Point of Sale (POS) Terminals Market - Global Industry Analysis, Industry Outlook and Strategies to 2022

POS terminals market was valued at US$ 40.20 Bn in 2014, and is expected to reach US$ 103.20 Bn by 2022, expanding at a CAGR of 12.9% from 2015 to 2022.

According to a new market report published by Credence Research, “Point of Sale (POS) Terminals (Restaurants, Hospitality, Healthcare, Retail, Warehousing/Distribution, Entertainment, and Other End-use (Field Services, Government, Transportation, etc.)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”, the POS terminals market was valued at US$ 40.20 Bn in 2014, and is expected to reach US$ 103.20 Bn by 2022, expanding at a CAGR of 12.9% from 2015 to 2022.
Market Insights
A Point of Sale (POS) is a mechanized alternative for a cash register with the ability to record and track customer orders, process debit/credit cards, connect to other systems in network, and control inventory across geographically dispersed locations. The POS terminal market has witnessed a significant change and expansion with the advancements in technology leading to the growth of alternative POS solutions including Android POS and SaaS-based POS terminals. The POS terminals are moving towards digital format, with electronic signature capture and e-mailed receipts enabling paper free transactions. The introduction of chip-embedded payment solutions and personal identification number (PIN) is expected to minimize the security concerns pertaining to data theft, further expanding the POS terminals market.
Browse the full Point of Sale (POS) Terminals Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/point-of-sale-pos-terminals-market
Competitive Insights:
The global POS terminals/systems market is highly fragmented across vertical markets, compelling resellers to understand the distinct differences from segment to segment. Ingenico S.A., Verifone Systems, Inc., and PAX Technology Ltd are the leading POS terminal vendors in the global POS terminals market. Other players including Panasonic Corporation, Toshiba Corporation, Hewlett Packard, and Samsung Electronics Co., Ltd NCR Corporation and MICROS Systems, Inc. have been identified as promising and emerging players in the POS terminals industry.
Key Trends:
• Shift from Hard Currency Transactions to Cashless Transactions
• Mobility Revolution
• Growing adoption of SaaS-based and Android POS systems
• Opportunity to Add Value and Loyalty Options
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Related Reports:
• http://www.credenceresearch.com/report/point-of-sale-pos-terminals-market
• http://www.credenceresearch.com/report/dashcams-market
• http://www.credenceresearch.com/report/flexible-electronics-market

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Contact Details

Company Name: Credence Research
Issued By: Robson Tolson
Phone: 18003618290
Address: 105 N 1st ST #429, SAN JOSE, CA 95103, United States
City: SANJOSE
State: CALIFORNIA
Zip: 95103
Country: United States
Website: Visit the website

Keywords : Point of Sale (POS) Terminals Market,

by Robson Tolson (few months ago!)

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