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The Point of Sale Terminals Market is Segmented by Component (Hardware, Software, Service), Type (Fixed Point of Sale Terminals, Mobile Point of Sale Terminals), Application (Entertainment, Hospitality, Healthcare, Retail), and Geography.
Fastest Growing Market:
The point of sale terminal market was valued at USD 74.82 billion in 2019, and it is expected to reach USD 176.31 billion by 2025, witnessing a CAGR of 16.21% during the forecast period of 2020-2025. With increasing concentration of businesses and growing customer frequency, businesses are looking for technologies that streamline processes and integrate into a single contact point. Point-of-sale systems are the final contact point of businesses that are employed to handle checkouts and payments.
Point of sale is the time and location where a transaction is completed. A POS system is computer hardware and software, that manages the transaction during the sale of a product or a service. It helps to store, capture, share, and report data related to the sales transaction. It eases the shopping experience and helps to expedite the checkout process, resulting in customer satisfaction. Inventory management, stock in hand, availability of a product, and pricing information are primary data that are acquired from the systems.
|Fixed Point of Sale Terminals|
|Mobile Point of Sale Terminals|
|Middle East & Africa|
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The point of sale terminals market is highly fragmented with the presence of a large number of players that occupy around half of the market share. Moreover, these players are investing large amounts of money on R&D activities to introduce innovative payment technologies in the market. Strict government regulations and policies in several countries will drive the market, making it more attractive and competitive. Some of the key players in the market include Cisco Sysems Inc., Toshiba Corporation, VeriFone System Inc., Samsung Electronics Inc., Hewlett Packard Enterprise, Panasonic Corporation, NEC Corporation, Dell Inc., among others.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers/Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Market Drivers
4.3.1 Ease of Use and Increased Efficiency
4.3.2 High Returns on Investments
4.4 Market Restraints
4.4.1 Rising Security Concerns
4.5 Market Opportunities
4.5.1 Growth of MPOS Systems in Developing Economies
4.6 Technology Snapshot
5. MARKET SEGMENTATION
5.1 By Component
5.2 By Type
5.2.1 Fixed Point of Sale Terminals
5.2.2 Mobile Point of Sale Terminals
5.3 By Application
5.3.5 Other Applications
5.4.1 North America
5.4.4 Latin America
5.4.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Cisco Systems Inc.
6.1.2 Toshiba Corporation
6.1.3 VeriFone System Inc. (Francisco Partners)
6.1.4 Samsung Electronics Inc.
6.1.5 MICROS Systems Inc. (Oracle)
6.1.6 Hewlett Packard Enterprise
6.1.7 Ingenico SA
6.1.8 NEC Corporation
6.1.9 Panasonic Corporation
6.1.10 PAX Technology
6.1.11 Dell Inc.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability