The Outdoor Payment Terminal Market is predicted to grow significantly in the next years as a result of increased payment infrastructure penetration, EMV standards, and transition from POS devices to outdoor payment terminals due to their simplicity and contactless payment mode.
A growing adoption of
technologies such ML and AI coupled with conveniences to the customers such as
shorter transaction times and ease of use are driving the growth of outdoor
payment terminals market. In midst of the pandemic, the work-from-home culture
and e-commerce have contributed to the growth of the OPT market. The use of
outdoor payment terminals is on the rise and is anticipated to gather momentum
among customers and become a viable payment alternative. The Outdoor Payment
Terminal Market in New Zealand is segmented on the basis of total installed
base and will grow at a CAGR of ~% over the period 2021-2025F.
New
Zealand Outdoor Payment Terminal Installation and Adoption Rate
Year-On-Year
Installation of Outdoor Payment Terminals: The year-on-year installation of outdoor payment terminals are expected
to increase due to the convenience and easy to use interface with profitability
for both EV charging stations and fuel stations.
Adoption
rate for Outdoor Payment Terminals (Consumer Behavior in %): The outdoor payments terminals are high in
adoption among consumers both in fuel stations and convenience stores.
Assessing
the Growth in PCT and EV Charging Payment Terminal Market Future Outlook and Projections
Outdoor payment terminal market
will be affected by number of fuelling stations and EV charging stations in the
near future. Infrastructure and concerns about charging EVs will also change,
rendering fuel stations less in demand in the future when EVs are more
affordable for the public at large. Over the near term, number of fueling
station EV charging station are expected to grow at a CAGR of ~% and ~%
respectively over the period 2021 to 2025F.
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Competition
Landscape in New Zealand Outdoor payment terminal Market
The
competition for outdoor payment terminal market was observed to be moderately
concentrated in New Zealand. Gilbarco Veeder-Root is the market leader in the
Outdoor Payment Terminal Market whereas Gilbarco Veeder-Root and Ingenico
contributed major market share on the basis of OPT installed base in New
Zealand Outdoor Payment Terminal Market. Other market players in Outdoor
Payment Terminal Market in New Zealand are NCR, Invenco, Compac and more.
Companies in Outdoor Payment Terminal Market in New Zealand are competing based
on Product Features, Product Range, Company Capabilities, Sales Model, Business
Model, Product Advantage and Security.
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
Key Topics
Covered in the Report
- New
Zealand Outdoor Payment Terminal Market Growth Strategy
- Supply Side Ecosystem of New Zealand Outdoor
Payment Terminal Market
- Demand Side New Zealand Outdoor Payment
Terminal Market
- Snapshot on New Zealand EV Station Market
- Snapshot of New Zealand Fuel Stations Market
- Value Chain Analysis OPT Payment Terminal
Manufacturing Industry in New Zealand
- Enablers and Growth Drivers in New Zealand
Outdoor Payment Terminal Market
- Major Challenges and Bottlenecks in New
Zealand Outdoor Payment Terminal Market
- Entry Barriers in New Zealand Outdoor Payment
Terminal Market
- Regulatory Framework New Zealand Outdoor
Payment Terminal Market
- End User Analysis of New Zealand Outdoor
Payment Terminal Market
- Competitive Landscape in New Zealand Outdoor
Payment Terminal Market
- Market Share of Major OPT Providers in New
Zealand Outdoor Payment Terminal Market
- Detailed Analysis on New Zealand 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 New Zealand Outdoor
Payment Terminal Market
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