Point of Sale Market Size, Share & Segmentation by Application (Fixed POS and Mobile POS), by Deployment Mode (Cloud and On-premise), by Organization Size (Large Enterprise and Small and Medium Enterprise (SME)), by End-user (Restaurant, Hospitality, Healthcare, Retail, Warehouse, Entertainment, Others) , by Regions and Global Market Forecast 2022-2028
Pune, Maharashtra -- (SBWIRE) -- 10/12/2022 -- Point of Sale Market Analysis 2022:
The POS terminal market is experiencing a rapid growth because of the factors such as the increase in the adoption of wireless payment systems by retailers, and the surging access to various kinds of payment modes, including Visa (EMV) cards, EuroCash and MasterCards.
Point-of-sale (POS) terminals come in two varieties, fixed and mobile. Fixed POS terminals are used with one or more cash registers, while mobile POS systems connect to phones or tablets via Bluetooth, Wi-Fi or cellular networks. Customers increasingly use mobile and online payment services such as e-wallets and credit cards to pay for goods and services. This trend is expected to continue as growth in smartphone ownership accelerates each year.
"According to SNS Insider, Point of Sale Market Size is was valued at US$ 11.14 bn in 2021 and Grow at US$ 20.28 Bn by end of 2028, with growing CAGR of 8.9% during the Forecast Period 2022-2028."
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Major Company Profiles included in Point of Sale Market are:
- Clover Network, Inc.
- H&L POS
- IdealPOS
- Lightspeed
- NCR Corporation
- Oracle Micros
- Revel Systems
- wiftPOS, Square Inc.
- TouchBistro
Point of Sale market research includes a thorough competitor study, operational background information, and SWOT analysis. According to the market study, they were able to increase their market share and global footprint through mergers and acquisitions, collaborations, joint ventures, partnerships, product launches, and agreements. The research examines macroeconomic and microeconomic variables that may affect market demand. The sector is anticipated to expand in the next years as a result of the use of cutting-edge technologies and industrial improvements.
The research study looks at COVID-19's present market position as well as regions with the potential for future growth. The market size, revenue, production, consumption, gross margin, pricing, and market-influencing factors are all covered in great detail in this research. The market is in-depth examined in the study for the relevant time frame. The report examines the main variables that are driving and inhibiting the Point of Sale industry, as well as present trends and untapped market potential.
Point of Sale Market Segmentation Analysis 2022
The Point of Sale market has been divided into segments based on product type, end use, and application, claims the market report. The market share and growth rate of each market segment are used to assign grades. The specialists also investigated a variety of industries that could benefit manufacturers in the upcoming years. Market research gives participants a thorough insight of the sector by providing precise value and volume projections. Data on market share, consumption, production, market attractiveness, and other pertinent criteria are used to assess the study's segments.
Major Segments and Sub-Segment of Point of Sale Market are Listed Below:
On The Basis of Application:
- Fixed POS
- Mobile POS
On The Basis of Deployment Mode:
- Cloud
- On-premise
On The Basis of Organization Size:
- Large Enterprise
- Small and Medium Enterprise (SME)
On The Basis of End-user:
- Restaurant
- Hospitality
- Healthcare
- Retail
- Warehouse
- Entertainment
- Others
In this study, the years considered to estimate the market size of Point of Sale are as follows:
- History Year: 2016-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Year 2022 to 2028
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Regional Analysis Covered in this report:
– North America [United States, Canada]
– Europe [Germany, France, U.K., Italy, Russia]
– Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
– Latin America [Mexico, Brazil, Argentina]
– Middle East & Africa [Turkey, Saudi Arabia, UAE]
Regional Analysis:
Demand for advanced payment technologies has grown in the country, leading to an increase in the adoption of contactless payment solutions and Near Field Communication (NFC). This has created a favorable environment for the expansion of the POS terminal market in the U.S.
The presence of large numbers of retail outlets, including Costco Wholesale Corporation, Wal-Mart, Target, The Home Depot and The Kroger Co., will increase the use and reach of Point-of-Sale (POS) terminals for managing payments, billing and inventory.
Competitive Scenario of Point of Sale Industry
The key market participants' company descriptions, growth goals, and business strategies are examined in the research. Its statistical study of the global Point of Sale market takes into account market share, CAGR, revenue, and other pertinent information. There are numerous market intelligence studies from various nations included in the report. We can add as many competitors as you want in the competitive study to help you meet your specific goals. Additionally, our analysts can supply unformatted Excel files, pivot tables, and help with developing presentations using the study's data sets.
Reasons to Buy the Point of Sale Market Report:
Our strategy recommendations are created to consistently and successfully address the diverse needs of market participants. Business people can gain from Point of Sale market research by becoming more aware of the competitive landscape and the main competitors' strategy. The findings of this study will aid market participants in improving their decisions and gaining a competitive edge.
This research paper provides detailed estimates of how each segment will contribute to the growth of the Point of Sale market as well as useful market statistics on how COVID-19 will affect each segment. The report's unique viewpoint and overview of the study's overall characteristics enable readers to make decisions that are more appropriate and right.
Frequently Asked Questions
- How big is the Point of Sale market?
- What is the Point of Sale market growth?
- Which segment accounted for the largest Point of Sale market share?
- Who are the key players in the Point of Sale market?
- What are the factors driving the Point of Sale market?
Table of Contents – Major Key Points
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Point Of Sale Market Segmentation, By Application
9. Point Of Sale Market Segmentation, By Deployment Mode
10. Point Of Sale Market Segmentation, By Organization Size
11. Point Of Sale Market Segmentation, By End-User
12. Regional Analysis
13. Company Profiles
14. Competitive Landscape
15. Conclusion
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