Global Proximity Reader Market Research Report 2021

Proximity readers continuously transmit a low-level fixed radio frequency (RF) signal that provides energy to the card. When the card is held at a certain distance from the reader, the RF signal is absorbed by a small coil inside the card that powers up the card’s microchip which contains a unique identification code
The use of smartphones has drastically increased in daily activities. For instance, individuals now use smartphones to make payments at stores. Moreover, innovations in wearables such as payment bands and rings are expected to drive the market demand over the forecast period.

Market Analysis and Insights: Global Proximity Reader Market
The global Proximity Reader market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Proximity Reader Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Proximity Reader Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Payment terminal solution
Transaction management
Security and fraud management
Hosted point-of-sale
Analytics

Segment by Application
Finance
Government & Public Utilities
Transportation
Others

By Company
Gemalto
Giesecke & Devrient
Morpho
Oberthur Technologies
American Express
ARM Holdings
Atmel
DataCard
Infineon Technologies
MasterCard
Visa
Staples
IOGEAR
Cherry
HID Global
HP
SIIG
SMK-LINK
DISTUNOW
LEEF
Lenovo
Adesso

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E