Increasing demand for contactless and cashless payments, the unification of in-store and online sales, employee and customer management, and the need to keep track of inventory has boosted the adoption of integrated Point-of-Sale (POS) terminals. Moreover, the retail, healthcare, hospitality, and other sectors have witnessed a digital transformation owing to technological advancements that have compelled the users to adopt point-of-sale terminals. The digital transformation and POS demand are also supported by the increasing use of the smartphone as a portable POS system.
The Top key vendors in Point of Sale (POS) System Market include are Ingenico, Verifone, Newland Payment, PAX, LIANDI, Xin Guo Du, Centerm, Bitel, New POS Tech, Castles Tech, SZZT, CyberNet
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POS terminals refer to electronic devices used for processing card payments, inventory management, printing bills, and implementing loyalty programs across various end-use verticals such as restaurants, hospitality, healthcare, retail, warehouse/distribution, and entertainment.
A high focus is maintained on factors such as demand and supply, production capacity, supply chain management, distribution channel, product application and performance across different countries. The report not only offers hard to find facts about the trends and innovation driving the current and future of Point of Sale (POS) System business, but also provides insights into competitive development such as acquisition and mergers, joint ventures, product launches and technology advancements.
A quick look at the industry trends and opportunities
The researchers find out why sales of Point of Sale (POS) System are projected to surge in the coming years. The study covers the trends that will strongly favor the industry during the forecast period, 2019 to 2025. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Point of Sale (POS) System industry.
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Application Outlook (Revenue, USD Million, 2016 – 2027)
Region wise performance of the Point of Sale (POS) System industry
This report studies the global Point of Sale (POS) System Market status and forecast, categorizes the global Point of Sale (POS) System Market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Key points from TOC
1 Industrial Chain Overview
1.1 Nitrile Butadiene Rubber (NBR) Powder Industry
Figure Nitrile Butadiene Rubber (NBR) Powder Picture List
1.1.2 Characteristics of Nitrile Butadiene Rubber (NBR) Powder
1.2.1 Major Materials
1.2.2 Manufacturing Overview
1.3 Product List By Type
1.3.1 Linear NBR Powder
1.3.2 Cross-linked NBR Powder
1.4 End-Use List
1.4.1 Demand in PVC Modification
1.4.2 Demand in Automotives
1.4.3 Demand in Buildings
1.4.4 Demand in Footwear
1.4.5 Demand in Consumer Goods
1.4.6 Demand in Others
1.5 Global Market Overview
1.5.1 Global Market Size and Forecast, 2016-2026
Figure Global Market Size and Forecast with Growth Rate, 2016-2026
1.5.2 Global Market Size and Forecast by Geography with CAGR, 2016-2026
Table Global Market Size and Forecast by Geography with Growth Rate, 2016-2026
1.5.3 Global Market Size and Forecast by Product Type with CAGR, 2016-2026
Table Global Market Size and Forecast by Type with Growth Rate, 2016-2026
1.5.4 Global Market Size and Forecast by End-Use with CAGR, 2016-2026
Table Global Market Size and Forecast by End-Use with Growth Rate, 2016-2026
2 Global Production & Consumption by Geography
2.1 Global Production & Consumption
2.1.1 Global Production
Figure Global Production Volume Status and Growth Rate, 2016-2020, in Volume
Table Global Production Volume Status and Growth Rate by Geography, 2016-2020, in Volume
Figure Global Production Amount Status and Growth Rate, 2016-2020, in Million USD
Table Global Production Amount Status and Growth Rate by Geography, 2016-2020, in Million USD
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This Point of Sale (POS) System Market report holds answers to some important questions like:
– What is the size of occupied by the prominent leaders for the forecast period, 2021 to 2025? What will be the share and the growth rate of the Point of Sale (POS) System Market during the forecast period?
– What are the future prospects for the Point of Sale (POS) System industry in the coming years?
– Which trends are likely to contribute to the development rate of the industry during the forecast period, 2021 to 2025?
– What are the future prospects of the Point of Sale (POS) System industry for the forecast period, 2021 to 2025?
– Which countries are expected to grow at the fastest rate?
– Which factors have attributed to an increased sale worldwide?
– What is the present status of competitive development?
However, the need for extensive government certifications, strict regulations, rising data security concerns, and unprecedented economic conditions are expected to challenge the POS terminals market growth. Non-compliance to Payment Card Industry Data Security Standards (PCI DSS) increases the probability of card data breaches, which could negatively impact customer trust and the reputation of the market. However, the use of ‘OmniShield Assure’ can protect card information through point-to-point encryption. This further reduces the risk of financial breach and minimizes the burden of PCI compliance.
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