POS Terminals Market size revenue worth over $103bn by next seven years

1
Point of Sale Terminals Market share worth USD
103 billion by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key report insights of Point of Sale Terminals
Market

• Point of sale (POS) terminals market size is
  expected to exceed USD 100 billion from 2016 to
  2023. Global market Insights Inc. has announced
  an addition of a new study based report. The
  report analyzes the Global POS terminal industry
  with various perspectives and features regional,
  application based and competitive insights with
  future estimations for the projected time frame.
  The report focuses on key factors that impact the
  market growth including drivers, impediments,
  opportunities and challenges. The report projects
  shipments to witness significant growth with a
  growing CAGR of 18 by 2023. Rising expenditure
  in line busting technology is likely to influence
  the industry growth positively.
• The industry experienced strong gains attributed
  to the rapid advancements in various technologies
  and significant growth of POS terminal solutions.
  Rising demand for NFC devices and integrated
  systems in the industrial ecosystem is likely to
  further the market growth. Furthermore,
  increasing demand for applications in SMBs is
  anticipated to propel growth. In addition to
  this, rise in reasonably priced wireless
  communication technologies has opened new avenues
  in the market.

3
Continued...

• Retail POS terminals market size is predicted to
  hit USD 30 billion during expected period. The
  advent of mobile wallet technologies is expected
  to penetrate retail oriented products from 2015
  to 2023. Healthcare applications are anticipated
  to witness growth over 13.9 CAGR in near future.
• Mobile POS terminals are implemented for superior
  mobility and enhanced user experience. The market
  share for this product is expected to grow at 19
  CAGR during the projected time frame. Hardware is
  likely to continue its dominance in Point of Sale
  (POS) terminals market share in the near future
  with projected share over 85 during the
  predicted period.
• Software segment is expected to witness growth
  attributed to surge in retail and hospitality
  businesses. Biometric segment is expected to
  grow, owing favorable regulatory conditions and
  rise in the number of retail chain openings.

4
Continued...

• The Asia Pacific Point of Sale (POS) terminals
  industry is forecast to exhibit growth at a
  growing CAGR of 13 in near future. Growing
  preference for connectivity and portability and
  rising demand across application areas are key
  driving forces in regional segment.
• The report analyzes the competitive landscape of
  the POS terminal market. It features key
  participants profiled in the report, coupled with
  key strategies, finance metrics and current
  trends.
• Some of the key players listed in the report are
  Ingenico, PAX Technology, VeriFone, Zebra
  Technologies, Oracle and First Data Corporation.

5

Browse Full Market Research Report Global Point
of Sale Terminals Market _at_ http//bit.ly/1XUxPil
Read our Insightful Blog _at_ http//bit.ly/2fnZjww
Request for a Sample of this Research report _at_
https//www.gminsights.com/request-sample/detail/3
90
6
(No Transcript)
7
360 Analysis

• Application Analysis
• Emergence of mobile wallet technologies will lead
  to higher penetration of retail oriented products
  into the near future. Retailers have begun
  creating shopping apps that help consumers obtain
  product information. These value added services
  and new acceptance capabilities also foster
  enhanced in-store mobility levels.
• Regional Analysis
• U.S. POS terminals market size was over USD 11
  billion in 2015. Growing demand across
  application areas coupled with increasing
  preference for portability and connectivity is
  expected to favorably impact the regional
  industry.
• Competitive Market Share
• Ingenico, VeriFone, and PAX Technology occupied
  majority of the global POS terminals market share
  in 2015. As mobile-based technology has been
  replacing conventional fixed terminals, vendors
  have to deal with low profit margins. To address
  the increasing competition, leading manufacturers
  are focusing on diversifying their product
  portfolio.

8
Stay In Touch Website www.gminsights.com Soci
al Media