Point of Sale (POS) Terminal Market 2021 Comprehensive Insights - Ingenico, Verifone, Toshiba Tech Corp, PAX Global

The Point of Sale (POS) Terminal Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Point of Sale (POS) Terminal market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Point of Sale (POS) Terminal market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Point of Sale (POS) Terminal market.

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Top Leading Companies of Point of Sale (POS) Terminal Market are - Ingenico, Verifone, Toshiba Tech Corp, PAX Global and others.

Executive Summary:

The POS terminals market can be segmented according to the components, into hardware POS terminals and software POS terminals. The POS terminal market can also be segmented according to the product type, into fixed POS terminals and wireless/mobile POS terminals. The POS Terminal market could also be segmented on the basis of technology into NFC enabled POS terminals and non-NFC enabled POS terminals.

The global POS terminal market has increased at a significant CAGR during the years 2015-2019 and projections are made that the market would rise in the next four years i.e. 2020-2024 tremendously. The POS terminal market is expected to increase due to rising e-commerce sales, growing adoption of smartphones, technological upgradation, rising number of electronic payment transactions, adoption of cloud technology etc. Yet the market faces some challenges such as, non compliance to PCI, low POS terminal penetration rate in ASEAN countries, and selection of wrong POS.

Covid-19 pandemic is an irritant for the growth of the revenues of POS terminal market in 2020. This is due to the fact that major users of these terminals such as supermarkets, hotels, spas etc. have been closed down due to lockdowns imposed in various countries across the globe. Many retailers have been cash stripped and as such are not in position to invest greatly into POS technologies in the current scenario. However, the demand for POS terminal would showcase recovery backed by reopening of the above-mentioned places as a part of economy revival measures. Further, as the impact of Covid-19 subsides, mobile POS adoption is expected to intensify owing to less physical contact and better queue management compared to traditional counterpart.

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The Latest Industry Data Included in this Report:
- Point of Sale (POS) Terminal Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Point of Sale (POS) Terminal Market (%),2016 - 2026
- Point of Sale (POS) Terminal Market Share, By Brand
- Point of Sale (POS) Terminal Market Share, By Company
- Point of Sale (POS) Terminal Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Point of Sale (POS) Terminal Market Value Analysis & Forecast
- Promising Point of Sale (POS) Terminal Development by Major Companies
- Detailed Point of Sale (POS) Terminal Portfolio of the Major Companies
- Major Deals in the Point of Sale (POS) Terminal Market
- Major Companies Analysis

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