The Business Market Insights provides you regional research analysis on “Middle East & Africa NFC POS Terminal Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Middle East & Africa NFC POS Terminal Market during the forecast period, i.e., 2020–2027.
The NFC POS Terminal market in MEA is expected to grow from US$ 261.4 Mn in 2019 to US$ 980.1 Mn by 2027; it is estimated to grow at a CAGR of 18.3% from 2020 to 2027.
The countries of the Middle East are financially developed countries, while the African countries fall largely behind. The development of infrastructure in the Gulf countries is huge and the growth trend in commercial infrastructure continues to increase steadily year-on-year. Due to the fact that these countries are heavily dependent on tourism, commercial infrastructure plays a major role in the economy of each country. The area is witnessing major investments in commercial development, such as supermarkets, specialty stores, and malls. Growing investment in these infrastructures would also require advanced operational management strategies across infrastructures, such as inventory management and financial management, to attract consumers and address the challenge of online competition, changing markets, and fluctuating product prices. Over the past two-three years, government participation in the diversification of revenue opportunities in the gulf countries has increased in the wake of dipping oil prices.
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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts a SWOT analysis to evaluate the strengths and weaknesses of the key players in the Middle East & Africa NFC POS Terminal market. The researcher provides an extensive analysis of the Middle East & Africa NFC POS Terminal Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Major key players covered in this report:
- Castles Technology
- VeriFone, Inc
- Fiserv, Inc
- Ingenico Group
- NEC Corporation
The study conducts a SWOT analysis to evaluate the strengths and weaknesses of the key players in the Middle East & Africa NFC POS Terminal Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Middle East & Africa NFC POS Terminal market segments and regions.
MEA NFC POS Terminal Market – By Product Type
MEA NFC POS Terminal Market – By Application
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The research on the Middle East & Africa NFC POS Terminal market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Middle East & Africa NFC POS Terminal market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Middle East & Africa NFC POS Terminal market.
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