Japan Contactless PoS Terminal Market was valued at USD 2.3 Billion in 2022 and is projected to reach USD 5.3 Billion by 2030, growing at a CAGR of 14.6% from 2024 to 2030.
The Japan Contactless PoS Terminal Market has witnessed significant growth due to the rapid adoption of cashless transactions across various industries. Contactless Point of Sale (PoS) terminals are revolutionizing the retail and hospitality sectors by enabling secure and seamless payment methods, which are highly sought after by consumers. As Japanese society increasingly embraces digital payments, understanding the types of contactless PoS terminals and the requirements from various industries is crucial for businesses looking to stay competitive.
One of the primary drivers of growth in the Contactless PoS Terminal Market in Japan is the rising demand for contactless payment solutions. In recent years, the use of smartphones, wearables, and contactless cards has surged, pushing industries to upgrade their PoS systems. Businesses in retail, hospitality, and transportation sectors are now investing heavily in these advanced terminals to improve customer experience, streamline transaction processes, and enhance security features.
Industries requiring contactless PoS terminals have specific needs based on the nature of their business. Retailers, for instance, are seeking terminals that can support a variety of payment methods, including mobile wallets, credit/debit cards, and QR code payments. The demand for terminals that can seamlessly integrate with existing point-of-sale systems is particularly high in the retail industry. On the other hand, businesses in the hospitality sector require PoS terminals that can handle high transaction volumes while maintaining user-friendly interfaces for quick and efficient payments.
Another important factor driving the growth of the Contactless PoS Terminal Market in Japan is the government’s push towards a cashless society. Initiatives such as the Cashless Vision Plan have encouraged businesses to adopt contactless payment systems, helping create a favorable environment for PoS terminal suppliers. This has spurred innovation in terminal technology, offering more secure, faster, and more reliable transaction methods.
As consumer preferences evolve, industries in Japan are increasingly looking for PoS terminals that offer flexibility, security, and speed. For businesses to stay ahead of the curve, it is essential to evaluate the specific needs of their industry and choose PoS terminals that not only meet current demands but also anticipate future trends. The rapid shift towards a contactless economy in Japan makes investing in advanced PoS technology a necessity for long-term business success.
Get an In-Depth Research Analysis of the Japan Contactless PoS Terminal Market Size And Forecast [2025-2032]
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Contactless PoS Terminal Market
Near Field Communication (NFC)
Radio Frequency Identification (RFID)
Magnetic Secure Transmission (MST)
Other Emerging Technologies
On-Premise Solutions
Cloud-Based Solutions
Retail
Hospitality
Transportation
Healthcare
Credit and Debit Cards
Mobile Payments (e.g., Apple Pay, Google Wallet)
Wearable Devices
Other Contactless Payment Methods
Hardware
Software
Services
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Contactless PoS Terminal Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Contactless PoS Terminal Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Contactless PoS Terminal Market, By Type
6. Japan Contactless PoS Terminal Market, By Application
7. Japan Contactless PoS Terminal Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Contactless PoS Terminal Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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