Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Point Of Sale (Pos) Terminal Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Point Of Sale (Pos)
Terminal Market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of international Point Of Sale (Pos) Terminal Market is
offered.
Market
Insights:
In accordance with the report, the Point Of Sale (Pos)
Terminal Market is projected to expand at a CAGR of X.X% over the period of forecast. The global Point Of Sale (Pos) Terminal
Market was valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn
in 2031, growing with a significant CAGR rate during the forecast period. The
point of sale terminal market operates in 4 key regions because to the market's
global diversification and the target audience's global distribution.
Throughout the forecast period of 2019–2023, the North American market is
anticipated to grow strongly and contribute to the market's achievement of the
largest point-of-sale terminal market size. The point-of-sale terminal market
is where you can find both extensive offers from companies that specialise in
business-specific solutions and a growing modernisation of the payments sector.
The widespread usage of wireless PoS terminals in a wide range of businesses, including
hospitality, healthcare, and the retail and entertainment sectors, will further
help the market gain traction in the face of intense global competition. The
POS system's features aid in increasing productivity, which has a favourable
effect on the volume of sales as well. Several features will only need a very
limited amount of assistance from any specialist during the systems
installation procedure. Also, the majority of the pre-installed software
components on these devices are plug-and-play compatible. Also, the system aids
in the removal of difficulties that frequently arise when putting the system up
for users, making it simple for both small and medium merchants to adopt these
systems without difficulty. Also, the systems' user-friendliness along with
their enhanced efficiency are anticipated to fuel the expansion of the
point-of-sale terminal industry.
Research
Methodology:
To compile
the detailed study of the global Point Of Sale
(Pos) Terminal Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Point Of Sale (Pos) Terminal Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Point Of Sale (Pos) Terminal Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Point Of Sale (Pos) Terminal Market was
affected negatively due to the shutdown of manufacturing/processing facilities
for some time. The analysts have also focused on the key measures that the
companies are opting to withstand the harsh scenario.
Segment
Covered:
Point Of Sale (Pos) Terminal Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Point Of Sale (Pos) Terminal Market research report includes an in-depth coverage of the
industry with estimates & forecast from 2023 to 2031, for the following
segments:
Point Of Sale
(Pos) Terminal Market, By components, 2023-2031 (USD Million)
·
Hardware
·
Software
·
Services
Point Of Sale
(Pos) Terminal Market, By Product Type, 2023-2031 (USD Million)
·
Fixed
·
Wireless
Point Of Sale
(Pos) Terminal Market, By Deployment, 2023-2031 (USD Million)
·
On-Cloud
·
On-Premises
Report
Highlights:
The prime objective of the Point Of Sale
(Pos) Terminal Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Point Of Sale
(Pos) Terminal Market, By Region, 2023-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Point Of
Sale (Pos) Terminal Market:
·
Ingenico
(France)
·
CITIXSYS
AMERICAS (US)
·
Verifone (US)
·
Squirrel
Systems (Canada)
·
BBPOS (Hong
Kong)
·
Newland
Payment Technology (China)
·
First Data
(US)
·
Cegid Group
(France)
·
PAX Global
Technology (Hong Kong)
·
Castles
Technology (Taiwan)
·
Elavon (US)
·
NCR
Corporation (US)
·
Diebold
Nixdorf (US)
·
Winops
(Finland)
·
BITEL (Korea)
Point
Of Sale (Pos) Terminal Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry