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The Global NFC POS Terminals has also been witnessing the increasing penetration of NFC POS terminals in the Transportation sector for ticketing transactions. However, the high cost of NFC POS terminals could pose a challenge to the growth of this market.
NFC POS Terminal Market size is anticipated to witness growth opportunities over the forecast timeframe. Growing usage of NFC-enabled smartphones and emergence of mobile wallet services would be major drivers for the industry growth. Technological substitutions for ticketing in transportation, such as NFC-based mobile ticketing and contactless smart cards, are further driving the growth of NFC POS terminal market.
NFC POS terminal market is witnessing an increase in the penetration of NFC POS terminals in the transportation sector for ticketing transactions. The inclination of customers towards the use NFC-enabled smart cards in automated fare collections is likely to boost the NFC POS terminal market growth. The NFC technology helps in achieving the short-range communication between electronic devices thus having a high compatibility with fare collection platforms. In comparison to its alternatives, NFC technology provides a high degree of customer satisfaction and experience as it is fast and helps in fast-tracking connections thereby escalating the demand for NFC POS terminal market.
Table of Content:
Global NFC POS Terminal Market Professional Survey Report 2017
1 Industry Overview of NFC POS Terminal
2 Manufacturing Cost Structure Analysis of NFC POS Terminal
3 Technical Data and Manufacturing Plants Analysis of NFC POS Terminal
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