Press release
POS Terminals Market by 2024 Key players are Ingenico SA, VeriFone Systems, New POS Technology, NCR Corporation, NEC Corporation, PAX Technology
Global Market Insights
In January 2017, Fujitsu, a Japanese multinational IT equipment & service firm, launched Fujitsu TP8TM, a family of retail POS terminals, which was developed to optimize and improve the online payment performance across supermarkets, department stores, drug stores, and mass merchant stores. The new product also enhances the shopping experience of the customers across retail stores through its exceptional modularity. These new product innovations are expected to result in the robust expansion of POS terminals market.
In February 2017, OMA Emirates Group, a UAE based payment service provider, purchased MobiSwipe, one of the leading mPOS service providers. The acquisition will help OMA to expand its service portfolio across APAC, Middle East, and East Europe. MobiSwipe permits traders to make use of smartphones and tablets as POS terminal devices to accept payments via debit or credit cards. In a vital breakthrough, MobiSwipe, now a part of the OMA Emirates Group, in April 2017, announced the setup of more than 50,000 mPOS terminals in India within nine months. This is an instance of how major firms have been taking key initiatives to promote cashless deals in the country and explore new business growth avenues across India (Point of Sale) POS terminals industry.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/390
Ezetap’s recent acquisition of FortunePay is a vital indicator of the growth in (Point of Sale) POS Terminals market. Similar to the growth strategies adopted by most markets, mergers & acquisitions and novel product launches primarily form the strategy landscape of POS terminals industry as well. In June 2017, Bangalore based POS firm Ezetap had acquired FortunePay, an online payment & physical payment service provider to banks in India. This deal is anticipated to help Ezetap avail the latter’s infrastructure and become a sole payment service provider for the traders in India. Earlier in June 2014, Ezetap had also collaborated with SBI (State Bank of India) to install 500,000 point of sale terminals across India over the coming five years. With more and more companies undertaking strategic tactics, POS terminals market is sure to carve out an appreciable growth map over 2017-2024.
In May 2017, Mswipe, a startup firm in the mPOS terminals industry, formed a joint venture with PayU India, a digital payment service provider, to expand its online payment business through the purchase of the latter’s offline merchant acquiring business. As per the reports from reliable sources, PayU had acquired more than 9000 offline traders across India, who, along with their point of sale business will be moved to Mswipe. Dealers transacting with Mswipe can now use PayU India’s online payment options. According to expert opinions, the strategic alliance between the online payment service providers will benefit both in terms of revenue generation as well the consolidation of their positions in POS terminals market.
In July 2017, ScanSource Incorporation, a leading service provider of point-of-sale, barcode, networking, and data solutions, acquired POS Portal Incorporation, distributor & renter of POS devices, for USD 144.9 million to extend and improve its POS payment services across the globe. This is ScanSource’s sixth acquisition since last three years, with its recent purchase being Intelisys, a technology service distributor and master agent of carrier, telecom, & cloud solutions, for USD 83.6 million in June 2017.
The month of July also witnessed NEXTEP SYSTEMS, a provider of self-order POS services, form a strategic alliance with LevelUp, the largest mobile payment platform developed by Massachusetts-based startup firm SCVNGR. The alliance will enhance the service efficiency of both the firms by offering more effective and user-friendly online payment options. Speedy self and mobile ordering operations, ensuring a seamless and personalized experience for the users are expected to spur the business expansion and ROI of both these firms, thereby providing a boost to POS terminals industry. Global Market Insights, Inc., claim POS terminals market value to surpass USD 125 billion by 2024.
Browse Full Report @ https://bit.ly/1WnLOOV
Partial Chapter of the Table of Content
Chapter 6 POS Terminals Market, By Application (Revenue, Volume)
6.1 POS terminals market share by application, 2016 & 2024
6.2 Restaurants
6.2.1 Global market demand from restaurants, 2012 - 2024
6.2.2 Global market demand from restaurants, by region, 2012 - 2024
6.3 Hospitality
6.3.1 Global market demand from hospitality, 2012 - 2024
6.3.2 Global market demand from hospitality, by region, 2012 - 2024
6.4 Healthcare
6.4.1 Global market demand from healthcare, 2012 - 2024
6.4.2 Global market demand from healthcare, by region, 2012 - 2024
6.5 Retail
6.5.1 Global market demand from retail, 2012 - 2024
6.5.2 Global market demand from retail, by region, 2012 - 2024
6.6 Warehouse/Distribution
6.6.1 Global market demand from warehouse/distribution, 2012 - 2024
6.6.2 Global market demand from warehouse/distribution, by region, 2012 - 2024
6.7 Entertainment
6.7.1 Global market demand from entertainment, 2012 - 2024
6.7.2 Global market demand from entertainment, by region, 2012 - 2024
6.8 Others
6.8.1 Global market demand from other applications, 2012 - 2024
6.8.2 Global market demand from other applications, by region, 2012 - 2024
Chapter 7 POS Terminals Market, By Technology (Revenue, Volume)
7.1 POS terminals market share by technology, 2016 & 2024
7.2 Biometric
7.2.1 Global biometric POS terminals market, 2012 - 2024
7.2.2 Global biometric POS terminals market, by region, 2012 - 2024
7.2.3 Global biometric POS terminals market, by product, 2012 - 2024
7.3 Traditional
7.3.1 Global traditional POS terminals market, 2012 - 2024
7.3.2 Global traditional POS terminals market, by region, 2012 - 2024
7.3.3 Global traditional POS terminals market, by product, 2012 - 2024
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release POS Terminals Market by 2024 Key players are Ingenico SA, VeriFone Systems, New POS Technology, NCR Corporation, NEC Corporation, PAX Technology here
News-ID: 1126421 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for POS
The Continuing Growth Story of Restaurant POS System Market | Square, BIM POS, T …
Global Restaurant POS System Market by Player, Region, Type, Application and Sales Channel is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the…
POS Software Market is Booming Worldwide with Realtime POS, Alexandria Computers …
Advance Market Analytics released the research report of Global POS Software Market, offers a detailed overview of the factors influencing the global business scope. POS Software Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the POS Software. This Report covers the emerging player's data, including: competitive…
Cloud POS Market to 2027 - Square, Intuit, Oracle, Shopify,Toast, Vend, Accu POS …
The global Cloud POS market valued at US$ 4.95 Bn in 2018 and is expected to grow at a CAGR of 21.6% during the forecast period 2019 – 2027, and reach US$ 27.82 Bn in 2027.
Key Benefits-
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Cloud POS Market
- To forecast the size of the market segments with…
POS Software Market Is Booming Worldwide | Realtime POS, Heartland Payment Syste …
Advance Market Analytics recently introduced POS Software Comprehensive Study by Type Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Realtime POS, Inc. (United States) , Heartland…
Global Restaurant POS Software Market Forecast 2018-2025 Loyverse , eZee Techno …
Global Restaurant POS Software Market
This report focuses on the global Restaurant POS Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Restaurant POS Software development in United States, Europe and China.
In 2017, the global Restaurant POS Software market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
Request…
Restaurant POS Software Market 2017 - Abacre, Aldelo, Loyverse, Boxy POS, BIM PO …
Apex Research, recently published a detailed market research study focused on the "Restaurant POS Software Market" across the global, regional and country level. The report provides 360° analysis of "Restaurant POS Software Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Restaurant POS Software industry, and estimates the future trend of Restaurant…
