LAS VEGAS, Nov. 22, 2017 (GLOBE NEWSWIRE) -- In 2012, the global POS terminals market was evaluated around USD 28 billion and is expected to reach approximately USD 84.53 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 11.68% over the forecast period. The market has experienced a major turnaround, due to the extensive expansion of POS terminal solutions and a variety of technological innovations happening at a rapid pace. The rising demands for incorporated POS, the proliferation of NFC devices, along with the demand for contactless payments in the industrial network are anticipated to fuel the global market. Amplified funding in the line bursting technology is predicted to act as a vital factor in boosting the market demand. Though, the requirement for extended government regulations and certifications, combined with data security concerns, is likely to restrain the growth of the market. The refusal to PCI Data Security Standards (DSS) enhances the possibility of card data breaches, which ensues in the financial and non-financial impacts, involving the loss of client trust and status of the company.
Scope of the Report
This report focuses on the Point-of-Sale (POS) Terminals in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. This report covers collaborations in the field along with new product launches, competitive landscape analysis listing out the mergers, acquisitions, comparative financial studies and recent strategic developments in the market by the major companies.
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The report Point-of-Sale (POS) Terminals Market render a wide-ranging analysis of the said market in terms of product, regional, application and end user segmentation. The report comprises of the present market size of this industry. Also, the potential outlooks and current market summary of this segment has been thoroughly analyzed in this report. Moreover, chief market players of the Point-of-Sale (POS) Terminals Market are studied on various factors like product portfolio, company profile, sales analysis, revenue generation through the forecast period.
Major Market Players
- MICROS Systems
- Ingenico S.A.
- PAX Technology
- Verifone Systems
- HP Company
- Panasonic Corporation
- Cisco Systems
- Toshiba Corporation
- Samsung Electronics
- NEC Corporation
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Table of Contents
- Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research - Executive Summary
2.1. Key Highlights - Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Demand for Mobile POS Terminals
3.2.1.2. Surge in Affordable Wireless Communication Technologies
3.2.1.3. Increased Demand from End-Use Industries
3.2.2. Restraints
3.2.2.1. Lack of Standardization
3.2.2.2. Data security concerns
3.2.3. Opportunities
3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities - Point-of-Sale (POS) Terminals Market, By Application
- Point-of-Sale (POS) Terminals Market, By Region
- Company Profiles
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Efficiency of this Report
The report Point-of-Sale (POS) Terminals Market by Manufacturers focuses on fundamental segments of this sector. This report consists of Segment wise in-depth analysis in terms of product, application and end user along with market size forecasts and estimations to perceive significant areas of industry growth in detail. Additionally, an executive summary, condensing the entire report in such a way that decision-making team can swiftly become familiar with background information, summarizing analysis and main conclusions.
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