Home > Business > Point Of Sale (PoS) Terminal Market to Penetrate Untapped Regions 2025

Point Of Sale (PoS) Terminal Market to Penetrate Untapped Regions 2025

Added: (Fri Dec 28 2018)

Pressbox (Press Release) -

Market Overview:


A point of sale terminal is an electronic device which can be used to process card payments, it reads the information of a customer’s debit or credit card and checks whether the funds in a customer’s bank account are sufficient, based on that it transfers the funds to seller’s account from the customer’s account. Point of sale (PoS) terminals consist of software and hardware whichenables retailers to receive card payments without updating a cash registers. The expenses of mounting POS terminals differ with the size of the organization and the terms from the supplier. The merchants possibly have to pay rent for the terminal along with a transaction fees.Global Point of sale (PoS) marketwas valued, in 2017 USD XX million and in 2025 is expected to reach at USD XX million with growing CAGR of XX%. 


Market Dynamics:


The industry is growing rapidly, due to extensive and swift technological developments in point of sale terminal solutions. Rising demand for contactless payments, along with proliferation of Near Field Communication (NFC) devices in the industrial ecosystem, has led to a surge in adoption of integrated POS terminals. 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 in the market. Companies are focusing more on


Request For Report Sample with Table of Contents@ https://www.researchreportinsights.com/report/upsample/120124722/Point-Of-Sale-(PoS)-Terminal-Market 


software owing to increased penetration of smartphones.
However, need for extensive government certifications, strict regulations, and rising data security concerns are expected to act as restraints to market growth.


Market Players:


Point of sale (PoS)terminal market consist of various players, few key players of the market are Samsung Electronics, HP Company, Panasonic Corporation, Ingenico S.A., PAX Technology, Cisco Systems, Panasonic Corporation, Toshiba Corporation, Verifone Systems, and MICROS Systems.


Request For Report Discount@ https://www.researchreportinsights.com/report/updiscount/120124722/Point-Of-Sale-(PoS)-Terminal-Market 


Market Segmentation:


The Point of sale (PoS) market is segmented into type, component, technology and region. On the basis of type the market is classified into countertop POS, retail POS and mobile POS. On the basis of technology the market is segmented into fixed and mobile/wireless. On the basis of component the market is classified into hardware, software and services.
Further, on the basis of region the market is segmented into North America, Europe, APAC, Latin America and Middle East & Africa.Asia Pacific is expected to emerge as a lucrative player over the forecast period. Increasing income levels and standards of living of people in developing countries such as India are resulting in flourishing retail markets, thereby boosting the demand for POS solutions.


Market segmented based on type:
- Countertop POS
- Retail POS
- Mobile POS


Market segmented based on technology:
- Fixed
- Mobile/ Wireless


Market segmented based on component:
- Hardware
- Software
• Cloud
• On-premise
- Services


Report Analysis@ https://www.researchreportinsights.com/report/upcomming/120124722/Point-Of-Sale-(PoS)-Terminal-Market 

Submitted by:Vikas Bahurupi
Disclaimer: Pressbox disclaims any inaccuracies in the content contained in these releases. If you would like a release removed please send an email to remove@pressbox.com together with the url of the release.