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Point of Sale (POS) System Market 2018 Growth, Trends & Key Companies Opportunity (Ingenico, Verifone, Newland Payment, PAX, LIANDI, Xin Guo Du, Centerm, Bitel, New POS Tech, Castles Tech, SZZT, CyberNet etc.)

10-22-2018 08:28 AM CET | IT, New Media & Software

Press release from: Orian Research

Point of Sale (POS) System Market

Point of Sale (POS) System Market

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

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In 2017, the global Point of Sale(POS) System market size was 6410 million US$ and it is expected to reach 20600 million US$ by the end of 2025, with a CAGR of 15.7% during 2018-2025.

The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed. At the point of sale, the merchant would calculate the amount owed by the customer and indicate the amount, and may prepare an invoice for the customer (which may be a cash register printout), and indicate the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed, but is increasingly being dispensed with or sent electronically.

The POS System industry is relatively concentrated, the top 12 manufactures accounting 84.47% global market share in 2017. The global market scale of POS System is about 62 million units in 2017. It is expected to reach 179 million units by 2023, with the CAGR of 19%. In the world wide, major manufactures mainly are Ingenico, Verifone, PAX, Newland Payment, LIANDI, Xin Guo Du, New POS Technology, Bitel, CyberNet, Castles Technology, SZZT and etc.

Asia-Pacific is the largest consumer of POS System and is expected to retain the higher growth rate during the next five years due to strong growth in electronic payment industry. China has witnessed a major chunk of the production and consumption of POS System in the Asia Pacific region. In 2017. China produced about 28.5 million POS Systems, accounting 45.8% of global market share.

In recent years, the demand for electronic payment has been growing and the demand of faster speed of payment has been growing as well. This trend has made the demand of Mobile POS Systems become larger and this trend can be anticipated to fuel the market growth during the forecast period.

This industry is affected by the economy and policy, so it?s important to put an eye to economic indexes and leaders? prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of POS System starch will increase.

We tend to believe this industry now is close to mature, and the demand increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Market segment by Type, the product can be split into
Fixed POS System
Wireless POS System
Mobile POS System

Market segment by Application, split into
Retail
Restaurant
Hospitality
Other Industry

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Key Companies Analyzed in this Report are:
• Ingenico
• Verifone
• Newland Payment
• PAX
• LIANDI
• Xin Guo Du
• Centerm
• Bitel
• New POS Tech
• Castles Tech
• SZZT
• CyberNet
• …

Key Stakeholders
Point of Sale(POS) System Manufacturers
Point of Sale(POS) System Distributors/Traders/Wholesalers
Point of Sale(POS) System Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Major Points Covered in Table of Contents:
1 Industry Overview of Point of Sale (POS) System

2 Global Point of Sale (POS) System Competition Analysis by Players

3 Company (Top Players) Profiles

4 Global Point of Sale (POS) System Market Size by Type and Application (2013-2018)

5 United States Point of Sale (POS) System Development Status and Outlook

6 EU Point of Sale (POS) System Development Status and Outlook

7 Japan Point of Sale (POS) System Development Status and Outlook

8 China Point of Sale (POS) System Development Status and Outlook

9 India Point of Sale (POS) System Development Status and Outlook

10 Southeast Asia Point of Sale (POS) System Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2018-2025)

12 Point of Sale (POS) System Market Dynamics

13 Market Effect Factors Analysis

14 Research Finding/Conclusion

15 Appendix

About Us
Orian Research is one of the most comprehensive collections of market intelligence reports on The World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

Contact Us
Ruwin Mendez
Vice President – Global Sales & Partner Relations
Orian Research Consultants
US: +1 (415) 830-3727 | UK: +44 020 8144-71-27
Email: info@orianresearch.com

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