ID: MRFR/SEM/4180-HCR | 100 Pages | Author: Ankit Gupta | March 2024
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 Porterโs 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, 2022-2030
7.2.2 Market Estimates & Forecast by Region, 2022-2030
7.3 Software
7.3.1.1 Market Estimates & Forecast, 2022-2030
7.3.1.2 Market Estimates & Forecast by Region, 2022-2030
7.4 Services
7.4.1 Professional Services
7.4.1.1 Market Estimates & Forecast, 2022-2030
7.4.1.2 Market Estimates & Forecast by Region, 2022-2030
7.4.2 Managed Services
7.4.2.1 Market Estimates & Forecast, 2022-2030
7.4.2.2 Market Estimates & Forecast by Region, 2022-2030
8. Global POS Terminal Market, by Product Type
8.1 Introduction
8.2 Fixed or Wired
8.2.1 Market Estimates & Forecast, 2022-2030
8.2.2 Market Estimates & Forecast by Region, 2022-2030
8.3 Wireless or Mobile
8.3.1 Market Estimates & Forecast, 2022-2030
8.3.2 Market Estimates & Forecast by Region, 2022-2030
9. Global POS Terminal Market, by Deployment
9.1 Introduction
9.2 On-Cloud
9.2.1 Market Estimates & Forecast, 2022-2030
9.2.2 Market Estimates & Forecast by Region, 2022-2030
9.3 On-Premises
9.3.1 Market Estimates & Forecast, 2022-2030
9.3.2 Market Estimates & Forecast by Region, 2022-2030
10. Global POS Terminal Market, by End-User.
10.1 Introduction
10.2 Retail
10.2.1 Market Estimates & Forecast, 2022-2030
10.2.2 Market Estimates & Forecast by Region, 2022-2030
10.3 Hospitality
10.3 1 Market Estimates & Forecast, 2022-2030
10.3.2 Market Estimates & Forecast by Region, 2022-2030
10.4 Healthcare
10.4 1 Market Estimates & Forecast, 2022-2030
10.4.2 Market Estimates & Forecast by Region, 2022-2030
10.5 Restaurants
10.5 1 Market Estimates & Forecast, 2022-2030
10.5.2 Market Estimates & Forecast by Region, 2022-2030
10.6 Entertainment
10.6.1 Market Estimates & Forecast, 2022-2030
10.6.2 Market Estimates & Forecast by Region, 2022-2030
10.7 Warehouse
10.7.1 Market Estimates & Forecast, 2022-2030
10.7.2 Market Estimates & Forecast by Region, 2022-2030
10.8 Others
10.8.1 Market Estimates & Forecast, 2022-2030
10.8.2 Market Estimates & Forecast by Region, 2022-2030
11. Global POS Terminal Market by Region
11.1 Introduction
11.2 North America
11.2.1 Market Estimates & Forecast, 2022-2030
11.2.2 Market Estimates & Forecast by Component, 2022-2030
11.2.3 Market Estimates & Forecast by Product Type, 2022-2030
11.2.4 Market Estimates & Forecast by Deployment, 2022-2030
11.2.5 Market Estimates & Forecast by End User, 2022-2030
11.2.6 U.S.
11.2.6.1 Market Estimates & Forecast, 2022-2030
11.2.6.2 Market Estimates & Forecast by Component, 2022-2030
11.2.6.3 Market Estimates & Forecast by Product Type, 2022-2030
11.2.6.4 Market Estimates & Forecast by Deployment, 2022-2030
11.2.6.5 Market Estimates & Forecast by End User, 2022-2030
11.2.7 Canada
11.2.7.1 Market Estimates & Forecast, 2022-2030
11.2.7.2 Market Estimates & Forecast by Component, 2022-2030
11.2.7.3 Market Estimates & Forecast by Product Type, 2022-2030
11.2.7.4 Market Estimates & Forecast by Deployment, 2022-2030
11.2.7.5 Market Estimates & Forecast by End User, 2022-2030
11.3 Europe
11.3.1 Market Estimates & Forecast, 2022-2030
11.3.2 Market Estimates & Forecast by Component, 2022-2030
11.3.3 Market Estimates & Forecast by Product Type, 2022-2030
11.3.4 Market Estimates & Forecast by Deployment, 2022-2030
11.3.5 Market Estimates & Forecast by End User, 2022-2030
11.3.6 Germany
11.3.6.1 Market Estimates & Forecast, 2022-2030
11.3.6.2 Market Estimates & Forecast by Component, 2022-2030
11.3.6.3 Market Estimates & Forecast by Product Type, 2022-2030
11.3.6.4 Market Estimates & Forecast by Deployment, 2022-2030
11.3.6.5 Market Estimates & Forecast by End User, 2022-2030
11.3.7. France
11.3.7.1 Market Estimates & Forecast, 2022-2030
11.3.7.2 Market Estimates & Forecast by Component, 2022-2030
11.3.7.3 Market Estimates & Forecast by Product Type, 2022-2030
11.3.7.4 Market Estimates & Forecast by Deployment, 2022-2030
11.3.7.5 Market Estimates & Forecast by End User, 2022-2030
11.3.8. U.K
11.3.8.1 Market Estimates & Forecast, 2022-2030
11.3.8.2 Market Estimates & Forecast by Component, 2022-2030
11.3.8.3 Market Estimates & Forecast by Product Type, 2022-2030
11.3.8.4 Market Estimates & Forecast by Deployment, 2022-2030
11.3.8.5 Market Estimates & Forecast by End User, 2022-2030
11.4 Asia Pacific
11.4.1 Market Estimates & Forecast, 2022-2030
11.4.2 Market Estimates & Forecast by Component, 2022-2030
11.4.3 Market Estimates & Forecast by Product Type, 2022-2030
11.4.4 Market Estimates & Forecast by Deployment, 2022-2030
11.4.5 Market Estimates & Forecast by End User, 2022-2030
11.4.6 China
11.4.6.1 Market Estimates & Forecast, 2022-2030
11.4.6.2 Market Estimates & Forecast by Component, 2022-2030
11.4.6.3 Market Estimates & Forecast by Product Type, 2022-2030
11.4.6.4Market Estimates & Forecast by Deployment, 2022-2030
11.4.6.5 Market Estimates & Forecast by End User, 2022-2030
11.4.7 India
11 4.6.1 Market Estimates & Forecast, 2022-2030
11.4.7.2 Market Estimates & Forecast by Component, 2022-2030
11.4.7.3 Market Estimates & Forecast by Product Type, 2022-2030
11.4.7.4Market Estimates & Forecast by Deployment, 2022-2030
11.4.7.5 Market Estimates & Forecast by End User, 2022-2030
11.4.8 Japan
11.4.8.1 Market Estimates & Forecast, 2022-2030
11.4.8.2 Market Estimates & Forecast by Component, 2022-2030
11.4.8.3 Market Estimates & Forecast by Product Type, 2022-2030
11.4.8.4 Market Estimates & Forecast by Deployment, 2022-2030
11.4.8.5 Market Estimates & Forecast by End User, 2022-2030
11.4.9 Rest of Asia Pacific
11.4.9.1 Market Estimates & Forecast, 2022-2030
11.4.9.2 Market Estimates & Forecast by Component, 2022-2030
11.4.9.3 Market Estimates & Forecast by Product Type, 2022-2030
11.4.9.4 Market Estimates & Forecast by Deployment, 2022-2030
11.4.9.5 Market Estimates & Forecast by End User, 2022-2030
11.5 Rest of the World
11.5.1 Market Estimates & Forecast, 2022-2030
11.5.2 Market Estimates & Forecast by Component, 2022-2030
11.5.3 Market Estimates & Forecast by Product Type, 2022-2030
11.5.4 Market Estimates & Forecast by Deployment, 2022-2030
11.5.5 Market Estimates & Forecast by End User, 2022-2030
11.5.6 The Middle East & Africa
11.5.6.1 Market Estimates & Forecast, 2022-2030
11 5.5.2 Market Estimates & Forecast by Component, 2022-2030
11.5.6.3 Market Estimates & Forecast by Product Type, 2022-2030
11.5.6.4 Market Estimates & Forecast by Deployment, 2022-2030
11.5.6.5 Market Estimates & Forecast by End User, 2022-2030
11.5.7 Latin Countries
11.5.7.1 Market Estimates & Forecast, 2022-2030
11.5.7.2 Market Estimates & Forecast by Component, 2022-2030
11.5.7.3 Market Estimates & Forecast by Product Type, 2022-2030
11.5.7.4 Market Estimates & Forecast by Deployment, 2022-2030
11.5.7.5 Market Estimates & Forecast by End User, 2022-2030
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 (2022 TO 2030)
Table2 Global POS Terminal Market: By Region, 2022-2030
Table3 North America POS Terminal Market: By Country, 2022-2030
Table4 Europe POS Terminal Market: By Country, 2022-2030
Table5 Asia-Pacific POS Terminal Market: By Country, 2022-2030
Table6 Middle East & Africa POS Terminal Market: By Country, 2022-2030
Table7 Latin America POS Terminal Market: By Country, 2022-2030
Table8 Global POS Terminal by Component Market: By Regions, 2022-2030
Table9 North America POS Terminal by Component Market: By Country, 2022-2030
Table10 Europe POS Terminal by Component Market: By Country, 2022-2030
Table11 Asia-Pacific POS Terminal by Component Market: By Country, 2022-2030
Table12 Middle East & Africa POS Terminal by Component Market: By Country, 2022-2030
Table13 Latin America POS Terminal by Component Market: By Country, 2022-2030
Table14 Global POS Terminal by Industry Market: By Regions, 2022-2030
Table15 North America POS Terminal by Industry Market: By Country, 2022-2030
Table16 Europe POS Terminal by Industry Market: By Country, 2022-2030
Table17 Asia-Pacific POS Terminal by Industry Market: By Country, 2022-2030
Table18 Middle East & Africa POS Terminal by Industry Market: By Country, 2022-2030
Table19 Latin America POS Terminal by Industry Market: By Country, 2022-2030
Table20 North America POS Terminal for Industry Market: By Country, 2022-2030
Table21 Europe POS Terminal for Industry Market: By Country, 2022-2030
Table22 Asia-Pacific POS Terminal for Industry Market: By Country, 2022-2030
Table23 Middle East & Africa POS Terminal for Industry Market: By Country, 2022-2030
Table24 Global Component Market: By Region, 2022-2030
Table25 Global Industry Market By Region, 2022-2030
Table26 Global Industry Market By Region, 2022-2030
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 Porterโs 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 2030, by country (in %)
FIGURE 6 Global POS Terminal Market, 2022-2030,
FIGURE 7 Sub segments of Component
FIGURE 8 Global POS Terminal Market size by Component , 2030
FIGURE 8 Share of Global POS Terminal Market by Component , 2022 TO 2030
FIGURE 9 Global POS Terminal Market size by Product Type, 2030
FIGURE 10 Share of Global POS Terminal Market by Product Type, 2022 TO 2030
FIGURE 11 Global POS Terminal Market size by Industry, 2030
FIGURE 12 Share of Global POS Terminal Market by Industry, 2022 TO 2030
Point Of Sale (Pos) Terminal Market Segmentation
Point Of Sale (Pos) Terminal Component Outlook (USD Million, 2018-2030)
Hardware
Software
Services
Point Of Sale (Pos) Terminal Product Type Outlook (USD Million, 2018-2030)
Fixed
Wireless
Point Of Sale (Pos) Terminal Deployment Outlook (USD Million, 2018-2030)
On-cloud
On-premise
Point Of Sale (Pos) Terminal Regional Outlook (USD Million, 2018-2030)
North America Outlook (USD Million, 2018-2030)
North America Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
North America Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
North America Point Of Sale (Pos) Terminal by Deployment
On-Cloud
On-Premise
US Outlook (USD Million, 2018-2030)
US Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
US Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
US Point Of Sale (Pos) Terminal by Deployment
On-Cloyd
On-Premise
CANADA Outlook (USD Million, 2018-2030)
CANADA Point Of Sale (Pos) Terminal by Component
Hardware
Software
Service
CANADA Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
CANADA Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Europe Outlook (USD Million, 2018-2030)
Europe Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Europe Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Europe Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Germany Outlook (USD Million, 2018-2030)
Germany Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Germany Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Germany Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
France Outlook (USD Million, 2018-2030)
France Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
France Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
France Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
UK Outlook (USD Million, 2018-2030)
UK Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
UK Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
UK Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
ITALY Outlook (USD Million, 2018-2030)
ITALY Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
ITALY Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
ITALY Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
SPAIN Outlook (USD Million, 2018-2030)
Spain Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Spain Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Spain Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Rest Of Europe Outlook (USD Million, 2018-2030)
Rest Of Europe Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Rest Of Europe Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Rest Of Europe Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Asia-Pacific Outlook (USD Million, 2018-2030)
Asia-Pacific Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Asia-Pacific Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Asia-Pacific Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
China Outlook (USD Million, 2018-2030)
China Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
China Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
China Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Japan Outlook (USD Million, 2018-2030)
Japan Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Japan Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Japan Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
India Outlook (USD Million, 2018-2030)
India Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
India Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
India Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Australia Outlook (USD Million, 2018-2030)
Australia Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Australia Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Australia Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Rest of Asia-Pacific Outlook (USD Million, 2018-2030)
Rest of Asia-Pacific Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Rest of Asia-Pacific Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Rest of Asia-Pacific Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Rest of the World Outlook (USD Million, 2018-2030)
Rest of the World Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Rest of the World Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Rest of the World Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Middle East Outlook (USD Million, 2018-2030)
Middle East Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Middle East Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Middle East Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Africa Outlook (USD Million, 2018-2030)
Africa Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Africa Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Africa Point Of Sale (Pos) Terminal by Deployment
On-premise
On-cloud
Latin America Outlook (USD Million, 2018-2030)
Latin America Point Of Sale (Pos) Terminal by Component
Hardware
Software
Services
Latin America Point Of Sale (Pos) Terminal by Product Type
Fixed
Wireless
Latin America Point Of Sale (Pos) Terminal by Deployment
On-cloud
On-premise
Research Methodology on Point of Sale Terminal Market
1. Introduction
This research aims to analyze the global point of sale (POS) terminal market; explore the features, trends, products, and solutions present in the market, their price range, and competitive environment and outline strategies to address competitive challenges. Market Research Future (MRFR) has conducted extensive market research through primary and secondary sources to have a fair idea and detailed explanation of the market. The research covers various segments, including type, components, end-users, and geography.
2. Research Approach
A robust research approach is followed by MRFR to identify relevant and effective insights into the point of sale (POS) terminal market. Different approaches were used to ensure that a sufficient amount of data was gathered. The methods used include primary research and secondary research.
a) Primary Research
This form of research involves direct contact with and interviewing key persons, recording information from industry participants, and gathering facts and data from them. The primary research consists of interviews with industry experts, investors, and distributors in the Point of Sale market. Market experts include in the interviews provided valuable insights about the flourishing market and gave their forecasts about the future of the Point of Sale Terminal market.
b) Secondary Research
The secondary research method is the second step of our process. The core of the secondary research rests in garnering information from authentic sources via annual reports, business magazines, business websites, and associations such as the Point of Sale Retailer Association (POSRA). MRFR also referred to websites such as company websites & market research databases, as well as some of the prominent companies' financials, to gain information about other players in the industry. To calculate the market size is further calculated by the yearly activity volume and product size predictions in the Point of Sale terminal market.
3. Market Segmentation
The Point of Sale (POS) terminal market is segmented by type, component, end-user, and geography.
By type, the market comprises barcode readers, magnetic stripe readers, smart card readers, near-field communication (NFC) readers, and others.
By component, the market is classified into hardware and software.
By end-user, the market is categorized into retail, hospitality, healthcare, transportation and logistics, and others.
By geography, the market is segmented into North America, Europe, Asia Pacific (APAC) and the Rest of the World (RoW).
4. Assumptions
The Point of Sale (POS) terminal market report also includes assumptions. Some of the assumptions in the report include an increase in demand for POS terminal products, a customer-friendly approach and a larger number of customers protecting their data, and enhanced buying power.
5. Research Design
In-depth interviews and discussions with numerous key industry participants & opinion leaders are employed to collect and verify critical qualitative and quantitative information. The research methodology consists of the following sections:
(i) Breakup of primary interviews
The insights from key opinion leaders in the Point of Sale (POS) Terminal market are showcased through primary interviews. The quotes from the key opinion leaders form the primary base of the report. The interviewees typically came from leading positions in their industry such as CXOs, vice presidents, directors, and regional sales managers.
(ii) Market Structure
MRFR follows a structured research model to assess the Point of Sale (POS) terminal market in detail. This helps gain insight into the strategies that the prominent players are adopting and the competitive environment in the market.
(iii) Analytical Tools
MRFR follows a rigorous analytical process to identify the strengths and weaknesses of the Point of Sale (POS) terminal market. The report establishes a connection between potential trends and their effects on the market, helping stakeholders make informed decisions.
(iv) Market Estimation
The estimated market size was calculated using statistical methods and triangulation. Market data is triangulated by analyzing each segment so that the exact size of the POS Terminal market could be estimated.
(v) Vendor Inclusion Criteria
MRFR included major market players to gain market intelligence for the Point of Sale (POS) market. The report contains a list of these players. Inclusion criteria for the key market players operate on various decisive criteria, including vendor segmentation, the number of their products & services, the company's recent developments, expenses, financial standings & terms of business, and customers & areas served.
(vi) Data Sources
The sources used to collect data and information including press releases, company annual reports, company websites, company literature, industry white papers, and a wide range of other sources available in both public and proprietary databases.
6. Conclusion
The research focuses on the most important factors that impact the Point of Sale (POS) Terminal market, such as market trends, opportunities, competitive landscape, and growth prospects. It also outlines the various strategic initiatives taken by prominent industry players along with the market value chain analysis. MRFR has identified the market dynamics to cater to the ever-changing requirements of the Point of Sale (POS) market, helping stakeholders identify the lucrative avenues, and visualize the roadmap to success.