India POS Terminal Market (2020-2026)

Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality, Healthcare, Retail,  Government & Transportation and Others), By Regions (Northern, Western, Eastern, Southern) and Competitive Landscape.

Product Code: ETC002431 Publication Date: Nov 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India POS terminal market is expected to register substantial growth primarily due to demonetization initiatives introduced by the Government of India to transform the country into a cashless economy. The adoption of digital transactions has increased the demand for new payment modes and devices which can offer e-payment facilities to buyers. Additionally, government initiatives under the extension of Pradhan Mantri Jan-Dhan Yojana in 2018 will further enhance the demand for online cashless transactions in the country. The introduction of the second phase of the financial inclusion scheme aims at providing a bank account and a bundle of other financial products to every citizen in India. These initiatives would further drive the growth of the POS terminal market in India.

According to 6Wresearch, India POS Terminal Market is anticipated to witness growth during 2020-26. Rising demand for mobile POS terminals, increasing adoption of mobile wallets, favorable regulations, growing e-commerce sector and emergence of new players, rapid urbanization as well as technological advancement are some of the key growth drivers of the POS terminal market in India. Further, the growing tourism industry will also contribute towards increased demand for imported POS Terminals and would further propel the growth of the Indian POS Terminal market in the near future. However, the India 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 country. The market is expected to recover gradually over the next few years.

In terms of type, the portable and mobile POS terminals are registering significant growth in India. Additionally, healthcare and retail verticals are dominating the overall India POS terminal market due to the outbreak of the Covid-19 pandemic in the country. Further, the rural areas are expected to witness a huge demand for the POS terminal market in India due to government initiatives to promote rural development.

Some of the prominent players operating in the India POS terminals market AreIngenico 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.

The India POS terminal report thoroughly covers the market by type, end-users, and by regions including Eastern, Western, Northern, and Southern. India POS Terminal market outlook report provides an unbiased and detailed analysis of the ongoing India POS terminal 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.

India POS terminal market is expected to gain momentum in the upcoming six years on the back of the rising wide scope of product application across various verticals including healthcare, and transportation sectors. Further, 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 has led to simultaneously proliferate the adoption of POS terminals to ensure efficient payment method and this is expected to benefit the progressive growth of the India POS terminal market in the upcoming six years.

India point of sale terminal market is anticipated to find its true potential underpinned by the rising impressive growth of the commercial sector. The increase in the growth of the ritual outlets in the country with the growing urban population coupled with the growing e-commerce stores also strengthening the retail sector growth, as a result, is estimated to bolster the point of sale terminal Installation for the payment purpose and is estimated to benefit the substantial growth of the India point of sale terminal market in the upcoming six years.

Key Highlights of the Report:

  • India POS Terminal Market Overview
  • India POS Terminal Market Outlook
  • India POS Terminal Market Forecast
  • India POS Terminal Market Size and India POS Terminal Market Forecast Until 2026
  • India POS Terminal Market Share, By Types
  • India POS Terminal Market Share, By End Users
  • India POS Terminal Market Share, By Regions
  • Historical Data of India POS Terminal Market Revenues and Volume for the period, 2016-2019
  • Market size and Forecast of India POS Terminal Market Revenues and Volume Until 2026
  • Historical Data of India POS Terminal Market Revenues and Volume, By Types, for the Period 2016-2019
  • Market size and Forecast of India POS Terminal Market Revenues and Volume, By Types, Until 2026
  • Historical Data of India POS Terminal Market Revenues and Volume, By End Users, for the Period 2016-2019
  • Market size and Forecast of India POS Terminal Market Revenues and Volume, By End Users, Until 2026
  • Historical Data of India POS Terminal Market Revenues and Volume, By Regions, for the Period 2016-2019
  • Market size and Forecast of India POS Terminal Market Revenues and Volume, By Regions, Until 2026
  • India POS Terminal Market Drivers and Restraints
  • India POS Terminal Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • India POS Terminal Market Opportunity Assessment
  • India POS Terminal Market Revenue Share, By Company
  • India POS Terminal Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The India POS terminal market report provides a detailed analysis of the following market segments:

  • By Type

    o Portable

    o Countertop

    o Mobile POS

    o PIN Pad

    o Multimedia

  • By End Users

    o Hospitality

    o Retail  

    o Government & Transportation

    o Healthcare

    o Others

  • By Regions

    o Northern

    o Western

    o Eastern

    o Southern

1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights of The Report

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. India POS Terminal Market Overview

3.1. India POS Terminal Market Revenues, 2016-2026F

3.2. India POS Terminal Market Revenue Share, By Types, 2019 & 2026F

3.3. India POS Terminal Market Revenue Share, By End Users, 2019 & 2026F

3.4. India POS Terminal Market Revenue Share, By Regions, 2019 & 2026F

3.5. India POS Terminal Market Industry Life Cycle

3.6. India POS Terminal Market- Porter’s Five Forces

4. India POS Terminal Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. India POS Terminal Market Trends

6. India POS Terminal Market Overview, By Types

6.1. India POS Terminal Market Revenues, By Portable, 2016-2026F

6.2. India POS Terminal Market Revenues, By Countertop, 2016-2026F

6.3. India POS Terminal Market Revenues, By Mobile POS, 2016-2026F

6.4. India POS Terminal Market Revenues, By PIN PAD, 2016-2026F

6.5. India POS Terminal Market Revenues, By Multimedia, 2016-2026F

7. India POS Terminal Market Overview, By End Users

7.1. India POS Terminal Market Revenues, By Hospitality, 2016-2026F

7.2. India POS Terminal Market Revenues, By Retail, 2016-2026F

7.3. India POS Terminal Market Revenues, By Government and Transportation, 2016-2026F

7.4. India POS Terminal Market Revenues, By Healthcare, 2016-2026F

7.5. India POS Terminal Market Revenues, By Others, 2016-2026F

8. India POS Terminal Market Overview, By Regions

8.1. India POS Terminal Market Revenues, By Eastern Region, 2016-2026F

8.2. India POS Terminal Market Revenues, By Western Region, 2016-2026F

8.3. India POS Terminal Market Revenues, By Northern Region, 2016-2026F

8.4. India POS Terminal Market Revenues, By Southern Region, 2016-2026F

9. India POS Terminal Market Key Performance Indicators

10. India POS Terminal Market Opportunity Assessment

10.1. India POS Terminal Market, Opportunity Assessment, By Type, 2026F

10.2. India POS Terminal Market, Opportunity Assessment, End Users, 2026F

10.3. India POS Terminal Market, Opportunity Assessment, Regions, 2026F

11 India POS Terminal Market Competitive Landscape

11.1. India POS Terminal Market Competitive Benchmarking, By Companies, 2019

11.2. India POS Terminal Market Revenue Share, By Operating Parameters, 2019

12. Company Profiles

13. Key Strategic Recommendations

14. Disclaimer

UAE POS Terminal Market (2020-2026): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality, Healthcare, Retail,  Government & Transportation and Others), and Competitive Landscape

Saudi Arabia POS Terminal Market (2020-2026): Market Forecast By POS Terminal Types (Portable, Countertop, Mobile POS, PIN Pad & Multimedia), By End Users (Hospitality, Healthcare, Retail,  Government & Transportation and Others), 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.

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.

Global 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 Regions (Asia Pacific, Europe, North America, Middle East & Africa and Rest of World), By Key Countries and Competitive Landscape

 
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