Global Handheld Point of Sale (POS) Device Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Handheld Point of Sale (POS) Device market size was valued at USD 37760 million in 2023 and is forecast to a readjusted size of USD 68170 million by 2030 with a CAGR of 8.8% during review period.
Several driving factors contribute to the increased adoption and popularity of handheld Point of Sale (POS) devices in various industries. Here are some key factors:
1. **Mobility and Flexibility**: Handheld POS devices offer mobility, allowing businesses to process transactions anywhere within their premises or at off-site locations. They enable sales staff to serve customers on the shop floor, at outdoor events, or in crowded venues, reducing wait times and improving customer experience.
2. **Efficiency and Speed**: Handheld POS devices streamline the checkout process by eliminating the need for customers to wait in long queues and reducing the time spent on manual data entry. With a handheld device, transactions can be completed quickly, minimizing customer frustration and maximizing sales opportunities.
3. **Inventory Management**: Handheld POS devices often include functionalities for inventory management. They allow real-time inventory tracking, making it easier for businesses to monitor stock levels, track sales patterns, and automate reordering processes. This helps optimize inventory, reduce stockouts, and improve overall operations.
4. **Enhanced Customer Service**: Handheld POS devices enable sales associates to provide personalized service to customers by having access to real-time product information, pricing, and promotions. They can also offer recommendations, check inventory availability, or process returns/exchanges on the spot, enhancing customer satisfaction.
5. **Integration with Business Systems**: Handheld POS devices can integrate with other business systems, such as customer relationship management (CRM), accounting, or loyalty programs. This integration allows for seamless data sharing, consolidated reporting, and enhanced operational efficiency.
6. **Payment Options**: Handheld POS devices support a variety of payment options, including credit cards, debit cards, mobile payments, and contactless payments like NFC (Near Field Communication). This flexibility allows businesses to cater to customers' preferred payment methods, increasing convenience and customer satisfaction.
7. **Security and Compliance**: Handheld POS devices often employ robust security measures, including encryption, tokenization, and adherence to Payment Card Industry Data Security Standards (PCI DSS). These measures help protect sensitive customer payment information, ensuring compliance and building trust.
8. **Lower Cost and Easy Deployment**: Handheld POS devices are typically more affordable compared to traditional, stationary POS systems. They often come as portable devices or as attachments to smartphones or tablets, which can be easily deployed and require less upfront investment. This makes them particularly appealing to small businesses, pop-up shops, or mobile vendors.
Handheld POS devices are empowering businesses to improve operational efficiency, deliver better customer experiences, and adapt to evolving payment trends. Their versatility, mobility, and integration capabilities make them valuable tools for driving growth and success in various industries.
The Global Info Research report includes an overview of the development of the Handheld Point of Sale (POS) Device industry chain, the market status of Healthcare (Traditional POS, Smart POS), Retail (Traditional POS, Smart POS), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Handheld Point of Sale (POS) Device.
Regionally, the report analyzes the Handheld Point of Sale (POS) Device markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Handheld Point of Sale (POS) Device market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Handheld Point of Sale (POS) Device market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Handheld Point of Sale (POS) Device industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Traditional POS, Smart POS).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Handheld Point of Sale (POS) Device market.
Regional Analysis: The report involves examining the Handheld Point of Sale (POS) Device market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Handheld Point of Sale (POS) Device market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Handheld Point of Sale (POS) Device:
Company Analysis: Report covers individual Handheld Point of Sale (POS) Device manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Handheld Point of Sale (POS) Device This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Healthcare, Retail).
Technology Analysis: Report covers specific technologies relevant to Handheld Point of Sale (POS) Device. It assesses the current state, advancements, and potential future developments in Handheld Point of Sale (POS) Device areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Handheld Point of Sale (POS) Device market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Handheld Point of Sale (POS) Device market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Traditional POS
Smart POS
Market segment by Application
Healthcare
Retail
Hospitality
Airport
BFSI
Others
Major players covered
Ingenico Group
Casio Computer
Datalogic
First Data Corporation
Fujitsu
Honeywell International
NCR Corporation
Motorola Solutions
Oracle
Verifone
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Handheld Point of Sale (POS) Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Handheld Point of Sale (POS) Device, with price, sales, revenue and global market share of Handheld Point of Sale (POS) Device from 2019 to 2024.
Chapter 3, the Handheld Point of Sale (POS) Device competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Handheld Point of Sale (POS) Device breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Handheld Point of Sale (POS) Device market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Handheld Point of Sale (POS) Device.
Chapter 14 and 15, to describe Handheld Point of Sale (POS) Device sales channel, distributors, customers, research findings and conclusion.