Global Point of Sale (POS) Terminals Market Growth 2023-2029

Global Point of Sale (POS) Terminals Market Growth 2023-2029

The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed. At the point of sale, the merchant would calculate the amount owed by the customer and indicate the amount, and may prepare an invoice for the customer (which may be a cash register printout), and indicate the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed, but is increasingly being dispensed with or sent electronically.

POS Terminals is a computerized replacement for a cash register. The POS system can include the ability to record and track customer orders, process credit and debit cards, connect to other systems in a network, and manage inventory. Generally, a POS terminal has as its core a personal computer, which is provided with application-specific programs and I/O devices for the particular environment in which it will serve. A POS system for a restaurant, for example, is likely to have all menu items stored in a database that can be queried for information in a number of ways. POS terminals are used in most industries that have a point of sale such as a service desk, including Entertainment, Healthcare, Hospitality, and Retail.
LPI (LP Information)' newest research report, the “Point of Sale (POS) Terminals Industry Forecast” looks at past sales and reviews total world Point of Sale (POS) Terminals sales in 2022, providing a comprehensive analysis by region and market sector of projected Point of Sale (POS) Terminals sales for 2023 through 2029. With Point of Sale (POS) Terminals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Point of Sale (POS) Terminals industry.
This Insight Report provides a comprehensive analysis of the global Point of Sale (POS) Terminals 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 Point of Sale (POS) Terminals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Point of Sale (POS) Terminals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Point of Sale (POS) Terminals 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 Point of Sale (POS) Terminals.
The global Point of Sale (POS) Terminals market size is projected to grow from US$ 8904 million in 2022 to US$ 25440 million in 2029; it is expected to grow at a CAGR of 25440 from 2023 to 2029.
The industry's leading manufacturers are Verifone, Ingenico and First Data, which accounted for 36.67%, 21.38% and 13.01% of revenue in 2019, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Point of Sale (POS) Terminals market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Traditional POS Terminals
Smart POS Terminals
Mobile POS Terminals
Segmentation by application
Retail
Restaurant
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.
Verifone
Ingenico
First Data
BBPOS
Castles Tech
UIC
Equinox Pymts
Pax Technology
USA Tech
Square
SZZT
Key Questions Addressed in this Report
What is the 10-year outlook for the global Point of Sale (POS) Terminals market?
What factors are driving Point of Sale (POS) Terminals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Point of Sale (POS) Terminals market opportunities vary by end market size?
How does Point of Sale (POS) Terminals 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.