India POS Terminals Industry to cross $3bn by 2024

Global Market Insights, Inc., states that India POS terminals market, worth USD 450 million in 2016, is slated to generate a revenue of more than USD 3 billion by 2024. India (Point of Sale) POS terminals market is likely to scale extensive heights of growth, primarily driven by the recent 2016 wave of demonetization that shook the financial roots of the nation. Post demonetization, the Indian government has been implementing strategic plans to encourage online transactions.

According to State Bank of India, payments through credit or debit cards on POS terminals have currently amounted to INR 70,000 crore, a target that could have taken nearly three years to reach in the absence of the demonetization outbreak. It is no surprise therefore, that demonetization has led to an escalated growth in POS terminals industry in India.  Furthermore, SBI reports that financial institutions across the country have deployed nearly 11.8 lakh more POS machines post demonization, and the number is likely to rise in the future with the robust increase in the number of online transactions via these terminals.

Request for a sample of this research report @ https://www.fractovia.org/request-sample/599

As per reports from reliable sources, point of sale terminals will go multi-lingual within a span of few months, which is a major step taken by the Indian government to promote cashless fiscal transactions. The move is expected to subsequently impact India POS terminals market share. The languages predicted to be made available on POS machines include Kannada, Bengali, Telegu, Malayalam, Gujarati, Marathi, Punjabi, and Tamil.

BHIM (Bharat interface for money) had already launched a popular application on 30th December 2016, which was available in seven regional languages and was downloaded 18 million times by the end-users. Current end-user trends have displayed that more users prefer making online payments in their local languages, which in turn, is projected to majorly influence India (Point of Sale) POS terminals industry revenue over the years ahead.

Thriving e-commerce activities across the nation have resulted in escalating demand for both fixed as well as mobile point of sale terminals. India POS terminals industry size from mobiles is projected to record a CAGR of more than 10% over the coming timeframe with more consumer preference for user-friendly mobile wallets. High demand for these products across the hospitality, retail, entertainment, healthcare, and restaurant sectors will further leverage the expansion of India POS terminals market.

As per the Central Government data report publications, there has been a rise of nearly 13% in the sale of POS terminals since October 2016, which implies that many retailers in the country are accepting online mode of payments through POS terminals, a factor that will lead to the development of India POS terminals market size from supermarkets, specialty stores, and the like.

Make an inquiry for purchasing this report @ https://www.fractovia.org/request-purchase/599

However, POS machines are more prone to hacking and are vulnerable to viruses and malwares. A solution to this problem is the enactment of an effective data protection law by the Indian government, which has become need of an hour. In the event that the solution is not implemented, it is likely to arrest the growth of India POS terminals industry.

In India, high product penetration is witnessed across tier-one and tier-two cities. Many of the government schemes such as Pradhan Mantri Jan-Dhan Yojana, Direct Benefit Transfer Scheme, Atal Pension scheme, and Aadhar-enabled systems are expected to boost the product sales across remote regions. NABARD has decided to install more than 1 lakh POS machines in villages to enable effective, time-saving, and quick monetary transactions, gradually leading the country towards a paperless economy and segmenting India POS terminals industry size.

India POS terminals market share from the healthcare sector is set to experience a prominent expansion over the years to come, subject to the rising need for collating and assorting the patient data along with high demand for effective modes of payments. Rapidly improving healthcare infrastructure across various parts of the country will offer more opportunities for the expansion of POS terminals market in India.

POS terminals provide value-added services to customers via connected and standalone payment terminals. India POS terminals industry growth curve from products incorporated with the connected functionality is expected to witness an upswing over the coming years, owing to the high product demand across retail shops and restaurants. Its high usage in inventory management along with its ability to offer robust security and free floor space will lucratively impact India POS terminal market development.  The ability to reduce the waiting period of the end-users and affordability has made the product more popular across the country, thereby leveraging POS terminals market trends in India.

Browse key industry insights spread across 190 pages with 90 market data tables & 20 figures & charts from the report, “India (Point of Sale) POS Terminals Market Size By Application (Restaurants, Entertainment, Healthcare, Hospitality, Retail [Department Stores, Supermarkets/Hypermarkets, Convenience Stores, Discount Stores, Specialty Stores], Warehouse), By Product (Mobile, Fixed), By Component (Software, Hardware, Services), By Functionality (Connected, Standalone), Industry Analysis Report, Regional Outlook (Tier-One Cities, Tier-Two Cities), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

https://www.fractovia.org/news/industry-research-report/india-point-of-sale-pos-terminal-market

India POS software industry is predicted to experience a luminous expansion over the next few years with the software offering prominent benefits such as stock control management, billing, effective customer data collection, automation, real-time data gathering, and comprehensive dashboard reporting.

Major participants in India POS terminals industry include Paynear Solutions Private Limited, Ezetap Mobile Solutions Private Limited, VeriFone Holding Incorporation, Skilworth Technologies Private Limited, Mosambee, NEC Corporation, Visiontek Telesystems Private Limited, MobiSwipe Technologies Private Limited, and Demandware Incorporation. Many of the participants such as MSwipe and Ezetap have declared to install various mPOS equipment across the country by 2017 and such moves will favorably influence the POS terminals industry landscape in India.

 

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India POS Terminals Industry to cross $3bn by 2024

Global Market Insights, Inc., states that India POS terminals market, worth USD 450 million in 2016, is slated to generate a revenue of more than USD 3 billion by 2024. India (Point of Sale) POS terminals market is likely to scale extensive heights of growth, primarily driven by the recent 2016 wave of demonetization that shook the financial roots of the nation. Post demonetization, the Indian government has been implementing strategic plans to encourage online transactions.

According to State Bank of India, payments through credit or debit cards on POS terminals have currently amounted to INR 70,000 crore, a target that could have taken nearly three years to reach in the absence of the demonetization outbreak. It is no surprise therefore, that demonetization has led to an escalated growth in POS terminals industry in India.  Furthermore, SBI reports that financial institutions across the country have deployed nearly 11.8 lakh more POS machines post demonization, and the number is likely to rise in the future with the robust increase in the number of online transactions via these terminals.

Request for a sample of this research report @ https://www.fractovia.org/request-sample/599

As per reports from reliable sources, point of sale terminals will go multi-lingual within a span of few months, which is a major step taken by the Indian government to promote cashless fiscal transactions. The move is expected to subsequently impact India POS terminals market share. The languages predicted to be made available on POS machines include Kannada, Bengali, Telegu, Malayalam, Gujarati, Marathi, Punjabi, and Tamil.

BHIM (Bharat interface for money) had already launched a popular application on 30th December 2016, which was available in seven regional languages and was downloaded 18 million times by the end-users. Current end-user trends have displayed that more users prefer making online payments in their local languages, which in turn, is projected to majorly influence India (Point of Sale) POS terminals industry revenue over the years ahead.

Thriving e-commerce activities across the nation have resulted in escalating demand for both fixed as well as mobile point of sale terminals. India POS terminals industry size from mobiles is projected to record a CAGR of more than 10% over the coming timeframe with more consumer preference for user-friendly mobile wallets. High demand for these products across the hospitality, retail, entertainment, healthcare, and restaurant sectors will further leverage the expansion of India POS terminals market.

As per the Central Government data report publications, there has been a rise of nearly 13% in the sale of POS terminals since October 2016, which implies that many retailers in the country are accepting online mode of payments through POS terminals, a factor that will lead to the development of India POS terminals market size from supermarkets, specialty stores, and the like.

Make an inquiry for purchasing this report @ https://www.fractovia.org/request-purchase/599

However, POS machines are more prone to hacking and are vulnerable to viruses and malwares. A solution to this problem is the enactment of an effective data protection law by the Indian government, which has become need of an hour. In the event that the solution is not implemented, it is likely to arrest the growth of India POS terminals industry.

In India, high product penetration is witnessed across tier-one and tier-two cities. Many of the government schemes such as Pradhan Mantri Jan-Dhan Yojana, Direct Benefit Transfer Scheme, Atal Pension scheme, and Aadhar-enabled systems are expected to boost the product sales across remote regions. NABARD has decided to install more than 1 lakh POS machines in villages to enable effective, time-saving, and quick monetary transactions, gradually leading the country towards a paperless economy and segmenting India POS terminals industry size.

India POS terminals market share from the healthcare sector is set to experience a prominent expansion over the years to come, subject to the rising need for collating and assorting the patient data along with high demand for effective modes of payments. Rapidly improving healthcare infrastructure across various parts of the country will offer more opportunities for the expansion of POS terminals market in India.

POS terminals provide value-added services to customers via connected and standalone payment terminals. India POS terminals industry growth curve from products incorporated with the connected functionality is expected to witness an upswing over the coming years, owing to the high product demand across retail shops and restaurants. Its high usage in inventory management along with its ability to offer robust security and free floor space will lucratively impact India POS terminal market development.  The ability to reduce the waiting period of the end-users and affordability has made the product more popular across the country, thereby leveraging POS terminals market trends in India.

Browse key industry insights spread across 190 pages with 90 market data tables & 20 figures & charts from the report, “India (Point of Sale) POS Terminals Market Size By Application (Restaurants, Entertainment, Healthcare, Hospitality, Retail [Department Stores, Supermarkets/Hypermarkets, Convenience Stores, Discount Stores, Specialty Stores], Warehouse), By Product (Mobile, Fixed), By Component (Software, Hardware, Services), By Functionality (Connected, Standalone), Industry Analysis Report, Regional Outlook (Tier-One Cities, Tier-Two Cities), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

https://www.fractovia.org/news/industry-research-report/india-point-of-sale-pos-terminal-market

India POS software industry is predicted to experience a luminous expansion over the next few years with the software offering prominent benefits such as stock control management, billing, effective customer data collection, automation, real-time data gathering, and comprehensive dashboard reporting.

Major participants in India POS terminals industry include Paynear Solutions Private Limited, Ezetap Mobile Solutions Private Limited, VeriFone Holding Incorporation, Skilworth Technologies Private Limited, Mosambee, NEC Corporation, Visiontek Telesystems Private Limited, MobiSwipe Technologies Private Limited, and Demandware Incorporation. Many of the participants such as MSwipe and Ezetap have declared to install various mPOS equipment across the country by 2017 and such moves will favorably influence the POS terminals industry landscape in India.  

About Fractovia.org

Fractovia.org is one of India’s leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributers.

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Smart POS Market: What will be the Size, Trends and Opportunities in 2022 worldwide

The Global Smart POS Industry Report 2017 is a professional and in-depth study on the current state of the Smart POS Market. Global Smart POS report also provides CAGR value how it will grow between 2016 and 2022.

The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Smart POS market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

2017 Global Smart POS Market Report is a professional and in-depth research report on the world’s major regional market conditions of the Smart POS industry, focusing on the main regions and the main countries (United States, Europe, Japan and China).

Global Smart POS market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer, the top players including Ingenico, VeriFone, Clover Network, AccuPOS, Posandro, PAX Technology, Emobilepos, SZZT Electronics, Newland Payment, Bitel, Xinguodu, Flytech.

Complete Report on Smart POS market spread across 110 pages, profiling 12 companies and supported with tables and figures is available. Get SAMPLE at https://www.precisemarketreports.com/report/sample/pmr-8484

The report introduces Smart POS basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis,. Insightful predictions for the Smart POS market for the coming few years have also been included in the report.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

The report focuses on global major leading Smart POS Industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

The Smart POS industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.

On the basis of product, report split into Portable, Desktop, Other etc.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Retail, Restaurant, Hospitality Industry, Others.

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With the list of tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Table of Contents

1 Smart POS Market Overview

2 Global Smart POS Market Competition by Manufacturers

3 Global Smart POS Capacity, Production, Revenue (Value) by Region (2012-2017)

4 Global Smart POS Supply (Production), Consumption, Export, Import by Region (2012-2017)

5 Global Smart POS Production, Revenue (Value), Price Trend by Type

6 Global Smart POS Market Analysis by Application

7 Global Smart POS Manufacturers Profiles/Analysis

8 Smart POS Manufacturing Cost Analysis

9 Industrial Chain, Sourcing Strategy and Downstream Buyers

10 Marketing Strategy Analysis, Distributors/Traders

11 Market Effect Factors Analysis

12 Global Smart POS Market Forecast (2017-2022)

13 Research Findings and Conclusion

14 Appendix

Global POS Terminals Industry to expand $125bn by 2024

Ezetap’s recent acquisition of FortunePay is a vital indicator of the growth in (Point of Sale) POS Terminals market. Similar to the growth strategies adopted by most markets, mergers & acquisitions and novel product launches primarily form the strategy landscape of POS terminals industry as well. In June 2017, Bangalore based POS firm Ezetap had acquired FortunePay, an online payment & physical payment service provider to banks in India.

This deal is anticipated to help Ezetap avail the latter’s infrastructure and become a sole payment service provider for the traders in India. Earlier in June 2014, Ezetap had also collaborated with SBI (State Bank of India) to install 500,000 point of sale terminals across India over the coming five years. With more and more companies undertaking strategic tactics, POS terminals market is sure to carve out an appreciable growth map over 2017-2024

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In January 2017, Fujitsu, a Japanese multinational IT equipment & service firm, launched Fujitsu TP8TM, a family of retail POS terminals, which was developed to optimize and improve the online payment performance across supermarkets, department stores, drug stores, and mass merchant stores. The new product also enhances the shopping experience of the customers across retail stores through its exceptional modularity. These new product innovations are expected to result in the robust expansion of POS terminals market.

In February 2017, OMA Emirates Group, a UAE based payment service provider, purchased MobiSwipe, one of the leading mPOS service providers. The acquisition will help OMA to expand its service portfolio across APAC, Middle East, and East Europe. MobiSwipe permits traders to make use of smartphones and tablets as POS terminal devices to accept payments via debit or credit cards. In a vital breakthrough, MobiSwipe, now a part of the OMA Emirates Group, in April 2017, announced the setup of more than 50,000 mPOS terminals in India within nine months. This is an instance of how major firms have been taking key initiatives to promote cashless deals in the country and explore new business growth avenues across India (Point of Sale) POS terminals industry.

In May 2017, Mswipe, a startup firm in the  mPOS terminals industry,  formed a joint venture with PayU India, a digital payment service provider, to expand its online payment business through the purchase of the latter’s offline merchant acquiring business. As per the reports from reliable sources, PayU had acquired more than 9000 offline traders across India, who, along with their point of sale business will be moved to Mswipe. Dealers transacting with Mswipe can now use PayU India’s online payment options. According to expert opinions, the strategic alliance between the online payment service providers will benefit both in terms of revenue generation as well the consolidation of their positions in POS terminals market.

In July 2017, ScanSource Incorporation, a leading service provider of point-of-sale, barcode, networking, and data solutions, acquired POS Portal Incorporation, distributor & renter of POS devices, for USD 144.9 million to extend and improve its POS payment services across the globe. This is ScanSource’s sixth acquisition since last three years, with its recent purchase being Intelisys, a technology service distributor and master agent of carrier, telecom, & cloud solutions, for USD 83.6 million in June 2017.

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The month of July also witnessed NEXTEP SYSTEMS, a provider of self-order POS services, form a strategic alliance with LevelUp, the largest mobile payment platform developed by Massachusetts-based startup firm SCVNGR. The alliance will enhance the service efficiency of both the firms by offering more effective and user-friendly online payment options. Speedy   self and mobile ordering operations, ensuring a seamless and personalized experience for the users are expected to spur the business expansion and ROI of both these firms, thereby providing a boost to POS terminals industry. Global Market Insights, Inc., claim POS terminals market value to surpass USD 125 billion by 2024.

POS terminals market revenue across APAC is set to experience a lucrative expansion in the future with the large-scale use of smartphones, Android Phones, and tablets. Densely populated regions such as India and China are expected to spur the regional growth.

U.S. POS terminals industry is expected to leverage the development of North America POS terminals industry over the years ahead with the government promoting the use of EMV and NFC enabled instruments. POS terminals industry is an evolving business sector with big players investing heavily in R&D activities to develop new technologies and products for gaining competitive edge.

It is more likely that rapid expansion of POS terminals market will encourage new service providers and manufacturers to enter the business further encouraging the existence of fierce competition in the industry.  VeriFone Systems Inc., Panasonic Corporation, Ingenico Group, PAX Technology Inc., and Toshiba Corporation are some of the major brands of POS terminals industry.

Browse key industry insights spread across 280 pages with 211 market data tables & 81 figures & charts from the report, “(Point of Sale) POS Terminals Market Size By Application (Entertainment, Healthcare, Hospitality, Retail, Warehouse), By Product (Mobile, Fixed), By Component (Software, Hardware), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, South Korea, China, India, Japan, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents: 

https://www.gminsights.com/industry-analysis/point-of-sale-pos-terminals-market 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. 

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Point of Sale Market 2017 by Industry Demand, Trends, Type, Manufacturers, Regions, Revenue and Application Forecast To 2025

ReportsWeb.com added “Point of Sale Market – Global Trends, 2017 Analysis and 2025 Forecasts by Type, by Component and Application” report to its research database.

The point of sale (POS) is where the transaction is completed, and the time of making the payment by the customer to the merchant for the goods purchased or the service taken. At this point, the merchant prepares an invoice or calculates the amount to be paid by the customer and give options to make payment. After the payment is received, a receipt for the transaction is issued by the merchant. POS terminals includes broad application range such as inventory management, printing bills, loyalty programs, and payments. As a result of the enhanced return on investment (ROI) offered by POS systems the market for POS terminals has picked up rapid adoption in the recent years.

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In comparison to the traditional system, the enhanced POS systems provides higher durability and reliability which leads to decrease in the cost of ownership thus, increasing the demand for POS solutions in both medium and small sized businesses. The emergence of mobile POS (mPOS) terminals has challenged the ongoing payment and transaction techniques due to its enhanced features such as better user experience and mobility.

The global market for POS terminals is segmented on the basis of type into wireless, mobile POS and fixed POS. Further, on the basis of components the global POS terminals market is segmented into POS software, POS hardware and POS services. In addition, global POS terminals market can be bisected on the application basis into retail, entertainment, government, warehouse/distribution, hospitality, restaurants, transportation and others. The global POS terminals market is bifurcated on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa.

North America dominates the POS terminals market followed by APAC. Asia Pacific is expected to witness high growth due to increased small and medium businesses and decrease in cost of ownership. Existence of huge software base in China and India can lead to positively influence the software segment due to propagation in the retail stores.

Complete Report is Available at http://www.reportsweb.com/point-of-sale-pos-terminals-market-to-2025

Global Point of Sale Market Players:

–          Panasonic Corporation

–          Ingenico S.A.

–          MICROS Systems Inc.

–          VeriFone Systems Inc.

–          NEC Corporation

–          Hewlett-Packard Development Company LP

–          PAX Technology Limited

–          Cisco Systems Inc.

–          Toshiba Corporation

–          Samsung Electronics Co. Ltd

Few Point in Table of Content

Global Point of Sale Terminals Market Revenue and Forecasts to 2025 – Type

8.1    Overview

8.1.1           Segment Share (%), 2015 & 2025

8.2    Wireless POS

8.2.1           Overview

8.2.2           Global Wireless POS Market Revenue and Forecasts to 2025 (US$ Bn)

8.3    Mobile POS

8.3.1           Overview

8.3.2           Global Mobile POS Market Revenue and Forecasts to 2025 (US$ Bn)

8.4    Fixed POS

8.4.1           Overview

8.4.2           Global Fixed POS Market Revenue and Forecasts to 2025 (US$ Bn)

 

9         Global Point of Sale Terminals Market Revenue and Forecasts to 2025 – Components

9.1    Overview

9.1.1           Segment Share (%), 2015 & 2025

9.2    POS Software

9.2.1           Overview

9.2.2           Global POS Software Market Revenue and Forecasts to 2025 (US$ Bn)

9.3    POS Hardware

9.3.1           Overview

9.3.2           Global POS Hardware Market Revenue and Forecasts to 2025 (US$ Bn)

9.4    POS Services

9.4.1           Overview

9.4.2           Global POS Services Market Revenue and Forecasts to 2025 (US$ Bn)

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POS Terminals Market – Point of Sale Terminals By Product Type (Fixed, Wireless, and Mobile POS Terminals); by application (Financial Institutions, Third-party Payment Institutions): Intensive Research Opens Growth Avenues By 2016 – 2022.

POS terminals market has increased noteworthy energy as of late because of the convenience and enhanced rate of profitability being offered by these frameworks. The nearness of a sizeable number of huge players in the POS terminal market influences firm rivalry to win among them. The opposition is required additionally escalate as yearning for players, particularly programming sellers are looking for passage into the market. Ingenico, Verifone, PAX, Newland Payment, Fujian LIANDI, Xin Guo Du, New POS Technology, Bitel, CyberNet, Castles Technology, SZZT Electronics were the key vendors for POS terminal services in 2016.

POS Terminals Market
POS Terminals Market

Key development drivers for the POS terminals market is the high acknowledgment of POS terminal over the retail, human services, friendliness, stockroom/circulation areas because of its simplicity and exceptional yield on venture.

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The report additionally incorporates an in-detailed overview of the competitive landscape and administrative structure of the Global POS Terminals Market. This will give peruses a reasonable comprehension of the state of drivers, threats, major opportunities, and the prime standards, rules, plans, and strategies affecting the market. The report gives both, subjective and quantitative analysis of the Global POS Terminals Market.

The Global POS Terminals Market is likewise analyzed in terms of production rates as indicated by the different regions. The report adheres to the time span of 2017 to 2025 for the same. Further representations of the worldwide market regarding the global and major provincial market estimates are likewise available. In this segment, the different segmentations are applied to the market so as to gain an isolated perspective of the insights included.

POS Terminals Market alludes to an exchanging system that interfaces gadgets together with the goal to help various synchronous information exchanges normally executed with a crossbar switch. It embraces information move as bundles with the help of data contained in the parcel header for blunder recognition, recognizable proof, rectifying, and directing. The leading companies are likely to intensify the competition in the market owing to the technological advancements that are being introduced in the industry by them through intensive investment in research and development.

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The Global POS Terminals Market is likewise analyzed in terms of production rates as indicated by the different regions. The report adheres to the time span of 2016 to 2022 for the same. Further representations of the worldwide market regarding the global and major provincial market estimates are likewise available. In this segment, the different segmentations are applied to the market so as to gain an isolated perspective of the insights included.

This report studies POS Terminals in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering

Ingenico

Verifone

PAX

Newland Payment

Fujian LIANDI

Xin Guo Du

New POS Technology

Bitel

CyberNet

Castles Technology

SZZT Electronics

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Split by product type, with production, revenue, price, and market share and growth rate of each type, can be divided into

Fixed POS Terminals

Wireless POS Terminals

Mobile POS Terminals

Split by application, this report focuses on consumption, market share and growth rate of POS Terminals in each application, can be divided into

Financial Institutions

Third-party Payment Institutions

Application 3

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Biometric Point-of-Sale Terminals Market Influencing Factors by Top Companies like Bitel Co, KEMP Technologies, M2SYS Technology, CROSSMATCH, Fujitsu, Biyo Bright Co, Danal, Dermalog Identification Systems GmbH, Ingenico Group

Biometrics refers to the identification and authentication of an individual based on their unique biological and behavioral characteristics like fingerprint identification, palm-vein identification, facial recognition, iris recognition, retina recognition, and voice recognition.

Bitel Co, KEMP Technologies, M2SYS Technology, CROSSMATCH, Fujitsu, Biyo Bright Co, Danal, Dermalog Identification Systems GmbH, Ingenico Group, Biometric Point-of-Sale (POS) Terminals, Biometric Point-of-Sale (POS) Terminals Market, Biometric Point-of-Sale (POS) Terminals Market research, Biometric Point-of-Sale (POS) Terminals Market Analysis, Biometric Point-of-Sale (POS) Terminals Market Forecast, Biometric Point-of-Sale (POS) Terminals Market Growth, Biometric Point-of-Sale (POS) Terminals Market Research, Biometric Point-of-Sale (POS) Terminals Market Trends, Point of saleBiometric Point-of-Sale (POS) Terminals market estimated to grow at an impressive CAGR of +26% during forecast period

New Research Report presents latest intelligence on the Biometric Point-of-Sale Terminals market is available in the Global Market Research report. This report is a culmination of the key events from last decade to present day, and helps to formulate the best strategy catered to both established market players and new entrants.

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Companies Profiled in this Report Includes, Bitel Co, KEMP Technologies, M2SYS Technology, CROSSMATCH, Fujitsu, Biyo Bright Co, Danal, Dermalog Identification Systems GmbH, Ingenico Group

Biometrics technology is used for identification and authentication of people with the help of their biological and behavioral characteristics. An employee is asked for his user ID as soon as he logs into the retail PoS system. However, without typing in his password, he can simply scan his finger on the biometric fingerprint reader. Every time an employee tries to access a password-protected area, he is required to scan his finger. This leads to increased accountability, which ensures protection from accidental and intentional damage to the company’s data.

The market research report helps analyze the Biometric Point-of-Sale Terminals market on a Global basis and also offers forecast and statistics in terms of revenue for the anticipated forecast period. This research study offers a detailed overview of the market dynamics that are expected to affect the overall industry in the coming few years. In addition, the study explains the impact of the key factors on the development and growth of the Global market through the forecast period. Promising opportunities in the Global Biometric Point-of-Sale Terminals market have also been mentioned in the study.

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Reason to Access the Biometric Point-of-Sale Terminals Market Research Report:

This report gives a detailed and comprehensive understanding of Biometric Point-of-Sale Terminals market. With precise data covering all key aspects of the existing market, this report offers existing data of leading manufacturers. Understanding of the market condition by compliance of accurate historical data regarding each and every segment for the forecast period is mentioned. Leading factors affecting the growth of the market in a positive and negative perspective is examined and evaluated and projected in the report in detail. Insightful views and case studies from various industry experts help make the report more authentic.

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Table of Contents

Global Biometric Point-of-Sale Terminals Market Research Report 2017

Chapter 1 Biometric Point-of-Sale Terminals Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Market Forecast

Point Of Sale Market Size Growing at a Steady CAGR to 2022

MarketStudyReport.com Add New 2017-2022 Point Of Sale Report on Global and United States Market, Status and Forecast, by Players, Types and Applications to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 126 pages with 196 table and figures in it.

The “Point Of Sale Market” Report offers an inclusive and decision-making overview, including definitions, classifications and its applications. The Point Of Sale market is anticipated to reflect a positive growth trend in forthcoming years. The essential driving forces behind the growth and popularity of Point Of Sale market is analyzed detailed in this report.

This report studies the Point Of Sale market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Point Of Sale market by product type and applications/end industries.

The global Point Of Sale market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

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The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Point Of Sale. United States plays an important role in global market, with market size of xx million USD in 2016 and will be xx million USD in 2022, with a CAGR of XX.

Market segment by Regions/Countries, this report covers United States, EU, Japan, China, India, Southeast Asia

The major players in global and United States Point Of Sale market, including Epson (Japan), HP (US), VeriFone (US), Intuit (US), Samsung (South Korea), Honeywell (US), PayPal (US), Aldelo (US), Alexandria Computers (US), BankServ (US), Bixolon (South Korea), Clover (US), Elo Touch (US), Wells Fargo (US), Informatics (US), NCH Software (Australia), QuickBooks (US), Star Micronics (Japan), Topaz Systems (US), Wasp Barcode (US)

The On the basis of product, the Point Of Sale market is primarily split into Tablet POS, Handhold POS, Mobile POS

On the basis on the end users/applications, this report covers Retail, Restaurant, Airlines, Hospitality Industry Other

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Table of Content for Global Point Of Sale Market Size Research Report:

Industry Overview of Point Of Sale Market

Global Point Of Sale Market Size Competition Analysis by Players

Company (Top Players) Profiles

Global Point Of Sale Market Size by Type and Application (2012-2017)

United States Point Of Sale Market Development Status and Outlook

EU Point Of Sale Development Status and Outlook

Japan Point Of Sale Development Status and Outlook

Market Forecast by Regions and Application (2017-2022)

Point Of Sale Market Size Dynamics

Market Effect Factors Analysis

Research Finding/Conclusion

Appendix

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Point of Sale Software Market Set for Rapid Growth 2017-2022

Global Point of Sale Software Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application. This Industry report also states Company Profile, sales, Point of Sale Software Market revenue and price, market share, market growth and gross margin by regions.

This report studies the global Point of Sale Software market, analyzes and researches the Point of Sale Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like CenterEdge Software, Loyverse, NCR, MyTime, Windward Software, RepairDesk

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Market segment by Regions/Countries, this report covers United States, EU, Japan, China, India, Southeast Asia

Market segment by Application, Point of Sale Software can be split into PC Terminal, Mobile Terminal

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Table of Content for Global Point of Sale Software Market Size Research Report:

Industry Overview of Point of Sale Software Market

Global Point of Sale Software Market Size Competition Analysis by Players

Company (Top Players) Profiles

Global Point of Sale Software Market Size by Type and Application (2012-2017)

United States Point of Sale Software Market Development Status and Outlook

EU Point of Sale Software Development Status and Outlook

Japan Point of Sale Software Development Status and Outlook

Market Forecast by Regions and Application (2017-2022)

Point of Sale Software Market Size Dynamics

Market Effect Factors Analysis

Research Finding/Conclusion

Appendix

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NFC POS Terminal Market Pit Falls, Present Scenario and Growth Prospects from 2017 to 2024

NFC POS terminal market is witnessing an increase in the penetration of NFC POS terminals in the transportation sector for ticketing transactions. The inclination of customers towards the use NFC-enabled smart cards in automated fare collections is likely to boost the NFC POS terminal market growth. The NFC technology helps in achieving the short-range communication between electronic devices thus having a high compatibility with fare collection platforms. In comparison to its alternatives, NFC technology provides a high degree of customer satisfaction and experience as it is fast and helps in fast-tracking connections thereby escalating the demand for NFC POS terminal market.

NFC POS Terminal Market size is anticipated to witness growth opportunities over the forecast timeframe. Growing usage of NFC-enabled smartphones and emergence of mobile wallet services would be major drivers for the industry growth. Technological substitutions for ticketing in transportation, such as NFC-based mobile ticketing and contactless smart cards, are further driving the growth of NFC POS terminal market.

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An increase in the penetration of NFC-based mobile handsets is one of the prime reasons contributing to the NFC POS terminal market growth. Growing usage of NFC-enabled smartphones is likely to boost the use of NFC POS terminals for payments and digital exchange in transportation, retail, and healthcare industries. Usage of NFC payment infrastructure and popularity of NFC as a preferred payment mode for customers globally are pushing the NFC POS terminal market.

Value added services in POS terminals, such loyalty cards and coupons, will ensure customers a seamless experience thus driving the NFC POS terminal market. The availability of NFC technology and its incorporation into smartphones and POS terminals will help in achieving the benefit of access control and ticketing. Modernized POS terminals can calculate the best ticketing fare based on travel length, discounts, and prior journeys thus resulting in many benefits for customers as well as transport authorities.

An increase in the adoption of electronic payment systems in emerging countries fuel NFC POS terminal market. However, markets in developed countries are saturated due to the prior installations of NFC POS terminals. The use of NFC payment solutions and its growing popularity as an ideal payment mode by customers globally are driving the NFC POS market. The pay by phone trend by NFC compatible phones is pushing the adoption of NFC handsets among consumers thus speedily driving the roll-out of NFC POS terminals in various market sectors such as vending and parking.

A trend boosting the NFC POS terminal market is the adoption of contactless payment cards known as smart cards, which are embedded with chips and are encrypted with data. The data stored on these cards can be read by EMV-enabled POS terminals. In these devices, the transaction takes place with the help of NFC technology, which is also present in smartphones and smartwatches. The contactless cards when placed near the POS systems can accept payments within seconds thus making it easy for customers to make payments using NFC technology and thereby propelling the NFC POS terminal market.

Card issuing banks in many countries have gradually started to issue contactless cards in high numbers. There are a reasonable number of customers, who possess a contactless card and can use them, which makes it clear that NFC has a significant role in mobile wallet services thus propelling the NFC POS terminal market.

Ease of using NFC POS terminals with the existing infrastructure is preventing the further need of investments. The high cost of these solutions is expected to pose a challenge and thus hinder the growth of the NFC POS terminal market. While the installed NFC POS terminals are growing rapidly over the timeframe, the contactless technology has not been activated or is instantiable in many cases.

The upgrading of the magnetic stripe to EMV is due to the legal shift. The expansion of NFC POS terminal market is an indication that retailers are looking to provide convenience to customers. Payments using smartphones are slowly getting acceptance from customers and retailers due to the mobile payments solutions such as Android Pay, Apple Pay, and Samsung Pay. The capabilities of NFC POS terminals are not only affecting the financial ecosystem but also other important business aspects, such as marketing and customer services, making NFC POS terminal an attractive market.

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North America and Europe NFC POS terminal markets were introduced with Apple Pay in 2015. It was launched by Apple to make it possible to pay for goods and services by tapping one’s iPhone, iPad, or Apple Watch to a card reader. This could be possible if the customer was banking with a bank, which supports Apple Pay thus escalating the NFC POS terminal market demands. Furthermore, Android Pay and Samsung Pay were introduced in these regions. In the UK, the Transport for London (TFL) introduced the ‘pay for travel using contactless cards’, driving the NFC POS terminal market. North America market is expected to dominate the market.

In the U.S. NFC POS terminal market., some retailers had been cautious to adopt NFC POS payments in the beginning due to the lack of understanding of the added value, hardware, training expense, and security concerns. These issues were overcome as the merchants addressed and solved them thus opening doors to great benefits such as branding, loyalty, and data collection.

Asia Pacific NFC POS terminal market is expected to witness a high growth during the forecast period. This can be due to the increasing adoption of smart devices across these regions. Apple Pay is supported in some countries such as Singapore, Japan, Hong Kong, Australia, and New Zealand in the Asia Pacific region. China and India are expected to favorably impact the market owing to the large software base and its distribution in retail stores & automotive sector. High market growth in the region is due to the reduction in Total Cost of Ownership (TCO) and increase in Small and Medium Business (SMBs).

Key market players dominating the NFC POS terminal market include Cybernet, Inc. Equinox Payments, First Data Corp., Heartland Payment Systems, Paz Technology Ltd., Ingenico SA, NEC Technology, SZZT Electronics Co., Ltd., and VeriFone Systems. 

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