Global NFC POS Terminals Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Types;

Mobile NFC POS and Fixed NFC POS.

By Outlook;

Hardware, Software, and Services.

By End Users;

Retail, Hospitality and Healthcare.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn247731509 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global NFC POS Terminals Market (USD Million), 2021 - 2031

In the year 2024, the Global NFC POS Terminals Market was valued at USD 7,232.13 million. The size of this market is expected to increase to USD 21,191.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.6%.

The Global NFC (Near Field Communication) POS Terminals Market is a pivotal component of modern payment infrastructure, facilitating seamless and secure transactions in various industries worldwide. NFC technology enables users to make contactless payments by simply tapping their NFC-enabled cards or smartphones near the POS terminal, offering convenience and speed at checkout points. This technology has gained significant traction due to its efficiency in reducing transaction times and enhancing user experience in retail, hospitality, healthcare, and other sectors.

One of the key drivers propelling the NFC POS terminals market growth is the increasing preference for cashless transactions and the rapid adoption of mobile payment solutions globally. Consumers and businesses alike are favoring NFC-enabled devices for their ease of use, enhanced security features, and compatibility with diverse payment methods. This trend is further bolstered by the growing emphasis on hygiene and contactless interactions in response to health concerns, particularly highlighted during the COVID-19 pandemic.

In addition to retail and hospitality sectors, healthcare facilities are increasingly adopting NFC POS terminals to streamline patient billing processes and improve operational efficiency. The versatility of NFC technology also extends to transportation and entertainment sectors, where it simplifies ticketing and payment procedures. Moreover, advancements in NFC-enabled devices and infrastructure continue to drive innovation in the market, offering enhanced functionalities such as loyalty program integration and data analytics capabilities for businesses.

Looking ahead, the Global NFC POS Terminals Market is poised for continued expansion as businesses seek to capitalize on the benefits of contactless payments and meet evolving consumer preferences. With ongoing technological advancements and strategic partnerships among payment service providers, the market is expected to witness robust growth, shaping the future of secure and efficient payment ecosystems globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Types
    2. Market Snapshot, By Outlook
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global NFC POS Terminals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Convenience and Speed
        2. Increasing Digital Payments
        3. Contactless Technology Adoption
        4. Enhanced User Experience
      2. Restraints
        1. Security Concerns
        2. Infrastructure Limitations
        3. Regulatory Challenges
        4. Initial Implementation Costs
      3. Opportunities
        1. Emerging Markets Expansion
        2. Integration with IoT
        3. Enhanced Data Analytics
        4. Partnership Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global NFC POS Terminals Market, By Types, 2021 - 2031 (USD Million)
      1. Mobile NFC POS
      2. Fixed NFC POS.
    2. Global NFC POS Terminals Market, By Outlook, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services.
    3. Global NFC POS Terminals Market, By End Users, 2021 - 2031 (USD Million)
      1. Retail
      2. Hospitality
      3. Healthcare.
    4. Global NFC POS Terminals Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. First Data Corp.
      2. Ingenico SA
      3. Pax Technology Ltd.
      4. VeriFone Systems Inc.
      5. AURES Group

  7. Analyst Views
  8. Future Outlook of the Market