Press release
Android POS Market Growth Opportunity and Future Forecast By Leading Enterprises - Fujian Centerm, PAX Technology, Xinguodu, Smartpeak, Newland Payment, Clover Network, Zall Fintech, SZZT Electronics, Sunmi
ReportsWeb.com has announced the addition of the “Global Android POS Market Insights Forecast to 2025” The report classifies the global Android POS Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.Android POS can link itself to several checkout terminals in your counter and operated by main computer. With the Android technologies added, the device is programmed, it can track your usage, record sales, monitor updates of dollar changes, calculate orders and payments, and tally inventory sales based on items saved in your system. This POS system gives you control on your business where security control on the cash register have and limit the number of employees who can open this. The Android POS is capable of keeping tracks and records of company’s sales. Checking the business’s profit is much easier compared to tedious manual checking. It can help to improve marketing strategies and technique by analyzing the condition of the business. That’s why even small-scale businesses need the help of such device to make their job a lot easier and faster.
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In the last several years, Global market of Android POS developed rapidly. In 2016, Global production of Android POS is nearly 46 K Unit.
The global average price of Android POS is in the decreasing trend, from 331 USD/Unit in 2012 to 252 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Android POS includes Portable, Desktop and Other. And the Portable POS devices hold the largest market share in 2016 (about 85%).
Android POS is widely used in Retail, Restaurant, Hospitality Industry and other field. The biggest usage of Android POS is Retail, and the sale in 2016 is 25 K Units. The trend of Retail is increasing.
China region is the largest supplier of Android POS, with a production market share nearly 62.3% in 2016. USA is the second largest supplier of Android POS products, enjoying production market share nearly 9.8% in 2016.
The Android POS market was valued at 23 Million US$ in 2017 and is projected to reach 480 Million US$ by 2025, at a CAGR of 46.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Android POS.
The industry is seeming to be fairly competitive. Some of the leading market players include Fujian Centerm, PAX Technology, Xinguodu, Smartpeak, Newland Payment, Clover Network, Zall Fintech, SZZT Electronics, Sunmi, Justtide, Ingenico, NEWPOS, Wintec, Hisense.
This report splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.
This study categorizes the global Android POS breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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