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Point of Sale (POS) Terminals Market Research Report - Global Industry Size, Share, Analysis and Forecast to 2022: Hexa Research

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The point of sales market has observed significant development in past few years due to easiness of using and enhanced profits on investments that are given through systems. The advanced point of Sale terminals provide reliability and high durabilit
Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future
Point of Sale (POS) Terminals Market Research Report - Global
Industry Size, Share, Analysis and Forecast to 2022: Hexa Research
The point of sales market has observed significant development in past few years due to
easiness of using and enhanced profits on investments that are given through systems. The
advanced point of Sale terminals provide reliability and high durability as compared to what
conventional system like cash registers delivers; it has its outcome in important manner by
decreasing price in ownership, by this means point of sales system market demand is growing
in medium as well as small extent business. The innovation and launch of personal identification
number and chip-embedded payment cards has witnessed high growth in the market. Electronic
Funds Transfer terminals are able to sense both magnetic stripe payment cards and smart
cards. Rising requirement for smartphone terminals is anticipated to lead the growth in the
market. Necessity of complex and extensive list of government oriented certifications and
regulations are anticipated to restrict growth of the market. Apple Pay that was invented and
launched in October 2014, has capability to substitute conventional point of sale over the
forecast period. PayPal, which is associated with iPad POS can obtain benefit of retailers whose
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Hexa Research
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shopfront have been iBeaconized. Top solution providers have emphasized on the incorporation
of point of sale terminals with abilities such as pricing, inventory, security, digital signature, to
increase their existence in the point of sales system market.
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Product Insights
mPOS systems are anticipated to substitute the existing transaction and payment techniques
due to their enhanced functions such as better user experience and mobility. They permit
services and sales companies to carry out economical dealings distantly for betterment of client
experience. Mobile point of sales system primary costs very less as compared to their usual
counterparts and so they have rising demand from small and medium scale business.
Hospitality and retail sector have witnessed rise in demand for mPOS solutions, driven by
increasing requirement for client analytics functions and maximum return on investments of
customer. Increasing access of mobile handsets is anticipated to increase requirement for Near
Field Communication Point of sales system, which are mainly utilized in the transportation
segment for ticket dealing. Mobile/Wireless point of sales system utilizes technology such as
CDMA, Wi-Fi, 802.11 and GPRS for giving major decreasing cost per deal in regional segment
of high telecommunication. Affordable wireless communication technologies are the factor
contributing to mobile phones POS system market growth.
Component Insights
The POS software market has observed stable increment in market due to bigger demand from
hospitality and retailers businesses. Point of sales software has been gradually more accepted
by wholesalers to allow the acquisition of the right product in the right price and place when the
customer demands it, and to build improved forecasts, improving warehouse efficiency.
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Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future
Application Insights
Point of sales systems have huge range of applications in various sectors such as healthcare,
entertainment, retail, warehousing, comprise bill payment and printing, loyalty programs,
inventory management. The point of sales terminals market is segmented on the basis of
vertical, establishing the requirement for resellers to know the exclusive differentiation within
each fragment. Conventional small and medium business retail is anticipated to be the main
market segment over the upcoming time, followed by hospitality and dining. Healthcare is also
anticipated to be a major application fragment due to the enlarged utilization in patient data
tracking services and payments.
Regional Insights
Traditionally big market in the Western Europe and U.S. has witnessed market diffusion. Asia
Pacific is anticipated to show huge expansion because of developed small and medium
business and decrease in TCO. The China and India market are anticipated to increase over the
forecast period. The existence of a big base of computer engineers in India is anticipated to
constructively impact the software market sector over the upcoming time.
Competitive Insights
Major players in point of sales market include Hewlett-Packard, Cisco Systems, MICROS
Systems, Ingenico S.A.Inc, Panasonic Corporation, NEC Corporation, Samsung Electronics Co,
PAX Technology Limited, Ltd., VeriFone Systems Inc and Toshiba Corporation. The Point of
sale system market is consolidated due to better acquisitions and mergers being carried out, for
example Ingenico’s and Verifone’s acquisition of the POS terminals business.
Table of Contents
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Hexa Research
Fact-based market research, penetrating industry insights and validated
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Chapter 1. Executive Summary
1.1. POS Terminals - Industry Summary and Critical Success Factors (CSFs)
Chapter 2. POS Terminals Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. POS Terminals Value Chain Analysis
2.4. POS Terminals Market Dynamics
2.4.1. Market Driver Analysis
2.4.1.1. Increased demand for mobile POS terminals
2.4.1.2. Surge in affordable wireless communications technologies
2.4.1.3. Increased demand from end-use industries
2.4.2. Market Restraint Analysis
2.4.2.1. Need for extensive and complex list of governmental regulations and certifications
2.4.2.2. Data security concerns
2.5. Key Opportunities Prioritized
2.6. Industry Analysis - Porter's
2.7. POS Terminals - Company Market Share Analysis, 2013
2.8. POS Terminals Market PESTEL Analysis, 2013
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Hexa Research is a market research and consulting organization, offering industry reports,
custom research and consulting services to a host of key industries across the globe. We offer
comprehensive business intelligence in the form of industry reports which help our clients obtain
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Hexa Research
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clarity about their business environment and enable them to undertake strategic growth
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