Global POS Hardware Market Growth 2023-2029

Global POS Hardware Market Growth 2023-2029

The full name of POS is the point of sale information management system. It is a terminal reader equipped with barcode or OCR code technology and has cash or barter line cashier functions.Its main task is to provide data services and management functions for commodity and media transactions, and to conduct non-cash settlement. The POS machine is a terminal reader equipped with bar code or OCR code technology, which consists of a host part, a password keyboard, a power adapter and a printing part.
LPI (LP Information)' newest research report, the “POS Hardware Industry Forecast” looks at past sales and reviews total world POS Hardware sales in 2022, providing a comprehensive analysis by region and market sector of projected POS Hardware sales for 2023 through 2029. With POS Hardware sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world POS Hardware industry.
This Insight Report provides a comprehensive analysis of the global POS Hardware landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on POS Hardware portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global POS Hardware market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for POS Hardware and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global POS Hardware.
The global POS Hardware market size is projected to grow from US$ 9258.5 million in 2022 to US$ 19860 million in 2029; it is expected to grow at a CAGR of 19860 from 2023 to 2029.
POS hardware is mainly divided into wireless, mobile and fixed POS devices. In 2020, wireless POS devices will account for about 57% of the market share.
Mainly used in retail, hotel and catering, etc. In 2020, retail sales will account for about 54% of the market share.
Globally, the concentration of major manufacturers is relatively high. The top five manufacturers (Ingenico, Huierfeng, NCR, PAX Global Technology, Newland Pay) account for about 74% of the entire market share
China has maintained the highest demand in recent years, accounting for about 42% of the entire market demand in 2020
This report presents a comprehensive overview, market shares, and growth opportunities of POS Hardware market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Wireless POS Equipment
Mobile POS Device
Fixed POS Device
Segmentation by application
Retail
Hotel and Catering
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ingenico
Verifone
NCR
Pax Technology
NPT
NEWPOS
NEXGO
Centerm
Castles Tech
CyberNet
Bitel
SZZT

Key Questions Addressed in this Report
What is the 10-year outlook for the global POS Hardware market?
What factors are driving POS Hardware market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do POS Hardware market opportunities vary by end market size?
How does POS Hardware break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.