Global Point of Sale (POS) Terminals Market Insights, Top Companies Facts - Reuters

 

Global Point of Sale (POS) Terminals Market Insights, Top Companies Facts

Global Point of Sale (POS) Terminals Market Insights, Top Companies Facts & Figures, Regional & Growth Opportunity 2025

Wed Jan 9, 2019 - 16:00pm UTC

Global Point of Sale (POS) Terminals Market Size was USD 8.44 billion in 2017 is projected to be worth USD 28.27 billion by 2025. The smart POS terminals market is expected to grow at the CAGR of 17.1% in the forecast period of 2018-2025.

Dallas, United States – January 9, 2019

The Global Point of Sale (POS) terminals market size is projected to be worth USD 28.27 billion by 2025 owing to increase in debit/credit card transactions worldwide and diminishing cash payments. Apart from higher costs, retailers are looking forward to reduce cash payments due to security reasons as well. Also, improvement of economic conditions and growing tech-savvy population have contributed to the growth of cashless payments systems such as the Point of Sale (POS) terminals market. Spread of technology across various countries is seen over in recent years and have boosted the adoption of cashless payments which provide more convenience as compared to cash transactions. For instance, mobile POS terminals market has seen significant growth, wherein a card acceptance device can be connected to a smartphone or a tablet to perform the same function as a traditional wired POS device. Also, such IP-based terminals that connect to the internet open the doors for data analytics, inventory management, risk management and customer relationship management.

Download Sample Copy Of This Report: https://www.adroitmarketresearch.com/contacts/request-sample/354

The global point of sale (POS) terminals market size is projected to be worth USD 28.27 billion by 2025 owing to increase in debit/credit card transactions worldwide and diminishing cash payments. Apart from higher costs, retailers are looking forward to reduce cash payments due to security reasons as well. Also, improvement of economic conditions and growing tech-savvy population have contributed to the growth of cashless payments systems such as the Point of Sale (POS) terminals market. Spread of technology across various countries is seen over in recent years and have boosted the adoption of cashless payments which provide more convenience as compared to cash transactions. For instance, mobile POS terminals market has seen significant growth, wherein a card acceptance device can be connected to a smartphone or a tablet to perform the same function as a traditional wired POS device. Also, such IP-based terminals that connect to the internet open the doors for data analytics, inventory management, risk management and customer relationship management.

Among different countries worldwide, China had the highest POS terminal market share in 2017 and is expected to grow further during the forecast period. Among other Asia-Pacific countries, India has a promising potential for POS terminals market, which is estimated to grow with a CAGR of 18.3% in the forecasted period and is driven by growing economies of scale and government initiatives for going cashless. US on the other hand, has the dominance in the North American POS terminals market driven by latest POS technologies such as mPOS and integrated POS systems.

The competitive landscape of the global point of sale (POS) market includes presence of players serving to local markets as well as to international markets. Companies such as Ingenico, Verifone, Pax Technology, SZZT, Nexgo, Toshiba and Square have broader presence within the global market.

Else place an Inquire before Purchase “global point of sale (POS) market Size, Status and Forecast 2025:
https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/354

Key segments of the global point of sale (POS) market

POS Type Overview, 2013-2025 (USD million)
Countertop
Smart POS
M-POS
Integrated POS

Components Overview, 2013-2025 (USD million)
Hardware
Software

Technology Overview, 2013-2025 (USD million)
Fixed
Wireless

Industry Overview, 2013-2025 (USD million)
Retail
Entertainment
Healthcare
Hospitality
Transportation
Others
Regional Overview, 2013-2025 (USD million)

North America
US
Canada
Europe
UK
France
Germany
Rest of Europe
Asia Pacific
China
India
Australia
Rest of APAC
Central & South America
Brazil
Mexico
Rest of Central & South America
Middle East & Africa
South Africa
UAE
Saudi Arabia
Rest of Middle East & Africa

Contact Info:
Name: Ryan Johnson
Email: Send Email
Organization: Adroit Market Research
Address: 3131 McKinney Ave Ste 600, Dallas, TX75204, U.S.A.
Phone: +1 (214) 884-6068
Website: https://www.adroitmarketresearch.com/industry-reports/point-of-sale-pos-terminals-market

This content is not produced by Reuters Editorial News. It is produced by VC NewsNetwork. For content enquiry, please reach us at

Latest News >

Corporate travel startup receives US$3M pre-Series A funding

The Singaporean startup is one of its kind in the Southeast Asian leisure-oriented travel industry.

08:22am UTC

Singapore’s AI Intelligence Platform secures US$100 million to offer new data suites

Near plans to use the funding capital to launch a new suite of data products and expand into strategic markets including Australia and the US.

08:11am UTC

IDN Media acquires Indonesian eSports media GGWP.ID

This marks IDN Media’s first foray into the eSports scene in Indonesia.

09:33am UTC

MHomecare is the Winner of Indonesia-Korea Startup Demo Day 2019

MHomecare is a platform that provides on-demand homecare services in Indonesia.

03:09am UTC

Ezyhaul secures US$16 million Series B to fund Indonesia, Philippines Expansion

Freight and logistics tech startup Ezyhaul currently offers a range of online logistics services and solutions in Malaysia, Singapore, India, and Thailand

03:59am UTC