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The POS terminals market size might exceed USD 140 billion by 2027.POS terminals are being utilized in the hospitality and merchandising sector to enable transactions from a central location. <br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/390
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Key Insights from POS Terminals Market: • The POS terminals market size might exceed USD 140 billion by 2027.POS terminals are being utilized in the hospitality and merchandising sector to enable transactions from a central location. With rising demand for advanced systems that are integrated with CRM and other financial solutions, the market is expected to expand in the coming years. In the past few years, the industry has showcased exponential growth in view of prompt adoption of online payment services. POS terminals are also highly adopted by businesses to improve ease of access and increase return on investment. • Point of sale terminals has countless benefits for small businesses. They can not only help manage day-to-day sales and inventory but also can help grow businesses with their built-in marketing software, as well as provide business intelligence, subsequently increasing store profitability. A POS system also offers built-in inventory management software and can create loyalty programs for valued customers. • The demand for safe and reliable digital transactions has increased lately in view of rise in fraudulent activities worldwide. With EMV-enabled POS terminals, payment-related fraud can be reduced as these systems can provide protection against card counterfeiting and skimming. POS terminals can help in securing the information of patients in hospitals.
Regional Insights in POS Terminals Market: • Based on regional point of view, the North America POS terminals market is estimated to witness significant growth over the forecast period primarily attributed to budding adoption of POS terminals in the retail sector. Retailers including Amazon.com Inc., Walmart Inc., and Costco Wholesale Corporation are constantly focusing on expanding their presence in the e-commerce and retail sector. For instance, in July 2020, Walmart Inc. announced plans to invest USD 3.5 billion to upgrade its distribution and enhance in-store experiences in Canada. This expansion will boost the adoption of POS terminals for secure and convenient payment transactions.
Latest Research Report On POS Terminals Market @ https://www.gminsights.com/industry-analysis/point-of-sale-pos-terminals-market Request for a sample of this research report @https://www.gminsights.com/request-sample/detail/390
Major Companies in POS Terminals Market: • VeriFone Holdings Inc. • NCR Corporation • Ingenico Group • Diebold Nixdorf • Panasonic Corporation • Square Inc. • PAX Technology • Toshiba Corporation • Micros Systems, Inc. • NEC Corporation
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