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Point of Sale Terminal Market

Global Point of Sale (Pos) Terminal Market Research Report, By Component (Hardware, Software, And Services), By Product Type (Fixed and Wireless), By Deployment (On-Cloud And On-Premises), And By End-User - Forecast Till 2023

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Point of Sale Terminal Market

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  1. Point of Sale Terminal Market Report- Forecast 2023 Point of Sale Terminal Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.

  2. Point of Sale Terminal Market Report- Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.

  3. Point of Sale Terminal Market Report- Forecast 2023 Summary The Point of Sale (POS) system is operated through POS software, which should also be compatible with the hardware used in the system. The POS software is developed with respect to specific industry verticals, which would facilitate to serve and record a huge amount of online transaction information. In retail, Point of Sale Terminal Market software facilitates the data to provide scalability with respect to identifying the products of different date ranges or units. The POS system is also integrated with inventory management system in the process to manage the proper availability of the products. In general, POS terminal offers flexibility, reliability, and more importantly transparency for smooth running of the business operation. However, most of POS systems are developed on generic operating systems such as Windows Embedded, Windows XP, and UNIX operating systems. These operating systems are vulnerable to cyber-attacks, which eventually lead to large- scale data breaches. Thus, lack of point to point encryption is considered to be a major challenge for the POS terminal market over the forecast period. Moreover, the surging demand for contactless payments, associated with an increase in adoption of NFC devices in the commercial and industrial sector is expected to drive the POS terminal market. Additionally, the evolution of chip-based payment solution and personal identification number (PIN) is presumed to lower security threats that result in driving the demand for POS terminal market over the forecast period. P a g e | 3 Copyright © 2017 Market Research Future.

  4. Point of Sale Terminal Market Report- Forecast 2023 Major Key Players: Some of the key players of wireless POS terminal market include Ingenico (France), Verifone (U.S.), First Data (U.S.), Winpos (Finland), BITEL (Korea), Cegid Group (France), Moneris (Canada), Elavon (U.S.), Castles Technology (Taiwan),Newland Payment Technology (China), CITIXSYS AMERICAS (U.S.), Touchbistro (Canada), PAX Global Technology (Hong Kong), NCR Corporation (U.S.), Diebold Nixdorf (U.S.), Squirrel Systems (Canada), and BBPOS (Hong Kong). P a g e | 4 Copyright © 2017 Market Research Future.

  5. Point of Sale Terminal Market Report- Forecast 2023 Segmentation: The POS terminal market is differentiated by component, product type, deployment, and end-user. By component, the POS terminal market is sub-segmented as hardware, software, and services. Based on hardware, the market is categorized as mobile devices such as tablets and smartphones synchronized with a debit/credit card reader, cash drawers, monitors, and others. Based on services, the segment is categorized as professional services and managed services. On the basis of deployment, the market is segmented as on-premises and on-cloud. Furthermore, by the product, the POS terminal is classified as fixed terminal and wireless POS terminal. Based on end-user, the market is classified as retail, warehouse, healthcare, restaurants, hospitality, entertainment, and others. P a g e | 5 Copyright © 2017 Market Research Future.

  6. Point of Sale Terminal Market Report- Forecast 2023 Regional Analysis: Geographically, the Wireless POS Terminal market are categorized into four different regions such as North America, Asia Pacific, Europe and the Rest of the World. North America is expected to be a prominent region in the wireless POS terminal market over the forecast period. The U.S. and Canada are the leading countries in the region attributed to the rising enhancement in payment industry associated increase in solution providers specifically concentrated on customized or business- specific solutions. In the light of these factors, the Wireless POS Terminal market is anticipated to be driven over the review period 2017-2023. Owing to, rising awareness for online transaction particularly in retail and e-commerce sector, Asia Pacific region is expected to be the fastest growing region in wireless POS terminal market over the forecast period 2017-2023. Additonally, India is expected to be the fastest growing economy for the wireless POS terminal attributed to post demonetization effects. P a g e | 6 Copyright © 2017 Market Research Future.

  7. Point of Sale Terminal Market Report- Forecast 2023 q (Germany) are focusing on the digital utilities transformation. P a g e | 7 Copyright © 2017 Market Research Future.

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