Title: Retail Point of Sale Terminals Market share to grow at 14% CAGR from 2016 to 2024
1Retail POS Terminals Market share to hit 45bn by
2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
2 Key Insights of Retail POS Terminals Market
- Rising trend towards cashless transactions driven
by acceptance of online payment and mobile
payment options will boost retail POS terminals
market development. Growing necessity to curb
black money transactions, frauds, money
laundering, and illegal cash transactions are
expected to supplement the industry growth over
the coming years. - According to Global Market Insights, Inc.,
Retail POS terminals market size is forecast to
exceed USD 45 billion by 2024. Wide applications
across department stores, category stores,
convenience stores, warehouse, discount stores,
supermarkets, specialty stores, and drugstores is
expected to elevate retail POS terminals market
growth over the next few years. - Supermarket applications, which contributed
nearly 35 of the global retail POS terminals
market share in 2015, will experience substantial
growth over the coming timeframe. Growing need to
improve the consumer experience, ability to
minimize manual error, and proper inventory
employee tracking are the major market growth
drivers. Discount and convenience stores are also
anticipated to boost the industry revenue over
the coming years.
3 Continued
- Mobile and Fixed POS terminals are the key
products of retail POS terminals. Mobile POS
terminals market size, worth USD 11.54 billion in
2015, is expected to witness a significant surge
over the coming timeframe. Enhanced use of mobile
instruments such as smartphones, iPhones, and
tablets is expected to drive retail POS terminals
industry size over the years to come. - Fixed POS terminals industry, which dominated the
overall revenue in 2015, is expected to witness a
high growth over the next seven years. - Major industry participants include Ingenico
Group, VeriFone Holdings Inc., MICROS Systems,
Hewlett-Packard, Samsung Electronics Limited,
Toshiba Corporation, Cisco Systems, NEC
Corporation, and Ingenico Group.
4India Retail POS Terminals Market size, by
application, 2013-2024 (USD Million)
India Retail POS Terminals Market size, by
application, 2013-2024 (USD Million)
5 Browse Full Market Research Report Of Retail
(Point of Sale) POS Terminals Market _at_
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this Research report _at_ https//www.fractovia.org/r
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6 TOC of Retail POS Terminals Market
- Chapter 1 Methodology Scope
- Research Methodology
- Initial data exploration
- Statistical model and forecast
- Industry insights and validation
- Research scope and assumptions
- List of Data Sources
- Primary sources
- Secondary sources
- Chapter 2 Executive Summary
- 2.1 Retail POS terminal 3600 synopsis, 2013 -
2024 - 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product trends
- 2.1.4 Services trends
- 2.1.5 Component trends
- 2.1.6 Application trends
7 Continued
- Chapter 3 Retail POS Terminal Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry size growth forecast, 2013 -
2024 - 3.3 Industry ecosystem
- 3.3.1 Vendor matrix
- 3.3.2 Distribution channel analysis
- 3.4 Technology innovation landscape
- 3.4.1 Android POS terminal
- 3.4.2 Iris and facial recognition
- 3.5 Regulatory landscape
- 3.5.1 National Payment Corporation of India
(NPCI) - 3.5.2 EU Regulation on Interchange Fees for
Card-based Payment Transactions - 3.5.3 European Payment Council (EPC)
- 3.5.4 Electronic Fund Transfer Act (ECTA)
- 3.6 Industry impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Increase in cashless transactions
- 3.6.1.2 Emerging demand for mobile POS
terminals - 3.6.1.3 Increasing penetration across several
retail channels
8 Continued
- 3.6.2 Industry pitfalls challenges
- 3.6.2.1 Need for data security
- 3.6.2.2 Costly software upgrades
- 3.7 Growth opportunity benchmarking
- 3.8 Cashless transactions debit card base
- 3.8.1 U.S.
- 3.8.2 Europe
- 3.8.3 China
- 3.8.4 India
- 3.9 Company market share analysis, 2015
- 3.9.1 Strategy dashboard
- 3.10 Porters analysis
- 3.11 PESTEL analysis
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