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

Wed Jan 9, 2019 - 4:00pm 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 news is published on Reuters.

VCNN is your primary source for all venture capital news. We provide the latest breaking news and insider stories straight from the venture capital scene. Contact us at: hello@vcnewsnetwork.com