In 2012, the global POS Terminals Market was evaluated around USD 28 billion and is expected to reach approximately USD 84.53 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 11.68% over the forecast period. The market has experienced a major turnaround, due to the extensive expansion of POS terminal solutions and a variety of technological innovations happening at a rapid pace. The rising demands for incorporated POS, the proliferation of NFC devices, along with the demand for contactless payments in the industrial network are anticipated to fuel the global market. Amplified funding in the line bursting technology is predicted to act as a vital factor in boosting the market demand. Though, the requirement for extended government regulations and certifications, combined with data security concerns, is likely to restrain the growth of the market. The refusal to PCI Data Security Standards (DSS) enhances the possibility of card data breaches, which ensues in the financial and non-financial impacts, involving the loss of client trust and status of the company.

Key Market Players:

• MICROS Systems
• Ingenico S.A.
• PAX Technology
• Verifone Systems
• HP Company
• Panasonic Corporation
• Cisco Systems
• Toshiba Corporation
• Samsung Electronics
• NEC Corporation.

Book Your Sample Copy of the Report here: https://www.crystalmarketresearch.com/report-sample/IC11359

According to applications, the global POS terminals market classified into entertainment, hospitality, restaurants, healthcare, warehouse, retail, and others. The rising use of these systems over the retail segment is expected to boost the demand and is predicted to grow at a compound annual growth rate of around 10% during the forecast years. The elevated degree of accessibility and portability enhances the utilization of mobile terminals over this segment. These terminals render inventory management with accounting facilities, hence making it more comfortable to trail third-party billing and inventory. Different organizations are propelling over more simple transaction processes and are incorporating the point-of-sale systems with merchandising, inventory, Customer Relationship Management (CRM), and marketing data for presenting a unique, interactive, and personalized experience to consumers.
In 2015, North American market ruled the global POS terminals market, reporting for around 30% of the market revenue share. Though, the increasing customer base around emerging regions like Asia Pacific, due to the amplified SMBs and the drop in the total cost of ownership (TCO), is anticipated to impact the growth of the regional market positively. The low infiltration and extensive uncounted population in nations are projected to boost the demand during the forecast years.
Companies dominating the POS terminals market share include MICROS Systems, Ingenico S.A., PAX Technology, Verifone Systems, HP Company, Panasonic Corporation, Cisco Systems, Toshiba Corporation, Samsung Electronics, and NEC Corporation. Mergers and acquisitions are the major strategies implemented by market vendors.

Browse full research report with TOC on “POS Terminals Market by Application and End User - Global Industry Analysis and Forecast to 2022: https://www.crystalmarketresearch.com/report/point-of-sale-pos-terminals-market

The global POS terminals market is segmented as follows –
By Product

• Fixed
• Mobile
By Component
• Hardware
•
• Software
By Application
• Restaurants
• Hospitality
• Healthcare
• Retail
• Warehouse
• Entertainment
• Others

Get Customized Report for your region: https://www.crystalmarketresearch.com/customization/IC11359

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contact Us:
Judy
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: [email protected]
Blog: blog.crystalmarketresearch.com
Website: www.crystalmarketresearch.com