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POS Terminal Market Expected to Grow at a Steady CAGR by 2022 - Scalar Market Research

08-09-2017 10:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Scalar Market Research

POS Terminal Market Expected to Grow at a Steady CAGR by 2022 -

Point-of-Sale (POS) terminal is gaining popularity globally due to its ease of use and improved return of investment feature. As compared to the traditional systems, advanced POS offers more durability and reliability. Due to higher reliability, the overall cost of ownership is reduced, which is contributing towards the market growth in small and medium sized enterprises. POS offers several advantages such as fast billing process, efficient customer database maintenance, inventory management, customer loyalty program management and improving customer experience by offering special discounts. This report studies the current and future aspects of the POS terminal market.

The report on the global POS terminal market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

Download Free Sample: https://www.scalarmarketresearch.com/request-sample.php?id=1073

The POS terminal market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor of the POS terminal market. The region holds dominance because of extensive use of POS terminal across diverse industries including retail and entertainment. POS terminal is also used among small retailers and restaurants contributing towards the market growth in this region. In addition, for enhanced security payments, North America region has specific regulations regarding the usage of Europay, MasterCard, and Visa (EMV), which is paving way towards the growth of POS terminal market.

MARKET SEGMENTATION

This report analyzes the POS terminal market by the following segments:

POS Terminals Market, by Product Type

1. Fixed POS Terminals
2. Wireless and Mobile POS Terminals

POS Terminals Market, by Component

1. Hardware
2. Software

POS Terminals Market, by Application

1. Restaurant
2. Hospitality
3. Healthcare
4. Retail
5. Warehouse / Distribution
6. Entertainment
7. Others

Browse Report: https://www.scalarmarketresearch.com/market-reports/pos-terminal-market

About Scalar Market Research

Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
Find out more about our services at: www.scalarmarketresearch.com

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