Point of Sale Market Forecast to 2029 | CAGR 15.9%

Posted on Jan 24 2023 5:34 AM

"Point of Sale (POS) Market Size, Share & COVID-19 Impact Analysis, By Type (Fixed POS, Mobile POS), By Component (Hardware, Software, Services), By Deployment (On-premise, Cloud-based), By End-user (Restaurants, Retail, Entertainment, Others (Gas Stations, Transportation), and Regional Forecast, 2023-2028 "

The global “Point of Sale Market Size in 2023” is expected to rise with an impressive CAGR and generate the highest revenue by 2029. Fortune Business Insights™ in its latest report published this information. The report is titled "Point of Sale Market Size, Share & Trends Forecast". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Point of Sale Market share, types, applications, growth factor, key players and regions.

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Point of Sale Market Size Projections:

USD 70.75 Billion by 2029

USD 22.08 Billion in 2021

CAGR: 15.9%

Report Highlights:

  • A comprehensive overview of the Point of Sale Market in 2023
  • Significant factors boosting, restricting, challenging and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in the Point of Sale Market
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

 

Factors affecting the growth of Point of Sale Market (2023-2029)

  • The increasing adoption of mobile and cloud-based point of sale (POS) systems, which can provide greater flexibility and scalability for businesses.
  • The growing demand for omnichannel retail solutions, which allow customers to shop seamlessly across different channels, such as online and in-store.
  • The increasing popularity of contactless payment methods, such as mobile wallets and near-field communication (NFC) technology, which can improve the speed and convenience of transactions.
  • Increasing competition and the emergence of new players in the market, leading to the development of new and innovative POS solutions.

 

List of Top Key Manufacturers for Point of Sale Market:

  • Ingenico Group (Paris, France)
  • NCR Corp. (Georgia, U.S.)
  • VeriFone Systems, Inc. (California, U.S.)
  • Revel System, Inc. (California, U.S.)
  • PAX Technology (Shenzhen, China)
  • Oracle (Texas, U.S.)
  • HP Inc. (California, U.S.)
  • Lightspeed (Montreal, Canada)
  • Square, Inc. (California, U.S.)
  • Fujitsu (Tokyo, Japan)

For More Specific Information, Speak to Our Analyst at - https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/106336

Some of the Key Questions Answered in this Report:

  • Detailed Overview of Point of Sale Market will help deliver clients and businesses making strategies.
  • Influencing factors that are thriving demand and latest trends running in the market.
  • Point of Sale Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
  • What trends, challenges and barriers will impact the development and sizing of the Global Point of Sale Market?
  • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
  • What is the Point of Sale Market growth momentum or market carries during the forecast period?
  • Which region may tap the highest market share in the coming era?
  • Which application/end-user category or Product Type may seek incremental growth prospects?
  • What focused approach and constraints are holding the Point of Sale Market demand?

The Point of Sale Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.

Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

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Key Points from TOC:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Global Statistics — Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario — Key Countries
4.5 Recent Industry Developments — Partnerships, Mergers & Acquisitions
5. Global Point of Sale Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
……………
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis — Major Players
12. Company Profiles
12.1 Overview
12.2 Products & Services
12.3 SWOT Analysis
12.4 Recent developments
12.5 Major Investments
12.6 Regional Market Size and Demand
13. Strategic Recommendations
TOC Continued……………….