Market Overview:
The global POS cash drawer market is segmented on the basis of type, application and region. The type segment is further divided into printer-driven cash drawer, Ethernet-driven cash drawer, serial and USB-driven cash drawer and manually-driven cash drawer. The application segment is classified into retail and hotel. The regional segments are North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The global POS Cash Drawer market is expected to register a CAGR of 5.8% during the forecast period 2018–2030. Amongst all regions studied in this research North America accounted for the largest share in terms of revenue generated by the global POS Cash Drawer market in 2017 followed by Europe . However Asia Pacific region would witness highest growth rate over the forecast period owing to increasing adoption of Point Of Sale (POS) systems across various industry verticals such as retail , hospitality etc., within this region . Some key factors driving growth of the global POS Cash Drawer market include rising demand for automation across various industry verticals , growing trend towards card based payments over traditional methods such as cheques/cash etc.
Product Definition:
A cash drawer is a receptacle for holding and displaying currency. It is most commonly used in retail environments, where it can be opened to provide change to customers or to make payments for goods or services.
Printer-Driven Cash Drawer:
The cash drawer of the Point of Sale (POS) machine is driven by a printer, which prints the money count as soon as a payment is made. The POS machines with cash drawers are widely used in restaurants, hotels, gas stations and other retail stores to print out paper bills.
The demand for printers-driven cash drawers has increased over time owing to their benefits such as ease of use and fast money printing without human intervention.
Ethernet-Driven Cash Drawer:
The Ethernet-driven cash drawer and its usage in the POS cash drawer market is a device that enables a computer to communicate with an electronic money counter. The device has two main components, namely, an Ethernet interface and PC program. The PC program configures the counter for accepting cashless payments through its network connection; whereas, the other end of the configuration is done on the electronic money counter’s side via a software application or hardware component.
Application Insights:
The retail segment dominated the global POS cash drawer market in 2017. The segment is expected to witness significant growth over the forecast period owing to an increase in demand for cashless payments and growing adoption of digital payment systems across various retail stores globally. Furthermore, a rise in e-commerce has led to increased use of POS cash drawers at warehouses and distribution centers, which is further anticipated to propel market growth over the forecast period.
The hotel segment is expected register considerable growth during the forecast period owing to its increasing adoption of technologically advanced solutions that ensure efficient management of financial as well as operational data from front desk till payment processing at back end systems. Moreover, a rise in tourism has resulted in an increased number of hotels around the world; this factor alone would drive industry expansion during future years.
Regional Analysis:
Asia Pacific dominated the global POS cash drawer market in 2017. The growth is attributed to the increasing number of retail and hospitality outlets, particularly in China and India. Furthermore, growing adoption of these cash drawers by small-scale retailers will drive demand over the forecast period.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to a rise in disposable income among consumers coupled with an increase in spending on electronic devices such as printers, Ethernet-based cash drawers, and others. Europe accounted for a significant share of revenue share owing to high acceptance among users for advanced technologies such as wireless connectivity along with touch screen display features that enhance productivity at work place or while conducting business at home or during travels across various countries within this region. Moreover, presence of major players such as NCR Corporation; Toshiba Global Commerce Solutions; IBM Corporation; Diebold Inc.; Elcoman Srl; Bixolon Media Inc.; Promatec Group S.p.A.
Growth Factors:
- Increasing demand for POS systems from small and medium-sized businesses (SMBs)
- Rising demand for cloud-based POS systems
- Proliferation of mobile point of sale (mPOS) devices
- Growing popularity of contactless payments
- Emergence of new payment technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
POS Cash Drawer Market Research Report
By Type
Printer-Driven Cash Drawer, Ethernet-Driven Cash Drawer, Serial And USB-Driven Cash Drawer, Manually-Driven Cash Drawer
By Application
Retail, Hotel
By Companies
APG Cash Drawers, MMF POS, M-S Cash Drawer, NCR, CASIO, CyberNet, Diebold Nixdorf, HP Development Company, National Business Systems, Posiflex Technology, APG Cash Drawers, UIC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global POS Cash Drawer Market Report Segments:
The global POS Cash Drawer market is segmented on the basis of:
Types
Printer-Driven Cash Drawer, Ethernet-Driven Cash Drawer, Serial And USB-Driven Cash Drawer, Manually-Driven Cash Drawer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Hotel
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- APG Cash Drawers
- MMF POS
- M-S Cash Drawer
- NCR
- CASIO
- CyberNet
- Diebold Nixdorf
- HP Development Company
- National Business Systems
- Posiflex Technology
- APG Cash Drawers
- UIC
Highlights of The POS Cash Drawer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Printer-Driven Cash Drawer
- Ethernet-Driven Cash Drawer
- Serial And USB-Driven Cash Drawer
- Manually-Driven Cash Drawer
- By Application:
- Retail
- Hotel
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the POS Cash Drawer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
POS cash drawer is a small, portable device that helps businesses keep track of their cash flow. It typically has a slot for bills and coins, as well as buttons to dispense money or check receipts.
Some of the major companies in the pos cash drawer market are APG Cash Drawers, MMF POS, M-S Cash Drawer, NCR, CASIO, CyberNet, Diebold Nixdorf, HP Development Company, National Business Systems, Posiflex Technology, APG Cash Drawers, UIC.
The pos cash drawer market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 POS Cash Drawer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 POS Cash Drawer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 POS Cash Drawer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the POS Cash Drawer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global POS Cash Drawer Market Size & Forecast, 2018-2028
4.5.1 POS Cash Drawer Market Size and Y-o-Y Growth
4.5.2 POS Cash Drawer Market Absolute $ Opportunity
Chapter 5 Global POS Cash Drawer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 POS Cash Drawer Market Size Forecast by Type
5.2.1 Printer-Driven Cash Drawer
5.2.2 Ethernet-Driven Cash Drawer
5.2.3 Serial And USB-Driven Cash Drawer
5.2.4 Manually-Driven Cash Drawer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global POS Cash Drawer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 POS Cash Drawer Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Hotel
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global POS Cash Drawer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 POS Cash Drawer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America POS Cash Drawer Analysis and Forecast
9.1 Introduction
9.2 North America POS Cash Drawer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America POS Cash Drawer Market Size Forecast by Type
9.6.1 Printer-Driven Cash Drawer
9.6.2 Ethernet-Driven Cash Drawer
9.6.3 Serial And USB-Driven Cash Drawer
9.6.4 Manually-Driven Cash Drawer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America POS Cash Drawer Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Hotel
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe POS Cash Drawer Analysis and Forecast
10.1 Introduction
10.2 Europe POS Cash Drawer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe POS Cash Drawer Market Size Forecast by Type
10.6.1 Printer-Driven Cash Drawer
10.6.2 Ethernet-Driven Cash Drawer
10.6.3 Serial And USB-Driven Cash Drawer
10.6.4 Manually-Driven Cash Drawer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe POS Cash Drawer Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Hotel
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific POS Cash Drawer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific POS Cash Drawer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific POS Cash Drawer Market Size Forecast by Type
11.6.1 Printer-Driven Cash Drawer
11.6.2 Ethernet-Driven Cash Drawer
11.6.3 Serial And USB-Driven Cash Drawer
11.6.4 Manually-Driven Cash Drawer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific POS Cash Drawer Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Hotel
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America POS Cash Drawer Analysis and Forecast
12.1 Introduction
12.2 Latin America POS Cash Drawer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America POS Cash Drawer Market Size Forecast by Type
12.6.1 Printer-Driven Cash Drawer
12.6.2 Ethernet-Driven Cash Drawer
12.6.3 Serial And USB-Driven Cash Drawer
12.6.4 Manually-Driven Cash Drawer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America POS Cash Drawer Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Hotel
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) POS Cash Drawer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) POS Cash Drawer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) POS Cash Drawer Market Size Forecast by Type
13.6.1 Printer-Driven Cash Drawer
13.6.2 Ethernet-Driven Cash Drawer
13.6.3 Serial And USB-Driven Cash Drawer
13.6.4 Manually-Driven Cash Drawer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) POS Cash Drawer Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Hotel
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 POS Cash Drawer Market: Competitive Dashboard
14.2 Global POS Cash Drawer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 APG Cash Drawers
14.3.2 MMF POS
14.3.3 M-S Cash Drawer
14.3.4 NCR
14.3.5 CASIO
14.3.6 CyberNet
14.3.7 Diebold Nixdorf
14.3.8 HP Development Company
14.3.9 National Business Systems
14.3.10 Posiflex Technology
14.3.11 APG Cash Drawers
14.3.12 UIC
