Point of Sale (POS) Terminals Market 2020 In-Depth Analysis Of Industry Share, Size, Growth Outlook Up To 2027 | PAX Technology Limited, Cisco Systems Inc., Toshiba, Panasonic

The research report by The Insight Partners, titled, “Point of Sale (POS) Terminals Market”, offers a comprehensive analysis of key growth drivers, key segments, development strategies, market opportunities, and competitive landscape. This study offers detailed insights for market players, investors, stakeholders, and new entrants to understand the industry dynamics and determine strategic steps to gain a competitive advantage.

The point of sale (POS) is where the transaction is completed, and the time of making the payment by the customer to the merchant for the goods purchased or the service taken. At this point, the merchant prepares an invoice or calculates the amount to be paid by the customer and give options to make payment. After the payment is received, a receipt for the transaction is issued by the merchant. POS terminals includes broad application range such as inventory management, printing bills, loyalty programs, and payments. As a result of the enhanced return on investment (ROI) offered by POS systems the market for POS terminals has picked up rapid adoption in the recent years.

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The final report will add the analysis of the Impact of Covid-19 in this report Point of Sale (POS) Terminals Market.

In comparison to the traditional system, the enhanced POS systems provides higher durability and reliability which leads to decrease in the cost of ownership thus, increasing the demand for POS solutions in both medium and small sized businesses. The emergence of mobile POS (mPOS) terminals has challenged the ongoing payment and transaction techniques due to its enhanced features such as better user experience and mobility.

With the use of mPOS, the financial transactions can be conducted at the customer place, which in turn improves customer experience. Moreover, the initial cost of mPOS is low as compared to traditional fixed POS systems creating a demand in medium and small sized businesses. Retail and hospitality sector are experiencing rapid progress in demand for mPOS solutions due to enhanced ROI and augmented demand for customer analytics features.

Top Key Players:-
- Panasonic Corporation
- Ingenico S.A.
- MICROS Systems Inc.
- VeriFone Systems Inc.
- NEC Corporation
- Hewlett-Packard Development Company LP
- PAX Technology Limited
- Cisco Systems Inc.
- Toshiba Corporation
- Samsung Electronics Co. Ltd

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Point of Sale (POS) Terminals Market.

The global market for POS terminals is segmented on the basis of type into wireless, mobile POS and fixed POS. Further, on the basis of components the global POS terminals market is segmented into POS software, POS hardware and POS services. In addition, global POS terminals market can be bisected on the application basis into retail, entertainment, government, warehouse/distribution, hospitality, restaurants, transportation and others. The global POS terminals market is bifurcated on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa.

This report focuses on the global Point of Sale (POS) Terminals market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the Point of Sale (POS) Terminals market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.

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Reason to Buy

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Point of Sale (POS) Terminals Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends Point of Sale (POS) Terminals Market, thereby allowing players to develop effective long term strategies.

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

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