The global point of sale (POS) terminals market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing number of retailers and restaurants across the globe, which is driving demand for POS terminals. The POS terminal market has been segmented on the basis of type, application and region. On the basis of type, it has been segmented into fixed POS terminals, wireless POS terminals and mobile POS terminals. Fixed POS terminal accounted for a major share in 2018 owing to its high adoption rate among retailers and restaurants as they are easy-to-install devices that do not require any additional hardware or software installation. On the basis of application, it has been segmented into financial institutions and third party payment institutions. Financial institutions accounted for a major share in 2018 owing to their high adoption rate among retailers as they offer various services such as credit card payments through debit cards or credit cards issued by banks or other financial institutions; cash withdrawals; balance enquiries; fund transfers between accounts held with different banks/financial institution; bill payments etc, which are not offered by third party payment institutes such as PayPal etc, thereby driving demand for these devices among retailers/restaurants across the globe.
- The POS terminals market is expected to grow at a CAGR of 6.5% from 2017 to 2022.
- The growth of the POS terminals market is driven by the increasing demand for self-checkout systems in retail stores and supermarkets, which are being used as an alternative to cashiers and checkout counters.
- The increasing number of retailers adopting mobile payment solutions such as Apple Pay, Android Pay, and Samsung Pay will also drive the growth of this market during the forecast period (2017-2022).
- Increasing adoption of contactless payments will also fuel this market's growth during the forecast period (2017-2022). Contactless payments are transactions that do not require physical contact between a card and a terminal or reader device; instead they use radio frequency identification (RFID) technology or near field communication (NFC) technology for data transfer between devices at close proximity with each other. This type of payment method is gaining popularity due to its convenience in terms of speed and security over traditional methods such as swiping cards through card readers or inserting them into card readers with PINs entered on keypads on either side of these devices; it also eliminates risks associated with theft or loss because there is no need for customers to carry their cards around while shopping if they have contactless payment enabled on their smartphones or other mobile devices that can be used for making purchases at any time without having to carry physical cards around while shopping .
Industry Growth Insights published a new data on “Point of Sale (POS) Terminals Market”. The research report is titled “Point of Sale (POS) Terminals Market research by Types (Fixed POS Terminals, Wireless POS Terminals, Mobile POS Terminals), By Applications (Financial Institutions, Third-party Payment Institutions), By Players/Companies Ingenico, Verifone, PAX, NCR, Posiflex, ParTech, Moneris, Senor Tech, Newland Payment, Fujian LIANDI, Xin Guo Du, New POS Technology, Bitel, CyberNet, Castles Technology, SZZT Electronics, First Data, NEXGO”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Point of Sale (POS) Terminals Market Research Report
By Type
Fixed POS Terminals, Wireless POS Terminals, Mobile POS Terminals
By Application
Financial Institutions, Third-party Payment Institutions
By Companies
Ingenico, Verifone, PAX, NCR, Posiflex, ParTech, Moneris, Senor Tech, Newland Payment, Fujian LIANDI, Xin Guo Du, New POS Technology, Bitel, CyberNet, Castles Technology, SZZT Electronics, First Data, NEXGO
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Point of Sale (POS) Terminals Market Report Segments:
The global Point of Sale (POS) Terminals market is segmented on the basis of:
Types
Fixed POS Terminals, Wireless 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
Financial Institutions, Third-party Payment Institutions
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
- Verifone
- PAX
- NCR
- Posiflex
- ParTech
- Moneris
- Senor Tech
- Newland Payment
- Fujian LIANDI
- Xin Guo Du
- New POS Technology
- Bitel
- CyberNet
- Castles Technology
- SZZT Electronics
- First Data
- NEXGO
Highlights of The 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
- Wireless POS Terminals
- Mobile POS Terminals
- By Application:
- Financial Institutions
- Third-party Payment Institutions
- 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 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.
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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?
A Point of Sale terminal is a device that allows customers to make purchases from merchants by inputting their personal information, such as credit card numbers and account numbers. POS terminals are typically found in retail stores and restaurants.
Some of the major players in the point of sale (pos) terminals market are Ingenico, Verifone, PAX, NCR, Posiflex, ParTech, Moneris, Senor Tech, Newland Payment, Fujian LIANDI, Xin Guo Du, New POS Technology, Bitel, CyberNet, Castles Technology, SZZT Electronics, First Data, NEXGO.
The point of sale (pos) terminals market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Point of Sale (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. Point of Sale (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. Point of Sale (POS) Terminals Market - Supply Chain
4.5. Global Point of Sale (POS) Terminals Market Forecast
4.5.1. Point of Sale (POS) Terminals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Point of Sale (POS) Terminals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Point of Sale (POS) Terminals Market Absolute $ Opportunity
5. Global Point of Sale (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. Point of Sale (POS) Terminals Market Size and Volume Forecast by Type
5.3.1. Fixed POS Terminals
5.3.2. Wireless POS Terminals
5.3.3. Mobile POS Terminals
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Point of Sale (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. Point of Sale (POS) Terminals Market Size and Volume Forecast by Application
6.3.1. Financial Institutions
6.3.2. Third-party Payment Institutions
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Point of Sale (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. Point of Sale (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 Point of Sale (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. Point of Sale (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 Point of Sale (POS) Terminals Demand Share Forecast, 2019-2026
9. North America Point of Sale (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 Point of Sale (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 Point of Sale (POS) Terminals Market Size and Volume Forecast by Application
9.4.1. Financial Institutions
9.4.2. Third-party Payment Institutions
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Point of Sale (POS) Terminals Market Size and Volume Forecast by Type
9.7.1. Fixed POS Terminals
9.7.2. Wireless POS Terminals
9.7.3. Mobile 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 Point of Sale (POS) Terminals Demand Share Forecast, 2019-2026
10. Latin America Point of Sale (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 Point of Sale (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 Point of Sale (POS) Terminals Market Size and Volume Forecast by Application
10.4.1. Financial Institutions
10.4.2. Third-party Payment Institutions
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Point of Sale (POS) Terminals Market Size and Volume Forecast by Type
10.7.1. Fixed POS Terminals
10.7.2. Wireless POS Terminals
10.7.3. Mobile 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 Point of Sale (POS) Terminals Demand Share Forecast, 2019-2026
11. Europe Point of Sale (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 Point of Sale (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 Point of Sale (POS) Terminals Market Size and Volume Forecast by Application
11.4.1. Financial Institutions
11.4.2. Third-party Payment Institutions
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Point of Sale (POS) Terminals Market Size and Volume Forecast by Type
11.7.1. Fixed POS Terminals
11.7.2. Wireless POS Terminals
11.7.3. Mobile POS Terminals
11.8. Basis Point Share (BPS) Analysis by Type
11.9. 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 Point of Sale (POS) Terminals Demand Share, 2019-2026
12. Asia Pacific Point of Sale (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 Point of Sale (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 Point of Sale (POS) Terminals Market Size and Volume Forecast by Application
12.4.1. Financial Institutions
12.4.2. Third-party Payment Institutions
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Point of Sale (POS) Terminals Market Size and Volume Forecast by Type
12.7.1. Fixed POS Terminals
12.7.2. Wireless POS Terminals
12.7.3. Mobile 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 Point of Sale (POS) Terminals Demand Share, 2019-2026
13. Middle East & Africa Point of Sale (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 Point of Sale (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 Point of Sale (POS) Terminals Market Size and Volume Forecast by Application
13.4.1. Financial Institutions
13.4.2. Third-party Payment Institutions
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Point of Sale (POS) Terminals Market Size and Volume Forecast by Type
13.7.1. Fixed POS Terminals
13.7.2. Wireless POS Terminals
13.7.3. Mobile 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 Point of Sale (POS) Terminals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Point of Sale (POS) Terminals Market: Market Share Analysis
14.2. Point of Sale (POS) Terminals Distributors and Customers
14.3. Point of Sale (POS) Terminals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ingenico
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Verifone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PAX
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NCR
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Posiflex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ParTech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Moneris
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Senor Tech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Newland Payment
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fujian LIANDI
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xin Guo Du
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. New POS Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Bitel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CyberNet
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Castles Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SZZT Electronics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. First Data
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. NEXGO
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