Point of Sale Terminals Market grow to Hit $ 84.53 Bn with CAGR 11.68% by 2022 ; MICROS Systems, Ingenico S.A., PAX Technology, Verifone Systems, HP Company, Panasonic Corporation, Cisco Systems, Toshiba Corporation ; Says CMR

Point of Sale Terminals Market by Product, Component and Application - Global Industry Analysis and Forecast to 2022.

The Point of Sale Terminals Market has experienced a major turnaround, due to the extensive expansion of POS terminal solutions and a variety of technological innovations happening at a rapid pace. The rising demands for incorporated POS, the proliferation of NFC devices, along with the demand for contactless payments in the industrial network are anticipated to fuel the global market. Amplified funding in the line bursting technology is predicted to act as a vital factor in boosting the market demand. Though, the requirement for extended government regulations and certifications, combined with data security concerns, is likely to restrain the growth of the market. The refusal to PCI Data Security Standards (DSS) enhances the possibility of card data breaches, which ensues in the financial and non-financial impacts, involving the loss of client trust and status of the company.

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Competitive Outlook and Trend Analysis:
Companies dominating the POS terminals market share include
MICROS Systems
Ingenico S.A.
PAX Technology
Verifone Systems
HP Company
Panasonic Corporation
Cisco Systems
Toshiba Corporation
Samsung Electronics
NEC Corporation.

Mergers and acquisitions are the major strategies implemented by market vendors.

The global POS terminals market is segmented as follows –
By Product-
Fixed
Mobile

By Component-
Hardware
Software

By Application-
Restaurants
Hospitality
Healthcare
Retail
Warehouse
Entertainment
Others

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Regional Insights:
North American market ruled the global POS terminals market, reporting for around 30% of the market revenue share. Though, the increasing customer base around emerging regions like Asia Pacific, due to the amplified SMBs and the drop in the total cost of ownership (TCO), is anticipated to impact the growth of the regional market positively. The low infiltration and extensive uncounted population in nations are projected to boost the demand during the forecast years.

Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Point-of-Sale (POS) Terminals Market, By Product
5.Point-of-Sale (POS) Terminals Market, By Component
6.Point-of-Sale (POS) Terminals Market, By Application
7.Point-of-Sale (POS) Terminals Market, By Region
8.Asia-Pacific
9.Rest of the World
10.Company Profiles
...

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Growth Booster of Market:
In 2012, the Global Point of Sale Terminals Market was evaluated around USD 28 billion and is expected to reach approximately USD 84.53 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 11.68% over the forecast period. The rising use of these systems over the retail segment is expected to boost the demand and is predicted to grow at a compound annual growth rate of around 10% during the forecast years. The elevated degree of accessibility and portability enhances the utilization of mobile terminals over this segment. These terminals render inventory management with accounting facilities, hence making it more comfortable to trail third-party billing and inventory. Different organizations are propelling over more simple transaction processes and are incorporating the point-of-sale systems with merchandising, inventory, Customer Relationship Management (CRM), and marketing data for presenting a unique, interactive, and personalized experience to consumers.

List of Tables:
Table 1.Global Point-of-Sale (POS) Terminals Market, By Product ($Billion), 2012-2022
Table 2.FixedMarket, By Region ($Billion), 2012-2022
Table 3.MobileMarket, By Region ($Billion), 2012-2022
Table 4.Global Point-of-Sale (POS) Terminals Market, By Component ($Billion), 2012-2022
Table 5.Hardware Market, By Region ($Billion), 2012-2022
...

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