Global retail point of sale market size is expected to reach USD 43.79 Billion at a steady CAGR of 13.8% in 2028, according to latest analysis by Emergen Research. Changing customer preference for cashless transactions at retail stores, convenience of paper-less billing, and reduced need for manual effort are some key factors driving growth of the global retail point of sale system market currently.
Modern point of sale systems are designed to sync with third-party software systems. These are tailored with features such as membership programs that award points to regular buyers and offer discounts on future purchases. The retail point of sale has its own vulnerabilities and the software is prone to phishing, and hackers can infiltrate and gain access to valuable and confidential information such as credit card details of customers. Data security concerns is a key factor expected to continue to hamper growth of the market to a certain extent going ahead.
The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Retail Point of Sale market analysis provides everything a business owner needs in order to succeed.
Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
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Scope of the report: Retail Point of Sale Market
To help gain the business owner further gain business intelligence the study on the Retail Point of Sale market for the forecast period 2020 – 2028 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. A thorough assessment of market performance across different regions is presented through self-explanatory graphic images, charts, and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.
North America accounted for largest revenue share in 2020 due to increasing adoption of POS technology in countries in the region. Growing interest in enhanced service delivery, non-cash transactions among consumers, and increased data visibility through cloud point of sale systems are some key factors expected to fuel growth of the market in the region going ahead.
Key players in the market include Hewlett-Packard Inc., Micros Systems Inc., Cisco Systems Inc., NEC Corporation, Panasonic Corporation, Epicor Software Corporation, Ingenico Group, Samsung Electronics Co. Ltd, VeriFone Systems Inc., and Toshiba Tec Corporation.
You Can Download Free Sample PDF Copy of Retail Point of Sale Market at https://www.emergenresearch.com/request-sample/556
Important Points Mentioned in the Retail Point of Sale Market Study
Manufacturing Analysis: The report initially analyzes the various segments of the market in a brief manner, which includes product types, applications, and so on. Further, the report consists of a separate section wherein an in-depth analysis of the manufacturing process has been provided which has been verified thorough primary information collected by experts of reputed industries as well as the industry analysts.
Sales and Revenue Estimation: By applying several top-down and bottom-up approaches on the previous years’ sales and revenue data as well as the present market scenario, the analysts have anticipated the market growth and size in major geographies. The report further includes an all-inclusive study on the applications and end-user industries participating in the market. Furthermore, the report provides crucial data on the regulatory policies and guidelines, as well as the macro-economic factors, that determine the evolution of the market along with predictive analysis.
Demand & Supply Assessment: The report further offers key information on the manufacturing and cost analysis, consumption ration, import/export factors, and product and service distribution.
Competitiveness: The report provides crucial data based on the company profile, product portfolio, product and service cost, potential, and sales and revenue generated by the key pioneers and other leading companies.
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Emergen Research has segmented the global retail point of sale market on the basis of component, product, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Hardware
Software
Services
Product Outlook (Revenue, USD Billion; 2018–2028)
Mobile POS Terminals
Fixed POS Terminals
End-use Outlook (Revenue, USD Billion; 2018–2028)
Specialty Stores
Supermarkets/Hypermarkets
Grocery Stores
Gas Stations
Others
Regional scope: – North America; Europe; Asia Pacific; Central & South America; MEA
Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the Retail Point of Sale market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Retail Point of Sale market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2028?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Retail Point of Sale market growth worldwide?
Subject matter experts conducting the study also take a closer look at the products at their development stage and in the pipeline to help business owners conclude on the business strategies that can lower their cost and promise great returns or profits. Strong emphasis on new launches, acquisition and mergers, collaboration, import and export status and supply chain management empowers the business evangelists, manufacturers and business owners build a robust strategy when it comes to making an investment.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2028
Chapter 3. Key Insights
Chapter 4. Retail Point of Sale Market Segmentation & Impact Analysis
4.1. Retail Point of Sale Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. The rising tissue engineering market
4.2.2.2. Increasing developments in nanotechnology
4.2.2.3. Increasing aging population
4.2.2.4. Growing investment in research
4.2.3. Market restraints analysis
4.2.3.1. Strict medical standards
4.2.3.2. Stringent regulatory guidelines
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Retail Point of Sale Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Retail Point of Sale Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Retail Point of Sale Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Retail Point of Sale Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. Retail Point of Sale Market Regional Outlook
Chapter 10. Competitive Landscape
Continued…