Global Point of Sale Terminal Market Expected to Grow with a CAGR of 8%, 2019-2025 - ResearchAndMarkets.com
The "Point of Sale (POS) Terminal Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The "Point of Sale (POS) Terminal Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global POS terminal market is expected to grow at a CAGR of over 8% during the period 2019-2025.
The following factors are likely to contribute to the growth of the POS terminal market during the forecast period:
- Increase in Digital Payments
- Penetration of EMV-compliant POS Terminals
- Introduction of Cloud-based POS Systems
- High Demand from Healthcare and Retail Industries
The global point of sale market is growing, with the presence of vendors such as Ingenico, Fujian Newland, Verifone, Xinguodu, and PAX Global, offering a diverse range of products. The demand for POS payment terminals has grown in countries such as the US, China, and India due to the booming retail industry and the shift in unorganized markets. mPOS terminals are increasingly marking their presence among end-users worldwide. The penetration of these devices is growing rapidly across the world, boosted by the growing demand in APAC countries. The global mPOS terminal market is expected to register a CAGR of over 9% in terms of revenue during the period 20192025.
Futuristic inventions in transaction and payment technology and the growth in the complementary security technologies are further expected to boost investors' confidence in the market. Thus, the introduction of upgrades is likely to fuel the market growth during the forecast period. However, an important reason for the increasing acceptance of point of sale terminal among merchants is urbanization. Urbanization leads to the creation of better job opportunities, which, in turn, lead to the improvement in living standards and an increase in per capita disposable incomes. Urbanization also leads to a change in the sociological profile of end-users that can alter the demography as well as sociography. This also results in a change of lifestyle, improvement in the living conditions, high-spending sentiments, awareness of the latest technology, reduced insecurity, and improved confidence.
The study considers the present scenario of the POS terminal market and dynamics for the period 20192025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.
Key Market Insights
- Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market.
- Includes a detailed analysis of market growth drivers, challenges, and investment opportunities.
- Delivers a complete overview of segments and the regional outlook of the market.
- Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain a competitive advantage in the market.
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.1 Macroeconomic Factors Enabling Market Growth
7.2 Advantages of Adopting POS Systems
7.3 Use of POS Terminals: Case scenarios
7.4 Cost of Ownership
7.5 Measures to Reduce TCO of POS System
7.6 Product Life Cycle
8 Market Dynamics
8.1 Market Growth Enablers
8.2 Market Growth Restraints
8.3 Market Opportunities & Trends
9 Value Chain
9.1 Overview
9.2 CIELO: Case Study
9.3 Stakeholders as Driving Forces
10 Global POS Terminal Market
10.1 Market Overview
10.2 Five Forces Analysis
11 By Product Type
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Traditional/Fixed POS Terminals
11.4 MPOS Terminals
12 Market By Compliance
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 EMV POS
12.4 NON-EMV POS
13 By NFC Technology
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 NFC-Ready POS
13.4 NON-NFC POS
14 Market By End-User
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Retail
14.4 Restaurants
14.5 Warehouse & Distribution
14.6 Entertainment
14.7 Healthcare
14.8 Hospitality
15 By Geography
15.1 Market Snapshot & Growth Engine
15.2 Overview
16 APAC
16.1 Historical Data 20152018
16.2 Pest Analysis
16.3 Market Size & Forecast (Revenue & Unit Shipment)
16.4 Market by Product Type
16.5 Market by Compliance Type
16.6 Market by NFC Technology Type
16.7 Market by End User Type
16.8 Key Countries
16.9 China
16.10 India
16.11 Japan
16.12 Australia
16.13 Vietnam
17 Latin America
18 Europe
19 Middle East & Africa
20 North America
21 Competitive Landscape
21.1 Overview
22 Key Company Profiles
22.1 Ingenico Group
22.2 Fujian Newland Payment Technology
22.3 PAX Global Technology
22.4 Verifone Systems
22.5 Shenzhen Xinguodu Technology (NEXGO)
23 Other Prominent Vendors
23.1 Fiserv
23.2 Cybernet
23.3 SZZT Electronics
23.4 Shenzhen Xinguodu Technology (NEXGO)
23.5 USA Technologies
23.6 VISIONTEK Linkwell Telesystems
23.7 Centerm
23.8 BBPOS
23.9 Dspread Technology
23.10 Castles Technology
23.11 BITEL Corporation
23.12 New POS Technology Limited
23.13 Sunyard System Engineering
23.14 Spire Payments
23.15 Shenzhen Justtide
23.16 SPECTRA Technologies
23.17 Vanstone Electronic
23.18 Datecs
23.19 Yarus
23.20 wizarPOS
23.21 YouTransactor
23.22 Equinox Payments
23.23 Bluebird
23.24 Worldline
23.25 Lian Yu
23.26 Panasonic Corporation
23.27 Gertec
23.28 Shenzhen Kaifa Technology
23.29 TOSHIBA TEC Corporation
23.30 M.POS
23.31 NAYAX
24 Report Summary
24.1 Key Takeaways
24.2 Strategic Recommendations
25 Quantitative Summary
25.1 Market by Geography
25.2 Market by Product
25.3 Market by Compliance
25.4 Market by Technology
25.5 Market by End User
26 Appendix
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