Point Of Sale (Pos) Terminal Market Research Report- Forecast to 2027

Global Point Of Sale (Pos) Terminal Market Research Report, By Component (Hardware, Software, And Services), By Product Type (Fixed And Wireless), By Deployment (On-Cloud And On-Premises), And By End-User - Forecast Till 2027

ID: MRFR/SEM/4180-HCR | February, 2021 | Region : Global

Synopsis of Global POS Terminal Market


Market Scenario


Point of Sale (POS) terminal is a digital electronic device operated through the integration of software and hardware that facilitate at retail outlets to receive card payments without any use of their cash registers to read cards directly. The implementation cost of POS terminals differs with organizational size and the conditions offered by the suppliers. The small retailers or merchant may not necessarily have to pay a rent for operating the POS devices and the customers do not have to pay any extra fee for using the service of POS terminal. In other words, the point of sale is a broader concept that involves displays and devices to engage online transactions with the help of computers, barcode scanners, and cash register.


Majorly, the POS  terminal are operated through two types of product. Wired or Fixed POS  terminal and mobile or wireless POS  terminal. The wired POS terminal is very convenient to operate. POS terminals accept all types of cards, debit and credit card associated with different types of payments such as magnetic stripe cards, chip cards, and contactless cards.These cards require high internet connectivity for fast transaction process. On the other hand, the wireless POS  terminal is handy and portable to use. The wireless POS  terminal is extensively used in hotels & hospitality, retail outlets, small vendors and many more. The wireless POS  terminal majorly uses 3G technology to connect to the network for online transactions.


However, increase in cyber-threat and growing security concerns are expected to be a major challenge for the POS terminal market over the next few years.


POS Terminal Market, 2017-2023 (USD Billion)


 POS Terminal Market


Source: MRFR Analysis


The global POS terminal market is expected to reach over approximately USD 87 billion by 2023 growing at a 9% CAGR over the forecast period 2017-2023


Key Players


Some of the key players of POS  Terminal market include Ingenico S.A. (France), Verifone Systems (U.S.), PAX Technology (Hong Kong), HP Company (U.S), Cisco Systems (U.S), Elavon (U.S.), Castles Technology (Taiwan), Newland Payment Technology (China), Panasonic Corporation (Japan), CITIXSYS AMERICAS (U.S.), Touchbistro (Canada), NCR Corporation (U.S.), Diebold Nixdorf (U.S.), Zebra technologies (U.S.), Squirrel Systems (Canada), and BBPOS  (Hong Kong).


Segmentation


The POS terminal market is differentiated by component, product type, deployment, and end-user.


By component, the POS terminal market is sub-segmented as hardware, software, and services. Based on hardware, the market is categorized as mobile devices such as tablets and smartphones synchronized with a debit/credit card reader, cash drawers, monitors, and others. Based on services, the segment is categorized as professional services and managed services. On the basis of deployment, the market is segmented as on-premises and on-cloud. Furthermore, by the product, the POS terminal is classified as fixed terminal and wireless POS terminal. Based on end-user, the market is classified as retail, warehouse, healthcare, restaurants, hospitality, entertainment, and others.


Regional Analysis


Geographically, the point of sale (POS ) terminal is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World.


North America is presumed to have a significant growth in the point of sale terminal market. The United States and Canada are leading countries in the region. This is due to advanced infrastructure in the region.  Europe is also expected to have a gradual growth in the market. The United Kingdom, France and Germany are expected to be leading countries in the market owing to mature markets in the region. Asia Pacific is particularly, is presumed to be the fastest growing region in the Point of Sale terminal market over the forecast period. India, Japan, and China are the leading countries in the point of sale terminal market. Owing to, increased awareness campaigns by government to promote the cashless economy.


Target Audience



  • Research Firms.

  • Government Agencies

  • Point of Sale terminal Service Providers

  • Associations, organizations, forums and alliances related to Point of Sale terminal

  • Software solution providers

  • Educational Institution, University and Research Organization.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global POS Terminal Market

5 Industry Overview of Global POS Terminal Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global POS Terminal Market, by Component

7.1 Introduction

7.2 Hardware

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Software

7.3.1.1 Market Estimates & Forecast, 2020-2027

7.3.1.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Services

7.4.1 Professional Services

7.4.1.1 Market Estimates & Forecast, 2020-2027

7.4.1.2 Market Estimates & Forecast by Region, 2020-2027

7.4.2 Managed Services

7.4.2.1 Market Estimates & Forecast, 2020-2027

7.4.2.2 Market Estimates & Forecast by Region, 2020-2027

8. Global POS Terminal Market, by Product Type

8.1 Introduction

8.2 Fixed or Wired

8.2.1 Market Estimates & Forecast, 2018-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Wireless or Mobile

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

9. Global POS Terminal Market, by Deployment

9.1 Introduction

9.2 On-Cloud

9.2.1 Market Estimates & Forecast, 2019-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 On-Premises

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

10. Global POS Terminal Market, by End-User.

10.1 Introduction

10.2 Retail

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 Hospitality

10.3 1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

10.4 Healthcare

10.4 1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Region, 2020-2027

10.5 Restaurants

10.5 1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Region, 2020-2027

10.6 Entertainment

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Region, 2020-2027

10.7 Warehouse

10.7.1 Market Estimates & Forecast, 2020-2027

10.7.2 Market Estimates & Forecast by Region, 2020-2027

10.8 Others

10.8.1 Market Estimates & Forecast, 2020-2027

10.8.2 Market Estimates & Forecast by Region, 2020-2027

11. Global POS Terminal Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Component, 2020-2027

11.2.3 Market Estimates & Forecast by Product Type, 2020-2027

11.2.4 Market Estimates & Forecast by Deployment, 2020-2027

11.2.5 Market Estimates & Forecast by End User, 2020-2027

11.2.6 U.S.

11.2.6.1 Market Estimates & Forecast, 2020-2027

11.2.6.2 Market Estimates & Forecast by Component, 2020-2027

11.2.6.3 Market Estimates & Forecast by Product Type, 2020-2027

11.2.6.4 Market Estimates & Forecast by Deployment, 2020-2027

11.2.6.5 Market Estimates & Forecast by End User, 2020-2027

11.2.7 Canada

11.2.7.1 Market Estimates & Forecast, 2020-2027

11.2.7.2 Market Estimates & Forecast by Component, 2020-2027

11.2.7.3 Market Estimates & Forecast by Product Type, 2020-2027

11.2.7.4 Market Estimates & Forecast by Deployment, 2020-2027

11.2.7.5 Market Estimates & Forecast by End User, 2020-2027

11.3 Europe

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Component, 2020-2027

11.3.3 Market Estimates & Forecast by Product Type, 2020-2027

11.3.4 Market Estimates & Forecast by Deployment, 2020-2027

11.3.5 Market Estimates & Forecast by End User, 2020-2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast, 2020-2027

11.3.6.2 Market Estimates & Forecast by Component, 2020-2027

11.3.6.3 Market Estimates & Forecast by Product Type, 2020-2027

11.3.6.4 Market Estimates & Forecast by Deployment, 2020-2027

11.3.6.5 Market Estimates & Forecast by End User, 2020-2027

11.3.7. France

11.3.7.1 Market Estimates & Forecast, 2020-2027

11.3.7.2 Market Estimates & Forecast by Component, 2020-2027

11.3.7.3 Market Estimates & Forecast by Product Type, 2020-2027

11.3.7.4 Market Estimates & Forecast by Deployment, 2020-2027

11.3.7.5 Market Estimates & Forecast by End User, 2020-2027

11.3.8. U.K

11.3.8.1 Market Estimates & Forecast, 2020-2027

11.3.8.2 Market Estimates & Forecast by Component, 2020-2027

11.3.8.3 Market Estimates & Forecast by Product Type, 2020-2027

11.3.8.4 Market Estimates & Forecast by Deployment, 2020-2027

11.3.8.5 Market Estimates & Forecast by End User, 2020-2027

11.4 Asia Pacific

11.4.1 Market Estimates & Forecast, 2020-2027

11.4.2 Market Estimates & Forecast by Component, 2020-2027

11.4.3 Market Estimates & Forecast by Product Type, 2020-2027

11.4.4 Market Estimates & Forecast by Deployment, 2020-2027

11.4.5 Market Estimates & Forecast by End User, 2020-2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast, 2020-2027

11.4.6.2 Market Estimates & Forecast by Component, 2020-2027

11.4.6.3 Market Estimates & Forecast by Product Type, 2020-2027

11.4.6.4Market Estimates & Forecast by Deployment, 2020-2027

11.4.6.5 Market Estimates & Forecast by End User, 2020-2027

11.4.7 India

11 4.6.1 Market Estimates & Forecast, 2020-2027

11.4.7.2 Market Estimates & Forecast by Component, 2020-2027

11.4.7.3 Market Estimates & Forecast by Product Type, 2020-2027

11.4.7.4Market Estimates & Forecast by Deployment, 2020-2027

11.4.7.5 Market Estimates & Forecast by End User, 2020-2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast, 2020-2027

11.4.8.2 Market Estimates & Forecast by Component, 2020-2027

11.4.8.3 Market Estimates & Forecast by Product Type, 2020-2027

11.4.8.4 Market Estimates & Forecast by Deployment, 2020-2027

11.4.8.5 Market Estimates & Forecast by End User, 2020-2027

11.4.9 Rest of Asia Pacific

11.4.9.1 Market Estimates & Forecast, 2020-2027

11.4.9.2 Market Estimates & Forecast by Component, 2020-2027

11.4.9.3 Market Estimates & Forecast by Product Type, 2020-2027

11.4.9.4 Market Estimates & Forecast by Deployment, 2020-2027

11.4.9.5 Market Estimates & Forecast by End User, 2020-2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast, 2020-2027

11.5.2 Market Estimates & Forecast by Component, 2020-2027

11.5.3 Market Estimates & Forecast by Product Type, 2020-2027

11.5.4 Market Estimates & Forecast by Deployment, 2020-2027

11.5.5 Market Estimates & Forecast by End User, 2020-2027

11.5.6 The Middle East & Africa

11.5.6.1 Market Estimates & Forecast, 2020-2027

11 5.5.2 Market Estimates & Forecast by Component, 2020-2027

11.5.6.3 Market Estimates & Forecast by Product Type, 2020-2027

11.5.6.4 Market Estimates & Forecast by Deployment, 2020-2027

11.5.6.5 Market Estimates & Forecast by End User, 2020-2027

11.5.7 Latin Countries

11.5.7.1 Market Estimates & Forecast, 2020-2027

11.5.7.2 Market Estimates & Forecast by Component, 2020-2027

11.5.7.3 Market Estimates & Forecast by Product Type, 2020-2027

11.5.7.4 Market Estimates & Forecast by Deployment, 2020-2027

11.5.7.5 Market Estimates & Forecast by End User, 2020-2027

12. Company Landscape

13. Company Profiles

13.1 Ingenico S.A. (France)

13.1.1 Company Overview

13 1.2 Product Type/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.2 Verifone (U.S.)

13.2.1 Company Overview

13.2.2 Product Type/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.3 PAX Technology (Hong Kong)

13.3.1 Company Overview

13.3.2 Product Type/Business Segment Overview

13.3 3 Financial Updates

13.3.4 Key Developments

13.4 HP Company (U.S)

13.4.1 Company Overview

13.4.2 Product Type/Business Segment Overview

13.4 3 Financial Updates

13.4.4 Key Developments

13.5 Cisco Systems (U.S)

13.5.1 Company Overview

13.5.2 Product Type/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.6 Elavon (U.S.)

13.6.1 Company Overview

13.6.2 Product Type/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.7 Castles Technology (Taiwan)

13.7.1 Company Overview

13.7.2 Product Type/Business Segment Overview

13.7.3 Financial Updates

13.7 4 Key Developments

13.8 Newland Payment Technology (China)

13.8.1 Company Overview

13.8.2 Product Type/Business Segment Overview

13.8 3 Financial Updates

13.8.4 Key Developments

13.9 Panasonic Corporation (Japan)

13.9.1 Company Overview

13.9.2 Product Type/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.10 CITIXSYS AMERICAS (U.S.)

13.10.1 Company Overview

13.10.2 Product Type/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.11 Touchbistro (Canada)

13.11.1 Company Overview

13.11.2 Product Type/Business Segment Overview

13.11.3 Financial Updates

13.11 4 Key Developments

13.13. NCR Corporation (U.S.)

13.13.1 Company Overview

13.13.2 Product Type/Business Segment Overview

13.13.3 Financial Updates

13.13.4 Key Developments

13.13 Diebold Nixdorf (U.S.)

13.13.1 Company Overview

13.13.2 Product Type/Business Segment Overview

13.13.3 Financial Updates

13.13.4 Key Developments

13.14 Zebra technologies (U.S.)

13.14.1 Company Overview

13.14.2 Product Type/Business Segment Overview

13.14.3 Financial Updates

13.14 4 Key Developments

13.15 Squirrel Systems (Canada)

13.15.1 Company Overview

13.15.2 Product Type/Business Segment Overview

13.15.3 Financial Updates

13.15.4 Key Developments

13.16 BBPOS (Hong Kong)

13.16.1 Company Overview

13.16.2 Product Type/Business Segment Overview

13.16.3 Financial Updates

13.16.4 Key Developments

14 Conclusion

LIST OF TABLES

Table1 World Population by Major Regions (2020 To 2027)

Table2 Global POS Terminal Market: By Region, 2020-2027

Table3 North America POS Terminal Market: By Country, 2020-2027

Table4 Europe POS Terminal Market: By Country, 2020-2027

Table5 Asia-Pacific POS Terminal Market: By Country, 2020-2027

Table6 Middle East & Africa POS Terminal Market: By Country, 2020-2027

Table7 Latin America POS Terminal Market: By Country, 2020-2027

Table8 Global POS Terminal by Component Market: By Regions, 2020-2027

Table9 North America POS Terminal by Component Market: By Country, 2020-2027

Table10 Europe POS Terminal by Component Market: By Country, 2020-2027

Table11 Asia-Pacific POS Terminal by Component Market: By Country, 2020-2027

Table12 Middle East & Africa POS Terminal by Component Market: By Country, 2020-2027

Table13 Latin America POS Terminal by Component Market: By Country, 2020-2027

Table14 Global POS Terminal by Industry Market: By Regions, 2020-2027

Table15 North America POS Terminal by Industry Market: By Country, 2020-2027

Table16 Europe POS Terminal by Industry Market: By Country, 2020-2027

Table17 Asia-Pacific POS Terminal by Industry Market: By Country, 2020-2027

Table18 Middle East & Africa POS Terminal by Industry Market: By Country, 2020-2027

Table19 Latin America POS Terminal by Industry Market: By Country, 2020-2027

Table20 North America POS Terminal for Industry Market: By Country, 2020-2027

Table21 Europe POS Terminal for Industry Market: By Country, 2020-2027

Table22 Asia-Pacific POS Terminal for Industry Market: By Country, 2020-2027

Table23 Middle East & Africa POS Terminal for Industry Market: By Country, 2020-2027

Table24 Global Component Market: By Region, 2020-2027

Table25 Global Industry Market By Region, 2020-2027

Table26 Global Industry Market By Region, 2020-2027

Table27 North America POS Terminal Market, By Country

Table28 North America POS Terminal Market, By Component

Table29 North America POS Terminal Market, By Product Type

Table30 Europe POS Terminal Market, By Product Type

Table31 Europe POS Terminal Market, By Component

Table32 Asia-Pacific POS Terminal Market, By Country

Table33 Asia-Pacific POS Terminal Market, By Component

Table34 Asia-Pacific POS Terminal Market, By Product Type

Table35 The Middle East & Africa: POS Terminal Market, By Country

Table36 The Middle East & Africa POS Terminal Market, By Component

Table37 The Middle East & Africa POS Terminal Market, By Product Type

Table38 Latin America: POS Terminal Market, By Country

Table39 Latin America POS Terminal Market, By Component

Table40 Latin America POS Terminal Market, By Product Type

LIST OF FIGURES

FIGURE 1 Global POS Terminal Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global POS Terminal Market

FIGURE 4 Value Chain of Global POS Terminal Market

FIGURE 5 Share of Global POS Terminal Market in 2020, by country (in %)

FIGURE 6 Global POS Terminal Market, 2020-2027,

FIGURE 7 Sub segments of Component

FIGURE 8 Global POS Terminal Market size by Component , 2020

FIGURE 8 Share of Global POS Terminal Market by Component , 2020 TO 2027

FIGURE 9 Global POS Terminal Market size by Product Type, 2020

FIGURE 10 Share of Global POS Terminal Market by Product Type, 2020 TO 2027

FIGURE 11 Global POS Terminal Market size by Industry, 2020

FIGURE 12 Share of Global POS Terminal Market by Industry, 2020 TO 2027