A point of sale terminal (POS terminal) is an electronic device used to process card payments at retail locations. A POS terminal generally reads the information off a customer’s credit or debit card, checks whether the funds in a customer’s bank account are sufficient, transfers the funds from the customer’s account to the seller’s account and records the transaction and prints a receipt.
The current trend is away from traditional proprietary hardware and toward software-based POS systems that can be loaded into a tablet or other mobile device. To stay ahead of the curve, POS terminal makers are introducing their own versions of portable and mobile POS devices. Such devices can be seen at busy retail stores and restaurants where owners are cognizant of the fact that customers generally do not like waiting around to pay for a product or meal. Price, function and user-friendliness are important criteria for POS system purchasers. Extremely important in the growing interconnected world is the security of the systems. Some high-profile hacks of customer data have occurred through POS terminals that did not have updated operating systems.
Over the next five years, it is projected that Point Of Sale (Pos) Terminal will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Point Of Sale (Pos) Terminal market by product type, application, key manufacturers and key regions.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Newland Payment Technology
To calculate the market size, it is considered value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Point Of Sale (Pos) Terminal by Players
4 Point Of Sale (Pos) Terminal by Regions
8 Middle East & Africa
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