June 2022 | Canada News
- The rising adoption of technologies such
as AI, IOT and ML for faster transactions at fuel stations, coupled
with benefits such as ease of convenience offered by OPT will drive the
market growth.
- Over 80% of Canadian retailers and other
merchants offer their customers an EMV-certified payment option for their
debit and credit transactions.
- New entrants are partnering with other
companies to enhance their offerings and improve customer experience will
give major boost to the market.
Canada Outdoor Payment Terminal Market Growth
Strategy
Rising
Adoption of New Technologies: Ground breaking
technology such as artificial intelligence (AI), internet of things (IoT) and
digital platforms will continue to open up completely new possibilities,
enabling entirely new approaches to paying. Increasing adoption of contactless
or near-field communications (NFC) technology for credit card payment
and next gen payment options in RFID and smartphone devices that support
mobile-pay applications through digital scanners are expected to revolutionize
the payment solutions in coming years.
Outdoor
Payment Terminal Market Pipeline: Major
Outdoor payment terminals operators are exploring the market, players like
Gilbarco Veeder-Root, Wayne Fueling System, Verifone and more will focus on
adopting growth strategies such as partnerships, mergers & acquisitions,
and new product development to further expand their global market presence.
Government
Initiatives toward EV Infrastructure: In the
transition to zero-emission, the Government of Canada has set federal targets
for zero-emission vehicles to reach 10% of annual light vehicle sales by 2025,
30% by 2030 and 100% by 2040; approving $9 Bn worth of investment. With clean
fuel infrastructure policies and competitive tax policies, Canada is expected
to see rise in fuel stations across the country over the few years in future.
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
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
Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTc0NDM4
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
- Challenges 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
- Competitive Landscape in 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
Follow Us
LinkedIn
| Instagram | Facebook | Twitter | YouTube
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
