The purpose of the report is to illustrate the state of the market of Point of Sale (POS) Terminals, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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A Point of Sale (POS) is a mechanized alternative for a cash register with the ability to record and track customer orders, process debit/credit cards, connect to other systems in network, and control inventory across geographically dispersed locations. The POS terminal market has witnessed a significant change and expansion with the advancements in technology leading to the growth of alternative POS solutions including Android POS and SaaS-based POS terminals. The POS terminals are moving towards digital format, with electronic signature capture and e-mailed receipts enabling paper free transactions. The introduction of chip-embedded payment solutions and personal identification number (PIN) is expected to minimize the security concerns pertaining to data theft, further expanding the POS terminals market.
Ingenico S.A., Verifone Systems, Inc., and PAX Technology Ltd are the leading POS terminal vendors in the global POS terminals market. Other players including Panasonic Corporation, Toshiba Corporation, Hewlett Packard, and Samsung Electronics Co., Ltd NCR Corporation and MICROS Systems, Inc. have been identified as promising and emerging players in the POS terminals industry.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Point of Sale (POS) Terminals buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Point of Sale (POS) Terminals contains:
Analysis and forecast of Point of Sale (POS) Terminals market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Point of Sale (POS) Terminals market;
Assessment and forecast of Point of Sale (POS) Terminals market development;
Financial and business profiles of the leading companies in the Point of Sale (POS) Terminals industry.
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– Up to date working Point of Sale (POS) Terminals data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Point of Sale (POS) Terminals for the period 2018 to 2026
– Planned Point of Sale (POS) Terminals additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Point of Sale (POS) Terminals projects by region, key countries, and companies
– Details of major planned Point of Sale (POS) Terminals projects in the world up to 2026
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