Point-of-Sale (POS) Terminals Market to Grow 2X amid Prevalence of Cashless Payments – Fact.MR Study

250 Pages Point of Sale (POS) Terminals Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.

The report offers actionable and valuable market insights of Point of Sale (POS) Terminals. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Point of Sale (POS) Terminals Market across various industries and regions.

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Point-of-sales (POS) Terminals market will grow at a promising CAGR of more than 7% between 2019 and 2029. Budding ecosystems of cashless payments in developing countries are set to fuel the demand for POS terminals in retail, healthcare, and restaurants. Various application segments are witnessing heightened demand for convenient features such as invoice management, inventory management, and image scanners. Point of sale terminal systems offer these features as additional benefits to drive market demand. Innovation and development of high speed networks positively impact the growth of point of sale terminals in untapped markets.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Point of Sale (POS) Terminals market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Point of Sale (POS) Terminals

This newly published and insightful report sheds light on Market Insights of Point of Sale (POS) Terminals, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Point of Sale (POS) Terminals Market.

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Global Point-of-Sale Terminals Market: In-Depth Assessment on Key Segments

The global point-of-sale terminals market is segmented on the basis of product, component, deployment, application and region.

Product
  • Fixed POS Terminal
  • Mobile POS Terminal
Component
  • Hardware
  • Software
  • Services
  • Mining
  • Metal Fabrication
Deployment
  • On-Premise
  • Cloud
Application
  • Restaurants
  • Hospitality
  • Healthcare
  • Retail
  • Warehouse
  • Entertainment
  • Others
Region
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

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Market players that influence the competitive landscape are but not limited to,

  • Cisco Systems Inc.
  • Centerm Information Co.LTD.
  • Diebold Nixdorf Incorporated
  • Hewlett-Packard Inc.
  • Hisense
  • Ingenico Group
  • NCR Corporation
  • NEC Corporation
  • Newland Payment Technology
  • Oracle Corporation
  • Panasonic Corporation
  • PAX Technology Corp.
  • Posiflex Technology Inc.
  • Samsung Electronics Co.Ltd.
  • Toshiba Corporation
  • VeriFone Systems Inc.

Key Takeaways of Point of Sale Terminal Market Study

  • Fixed POS terminal holds leading share of more than 3/4th of the total market value.
  • Mobile POS terminal segment will gain 3.6X growth during the forecast period.
  • On-premise deployment has a market value share of more than 77%.
  • Cloud POS presents lucrative growth opportunities on the back of a stupendous 10% CAGR through 2029.
  • Healthcare is projected to grow 2.7X during the forecast.
  • Asia Pacific (East Asia + SAO) will lead global sales and grow 2.4X during the forecast period.

“Market players stand to gain sustainable growth by forging strategic partnerships with stakeholders from within various applications. Innovation of POS systems with support features for managing inventory, and employee productivity will further product demand.”-Says the Fact MR Analyst

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Key Question answered in the survey of Point of Sale (POS) Terminals market report:

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More Valuable Insights on Point of Sale (POS) Terminals Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Point of Sale (POS) Terminals, Sales and Demand of Point of Sale (POS) Terminals, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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