POS Terminals Market In Retail Sector 2024-2028
The pos terminals market in retail sector is forecasted to grow by USD 878.4 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the pos terminals market in retail sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by enhanced functionality of pos, increased demand for wireless pos terminals, and increased regulatory intervention on secure payment.
Technavio's pos terminals market in retail sector is segmented as below:
- By Technology
- EMV
- Non-EMV
- By Product
- Contact
- Contactless
- By End-user
- Supermarket
- Specialty store
- Hypermarket
- Gas stations
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increased demand for self-service checkout as one of the prime reasons driving the pos terminals market in retail sector growth during the next few years. Also, emergence of biometric emv pos terminals and shift toward cloud-based solutions will lead to sizable demand in the market.
The report on the pos terminals market in retail sector covers the following areas:
- POS Terminals Market In Retail Sector sizing
- POS Terminals Market In Retail Sector forecast
- POS Terminals Market In Retail Sector industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pos terminals market in retail sector vendors that include BBPOS International Ltd., Block Inc., Cybernet Manufacturing Inc., Fiserv Inc., HP Inc., NBS Payment Solutions Inc., NCR Voyix Corp., NEC Corp., New POS Technology Ltd., Newland Digital Technology Co. Ltd., Oracle Corp., PAX Global Technology Ltd., Posiflex Technology Inc., Qashier Pte Ltd., Samsung Electronics Co. Ltd., Toshiba Corp., Touch Dynamic, UICPayworld, VeriFone Inc., and Worldline SA. Also, the pos terminals market in retail sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.