Point of Sale Terminals Market 2021 Strategic Assessments - Seiko Epson Corp., Samsung Electronics Co. Ltd., Ingenico SA, VeriFone System Inc
The point of sale terminal market is expected to register a CAGR of 20% during the forecast period of 2020 to 2025.
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Top Leading Companies of Point of Sale Terminals Market are Seiko Epson Corp., Samsung Electronics Co. Ltd., Ingenico SA, VeriFone System Inc., Micros Retail Systems Inc. (Oracle), Hewlett Packard Enterprise, Panasonic Corporation, Honeywell International Inc., NEC Corporation, PAX Technology, Casio Computer Co. Ltd, NCR Corporation, Newland Payment Technology, NEXGO (Shenzhen Xinguodu Technology Co.,Ltd), Toshiba Global Commerce Solutions, Fujitsu Ltd., Dell Corporation, Diebold Nixdorf, Software Vendors, NCR Corporation, Cow Hills Retail BV, Ctac NV, Agilysys Inc. and others.
Industry News and Updates
- November 2019 - NCR Corporation announced the acquisition of POS Solutions, the leading point-of-sale and restaurant solutions provider in central Texas. Bringing POS Solutions into the NCR family aligns with its strategy to increase ita capabilities to deliver its solutions and serve its customers in thriving local restaurant markets, like Austin.
Key Market Trends
Fixed Point of Sale to Drive the Growth of Market
- The fixed point of sale (POS) system is considered as the best choice for many merchants for their business operations. Consequently, there are many advantages of choosing an Android-based Fixed point of sale POS hardware.
- Zebra Technologies offer a fixed point of sale solutions to keep transactions fast and accurate, and lanes are flowing smoothly with scanners that help cashiers to scan items of all sizes that can read barcodes in nearly any condition.
- Fixed POS solutions are used as they give any business the benefit of a more robust management solution, including inventory management, robust business functionality, a cash drawer, employee time clocks, and the capability to manage loyalty programs and gift cards. Moreover, this traditional form of technology has been around for decades and has been the most recognized and accepted way in the past to process cash payments, check, and credit/debit cards.
- 95% of brick-and-mortar stores process payments that take place with fixed POS solutions, and mobile POS solutions considered as enhancements, and not a replacement, for the traditional POS. Moreover, businesses would excel better with fixed POS solutions than mobile, as they offer robust features and are more familiar to the average employee.
Regional Outlook of Point of Sale Terminals Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Point of Sale Terminals Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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