Market Overview:
The global retail point-of-sale (POS) terminals market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the global retail POS terminals market can be attributed to the increasing demand for mobile POS terminals and the growing trend of online shopping. The global retail POS terminals market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into fixed POS terminals and mobile POS terminals.
 Terminals Industry Outlook.svg)
Product Definition:
A Retail Point-of-Sale (POS) Terminal is a computerized system used by retail merchants to enter sales data, process payments, and manage inventory. A POS Terminal typically consists of a computer, a cash drawer, a receipt printer, and a barcode scanner. The importance of POS Terminals is that they provide an efficient way for retailers to track sales and payments as well as manage inventory levels.
Fixed POS Terminals:
Fixed POS terminals (FAT) are used in retail point-of-sale (POS) terminals market. They are also known as fixed transaction POS or fixed terminal POS system. It is a computer system with cash drawers, card readers, and monitor that allows the end user to perform various functions of a traditional cash register such as sales analysis and printout of sale details etc.
Mobile POS Terminals:
Mobile POS terminals are used in retail point-of-sale (POS) terminals. They are portable devices that help retailers to manage their business and inventory data, along with processing payment transactions. The mobile POS terminal is a hybrid device that can be used as both a smartphone and tablet; it has features of both smartphones and tablets. It also provides the benefits of using tablets but at the same time possesses all the functionalities of a smartphone.
Application Insights:
The use of retail POS terminals has increased in hypermarkets and supermarkets due to the need for efficient inventory management. The growing trend of online shopping has necessitated the installation of advanced systems that can support a large number of transactions at a time. Furthermore, increasing competition among retailers for customer loyalty is driving the adoption of these systems as they offer various benefits such as real-time inventory tracking, guestcounting, transaction recording and reporting.
Retail stores are expected to be one of the prominent end-use industries over the forecast period owing to rising consumer spending power coupled with high disposable income levels in developing countries such as China and India. Moreover, specialty stores also utilize these systems owing to unique product offerings along with enhanced customer services that include personalized recommendations based on past purchases or visits along with easy returns/exchanges if required by customers. Other applications include gasoline stations and airports retail shops/duty free shops where consumers spend more on luxury goods compared to other convenience store segments globally.
Regional Analysis:
The Asia Pacific region is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing retail spending, technological advancements, and rising adoption of digital payment solutions in emerging economies such as China and India. Furthermore, favorable government initiatives regarding implementation of advanced technologies are also expected to drive demand for POS terminals in this region. For instance, according to a white paper published by Federal Reserve Bank of Cleveland titled “China's Financial System: Moving from imitation toward innovation†(2016), several financial institutions have started offering their services through WeChat Pay or Alipay; these platforms allow users without bank accounts or credit cards to make online payments for goods and services provided by merchants that accept these mobile apps. Such developments are further anticipated to boost demand for retail point-of-sale terminals across APAC over the forecast period.
Growth Factors:
- Increasing demand for retail POS terminals from small and medium-sized businesses (SMBs) due to the growing trend of online shopping and the need for efficient checkout processes.
- The increasing demand for cloud-based POS systems, which offer retailers a more flexible and scalable solution that can be adapted as their business grows.
- The growing popularity of mobile payments, which is driving the demand for NFC-enabled POS terminals that allow customers to make contactless payments with their smartphones or other devices.
- The increasing use of loyalty programs by retailers, which is driving the need for sophisticated loyalty management features in modern POS terminals.
- The rising number of cyberattacks on businesses, which is leading many organizations to invest in more secure and sophisticated point-of-sale security solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Retail Point-of-Sale (POS) Terminals Market Research Report
By Type
Fixed POS Terminals, Mobile POS Terminals
By Application
Supermarkets/Hypermarkets, Retail Stores, Specialty Stores, Gas Stations, Other
By Companies
Cisco Systems, Hewlett-Packard, NCR Corporation, Epicor Software, Ingenico Group, Micros Systems, Samsung Electronics, NEC Corporation, VeriFone Systems, Toshiba, Panasonic, PAX Technology
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Retail Point-of-Sale (POS) Terminals Market Report Segments:
The global Retail Point-of-Sale (POS) Terminals market is segmented on the basis of:
Types
Fixed POS Terminals, Mobile POS Terminals
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
Supermarkets/Hypermarkets, Retail Stores, Specialty Stores, Gas Stations, Other
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:
- Cisco Systems
- Hewlett-Packard
- NCR Corporation
- Epicor Software
- Ingenico Group
- Micros Systems
- Samsung Electronics
- NEC Corporation
- VeriFone Systems
- Toshiba
- Panasonic
- PAX Technology
 Terminals Market Overview.svg)
Highlights of The Retail Point-of-Sale (POS) Terminals 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:
- Fixed POS Terminals
- Mobile POS Terminals
- By Application:
- Supermarkets/Hypermarkets
- Retail Stores
- Specialty Stores
- Gas Stations
- Other
- 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 Retail Point-of-Sale (POS) Terminals 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Terminals Market Statistics.svg)
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?
A retail point-of-sale terminal (POS terminal) is a computerized device that allows customers to make purchases from merchants. POS terminals are often found in stores, restaurants, and other commercial establishments. They allow customers to scan items and pay for them with their debit or credit cards.
Some of the key players operating in the retail point-of-sale (pos) terminals market are Cisco Systems, Hewlett-Packard, NCR Corporation, Epicor Software, Ingenico Group, Micros Systems, Samsung Electronics, NEC Corporation, VeriFone Systems, Toshiba, Panasonic, PAX Technology.
The retail point-of-sale (pos) terminals market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Market Size & Forecast, 2018-2028
4.5.1 Retail Point-of-Sale (POS) Terminals Market Size and Y-o-Y Growth
4.5.2 Retail Point-of-Sale (POS) Terminals Market Absolute $ Opportunity
Chapter 5 Global Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Type
5.2.1 Fixed POS Terminals
5.2.2 Mobile POS Terminals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Applications
6.2.1 Supermarkets/Hypermarkets
6.2.2 Retail Stores
6.2.3 Specialty Stores
6.2.4 Gas Stations
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Analysis and Forecast
9.1 Introduction
9.2 North America Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Type
9.6.1 Fixed POS Terminals
9.6.2 Mobile POS Terminals
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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Applications
9.10.1 Supermarkets/Hypermarkets
9.10.2 Retail Stores
9.10.3 Specialty Stores
9.10.4 Gas Stations
9.10.5 Other
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 Retail Point-of-Sale (POS) Terminals Analysis and Forecast
10.1 Introduction
10.2 Europe Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Type
10.6.1 Fixed POS Terminals
10.6.2 Mobile POS Terminals
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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Applications
10.10.1 Supermarkets/Hypermarkets
10.10.2 Retail Stores
10.10.3 Specialty Stores
10.10.4 Gas Stations
10.10.5 Other
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 Retail Point-of-Sale (POS) Terminals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Type
11.6.1 Fixed POS Terminals
11.6.2 Mobile POS Terminals
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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Applications
11.10.1 Supermarkets/Hypermarkets
11.10.2 Retail Stores
11.10.3 Specialty Stores
11.10.4 Gas Stations
11.10.5 Other
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 Retail Point-of-Sale (POS) Terminals Analysis and Forecast
12.1 Introduction
12.2 Latin America Retail Point-of-Sale (POS) Terminals 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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Type
12.6.1 Fixed POS Terminals
12.6.2 Mobile POS Terminals
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 Retail Point-of-Sale (POS) Terminals Market Size Forecast by Applications
12.10.1 Supermarkets/Hypermarkets
12.10.2 Retail Stores
12.10.3 Specialty Stores
12.10.4 Gas Stations
12.10.5 Other
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) Retail Point-of-Sale (POS) Terminals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Retail Point-of-Sale (POS) Terminals 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) Retail Point-of-Sale (POS) Terminals Market Size Forecast by Type
13.6.1 Fixed POS Terminals
13.6.2 Mobile POS Terminals
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) Retail Point-of-Sale (POS) Terminals Market Size Forecast by Applications
13.10.1 Supermarkets/Hypermarkets
13.10.2 Retail Stores
13.10.3 Specialty Stores
13.10.4 Gas Stations
13.10.5 Other
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 Retail Point-of-Sale (POS) Terminals Market: Competitive Dashboard
14.2 Global Retail Point-of-Sale (POS) Terminals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 Hewlett-Packard
14.3.3 NCR Corporation
14.3.4 Epicor Software
14.3.5 Ingenico Group
14.3.6 Micros Systems
14.3.7 Samsung Electronics
14.3.8 NEC Corporation
14.3.9 VeriFone Systems
14.3.10 Toshiba
14.3.11 Panasonic
14.3.12 PAX Technology
