Global Unattended Terminals Market 2024 - By Growth Opportunities, Future Insights, Regional Segments, Latest Innovations And Forecast To 2033

Global unattended terminals market size is expected to reach $2.51 billion by 2028 at a rate of 11.8%, segmented as by type, contact-based, contactless

Sep 5, 2024 - 17:19

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Global Unattended Terminals Market 2024 - By Growth Opportunities, Future Insights, Regional Segments, Latest Innovations And Forecast To 2033

The Unattended Terminals Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Unattended Terminals Global Market Report 2024, 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.

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.

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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

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 report table of contents includes:

1. Executive Summary

2. Unattended Terminals Market Characteristics

3. Unattended Terminals Market Trends And Strategies

4. Unattended Terminals Market - Macro Economic Scenario

5. Global Unattended Terminals Market Size and Growth

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32. Global Unattended Terminals Market Competitive Benchmarking

33. Global Unattended Terminals Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Unattended Terminals Market

35. Unattended Terminals Market Future Outlook and Potential Analysis

36. Appendix