"Global POS (point of sale system) Terminals Market – Industry Trends and Forecast to 2028

Global POS (point of sale system) Terminals Market, By Component (Hardware, Software, Services), Type (Fixed POS Terminals, Portable and Mobile POS), Application (Restaurant, Hospitality, Healthcare, Retail, Warehouse or Distribution, Entertainment, Others), and  Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

The POS (point of sale system) terminals market is expected to witness market growth at a rate of 11. 05% in the forecast period of 2021 to 2028. Data Bridge Market Research report on POS (point of sale system) terminals market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the use of smartphones is escalating the growth of POS (point of sale system) terminals market.

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**Segments**

- **Type**: The POS terminals market can be segmented based on the type of terminals, including mobile POS terminals, fixed POS terminals, and wireless POS terminals. Mobile POS terminals are gaining popularity due to their portability and convenience, allowing transactions to be conducted on-the-go. Fixed POS terminals, on the other hand, are more stationary and commonly found in retail stores and restaurants. Wireless POS terminals offer flexibility with connectivity options like Bluetooth and Wi-Fi.

- **Component**: Another crucial segmentation in the POS terminals market is based on the components used in the terminals. This includes hardware components such as card readers, display screens, keypads, and printers, as well as software components like operating systems, POS software, and security systems. The integration of advanced components enhances the efficiency and security of POS systems, catering to the diverse needs of businesses.

- **End-Use Industry**: POS terminals cater to a wide range of end-use industries, such as retail, hospitality, healthcare, entertainment, and others. Each industry has specific requirements for POS systems, such as inventory management, order processing, customer relationship management, and analytics. The customization of POS terminals for different industries drives innovation and competitiveness in the market.

**Market Players**

- Samsung Electronics Co. Ltd.
- Toshiba Corporation
- Hewlett-Packard Development Company, L.P.
- PAX Global Technology Limited
- VeriFone Systems, Inc.
- Ingenico Group
- NEC Corporation
- Panasonic Corporation
- Squirrel Systems
- Intuit Inc.

https://www.databridgemarketresearch.com/reports/global-pos-terminals-marketThe POS terminals market is experiencing significant growth and evolution driven by technological advancements and changing consumer preferences. One key trend that is shaping the market is the increasing adoption of cloud-based POS systems. Cloud-based POS terminals offer businesses greater flexibility, scalability, and cost-effectiveness compared to traditional on-premise systems. The ability to access real-time data and analytics from anywhere has become crucial for businesses looking to streamline operations and improve decision-making processes.

Another important factor influencing the POS terminals market is the rising demand for integrated payment solutions. Consumers today expect seamless and secure payment experiences, leading to the integration of payment processing capabilities within POS terminals. This trend is driving collaboration between POS terminal providers and payment service providers to offer end-to-end solutions that meet the needs of modern businesses and consumers.

The shift towards omnichannel retailing is also impacting the POS terminals market, as businesses strive to create unified shopping experiences across online and offline channels. POS terminals play a critical role in enabling omnichannel strategies by integrating inventory management, customer data, and loyalty programs to deliver personalized and consistent experiences to customers. As businesses focus on enhancing customer engagement and loyalty, the demand for integrated POS solutions that support omnichannel retailing is expected to rise.

In terms of competition, the POS terminals market is characterized by intense rivalry among key players vying for market share and technological leadership. Companies like Samsung Electronics, Toshiba Corporation, and VeriFone Systems continue to invest in research and development to launch innovative POS solutions that cater to the evolving needs of the market. Strategic partnerships, mergers, and acquisitions are also common strategies adopted by market players to expand their product portfolios and geographic presence.

Looking ahead, the POS terminals market is poised for further growth as businesses across industries recognize the value of advanced POS systems in driving operational efficiency and customer satisfaction. With the ongoing digital transformation and the emergence of new technologies like artificial intelligence and blockchain, the POS terminals market is likely to witness continued innovation and disruption. Companies that can adapt to these changes and offer**Global POS (Point of Sale System) Terminals Market Analysis**

- **Segments**
The POS terminals market is segmented based on the type of terminals, including mobile, fixed, and wireless POS terminals. Mobile POS terminals are witnessing increased adoption due to their portability and convenience, while fixed terminals are commonly used in retail stores. Wireless terminals offer flexibility with connectivity options like Bluetooth and Wi-Fi. Another crucial segmentation is based on the components used in the terminals, including hardware components such as card readers and software components like operating systems. The end-use industry segment includes retail, hospitality, healthcare, and entertainment, each with specific requirements for POS systems.

**Market Players**
The POS terminals market is competitive, with key players like Samsung Electronics, Toshiba Corporation, and VeriFone Systems investing in research and development to launch innovative solutions. Strategic partnerships, mergers, and acquisitions are common strategies to expand product portfolios. The market is experiencing growth driven by technological advancements and changing consumer preferences. Cloud-based POS systems offer flexibility and cost-effectiveness, while integrated payment solutions meet the demand for seamless and secure payment experiences. The shift towards omnichannel retailing is influencing the market, driving the demand for integrated POS solutions that support personalized and consistent customer experiences.

**Industry Trends and Forecast**
The global POS terminals market, by component (hardware, software, services), type (fixed, portable, mobile), and application (restaurant, hospitality, healthcare, retail, entertainment, others), is projected to witness

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Core Objective of POS (point of sale system) Terminals Market:

Every firm in the POS (point of sale system) Terminals Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

• Size of the POS (point of sale system) Terminals Market and growth rate factors.
• Important changes in the future POS (point of sale system) Terminals Market.
• Top worldwide competitors of the Market.
• Scope and product outlook of POS (point of sale system) Terminals Market.
• Developing regions with potential growth in the future.
• Tough Challenges and risk faced in Market.
• Global POS (point of sale system) Terminals top manufacturers profile and sales statistics.

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