Wireless Point-of-Sale Terminal Market is projected to grow up to USD 21.98 billion by 2027 growing at a CAGR of 13.2% during the forecasting period 2021-2027. These terminals are connected to a single control panel, that provides the complete database for collection and summarization of information about all kind of transactions.
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Emergence of Wireless POS terminal benefits in several ways like having detailed reports on daily basis, having better customer tracking, initiates new market trends, etc. The trend of having a cashless economy is found to be booming and this led as a major factor for driving the market of Wireless POS system.
The key players in the Wireless Point-of-Sale Terminal market are - Cisco Systems, Inc, Diebold Nixdorf, Incorporated, Hewlett-Packard Inc., Hisense, Ingenico Group, NEC Corporation, Newland Payment Technology, Panasonic Corporation, PAX Technology, MICROS Systems Inc, Samsung Electronics Inc, VeriFone System Inc, and Toshiba Corporation.
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