Global POS Terminals Market 2019-2023 by Product, End-User, EMV Compliance - Rise in the Need for Self-Service POS Terminals - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 8, 2019--The “Global POS Terminals Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The POS terminals market to grow at a CAGR of nearly 8% during the forecast period.
The growing demand for advanced technologies for managing payments in large end-user industries, such as retail, healthcare, hospitality and warehouse and distribution is a major factor to drive the market growth. The large number of credit and debit card transactions among consumers is encouraging retailers and other end-users to adopt POS terminal.
The end-users begin to demand a wide variety of payment solutions; POS terminal providers will be focusing on meeting their needs to retain the exiting customers and to attract new ones. Therefore, the availability of such products is likely to fuel the growth of the market during our forecast period.
Rise in the need for self-service POS terminal
Self service POS terminals such as self-service payment kiosks are interactive computer terminals featuring specialized hardware and software that provide access to information and allow customers to make card payments. The increased rate of self-service payments the will be a rise in the need for secure transactions. This has propelled the adoption of biometric POS terminals which subsequently led to growth of POS terminal market.
High operational and maintenance costs of POS terminals
The operational cost of POS terminals is considered higher than that of a conventional setup, which involves an actual register. Server based POS terminals are costlier than cloud based POS terminals due to their high setup costs, and many other factors. Therefore, the high maintenance costs of POS terminals are expected to limit the growth of the market during our forecast period.
The POS terminals market is moderately fragmented, due to presence of considerable number of vendors in the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORTPreface
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 06: MARKET SEGMENTATION BY PRODUCTMarket segmentation by product Comparison by product Fixed Mobile Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USERMarket segmentation by end-user Comparison by end-user Retail Hospitality Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPEGeographic segmentation Geographic comparison Key leading countries Market opportunity
PART 10: MARKET SEGMENTATION BY EMV COMPLIANCEComparison by EMV compliance EMV Non-EMV Market opportunity by EMV compliance
PART 11: DRIVERS AND CHALLENGESMarket drivers Market challenges
PART 12: MARKET TRENDSContinuous development of new products Rise in the adoption of dual-interface chip technology Advent of HCE-based POS transactions
PART 13: VENDOR LANDSCAPEOverview Landscape disruption
PART 14: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors First Data Ingenico Group PAX Global Technology SZZT Electronics Verifone
For more information about this report visit https://www.researchandmarkets.com/research/9btdgx/global_pos?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190108005629/en/
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Related Topics:Point of Sale Equipment
INDUSTRY KEYWORD: RETAIL OTHER RETAIL
SOURCE: Research and Markets
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PUB: 01/08/2019 08:59 AM/DISC: 01/08/2019 08:59 AM