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Point-Of-Sale (POS) Terminal Market Size, Share | Industry Report 2024

09-18-2019 08:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ameri Research Inc.

Point-Of-Sale (POS) Terminal Market

Point-Of-Sale (POS) Terminal Market

Global POS Terminal Market was valued at $46.3 Billion in 2015 and is estimated to grow at a CAGR of over 11% from 2016 to 2024.

Escalating demand for EMV POS terminal on account of growing international regulations pertaining to guidance to the financial institutions to make payment cards EMV compliant is expected to be major factor driving growth in the global POS terminal market. Additionally, majority of the developing economies are increasingly migrating or upgrading their payment cards and POS terminals to be EMV compliant, which is also anticipated to fuel product demand significantly over the coming years.

Expanding application areas of POS terminals including retail, hospitality, commercial, institutional, education, and entertainment may elevate product adoption considerably over the next few years. Ease of use coupled with extensive use in payment techniques and current transaction owing to its improved techniques is another factor driving the POS terminal market growth over the forecast period.

Click the link below to view the report description:
www.ameriresearch.com/product/point-of-sale-pos-terminal-market/

Key findings from the study: -
• Global POS Terminal Market was valued at $46.3 Billion in 2015 and is estimated to grow at a CAGR of over 11% from 2016 to 2024.
• High installation cost of these terminals may hamper market growth over the coming years.
• Notable industry participants including IBM, NCR Corporation and HP account for not more than 30% of the overall market share in the global POS terminal market.

Ameri Research has segmented the Point-Of-Sale (POS) Terminal Market by material categories, product type, end-use and region:

Browse Full Report @ www.ameriresearch.com/product/point-of-sale-pos-terminal-market/

Contact Us:
Ameri Research Inc.
6816 Muncaster Ct,
Tampa, FL 33625
United States.
Tel: 1-813-666-0858
Email: Inquiry@ameriresearch.com
Web: www.ameriresearch.com

About Us:
Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-

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Developing a culture of collaboration and curiosity, we attract the highest caliber of likeminded people having ability to influence and shape the future.

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