Southeast Asia Pos Terminal Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Southeast Asian POS terminal market is expected to register a CAGR of approximately 16.56% over the next five years. The adoption of POS terminals has grown significantly, owing to their ability to offer an increased return on investment and ease of access. POS systems facilitating transactions from the central component of businesses across industries, such as retail and hospitality, have gained importance in small and big-sized companies over the years.
Key HighlightsThe Southeast Asian point-of-sale terminal market is moderately fragmented due to the presence of local and international players. The players in the market are investing in inventing new ways to attract and retain customers. The subscription-based pricing model in the software segment offers flexibility to the customers but increases the market competition.
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