Wireless POS Terminal Market To Rise at 14.1% CAGR With Global industry Leading Players - BBPOS, BITEL, Castles Technology, Cegid Group, CITIXSYS AMERICAS, Diebold Nixdorf, Elavon, First Data

Industry Highlights

A point of sale terminal (POS) is digital device executed to operate at through card payments at different terminals. It consists of a computer, monitor, cash drawer, receipt printer, barcode scanner, POS software and weight scale. It is used by dealers to manage information associated to their inventory, customers and cash flows. In addition, it improves the shopping experience for consumers by reducing the processing time for payments.

According to Market Prognosis, the Global Wireless Pos Terminal market is accounted for $6.23 billion in 2017 and is expected to reach $20.45 billion by 2026 growing at a CAGR of 14.1% during the forecast period. Growing use of Europay, Mastercard, and Visa (EMV) Cards, rise in cashless transactions in different countries and growing e-commerce transactions are some factors impacting the market growth. However, Security issues related to wireless technology and high maintenance cost of wireless POS systems are hindering the growth of the market.

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Market Top Player’s

Some of the key players in Global wireless POS terminal market include BBPOS, BITEL Co Ltd, Castles Technology, Cegid Group, CITIXSYS AMERICAS, Diebold Nixdorf, Elavon, First Data, Ingenico, iZettle technology company, NCR Corporation, Newland Payment Technology, PAX Global Technology, Revel Systems, Inc., Shopkeep, Squirrel Systems, TouchBistro Inc. Vend and Winpos Group.

What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Market Segments

Amongst type, Portable Countertop & PIN Pad segment is likely to grow at a maximum CAGR during the forecast period, due to they are compact, simple for both merchants as well as customers and easy to install. Portable Countertop is used in small enterprises and local business with in store purchases.
By geography, North America is anticipated to dominate the largest market share due to due to the significant use of wireless POS terminals across numerous industries such as retail, hospitality and entertainment industries.
Types Covered:
• Smart POS
• Wireless and Mobile POS Terminal
• Fixed POS Terminals
• Portable Countertop & PIN Pad
• Other Types
Components Covered:
• Software Solutions
• Hardware
Services Covered:
• Transaction Management Services
• Merchant Services
• Installation Services
• Other Services
End-Users Covered:
• Sports & Entertainment
• Transportation
• Retail
• Hospitality
• Healthcare
• Restaurant
• Warehouse / Distribution
• Other End-Users

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This release was published on openPR.