Global Retail POS Terminals Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Retail POS Terminals market size was valued at US$ 17310 million in 2023. With growing demand in downstream market, the Retail POS Terminals is forecast to a readjusted size of US$ 27890 million by 2030 with a CAGR of 7.1% during review period.
The research report highlights the growth potential of the global Retail POS Terminals market. Retail POS Terminals are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Retail POS Terminals. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Retail POS Terminals market.
A Point of Sale Terminal (POS terminal) is an electronic device used to process card payments at retail locations.
A POS Terminal is generally used to read the information off a customer’s credit or debit card, check whether the funds in a customer’s bank account are sufficient, transfer the funds from the customer’s account to the seller’s account (or at least, accounts for the transfer with the credit card network) and record the transaction and prints a receipt.
Key Features:
The report on Retail POS Terminals market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Retail POS Terminals market. It may include historical data, market segmentation by Type (e.g., Fixed Retail POS Terminals, Mobile Retail POS Terminals), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Retail POS Terminals market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Retail POS Terminals market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Retail POS Terminals industry. This include advancements in Retail POS Terminals technology, Retail POS Terminals new entrants, Retail POS Terminals new investment, and other innovations that are shaping the future of Retail POS Terminals.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Retail POS Terminals market. It includes factors influencing customer ' purchasing decisions, preferences for Retail POS Terminals product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Retail POS Terminals market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Retail POS Terminals market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Retail POS Terminals market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Retail POS Terminals industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Retail POS Terminals market.
Market Segmentation:
Retail POS Terminals 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.
Segmentation by type
Fixed Retail POS Terminals
Mobile Retail POS Terminals
Others
Segmentation by application
Department Stores
Warehouse
Discount Stores
Supermarkets/Hypermarkets
Convenience Stores
Speciality Stores
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.
Cisco Systems
Epicor Software Corporation
Hewlett-Packard Company
Ingenico Group
Micros Systems
NCR Corporation
Panasonic Corporation
PAX Technology
Samsung Electronics
Toshiba Corporation
VeriFone Systems
Rain
iQmetrix
Odoo
LS Retail
LivePOS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Retail POS Terminals market?
What factors are driving Retail POS Terminals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Retail POS Terminals market opportunities vary by end market size?
How does Retail POS Terminals break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.