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The biometric POS terminals market size is forecast to increase by USD 5.29 billion at a CAGR of 13.9% between 2023 and 2028. The market is witnessing significant growth due to several driving factors. One of the primary factors is the increasing adoption of EMV (Europay, Mastercard, and Visa) standards, which require merchants to implement more secure payment solutions. Another trend boosting the market is the growth in the adoption of self-service kiosks, which offer faster and more convenient transactions for customers. However, the absence of uniform standards in the global market poses a challenge, as it hinders the interoperability and widespread adoption of these terminals. Despite this, the market is expected to continue growing, driven by the need for secure and efficient payment solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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