the Central Government under ‘Pradhan Mantri Jan Dhan Yojna' and a relentless drive of the Government towards a cashless economy. The market is also witnessing significant demand owing to banks pushing to gain an advantage in merchant acquisition business through procurement of a large number of POS terminals.
Electronic devices POS terminals use for printing bills, card payments, and implementing loyalty programs across various end-use verticals such as warehouse/distribution, entertainment, hospitality, healthcare, restaurants. Connecting to the other system product record & track customer orders and credit & debit cards. New technological include cloud-based Point of sale, increasing the efficiency of businesses by high return on investment (ROI), mobile POS with bar code scanners.
According to 6Wresearch, India POS Terminals Market size is projected to grow at a CAGR of over 16% from 2017 to 2023. In the POS terminal market, the portable POS terminal segment recorded the highest revenue share in the overall India POS terminals market share in 2016 owing to its major deployment in several end-user markets such as hospitality, government, and retail. The use of cloud-based retail POS software is growing immensely. The cloud-powered retail POS software is affordable, and merchants can access customer data distantly with an Internet connection. Such technological advancements in the retail POS market is expected to enhance the growth in the software segment. The integration of the POS software with EMV, mobile-compatible payment terminals helps retailers to achieve secure and quick transaction payments.
In 2016, several end-user markets such as hospitality, retail, and government & transportation registered an increase in demand for POS terminals owing to demonetization (occurred in the last quarter of 2016) which resulted in a cash crunch. The retail segment accounted for the majority of the market revenues while hospitality and healthcare accounted for the highest growth.
India POS Terminal Market report thoroughly covers India POS Terminals Market by type, end-user, and region. India POS Terminals Market outlook report provides an unbiased and detailed analysis of the ongoing India POS Terminals Market trends, opportunities/ high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
• India POS Terminals Market Overview
• India POS Terminals Market Outlook
• India POS Terminals Market Forecast
• India POS Terminals Market Size and India POS Terminals Market Forecast Revenues until 2023
• Historical Data of India Portable POS Terminal Market for the Period 2015-2016
• Market Size & Forecast of India Portable POS Terminal Market until 2023
• Historical Data of India Countertop POS Terminal Market for the Period 2015-2016
• Market Size & Forecast of India Countertop POS Terminal Market until 2023
• Historical Data of India mPOS Terminal Market for the Period 2015-2016
• Market Size & Forecast of India mPOS Terminal Market until 2023
• Historical Data of India PIN Pad Terminal Market for the Period 2012-2016
• Market Size & Forecast of India PIN Pad Terminal Market until 2023
• Historical Data of India Multimedia Terminal Market for the Period 2015-2016
• Market Size & Forecast of India Multimedia Terminal Market until 2023
• End User Data Analysis of India POS Terminals Market until 2023
• Historical Data and Forecast of Northern India POS Terminals Market Revenue for the Period, 2014-2023
• Historical Data and Forecast of Southern India POS Terminals Market Revenue for the Period, 2014-2023
• Historical Data and Forecast of Eastern India POS Terminals Market Revenue for the Period, 2014-2023
• Historical Data and Forecast of Western India POS Terminals Market Revenue for the Period, 2014-2023
• India POS Terminals Market Drivers and Restraints
• India POS Terminals Market Trends
• India POS Terminal Industry Life Cycle and Value Chain Analysis
• India POS Terminals Market Share, By Players
• India POS Terminals Market Overview on Competitive Landscape
• Company Profiles
• Recommendations
Markets Covered
India POS Terminals Market report provides a detailed analysis of the following market segments:
• POS Terminal Type
o Portable
o Countertop
o mPOS
o PIN Pad
o Multimedia
• End Users
o Hospitality & Healthcare (Hotels, Restaurants, Pubs & Bars, QSRs, Hospitals & Healthcare Clinics)
o Retail & e-Commerce (Shopping Malls, Retail Outlets, Supermarkets, and Hypermarkets)
o Government & Transportation (Municipalities, Electricity Boards, PSKs, Petrol Pumps, and Ticket Counters)
o Others (Education, Multiplexes, Entertainment, Sports Complexes, Fitness & Wellness Clubs)
• Regions
o Northern
o Southern
o Eastern
o Western








