavior; growth enablers and
drivers, challenges and bottlenecks, Industry disruption technologies;
regulatory framework; product comparison of different OPT brands, market shares
of major OPT providers on the basis of installed base of OPTs. The report
concludes with long term outlook Assessing the growth in Petroleum and
Convenience Retail and EV Charging Stations.
Key Segments
Covered
Canada
Outdoor Payment Market Sizing Analysis:
- By Total Sales of installed base of OPTs,
2021-2025F
- By Y-o-Y Sales of installed base of OPTs,
2021-2025F
- By Adoption Rate of OPTs on the basis of
Consumer Behavior, 2021-2025F
- Assessing the Growth in Petroleum Convenience
Stores, 2020-2025F
- Assessing the Growth in EV Charging Stations,
2020-2025F
Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTc0NDM4
Key Target
Audience
- Outdoor Payment Terminal Providers
- Outdoor Payment Terminal Distributors
- Payment Processing Companies
- Payment Switch Companies
- Fueling Stations
- Convenience Stores
- EV Charging Stations
- Research organizations and consulting
companies
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
OPT Terminal
Time Period
Captured in the Report:
- Base Year: 2021
- Forecast Period: 2021– 2025F
Companies
Covered:
OPT
Providers
- Gilbarco Veeder-Root
- Wayne Fueling System
- Verifone
- Ingenico
- Invenco
Key Topics
Covered in the Report
- Canada Outdoor Payment Terminal Market
Overview
- Competitive
Landscape in Canada Outdoor Payment Terminal Market
- Supply Side Ecosystem of Canada Outdoor
Payment Terminal Market
- Demand Side Canada Outdoor Payment Terminal
Market
- Snapshot on Canada EV Station Market
- Snapshot of Canada Fuel Stations Market
- Value Chain Analysis OPT Payment Terminal
Manufacturing Industry in Canada
- Enablers and Growth Drivers in Canada Outdoor
Payment Terminal Market
- Major Challenges and Bottlenecks in Canada
Outdoor Payment Terminal Market
- Entry Barriers in Canada Outdoor Payment
Terminal Market
- Regulatory Framework Canada Outdoor Payment
Terminal Market
- End User Analysis of Canada Outdoor Payment
Terminal Market
- Market Share of Major OPT Providers in Canada
Outdoor Payment Terminal Market
- Detailed Analysis on Canada Outdoor Payment
Terminal Market (Market Size of Total Sales of OPTs on the basis of
installed base, 2021-2025F; Adoption Rate of OPTs on the basis of Consumer
Behavior, 2021-2025F, Assessing the Growth in PCR and EV Charging
Stations, 2020-2025F)
- Long Term Outlook for Canada Outdoor Payment
Terminal Market
Related
Reports
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
