POS Terminals Market Size Worth $108.46 Billion By 2025 | CAGR 7.8%

The global Point-of-Sale terminals market size was valued at USD 62.34 billion in 2018 and is projected to expand at a CAGR of 7.8% during the forecast years.

Posted on 2019-05-28 by researchinsights in Technology, Telecommunications // 0 Comments

San Francisco, United States, 2019-May-28 — /EPR Network/ —

The global point-of-sale terminals market size is expected to reach USD 108.46 billion by 2025 expanding at a CAGR of 7.8%, according to a new report by Grand View Research, Inc. The market is anticipated to witness substantial growth over the forecast period. Rising demand for POS terminal with multiple features, such as inventory management, CRM, employee scheduling, and reporting, in addition to payment processing will help boost market. Advancement in POS terminals is providing large-, as well as small-scale, businesses with greater flexibility, control, and intelligence than before.

Moreover, growing popularity of mobile POS terminal across different end-user industries, such as restaurant, retail, and hospitality, owing to its portability is expected to drive the market further. The fixed POS terminal segment held a significant share of the market in 2018. However, the mobile segment is expected to gain traction in the years to come. The cloud segment is anticipated to expand at the highest CAGR over the forecast period. The cloud devices have many benefits over physical POS systems, owing to their multiple functionalities and flexible pricing.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/point-of-sale-pos-terminals-market

Further key findings from the report suggest:

The global POS terminals market accounted for USD 62.34 billion in 2018 and is expected to register a CAGR of 7.8% from 2019 to 2025
Hardware emerged as the largest segment in 2018 and is estimated to reach USD 66.30 billion by 2025
The mobile POS segment is anticipated to witness the highest during over the estimated time period
Retail segment led the market in 2018 and is anticipated to maintain its dominance throughout the forecast years
The APAC market is expected to witness the maximum CAGR from 2019 to 2025 on account of rising product adoption due to rapidly expanding electronic payment industry
Growing retail and foodservice sectors in APAC and wide usage of mobile POS application for creating new payment platforms and marketing channels will also drive market
Some of the key companies include Ingenico Group; The NCR Corp.; VeriFone Systems, Inc.; PAX Technology, Inc.; Fujian Newland Payment Technology Co. Ltd.; Revel System, Inc.; Oracle Corp.; and ShopKeep

Related Report of Next Generation Technologies:

Grand View Research has segmented the global Point-of-Sale (POS) terminals market on the basis of product, component, deployment, application, and region:

POS Terminal Product Outlook (Revenue, USD Million, 2015 – 2025)

Fixed
Mobile

POS Terminal Component Outlook (Revenue, USD Million, 2015 – 2025)

Hardware
Software
Services

POS Terminal Deployment Outlook (Revenue, USD Million, 2015 – 2025)

On-Premise
Cloud

POS Terminal Application Outlook (Revenue, USD Million, 2015 – 2025)

Restaurant
Hospitality
Healthcare
Retail
Warehouse
Entertainment
Others

POS Terminal Regional Outlook (Revenue, USD Million 2015 – 2025)

North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
Latin America
- Brazil
- Mexico
MEA

Access Press Release of This Research Report by Grand View Research:
https://www.grandviewresearch.com/press-release/global-point-of-sale-terminals-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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