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POS Terminals Market

The POS terminals market is primed to showcase significant growth through 2028 primarily owing to prevalent product adoption in key regions across the globe.

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POS Terminals Market

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  1. POS Terminals Market Expansion Projected to Gain an Uptick During 2022-2028 The POS terminals market is primed to showcase significant growth through 2028 primarily owing to prevalent product adoption in key regions across the globe. A point-of-sale (POS) terminal refers to a hardware system used for processing card payments at retail locations. The COVID-19 pandemic saw an upsurge in cashless and contactless transactions in varied industries. Subsequently, mounting demand for POS terminals worldwide has played a crucial role in business growth in recent years. The POS terminals market has been segregated in terms of product, technology, component, operating system, application, and region. From the product perspective, the market has been further divided into fixed and mobile. The mobile sub-segment is set to grow at a robust rate through 2028 owing to increasing R&D activities for technology development. Several companies are focusing on introducing new solutions to gain a competitive edge in the industry, which is set to fuel demand for mobile POS terminals. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of POS Terminals Industry © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- In terms of component, the POS terminals market has been segmented into software, hardware, and service. The service sub-segment is projected to garner a sizable revenue by the end of the assessment timeframe driven by growing concerns regarding the risk of data breach. End-users have been increasingly focusing on keeping the system up to date to avoid the exposure of confidential data to unauthorized third-party, which is anticipated to bolster segmental growth. On the basis of operating system, the market has been classified into MAC, Windows, and Linux. The POS terminals market share from the Linux sub-segment is estimated to witness substantial growth over the review timeline. Notably improvements in operating interface leading to enhanced user experience would encourage more customers to opt for Linux OS, which is foreseen to drive segmental demand in the coming years. The MAC sub-segment is speculated to record considerable expansion by 2028, delivering a steady CAGR through the study timeframe. Surging availability and accessibility of affordable MAC-based POS terminals across different industries are primed to expand the customer base and fuel segmental adoption in the upcoming time period. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/390 © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis Based on application, the POS terminals market has been bifurcated into hospitality, restaurants, retail, healthcare, entertainment, and warehouse/distribution. The restaurants sub-segment is poised to observe strong growth through 2028. The expansion of restaurant chains across the globe would promote product demand for remotely managing and monitoring multiple locations from a single platform, which is expected to impel segmental growth. The hospitality sub-segment is forecast to register significant growth through 2028. Mounting focus on reducing operational cost and improving efficiency of the facility is likely to boost the deployment of POS terminal across the hospitality sector. The healthcare sub-segment is estimated to exhibit optimistic progress over the analysis timeline propelled by rising focus on modernization of healthcare facilities for improving patient's data management. In the regional landscape, the South America POS terminals industry is projected to record notable expansion by 2028 on account of soaring demand for mobile POS terminals in the domestic retail sector for completing payments seamlessly. Meanwhile, the Middle East & Africa POS terminals market is slated to attain a sizable share in the global industry by the end of 2028. Request for customization:https://www.gminsights.com/roc/2921 © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Industry Background Complete table of contents@ https://www.gminsights.com/toc/detail/point-of-sale-pos-terminals-market © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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