| Product Code: ETC8038220 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania saw a steady increase in the import of contactless payment terminals, with top exporting countries including the Netherlands, Finland, Latvia, China, and Czechia. The Herfindahl-Hirschman Index (HHI) indicated moderate market concentration. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) between 2020 and 2024 remained positive at 2.73%, reflecting a sustained demand for contactless payment solutions in the Lithuanian market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Contactless Payment Terminals Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Contactless Payment Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Contactless Payment Terminals Market - Industry Life Cycle |
3.4 Lithuania Contactless Payment Terminals Market - Porter's Five Forces |
3.5 Lithuania Contactless Payment Terminals Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Lithuania Contactless Payment Terminals Market Revenues & Volume Share, By Payment Method, 2021 & 2031F |
3.7 Lithuania Contactless Payment Terminals Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.8 Lithuania Contactless Payment Terminals Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Lithuania Contactless Payment Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of contactless payment methods by consumers in Lithuania |
4.2.2 Government initiatives promoting cashless transactions in the country |
4.2.3 Growing demand for faster and more convenient payment options in retail and hospitality sectors |
4.3 Market Restraints |
4.3.1 Concerns over data security and privacy related to contactless payments |
4.3.2 Resistance to change among some consumers and businesses who prefer traditional payment methods |
4.3.3 Limited merchant acceptance of contactless payments in certain regions or industries |
5 Lithuania Contactless Payment Terminals Market Trends |
6 Lithuania Contactless Payment Terminals Market, By Types |
6.1 Lithuania Contactless Payment Terminals Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.1.4 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Infrared, 2021- 2031F |
6.1.5 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Carrier-based, 2021- 2031F |
6.1.6 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.2 Lithuania Contactless Payment Terminals Market, By Payment Method |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Account-based, 2021- 2031F |
6.2.3 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Credit/Debit Card, 2021- 2031F |
6.2.4 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Stored Value, 2021- 2031F |
6.2.5 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Smart Card, 2021- 2031F |
6.3 Lithuania Contactless Payment Terminals Market, By Device |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Integrated POS, 2021- 2031F |
6.3.3 Lithuania Contactless Payment Terminals Market Revenues & Volume, By mPOS, 2021- 2031F |
6.3.4 Lithuania Contactless Payment Terminals Market Revenues & Volume, By PDA, 2021- 2031F |
6.3.5 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Unattended Terminal, 2021- 2031F |
6.3.6 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Contactless Reader, 2021- 2031F |
6.4 Lithuania Contactless Payment Terminals Market, By End-user Industry |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Retail, 2021- 2031F |
6.4.3 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Transportation, 2021- 2031F |
6.4.4 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Banking, 2021- 2031F |
6.4.5 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Government, 2021- 2031F |
6.4.6 Lithuania Contactless Payment Terminals Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 Lithuania Contactless Payment Terminals Market Import-Export Trade Statistics |
7.1 Lithuania Contactless Payment Terminals Market Export to Major Countries |
7.2 Lithuania Contactless Payment Terminals Market Imports from Major Countries |
8 Lithuania Contactless Payment Terminals Market Key Performance Indicators |
8.1 Average transaction value for contactless payments in Lithuania |
8.2 Number of contactless payment terminals installed in the country |
8.3 Rate of growth in contactless payment transactions compared to traditional payment methods |
9 Lithuania Contactless Payment Terminals Market - Opportunity Assessment |
9.1 Lithuania Contactless Payment Terminals Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Lithuania Contactless Payment Terminals Market Opportunity Assessment, By Payment Method, 2021 & 2031F |
9.3 Lithuania Contactless Payment Terminals Market Opportunity Assessment, By Device, 2021 & 2031F |
9.4 Lithuania Contactless Payment Terminals Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Lithuania Contactless Payment Terminals Market - Competitive Landscape |
10.1 Lithuania Contactless Payment Terminals Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Contactless Payment Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |