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: 

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Worldwide Biometric Market in the Automotive Sector 2017-2021: Analysis and Forecast to 2021

Biometric Market in the Automotive Sector report aims to provide opportunities, information on market size, shares and growth factors which help decision makers take sound investment estimation. Global market report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in Biometric industry with analysis on vendors, geographical regions, types, applications.

Biometric Market in the Automotive Sector is projected to display growth at CAGR (compound annual growth rate) of 19.37% during 2017 – 2021

Biometric Market in the Automotive Sector by Top Vendors: – BioEnable, Miaxis, Sonavation, Synaptics, Techshino, BIODIT, DENSO, EyeLock, Fingerprint Cards, Fujitsu, HID Global, IriTech, KeyLemon, NEC, Nuance, and many more.

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Biometric Market in the Automotive Sector by Dynamics: 

Market driver

Emerging markets driving the automotive sector.

For a full, detailed list, view our report

Market Challenge

Low awareness level among consumers.

For a full, detailed list, view our report

Market Trend

Popularity of voice recognition biometrics in the automotive sector.

For a full, detailed list, view our report

Key questions answered in this report What will the market size be in 202

Geographical Regions: – APAC, Europe, North America, ROW

Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Biometric  Market @ https://www.absolutereports.com/global-biometric-market-in-the-automotive-sector-2017-2021-10570412

TOC of Biometric Market in the Automotive Sector Report Covered:

  • Opportunity in the market
  • Market research methodology
  • Market landscape
  • Growth rate by 2021
  • Market segmentation by type, application
  • Geographical segmentation
  • Market drivers
  • Market challenges
  • Market trends
  • Biometric Market in the Automotive Sector Vendors landscape
  • Strengths and weaknesses of the key vendors
  • List of Exhibits

And continued…

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Global Biometric Market in the Automotive Sector Report 2017-2021 offers a comprehensive analysis on Biometric industry, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.

Global Voice Recognition Biometrics Market Research Report with Business Opportunities, Current Trends, Market Challenges & Global Industry Analysis By 2022

This report, titled Global Voice Recognition Biometrics Market offers an important analytical guidance on the trends and developments in this industry. The report also provides a professional and in-depth analysis on the global Voice Recognition Biometrics market while formulating industry insights into its current state of affairs.

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The global Voice Recognition Biometrics market is explained in detail in this report, starting with a basic overview, which includes definitions and various specifics related to the raw materials used in manufacturing Voice Recognition Biometrics products. This section also includes a categorized distinction of major and minor factors that influence this global industry. The overview also includes a description of the value chain structure of the global Voice Recognition Biometrics industry and a status update for the different major regional segments of this industry. The report also examines the several policies that regulate processes in this global industry, specifically, the ones that are currently active, along with an analysis of the top news stories about the global Voice Recognition Biometrics industry.

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The report also provides details on the pricing structure and channels of distribution of equipment suppliers in the global Voice Recognition Biometrics industry. The report then provides a critical assessment of the global Voice Recognition Biometrics industry with regard to additional costs such as labor costs and the overall manufacturing costs and process analysis.

All data gathered is then epitomized to portray the up and coming status of the Voice Recognition Biometrics market. The blueprint incorporates exchange modifications, aids of the market, business necessities, business conditions and development figures. It is helped and slanted by the examination and consequences of other detailed researches.

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The global Voice Recognition Biometrics industry is examined with respect to its market size, for which the report uses the parameters of value and volume. This portion of the report also comprises a descriptive analysis of the sales pricing models and the sales figures of this global industry. The analysis of the sales price is conducted in terms of the various aspects of the industry – players, regions, types, and applications during the forecast period.

The report also provides a detailed and in-depth examination of the global handbags industry in terms of market size for the worldwide channels, along with region-specific channels in the global region. The market size of each region is explained with respect to the sales values and sales revenue in terms of applications and market players, growth rates in volume and value, and the sales price in terms of types, applications, and companies.

The report describes the competitive landscape of the global Voice Recognition Biometrics industry by describing all of its key players. Each major company is assessed through their company profile, the volume of sales, product specifications, gross margin, product pictures wherever applicable, sales price, and sales revenue.

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Global Biometric Market in the Automotive Sector 2021: Types, Applications, Leading Countries, Challenges, Opportunities, & Drivers

Biometric Market in the Automotive Sector report delivers a detailed study with present and upcoming Opportunities to clarify the future investment in the market. Global Biometric industry 2017-2021 report shares information regarding key drivers, challenges and Opportunities with its impact by regions. Biometric Market in the Automotive Sector report provides Vendors, regional analysis, Segment by Type, Applications, and the actual process of whole Biometric industry.

The Biometric Market in the Automotive Sector is anticipated to increase at a significant CAGR of 19.37% during the years 2017-2021.

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Top Vendors: – BioEnable, Miaxis, Sonavation, Synaptics, Techshino, BIODIT, DENSO, EyeLock, Fingerprint Cards, Fujitsu, HID Global, IriTech, KeyLemon, NEC, Nuance, Olea Sensor Networks, and many more.

Biometric Market in the Automotive Sector Dynamics:-

Market driver

  • Emerging markets driving the automotive sector.
  • For a full, detailed list, view our report

Market challenge

  • Low awareness level among consumers.
  • For a full, detailed list, view our report

Market trend

  • Popularity of voice recognition biometrics in the automotive sector.
  • For a full, detailed list, view our report

Geographical Regions: – APAC, Europe, North America, ROW

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Key Questions Answered in Biometric Market in the Automotive Sector Report:-

What will the market growth rate, Overview and Analysis by Type of Biometric Market in the Automotive Sector in 2021?

What are the key factors driving, Analysis by Applications and Countries Global Biometric industry?

What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Biometric ?

Who are Opportunities, Risk and Driving Force of Biometric Market in the Automotive Sector? Knows Upstream Raw Materials Sourcing and Downstream Buyers

Who are the opportunities and threats faced by the vendors in Biometric space? Business Overview by Type, Applications, Gross Margin and Market Share

What are the Biometric Market in the Automotive Sector opportunitiesmarket risk and market overview of the Market?

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With the slowdown in global economic growth, the Biometric Market in the Automotive Sector has also suffered a some impact, but still continued a fairly positive progress, the past four years, market size to maintain the average annual growth rate. Biometric Market in the Automotive Sector report also provides market forecast information, according to history of this industry, the future of the industry faces what situation, growth or failure.

Biometric Market in the Automotive Sector 2017 Trends, Growth and Forecast to 2021

Biometrics involves the authentication and identification of an individual by one or more unique biological traits such as fingerprint, facial, iris, voice, and vein recognition. Biometric technologies are considered to be more reliable when compared to authentication via numeric codes and physical devices. With advances in signal and image processing technologies, pattern recognition, and sensors and readers; a number of biometric technologies, such as a keystroke, ear, electroencephalogram or electrocardiogram (ECG), gait, and palm print recognition have been developed to enable foolproof identification of individuals.

Publisher’s analysts forecast the global biometric market in the automotive sector to grow at a CAGR of 19.37% during the period 2017-2021.

For more information about this report: http://www.reportsweb.com/global-biometric-market-in-the-automotive-sector-2017-2021 .

Covered in this report
The report covers the present scenario and the growth prospects of the global biometric market in the automotive sector for 2017-2021. To calculate the market size, the report provides an exhaustive list of all global vendors that provide biometrics in the automotive sector.

The market is divided into the following segments based on geography:
– Americas
– APAC
– EMEA

Publisher’s report, Global Biometric Market in the Automotive Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
– BioEnable
– Miaxis
– Sonavation
– Synaptics
– Techshino

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 Other prominent vendors
– BIODIT
– DENSO
– EyeLock
– Fingerprint Cards
– Fujitsu
– HID Global
– IriTech
– KeyLemon
– NEC
– Nuance
– Olea Sensor Networks
– Safran
– VOXX International

Market driver
– Emerging markets driving the automotive sector.
– For a full, detailed list, view our report

Market challenge
– Low awareness level among consumers.
– For a full, detailed list, view our report

Market trend
– Popularity of voice recognition biometrics in the automotive sector.
– For a full, detailed list, view our report

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Global Voice Recognition Biometrics Market Research Report with Latest Trend, Size, Share, Growth and Forecast by 2022

This report, titled Global Voice Recognition Biometrics Market offers an important analytical guidance on the trends and developments in this industry. The report also provides a professional and in-depth analysis on the global Voice Recognition Biometrics market while formulating industry insights into its current state of affairs.

For Sample Copy use this Link: https://www.researchnreports.com/request_sample.php?id=161407

The global Voice Recognition Biometrics market is explained in detail in this report, starting with a basic overview, which includes definitions and various specifics related to the raw materials used in manufacturing Voice Recognition Biometrics products. This section also includes a categorized distinction of major and minor factors that influence this global industry. The overview also includes a description of the value chain structure of the global Voice Recognition Biometrics industry and a status update for the different major regional segments of this industry. The report also examines the several policies that regulate processes in this global industry, specifically, the ones that are currently active, along with an analysis of the top news stories about the global Voice Recognition Biometrics industry.

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The report also provides details on the pricing structure and channels of distribution of equipment suppliers in the global Voice Recognition Biometrics industry. The report then provides a critical assessment of the global Voice Recognition Biometrics industry with regard to additional costs such as labor costs and the overall manufacturing costs and process analysis.

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The global Voice Recognition Biometrics industry is examined with respect to its market size, for which the report uses the parameters of value and volume. This portion of the report also comprises a descriptive analysis of the sales pricing models and the sales figures of this global industry. The analysis of the sales price is conducted in terms of the various aspects of the industry – players, regions, types, and applications during the forecast period.

The report also provides a detailed and in-depth examination of the global handbags industry in terms of market size for the worldwide channels, along with region-specific channels in the global region. The market size of each region is explained with respect to the sales values and sales revenue in terms of applications and market players, growth rates in volume and value, and the sales price in terms of types, applications, and companies.

The report describes the competitive landscape of the global Voice Recognition Biometrics industry by describing all of its key players. Each major company is assessed through their company profile, the volume of sales, product specifications, gross margin, product pictures wherever applicable, sales price, and sales revenue.

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Leading players in the Global Biometrics as a Service Market project to grow at a CAGR of X.X% and would reach USD X.XX Billion By 2022

The report on global Biometrics as a Service market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this particular industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the global market for Biometrics as a Service. Collecting historical and recent data from various authentic resources, and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

The global biometrics as a service market to grow steadily at a CAGR of over 17% during the forecast period. One of the major drivers of the market is the need for cloud-based biometrics for time and attendance systems to track the mobile workforce. The e-commerce sector is showing high traction for a cloud-based biometric solution for tracking employees. The emergence of IoT (internet of things), which requires remote access control systems for authentication is also expected to augment this growth.

Security and storage concerns are major challenges to the market growth. The level of vulnerability is high as biometrics as a service is a cloud-based solution and is managed by a third-party. The templates stored in the database can be easily compromised, which is a major concern for end-users.

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A major chunk of the report talks about the technologies that are and will influence the growth of the market. Forecasts for these technology sectors are presented in the report. Integration is the key to advancement in technology in the global Biometrics as a Service market. Companies that offers the latest integrated technologies at an affordable cost are expected to thrive in the market. The dominating technologies in the Biometrics as a Service market along with the upcoming technologies that are expected to revolutionize the market are explained in the report

The report also elaborates on the opportunities the emerging markets of Asia Pacific and Latin America offer. Furthermore, the cost of raw materials in these nations is low, while the availability is high. This has turned the heads of several major international companies to the emerging countries of Asia Pacific.

The Biometrics as a Service market is a niche market with the presence of very few vendors. The vendors in the market compete on the basis of price, innovation, service, reputation, distribution, and promotion. As the market is still in its development stage, smaller vendors developing innovative solutions have the chances of getting acquired by larger players in the market.

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All the way through this report, the core dynamic factors of the market were acknowledged and the commercial partners, end users were also worked out. The business segment organization, business configurations and encounters of this market internationally are also a part of this widespread analysis. Abundant interviews and talks were conducted with the protuberant leaders of the industry to gain dependable and reorganized information relevant to the market.

The regions which have been examined thoroughly are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. This helps achieve better idea about the blowout of this specific market in particular regions. A list of leading industrialists have been given major value to ensure their approaches are understood in this specific market.

The aspects that are expected to affect the development of the market, May it be in an undesired or anticipated way, have been cleared out in the best potential manner. Considering the products and cost of the Biometrics as a Service market, comprehensive studies have been done during the prediction period which is mentioned. Each year in the prognosis period is examined for better accurate data with respect to every facet disturbing the market.

One of the major thing about this market research report is that the consequence and presentation reach of the market has been exhibited. Moreover, procurement criteria and detached market dynamics have been enumerated. Thus, this market research report is a great contribution in recognizing new speculation projects and how to deal with the Biometrics as a Service market trends.

Biometric market in the automotive sector projected to grow at a CAGR of +20% during forecast period 2017-2021

Biometrics involves the authentication and identification of an individual by one or more unique biological traits such as fingerprint, facial, iris, voice, and vein recognition. Biometric technologies are considered to be more reliable when compared to authentication via numeric codes and physical devices. With advances in signal and image processing technologies, pattern recognition, and sensors and readers; a number of biometric technologies, such as a keystroke, ear, electroencephalogram or electrocardiogram (ECG), gait, and palm print recognition have been developed to enable foolproof identification of individuals.

New Market Research Report takes a close and analytical look at the various companies that strive for a higher share of the Global Biometric Market In The Automotive Sector market. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis. The market is segmented on the basis of key criteria. For this purpose, a section dedicated to company profiles has been included in the report.

Biometric market in the automotive sector projected to grow at a CAGR of +20% during forecast period 2017-2021

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Companies Profiled in this Report includes, BioEnable, Miaxis, Sonavation, Synaptics, Techshino, EyeLock, Fingerprint Cards, Fujitsu, HID Global, IriTech, KeyLemon, Olea Sensor Networks, VOXX International

This market report is a thorough analysis of the existing situation and the anticipated condition for Biometric Market In The Automotive Sector market. Investigation for gathering the content for this report is done in depth and meticulously. Present scenarios, past progress, global recognition and future prospects of market is offered in this report. Main strategies, market shares, products of the companies and investments in Biometric Market In The Automotive Sector market is also mentioned in detail.

This market research report delves deep into the Global market. It highlights the recent market scenario, growth in the past few years, and opportunities for manufacturers in the future. The research methods and tools used in the completion of this study are both primary and secondary research. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies.

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This market research report gives an in-depth idea about the Global Biometric Market In The Automotive Sector market. It highlights the recent market scenario, growth in the past few years, and opportunities present for manufacturers in the future. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants present in the Global Biometric Market In The Automotive Sector market. In this reports for the future. The reports offer the opportunities and restraint that may hit in the future for the market players.

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Table of Contents

Global Biometric Market In The Automotive Sector Market Research Report 2017

Chapter 1 Biometric Market In The Automotive Sector 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 Biometric Market In The Automotive Sector Market Forecast (2017-2021)

Global Point of Sale Terminals Market to surpass $103b by 2023

The report “(Point of Sale) POS Terminals Market Size By Application (Entertainment, Healthcare, Hospitality, Retail, Warehouse), By Product (Mobile, Fixed), By Component (Software, Hardware), By Technology (Biometric, Traditional), Industry Analysis Report, Regional Outlook (U.S., Mexico, Germany, UK, China, India, Japan, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2012 – 2023” by Global Market Insights, Inc. says that point of sale (POS) terminals market share to exceed USD 100 billion by 2023 to forecast grow at 11.2% CAGR from 2016 to 2023. The volume of the global point of sale terminals market was more than 43000 million US dollars during year 2015. It is predicted to cross 100000 million US dollars by the end of year 2023. The global industry is expected to register a CAGR of more than 18% during the estimated span.

The global point of sale terminals market has experienced a substantial turnaround due to significant expansion of point of car terminal services and different technical modernizations taking place at rapid speed. Increasing demand for integrated point of sales, contactless methods of payments and creation of NFC equipments in industrial ecosystem are few of the aspects predicted to stimulate the growth of the global industry. Growing investment in line bursting technology is predicted to play an important part in enhancing the demand & growth of the global industry.

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Widespread use of wireless technology for communication purpose and heavy demand of point of sale terminals across different areas of applications are the key factors driving the growth of the global point of sale terminals market.

But the requirement for widespread government certifications and rules along with data safety concerns is predicted to hinder the growth of the global point of sale terminals market. Further, the non conformance to PCI data security standards enhances the chance of card information violations leading to fiscal as well as non fiscal impacts that includes reputation loss of representatives & loss of consumer faith.

Based on the product type, the global point of sale terminals market is divided into wireless & mobile point of sale terminals and fixed point of sale terminals.

The fixed terminals section led the global point of sale terminals market during year 2015. This section had also dominated the global industry in year 2013 in revenue terms. The main reason for the growth of the section is its quick acceptance of advanced market technology.

The wireless & mobile point of sale terminals section has substantially grown since these systems provide few natural benefits like low initial installation cost, mobility and user friendly feature. Further, the demand for mobile point of care terminals is very high among small & medium scale enterprises due to less initial set up costs. Also the utilization of smart phones and tablets has substantially grown in offices contributing to the demand and growth of the section. All these factors are projected to add towards the demand and growth of the section in future.

In addition to this, factors like growing credit card payments, rapidly changing customer choices and advanced data analytics are predicted to add to demand of mobile point of sale terminals. Increased security, paper free receipt services, minimized consumer time in line and free floor space are few of the factors predicted to stimulate the demand and growth of the mobile point of sale terminals.

Wireless & mobile applications can develop new revenue producing channels. Thus, dealers are accepting many marketing channels to power their techniques to compete in the industry. Further, the introduction of cost effective wireless communication technologies in the market has resulted in enhanced acceptance of these wireless & mobile systems. This has enhanced the demand and growth of the point of sale terminals market all across the globe.

Depending upon the component, the global point of sale terminals market is bifurcated into software and hardware.Hardware section includes payment terminal, workstation and accessories.Payment terminal includes smart phones and tablets paired with debit or credit card readers. While accessories includes monitors, receipt printers, bar code scanners, wireless bar code scanners, PIN pad, cash drawers ,physical inventory scanners and tag printers.

Software section is predicted to expand rapidly during the estimated span. The expansion is credited to modernization in cloud computing technology leading to enhanced use of SaaS platform based point of sale systems. The growth of the section can also be attributed to the fact that software combines functions of barcode scanners as well as screen terminals across the point of sale systems and then offers data backup.

Based on the application, the global point of sale terminals market is segmented into retail, restaurant, hospitality, super market, entertainment, healthcare, warehouse and others. Others section includes transportation, field service and government.

Browse key industry insights spread across 178 Pages with 67 market data tables & 62 figures from the report, “(Point of Sale) POS Terminals Market” in detail along with the table of contents:

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

Retail section was the biggest application section during year 2013. Different kinds of modernizations in the point of sale terminal systems used today in retail section like acceptance of real time analytics is contributing towards the expansion of the global point of sale terminals market.

Acceptance of point of sale terminal systems in healthcare section and their growing utilization in warehouse section is predicted to stimulate the future growth of the global point of sale terminals market.

Healthcare section has displayed substantial increase in demand for point of sale terminals due to rise in infrastructural growth & healthcare spending. Thus the global point of sale terminals market has recognized profitable prospects in healthcare section. The healthcare section is predicted to register rapid growth in future.

Rising need for modern analytics in warehouse section is predicted to contribute towards the growth of the global point of sale terminals market. Depending upon the geographical location, the global point of sale terminals market is segmented into APAC zone, North American subcontinent, European continent and region of the rest of the world. During year 2013, the North American subcontinent led the global point of sale terminals market in

terms of revenue. It also dominated the market during year 2015 in terms of revenue. The reasons behind the growth of the market includes substantial demand for point of sale terminals from hospitality & retail sections as well as quick execution of modern technology in the regions of North America. Further, constant demand for point of sale services across nations like USA and Canada is predicted to promote the growth of quick service restaurants, retail shops and entertainment industry leading to the growth of the point of sale terminals market in the subcontinent.

The European continent, compliance needs like Visa, EuroPay and Master card rules are promoting the growth of the point of sale terminals market in the region as these rules have enhanced safety payments. Nations like UK, Germany and France are witnessing substantial growth in the healthcare section owing to large scale investments in technology upgrading healthcare services in these nations and thus adding to the market growth in these regions.

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APAC zone is predicted to be rapidly growing zone due to growing hospitality & retail sections in India and China. The growing consumer base across emerging economies of APAC zone due to growth of small scale, middle scale & large scale firms and minimization of total ownership cost in these economies are the factors predicted to favourably affect the point of sale terminals market in APAC zone. Further demand from nations like Hong Kong, Japan, Australia, China and India is predicted to promote the growth of the market in the APAC zone. The low levels of penetration and large population in the countries of APAC zone is predicted to drive the demand & growth of the market during estimated span.

Growing demand for mobile point of sale terminals from small & middle sized firms is predicted to stimulate the demand & growth of the point of sale terminals market in region of the rest of the world. Strategic mergers and acquisitions is a key business strategy adopted by the key market participants to increase their market share and ROI.

Key market participants involved in the point of sale terminals business and promoting the growth of global point of sale terminals market are included, Ingenico S.A, Squirrel Systems, Cisco Systems, PAX Technology Limited, Panasonic Corporation, HP Company, Verifone Systems Incorporation, Toshiba Corporation, MICROS Systems Incorporation, NCR Corporation, SKU Logistics, Wincor Nixdorf, Samsung  Electronics Company Limited, Raymark, Xpert, Business Systems Incorporation, Bunzl PLC   

Browse Related Reports:

Mobile POS Terminals Market Size By Component (Software, Hardware), By Application (Restaurants, Entertainment, Hospitality, Healthcare, Warehouse, Retail), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, China, India, Japan, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023

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

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Global Next Generation Biometric Market is Expected to Grow fast by 2021

The global next generation biometric market is expected to grow at a substantial growth rate due to the rising number of terrorists activities also the increasing theft activities on the part of crucial data and information which have raised concerns regarding the national security. Biometrics technology is basically the identification and verification of humans by their characteristics such as face, fingerprint, voice, iris, palm, signature, vein, and DNA.

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The global next generation biometric market is segmented into three major categories, on the basis of type into face recognition, fingerprint recognition, IRIS recognition, palm print recognition, voice recognition, signature recognition, vein recognition, and other next generation biometric recognition technologies, on the basis of application into government, defense, travel and immigration, banking & finance, consumer electronics, healthcare, home security, commercial security and other application. The market is also segmented by function into contact and non contact. The market is further segmented by geography into North America, Asia Pacific, Europe and rest of the world regions.

The market is driven by factors such as the growth in e-passport program, government support and extensive use in criminal identification. Growing the need for large scale surveillance at public gatherings and penetration of smartphones will also act as drivers for the global next generation biometrics market.

Some of the factors inhibiting the growth of the global next generation biometrics market are high cost of systems and fear of privacy intrusion. The growing use of biometric technology in e-commerce and cloud computing for biometric technology will serve as an opportunity, fuelling the growth of the global next generation biometric technology market.

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Some of the key players dominating the market are 3M, Cross Match Technologies, Inc., Facebanx, Fingerprint Cards AB, Fujitsu Ltd., Fulcrum Biometrics, NCE Corporation, RCG Holdings Limited, Safran SA, and Siemens AG among others.

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