Market Overview:
The global hospitality POS terminals market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hospitality POS terminals from restaurants, lodging establishments, resorts, and other end-users across the globe. In addition, the growing adoption of mobile and wireless POS terminals in the hospitality sector is also contributing to the growth of this market. Based on type, the global hospitality POS terminals market can be segmented into mobile and wireless POS terminals and fixed POS terminals.
Product Definition:
Hospitality POS Terminals are used to manage transactions in the hospitality industry. They are important because they allow businesses to track sales, inventory, and customers. This information can be used to improve operations and make more informed decisions about the business.
Mobile And Wireless POS Terminals:
Mobile and wireless POS terminals are the hybrid devices that can be used at home or on the road to perform Point of Sale (POS) transactions. The mobile POS terminal is a combination of a smartphone and an interface to register, manage, deploy, monitor & pay for purchases made using NFC-enabled smartphones. These terminals are gaining popularity among small businesses as they enable them to reduce costs incurred for infrastructure & software purchase along with training cost.
Fixed POS Terminals:
Fixed POS terminals (FPT) are used in hospitality, retail and entertainment industries for processing credit card transactions. These terminals have a fixed location in the merchant facility and can be easily identified by customers as well as employees. The terminal consists of hardware components such as a processor, memory unit, display device and an operating system which helps to process the transaction efficiently.
Application Insights:
The restaurants segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to factors such as growing demand for quick service restaurants (QSRs) and fast food joints, increasing consumer spending on dining out, rising disposable income among consumers, changing lifestyle of consumers due to busy work schedules and hectic social lives, technological advancements in point-of-service systems that improve customer experience at QSRs and smart terminals that offer advanced features such as online reservations.
Fixed POS terminals accounted for a significant share of the global revenue in 2017 owing to their wide application across various industries including retail stores, hospitality businesses/accommodation facilities/restaurants (HABs), healthcare facilities/lodging establishments etc. The FPGAs are widely used by small business owners who operate fixed locations or require a high degree of accuracy while processing transactions with minimal down time or system failure.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to several factors including increasing adoption of advanced technologies, presence of a large number of players, and high demand for mobile and wireless POS terminals. Moreover, growing popularity and increased accessibility of online food ordering is expected to further propel the growth in North America over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising investments by various companies in this region for developing advanced solutions coupled with increasing penetration rates for mPOS systems and smartphones. Furthermore, improving economic conditions are also expected drive regional market development over next eight years or so as consumers have more disposable income which they would like spend on leisure activities such as dining out or traveling & tourism thereby driving overall industry expansion.
Growth Factors:
- Increasing demand for hospitality POS terminals from small and medium-sized businesses (SMBs) due to the growing need for automation and streamlining of business processes.
- Proliferation of cloud-based hospitality POS systems, which are easier to deploy and manage, driving their adoption among small businesses.
- The increasing demand for mPOS devices that allow merchants to accept payments anywhere, anytime is boosting the growth of the hospitality POS terminals market.
- Rising trend of card not present (CNP) transactions is fueling the demand for hospitality POS terminals as they offer enhanced security features compared to traditional methods such as cash or check payments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospitality POS Terminals Market Research Report
By Type
Mobile And Wireless POS Terminals, Fixed POS Terminals
By Application
Restaurants, Lodging Establishments, Resorts, Others
By Companies
Ingenico S.A., NCR Corporation, MICROS Systems, Inc., PAX Technology Limited, VeriFone Systems, Inc., Cisco Systems, Inc., Hewlett-Packard Company, Toshiba Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd. ?
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Hospitality POS Terminals Market Report Segments:
The global Hospitality POS Terminals market is segmented on the basis of:
Types
Mobile And Wireless POS Terminals, Fixed 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
Restaurants, Lodging Establishments, Resorts, Others
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:
- Ingenico S.A.
- NCR Corporation
- MICROS Systems, Inc.
- PAX Technology Limited
- VeriFone Systems, Inc.
- Cisco Systems, Inc.
- Hewlett-Packard Company
- Toshiba Corporation
- Panasonic Corporation
- Samsung Electronics Co., Ltd. ?
Highlights of The Hospitality 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:
- Mobile And Wireless POS Terminals
- Fixed POS Terminals
- By Application:
- Restaurants
- Lodging Establishments
- Resorts
- Others
- 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 Hospitality 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.
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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?
Hospitality POS Terminals are a type of point-of-sale terminal that allow restaurants, hotels, and other hospitality establishments to manage their transactions more efficiently. These terminals typically include features such as bar code scanning and receipt printing, which make it easier for waitstaff to keep track of customer orders and records.
Some of the key players operating in the hospitality pos terminals market are Ingenico S.A., NCR Corporation, MICROS Systems, Inc., PAX Technology Limited, VeriFone Systems, Inc., Cisco Systems, Inc., Hewlett-Packard Company, Toshiba Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd. ?.
The hospitality pos terminals market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hospitality POS Terminals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hospitality POS Terminals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hospitality POS Terminals Market - Supply Chain
4.5. Global Hospitality POS Terminals Market Forecast
4.5.1. Hospitality POS Terminals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hospitality POS Terminals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hospitality POS Terminals Market Absolute $ Opportunity
5. Global Hospitality POS Terminals Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hospitality POS Terminals Market Size and Volume Forecast by Type
5.3.1. Mobile And Wireless POS Terminals
5.3.2. Fixed POS Terminals
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hospitality POS Terminals Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hospitality POS Terminals Market Size and Volume Forecast by Application
6.3.1. Restaurants
6.3.2. Lodging Establishments
6.3.3. Resorts
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hospitality POS Terminals Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hospitality POS Terminals Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hospitality POS Terminals Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hospitality POS Terminals Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hospitality POS Terminals Demand Share Forecast, 2019-2026
9. North America Hospitality POS Terminals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hospitality POS Terminals Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hospitality POS Terminals Market Size and Volume Forecast by Application
9.4.1. Restaurants
9.4.2. Lodging Establishments
9.4.3. Resorts
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hospitality POS Terminals Market Size and Volume Forecast by Type
9.7.1. Mobile And Wireless POS Terminals
9.7.2. Fixed POS Terminals
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hospitality POS Terminals Demand Share Forecast, 2019-2026
10. Latin America Hospitality POS Terminals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hospitality POS Terminals Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hospitality POS Terminals Market Size and Volume Forecast by Application
10.4.1. Restaurants
10.4.2. Lodging Establishments
10.4.3. Resorts
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hospitality POS Terminals Market Size and Volume Forecast by Type
10.7.1. Mobile And Wireless POS Terminals
10.7.2. Fixed POS Terminals
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hospitality POS Terminals Demand Share Forecast, 2019-2026
11. Europe Hospitality POS Terminals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hospitality POS Terminals Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hospitality POS Terminals Market Size and Volume Forecast by Application
11.4.1. Restaurants
11.4.2. Lodging Establishments
11.4.3. Resorts
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hospitality POS Terminals Market Size and Volume Forecast by Type
11.7.1. Mobile And Wireless POS Terminals
11.7.2. Fixed POS Terminals
11.8. Basis Point Share (BPS) Analysis by Type
11.. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hospitality POS Terminals Demand Share, 2019-2026
12. Asia Pacific Hospitality POS Terminals Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hospitality POS Terminals Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hospitality POS Terminals Market Size and Volume Forecast by Application
12.4.1. Restaurants
12.4.2. Lodging Establishments
12.4.3. Resorts
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hospitality POS Terminals Market Size and Volume Forecast by Type
12.7.1. Mobile And Wireless POS Terminals
12.7.2. Fixed POS Terminals
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hospitality POS Terminals Demand Share, 2019-2026
13. Middle East & Africa Hospitality POS Terminals Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hospitality POS Terminals Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hospitality POS Terminals Market Size and Volume Forecast by Application
13.4.1. Restaurants
13.4.2. Lodging Establishments
13.4.3. Resorts
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hospitality POS Terminals Market Size and Volume Forecast by Type
13.7.1. Mobile And Wireless POS Terminals
13.7.2. Fixed POS Terminals
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hospitality POS Terminals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hospitality POS Terminals Market: Market Share Analysis
14.2. Hospitality POS Terminals Distributors and Customers
14.3. Hospitality POS Terminals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ingenico S.A.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NCR Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MICROS Systems, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PAX Technology Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. VeriFone Systems, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cisco Systems, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hewlett-Packard Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toshiba Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Panasonic Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Samsung Electronics Co., Ltd. ?
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
