The unattended terminals global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Unattended Terminals Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The unattended terminals market size has grown rapidly in recent years. It will grow from $1.44 billion in 2023 to $1.61 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to the expansion of e-commerce growth, increasing smartphone integration, rising demand for contactless payments, rise in data analytics, and growth in the healthcare industry.
The unattended terminals market size is expected to see rapid growth in the next few years. It will grow to $2.51 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to growth in the retail industry, rise in smart cities, rise in digital payments, growing shift towards consumer convenience, and acceleration of the checkout process. Major trends in the forecast period include the adoption of contactless payments, growth in AI-powered customer interaction, rising mobile app integration, multi-language support, rising smart city technology.
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Scope Of Unattended Terminals Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Unattended Terminals Market Overview
Market Drivers –
The increasing penetration of smartphones is expected to propel the growth of the unattended terminal market going forward. Smartphones are advanced mobile devices that combine cellular phone capability with computer-like functions, providing users with a wide range of features in a portable form. The demand is increasing due to several factors, such as innovations in smartphone technology, connectivity, multifunctionality, and affordability. Smartphones serve as digital wallets for secure mobile payments at unattended terminals. Mobile apps enable users to find nearby terminals, check product availability, and initiate transactions remotely, enhancing accessibility and the user experience significantly. For instance, in February 2024, according to “UK mobile phone statistics 2022” by Uswitch Limited, a UK-based price comparison service and switching website, there were 71.8 million mobile connections in the UK, which was a 3.8% increase from 2021. The UK population is expected to reach 68.3 million by 2025, with 95% owning a smartphone. Therefore, the increasing penetration of smartphones is expected to propel the growth of the unattended terminal market going forward.
Market Trends –
Major companies operating in the unattended terminal market are focused on developing innovative unattended modular configurations to enhance security and provide a seamless payment experience for customers. Unattended Modular Configuration is a self-modular payment terminal system developed for easy and secure integration of cashless payments into self-service enterprises and provides a simple consumer experience through an easy-to-use interface. For instance, in January 2021, Ingenico, a France-based merchant services technology company, launched the world’s first PCI-certified self-modular POS. This modular configuration includes two highly ruggedized modules designed to resist hard settings for outdoor and intensive use. Its proprietary technologies make it easier for integrators to deploy them and improve user ergonomics. It is based on the strong TETRA OS and operates in the same environment as previous Self Series solutions, making it easy to integrate into any existing kiosk due to its compact size and versatile twin module configuration.
The unattended terminals market covered in this report is segmented –
1) By Type: Contact-Based, Contactless
2) By Installation Type: Outdoor, Indoor
3) By Application: Refuel, Carwash, Malls, Other Applications
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Regional Insights –
North America was the largest region in the unattended terminals market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unattended terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the unattended terminals market are Zebra Technologies Corp., Worldline S.A., Euronet Worldwide Inc., Advantech Co. Ltd., ACI Worldwide, Adyen, Gilbarco Inc., Ingenico, PAX Technology, Fujian Newland Payment Technology Co. Ltd., VeriFone Inc., Castles Technology, SZZT Electronics Co. Ltd., Nayax, Scheidt & Bachmann GmbH, Invenco Group Ltd., BBPOS Limited, Payter, Unattended Card Payments Inc., Paralan Corporation, PayRange Inc., Electronic Cash Systems
Table of Contents
1. Executive Summary
2. Unattended Terminals Market Report Structure
3. Unattended Terminals Market Trends And Strategies
4. Unattended Terminals Market – Macro Economic Scenario
5. Unattended Terminals Market Size And Growth
…..
27. Unattended Terminals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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