Global Point-of-Sale Terminals Market Size, Trends & Growth Opportunity, By Product (Fixed, and Mobile), By Component (Software, Hardware, and Service), By Technology (Analog, and IP-Based), By Application (Entertainment, Warehouse/Distribution, Retail, Healthcare, Hospitality, Restaurants), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Market Overview
Global Point-of-Sale Terminals Market was valued at USD 74.82 billion in 2021 which is expected to reach USD 180.25 billion by 2027 at a CAGR 15.74% from 2022-2027.
The hardware system known as a point-of-sale is used at retail locations to process card payments. The transaction during the sale of a good or service is managed by point-of-sale software. The market will grow significantly over the forecast period due to an increase in business concentration and rising customer frequency.
Market Drivers
the primary factor anticipated to boost the market for point-of-sale terminals worldwide is the rise in demand for contactless and cashless payments. Additionally, increased technological development will benefit market expansion.
Additionally, the market will be stimulated by the increased adoption of digital technology across several industries, including healthcare, retail, restaurants, and hospitality. Additionally, the market will grow as smartphone and tablet penetration increases. In addition, increasing investments in end-to-end encryption technology are anticipated to increase consumer demand for secure point-of-sale terminals soon.
Market Restraints
The main factor expected to restrain the global market for point-of-sale terminals is data security concerns. Additionally, a lack of standards will hinder market expansion.
Market Segmentation
The Global Point-of-Sale Terminals Market is segmented into product such as Fixed, and Mobile, by component such as Software, Hardware, and Service, by deployment such as On-Premise, and Cloud. Further, market is segmented into application such as Entertainment, Warehouse/Distribution, Retail, Healthcare, Hospitality, Restaurants, and Others.
Regional Analysis
The Global Point-of-Sale Terminals Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
During the forecast period, the Asia Pacific region is expected to register the fastest rate of growth. The demand in this region for POS terminals is rising as a result of government initiatives to support a cashless society. Numerous opportunities for mPOS have emerged in nations like Japan, China, and India thanks to the region's growing adoption of digital payment technologies.
However, the need for fixed POS terminals from large businesses to safeguard their business information and make sure that a lot of customer data is processed is promoting the segment's expansion.
Market Key Players
Various key players are discussed in this report such as Toshiba Corporation, Panasonic Corporation, Micros Systems, Inc, NCR Corporation, PAX Technology, POS Direct Ltd., Epicor Software Corporation, Bucher Industries AG, and Diebold Nixdorf.
Market Taxonomy
By Product
- Fixed
- Mobile
- Software
- Hardware
- Service
- On-premise
- Cloud
- Entertainment
- Warehouse/Distribution
- Retail
- Healthcare
- Hospitality
- Restaurants
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Point-of-Sale Terminals Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Point-of-Sale Terminals Market, By Product Type
- 5.1 Y-o-Y Growth Comparison, By Product Type
- 5.2 Global Point-of-Sale Terminals Market Share Analysis, By Product Type
- 5.3 Global Point-of-Sale Terminals Market Size and Forecast, By Product Type
- 5.3.1 Fixed
- 5.3.2 Mobile
- 6 Global Point-of-Sale Terminals Market, By Component
- 6.1 Y-o-Y Growth Comparison, By Component
- 6.2 Global Point-of-Sale Terminals Market Share Analysis, By Component
- 6.3 Global Point-of-Sale Terminals Market Size and Forecast, By Component
- 6.3.1 Software
- 6.3.2 Hardware
- 6.3.3 Service
- 7 Global Point-of-Sale Terminals Market, By Deployment
- 7.1 Y-o-Y Growth Comparison, By Deployment
- 7.2 Global Point-of-Sale Terminals Market Share Analysis, By Deployment
- 7.3 Global Point-of-Sale Terminals Market Size and Forecast, By Deployment
- 7.3.1 On-Premise
- 7.3.2 Cloud
- 8 Global Point-of-Sale Terminals Market, By Application
- 8.1 Y-o-Y Growth Comparison, By Application
- 8.2 Global Point-of-Sale Terminals Market Share Analysis, By Application
- 8.3 Global Point-of-Sale Terminals Market Size and Forecast, By Application
- 8.3.1 Entertainment
- 8.3.2 Warehouse/Distribution
- 8.3.3 Retail
- 8.3.4 Healthcare
- 8.3.5 Hospitality
- 8.3.6 Restaurants
- 8.3.7 Others
- 9 Global Point-of-Sale Terminals Market, By Region
- 9.1 Global Point-of-Sale Terminals Market Share Analysis, By Region
- 9.2 Global Point-of-Sale Terminals Market Share Analysis, By Region
- 9.3 Global Point-of-Sale Terminals Market Size and Forecast, By Region
- 10 North America Point-of-Sale Terminals Analysis and Forecast (2022 – 2027)
- 10.1 Introduction
- 10.2 North America Point-of-Sale Terminals Market Share Analysis, By Product Type
- 10.3 North America Point-of-Sale Terminals Market Size and Forecast, By Component
- 10.4 North America Point-of-Sale Terminals Market Size and Forecast, By Deployment
- 10.5 North America Point-of-Sale Terminals Market Size and Forecast, By Application
- 10.6 North America Point-of-Sale Terminals Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.2 Canada
- 10.6.3 Mexico
- 11 Europe Point-of-Sale Terminals Market Analysis and Forecast (2022 – 2027)
- 11.1 Introduction
- 11.2 Europe Point-of-Sale Terminals Market Share Analysis, By Product Type
- 11.3 Europe Point-of-Sale Terminals Market Size and Forecast, By Component
- 11.4 Europe Point-of-Sale Terminals Market Size and Forecast, By Deployment
- 11.5 Europe Point-of-Sale Terminals Market Size and Forecast, By Application
- 11.6 Europe Point-of-Sale Terminals Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.2 France
- 11.6.3 UK
- 11.6.4 Rest of Europe
- 12 Asia Pacific Point-of-Sale Terminals Market Analysis and Forecast (2022 – 2027)
- 12.1 Introduction
- 12.2 Asia Pacific Point-of-Sale Terminals Market Share Analysis, By Product Type
- 12.3 Asia Pacific Point-of-Sale Terminals Market Size and Forecast, By Component
- 12.4 Asia Pacific Point-of-Sale Terminals Market Size and Forecast, By Deployment
- 12.5 Asia Pacific Point-of-Sale Terminals Market Size and Forecast, By Application
- 12.6 Asia Pacific Point-of-Sale Terminals Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.2 Japan
- 12.6.3 India
- 12.6.4 Rest of Asia Pacific
- 13 Latin America Point-of-Sale Terminals Market Analysis and Forecast (2022 – 2027)
- 13.1 Introduction
- 13.2 Latin America Point-of-Sale Terminals Market Share Analysis, By Product Type
- 13.3 Latin America Point-of-Sale Terminals Market Size and Forecast, By Component
- 13.4 Latin America Point-of-Sale Terminals Market Size and Forecast, By Deployment
- 13.5 Latin America Point-of-Sale Terminals Market Size and Forecast, By Application
- 13.6 Latin America Point-of-Sale Terminals Market Size and Forecast, By Country
- 13.6.1 Brazil
- 16.6.2 Rest of Latin America
- 14 Middle East Point-of-Sale Terminals Market Analysis and Forecast (2022 – 2027)
- 14.1 Introduction
- 14.2 Middle East Point-of-Sale Terminals Market Share Analysis, By Product Type
- 14.3 Middle East Point-of-Sale Terminals Market Size and Forecast, By Component
- 14.4 Middle East Point-of-Sale Terminals Market Size and Forecast, By Deployment
- 14.5 Middle East Point-of-Sale Terminals Market Size and Forecast, By Application
- 14.6 Middle East Point-of-Sale Terminals Market Size and Forecast, By Country
- 14.6.1 Saudi Arabia
- 14.6.2 UAE
- 14.6.3 Egypt
- 14.6.4 Kuwait
- 14.6.5 South Africa
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 Toshiba Corporation
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Panasonic Corporation
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3 Micros Systems, Inc.
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4 NCR Corporation
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 PAX Technology
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 POS Direct Ltd.
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 Epicor Software Corporation
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 Bucher Industries AG
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 Diebold Nixdorf
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
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