Global Point-of-Sale (POS) Terminals Market is valued USD xxx billion in 2016 is anticipated to grow USD xxx billion with the compounded annual growth of xxx % over the forecast period 2017-2025.
New York 7 September 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Point-of-Sale (POS) Terminals Market industry is poised to raise USD xxx billion by 2025.Fixed & Mobile are the Product of the Global Point-of-Sale (POS) Terminals Market. End Product market is further segmented at the regional level. Regional penetration for each Application is derived from the macroeconomic factors such as Per-capita Income size, GDP, & International trade the regional level applications are further segmented into End user based on their usage in respective applications.
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The industry is seems to be fairly competitive Some of the key manufacturers involved in the market are JDA Software Group, Inc. – Hewlett-Packard Inc., Ingenico Group., Micros Systems, Inc, NEC Corporation, Panasonic Corporation, PAX Technology Inc., Samsung Electronics Co., Ltd., Toshiba Corporation, VeriFone Systems Inc.& Cisco Systems Inc. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirement
Key findings of the study:
- Companies are focusing more on software owing to increased penetration of smart phones.
- Increased investments in technologies such as end-to-end encryption for providing secured payment solutions and convenience to customers are expected to augment the demand for POS terminals.
- This payment method works through NFC technology, wherein the issued card has a special symbol unique to contactless payments and can only be scanned using a contactless reader.
Bizwit Research & Consulting LLP has considered following segments for the study:
- On Premises
- Repair & Maintenance
- North America
- Asia Pacific
- Latin America
- Rest of the World