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The POS terminals market size will grow by almost USD 3.2 billion during 2019-2023. This report analyses the market based on product (fixed and mobile) and end-user (retail and hospitality).
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The global EMV POS terminals market research report released by Technavio, the market is expected to post a CAGR of almost 10% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Looking for more information on this market? Request a free sample report The global EMV POS terminals market analysis categorizes the market into the following end- users: Retail Hospitality In 2016, the retail segment accounted for around 66% of the EMV POS terminals market share and is expected to decline to almost 63% share by 2021, exhibiting almost 3% decrease in market share. • • Global EMV POS terminals market: Top emerging trend The increasing number of mobile devices with NFC is an emerging trend in the EMV POS terminals market. There has been an increase in the number of smart devices, including smartwatches, smartphones, and smart wristbands that have NFC capabilities incorporated in them. There were approximately 935.61 million mobile devices and portable smart devices with NFC technology in 2016. The increased awareness about the benefits of contactless payments has led to a higher adoption of contactless POS terminals by merchants. Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. This report is available at a USD 1,000 discount for a limited time only:View market snapshot before purchasing Technavio’s report provides expert market research on the following topics: Executive Report
Market Outline Global EMV POS Terminals Market Overview Market Insights • • Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends Market Segmentation Analysis • • • • Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by end-user (retail and hospitality) Market segmentation by product (mobile EMV POS and fixed EMV POS) Vendor Landscape • • • • Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Ingenico, PAX Technology, SZZT Technology, and Verifone) • • • • Browse Full Report - http://bit.ly/2LgJ0Ux