Request for Sample Report @ https://www.persistencemarketresearch.com/samples/18598
The global POS machine market is projected to grow at an exponential growth rate during the period of assessment. The global market is poised to grow at a value CAGR of 11.5% during the 2017-2025 period to reach a market evaluation of around US$ 144.2 Bn in 2025 from US$ 60.2 Bn in 2017. The growth path of the POS machine market from 2012-2016 was a bit slower as compared to the 2017-2025 period, where it reflects a higher increase in value and volume.
The enhancements in the POS terminal systems in recent years (for example, features like real time analytics), rising use of mobile devices for POS transactions, emergence of chip-embedded payment cards and PIN (Personal Identification Number) that minimizes security concerns, high government initiatives to encourage the use of payment cards and POS terminals, rise in modern retail, higher adoption of POS terminals in various sectors such as healthcare, hospitality and retail, rapid urbanization and increasing literacy levels, rise in cashless economy and implementation of policies and regulations for electronic payment systems have driven the growth of the global POS machine market. Also, several marketing initiatives and increased focus on customer retention has supported the health of POS machine market worldwide. The customer database on shopping patterns can be recorded in the POS systems which can be used to deploy discounts, promotions and several loyalty programs to generate more opportunities.
Request for Report Methodology @ https://www.persistencemarketresearch.com/methodology/18598
Moreover, trends like adoption of contactless POS, growth in NFC and EMV technologies in POS systems, technological trends like motion sensing images and tablet POS systems, mPOS (mobile point-of-sale) and growth in the retail infrastructure have presented several opportunities in the global POS machine market. However, high initial investment will always be a concern in this market due to costly hardware and software components restraint. To add to this, the lack of digital awareness, poor use of technology, rise in mobile wallets (especially in emerging economies) and slow penetration of payment cards throw challenges to the growth of the global POS machine market.
The global POS machine market is segmented by terminal type (fixed POS terminal, mobile POS terminal, pocket POS terminal and POS GSM/GPRS terminal), by Industry (retail and consumer goods, BFSI, healthcare, manufacturing, travel and hospitality, media and entertainment and others) and by region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa).
The global POS machine market research report includes company profiles of key players involved in the daily operations of POS machines. Verifone, Ingenico Group, PAX Technology Limited, Shenzhen Xinguodu Technology Co., Ltd., SZZT Electronics Co., Ltd., BBPOS Limited, Fujian Centerm Information Co., Limited, Fujian Newland Payment Technology CO., Limited and New POS Technology Limited are the key players analyzed in the global POS machine research study.
Access full Summary @ https://www.persistencemarketresearch.com/market-research/pos-machines-market.asp
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
This release was published on openPR.
Permanent link to this press release:
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 Machines here
News-ID: 1255433 • Views: 489
More Releases from Persistence Market Research
The Fine Medical Wire Market to grow through handy data and analytics
The Fine Medical Wire Market taught to grow sporadically shortly. With improvement in machine-powered analytics, the healthcare vertical is bound to substantiate therein. Machine learning does make caregivers able of putting data to use, thereby enhancing patients’ outcomes along with overall efficiency. This would be the trend in the healthcare vertical going forward. Prevalence of vascular disease is increasing at an alarming rate. This disorder has a serious impact on life
Digitally driven operational insights and efficiencies to boost the Autogenous V …
The Autogenous Vaccines Market is expected to witness a staggering CAGR going forward. The gamut of care is being driven by the usage of sensors, digital technologies, and wearables, thereby allowing the healthcare personnel to delve deep into the patients’ live – be it pre-operative, post-operative, or the period in between. Consumer tech companies are into making caregivers visible outside of the clinical environment a reality. Vaccination of animals is
The North America Synthetic Opioids Market to elevate itself with digital transf …
The North America Synthetic Opioids Market is ascertained to make greater strides in the future. The present-day and futuristic cutting-edge technology, namely IoT, AI, and Big Data operate better in a lightning-fast and reliable internet connection. The benefits of high-speed internet would be seen in telecare in the next 2-3 years, but going forward, more authentic data streams are likely to come up with better-connected devices, thereby revolutionizing the healthcare
The Opioids Market to grow with biosensors
The Opioids Market is ascertained to make greater strides in the future. The present-day and futuristic cutting-edge technology, namely IoT, AI, and Big Data operate better in a lightning-fast and reliable internet connection. The benefits of high-speed internet would be seen in telecare in the next 2-3 years, but going forward, more authentic data streams are likely to come up with better-connected devices, thereby revolutionizing the healthcare system. Demand for synthetic
More Releases for POS
User-Friendly Odoo POS Solutions
Odoo Point of Sale is everything your shop needs, from smart interface to real-time inventory control and accurate forecasts. Nevertheless, Odoo POS lets you stay operational even if you are not connected to internet. Odoo POS for Shops: POS software for a shop is compatible with other Odoo apps such as eCommerce, inventory, sales, and marketing to let you manage operations and be a genuinely multi-channel platform. POS Session and
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
Global Restaurant POS Software Market Size, Status and Forecast 2022 - Boxy POS, …
This report studies the global Restaurant POS Software market, analyzes and researches the Restaurant POS Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Loyverse eZee Technosys Boxy POS BIM POS Oracle Hospitality AccuPOS FoodZaps Technology Abacre Aldelo Amigo Point Of Sale Market segment by Application, Restaurant POS Software can be split into PC Terminal Mobile Terminal Get Free Sample copy of this report @ http://www.qyresearchreports.com/sample/sample.php?rep_id=1318989&type=E Table of
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
Aldelo Online Ordering POS Solutions for Restaurants by Vibrant POS System, Alde …
Vibrant POS, a nationwide provider of point of sale solutions has partnered up with Online Orders Now, an innovative leader in the online/mobile app ordering solution for restaurants. Together, Vibrant POS and Online Orders Now will provide merchants with a state of the art online ordering system to grow their business and see an immediate increase in volume, greater market penetration, higher average ticket amounts, and lower net costs. By utilizing