Press release
Point of Sale (POS) Terminals Market 2020 by Product, Component, Deployment, Application & Region - Forecast to 2025 | Ingenico Group, VeriFone Systems Inc, PAX Technology, Shenzhen Zhengtong Electronics Co Ltd, Fujian Newland Computer Co, Nexgo Inc.,Cybe
Point Of Sale (POS) Terminals Market Size Is Forecast To Fly Past The USD 28 Billion Mark By 2025
Growing digitization in financial sector and inclination towards digital transactions which is rampant globally, also across emerging economies in APAC regions reinforce fast track adoption of point of sale (PoS) terminals across end-user verticals such as hospitality, healthcare, tourism and hospitality sectors. Additionally, recent boom in the online shopping and e-commerce sector also extends opportunities in digital payment and global point of sale (PoS) terminals market, according to a research report by Adroit Market Research. New features such as smart card compatibility, QR code, loyalty cards, as well as UPI and mobile wallets besides QR codes generation further boost growth in global PoS (Point of Sale) terminals market.
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Fintech is one of the first industries pioneering adoption point of sale (PoS) terminals for safe and secure transactions. Emerging economies are traversing the extra mile to integrate high end PoS terminals. End Use industries such as retail, healthcare, automobile industries are likely to become frontline adopters of PoS terminals deployed across fintech platforms.
To cite an instance of significance, India based fintech firm Pine Labs has affirmed its forthcoming investments in deploying additional Android based PoS terminals, amounting the total number to over 1 lakh. The development is expected to benefit large number of SMEs and large enterprises who are resorting to PoS terminals as preferred transaction medium to enable hassle free bill generation as well as supplychain and inventory management.
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APAC countries are rather witnessing multi-layered growth and advances in point of sale (PoS) terminals market with companies terminals market entering into novel commercial agreements. Fingerprint sensor technology behemoth, NEXT Biometrics has recently undersigned an agreement with Fujiyan Newland Payment Technology for advances in PoS. The agreement will enable integration of NEXT's high tech sensor technology in Newland's PoS terminals for maximum returns. The development is likely to incur new opportunities, enabling growth in global PoS (point of sale) terminals market in the forthcoming years.
By type, PoS terminals market is classified into type, component, technology and industry. By type point of sale terminals market is fragmented into counter-top, smart POS, M-POS and integrated POS. Based on components, the market is further classified into hardware and software. On the basis of technology PoS terminals market is split into wireless and fixed. A rundown on industry diversification is also housed in the report that identifies entertainment, retail, hospitality, healthcare, and transportation amongst others as chief industry segments.
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IN its subsequent sections, this elaborate research report on global PoS terminals market is also rendering substantial cues on regional scope that fragments Europe, North America, APAC, MEA, and Central and South America as major regional hubs. A section on competition spectrum is also tagged in the concluding sections of this report on global PoS terminals market based on which PAX Technology, Nexgo Inc., Panasonic Corporation, New POS Technology Limited, and Toshiba are benchmarked as major players in global point of sale (PoS) terminals market.
The competitive landscape of the global point of sale terminal market is fragmented with a large number of players with global and regional presence. The key players covered in the point of sale terminal market analysis includes Ingenico Group, VeriFone Systems Inc, PAX Technology, Shenzhen Zhengtong Electronics Co Ltd, Fujian Newland Computer Co, Nexgo Inc.,Cybernet Manufacturing, Inc., New POS Technology Limited, Panasonic Corporation, Toshiba.
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Key segment of the point of sale market terminal
POS type overview, 2013-2025 (USD million)
Counter-top
Smart POS
M-POS
Integrated POS
Components overview, 2013-2025 (USD million)
Hardware
Software
Technology overview, 2013-2025 USD million)
Fixed
Wireless
Industry overview, 2013-2025 (USD million)
Retail
Entertainment
Hospitality
Healthcare
Transportation
Others
Regional overview, 2013-2025 (USD million)
North America
US
Canada
Europe
UK
France
Germany
Rest of Europe
Asia-Pacific
China
India
Australia
Rest of APAC
Central and South America
Brazil
Mexico
Rest of Central of South America
Middle east and Africa
South Africa
UAE
Saudi Arabia
Rest of Middle East and Africa
and Africa
Some Major Points from TOC:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Point of Sale Market Overview, By Type
Chapter 5. Point of Sale Market Overview, By component
Chapter 6. Point of Sale Market Overview, By Technology
Chapter 7. Point of Sale Market Overview, By Industry
Chapter 8. point of Sale Market Overview, By Region
Chapter 9. Industry Structure
Chapter 10. Company Profiles
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 972-362 -8199/ +91 9665341414
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