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However, the security concern is the major barrier to the implementation of contactless payment. There are chances of proximity intercept, in which a card’s signal is grabbed by a fraudster’s device. For instance, Researchers Team at Which? (2015) performed a test for observing the security level of contactless payments. By using an easy-to-buy card reader and free software, it is possible to steal details from contactless cards. This easy-to-buy card reader and free software can extract a card number and expiry date from 10 different contactless cards. Thus, this factor may restrain the growth of the car POS machine market during the forecast period.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Car POS Machine Market by Type
- Wired
- Wireless
Car POS Machine Market by Application
- Passenger Vehicles
- Commercial Vehicles
Regional Analysis
- North America
- US
- copyright
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Casio Computer Co., Ltd.
- Datalogic S.p.A.
- DBS, Inc.
- Fujitsu Ltd.
- Guestlogix Inc.
- Honeywell International Inc.
- INGENICO Group S.A.
- Intermec
- NEC Corp.
- Newland Group
- PAX Technology
- Summit Computer Networks, Inc.
- VeriFone Inc.
- Xinguodu Technology
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the Car POS Machine market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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