Press release
Point-of-Sale Terminals Market Share, Trends, Analysis And Growth Factors Report 2033
Point-of-Sale Terminals Market
The point-of-sale terminals market size is expected to see strong growth in the next few years. It will grow to $149.36 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to rapid digital transformation, contactless payment adoption, mobile pos solutions, e-commerce integration.. Major trends in the forecast period include contactless payment solutions, omnichannel integration, mobile pos (mpos) systems, enhanced security measures, cloud-based pos solutions, technological advancements.
Market Overview -
A point-of-sale terminal is a type of computerized replacement for a cash register that requires a card PIN to enter to complete the transaction and thus processes debit and credit cards. It is a secure method of payment as it eliminates the user errors that can occur during a transaction. Point-of-sale terminal is used to accept payment and keep track of sales.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=7286&type=smp
Contactless And Cashless Payments Drive Point-Of-Sale Terminal Market Growth
The increasing demand for contactless and cashless payments is expected to propel the growth of the point-of-sale terminal market going forward. Cashless and contactless payments refer to a payment method that does not involve cash for payment, which is a type of computerized replacement for a cash register. Point of sale terminals accept payments through cards and make cashless purchases possible. For instance, in June 2022, according to India Brand Equity Foundation, an Indian government export promotion agency, contactless transactions accounted for 25% in the year 2020, of all supermarket transactions, which increased to 31% by 2022. Therefore, increasing demand for contactless and cashless payments is driving the point-of-sale terminal market growth.
Competitive Landscape -
Major companies operating in the point-of-sale terminals market report are Samsung Electronics Co. Ltd., NEC Corporation, Panasonic Corporation, Toshiba Corporation, Hewlett-Packard Development Company L. P., VeriFone Systems Inc., Qashier PTE Ltd., Newland Payment Technology, GK Software SE, PAX Technology Limited, Casio Computer Co. Ltd., iMetrics Pte Ltd, Acrelec Group SAS, AURES Technologies SA, HM Electronics Inc., NCR Corporation, Oracle Corporation, Presto Group LLC, Qu Inc., Quail Digital Limited, Revel Systems Inc., Toast Inc., TouchBistro Inc., Xenial Inc., Aireus Inc., Dinerware Inc., Posist Technologies Private Limited, Ingenico Group S. A., BBPOS Limited, Honeywell International Inc.
Innovative Technological Advancements Transform The Point-Of-Sale Terminal Market
Technological advancement is a key trend gaining popularity in the point-of-sale terminal market. Major companies operating in the point-of-sale terminal market are introducing various technological innovations to sustain their position in the point-of-sale terminal market. For instance, in September 2021, PAX Global Technology, a Chinese manufacturer of payment terminals, PIN pads, and point of sale hardware and software, launched android payphones in Amsterdam. These payphones are smartphones with unique features such as the built-in point-of-sale technology and are innovative alternatives for acquiring banks and payment services.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/point-of-sale-terminals-global-market-report
Key Segments -
The point-of-sale terminals market covered in this report is segmented -
1) By Product: Mobile, Fixed
2) By Component: Hardware, Software, Service
3) By Technology: Biometric, Traditional
4) By Operating System: Windows, Linux, MAC
5) By Application : Restaurants, Hospitality, Healthcare, Retail, Warehouse, Entertainment, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Point-of-Sale Terminals Market Share, Trends, Analysis And Growth Factors Report 2033 here
News-ID: 3490103 • Views: …
More Releases from The Business research company
Hydrofluoric Acid Market to Hit $1.87 Billion by 2028 with a CAGR of 5.7%, Drive …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Hydrofluoric Acid Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $1.87 billion In 2028 At…
Green Building Materials Market to Reach $490.8 Billion by 2028 at 9.7% CAGR, Dr …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Green Building Materials Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $490.8 billion In 2028…
Feldspar Market to Hit $8.46 Billion by 2028 at 10.9% CAGR, Driven by Automotive …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Feldspar Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $8.46 billion In 2028 At A…
Electric Ships Market to Reach $13.63 Billion by 2028 at 11.0% CAGR, Driven by H …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Electric Ships Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $13.63 billion In 2028 At…
More Releases for Point
Learners Point Training Institute Announces to Rebrand into "Learners Point Acad …
Dubai, June. 11, 2022 - After successful years of inspiring and guiding individuals and businesses to upskill and reskill in numerous verticals, Learners Point Training Institute has announced to rebrand its corporate name into "Learners Point Academy". In addition to the name change, this 20-year-old training institute in Dubai has also released a new logo for better brand repositioning purposes. The new name and logo truly reflect the unflinching promises…
Point-to-point Microwave Antenna Market Size, Share, Development by 2026
Market Research Report Store offers a latest published report on Point-to-point Microwave Antenna Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This intelligence Point-to-point Microwave Antenna Market report by Market Research Report Store includes investigations based on the current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end user have…
Seatbelt Retractors Market Report 2018: Segmentation by Type (Belt-In-Seat, Six- …
Global Seatbelt Retractors market research report provides company profile for Takata, Joyson Safety Systems, Robert Bosch, Denso, Continental, Tokai Rika, Autoliv, Hyundai Mobis, TRW Automotive, Toyoda Gosei and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…
Active Seatbelt Market Report 2018: Segmentation by Type (Belt-In-Seat, Six-Poin …
Global Active Seatbelt market research report provides company profile for Special Devices, Far Europe, HYUNDAI MOBIS, ITW Safety, Iron Force Industrial, Autoliv, Tokai Rika, Bosch, Takata Corporation, DENSO and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018…
United Thinkers Strengthens UniPay Gateway Security with Point-to-point Encrypti …
United Thinkers adds new point-to-point encryption logic to its terminal application, part of UniPay Gateway product
New York, NY – (March 19, 2018): United Thinkers, a New-York based commercial open-source Payment Management Software provider extended the existing payment security and fraud prevention logic implemented in its terminal application with built-in point-to-point encryption solution. The already existing payment security logic that supports processor-specific point-to-point encryption is now strengthened with UniPay’s native logic,…
4ipnet releases 400Mbps Point-to-Point Wireless Bridge Kit
TAIPEI, TAIWAN – September 12th, 2012 - 4ipnet, Inc., a leading wireless networking device provider for manageable, reliable, and secure wireless access, announced the release of OWL600RL, Outdoor Point-to-Point Wireless Bridge.
The new Outdoor Kit from 4ipnet replaces high costs wired or wireless system equipment by offering a profitable ROI (Return On Investment) opportunity. The OWL600RL throughput up to 400Mbps in 2.5km of separation range using both the 2.4GHz or…
