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Point-of-Sale Terminals Market By Product (Fixed and Mobile), Component (Hardware, Software, and Services), Deployment (On-premise and Cloud), and Application (Restaurant, Hospitality, Healthcare, Retail, Warehouse, Entertainment, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Covid-19

Global Point-of-Sale Terminals Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the point-of-sale terminals industry. The report analyzes and declares the historical and current trends analysis of the point-of-sale terminals industry and subsequently recommends the projected trends anticipated to be observed in the point-of-sale terminals market during the upcoming years.

The point-of-sale terminals market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire point-of-sale terminals market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the point-of-sale terminals industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the point-of-sale terminals industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the point-of-sale terminals market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the point-of-sale terminals industry. The point-of-sale terminals market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the point-of-sale terminals sector. Key strategic developments in the point-of-sale terminals market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the point-of-sale terminals market are appropriately highlighted in the report.

The point-of-sale terminals market research report delivers an acute valuation and taxonomy of the point-of-sale terminals industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the point-of-sale terminals industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the point-of-sale terminals industry is provided for the leading economies of the world.

The point of sale also known as point of purchase is a type of a terminal hardware which is primarily used for processing card payment for numerous retail locations. Point of sale terminal is an electronic device with a software that is capable of reading magnetic strips of credit and debit card an is embedded in hardware. When the POS terminal first interprets the magnetic strips it identifies, weather there are sufficient funds which will be followed by transaction. A point of sale terminals design includes cash register, computer, cash drawer, customer display, receipt printer, barcode scanner, etc.

The global retail market has seen a significant growth in recent years due to increase in the number of commercial places and complexes. This proliferated the number of POS terminals installed at such locations. This has driven the global POS terminals market. Moreover, growing digitization of mobile payment methods has also boosted the number of transactions done through debit as well as credit cards, which has also been a key factor that has augmented the global POS terminals market. However, lack of standardization and slow adoption of POS technology has hampered the POS terminal market.

The point-of-sale terminals market is segmented based on product, component, deployment, application, and region. On the basis of product, the market is classified into fixed and mobile. On the basis of component, the market is classified into hardware, software, and services. On the basis of deployment, the market is classified into on-premise and cloud. On the basis of application, the market is classified into restaurant, hospitality, healthcare, retail, warehouse, entertainment, and others.

Some of the essential players operating in the point-of-sale terminals market, but not restricted to include Ingenico Group, Hewlett-Packard Inc., Cisco Systems Inc., Panasonic Corporation, VeriFone Systems Inc., PAX Technology Corp., Toshiba Corporation, and Samsung Electronics, Co. Ltd., and Others.

logoThe taxonomy of the point-of-sale terminals industry by its scope and segmentation is as follows:

logo By Product Segmentation Analysis

  • Fixed
  • Mobile

logo By Component Segmentation Analysis

  • Hardware
  • Software
  • Services

logo By Deployment Segmentation Analysis

  • On-premise
  • Cloud

logo By Application Segmentation Analysis

  • Restaurant
  • Hospitality
  • Healthcare
  • Retail
  • Warehouse
  • Entertainment
  • Others

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Covid-19

Point-of-Sale Terminals Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

logoKey Insights from Primary Research

  • Our primary respondents estimated that the global point-of-sale terminals market is expected to grow at a CAGR of nearly 7% till 2026.
  • The soaring adoption of point-of-sale terminals in retail outlets has significantly contributed to the growth of the global point-of-sale terminals market for the last few years.
  • On the basis of component, the hardware segment held a major share in the global point-of-sale terminals market in 2019, constituting for a market share of nearly 50% in the global point-of-sale terminals market.
  • Based on region, the Asia Pacific segment dominated the global point-of-sale terminals market in 2019. The growth in the retail sector in China and India has significantly contributed to growth in the Asia Pacific market.
  • The rise in the travel and hospitality sector has also contributed to the growth of the global point-of-sale terminals market in recent few years.

logoKey Recommendations from Analysts

  • The global point-of-sale terminals market in 2019 was valued at around USD 70 billion and is estimated to reach a market value of approximately USD 110 billion by 2026.
  • According to our analysts, the rising number of debit as well as card holders has also bolstered the growth of the global point-of-sale terminals market.
  • North America region held the second largest share in the global point-of-sale terminals market in 2019.
  • Rising adoption of cloud based technology is likely to create new avenues for the cloud based point-of-sale terminals market in years to ahead.
  • In terms of product, the fixed segment held a major share of the global point-of-sale terminals market in 2019, accounting for a market share of nearly 70%.

logoMarket Share Analysis by Product

Covid-19

Point-of-Sale Terminals Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Ingenico Group
  • Hewlett-Packard Inc.
  • Cisco Systems Inc.
  • Panasonic Corporation
  • VeriFone Systems Inc.
  • PAX Technology Corp.
  • Toshiba Corporation
  • Samsung Electronics Co. Ltd.
     
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