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Point-of-Sale Terminals Market Size, Share Global Analysis Report, 2020–2026
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
Industry Insights
[210+ Pages Report] According to the report published by Facts Factors, the global point-of-sale terminals market size was worth around USD 70 billion in 2019 and is predicted to grow to around USD 110 billion by 2026 with a compound annual growth rate (CAGR) of roughly 7% between 2020 and 2026. The report analyzes the global point-of-sale terminals market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the point-of-sale terminals market.
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.
Key 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 components, the hardware segment held a major share in the global point-of-sale terminals market in 2019, constituting 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 the recent few years.
Key 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 cardholders 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.
- The rising adoption of cloud-based technology is likely to create new avenues for the cloud-based point-of-sale terminals market in years 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%.
Market Share Analysis by Product
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, categories, 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.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 70 Billion |
Projected Market Size in 2026 |
USD 110 Billion |
CAGR Growth Rate |
7% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Toshiba Corporation, Ingenico Group, Cisco Systems Inc., Panasonic Corporation, Hewlett-Packard Inc., PAX Technology Corp., VeriFone Systems Inc., Samsung Electronics, Co. Ltd., and Others |
Key Segment |
By Product, Component, Deployment, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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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 the 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 terminal hardware that is primarily used for processing card payments for numerous retail locations. Point of sale terminal is an electronic device with software that is capable of reading magnetic strips of credit and debit cards and is embedded in hardware. When the POS terminal first interprets the magnetic strips it identifies, whether there are sufficient funds that will be followed by the transaction. A point-of-sale terminal design includes a cash register, computer, cash drawer, customer display, receipt printer, barcode scanner, etc.
The global retail market has seen significant growth in recent years due to increasing 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, the 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, a 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 components, 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 leading players in the global market include
- Ingenico Group
- Hewlett-Packard Inc.
- Cisco Systems Inc.
- Panasonic Corporation
- VeriFone Systems Inc.
- PAX Technology Corp.
- Toshiba Corporation
- Samsung Electronics Co. Ltd.
The taxonomy of the point-of-sale terminals industry by its scope and segmentation is as follows:
By Product Segmentation Analysis
- Fixed
- Mobile
By Component Segmentation Analysis
- Hardware
- Software
- Services
By Deployment Segmentation Analysis
- On-premise
- Cloud
By Application Segmentation Analysis
- Restaurant
- Hospitality
- Healthcare
- Retail
- Warehouse
- Entertainment
- Others
By 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
Table of Content
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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