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Retail Point-of-Sale (POS) Terminals Market Research Study by Focusing on Advanced Technology including Analysis of Top Manufacturers like: Panasonic Corporation, Ingenico Group, NEC Corporation, Micros Systems Inc., Hewlett-Packard Inc., Cisco Systems In

Retail Point-of-Sale (POS) Terminals Market

Retail Point-of-Sale (POS) Terminals Market

Retailers are integrating mobile POS terminals into business to simplify transactions, reduce waiting times, and increase number of interactions. Mobile POS also offers customer analysis and data regarding past transactions, inventory management, and employee management. It enables retailers to offer personalized services to customers through offers and loyalty schemes, coupons, and other services. Mobile POS terminals are also space efficient and take lesser space than fixed POS terminals. This space efficiency enables retailers to use the extra space for display or inventory.

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Retail Point-of-Sale (POS) Terminals Market is anticipated to reach USD 49,863 million by 2026. In 2017, the fixed POS terminals dominated the global market, in terms of revenue, according to a new study published by Polaris Market Research. North America is expected to lead the global market in 2017.

There has been an increasing adoption of retail POS terminals owing to increase need to improve customer experience, and simplify card payments. The Retail Point-of-Sale (POS) Terminals Market is driven by the increasing digital payments and government support to secure digital payments. Technological advancement in cloud-based POS terminals, android-based POS terminals, biometrics, and NFC technology is expected to augment market growth.

Following are the Key Manufacturers in Retail Point-of-Sale (POS) Terminals Market: -

Panasonic Corporation
Ingenico Group
NEC Corporation
Micros Systems Inc.
Hewlett-Packard Inc.
Cisco Systems Inc.
Epicor Software Corporation
PAX Technology Ltd
VeriFone Systems Inc

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Retail Point-of-Sale (POS) Terminals Market are segmented into fixed POS terminals and mobile POS terminals. Fixed POS terminals are expected to dominate the global market throughout the forecast period. Mobile retail POS terminals market is expected to grow at a significant CAGR during the forecast period owing to technological advancement and emergence of mobile wallets. Additionally, affordable costs, mobility, ease of use, and increased efficiency.

Owing to increasing adoption of mobile devices, high disposable income, and growing need to offer enhanced services to customers, North America generated the highest revenue in the market in 2017. The Asia Pacific region is expected to register substantial growth in the Retail Point-of-Sale (POS) Terminals Market owing to the rapidly emerging retail sector in countries such as India and China. The demonetization effect in India has encouraged consumers to accept cashless transactions.

TOC of Retail Point-of-Sale (POS) Terminals Market:

Chapter 1. Overview and Scope

Chapter 2. Executive Summary

Chapter 3. Market Insights

Chapter 4. Retail Point-of-Sale (POS) Terminals Market Size and Forecast

Chapter 5. Dynamics and Segmentation

Chapter 6. Detailed Insight on Company Profiles

Chapter 7. Research Methodology and Reference

Chapter 8. Competitive Landscape

TOC Continuedโ€ฆ...!!!

About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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