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Global Android POS Market accounted for USD 23 million in 2019 and is expected to reach around USD 230 million globally by 2024, at a CAGR of 46.2% between 2019 and 2024

02-07-2019 12:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Apex Market Reports

Global Android POS Market

Global Android POS Market

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.

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 worldwide market for Android POS is expected to grow at a CAGR of roughly 46.2% over the next five years, will reach 230 million US$ in 2024, from 23 million US$ in 2019.

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Market Segment by Manufacturers, this report covers
Fujian Centerm
PAX Technology
Xinguodu
Smartpeak
Newland Payment
Clover Network
Zall Fintech
SZZT Electronics
Sunmi
Justtide
Ingenico
NEWPOS
Wintec
Hisense

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Portable POS
Desktop POS

Market Segment by Applications, can be divided into
Retail
Restaurant
Hospitality
Other

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The Global Android POS Market 2019 is further emphasis on the basis of product pricing, Android POS production volume, data pertaining to demand and Android POS supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Android POS along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Android POS across the globe.

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