A Point of Sale Terminal is an electronic device used to process transactions in retail stores, restaurants, and other companies. A Point of Sale Terminal is a computerised system that allows businesses to take and process payments from customers using debit or credit cards, as well as alternative payment methods like mobile payments, gift cards, and cash.
Businesses can utilise a Point of Sale Terminal (PoS) to streamline payment processing, track inventory, manage sales data, and improve customer experience. It also lets businesses to provide clients with a variety of payment choices, making transactions more convenient and efficient.
Point of Sale Terminal Market Overview:
The fundamental purpose of this research is to help the user understand the Point of Sale Terminal Market in terms of definition, segmentation, market potential, significant trends, and the issues that the Point of Sale Terminal industry faces in key areas and countries. Market figures and information were gathered from reliable sources such as websites, annual reports of businesses, journals, and so on, and were then checked and validated by industry professionals.
Point of Sale Terminal Market Size growth is forecasted at a CAGR of 16.06% during 2023-2029, to reach 71.42 Billion by 2029. A detailed description of the factors and market trends pertaining to different regions is given in detail in the report.
Scope of the Report
Market figures and information were gathered from reliable sources such as websites, annual reports of businesses, journals, and so on, and were then checked and validated by industry professionals.
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Point of Sale Terminal Market Drivers:
To guarantee a full investigation and validation of all possible market components, the research technique used for the Point of Sale market comprised both primary and secondary data sources. A bottom-up methodology and several data triangulation approaches were utilised to estimate market size and forecasts, taking into account variables such as inflation, economic downturns, and regulatory and policy changes.
Point of Sale Terminal Market Segmentation:
by Product Type
• Fixed PoS
• Mobile PoS
by Component
• Hardware
• Software
• Services
by Deployment
• On-Premise
• Cloud Based
by Size of Business
• Small
• Medium Sized Enterprises (SMEs)
• Large Enterprises
by End User
• Restaurants
• Retail
• Entertainment
• Others
Key Players:
• Samsung Electronics Co., Ltd. (South Korea)
• Revel Systems Inc. (USA)
• Loyverse (Singapore)
• Toshiba Global Commerce Solutions Inc. (USA)
• Clover Network Inc. (USA)
• Paytm (India)
• Verifone Systems Inc. (USA)
• Zoho Corporation (India)
• Lightspeed POS Inc. (Canada)
• Ezetap (India)
• Shopify Inc. (Canada)
• TouchBistro Inc. (Canada)
• NEC Corporation (Japan)
• Pine Labs (India)
• Mswipe Technologies (India)
• Upserve Inc. (USA)
• Maitre’D (Canada)
• GoFrugal Technologies (India)
• Ingenico Group (France)
• Toast Inc. (USA)
• NCR Corporation (USA)
• Oracle Corporation (USA)
• PAX Global Technology Ltd. (Hong Kong)
• Posist Technologies (India)
• Panasonic Corporation (Japan)
• ShopKeep (USA)
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Regional Analysis:
The report focuses on Regions and Market Size of Point of Sale Terminal , and development forecast 2021-2027, including industries, major players, suppliers globally, and market share by regions, with company and product introduction, market position including market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact on the Point of Sale Terminal Market
The report addresses the consequences of COVID-19: Since the COVID-19 virus emerged in December 2019, the sickness has spread to nearly every country on the earth, causing the World Health Organisation to designate it a public health catastrophe. The global impacts of the coronavirus outbreak are already being felt, and they will have a significant impact on the Point of Sale Terminal sector in 2021.
Key Questions answered in the Point of Sale Terminal Market Report are:
What is the function of Point of Sale Terminal ?
What is the predicted revenue generation of the Point of Sale Terminal market?
At what growth rate is the Point of Sale Terminal market evolving?
Who are the major market giants operating in the Point of Sale Terminal market?
Key offerings:
- A detailed Market Overview
- Market Share
- Market Size
- Market Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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