openPR Logo
Press release

What’s Driving the POS Terminals Market Growth? | Key Companies are Ingenico Group, MICROS Systems Inc, NCR Corporation, NEC Corporation, Squirrel Systems, Toshiba, Verifone, Wincor Nixdorf, Touch Dynamic, Castles Technology Co., Ltd.

06-21-2019 06:50 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

/ PR Agency: POS Terminals Market
POS Terminals Market

POS Terminals Market

The birth of e-commerce has brought about a dynamic change in payment modes over time. POS terminals market, influenced by this very revolution, has been gaining mass popularity since the last few years, given the widespread adoption of cashless facilities. The growing popularity of NFC and card payments among the consumers will also serve to enhance (point-of-sale) POS terminals industry share. Nowadays, to reduce the hassle of carrying cash, people have been shifting their focus toward the adoption of POS terminals, which has led to the massive expansion of (point of sale) POS terminals market.

Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/390

Increasing government regulations and policies to provide a secured platform for the safety of transactions and customer details is driving the POS terminals market growth. Regulatory bodies instruct banks and platform providers to adopt several guidelines framed by the government to reduce the chances of fraud, data breach, and losses. For instance, the Payment Card Industry Data Security Standard (PCI DSS) is one such organization that was developed to increase the control over cardholders’ data for reducing credit card frauds. Such factors are encouraging developers in the POS terminals market to incorporate several advanced technologies that will ensure that the customer & organizational data is secured.

The key players covered in this study: -

1. MICROS Systems Inc
2. NCR Corporation
3. NEC Corporation
4. PAX Technology
5. Squirrel Systems
6. Toshiba
7. Verifone
8. Wincor Nixdorf
9. Hewlett-Packard Company
10. Touch Dynamic
11. Squirrel Systems
12. Samsung Electronics
13. POSIFLEX
14. PAR Technology Corporation
15. Panasonic Corporation
16. Castles Technology Co., Ltd.
17. Cisco

Some Points From Table of Content: -

Chapter 3. POS Terminals Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Payment industry landscape
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Biometric recognition technology
3.4.2. Countertop POS
3.4.3. Wireless POS terminals
3.4.3.1. Benefits of a wireless POS system
3.4.4. Connected vs standalone POS terminals
3.4.5. Internet of Things (IoT) technology
3.4.6. Smart card/EMV chip card
3.4.7. Near Field Communication (NFC)
3.5. Regulatory landscape
3.5.1. EMV mandate
3.5.2. PCI DSS
3.5.3. Electronic Fund Transfer Act (EFTA)
3.5.4. European Payment Council (EPC)
3.5.5. Others
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Penetration of EMV cards in the U.S.
3.6.1.2. Surge in NFC/contactless payment in the UK
3.6.1.3. Stringent government regulations in Europe
3.6.1.4. Demonetization effect in India
3.6.1.5. Rising inclination towards online payments in China
3.6.1.6. Proliferation of RFID tagging in Japan
3.6.1.7. Infrastructure development in South America
3.6.1.8. Rising mobile POS terminal demand in Brazil
3.6.1.9. Flourishing retail industry vertical in the UAE
3.6.2. Industry pitfalls & challenges
3.6.2.1. Lack of reliable and advanced infrastructure
3.6.2.2. High security risks
3.9. Competitive landscape, 2017
3.9.1. Company market share analysis, by application
3.9.1.1. Restaurants
3.9.1.2. Entertainment
3.9.1.3. Retail
3.9.1.4. Hospitality
3.9.1.5. Healthcare
3.9.1.6. Warehouse/distribution

The retail sector is the most flourishing industry in the POS terminals market, which is experiencing a high adoption rate of devices. Several retail companies such as Walmart, Costco, Kroger, and Tesco are engaged in incorporating smart solutions in their outlets to attract customers and improve their shopping experiences. Moreover, the retail companies are modifying their traditional technologies and transforming their stores through automation, which is expected to propel the POS terminals market growth. The incorporation of the POS systems in several advanced machines such as self-checkout systems and smart-vending machines is the major factor driving the automated retail store concept.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/390

Biometrics is an advanced technology in the POS terminals market, which is projected to witness high adoption over the coming years. A rise in cybercrimes and concern for data theft will encourage industries to adopt biometric terminals for business operations. The U.S. reported that data breaches and cybercrimes in the country are growing rapidly year-by-year. Such factors are encouraging U.S. POS terminals market developers to integrate such modern technologies in their offerings to improve the safety of organizational data. Fingerprint scanning devices are the most widely accepted technology in the POS terminals market owing to ease in the authentication of customer details.

Windows-based devices are witnessing a high adoption in the POS terminals market due to the high compatibility and efficiency of this software platform for operating & managing hardware devices. Moreover, increased user-friendly features are allowing industries to install several applications & devices in their systems, which is a major factor for the high adoption rate of such operating systems. It allows companies to customize their systems based on business operations. Most manufacturers in the POS terminals market are offering Windows devices to provide user-friendly solutions to industries.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/point-of-sale-pos-terminals-market

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What’s Driving the POS Terminals Market Growth? | Key Companies are Ingenico Group, MICROS Systems Inc, NCR Corporation, NEC Corporation, Squirrel Systems, Toshiba, Verifone, Wincor Nixdorf, Touch Dynamic, Castles Technology Co., Ltd. here

News-ID: 1783313 • Views: 480

More Releases from Global Market Insights, Inc.

Synthetic Food Market 2020 Forecast 2026 | Prominent players - Aarkay Food Produ …
The global "Synthetic Food Market" report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The Synthetic Food market report also provides a detailed diagram of the innovations, production analysis, product specification, and product type, taking into consideration, factors such as costs, remuneration, and gross margins. About Synthetic Food The global Synthetic Food report provides a
Food Protein Ingredient Market 2020 Forecast 2026 | Top Players - DuPont Solae, …
The global "Food Protein Ingredient Market" report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The Food Protein Ingredient market report also provides a detailed diagram of the innovations, production analysis, product specification, and product type, taking into consideration, factors such as costs, remuneration, and gross margins. About Food Protein Ingredient The global Food Protein
Wheat Protein Market 2020 Forecast 2026 | Top Players - Archer Daniels Midland C …
The global "Wheat Protein Market" report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The Wheat Protein market report also provides a detailed diagram of the innovations, production analysis, product specification, and product type, taking into consideration, factors such as costs, remuneration, and gross margins. About Wheat Protein The global Wheat Protein report provides a
U.S. Energy Storage Market: 2020 Industry Outlook, Growth, Comprehensive Insight …
New report of U.S. Energy Storage Market Report communicates about the manufacturing process. The process is analyzed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs and the actual process. The U.S. Energy Storage Market research report is a resource, which provides technical and financial details of the U.S. Energy Storage Market (Volume and Value). The U.S. energy storage market has received a major boost

All 5 Releases


More Releases for POS

Cloud POS Market to 2027 - Square, Intuit, Oracle, Shopify,Toast, Vend, Accu POS …
The global Cloud POS market valued at US$ 4.95 Bn in 2018 and is expected to grow at a CAGR of 21.6% during the forecast period 2019 – 2027, and reach US$ 27.82 Bn in 2027. Key Benefits- - To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Cloud POS Market - To forecast the size of the market segments with
Restaurant POS Software Market is Booming Worldwide | eZee Technosys, Boxy POS, …
Global Restaurant POS Software Market Size, Status and Forecast 2018-2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing capital structure of the Global Restaurant POS Software Market. Some of the Key Player are Loyverse, eZee Technosys, Boxy POS,
POS Machines
Persistence Market Research has analyzed various facets of the POS machine market from a global standpoint and has skilfully presented them in its new research publication titled “POS Machine Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. The extensive POS machine market research report covers various trends, opportunities, drivers and restraints influencing the growth of the global POS machine market along with regional analysis, competitive scenario and forecasts. This analyses
Global Restaurant POS Software Market Size, Status and Forecast 2022 - Boxy POS, …
This report studies the global Restaurant POS Software market, analyzes and researches the Restaurant POS Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Loyverse eZee Technosys Boxy POS BIM POS Oracle Hospitality AccuPOS FoodZaps Technology Abacre Aldelo Amigo Point Of Sale Market segment by Application, Restaurant POS Software can be split into PC Terminal Mobile Terminal Get Free Sample copy of this report @ http://www.qyresearchreports.com/sample/sample.php?rep_id=1318989&type=E Table of
Restaurant POS Software Market 2017 - Abacre, Aldelo, Loyverse, Boxy POS, BIM PO …
Apex Research, recently published a detailed market research study focused on the "Restaurant POS Software Market" across the global, regional and country level. The report provides 360° analysis of "Restaurant POS Software Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Restaurant POS Software industry, and estimates the future trend of Restaurant
POS Software Market Share 2017 Realtime POS, Heartland Payment, Keystroke, Shopi …
POS Software Market Research Report A market study ” Global POS Software Market ” examines the performance of the POS Software market Share 2017. It encloses an in-depth Research of the POS Software market state and the competitive landscape globally. This report analyzes the potential of POS Software market in the present and the future prospects from various angles in detail. The Global POS Software Market 2017 report includes POS Software market