Point-of-Sale (POS) Terminals Market Growth, Size, Segment To 2024 by Dhanashree

POS Terminals Market Size To Reach $113.27 Billion By 2024

The global POS terminals market is expected to reach USD 113.27 billion by 2024, according to a new report by Grand View Research, Inc. The introduction of chip-embedded payment cards and personal identification number (PIN) has minimized security concerns relating to sensitive data theft, which is projected to drive the POS industry over the forecast period. These terminals have a range of applications including inventory management, printing bills, payments, and carrying out loyalty programs, thus leading to their increasing adoption across various end-use verticals. They offer efficient flow control coupled with customer satisfaction, which is expected to favorably impact the consumption. The ubiquitous wireless connectivity, including Bluetooth, combined with the availability of peripheral devices, card readers, scanners, mobile printers, and multiple platform support, is projected to drive demand over the forecast period. The widespread affordability and availability of smartphones and tablets have witnessed a considerable increase over the past few years. It is estimated that across the globe, the number of smartphone and tablet users would reach over 6 billion and 1.40 billion respectively by 2020, thus driving demand for the POS products.

The industry is steadily migrating toward the digital format with electronic signature capture and e-mail receipts, enabling paper-free transactions and consequently, offering lucrative growth opportunities by 2024. However, the migration of the global payment industry toward more secure chip card technology can hamper the demand. View summary of this report @ http://www.grandviewresearch.com/industryanalysis/point-of-sale-pos-terminals-market

U.S. POS terminals market by application, 2013 - 2024 (USD Million)

Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. POS terminals- Industry snapshot and key buying criteria, 2013 - 2024 Chapter 3. POS Terminals Industry Outlook 3.1. Market segmentation 3.2. Market size and growth prospects 3.3. POS terminals - Value chain analysis 3.3.1. Vendor landscape 3.4. POS terminals- Technology roadmap

3.5. POS terminals market dynamics 3.5.1. Market driver analysis 3.5.1.1. Increasing demand for mobile POS terminals 3.5.1.2. Surge in affordable wireless communication technologies 3.5.1.3. Increased demand from end-use industries 3.5.2. Market restraint analysis 3.5.2.1. Lack of standardization 3.5.2.2. Data security concerns 3.6. Key opportunities prioritized 3.7. Industry analysis - Porter's 3.8. POS terminals company market share, 2015 3.8.1. Market strategy overview 3.9. POS terminals market PESTEL analysis, 2015 Chapter 4. POS Terminals Product Outlook 4.1. Fixed 4.1.1. Global market estimates and forecasts, 2013 - 2024 4.2. Mobile 4.2.1. Global market estimates and forecasts, 2013 - 2024 Chapter 5. POS Terminals Component Outlook 5.1. Hardware 5.1.1. Global market estimates and forecasts, 2013 - 2024 5.2. Software 5.2.1. Global market estimates and forecasts, 2013 - 2024 Chapter 6. POS Terminals Application Outlook 6.1. Restaurants 6.1.1. Global market estimates and forecasts, 2013 - 2024 6.2. Hospitality 6.2.1. Global market estimates and forecasts, 2013 - 2024 6.3. Healthcare 6.3.1. Global market estimates and forecasts, 2013 - 2024 6.4. Retail 6.4.1. Global market estimates and forecasts, 2013 - 2024 6.5. Warehouse 6.5.1. Global market estimates and forecasts, 2013 - 2024 6.6. Entertainment 6.6.1. Global market estimates and forecasts, 2013 - 2024 Chapter 7. POS Terminals Regional Outlook 7.1. North America 7.1.1. POS terminals market byproduct, 2013 - 2024

7.1.2. POS terminals market by component, 2013 - 2024 7.1.3. POS terminals market by application, 2013 - 2024 7.1.4. U.S. 7.1.4.1. POS terminals market byproduct, 2013 - 2024 7.1.4.2. POS terminals market by component, 2013 - 2024 7.1.4.3. POS terminals market by application, 2013 - 2024 7.1.5. Canada 7.1.5.1. POS terminals market by product, 2013 - 2024 7.1.5.2. POS terminals market by component, 2013 - 2024 7.1.5.3. POS terminals market by application, 2013 - 2024 7.2. Europe 7.2.1. POS terminals market by product, 2013 - 2024 7.2.2. POS terminals market by component, 2013 - 2024 7.2.3. POS terminals market by application, 2013 - 2024 7.2.4. Germany 7.2.4.1. POS terminals market by product, 2013 - 2024 7.2.4.2. POS terminals market by component, 2013 - 2024 7.2.4.3. POS terminals market by application, 2013 - 2024 7.2.5. UK 7.2.5.1. POS terminals market by product, 2013 - 2024 7.2.5.2. POS terminals market by component, 2013 - 2024 7.2.5.3. POS terminals market by application, 2013 - 2024 7.3. Asia Pacific 7.3.1. POS terminals market by product, 2013 - 2024 7.3.2. POS terminals market by component, 2013 - 2024 7.3.3. POS terminals market by application, 2013 - 2024 7.3.4. China 7.3.4.1. POS terminals market by product, 2013 - 2024 7.3.4.2. POS terminals market by component, 2013 - 2024 7.3.4.3. POS terminals market by application, 2013 - 2024 7.3.5. India 7.3.5.1. POS terminals market by product, 2013 - 2024 7.3.5.2. POS terminals market by component, 2013 - 2024 7.3.5.3. POS terminals market by application, 2013 - 2024 7.3.6. Japan 7.3.6.1. POS terminals market by product, 2013 - 2024 7.3.6.2. POS terminals market by component, 2013 - 2024 7.3.6.3. POS terminals market by application, 2013 - 2024 7.4. Latin America

7.4.1. POS terminals market by product, 2013 - 2024 7.4.2. POS terminals market by component, 2013 - 2024 7.4.3. POS terminals market by application, 2013 - 2024 7.4.4. Brazil 7.4.4.1. POS terminals market by product, 2013 - 2024 7.4.4.2. POS terminals market by component, 2013 - 2024 7.4.4.3. POS terminals market by application, 2013 - 2024 7.4.5. Mexico 7.4.5.1. POS terminals market by product, 2013 - 2024 7.4.5.2. POS terminals market by component, 2013 - 2024 7.4.5.3. POS terminals market by application, 2013 - 2024 7.5. MEA 7.5.1. POS terminals market by product, 2013 - 2024 7.5.2. POS terminals market by component, 2013 - 2024 7.5.3. POS terminals market by application, 2013 - 2024 Chapter 8. Competitive Landscape 8.1. Cisco Systems Inc. 8.1.1. Company Overview 8.1.2. Financial Performance 8.1.3. Product Benchmarking 8.1.4. Strategic Initiatives 8.2. Hewlett-Packard 8.2.1. Company Overview 8.2.2. Financial Performance 8.2.3. Product Benchmarking 8.2.4. Strategic Initiatives 8.3. Ingenico S.A 8.3.1. Company Overview 8.3.2. Financial Performance 8.3.3. Product Benchmarking 8.3.4. Strategic Initiatives 8.4. MICROS Systems Inc. 8.4.1. Company Overview 8.4.2. Financial Performance 8.4.3. Product Benchmarking 8.4.4. Strategic Initiatives 8.5. NEC Corporation 8.5.1. Company Overview 8.5.2. Financial Performance

8.5.3. Product Benchmarking 8.5.4. Strategic Initiatives 8.6. Panasonic Corporation 8.6.1. Company Overview 8.6.2. Financial Performance 8.6.3. Product Benchmarking 8.6.4. Strategic Initiatives 8.7. PAX Technology 8.7.1. Company Overview 8.7.2. Financial Performance 8.7.3. Product Benchmarking 8.7.4. Strategic Initiatives 8.8. Samsung Electronics 8.8.1. Company Overview 8.8.2. Financial Performance 8.8.3. Product Benchmarking 8.8.4. Strategic Initiatives 8.9. Toshiba Corporation 8.9.1. Company Overview 8.9.2. Financial Performance 8.9.3. Product Benchmarking 8.9.4. Strategic Initiatives 8.10. Verifone Systems Inc. 8.10.1. Company Overview 8.10.2. Financial Performance 8.10.3. Product Benchmarking 8.10.4. Strategic Initiatives

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List of Tables 1. POS terminals - Industry snapshot & key buying criteria, 2013 - 2024 2. Global POS terminals market, 2013 - 2024 (USD Million) 3. Global POS terminals market by region, 2013 - 2024 (USD Million) 4. Global POS terminals market by product, 2013 - 2024 (USD Million) 5. Global POS terminals market by component, 2013 - 2024 (USD Million)

6. Global POS terminals market by application, 2013 - 2024 (USD Million) 7. Global fixedPOS terminals market, 2013 - 2024 (USD Million) 8. Global fixedPOS terminals market by region, 2013 - 2024 (USD Million) 9. Global mobilePOS terminals market, 2013 - 2024 (USD Million) 10. Global mobilePOS terminals market by region, 2013 - 2024 (USD Million) 11. Global hardware POS terminals market, 2013 - 2024 (USD Million) 12. Global hardware POS terminals market by region, 2013 - 2024 (USD Million) 13. Global softwarePOS terminals market, 2013 - 2024 (USD Million) 14. Globalsoftware POS terminals market by region, 2013 - 2024 (USD Million) 15. Global POS terminals demand in restaurants, 2013 - 2024 (USD Million) 16. Global POS terminals demand in restaurants by region, 2013 - 2024 (USD Million) 17. Global POS terminals demand in hospitality, 2013 - 2024 (USD Million) 18. Global POS terminals demand in hospitality by region, 2013 - 2024 (USD Million) 19. Global POS terminals demand in healthcare, 2013 - 2024 (USD Million) 20. Global POS terminals demand in healthcare by region, 2013 - 2024 (USD Million) 21. Global POS terminals demand in retail, 2013 - 2024 (USD Million) 22. Global POS terminals demand in retail by region, 2013 - 2024 (USD Million) 23. Global POS terminals demand in warehouse, 2013 - 2024 (USD Million) 24. Global POS terminals demand in warehouse by region, 2013 - 2024 (USD Million) 25. Global POS terminals demand in entertainment, 2013 - 2024 (USD Million) 26. Global POS terminals demand in entertainment by region, 2013 - 2024 (USD Million) 27. Global POS terminals demand in other applications, 2013 - 2024 (USD Million) 28. Global POS terminals demand in other applications by region, 2013 - 2024 (USD Million) 29. North America market by product, 2013 - 2024 (USD Million) 30. North America market by component, 2013 - 2024 (USD Million) 31. North America market by application, 2013 - 2024 (USD Million) 32. U.S. market by product, 2013 - 2024 (USD Million) 33. U.S. market by component, 2013 - 2024 (USD Million) 34. U.S. market by application, 2013 - 2024 (USD Million) 35. Canada market by product, 2013 - 2024 (USD Million) 36. Canada market by component, 2013 - 2024 (USD Million) 37. Canada market by application, 2013 - 2024 (USD Million) 38. Europe market by product, 2013 - 2024 (USD Million) 39. Europe market by component, 2013 - 2024 (USD Million) 40. Europe market by application, 2013 - 2024 (USD Million) 41. Germany market by product, 2013 - 2024 (USD Million) 42. Germany market by component, 2013 - 2024 (USD Million) 43. Germany market by application, 2013 - 2024 (USD Million) 44. UK market by product, 2013 - 2024 (USD Million) 45. UK market by component, 2013 - 2024 (USD Million) 46. UK market by application, 2013 - 2024 (USD Million) 47. Asia Pacific market by product, 2013 - 2024 (USD Million) 48. Asia Pacific market by component, 2013 - 2024 (USD Million) 49. Asia Pacific market by application, 2013 - 2024 (USD Million) 50. China market by product, 2013 - 2024 (USD Million)

51. China market by component, 2013 - 2024 (USD Million) 52. China market by application, 2013 - 2024 (USD Million) 53. India market by product, 2013 - 2024 (USD Million) 54. India market by component, 2013 - 2024 (USD Million) 55. India market by application, 2013 - 2024 (USD Million) 56. Japan market by product, 2013 - 2024 (USD Million) 57. Japan market by component, 2013 - 2024 (USD Million) 58. Japan market by application, 2013 - 2024 (USD Million) 59. Latin America market by product, 2013 - 2024 (USD Million) 60. Latin America market by component, 2013 - 2024 (USD Million) 61. Latin America market by application, 2013 - 2024 (USD Million) 62. Brazil market by product, 2013 - 2024 (USD Million) 63. Brazil market by component, 2013 - 2024 (USD Million) 64. Brazil market by application, 2013 - 2024 (USD Million) 65. Mexico market by product, 2013 - 2024 (USD Million) 66. Mexico market by component, 2013 - 2024 (USD Million) 67. Mexico market by application, 2013 - 2024 (USD Million) 68. MEA market by product, 2013 - 2024 (USD Million) 69. MEA market by component, 2013 - 2024 (USD Million) 70. MEA market by application, 2013 - 2024 (USD Million)

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List of Figures 1. POS terminals market segmentation 2. Global POS terminals market, 2013 - 2024 (USD Million) 3. POS terminals value chain analysis 4. POS terminals market dynamics 5. Key Opportunities Prioritized 6. Industry Analysis - Porterâ&#x20AC;&#x2122;s 7. POS terminals - Company market share analysis, 2015 8. POS terminals - PESTEL analysis, 2015 9. POS terminals market share by product, 2015 & 2024 10. POS terminals market share by component, 2015 & 2024 11. POS terminals market share by application, 2015 & 2024 12. POS terminals market share by region, 2015 & 2024

Further key findings from the report suggest: 



In 2015, the fixed POS terminal accounted for over 70% of the revenue share. However, the low-cost availability of mPOS terminals has made them a feasible payment acceptance solution for the business owners. In the U.S., restaurants outlets are increasingly embracing tablets (iPad or non-iPad based POS) as a preferred mode of conducting transactions. The mobile point-of-sales industry is expected to reach over USD 55 billion by 2024. These products are primarily used for better user experience and mobility, making use of technologies such as GPRS, 802.11, CDMA, and Wi-Fi for communication. The hardware segment accounted for a share of over 89% and had further been projected to remain the largest revenue contributor to the POS terminals industry. The software segment, on the other hand, is expected to witness a significant demand by 2024.The growing need for customized systems, facilitated with the help of the POS software, is expected to be the key growth opportunity for companies operating inthe industry. The healthcare sector is estimated to offer prominent growth opportunities, growing at a CAGR of nearly14.0% from 2016 to 2024. The growing need to streamline payment practices is determined to drive demand across this sector. The retail sector is projected to reach over USD 30.5 billion by 2024. The ability of mobile POS for collecting customer data and storing it in a CRM, as well as up-selling and cross-selling along with payment processing, are some of the key factors driving demand for the mPOS terminals across the retail sector. The Asia Pacific POS terminals market is projected to grow at a CAGR of 13.6% from 2016 to 2024. China’s banking industry is accelerating the migration of EMV from magnetic stripe cards to IC cards, thus driving demand across this region. Over 40% of India’s mobile users use smartphones for online banking and financial activities, offering prominent growth opportunities. Notable companies operating in the POS terminals market include Toshiba Corporation, Panasonic Corporation, Samsung Electronics Co Ltd., Verifone Systems, Ingenico S.A, and PAX Technology. The industry is characterized by the extensive R&D investment in order to obtain a competitive advantage, which is expected to result in frequent acquisitions and strategic alliances.

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Grand View Research has segmented the POS terminals market on the basis of product, component, application, and region: POS Terminals Product Outlook (Revenue, USD Million, 2013 - 2024)

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Fixed Mobile

POS Terminals Component Outlook (Revenue, USD Million, 2013 - 2024)  

Hardware Software

POS Terminals Application Outlook (Revenue, USD Million, 2013 - 2024)      

Restaurants Hospitality Healthcare Retail Warehouse Entertainment

POS Terminals Regional Outlook (Revenue, USD Million, 2013 - 2024) 



North America  U.S.  Canada Europe  Germany  UK Asia Pacific  China  India  Japan Latin America  Brazil  Mexico MEA

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