Point-of-Sale (POS) Terminals Market Demand, Competitive Landscape To 2020: Grand View Research, Inc.

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Global Point-of-Sale (POS) Terminals Market Is
Expected To Be Driven By Need For Improved
Customer Experience

• Grand View Research has announced the addition of
  "Global Point-of-Sale (POS) Terminals Market
  Analysis And Segment Forecasts To 2020" Market
  Research report to their Database

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• Growing adoption of near-field communication
  (NFC) technology for payments coupled with cloud
  computing development is estimated to drive POS
  terminals market growth, according to a new study
  by Grand View Research, Inc. Ease of use and
  improved return on investment (ROI) offered by
  these systems has favorably impacted the market.
  Increased demand for mobile POS (mPOS) terminals
  such as smart card EFT (Electronic Funds
  Transfer) is also estimated to drive the market.
• Security concerns on account of potential data
  breaches may restrain global market growth.
  Introduction of personal identification pin (PIN)
  and embedded payment cards is expected to
  mitigate sensitive data theft issues. Primary
  solution providers have been emphasizing on
  integration of traditional POS systems with
  capabilities such as security, digital signage,
  pricing and inventory in order to increase their
  presence in the market. This is expected to
  significantly contribute to POS terminals market
  growth. Increasing mPOS solutions adoption by
  small and medium businesses (SMBs) is expected to
  present growth opportunities to market
  participants.
•  To request a sample copy or view summary of
  this report, click the link below
  http//www.grandviewresearch.com/industry-analysi
  s/point-of-sale-pos-terminals-market

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• Further key findings from the study suggest
• Increased penetration of NFC-based smartphones is
  expected to increase NFC POS terminals demand.
  This is attributed to worldwide recognition of
  TCP/IP connectivity enabled terminals and
  increase in affordable wireless communication
  technologies.
• The POS software segment is expected to exhibit
  high growth over the forecast period due to
  increased demand from hospitality and retail
  businesses. POS software is being adopted by
  wholesalers in order to facilitate the
  procurement in line with consumer demand.
  Hardware dominated the market in 2013, and
  approval of hardware interface standards is also
  estimated to positively impact POS terminals
  market growth.
• Retail is expected to remain the major market
  segment over the next six years. Healthcare is
  expected to witness high growth over the forecast
  period. This is a result of increased patient
  data tracking services and usage in payment
  methods. Need for customer satisfaction coupled
  with effective management is expected to be the
  key growth driver for the hospitality sector.
• North America was the largest regional POS
  terminals market in 2013. Asia Pacific is
  expected to witness high growth due to reduction
  in total cost of ownership (TCO) and increased
  SMBs. Presence of large software base in
  countries such as China and India are expected to
  favorably impact the software segment on account
  of proliferation in the number of retail stores.
• Major industry participants include Ingenico SA,
  VeriFone Systems Inc., Toshiba TEC, HP, NCR
  Corporation and Dell Inc. Key growth strategies
  employed include building technology partnerships
  with other participants in the ecosystem.
• For More http//www.grandviewresearch.com/industry
  -analysis/point-of-sale-pos-terminals-market

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• Request free sample of this Report _at_
  http//www.grandviewresearch.com/industry-analysis
  /point-of-sale-pos-terminals-market/request
• For the purpose of this study, Grand View
  Research has segmented the global POS terminals
  market on the basis of product, component,
  application and region
• POS Terminals Product Outlook (Revenue,
  USD Billion, 2012 2020)    Fixed POS
  Terminals     Mobile POS TerminalsPOS
  Terminals Component Outlook (Revenue, USD
  Billion, 2012 2020)     Hardware    
  SoftwarePOS Terminals Application Outlook
  (Revenue, USD Billion, 2012 2020)    
  Retail     Hospitality     Healthcare    
  Warehouse     Entertainment     OthersPOS
  Terminals Regional Outlook (Revenue, USD Million,
  2012 2020)     North America     Europe 
     Asia Pacific     RoW

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  ation-services
• About Grand View Research
• Grand View Research, Inc. is a market research
  and consulting company that provides
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  energy. With a deep-seated understanding of
  varied business environments, Grand View Research
  provides strategic objective insights. For more
  information, visit http//www.grandviewresearch.co
  m/
•  
• Contact
• Sherry James
• Corporate Sales Specialist, USA
• Grand View Research, Inc
• Phone [phone]
• Email sales_at_grandviewresearch.com