The Global Point of Sale Terminals Market Report Forecast 2021 – 2025 offers a clear understanding of the subject matter. The report has been gathered using principal and subordinate research methodologies. Both these methods are directed towards cooperating accurate and meticulous data concerning the market dynamics, historical events, and the current market landscape. Additionally, the report also includes a SWOT analysis that concludes the strengths, weaknesses, opportunities, and threats impacting the segments of the overall market. The report also takes into account the impact of the COVID-19 and also forecasts its recovery post-COVID-19.
The point of sale terminal market is expected to register a CAGR of 20% during the forecast period of 2020 to 2025.
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Top Key Players in the Global Point of Sale Terminals Market: Seiko Epson Corp., – Samsung Electronics Co. Ltd., – Ingenico SA, – VeriFone System Inc., – Micros Retail Systems Inc. (Oracle) , – Hewlett Packard Enterprise, – Panasonic Corporation_, – Honeywell International Inc., – EC Corporation, – PAX Techno
Key Market Trends
Fixed Point of Sale to Drive the Growth of Market
– The fixed point of sale (POS) system is considered as the best choice for many merchants for their business operations. Consequently, there are many advantages of choosing an Android-based Fixed point of sale POS hardware. _
– Zebra Technologies offer a fixed point of sale solutions to keep transactions fast and accurate, and lanes are flowing smoothly with scanners that help cashiers to scan items of all sizes that can read barcodes in nearly any condition._
– Fixed POS solutions are used as they give any business the benefit of a more robust management solution, including inventory management, robust business functionality, a cash drawer, employee time clocks, and the capability to manage loyalty programs and gift cards. _Moreover, this traditional form of technology has been around for decades and has been the most recognized and accepted way in the past to process cash payments, check, and credit/debit cards.
– 95% of brick-and-mortar stores process payments that take place with fixed POS solutions, and mobile POS solutions considered as enhancements, and not a replacement, for the traditional POS. Moreover, businesses would excel better with fixed POS solutions than mobile, as they offer robust features and are more familiar to the average employee.
The report offers an in-depth assessment of the growth and other aspects of the Point of Sale Terminals market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Size Estimation:
The Total Addressable Market (TAM) for estimating the market size two approaches are used: Bottom-up and Top-down approach. In the Bottom-up approach, the consumption of in the various segments is taken into account. The regional, segment-wise, and end-user uptake/consumption is taken into account for this approach. This is then totaled to arrive at the TAM for this approach. In the Top-down approach, the company-wise production in terms of both value and volume is taken into account and totaled for arriving at the TAM. This data is then bifurcated based on the consumption in the various market segments.
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This Point of Sale Terminals Market report addresses:
– The Market size from 2015-2020
– Expected market growth until 2025
– Forecast of how market drivers, restraints, and future opportunities will affect
– Segment and regions that will drive or lead market growth and why
– Comprehensive mapping of the competitive landscape
– In-depth analysis of key sustainability strategies adopted by market place
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– 3 months of analyst support
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Covid-19 Impact Analysis:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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