Press release
Retail Point-of-Sale (POS) Terminals Market Size and Share Analysis is projected to reach USD 214.03 Billion By 2032
๐๐๐ญ๐๐ข๐ฅ ๐๐๐ ๐๐๐ซ๐ฆ๐ข๐ง๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญThe 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.
๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ฌ:
โข 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.
โข The industry is anticipated to exhibit a CAGR of 8.4% during the forecast period from 2024 to 2032.
โข The market segmentation is primarily based on product type, components, deployment, end-user, and region.
โข The major regions covered in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/retail-pos-terminals-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
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.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
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:
โข Panasonic Corporation
โข Ingenico Group
โข NEC Corporation
โข Micros Systems Inc.
โข Hewlett-Packard Inc.
โข Cisco Systems Inc.
โข Epicor Software Corporation
โข PAX Technology Ltd
โข VeriFone Systems Inc.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/12/2
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
โข 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.
โข 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.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐ข๐จ๐ง ๐ฐ๐ข๐ญ๐ก ๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ ๐๐ฅ๐๐ญ๐๐จ๐ซ๐ฆ๐ฌ:
โข Unified commerce systems that integrate in-store POS with e-commerce platforms provide a seamless shopping experience and streamline operations.
AI and Analytics:
โข Leveraging AI for predictive analytics helps retailers understand consumer behavior, optimize inventory, and enhance customer engagement.
๐๐ง๐ก๐๐ง๐๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐:
โข Innovations like self-service kiosks and mobile checkout solutions improve customer convenience and reduce wait times.
๐๐๐๐๐ฌ๐ฌ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐ก๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/retail-pos-terminals-market
๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ข๐ฅ ๐๐จ๐ข๐ง๐ญ-๐จ๐-๐๐๐ฅ๐ (๐๐๐) ๐๐๐ซ๐ฆ๐ข๐ง๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐, ๐๐๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐๐ง๐ญ, ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ๐ฌ, ๐๐ง๐ ๐๐ง๐-๐๐ฌ๐๐ซ
By Product Type
โข Fixed POS Terminals
โข Mobile POS Terminals
By Deployment
โข On-Premise
โข Cloud-Based
By Components
โข Hardware
โข Software
By End-User
โข Supermarkets and Hypermarkets
โข Grocery and Departmental Stores
โข Specialty Stores
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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.
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