#MPoS Terminals Market Outlook

[filishas]

https://synkretic.mn.co/posts/mobile-point-of-sale-mpos-terminals-market-future-demand-business-strategies-different-segments-opportunities-regional-outlook-and-forecast

[kritikapatil]

Global Wireless POS Terminals Market Analysis, Size, Growth, Competitive Strategies, and Worldwide Demand

Latest added Wireless POS Terminals Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Ingenico (France)

Verifone (United States)

First Data (United States)

PAX Global Technology (Hong Kong)

NCR Corporation (United States)

Diebold Nixdorf (United States)

BBPOS (Hong Kong)

Elavon (United States)

Castles Technology (Taiwan)

Winpos (Finland

Wireless POS (point of sale) terminal is defined as the electronic equipment in which transaction is taking place between a merchant and a customer when a product is sold. It basically performing the sales transaction and processing credit card payments. Owing to its various features such as receiving payments and track all sales and tax data, it is widely used in restraint, bar, retail, small business, café and other places. Increasing e-commerce transactions leading to rising in demand for wireless POS terminals is the major drivers which are propelling the growth of the market.

Influencing Trend: Technology Advancement in Wireless POS Terminal

Challenges: Lack of Standardization as well as Consumer Awareness Regarding Wireless POS Technology

Issue related to Slow Rate of Adoption of Wireless POS Terminals

Opportunities: Reduction in Cost of Wireless Technology as well as Increase in Their Reliability

Mass Adoption of Dual-Interface Chip Technology and Multi-Application Support By NFC and Hce

Market Growth Drivers: Wide Adoption of Wireless Payment Terminal by Retailers

Growing Use of Europay, Mastercard, and Visa (EMV) Cards

Increase in Cashless Transactions in Different Countries

Growing Adoption of Wireless Technology in Mobile Handsets and WearablesThe Global Wireless POS Terminals segments and Market Data Break Down by Type (Portable Countertop & PIN Pad, MPOS, Smart POS, Other Types (Mini POS and Smart Mobile Dongle)), Industry (Retail, Hospitality, Healthcare, Transportation, Sports & Entertainment, Other Industries (Home Delivery & Service Delivery)), Technology (NFC Terminal, Non-NFC Terminal), Deployment (On-Premise, Cloud-Based), Component (Hardware, Software, Services)

Presented By

AMA Research & Media LLP

[zmithpuri]

Global MPoS Terminals Market 2019 | Manufacturers In-Depth Analysis Report to 2024

The latest trending report Global MPoS Terminals Market 2019-2024 added by DecisionDatabases.com

Mobile POS (mPOS) terminals are specialized integrated mobile devices (smartphones and tablets) that function as electronic point of sale terminals. These specialized mobile devices can also be transformed into payment terminals through use of sleeves or dongles. Equipped with capabilities such as RFID (Radio Frequency Identification), Wi-Fi, smart card, and VoIP (Voice Internet Protocol), mobile POS terminals are additionally used to manage inventory/assets, send and receive invoices, send digitize notes, and capture signatures at counters. These capabilities allow mPOS terminals to accept payments even remotely through wireless applications. Advancements in payment technologies coupled with the move towards EMV (Europay, MasterCard, Visa) chip card payment is expected to fuel market momentum. The worldwide market for mPoS Terminals is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019. This report focuses on the mPoS Terminals in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/38634-mpos-terminals-market-analysis-report

Market Segment by Manufacturers, this report covers

   Ingenico

   PAMPOS TERMINALS Technology

   SZZT Electronics

   Verifone

   NEC

   Samsung

Market Segment by Regions, regional analysis covers

   North America (United States, Canada and Mexico)

   Europe (Germany, France, UK, Russia and Italy)

   Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

   South America (Brazil, Argentina, Colombia etc.)

   Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

   PoS Terminal

   Card Reader

Market Segment by Applications, can be divided into

   Restaurants

   Hospitality

   Health Care

   Retail

   Warehouse/Distribution

   Entertainment

   Transportation

   Government

   Consumer Utility Services

Download Free Sample Report of Global MPoS Terminals Market @ https://www.decisiondatabases.com/contact/download-sample-38634

There are 15 Chapters to deeply display the Global MPoS Terminals Market.

Chapter 1, to describe mPoS Terminals product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of mPoS Terminals, with price, sales, revenue and global market share of mPoS Terminals in 2017 and 2018. Chapter 3, the mPoS Terminals competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the mPoS Terminals breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, mPoS Terminals market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe mPoS Terminals sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Purchase the complete Global MPoS Terminals Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-38634

Other Reports by DecisionDatabases.com:

Global POS Terminals Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global EMV POS Terminals Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Global Bulk Terminals Market by Manufacturers, Regions, Type and Application, Forecast to 2023

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[markettrendus]

Global mPOS Terminal Market Growth by Manufacturers, Regions, Type and Application, Production, Revenue, Price and Gross Margin Analysis to 2022

Global mPOS Terminal Market Growth by Manufacturers, Regions, Type and Application, Production, Revenue, Price and Gross Margin Analysis to 2022

Global mPOS Terminal market Report 2022 gives the in detail look into consider revealing insight into various business verticals. It incorporates key business factors which prompt market improvement and progression. Overall mPOS Terminal market report portions the business into different classifications in light of the assembling regions. The industry report gives the total learning which will…

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Restaurant Point-Of-Sale (POS) System Market Astonishing Growth, Technology and Forecast 2027

Research Nester has released a report titled “Restaurant Point-Of-Sale (POS) System Market – Global Demand Analysis & Opportunity Outlook 2027” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.

The statistics portray the growing restaurant industry which is anticipated to raise the demand for automation of operational processes of restaurants, so as to further improve sales. The growing sales of the industry can be attributed to the increasing footfall of customers, dynamic change and expansion in product line of restaurants, increasing customer loyalty programs, and other back end processes, such as increasing number of vendors, and others. Balancing all of these factors without the implementation of software and systems is a difficult task for restaurant owners. The difficulties observed by restaurants in managing operational processes is anticipated to raise the demand for restaurant POS systems amongst restaurants, which will also help these players to stay ahead of competition.

Additionally, rising food expenditures in restaurants is also anticipated to increase the pressure on owners to manage their sale records and also increase their chances of making mistakes, which is also anticipated to fuel the growth of the market.

The restaurant POS system market is anticipated to record a CAGR of around 11.14% over the forecast period, i.e. 2019-2027. The market is segmented by product type into fixed POS terminals and mobile POS terminals. Among these segments, mobile POS terminals segment is anticipated to hold largest market share on account of increasing demand for wireless technology and growing adoption of mobile devices, such as mobiles and tablets.  mPOS solutions work with the help of a software or an addition of hardware as an attachment to the mobile device, and are also capable for increased mobility, providing utilization of the system from remote places.

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Geographically, the restaurant POS system market is segmented by five major regions into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa region, out of which, Asia-Pacific is anticipated to hold largest market share on account of nations such as China and India among others, where the food industry is growing at a rapid pace, owing to favorable demographic conditions and increased disposable income levels. Additionally, demand for display kiosk and tablet systems owing to rapidly changing product offerings in the menus of the restaurants, and the need for increased operational efficiency and customer experience enhancement, all of these factors are estimated to fuel the growth of the market in the region.

Moreover, North America is anticipated to gain significant market share on account of the rising restaurant industry in the region, along with the presence of numerous vendors supplying POS systems for restaurants.

However, high deployment costs associated with restaurant POS systems and the concern for unavailability of skilled personals for operating the system is estimated to act as a barrier to the growth of the restaurant POS system market during the forecast period.

This report also studies existing competitive scenario of some of the key players of the restaurant POS system market, which includes profiling of Diebold Nixdorf, Incorporated (NYSE: DBD), Ingenico Group (EPA: ING), Micros Retail Systems, Inc., NEC Corporation (TYO: 6701), NCR Corporation (NYSE: NCR), PAR Technology Corp. (NYSE: PAR), Panasonic Corporation (TYO: 6752), SAMSUNG (KRX: 005930), Toast, Inc. and Touch Bistro, Inc.

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[harrisnichole]

Wireless Point-of-Sale Terminal Market is projected to grow up to USD 21.98 billion by 2027 growing at a CAGR of 13.2% during the forecasting period 2021-2027

In this era digitalization is playing a vital role in all the sectors of world. The emergence of the concept of IoT has benefitted many aspects and many sectors. The vision of getting wireless through emergence of internet is to convert the conventional devices into a smarter and autonomous one. And with the change, this vision is turning into the reality due to the advancement in the technology. A wireless point if sale terminalis an electronic system that assists the physical retail locations to process the card payments. The emergence of Wireless transaction in the store is an essential way of making payments and is creating a hype among the consumers who are in favour of digital cash. A store can have a single or multiple POS terminals for transaction depending upon the necessity, in which each of the terminal consists of a credit card swiper, receipt printer and a usual type of cash drawer. These terminals are connected to a single control panel, that provides the complete database for collection and summarization of information about all kind of transactions. Emergence of Wireless POS terminal benefits in several ways like having detailed reports on daily basis, having better customer tracking, initiates new market trends, etc. The trend of having a cashless economy is found to be booming and this led as a major factor for driving the market of Wireless POS system.

Report Scope

The global wireless point-of-sale terminal market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share.

Major Market Players

The key players in the Wireless Point-of-Sale Terminal market are - Cisco Systems, Inc, Diebold Nixdorf, Incorporated, Hewlett-Packard Inc., Hisense, Ingenico Group, NEC Corporation, Newland Payment Technology, Panasonic Corporation, PAX Technology, MICROS Systems Inc, Samsung Electronics Inc, VeriFone System Inc, and Toshiba Corporation.

The Wireless Point-of-Sale Terminal Market report has been categorized as below

By Product

Services & Software

Hardware

By Type

Portable Countertop & PIN Pad

mPOS

Smart POS

Other

By Vertical

Hospitality

Healthcare

Retail

Sports & Entertainment

Others

By Region

North America

Europe

Asia Pacific

Rest of World

[digitrenndsamr]

Point-of-Sale [POS] Terminal Market to Record an Exponential CAGR by 2030

According to a new market report pertaining to the global POS terminal market published by Transparency Market Research, the global POS terminal market is projected to reach US$ 37.0 Bn by 2027. The POS terminal market is projected to expand at a CAGR of 12.8% from 2019 to 2027. Increasing demand of organizations in the area of real time user interaction, quick payment is driving the growth of the market.

Rise in Demand for Mobile POS Terminals - Mobile point-of-sale (mPOS) refers to specialized wireless devices such as tablets and smartphones that are capable of functioning as an electronic point-of-sale terminal or cash register. The implementation of mPOS allows the sales and service industries to conduct financial transactions at any place, owing to mobility, improved customer experience, and saving of space. Furthermore, according to custom research by HP company, till 2018, 3% of enterprise merchants have fully deployed an mPOS solution, and 86% of companies are either currently in the process of implementing or are planning to implement mPOS in the next two years. Thus, the anticipated demand for mPOS is expected to drive the POS terminals market during the forecast period.

Enhanced Customer Experience and Low Total Cost of Ownership (TCO) as Compared to Conventional Channels of Payment - Advanced POS technology competes with older point-of-sale systems such as PC cash drawers (PCCD) and cash registers. Retailers are seeking ways to update the legacy checkout systems in order to enhance customer service and operational efficiency. Retailers have realized that even a small cost reduction could lead to significant improvements in the bottom-line of their businesses. The advent of advanced payment technologies such as NFC and Europay, Master Card, and Visa (EMV) and an increase in the adoption of payment options such as debit and credit cards have played a role in boosting demand for POS terminals. Furthermore, many of the terminals currently installed do not have the capacity to be upgraded and will require replacement, which is likely to boost the market.

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POS Terminal Market: Market Taxonomy

The global POS terminal market has been segmented in terms of type, component, application and region. Based on type, the market has been segmented into Fixed POS Terminal and Wireless and Mobile POS Terminal. Based on component, the market has been segmented into hardware, software and services. Software is further segmented into on-premise and cloud. Services has been further segmented into Integration, Implementation and Consulting. Based on application, the market has been segmented into Restaurant, Hospitality, Healthcare, Retail, Warehouse / Distribution, Entertainment and Others {Field Service, Government, Transportation, etc.} By region, the global POS terminal market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Initially, vendors across the ecosystem of POS terminal were analyzed based on type of technology providers in the market.

POS Terminal Market: Regional Outlook

North America is expected to dominate the POS terminal market during the forecast period. Asia Pacific is expected to see increasing growth in the POS terminal market. The POS terminal market in Middle East & Africa, Europe, and South America is also expected to expand rapidly during the forecast period.

The report provides in-depth segment analysis of the global POS terminal market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the POS terminal market.

POS Terminal Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global POS terminal market. Key players profiled in the report include Cisco Systems, Inc., Emerge Mobile (Pty) Ltd., Equinox Payments, LLC, Ingenico S.A., iVeri Payment Technologies (Pty) Ltd, Micros Systems, Inc., Miura Systems Ltd., NCR Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd., Toshiba Corporation, Vectron Systems SA, Yoco Technologies (Pty) Ltd.

The global point-of-sale (POS) terminal market is segmented based on:

Product Type

Fixed POS

Wireless and Mobile POS

Component

Hardware

Software

Application

Restaurant

Hospitality

Healthcare

Retail

Warehouse / Distribution

Entertainment

Field Service

Government

Transportation

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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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[bhandvalkar94]

Future Trend of Global MPOS Hardware Market Size by Regions Segmentation, Type, Application, Opportunities and Forecast to 2030.

The report titled MPOS Hardware Market Size has been recently added by Absolute Markets Insights which provide readers with a stronger and effective business outlook. The data also presents penetrative insights into several industry attributes such as trends, policies, and clients operating in widespread industrial regions. The qualitative and quantitative analysis techniques have also been used by analysts to provide an accurate overview of global business owners and industry trends. Among other salient features of the report, the study also incorporates client’s demands as well as insinuates future progress of the market across global regions.

The analysts have distributed the global MPOS Hardware Market Size into several regions such as North America, Latin America, Asia-Pacific, Africa, and India for a detailed market study. The financial aspects of the business are also meticulously studied referring to several attributes such as price, profit margins and sales by regions during the forecast period (2021-2030).

Browse the Full Information of this report: https://www.absolutemarketsinsights.com/reports/MPOS-Hardware-Market-2018-2026-25

Mobile POS (mPOS) is a device which can be linked to a smartphone or tablet and enables the user to accept a card or mobile contactless payment. Mobile point-of-sale is changing the retail industry by delivering results that other technologies have failed to deliver. The mobile POS terminals market has gained momentum over the previous years due to rapid and increasing deployments in large retail chains, across a wide number of regional marketplaces. Ease of use and better-quality return on investment (ROI) offered by these systems has positively impacted the mPOS terminals market. The global MPOS Hardware Market Size was valued at US$ 4173.5 Mn in 2020 and is expected to reach US$ 11579.5 Mn by 2030.

The advent of affordable wireless communication technologies has increased consumer acceptance for advanced mPOS terminals. Small businesses are the main factors driving the economic growth in U.S. Firms in the SMB class are typically defined as having less than 500 employees. According to the U.S. Small Business Administration’s (SBA) Small Business Profile, 2016, there are 28.8 million SMBs in the United States. That represents 99.7% of all U.S. businesses. At least 10 million are customer-oriented businesses such as retail, restaurants, leisure, and professional services, which typically need a way to accept and process payment card transactions.

Top Key Players includes in this report: First Data Corporation, HP Development Company, L.P., Ingenico Group, NEC Corporation, Oracle, Panasonic Corporation, Posiflex technology, Inc., QVS Software, Inc., Samsung, Spectra Technologies Holdings Co. Ltd., Toshiba Corporation, Verifone, ZIH Corp., Bixolon, PAYPAL, Square, Inc., DSPREAD Technology 13.18. Intuit Inc., BBPOS Limited, amongst other.

Segmentation of MPOS Hardware Market Size:

By Solution

Hardware

Handheld terminal

Tablet

Software

By Deployment

On-premise

Cloud-based

By Application

Entertainment

Healthcare

Hospitality

Restaurant

Retail

Convenience stores

Department stores

Supermarket/Hypermarket

Discount stores

Specialty stores

Other stores

Warehouse

Others

By Region

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

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[tmr123123]

Point-Of-Sale Terminals Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2030

The global Point-Of-Sale Terminals market size is expected to be worth around US$ 230.91 billion by 2030, according to a new report by Trends Market Research.

The global Point-Of-Sale Terminals market size was valued at US$ 80.08 billion in 2020 and is anticipated to grow at a CAGR of 16.9% during forecast period 2021 to 2030.

Growth Factors

Many industries, such as manufacturing, automobile, entertainment, restaurant, and hospitality, have lost their business due to strict social distancing rules and complete lockdown imposed in most of the countries to control the spread of the novel coronavirus. The slumped businesses affected the product demand across the industries.

For instance, Europe and the Middle East regions are tourist hotspots that have suffered losses due to international travel restrictions. However, the retail and healthcare sectors are expected to exhibit product demand for point-of-sale (POS) terminals for The market is expected to regain its foothold across industries by 2021; also, Mobile Point-of-Sale (mPOS) and contactless payment terminals are in high demand currently as they contribute to the effort of containing the spread of coronavirus.

The market is anticipated to grow substantially over the forecast period owing to rising product demand in various applications, such as Customer Relationship Management (CRM), reporting, payment processing, among others. The decline in the trend of carrying cash for shopping and the need for understanding customer purchase patterns has further boosted product adoption.

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Report Highlights

The fixed product segment dominated the market and accounted for more than 61% of the global revenue share in 2020. Fixed POS terminals are preferred mainly by large-scale vendors due to high procurement and installation costs, which have currently contributed to the market growth. Furthermore, end-users wary about cloud data storage are inclined towards installing fixed POS terminals to store data with the on-premises server. The POS system has a wide range of applications, such as supporting payments devices, printing bills, inventory management, and Customer Relationship Management (CRM).

The hardware segment emerged as the largest segment in 2020, accounting for a revenue share of more than 63%. Hardware components comprise interfaces or devices to register transaction details, such as tablets, monitors, cash drawers, receipt printers, barcode scanners, EFT-POS machines, and network devices. The fixed POS terminal involves most of the hardware components to complete the system and facilitate a complete experience of managing daily activity using the system.

The retail segment generated the highest revenue share of over 31% in 2020 and is expected to grow further at a significant rate over the forecast period. The rising adoption of modern payment options by small retailers is expected to drive the segment growth. Some of the retailers that have announced chain-wide adoption of mPOS solutions include Home Depot, Disney Stores, Target, Urban Outfits, and Nordstrom. The growth of omnichannel retailing systems for a unified shopping experience across all channels via smartphones is expected to generate a high growth avenue for the retail industry.

On-premise deployment emerged as the largest deployment segment in 2020 and accounted for over 76% of the global revenue share. On-premise deployment comprises manual installation at the customer’s premise. The installation includes cabling and cabling permits, electrical work, and hardware and software installation. As large businesses are often wary of data theft, they prefer on-premises deployed POS solutions to ensure on-premises storage of critical data.

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Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. Moreover, government initiatives to support a cashless economy are increasing the demand for POS terminals in this region. A surge in the adoption of digital payment technologies in Asia Pacific has created a pool of opportunities for mPOS in countries, such as China, Japan, and India, which is expected to restrict the regional market growth for the fixed POS terminal segment over the forecast period. However, demand from large enterprises to secure their information and ensure the processing of a large volume of customer data is helping the rise in demand for fixed POS terminals. The pandemic affected the most lucrative sectors in the region including retail, hospitality, and entertainment, leading to a decline in demand for new POS terminals. China, which is a manufacturing hub for POS terminal hardware, recovered early compared to other Asian countries, while Japan implemented control measures to avoid impact on its businesses. The remaining Asian countries are striving to revive consumer-related industries, which is expected to help increase the product demand in 2021. Moreover, low penetration and considerable unbanked population in other developing countries, such as Vietnam, Japan, South Korea, Turkey, and Thailand, are expected to provide lucrative growth opportunities to the market players.

Key Players

Ingenico Group (acquired by Worldline)

NCR Corp.

VeriFone Systems, Inc.

PAX Technology, Inc.

Fujian Newland Payment Technology Co. Ltd.

Revel System, Inc.

Oracle Corp.

ShopKeep

Market Segmentation

Product Outlook

Component Outlook

Deployment Outlook

Application Outlook (Revenue, USD Million, 2016 - 2028)

Regional Outlook

Fixed

Mobile

Hardware

Software

Services

On-Premise

Cloud

Restaurants

Hospitality

Healthcare

Retail

Warehouse

Entertainment

Other

North America

Europe

Asia Pacific

Latin America

MEA

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U.S.

Canada

U.K.

Germany

France

China

India

Japan

Singapore

Australia

Brazil

Mexico

The Point-Of-Sale Terminals market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Point-Of-Sale Terminals market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Point-Of-Sale Terminals market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Point-Of-Sale Terminals market development in United States, Europe and China.

[freefestwinner]

"MPOS Terminal 2020” research report detailed market analysis, insights, overview, outlook, share, size, cagr, statistics, trends and forecast.

[market-research-report-arizton]

Point of Sale Terminal Market - Global Outlook and Forecast 2020-2025

The global point of sale terminal market is growing, with the presence of vendors such as Ingenico, Fujian Newland, Verifone, Xinguodu, and PAX Global, offering a diverse range of products. The demand for POS terminals has grown in countries such as the US, China, and India due to the booming retail industry and the shift in unorganized markets. mPOS terminals are increasingly marking their presence among end-users worldwide. The penetration of these devices is growing rapidly across the world, boosted by the growth of point of sale terminal demand in APAC countries. The global mPOS terminal market is expected to register a CAGR of over 9% in terms of revenue during the period 2019−2025.

Read more : https://www.arizton.com/market-reports/point-of-sale-pos-terminal-market

[edwardbailey286]

POS Terminal Market Size and Prediction by Leading Manufacturers According to Its Application and Types Till 2027

Global POS Terminal Market: Overview

According to a new market report pertaining to the global POS terminal market published by Transparency Market Research, the global POS terminal market is projected to reach US$ 37.0 Bn by 2027. The POS terminal market is projected to expand at a CAGR of 12.8% from 2019 to 2027. Increasing demand of organizations in the area of real time user interaction, quick payment is driving the growth of the market.

Rise in Demand for Mobile POS Terminals - Mobile point-of-sale (mPOS) refers to specialized wireless devices such as tablets and smartphones that are capable of functioning as an electronic point-of-sale terminal or cash register. The implementation of mPOS allows the sales and service industries to conduct financial transactions at any place, owing to mobility, improved customer experience, and saving of space. Furthermore, according to custom research by HP company, till 2018, 3% of enterprise merchants have fully deployed an mPOS solution, and 86% of companies are either currently in the process of implementing or are planning to implement mPOS in the next two years. Thus, the anticipated demand for mPOS is expected to drive the POS terminals market during the forecast period.

Enhanced Customer Experience and Low Total Cost of Ownership (TCO) as Compared to Conventional Channels of Payment - Advanced POS technology competes with older point-of-sale systems such as PC cash drawers (PCCD) and cash registers. Retailers are seeking ways to update the legacy checkout systems in order to enhance customer service and operational efficiency. Retailers have realized that even a small cost reduction could lead to significant improvements in the bottom-line of their businesses. The advent of advanced payment technologies such as NFC and Europay, Master Card, and Visa (EMV) and an increase in the adoption of payment options such as debit and credit cards have played a role in boosting demand for POS terminals. Furthermore, many of the terminals currently installed do not have the capacity to be upgraded and will require replacement, which is likely to boost the market.

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POS Terminal Market: Market Taxonomy

The global POS terminal market has been segmented in terms of type, component, application and region. Based on type, the market has been segmented into Fixed POS Terminal and Wireless and Mobile POS Terminal.  Based on component, the market has been segmented into hardware, software and services. Software is further segmented into on-premise and cloud. Services has been further segmented into Integration, Implementation and Consulting. Based on application, the market has been segmented into Restaurant, Hospitality, Healthcare, Retail, Warehouse / Distribution, Entertainment and Others {Field Service, Government, Transportation, etc.} By region, the global POS terminal market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Initially, vendors across the ecosystem of POS terminal were analyzed based on type of technology providers in the market.

POS Terminal Market: Regional Outlook

North America is expected to dominate the POS terminal market during the forecast period. Asia Pacific is expected to see increasing growth in the POS terminal market. The POS terminal market in Middle East & Africa, Europe, and South America is also expected to expand rapidly during the forecast period.

The report provides in-depth segment analysis of the global POS terminal market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the POS terminal market.

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POS Terminal Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global POS terminal market. Key players profiled in the report include Cisco Systems, Inc., Emerge Mobile (Pty) Ltd., Equinox Payments, LLC, Ingenico S.A., iVeri Payment Technologies (Pty) Ltd, Micros Systems, Inc., Miura Systems Ltd., NCR Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd., Toshiba Corporation, Vectron Systems SA, Yoco Technologies (Pty) Ltd.

The global point-of-sale (POS) terminal market is segmented based on:

Product Type

Fixed POS

Wireless and Mobile POS

Component

Hardware

Software

Application

Restaurant

Hospitality

Healthcare

Retail

Warehouse / Distribution

Entertainment

Field Service

Government

Transportation

Geography

North America

Europe

Asia Pacific

MEA

South America

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Point of Sale Terminal Market - Global Outlook and Forecast 2020-2025

The global point of sale terminal market is growing, with the presence of vendors such as Ingenico, Fujian Newland, Verifone, Xinguodu, and PAX Global, offering a diverse range of products. The demand for POS terminals has grown in countries such as the US, China, and India due to the booming retail industry and the shift in unorganized markets. mPOS terminals are increasingly marking their presence among end-users worldwide. The penetration of these devices is growing rapidly across the world, boosted by the growth of point of sale terminal demand in APAC countries. The global mPOS terminal market is expected to register a CAGR of over 9% in terms of revenue during the period 2019−2025.

Read more : https://www.arizton.com/market-reports/point-of-sale-pos-terminal-market

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The introduction and obtainability to non-cash payment have deducted the enslavement on cash for doing the payments. During the recent past, high percentage of the money in the circulation was witnessed to be non-cash. At the same time, the growth witnessed in the cash in exchange was less than the growth in the nominal GDP, demonstrating a movement in the customer preferences to the non-cash payments. The growth in the non-cash payments can be further recognized to the increasing merchant adoptability and the breakthrough innovation namely m-wallets, e-wallets and the contactless payment, which have encouraged convenient and robust method of doing the transactions. In addition, the Russia has been classified at the “converging” stage for becoming the cashless in environment. It is anticipated that the great commissions and the tariffs charged from the vendors would ease in the recent years in the wake of acceptance of the while label schemes all through the industry, thereby simplification the pain-points of the vendors.

Nonetheless, in the respective regions, the ATM terminal industry was witnessed to be forthcoming the optimality stage with a deduction in the number of the functional ATM Terminals and an instantaneous increase in the number of transactions per ATM Terminal during the study duration. Across Russia, this is anticipated to result in the advancements able of trouble making the prevailing CAPEX model of functions namely the production of the cash recyclers and the White Label Scheme for the ATM Terminal. Furthermore, the analysis of the industry in Russia has been covered with the segmentation based on the variety of transactions and the geographical areas of the ATM Terminals. The sector also covers the competitive dynamics of the ATM Terminal producers, ATM Management Services Merchants, Issuers and concludes with a photograph on the Cash Management Corporates, shadowed by the forthcoming outlook of the sector.

Although, Global Payments Market Growth states that the growth stage of the POS terminals market across the several developed region enables the firms to attain the available choices in the market space, motivating them to enlarge their reach and coping up with the transforming consumer preferences to non-cash payments. The positively increasing the satisfactoriness in the terms of connection of the POS terminals from the small turnover vendors functioning in the retail, delivery and several other industry in the rouse of growing card holding populace have encouraged the requirement for the POS devices, number of processed transactions and the value of administered transactions.

According to the Global Payments Market Key Players, there are numerous key players which recently functioning more positively over the coming years for leading the fastest market growth and registering the high value of market share across the globe while delivering the better consumer satisfaction, providing the services at an economical rate, and determining the growth drivers and growth opportunities includes NCR Corporation, Diebold Nixdorf Nautilus Hyosung, Oki, Indemit, Lanit ATM, MultiCarta, Ridgast, Yandex.Money, QIWI, WebMoney, PayPal, VISA, MasterCard, NSPK, SberbankAlfa Bank, VTB 24, Novacard, Rosan Finance, Alioth and several others.

Although, the growing number of medium sized and great size vendors were observed as early acceptors of tablet based on the mPoS devices. As great number of vendors has early been a portion of a great user base, financial institutions became a suitable partner to reach out to target the consumers. Therefore, in the coming years, it is anticipated that the market of global payment will increase around the globe more significantly over the coming years.

For more information on the research report, refer to below link:

Global Payments Market Growth

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