Press release
Customers embracing digitization approach and rapid adoption of EMVs with alternative payment methods will drive the Outdoor Payment Terminal Market in Canada: Ken Research
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.
For More Detail @ https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/canada-outdoor-payment-terminal-market-outlook-to-2025/574438-97.html
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.
Canada Outdoor Payment Terminal Market Competitive Landscape
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
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/outdoor-payment-terminal/228803-97.html
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/virtual-payment-terminals/310100-93.html
Follow Us
https://www.linkedin.com/company/ken-research/
https://www.instagram.com/kenresearch/
https://www.facebook.com/kenresearch
https://twitter.com/KenResearch
https://www.youtube.com/c/KenResearchKen
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
support@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Customers embracing digitization approach and rapid adoption of EMVs with alternative payment methods will drive the Outdoor Payment Terminal Market in Canada: Ken Research here
News-ID: 2691224 • Views: …
More Releases from Ken Research Pvt Ltd
Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth.
STORY OUTLINE
Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics.
Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.
With the incorporation of Cloud Based services, advanced methods and easy…
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19.
STORY OUTLINE
Launch of new policies, mergers, acquisitions and partnerships to propel growth in future
Covid 19 has a huge impact on the health insurance market on Global level.
Factors, which are responsible for the growth, are the higher…
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19.
STORY OUTLINE
The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change.
Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation…
Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services.
STORY OUTLINE
Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution.
Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation.
Security…
More Releases for Payment
Digital Payment Market by Component (Solutions (Payment Processing, Payment Gate …
Magarpatta SEZ, Pune, “ReportsnReports”, one of the world’s prominent market research firms has released a new report on Global Digital Payment Market. The report contains crucial insights on the market which will support the clients to make the right business decisions. This research will help both existing and new aspirants for Digital Payment Market to figure out and study market needs, market size, and competition. The report talks about the…
Online Payment Gateway Market Analysis By 2028 | Amazon.com, Avenues India Pvt. …
Future Market Insights (FMI) has recently published a new research report on the online payment gateway market titled “Online Payment Gateway Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The report states that the growing prevalence of third party payment processes is expected to have a positive impact on the growth of the global market. Websites have always been a good source for channel merchants for generating revenue. Concentrating…
Payment Card Industry 2025 by Product (Contactless Payment, Card Contact Payment …
ReportsWeb.com has announced the addition of the “Global Payment Card Market Professional Survey Report 2018” ,provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe.
Key Players -
MasterCard, Visa, American Express, Banco Itau, Bank of America Merrill Lynch, Bank of Brazil, Bank of East Asia, Chase Commercial Banking, Diner's Club, Hang Seng Bank, Hyundai, JP Morgan, SimplyCash, Sumitomo…
Payment Security Software Market 2018- Digital Transformation in Payment Methods …
Market Highlights
“The increasing number of cashless transactions is the main factor behind the rising demand for payment security software across the world,” says a FGR analyst. With the ongoing digital transformation, the payment market is witnessing a significant change in the pattern of financial transactions, which is shifting towards cashless increasingly.
The digitization across industries is leading to high investments in the development and the deployment of new technologies, encouraging…
Payment Gateway Industry Worth US$ 86.9 Billion By 2025 - Hosted Payment Gateway …
The merchants all over the globe are avidly willing to expand their businesses cross-border by adaption of a logical approach, by partnering with the payment gateways. With the help of this partnership, these merchants gain the advantage of tapping the opportunities created by the globalization of e-commerce. Majority of merchants today, are eyeing up global expansion and wish to grow at a faster pace, however, the last thing they would…
Contactless Payment Observe Huge Demand in Australia Payment Market
Pune, India, 04 December 2017: WiseGuyReports announced addition of new report, titled “Payments in Australia 2017: What Consumers Want”.
A 'payment system' is new technology that allows consumers, businesses, and many organizations to transfer money to a financial institution and vice versa. This includes Payment Instructions - Cash, Card, Check and Electronic Funds Transfer which customers use to pay - and generally unseen arrangements ensure that the funds move from one…
