Point of Sale (POS) Terminals Market 2019 Global Development Countries Trends, Size, Industry Reviews by Top Key Players like Panasonic Corporation, Ingenico, MICROS Systems, VeriFone Systems, NEC Corporation

The point of sale (POS) is where the transaction is completed, and the time of making the payment by the customer to the merchant for the goods purchased or the service taken. At this point, the merchant prepares an invoice or calculates the amount to be paid by the customer and give options to make payment. After the payment is received, a receipt for the transaction is issued by the merchant. POS terminals includes broad application range such as inventory management, printing bills, loyalty programs, and payments. As a result of the enhanced return on investment (ROI) offered by POS systems the market for POS terminals has picked up rapid adoption in the recent years.

The report enables you to-

  • Formulate significant competitor information, analysis, and insights to improve R&D strategies
  • Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
  • Identify and understand important and diverse types of Point of Sale (POS) Terminals under development
  • Develop market entry and market expansion strategies
  • Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
  • In-depth analysis of the product's current stage of development, territory and estimated launch date

In comparison to the traditional system, the enhanced POS systems provides higher durability and reliability which leads to decrease in the cost of ownership thus, increasing the demand for POS solutions in both medium and small sized businesses. The emergence of mobile POS (mPOS) terminals has challenged the ongoing payment and transaction techniques due to its enhanced features such as better user experience and mobility.

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Top Companies profiled in this report includes, Panasonic Corporation, Ingenico S.A., MICROS Systems Inc., VeriFone Systems Inc., NEC Corporation, Hewlett-Packard Development Company LP, PAX Technology Limited, Cisco Systems Inc., Toshiba Corporation and Samsung Electronics Co. Ltd among others.

With the use of mPOS, the financial transactions can be conducted at the customer place, which in turn improves customer experience. Moreover, the initial cost of mPOS is low as compared to traditional fixed POS systems creating a demand in medium and small sized businesses. Retail and hospitality sector are experiencing rapid progress in demand for mPOS solutions due to enhanced ROI and augmented demand for customer analytics features.

With the advancement in technology, the market for mPOS and wireless terminals has increased significantly. As these systems provide many essential advantages such as ease to use, lesser cost of deployment and mobility. Furthermore, the usage smartphones and tablets too has increased in offices, therefore, opting for mPOS is more economical than fixed POS terminals. The reasonable price for wireless communication technologies and taking of TCP/IP connectivity empowered terminals are features favorable to mPOS terminals growth.

The objectives of this report are as follows:

- To provide overview of the global Point of Sale (POS) Terminals market
- To analyze and forecast the global Point of Sale (POS) Terminals market on the basis device and connectivity
- To provide market size and forecast till 2025 for overall Point of Sale (POS) Terminals market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
- To provide exhaustive PEST analysis for all five regions
- To profiles key Point of Sale (POS) Terminals players influencing the market along with their SWOT analysis and market strategies

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Answers that the report acknowledges:

  • Market size and growth rate during forecast period.
  • Key factors driving the “Point of Sale (POS) Terminals” market.
  • Key market trends cracking up the growth of the “Point of Sale (POS) Terminals” market.
  • Challenges to market growth.
  • Key vendors of “Point of Sale (POS) Terminals” market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global “Point of Sale (POS) Terminals” market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.
Posted by on Monday May 27 2019, 11:01 AM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Featured Press Release, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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