Handheld Point of Sale Devices Markets Reach $3.1 Billion By 2018
Worldwide markets are poised to achieve significant growth. Handheld computer POS terminals represent a quantum shift in point of sale devices by making a range of POS functions portable.
Handheld Point of Sale (POS) devices are more versatile than existing standard PC based point of sale systems, providing greater range of functions and providing for wireless connectivity to the network. Both WiFi 802.1x fixed wireless and 4G / 3G wireless data solutions are supported by the handheld POS systems permitting seamless transport of information to enterprise systems. Transport of information does depend on middleware integration software.
The segments addressed by handheld POS point of sale devices relate to extension of and replacement of standard cash register POS retail terminals, integrated direct inventory POS applications, portable combined remote / on site POS solutions, and mobile indoor payment POS solutions. Products go beyond simple retail sale processing. Products help retailers control inventory flow, combine in-store and back office solutions to enhance productivity, and track customer purchasing patterns for pinpoint marketing. Industry-specific solutions are provided across retail segments. Customer-facing technology is positioned to increase customer loyalty, retention, and sales.
The companies that have measurable shares in handheld point of sale device markets are being challenged by dozens of Chinese companies that make lightweight, inexpensive, very portable handheld point of sale (POS) devices. There is a significant other portion of market share that is at the low end of the market. Handheld point of sale device low end products come from multiple companies in China that collectively garner a significant market position.
Markets grow because systems leverage customer loyalty programs to increase sales. Incentive pricing, coupon management, repeat business, customer service and managed transaction systems all can be implemented in an efficient manner using the handheld terminal computers. Both the scanner and the handheld terminal have separate computing capability to create efficient systems.
Handheld points of sale computer unit market shipments at $1.1 billion in 2011 are anticipated to reach $3.1 billion by 2018. Markets will grow as the retail and inventory process is made significantly more efficient by portable terminal function set including wireless transport and capability. E-commerce initiatives are enabled.
Implementation depends on groups of people defining goals together to achieve a common goal. That goal is sometimes elusive. The retail and inventory process is made significantly more efficient by portable terminal function set including wireless transport and capability. E-commerce initiatives are enabled.
According to the lead author of the study, the purchase of handheld point of sale (POS) is driven by the need for modernization of restaurants, retail, healthcare, and supply chain. The handheld POS devices support flexibility and analytics implementation permitting more informed conduct of the business. The use of handheld point of sale (POS) devices is based on providing a way to automate process. That automation of process and modernization has appeal to those who run the businesses, track inventory, and serve customers.
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' website. View the report: http://www.electronics.ca/publications/products/Handheld-Point-of-Sale-%28POS%29-Device-Market-Shares%2C-Strategies-and-Worldwide-Forecasts-2012%252d2018.html
Electronics.ca Publications is a world-class research network and publishing company whose focus is technology and market research for the electronics industry. Our network spans dozens of areas of electronics expertise, and taps the knowledge of researchers and analysts internationally. We deliver critical information on the semiconductor, advanced materials, nanotechnology, electronics manufacturing, wireless technology and converging markets.
3551 St-Charles Blvd., Suite 558
H9H 3C4 Canada
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Handheld Point of Sale Devices Markets Reach $3.1 Billion By 2018 here
News-ID: 212886 • Views: 1467
More Releases from Electronics.ca Publications
Robotic Market To Reach Reach $171.7 Billion By 2020
ELECTRONICS.CA PUBLICATIONS announces the availability of a new study "Robotics Market Shares, Strategy, and Forecasts, Worldwide, 2014 to 2020?. The 2014 study has 1191 pages, 607 tables and figures. Worldwide robotics markets are increasingly diversified, poised to achieve significant growth as every industry segment adopts mobile automated process new companies get more businesses test for substance abuse. The robots are taking over, they have remote control to control a device
Home Security Solutions Market Worth $34.46 Billion by 2017
MONTREAL, June 14, 2012 ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Home Security Solutions Market - Global Forecast and Analysis 2012 -2017". Security, as such, is becoming a huge market worldwide; mainly due to the rising crime rates in different parts of the world. As a result, the electronic security equipments are expected to find potential opportunities in this market.
HUD Market Size Estimated to Reach $2.91 Billion by 2017
MONTREAL, June 6, 2012 ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Head-Up Display (HUD) Market 2012-2017 Global Forecast and Analysis By Technologies, Components and Applications". The Head-up display market report categorizes the global HUD market on the basis of them being used in various components, technology, applications, geographical analysis; forecasting revenue and analyzing trends in the market. The global head-up display
Global Quantum Dots (QD) Market worth of $7480.25 Million by 2022
MONTREAL, May 21, 2012 ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the release of a comprehensive global report on Quantum Dots market. According to the report titled, "Quantum Dots (QD) Market - Global Forecast & Analysis 2012 - 2022" the total market for Quantum dots is expected to reach $7480.25 million by 2022, at a CAGR of 55.2% from 2012 to 2022. Quantum Dots (QD) is
More Releases for POS
User-Friendly Odoo POS Solutions
Odoo Point of Sale is everything your shop needs, from smart interface to real-time inventory control and accurate forecasts. Nevertheless, Odoo POS lets you stay operational even if you are not connected to internet. Odoo POS for Shops: POS software for a shop is compatible with other Odoo apps such as eCommerce, inventory, sales, and marketing to let you manage operations and be a genuinely multi-channel platform. POS Session and
POS Software Market is Booming Worldwide with Realtime POS, Alexandria Computers …
Advance Market Analytics released the research report of Global POS Software Market, offers a detailed overview of the factors influencing the global business scope. POS Software Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the POS Software. This Report covers the emerging player's data, including: competitive
Cloud POS Market to 2027 - Square, Intuit, Oracle, Shopify,Toast, Vend, Accu POS …
The global Cloud POS market valued at US$ 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
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