The demand for Point of Sale (POS) terminals has experienced an upsurge in the last few years. Changing the payment landscape across different end-use verticals has increased the adoption of debit and credit cards, which, in turn, is supporting demand for POS terminals globally. Slowly but steadily, the worldwide payment industry (issuers and merchants) is shifting towards EMV (Europay MasterCard Visa) chip card technology, thereby replacing the conventional magnetic-stripe bank cards. This shift towards EMV chip card payment can be majorly credited to the growing desire to reduce rising incidences of card frauds in ‘card-present’ transactions, and ensure safer transactions across both contact and contactless channels.
According to the recent report published by Research Corridor, the Global Point of Sale (POS) Terminals Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. This latest industry research study analyzes the Point of Sale (POS) Terminals market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.
The report titled “Point of Sale (POS) Terminals Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2020 – 2027” offers a holistic view of the Point of Sale (POS) Terminals industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Point of Sale (POS) Terminals market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies
Point of Sale (POS) Terminals Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The global Pont-of-Sale (POS) terminals market is segmented into four major categories, namely product type, component, end-use, and geography. Based on product type, the global POS terminal market is categorized into fixed POS terminals and mobile POS terminals. Similarly, on the basis of end-use, the global POS terminal market is segmented into hospitality, restaurant, retail, healthcare, entertainment, and warehouse among others.
The Point of Sale (POS) Terminals Market Segmentation:
By Product, 2018–2027 ($ Million)
By Component, 2018–2027 ($ Million)
By End-use, 2018–2027 ($ Million)
By Region, 2018–2027 ($ Million)
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