Market Overview:
The global bus intelligent POS terminal market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing adoption of contactless payments and the growing demand for smart transportation solutions. The QR-code scanner segment is expected to grow at a higher CAGR than other segments during the forecast period, owing to its growing popularity among consumers for making quick and easy payments. North America is expected to lead the global bus intelligent POS terminal market in terms of revenue, followed by Europe and Asia Pacific.
Product Definition:
A bus intelligent POS terminal is a device that allows passengers to pay their fare using a credit or debit card. The importance of bus intelligent POS terminals is that they make it easier for passengers to pay their fares, which can help reduce the amount of time spent waiting in line.
Qr-code Scanner:
QR-code scanner is a tool that can be used for data capture or data extraction from printed materials using the code represented by QR codes. The technology has been around for quite some time, but only recently have companies started to take an interest in it. For instance, in August 2015, Yotpo Inc., a company that provides marketing solutions for small businesses developed by the Google Inc.
Contactless Card Reader:
The contactless card reader is a device used to read the data from an identification or a credit/debit card without any physical contact between the device and the magnetic strip. The technology uses radio frequency (RF) waves to communicate with the smart chip in the cards. It helps in enhancing customer experience by reducing waiting time at checkout counters and also helps in improving operational efficiency for payment processing, inventory management, order accuracy, and fraud detection among others.
Application Insights:
The others application segment includes railway stations, airports, and retail stores. The bus company application segment held the largest market share in 2017. This is due to the rising number of companies operating buses across various cities which require a payment system for fare collection at each seat. At present, most large cities have implemented some form of Bus Rapid Transit (BRT) system which requires a significant number of transaction machines at strategic points along the route. Thus, increasing demand for transaction terminals in BRT systems is expected to drive growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing adoption of contactless payment technologies such as Near-field Communication (NFC) and embedded intelligence. Moreover, growing popularity of mobile banking, rising number of retail outlets using these terminals for making payments, and high demand from transportation companies are some other factors driving the regional market growth. Europe is expected to witness significant growth over the forecast period owing to increasing use cases such as ticketing systems used by public transport operators and educational institutes for registering students' fares. Asia Pacific is anticipated to grow at a lucrative CAGR over the forecast period due to rapid expansion of retail chains such as supermarkets using these intelligentPOS terminals for making payments or receiving digital coupons/rewards offered by retailers.
Growth Factors:
- Increasing demand for bus intelligent POS terminals from the transportation sector owing to the growing adoption of smart technologies in buses.
- Proliferation of point-of-sale (POS) terminals in retail and hospitality sectors, which is expected to create opportunities for bus intelligent POS terminal vendors over the forecast period.
- Rising demand for cashless transactions and contactless payments, which is anticipated to boost the growth of the bus intelligent POS terminal market during the forecast period.
- Growing trend of Bring Your Own Device (BYOD) among enterprises, which is likely to fuel the demand for bus intelligent POS terminals over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Bus Intelligent POS Terminal Market Research Report
By Type
Qr-code Scanner, Contactless Card Reader, Others
By Application
Bus Company, Schools and Educational Institutions, Others
By Companies
TapToPay, Lenz Communication, Tiamaes Technology, Huarui, Caimore Communication, Telpo, Cardlan, Sanlian Zhongrui, Newcapec Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Bus Intelligent POS Terminal Market Report Segments:
The global Bus Intelligent POS Terminal market is segmented on the basis of:
Types
Qr-code Scanner, Contactless Card Reader, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bus Company, Schools and Educational Institutions, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TapToPay
- Lenz Communication
- Tiamaes Technology
- Huarui
- Caimore Communication
- Telpo
- Cardlan
- Sanlian Zhongrui
- Newcapec Electronics
Highlights of The Bus Intelligent POS Terminal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Qr-code Scanner
- Contactless Card Reader
- Others
- By Application:
- Bus Company
- Schools and Educational Institutions
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bus Intelligent POS Terminal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A bus intelligent POS terminal is a type of point-of-sale terminal that uses artificial intelligence to process transactions. This technology allows merchants to automate tasks such as accepting payments, issuing receipts, and tracking inventory. These terminals typically have more features than traditionalPOS terminals and are designed for use in busy commercial settings.
Some of the major players in the bus intelligent pos terminal market are TapToPay, Lenz Communication, Tiamaes Technology, Huarui, Caimore Communication, Telpo, Cardlan, Sanlian Zhongrui, Newcapec Electronics.
The bus intelligent pos terminal market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bus Intelligent POS Terminal Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bus Intelligent POS Terminal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bus Intelligent POS Terminal Market - Supply Chain
4.5. Global Bus Intelligent POS Terminal Market Forecast
4.5.1. Bus Intelligent POS Terminal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bus Intelligent POS Terminal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bus Intelligent POS Terminal Market Absolute $ Opportunity
5. Global Bus Intelligent POS Terminal Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bus Intelligent POS Terminal Market Size and Volume Forecast by Type
5.3.1. Qr-code Scanner
5.3.2. Contactless Card Reader
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bus Intelligent POS Terminal Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bus Intelligent POS Terminal Market Size and Volume Forecast by Application
6.3.1. Bus Company
6.3.2. Schools and Educational Institutions
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bus Intelligent POS Terminal Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bus Intelligent POS Terminal Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bus Intelligent POS Terminal Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bus Intelligent POS Terminal Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bus Intelligent POS Terminal Demand Share Forecast, 2019-2026
9. North America Bus Intelligent POS Terminal Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bus Intelligent POS Terminal Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bus Intelligent POS Terminal Market Size and Volume Forecast by Application
9.4.1. Bus Company
9.4.2. Schools and Educational Institutions
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bus Intelligent POS Terminal Market Size and Volume Forecast by Type
9.7.1. Qr-code Scanner
9.7.2. Contactless Card Reader
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bus Intelligent POS Terminal Demand Share Forecast, 2019-2026
10. Latin America Bus Intelligent POS Terminal Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bus Intelligent POS Terminal Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bus Intelligent POS Terminal Market Size and Volume Forecast by Application
10.4.1. Bus Company
10.4.2. Schools and Educational Institutions
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bus Intelligent POS Terminal Market Size and Volume Forecast by Type
10.7.1. Qr-code Scanner
10.7.2. Contactless Card Reader
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bus Intelligent POS Terminal Demand Share Forecast, 2019-2026
11. Europe Bus Intelligent POS Terminal Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bus Intelligent POS Terminal Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bus Intelligent POS Terminal Market Size and Volume Forecast by Application
11.4.1. Bus Company
11.4.2. Schools and Educational Institutions
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bus Intelligent POS Terminal Market Size and Volume Forecast by Type
11.7.1. Qr-code Scanner
11.7.2. Contactless Card Reader
11.7.3. Oters
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bus Intelligent POS Terminal Demand Share, 2019-2026
12. Asia Pacific Bus Intelligent POS Terminal Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bus Intelligent POS Terminal Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bus Intelligent POS Terminal Market Size and Volume Forecast by Application
12.4.1. Bus Company
12.4.2. Schools and Educational Institutions
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bus Intelligent POS Terminal Market Size and Volume Forecast by Type
12.7.1. Qr-code Scanner
12.7.2. Contactless Card Reader
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bus Intelligent POS Terminal Demand Share, 2019-2026
13. Middle East & Africa Bus Intelligent POS Terminal Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bus Intelligent POS Terminal Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bus Intelligent POS Terminal Market Size and Volume Forecast by Application
13.4.1. Bus Company
13.4.2. Schools and Educational Institutions
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bus Intelligent POS Terminal Market Size and Volume Forecast by Type
13.7.1. Qr-code Scanner
13.7.2. Contactless Card Reader
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bus Intelligent POS Terminal Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bus Intelligent POS Terminal Market: Market Share Analysis
14.2. Bus Intelligent POS Terminal Distributors and Customers
14.3. Bus Intelligent POS Terminal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TapToPay
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lenz Communication
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tiamaes Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Huarui
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Caimore Communication
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Telpo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cardlan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sanlian Zhongrui
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Newcapec Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
