Asia Pacific Point of Sale (POS) terminal market report thoroughly covers the market by terminal type, end-users, and countries such as Japan, China, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of the APAC region. The APAC POS market outlook report provides an unbiased and detailed analysis of the ongoing APAC POS market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
APAC POS terminal market is expected to witness substantial growth primarily due to digitization and growth in online business transactions. APAC is one of the most emerging and revenue-generating markets all across the world. Further, China, Japan, and India are some of the key frontrunners in the adoption of POS terminals in APAC. However, other major countries such as Singapore, Laos, South Korea, and the Philippines have also taken initiatives such as passing the mandatory regulatory framework, adopting cloud-first policies, widening broadband penetration as well as broadening access to the Internet. These initiatives will spur the demand for the APAC POS terminal market during the forecast period.
According to 6Wresearch, the Asia Pacific (APAC) POS Terminal Market is projected to register substantial growth during 2020-2026. Move towards digitization, increasing demand for mobile POS terminals, rising adoption of mobile wallets, favorable regulations as well as increasing adoption of cloud technology are some of the key growth drivers of the APAC POS terminal market. However, the APAC POS terminal market is expected to witness a downfall during the initial months of 2020 due to the outbreak of the Covid-19 pandemic in the region and the market is expected to recover gradually over the next few years. The rising adoption of cloud-based POS is adding to the development of the industry. Moreover, the adoption of this technology in various sectors such as restaurants is also accelerating the Asia Pacific POS terminal market growth. The expansion of the hospitality sector also triggers the potential growth of the industry. Increasing health concern owing to the adoption of contactless payment method is developing the growth of the industry.
Some of the prominent players operating in the India POS terminal market are Ingenico International India Pvt. Ltd., Verifone India Sales Pvt. Ltd., Mswipe Technologies Private Limited, Ezetap Mobile Solutions Pvt. Ltd., MobiSwipe Technologies Private Limited, Paynear One, PayU Money, ePaisa, Pine Labs and PAX Technologies Pvt. Ltd.
Asia Pacific POS terminal market is projected to gain traction in the upcoming six years on the back of the rising expansion of the brand store establishment across the region. Further, the Indian POS terminal market is gaining traction underpinned by The growing establishment of commercial sectors such as retail outlets, hypermarkets, and supermarket stores due to the increasing growth of the urban population and rising discretionary spending of the population in the country which has led to simultaneously proliferate the adoption for POS terminal to ensure efficient payment method and this is expected to benefit the progressive growth of the India POS terminal market, as a result, is expected to spur the growth of the Asia Pacific POS the terminal market in the coming years.
Market Analysis by Country
In terms of countries, China, India, and Japan are the leading revenue-generating countries, which have witnessed substantial growth in POS installation over the past few years due to technological innovation, development of the e-commerce sector, and the digitization plans initiated by the government.
Market Analysis by POS Terminal Type
In terms of POS Terminal type, the portable and mobile POS terminals are registering significant growth.
Market Analysis by end-users
On the basis of end-user, the healthcare and retail verticals are dominating the overall APAC POS terminal market due to the outbreak of the Covid-19 pandemic in the region.
Key Highlights of the Report:
- APAC POS Terminal Market Overview
- APAC POS Terminal Market Outlook
- APAC POS Terminal Market Forecast
- Historical Data ofAPAC POSTerminal Market Revenues for the Period 2016-2019
- APAC POS Terminal Market Size and Forecast of Revenues, Until 2026
- Historical Data of APAC POS Terminal Market Revenues, by Terminal Types, for the Period 2016-2019
- Market Size & Forecast of APAC POS Terminal Market Revenues, by Terminal Types, until 2026
- Historical Data of APAC POS Terminal Market Revenues, by End-User, for the Period 2016-2019
- Market Size & Forecast of APAC POS Terminal Market Revenues, by End-User, until 2026
- Historical Data of Japan Point-of-Sale Terminal Market Revenues and Volume, for the Period 2016-2019
- Market Size & Forecast of Japan Point-of-Sale Terminal Market Revenues and Volume, Until 2026
- Historical Data of China Point-of-Sale Terminal Market Revenues and Volume, for the Period 2016-2019
- Market Size & Forecast of China Point-of-Sale Terminal Market Revenues and Volume, Until 2026
- Historical Data of India Point-of-Sale Terminal Market Revenues and Volume, for the Period 2016-2019
- Market Size & Forecast of India Point-of-Sale Terminal Market Revenues and Volume, Until 2026
- Historical Data of Australia Point-of-Sale Terminal Market Revenues and Volume, for the Period 2016-2019
- Market Size & Forecast of Australia Point-of-Sale Terminal Market Revenues and Volume, Until 2026
- Historical Data of Malaysia Point-of-Sale Terminal Market Revenues and Volume, for the Period 2016-2019
- Market Size & Forecast of Malaysia Point-of-Sale Terminal Market Revenues and Volume, Until 2026
- Historical Data of Thailand Point-of-Sale Terminal Market Revenues and Volume, for the Period 2016-2019
- Market Size & Forecast of Thailand Point-of-Sale Terminal Market Revenues and Volume, Until 2026
- Historical Data of Indonesia Point-of-Sale Terminal Market Revenues and Volume, for the Period 2016-2019
- Market Size & Forecast of Indonesia Point-of-Sale Terminal Market Revenues and Volume, Until 2026
- Historical Data of Rest of the APAC region Point-of-Sale Terminal Market Revenues and Volume, for the Period 2016-2019
- Market Size & Forecast of Rest of the APAC Point-of-Sale Terminal Market Revenues and Volume, Until 2026
- Market Drivers and Restraints
- APAC POS Terminal Market Trends
- Market Opportunity Assessment
- APAC POS Terminal Market Share, By Countries
- APAC POS Terminal Market Share, By Players
- APAC POS Terminal Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
TheAPAC POS terminal marketreport provides a detailed analysis of the following market segments:
By POS Terminal Type:
- Portable
- Countertop
- Mobile POS
- PIN Pad
- Multimedia
By End Users:
- Hospitality & Healthcare
- Retail & e-Commerce
- Government & Transportation
- Others
By Countries:
- Japan
- China
- India
- Australia
- Malaysia
- Thailand
- Indonesia
- Rest of APAC
