The Market research collection of Report Ocean now includes the newly added report titled “POS Terminal Market” Size, Scope, and Forecast 2023-2031.” Esteemed industry experts and researchers have provided an authoritative and succinct analysis of the market, covering crucial aspects such as growth factors, challenges, restraints, developments, and growth opportunities. This report offers a precise examination of the evolving dynamics and emerging trends in the market. Moreover, it presents a forward-looking outlook on the factors expected to drive the growth of POS Terminal Market in the forthcoming years.
Point of sale (POS) terminals are a combination of software and hardware that allows retail locations to accept card payments without updating their cash registers to read cards directly. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer, and indicates the options for the customer to make payment. Report Ocean estimates the global pos terminal market will total USD 14,175 million by 2028, an average annual growth of 6.1 percent during the forecast period, according to the latest edition of the Global POS Terminal Market Report.
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A release on June 8th, 2022, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2022.In April 2022, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2022, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID-19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2022 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on industries. resulting in a large market for POS Terminal Market.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global pos terminal market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the pos terminal industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, technology, compliance, end user, and region. The global market for pos terminal can be segmented by product: fixed POS terminals, mobile POS terminals. The fixed POS terminals segment was the largest contributor to the global pos terminal market in 2021. Pos terminal market is further segmented by technology: non-NFC POS terminals, NFC POS terminals. Based on compliance, the pos terminal market is segmented into: EMV terminal, non-EMV terminal. On the basis of end user, the pos terminal market also can be divided into: entertainment, healthcare, hospitality, restaurant, retail, warehouse. Pos terminal market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).
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By product:
fixed POS terminals
mobile POS terminals
By technology:
non-NFC POS terminals
NFC POS terminals
By compliance:
EMV terminal
non-EMV terminal
By end user:
entertainment
healthcare
hospitality
restaurant
retail
warehouse
By region:
North America
Asia Pacific
Europe
Rest of the World (ROW)
The report explores the recent developments and profiles of key vendors in the Global POS Terminal Market, including Bluebird Inc., Diebold Nixdorf, Inc., Fujian Newland Payment Technology Co., Ltd. (Newland NPT), Hewlett-Packard Inc., Ingenico Group S.A., NCR Corporation, NEC Corporation, NEW POS TECHNOLOGY LIMITED (NEWPOS), Panasonic Corporation, PAX Global Technology Ltd., Samsung Electronics Co., Ltd., Shenzhen Justtide Tech Co., Ltd., Shenzhen Kaifa Technology Co., Ltd., Shenzhen Xinguodu Technology Co., Ltd. (Xinguodu), SZZT Electronics Shenzhen Co., Ltd., Toshiba Tec Corporation, Vanstone Electronic (Beijing) Co., Ltd., VeriFone Holdings, Inc., among others.
Scope of the Report
To analyze and forecast the market size of the global pos terminal market.
To classify and forecast the global pos terminal market based on product, technology, compliance, end user, region.
To identify drivers and challenges for the global pos terminal market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global pos terminal market.
To identify and analyze the profile of leading players operating in the global pos terminal market.
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Why Choose This Report
Gain a reliable outlook of the global pos terminal market forecasts from 2022 to 2028 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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Research Methodology:
Research Objectives: This section provides an overview of the primary objectives of the research study, including the research questions and hypotheses that will be addressed.
Research Design: The subsequent section presents a comprehensive outline of the research design, including the chosen approach for the study (quantitative, qualitative, or mixed-methods), the methodologies employed for data collection (surveys, interviews, focus groups), and the sampling strategy utilized (random sampling, stratified sampling).
Data Collection: This section involves the collection of information from both primary and secondary sources. Primary sources encompassed the use of survey questionnaires and interview guides, while secondary sources included existing data from reputable publications and databases. The data collection procedures involved meticulous steps such as data cleaning, coding, and entry to ensure the accuracy and reliability of the collected data.
Data Analysis: Various methods were utilized to analyze the data, including statistical tests, qualitative coding, and content analysis.
Limitations: The study’s limitations encompass potential biases, errors in data sources, and overall constraints related to the data used in the research.
The report highlights the following key facts about the market:
- Compound Annual Growth Rate (CAGR) projected for the entire anticipated time range.
- Detailed insights into the factors that will drive market growth from 2023 to 2031.
- Accurate estimation of the market’s size and market share, with a particular focus on the parent market.
- Precise predictions of upcoming trends and changes in consumer behavior.
- Analysis of industry growth in North America, APAC, Europe, South America, the Middle East, and Africa.
- Comprehensive examination of the market’s competitive landscape, along with detailed data on vendors.
- Thorough analysis of the challenges faced by market suppliers in expanding their operations.
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