Latest 2021 Developments

Global Point of Sale (POS) Market has seen latest innovations which include the introduction of Radio-Frequency Identification (RFID) or Near Field Communication (NFC) technology that is used in secure payment to render safer transactions within seconds. This technology not only reduces transaction time but also improves the convenience of purchasing small goods, thus supporting the product demand. Furthermore, affordable cloud-based POS systems that facilitate automatic regular updating of the software without the physical presence of professionals help save additional upgrading costs. The POS terminal adoption has supported the vision of governments in bringing a cashless economy, specifically across developed countries, owing to the hassle-free payment option, reduced waiting time in queue, and online payment without carrying cash.

Mergers and Acquisitions:

• In November 2020, Epos Now launched a major partnership with US ecommerce giant, BigCommerce.
• On November 25, 2020, Lightspeed POS Inc. announced the closing of the previously-reported acquisition of ShopKeep Inc.
• On March 4, 2021, Square, Inc. announced that it had entered into a definitive agreement to acquire a majority ownership stake in TIDAL.

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The Global Point-of-Sale market is anticipated to witness immense growth during the forecast period. Multiple features such as inventory management, CRM, employee scheduling, reporting, and payment processing are accelerating the demand for Point-of-Sale globally. The large and small-scale businesses are provided with greater flexibility, control, and intelligence due to advancements in POS terminals, leading to the immense growth of the market.

According to 6Wresearch, Global Point-of-Sale (POS) Market size is projected to register high growth during 2019-2025. Increasing adoption of cloud technology and the need for improved operations in the business are the key factors driving the POS market globally. Consistent changes are required to be done in POS hardware and software due to rapidly changing technology.

The rise in demand for automation, artificial learning, data analysis, and enhanced customer services are some of the other factors leading to the growth of the POS market. APAC region accounted for a major share of market revenues owing to the growing acceptance of cloud technology in the industrial and commercial sectors, followed by the European region.

The POS terminals market report thoroughly covers the market by terminals type, end-users, regions including such as Asia Pacific, Europe, North America, Middle East, and Africa and the Rest of the World and key countries. The POSmarket outlook report provides an unbiased and detailed analysis of the on-going POS market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Point of sale market is going to raise the demand for customer relationship management (CRM), payment processing, customer purchase growth take place. In the global point of sale market for large businesses POS systems gain consumers and then conduct personalized marketing this will help the consumer and attract the consumer and going to boost sales. Small and medium businesses realized the benefit. Industries such as restaurants, retail.  

 

Key Highlights of the Report:

• Global POS Market Overview
• Global POS Market Outlook
• Global POS Market Forecast
• Historical Data of Global POS Market Revenues for the Period 2015-2018
• Global POS Market Size and Global POS Market Forecast of Revenues, Until 2025
• Historical Data of Global POS Market Revenues, by Terminal Types, for the Period 2015-2018
• Market Size & Forecast of Global POS Market Revenues, by Terminal Types, until 2025
• Historical Data of Global POS Market Revenues, by End-User, for the Period 2015-2018
• Market Size & Forecast of Global POS Market Revenues, by End-User, until 2025
• Historical Data of North America point-of-sale Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of North America point-of-sale Market Revenues and Volume, Until 2025
• Historical Data of Latin America point-of-sale Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Latin America point-of-sale Market Revenues and Volume, Until 2025
• Historical Data of Europe point-of-sale Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Europe point-of-sale Market Revenues and Volume, Until 2025
• Historical Data of Asia Pacific POS Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific POS Market Revenues and Volume, Until 2025
• Historical Data of the Middle East and Africa POS Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of the Middle East and Africa POS Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• Global POS Market Trends
• Market Opportunity Assessment
• Global POS Market Share, By Countries
• Global POS Market Share, By Players
• Global POS Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

Global POS Terminals Market report provides a detailed analysis of the following market segments:

• POS Terminal Types:
  • Portable
  • Countertop
  • Mobile POS
  • PIN Pad
  • Multimedia
    
    
• End Users:
  • Hospitality & Healthcare
  • Retail & e-Commerce
  • Government & Transportation
  • Others
    
    
• By Regions:
  • Asia Pacific
  • Europe
  • North America
  • The Middle East and Africa
  • Rest of the World
    
    
• Key Countries

Other Key Related Reports Include:

• APAC POS Market Report
• Europe POS Market Report
• North America POS Market Report
• Latin America POS Market Report
• Middle East and Africa POS Market Report

Asia Pacific (APAC) Point of Sale (POS) Market (2019-2025): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Countries (Japan, China, India, Australia, Malaysia, Thailand, Indonesia and Rest of APAC) and Competitive Landscape.

Europe Point of Sale (POS) Market (2019-2025): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Countries (Germany, UK, France, Italy and Rest of Europe) and Competitive Landscape.

The Middle East & Africa (MEA) Point of Sale (POS) Market (2019-2025): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Countries (Saudi Arabia, Kuwait, UAE, Qatar, Bahrain, Oman, Turkey, Egypt, South Africa, Nigeria and Rest of MEA) and Competitive Landscape.

North America Point of Sale (POS) Market (2019-2025): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality & Healthcare, Retail & E-Commerce, Government & Transportation and Others), By Countries (the US, Canada and Rest of North America) and Competitive Landscape.