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.

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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.

Contact Us:

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Corporate Sales, USA
Fractovia.org
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POS Terminals Market Growth Forecast Analysis by Manufacturers, Regions, Type and Application to 2022

POS Terminals Market  Report is an in-depth analysis of the market by our industry experts with unparalleled domain knowledge. The report primarily focuses on many critical points and trends of the industry which are useful for our esteemed clients. The report covers a huge area of information including an overview, comprehensive analysis, definitions and classifications, applications, and expert opinions. With the extent of information filled in the report, the presentation and style of the Global POS Terminals Market report is a noteworthy.

POS Terminals Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Based on product, this report displays the sales market analysis of POS Terminals followed by Sales Price and Sales Revenue with reference to regions. Further the report gives in depth analysis of major manufactures by analysing Production and Sales Market Comparison.

Major classifications are as follows: Fixed POS Terminals, Wireless POS Terminals, Mobile POS Terminals

Major applications are as follows: Financial Institutions, Third-party Payment Institutions

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POS Terminals Market Report provides complete information about manufacturers, suppliers, distributors, traders, customers, investors and major types as well as applications. The report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin.

Major companies are as follows: Ingenico, Verifone, PAX, Newland Payment, Fujian LIANDI, Xin Guo Du, New POS Technology, Bitel, CyberNet, Castles Technology

Key Points in POS Terminals Market Report:

  • POS Terminals Market Overview
  • Brief Introduction of POS Terminals Market Major Applications
  • Major Manufacturers Production and Sales Market Comparison Analysis
  • Product Specification and Major Types Analysis
  • Global and Regional Market Forecast
  • POS Terminals Market Chain Analysis
  • New Project Investment Feasibility Analysis

Do You Have Any Query or Specific Requirement? Ask to Our Industry Expert @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/11024206

Overall the POS Terminals report offers a whole consequential Analysis of the parent POS Terminals market, key tactics followed by leading POS Terminals industry Players and upcoming segments. Former, current and forecast POS Terminals market analysis in terms of volume and value along with research conclusions. So that POS Terminals report helps the new aspirants to inspect the forthcoming opportunities in the POS Terminals market.

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 

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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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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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Global Mobile Point of Sale (MPOS) Systems Market Expanding at a CAGR of +35% by 2022 – Size and Share, New Innovations, Technologies, Forecast & Key Players like Hewlett-Packard Company, Cisco Systems, MICROS Systems, Panasonic Corporation, Toshiba Corporation, VeriFone Systems Inc

Mobile Point of Sale Systems, Mobile Point of Sale Systems Market, Industry, Trade, analysis, overview, trends, Growth, Size, Profit, Technology, Challenges, Business, intelligence, mPOS, POS Terminals, Point of Sale, Mobile, Services, Service Industries
Mobile Point of Sale (MPOS) Systems

According to Research N Reports the Global Mobile Point of Sale (MPOS) Systems market, which is expected to attain a value of US$4.18 billion by 2017, will expand further at a remarkable CAGR of +35% between 2017 and 2022, reaching US$+47 billion by the end of 2022.

mPOS (Mobile Point of Sale) terminals are dedicated incorporated mobile equipment (tablets and smartphones) that work as electronic POS terminals. This dedicated mobile equipment can also be changed into compensation terminals through the use of dongles or sleeves. These are equipped with utilities such as Radio Frequency Identification (RFID), Wi-Fi, Voice over Internet Protocol (VoIP) and Smartcard.

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Mobile POS terminals are additionally utilized to administer receive and send invoices, inventory/assets, dispatch digitizes notes, and takes signatures at respective counters. These abilities allow mPOS terminals to acknowledge payments even distantly by wireless applications. Technical Advancements in payment technologies coupled with the shift towards Euro pay/MasterCard/Visa) chip card reimbursement is expected to propel growth over the forecast period. The report studies the different product segments and end-user applications segment of the Mobile Point of Sale Systems market.

Key Players Profiled in this Report:

Hewlett-Packard Company

Cisco Systems

MICROS Systems

Panasonic Corporation

Toshiba Corporation

VeriFone Systems Inc

PAX Technology Limited

Samsung Electronics Co.

First Data Corporation

Regions Covered:

United States, North America, Europe, China, Japan, Southeast Asia, India and RoW.

The report gives a SWOT analysis of the new projects in the international and Mobile Point of Sale Systems market, investment feasibility, development trends, and investment return analysis of these projects. Study of this market’s competitive landscape includes data facts and figures about leading countries and suppliers’ capacity, cost-structures, production values, profits, and gross margins of key businesses operating in the market over the report’s review period.

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Other industry-related processes about the Mobile Point of Sale Systems market, such as a detailed explanation of the manufacturing structure, the financial background of the market, supply and demand dynamics, trade figures, and production value margins are also analyzed in the report. Prime development policies and plans concerning the Mobile Point of Sale Systems market are examined with regard to their impact on the market in the forecast period.

Major players in the Mobile Point of Sale Systems market have been listed down in the report. The report talks about the key players eyeing the development of the market in emerging economies due to the numerous significant efforts taken by the policymakers to transform the economic landscape.

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Table of Contents

Global Mobile Point of Sale Systems Market Research Report 2017

Chapter 1 Mobile Point of Sale Systems 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

The market share evaluation of the primary players of the Mobile Point of Sale Systems market given in the report offers a thorough evaluation of the market shares of the companies profiled in this report. The report fuses an analysis of the company profiles as well as the industry patterns for Mobile Point of Sale Systems market used transversely over diverse end-use businesses.

POS Terminals Global Market in the Hospitality Sector, Analysis and Forecasts to 2019

POS terminals are a combination of hardware and software, which allows users to accept card payments directly without updating the cash registers. The cost of installing a terminal vary with the size of the business unit and selling terms with the channel partners and suppliers. A POS terminal is an electronic device and performs the following functions:
– Reads the information of a customer’s credit/debit card
– Checks the funds status in a customer’s bank account
– Transfers the funds from customer’s account to the seller’s account
– Records the transaction
– Print the receipt of the transaction

For more information http://www.reportsweb.com/global-pos-terminals-market-in-the-hospitality-sector-2015-2019

POS terminals are now combined with union pay, which had resulted in increased market growth and shipment in 2014. This can be attributed to growing payment services and usage of debit/credit cards for transactions.

Publisher’s analysts forecast the revenue of the global POS terminals market in the hospitality sector to grow at a CAGR of 14.76% in terms of revenue during 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global POS terminal market in the hospitality sector for 2015-2019. The report considers the revenue generated from the shipments of POS terminals in the hospitality sector including fixed POS terminals and wireless POS terminals. The report does not consider the revenue generated from the following:
– Mobile computing devices such as smartphones and tablets used as POS terminals by merchants
– Service and maintenance of POS terminals
– Re-selling
– Sales of used POS terminals

The merchants in the POS terminal market for the hospitality sector include the following:
– Hotels
– Fast-food takeaways
– Restaurants

Publisher’s report, Global POS Terminals Market in the Hospitality Sector 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
– First data
– Ingenico
– SZZT
– VeriFone.

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Other prominent vendors
– CyberNet
– Equinox
– PAX Technology

Key market driver
– Increased adoption of EMV cards
– For a full, detailed list, view our report

Key market challenge
– High entry barriers
– For a full, detailed list, view our report

Key market trend
– Cloud-based solutions
– For a full, detailed list, view our report

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Global Biometric POS Terminals Market Expanding at a Huge CAGR of +28% by 2022 –Latest Technologies, Innovations, by Type, by Application, Size, Share & Key Players like Bitel, Biyo, Crossmatch, DERMALOG Identification Systems, EKEMP INTERNATIONAL

Biometric POS Terminals, Biometric POS Terminals Market, Industry, Trade, analysis, overview, trends, Growth, Size, Profit, POS Terminals, Biometrics, Service Industries
Biometric POS Terminals

Market research analysts at Research N Reports predict that the global biometric PoS terminals market will grow steadily at a CAGR of +28% by 2022.

This market research analysis identifies the rise in fraud in merchant PoS terminals as one of the primary growth factors for this market. The debit and credit card users face issues and huge losses due to identity theft and financial fraud. Remote hacking of the PoS terminals has resulted in loss of millions of dollars’ worth of transactions. All the sensitive information can be easily obtained using techniques such as RAM scraping and key loggers. The individuality feature of biometrics makes it impossible to replicate, consequently, enhancing the security of the transaction. The fraud rates can be reduced even further on integration of these biometrics with the EMV (Europay, MasterCard, and Visa) terminals.

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According to the Biometric POS Terminals Market report, one driver in the market is rise in fraud at merchant POS terminals. The chances of fraud at merchant POS terminals are increasing. Credit and debit card users face issues such as identity theft and financial fraud.

Key Players Profiled in this Report:

Bitel, Biyo, Crossmatch, DERMALOG Identification Systems, EKEMP INTERNATIONAL, Fujitsu, Ingenico Group, M2SYS, PayTango, OT-Morpho, SmartMetric, Sthaler, Verifone, Zvetco Biometrics, Zwipe

Regions Covered:

United States, North America, Europe, China, Japan, Southeast Asia, India and RoW.

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The growth of the industrial sector is one of the main driving factors that is responsible for the growth and development of the Biometric POS Terminals market worldwide. The modern Internet of Things is following the surge of digitalization of innovation that builds up a scaffold amongst the physical and advanced world. The model follows the growth status of the physical product growth cycle and enables the client to check the performance and outcome of the process.

The report also estimates the regulatory landscapes which affect various resolutions in the biometric PoS terminals market. It also provides thorough information about the tactics, rules, guidelines and procedures with respect to this market. After assembling all data, this report forms an outstanding report depository which can help gain supreme knowledge with respect to the biometric PoS terminals market. With help of this report, clients can apprehend the market strategies and make right judgments.

Under the overall analysis of the global Biometric POS Terminals market, the researchers have shed light on sales price, sales, and capacity factors. The sales price analysis of the global market has been offered for the year 2016 based on company segment. A parallel pattern of analysis has been practiced for evaluating sales and capacity factors that include growth rate.

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Table of Contents

Global Biometric POS Terminals Market Research Report 2017

Chapter 1 Biometric POS Terminals Market Overview

Chapter 2 Global Biometric POS Terminals 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

Few of the forefront players working in the Global Biometric POS Terminals Market are depicted in the report for the goal of efficient contextual analysis. The business and economic synopsis of these endeavors alongside their principle techniques endorsed have been given in this report.

POS Terminals Market Its Competitive Analysis Between 2017 – 2024

MaketStudyReport.com adds a New POS Terminals Market Research Report for the period of 2017 – 2024 that shows the growth of the market is rising at 2024.

POS Terminals Market size is poised to surpass USD 125 billion by 2024; according to a new research report. The global shipments are set to witness a double-digit growth rate in the coming years.

The POS terminals market is anticipated to witness considerable growth over the forecast timespan owing to the rising demand across several applications such as entertainment, healthcare, hospitality, retail, and warehouse. Increasing advancements in technologies and the growing demands for contactless payments, coupled with the adoption of NFC devices in the industry are anticipated to boost the global POS terminals market demand.

Owing to the surge in the popularity of e-commerce in the recent years, an increase in the number of online shoppers has been witnessed. The increasing demands from customers, and the changing customer needs has compelled several vendors to focus on implementing online sales segment for their businesses. The vendors are concentrating on replacing their physical stores with e-commerce channels, which has led to a speedy growth of e-commerce transactions. Moreover, the developments in design & engineering and the low pricing of the terminals has made them affordable for most of the vendors.

The rising penetration of the Internet and payment solutions, such as online payments, stationary phone and mobile payments, has given an impetus to the POS terminals market. The systems are gradually shifting towards digital format, with e-mail and electronic receipts allowing paper free transactions. In addition, increased adoption of debit and credit cards has generated a high demand for these devices. With the advancements in payment technologies, the industry is migrating towards EMV chip card payments which is anticipated to further fuel the POS terminals market momentum in the next seven years.

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The above information is provided on a regional and country basis for the following:

  • North America: S, Canada, Mexico.
  • Europe: Germany, UK, France, Italy, Russia.
  • Asia Pacific: China, India, Japan, South Korea
  • MEA: Middle East & Africa
  • Latin America (LATAM): Brazil,

POS Terminals Market by Product:

  • Mobile
  • Fixed

POS Terminals Market, By Component:

  • Software
  • Hardware

POS Terminals Market, By End-Use:

  • Entertainment
  • Healthcare
  • Hospitality
  • Retail
  • Warehouse
  • Others

POS Terminals Market, By, Growth drivers:

  • Penetration of EMV cards in the U.S.
  • Stringent government regulations in Europe
  • Demonetization effect in India
  • Rising inclination towards online payments in China
  • Rising mobile POS terminal demand in Brazil
  • Flourishing retail industry vertical in the UAE
  • Industry pitfalls and challenges
  • Lack of reliable and advanced infrastructure
  • High security risks

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A key challenge for the industry participants is the privacy and security concerns associated with data breaches. The non-compliance towards Payment Card Industry Data Security Standard (PCI-DSS) is increasing the prospect of card data breaches, which is resulting in the financial impacts. The migration of the global payments market towards more secure chip card technology is anticipated to subdue the impact of this challenge.

Rise in the reasonably priced wireless communications technologies is fueling the mobile POS terminals market demand. Presence of universal wireless connectivity such as Bluetooth, and the availability of mobile card readers, scanners, printers, and other devices has driven the industry growth. This growth has encouraged retail and hospitality industries to leverage new strategies and applications to offer a seamless customer experience.

The healthcare application is expected to witness high growth opportunities owing to the rising need to streamline payment practices which is determined to drive the POS terminals market demand. The systems are enabling the exchange of healthcare data which includes administrative, clinical and financial data, through a secure and safe infrastructure. With the rise in high deductible insurance plans, and the patients desire to negotiate healthcare costs in real-time it has led to an increased number of card based payments by patients thereby fueling the system installations at healthcare institutions and providing a growth impetus to the POS terminals market.

The APAC POS terminals market is predicted to witness substantial growth owing to the growing usage of smartphones and the considerable unbanked population in densely inhabited countries. Increasing number of healthcare facilities coupled with the developing payment landscape is anticipated drive the demand. In addition, China and India POS terminals market are anticipated to act as an impetus in generating a demand for the systems owing to a speedy increase in the number of businesses and SMEs.

The key industry players include VeriFone Systems Inc., Toshiba Corporation, Squirrel Systems, Shenzhen Xinguodu, Samsung Electronics Co., Ltd., Panasonic Corporation, PAX Technology, NEC Corporation, NCR Corporation, Ingenico Group, Fujian Newland and Cisco Systems, Inc. The industry is growing steadily with extensive demands, industry players are investing in R&D to gain a competitive advantage, which is anticipated to result in mergers and acquisitions. In the industry, the number of solution providers and manufacturers are likely to increase, thereby escalating industry competition in the coming years.

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Point of Sale Terminals Market Outlook to 2025 – MICROS Systems, VeriFone Systems, Panasonic, PAX Technology, Samsung Electronics

“Global POS Terminals Market Research Report 2017-2025” is a professional and in-depth study on the current state of the POS Terminals Market. This report studies POS Terminals in Global market, especially North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America. Focuses on top manufacturers in global market, with size, growth, capacity, production, price, revenue and market share for each manufacturer includes 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 and Samsung Electronics Co. Ltd among others.

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.

With the use of mPOS, the financial transactions can be conducted at the customer place, which in turn improves customer experience. Moreover, the initial cost of mPOS is low as compared to traditional fixed POS systems creating a demand in medium and small sized businesses. Retail and hospitality sector are experiencing rapid progress in demand for mPOS solutions due to enhanced ROI and augmented demand for customer analytics features.

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With the advancement in technology, the market for mPOS and wireless terminals has increased significantly. As these systems provide many essential advantages such as ease to use, lesser cost of deployment and mobility. Furthermore, the usage smartphones and tablets too has increased in offices, therefore, opting for mPOS is more economical than fixed POS terminals. The reasonable price for wireless communication technologies and taking of TCP/IP connectivity empowered terminals are features favorable to mPOS terminals growth.

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.

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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.

Some of the key players in the POS terminals market include 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 and Samsung Electronics Co. Ltd among others.

Market Segmentation of POS Terminals are as follow:

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

  • Wireless POS
  • Mobile POS
  • Fixed POS

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

  • POS Software
  • POS Hardware
  • POS Services

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

  • Retail
  • Entertainment
  • Government
  • Warehouse/Distribution
  • Hospitality
  • Restaurants
  • Transportation
  • Others

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

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • South America (SAM)

Global Point of Sale Terminals Market (Key Company Profiles Included Key Facts, Business Description, Financial Overview, SWOT Analysis and Key Developments)

  • 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

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