Home / News / Point of Sale (POS) Terminals Market to Reach US$ 103.2 Bn by 2022 – Credence Research

Point of Sale (POS) Terminals Market to Reach US$ 103.2 Bn by 2022 – Credence Research

According to a new market report published by Credence Research, “Point of Sale (POS) Terminals (Restaurants, Hospitality, Healthcare, Retail, Warehousing/Distribution, Entertainment, and Other End-use (Field Services, Government, Transportation, etc.)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the POS terminals market was valued at US$ 40.20 Bn in 2014, and is expected to reach US$ 103.20 Bn by 2022, expanding at a CAGR of 12.9% from 2015 to 2022.

Browse the full Point of Sale (POS) Terminals (Restaurants, Hospitality, Healthcare, Retail, Warehousing/Distribution, Entertainment, and Other End-use (Field Services, Government, Transportation, etc.)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/point-of-sale-pos-terminals-market

Market Insights

A Point of Sale (POS) is a mechanized alternative for a cash register with the ability to record and track customer orders, process debit/credit cards, connect to other systems in network, and control inventory across geographically dispersed locations. The POS terminal market has witnessed a significant change and expansion with the advancements in technology leading to the growth of alternative POS solutions including Android POS and SaaS-based POS terminals. The POS terminals are moving towards digital format, with electronic signature capture and e-mailed receipts enabling paper free transactions. The introduction of chip-embedded payment solutions and personal identification number (PIN) is expected to minimize the security concerns pertaining to data theft, further expanding the POS terminals market.

Browse the full Point of Sale (POS) Terminals (Restaurants, Hospitality, Healthcare, Retail, Warehousing/Distribution, Entertainment, and Other End-use (Field Services, Government, Transportation, etc.)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/point-of-sale-pos-terminals-market

Competitive Insights:

The global POS terminals/systems market is highly fragmented across vertical markets, compelling resellers to understand the distinct differences from segment to segment. Ingenico S.A., Verifone Systems, Inc., and PAX Technology Ltd are the leading POS terminal vendors in the global POS terminals market. Other players including Panasonic Corporation, Toshiba Corporation, Hewlett Packard, and Samsung Electronics Co., Ltd NCR Corporation and MICROS Systems, Inc. have been identified as promising and emerging players in the POS terminals industry.

Key Trends:

Shift from Hard Currency Transactions to Cashless Transactions
Mobility Revolution
Growing adoption of SaaS-based and Android POS systems
Opportunity to Add Value and Loyalty Options

Latest Reports:

Quantum Dots (QD) Market By Product (QD Medical Devices, QD Displays, QD Lighting, QD Lasers, QD Solar Cells), By Application (Healthcare, Consumer, Industrial, Defense & Surveillance, Energy) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022

Laser Processing Systems Market – Growth, Share, Opportunities & Competitive Analysis, 2015 -2022

Set-top Boxes (STBs) Market By Type (Cable TV STBs, Satellite TV STBs, IPTV STBs, Hybrid STBs), By Video Resolution (Standard Definition (SD), High Definition (HD)) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.

Contact:

Name: Chris Smith

Designation: Global Sales Manager

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web:  Credence Research

 

Release ID: 2675

About Chris Smith

Check Also

400-400

Global X-Ray Equipment Market Is Expected To Reach USD 11,752.2 Mn By 2022 – Credence Research

The latest market report published by Credence Research, Inc. “Global X-ray Equipment Market – Growth, ...