Retail Point-of-Sale (POS) Terminals Market Size and Share Analysis is projected to reach USD 214.03 Billion By 2032

𝐑𝐞𝐭𝐚𝐢𝐥 𝐏𝐎𝐒 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

The capability of point-of-sale (POS) terminals to improve the overall efficiency of retail stores is one of the major factors driving the adoption of retail POS terminals. By component analysis, the software segment is anticipated to witness substantial growth. By regional analysis, North America accounted for the largest industry share.

𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐬:

• The global retail POS terminals market size was valued at USD 103.91 billion in 2023 and is anticipated to grow to USD 214.03 billion by 2032.
• The industry is anticipated to exhibit a CAGR of 8.4% during the forecast period from 2024 to 2032.
• The market segmentation is primarily based on product type, components, deployment, end-user, and region.
• The major regions covered in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/retail-pos-terminals-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

A point-of-sale (POS) terminal is a device used to process transactions of retail customers. It helps retailers process card payments, print bills, manage inventory, and implement loyalty programs. Also, POS terminals enable retailers to store, capture, share, and report data about sales transactions. POS systems are increasingly interactive and enable consumers to place orders and pay bills electronically. Furthermore, modern point-of-sale terminals can be tailored to meet the specific needs of retailers. The various benefits associated with POS terminals include better inventory management and enhanced security. Also, these terminals reduce overall costs and provide 24/7 access to data.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The retail POS terminals market key players offer a wide range of products and services to drive business growth and increase revenue share. Some of the top players offering POS systems include:
• Panasonic Corporation
• Ingenico Group
• NEC Corporation
• Micros Systems Inc.
• Hewlett-Packard Inc.
• Cisco Systems Inc.
• Epicor Software Corporation
• PAX Technology Ltd
• VeriFone Systems Inc.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/12/2

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

• The increased demand for digital payments, along with rising government support to promote cashless transactions through debit and credit cards, are the major factors driving the growth of the industry.
• The rising need for SaaS and cloud-based solutions and the growing trend of self-checkout kiosks are anticipated to support the expansion of the retail POS terminals market over the estimated period.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐄-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬:

• Unified commerce systems that integrate in-store POS with e-commerce platforms provide a seamless shopping experience and streamline operations.
AI and Analytics:

• Leveraging AI for predictive analytics helps retailers understand consumer behavior, optimize inventory, and enhance customer engagement.

𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞:

• Innovations like self-service kiosks and mobile checkout solutions improve customer convenience and reduce wait times.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐓𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐡𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/retail-pos-terminals-market

𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐑𝐞𝐭𝐚𝐢𝐥 𝐏𝐨𝐢𝐧𝐭-𝐨𝐟-𝐒𝐚𝐥𝐞 (𝐏𝐎𝐒) 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞, 𝐃𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭, 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐄𝐧𝐝-𝐔𝐬𝐞𝐫

By Product Type
• Fixed POS Terminals
• Mobile POS Terminals

By Deployment
• On-Premise
• Cloud-Based

By Components
• Hardware
• Software

By End-User
• Supermarkets and Hypermarkets
• Grocery and Departmental Stores
• Specialty Stores

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Point-of-Sale (POS) Terminals Market: https://www.polarismarketresearch.com/industry-analysis/point-of-sale-terminals-market

Restaurant Point-of-Sale (POS) Terminals Market: https://www.polarismarketresearch.com/industry-analysis/restaurant-pos-terminals-market

Mobile Point-of-Sale (mPOS) Terminals Market: https://www.polarismarketresearch.com/industry-analysis/mobile-pos-terminals-market
Smart Glass Market: https://www.polarismarketresearch.com/industry-analysis/smart-glass-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.