Posted on Jul 9 2019 3:46 PM

"This report studies the global Point of Sale (POS) Terminal market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Point of Sale (POS) Terminal market by companies, region, type and end-use industry. "

Global “Point of Sale (POS) Terminal Market 2019-2023” has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Point of Sale (POS) Terminal market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Report specifies the complete estimate of Global Point of Sale (POS) Terminal market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region.

Top-Listed Players in Point of Sale (POS) Terminal Market Research Report 2019-2023

  • Cisco Systems Inc.
  • Toshiba Corporation
  • VeriFone System Inc.
  • Samsung Electronics Inc.
  • MICROS Systems Inc.
  • Hewlett Packard Enterprise
  • Ingenico SA
  • NEC Corporation
  • Panasonic Corporation
  • PAX Technology
  • Dell Inc.

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Overview of Point of Sale (POS) Terminal Market: 

The global point of sale terminal market was valued at USD 57.896 billion in 2017, and is expected to reach USD 109.461 billion by 2023, witnessing a CAGR of 11.2% during the forecast period of 2019-2023. Point-of-sale systems are the final contact point of businesses that are employed to handle checkouts and payments. Modern POS systems integrate multiple systems into single terminal, to handle a range of operations, including billing, cash collection, card payments, printing, data analysis, etc. The scope considered in our study includes hardware terminals, software deployed in these terminals, and related services.
With an increasing concentration of businesses and growing customer frequency, businesses are looking for technologies that streamline processes and integrate into a single contact point. Innovations in technology have led to advancements in these systems, namely MPOS and automated POS systems, which completely automate the checkout processes. POS systems also help increase the operational efficiency of businesses, by offering almost 24% saving in operations and high returns on investments.

Ease of Use and Increased Efficiency Driving the Growth of the Market

Point-of-sale systems have emerged as a reliable alternative to traditional cash registry systems. These systems give merchants multiple capabilities, such as tracking of sales, faster checkouts, easy forwarding of orders, monitoring the inventory, secure payments, etc. These features enable merchants to increase productivity, and subsequently, sales. The new generation systems need minimal interaction from a technician to install the systems, as these devices with plug-and-play capabilities are being deployed with most of the pre-installed software components. This eliminates the hassles of setting up the system for users, and thus makes it easy for small and medium merchants to adopt these systems. Thus, the ease of use offered by the systems and increased efficiency are driving the growth of these systems across the globe. 

Hardware Component Dominating the Market Landscape

Many industries are developing smooth inventory and money management systems, as customers’ needs have increased over time. Modern POS systems are simple to use than the cash registers, and are being widely used in various sectors, as they help in all aspects, such as inventory management, transaction management, cash management, revenue management, and data analysis. Further improvements in these areas are increasing the demand for the POS systems. Hardware components have also registered significantly up gradation over the last few years, as the usage of POS terminals is growing in line with global consumerism. POS hardware systems have changed, with the increasing number of e-wallets and card accommodations and payment flexibility. On a daily basis, businesses have already started using these interfaces.

North America to Dominate the Market

North America is the largest segment of the market studied. The significant share of the region can be primarily attributed to the adoption of POS terminals across various industries, particularly retail, entertainment, and healthcare. There is a constant demand for POS terminals in countries, such as the United States and Canada, where this demand is attributed to the significant growth of retail outlets, casinos, restaurants, and booming tourism. The United States is a major segment in the global and North American POS terminal markets. For several years, various types of POS terminals are being used in outlets in the country, thus boosting the need for replacement with updated technologies. The emergence of POS terminals would go a long way in bolstering the regional market. The increased competiveness among the vendors and manufacturers is expected to bring about interesting growth prospects in the world of automation.

The key players in the market include: Cisco Systems Inc., Toshiba Corporation, VeriFone System Inc., Samsung Electronics Inc., MICROS Systems Inc., Hewlett Packard Enterprise, Ingenico SA, NEC Corporation, Panasonic Corporation, PAX Technology and Dell Inc.

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Key Highlights from Point of Sale (POS) Terminal Market Report 2019.

Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry. Additionally, macroeconomic factor and regulatory policies are as curtained in Point of Sale (POS) Terminal industry evolution and predictive analysis.

Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Point of Sale (POS) Terminal Market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry and Key officials of profiled companies.

Competition — Leading players have been analyzed depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.

Demand & Supply and Effectiveness — Point of Sale (POS) Terminal Market report additionally provides distribution, Production, Consumption for the complete industry.

Point of Sale (POS) Terminal Market Top Regions (regional analysis covers):-

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America, Middle East, and Africa

Reasons to Purchase this Report

  • Provision of the impact of opportunities offered by technological advancements in microelectronics and computing techniques.
  • Analysis of various perspectives of the market, with the help of Porter’s five forces analysis.
  • Regional analysis of the market studied.
  • Identification of the latest developments, market shares, and strategies employed by the major market players.
  • Three months analyst support along with the Market Estimate sheet (in Excel).

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Major Points from Table of Contents for Point of Sale (POS) Terminal Market 2019:

Part 1 Industry Overview

1.1 Point of Sale (POS) Terminal Industry
1.1.1 Point of Sale (POS) Terminal Market Development
1.1.2 Terminology Definition in the Report
1.1.2.1 Production
1.1.2.2 Point of Sale (POS) Terminal Industry Demand
1.1.2.3 Point of Sale (POS) Terminal Market Sales Revenue
1.1.2.4 Ex-factory Price & Sales Price 
1.1.2.5 Cost
1.1.2.6 Point of Sale (POS) Terminal Market Gross Margin
1.2 Point of Sale (POS) Terminal Market Products & Services Scope
1.3 Industry Chain
1.4 Industry Dynamics & Regulations
1.5 Global Market Overview

Part 2 Upstream & Production

2.1 Raw Materials / Components
2.2 Procurement Methods & Channels
2.3 Point of Sale (POS) Terminal Market Cost Structure & Manufacturing
2.4 Industry Capacity
2.5 Point of Sale (POS) Terminal Market Production Distribution by Geography
2.5.1 Production in Major Regions / Countries
2.5.2 Trade Flow Overview

Part 3 Product Segment 

3.1 Introduction by Type
3.2 Point of Sale (POS) Terminal Market Status

Part 4 Application / End-User Segment

4.1 Introduction by Application
4.1.1 Pharmaceuticals
4.1.2 Additives
4.1.3 Scientific Research
4.2 Market Status

Part 5 Regional Market

Part 6 Point of Sale (POS) Terminal Market Subdivision

6.1 Regional Production
6.1.1 Production by Type

6.2 Regional Demand

6.2.1 Demand by Type

6.2.2 Demand by Application

6.2.3 Additives Demand by Region
6.2.4 Scientific Research Demand by Region

Part 7 Point of Sale (POS) Terminal Market Forecast 

7.1 Global Forecast
7.2 Forecast by Type
7.3 Forecast by Application
7.4 Forecast by Region

Continued…

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