Point of Sale Terminals Market Growth, Share, Size, Trends, and Forecast (2022 - 2027)

Point of Sale Terminals Market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Market share and Market size prominent players for 2022 to 2027 are profiled in this report.

Point of Sale Terminals Market is envisaged to record an expansion at the CAGR of 21% over the forecast period, 2022 - 2028

Competitive Landscape:

 Seiko Epson Corp,  Samsung Electronics Co. Ltd.,  Panasonic Corporation,  Ingenico SA,  Micros Retail Systems Inc. (Oracle) ?,  Hewlett Packard Enterprise,  Honeywell International Inc,  NEC Corporation,  PAX Technology and Others

Industry News:

- 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.

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Scope of the Report

- POS terminal systems evolved from being transaction-oriented terminals/devices to systems that can integrate with the company's CRM and other financial solutions. This evolution, thus, empowered the end-users with business intelligence to better manage their revenue streams and inventory. With the functional benefits that the advanced POS systems offer, companies have replaced their traditional billing software with POS systems, thus, securing the growth of the POS system market.?

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.?

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North America to Dominate the Point of Sale Terminals Market

- North America is expected to witness significant growth for the POS terminal market. The substantial growth in the POS market in the region can be primarily attributed to the adoption of POS terminals across various industries, particularly retail, entertainment, and healthcare.?The United States is a major segment in the North American POS terminal market. For several years, various types of POS terminals have been used in outlets in the country, thus boosting the need for replacement with updated technologies.

Highlights about Point of Sale Terminals Market report coverage:

- A complete background analysis, which includes an assessment of the Global Point of Sale Terminals Market.

- Important changes in Point of Sale Terminals Market dynamics

- Point of Sale Terminals Market segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the Point of Sale Terminals Market with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent Point of Sale Terminals Market industry developments

- Point of Sale Terminals Market shares and strategies of key players

- Emerging niche Point of Sale Terminals Market segments and regional markets

- An objective assessment of the trajectory of the Point of Sale Terminals Market .

- Recommendations to companies for strengthening their foothold in the Point of Sale Terminals Market .

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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