Point Of Sale (Pos) Terminal Market Research Report- Forecast to 2030

Point of Sale (Pos) Terminal Market Research Report Information, By Component (Hardware, Software, and Services), By Product Type (Fixed And Wireless), By Deployment (On-Cloud And On-Premises), And, By Region (North America, Europe, Asia-Pacific, And Rest of the World) โ€“ Industry Size, Share and Trends Forecast till 2030

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 Porterโ€™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, 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 Porterโ€™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 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







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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.

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