Global Point of Sales (POS) Terminal Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2020

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

Global Point of Sales (POS) Terminal Market The soaring adoption of payments through digital mode are transforming the global technology from cash-based to cashless coupled with the investment in R&D for technological advancement across the globe is propelling the Global POS Terminal market. Moreover, various governments’ support to improve the payment system is strengthening the Global POS Terminal market across the globe.

For instance, the “Federal Budget 2019” announced by the Government of Canada includes the measures regarding the improvement for payment system in the country specifically in the retail sector. Also, in 2019, the government announced that it is working with Amazon to introduce a mobile payment system “CoDi” which would allow the end users to purchase as well as pay through mobile by QR codes. Moreover, the Government in India waived off import duties on point-of-sale (POS) terminals from China in 2019.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-115819
The Final Report will cover the impact analysis of COVID-19 on this industry: Global Point of Sales (POS) Terminal Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2020

According to MarkNtel Advisors’ research report titled “Global Point of Sales (POS) Terminal Market Analysis, 2020”, the Global POS Terminal market is anticipated to grow at a CAGR of around 8.72% during 2020-25. APAC region currently dominates the Global POS Terminal market as the countries in the region such as India and China are moving swiftly toward the adoption of the digital payment system.

Moreover, expanding the retail sector and launch of of the new hypermarkets and supermarkets across the globe are resulting in more deployment of POS terminals. For instance, hypermarkets and supermarkets in China such as Lianhua Supermarket, Hongqi, Zhongbai, Yonghui Superstores opened 295, 119, 200, 332 stores respectively in 2017.

Also, the investment in infrastructure across the globe in industries such as hospitality, healthcare, retail, and education would drive the Global POS Terminal market. In 2018, the Government of the U.K announced to invest USD 8.76billion in the infrastructure, energy, retail, and tech in Africa.

Product Launches by Established Players to Lead to Stiff Competition
The companies in the Global POS Terminal market are investing in the process of product innovation to expand the product portfolio. The leading companies in the Global POS Terminal market are Ingenico, VeriFone Systems, Fujian Newland Payment Technology, Centerm Information Co, PAX Technology. Many companies are launching new products to remain competitive in the market.

TABLE OF CONTENT

1. Research Process
1.1. Assumptions
1.2. Market Segmentation
1.3. Market Definition
2. Executive Summary
3. Global POS Terminal Market Outlook, 2015-2025F
3.1. Market Size & Analysis

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

Related Links
https://www.sdki.jp/

Related Reports

Leave a ReplyCancel Reply