Retail POS Terminals Market size worth USD 25 billion by 2023 - PowerPoint PPT Presentation

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Retail POS Terminals Market size worth USD 25 billion by 2023

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Retail (Point of sale) POS terminals market size was valued over USD 11.7 billion in 2014 and is likely to reach around USD 25 billion, growing at a CAGR of over 15% by 2023. This can be attributed to increasing usage of debit or credit cards for transactions coupled with growing payment services. – PowerPoint PPT presentation

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Title: Retail POS Terminals Market size worth USD 25 billion by 2023


1
Retail POS Terminals Market size worth USD 25
billion by 2023, with growth expectation of 15
CAGR from 2016 to 2023 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Retail POS Terminals
Market
  • Europe retail POS terminals market size accounted
    for more than 30 in 2014, growing at a CAGR of
    over 11 from 2016 to 2023. The region is likely
    to reach USD 7 billion by 2023. This can be
    attributed to better return on investment offered
    by these systems.
  • The region has observed significant improvement
    on account of rising GDP of the countries and
    mobility revolution.
  • North America, including U.S. retail POS
    terminals market size was valued over USD 3.85
    billion in 2014 and is likely to attain USD 9.5
    billion by 2023. The region is likely to gain
    significant industry share over the coming few
    years owing to increasing growth in fast food
    restaurants and mass merchandisers.
  • Asia Pacific is likely to attain more than USD 7
    billion by 2023, at 14 over the forecast period.

3
  • Application Analysis of Retail POS Terminals
    Market
  • Retail POS terminals market facilitates payments
    and other operational information such as
    inventory management, sales tracking and
    accounting. In addition, increase in demand for
    wireless POS terminals market is also expected to
    drive the industry. Growing rigid and flexible
    displays is anticipated to be the major retail
    POS terminal market trend.
  • Increasing adoption of EMV cards is one of the
    major factors responsible for the industry
    growth. The software segment has witnessed stable
    growth due to increasing adoption in retail
    sector. This enhances the operational efficiency
    which in turn drives the industry demand.
  • Mobile POS (mPOS) terminals market is one of the
    major segments and the driving force of the POS
    industry.

4
Competitive Market Share of Retail POS
Terminals Market
  • Key industry participants occupying major retail
    POS terminals market share include Samsung
    Electronics, Panasonic, Toshiba, HP, Cisco
    Systems, VeriFone Systems, MICROS Systems, PAX
    Technology, NEC and Ingenico among others.

5

Browse Full Market Research Report On Retail POS
Terminals Market _at_ http//goo.gl/u1qer2 Reques
t for an in-depth table of contents for this
report _at_ https//www.gminsights.com/request-toc/up
coming/291
6
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