Jan 8, 2019   SOURCE: PR NewsWire

Global POS Terminals Market 2019-2023: Continuous Development of New Products, Rise in the Adoption of Dual-Interface Chip Technology & Advent of HCE-Based POS Transactions

DUBLIN, Jan. 8, 2019 /PRNewswire/ --

The "Global POS Terminals Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

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The POS terminals market to grow at a CAGR of nearly 8% during the forecast period.

The growing demand for advanced technologies for managing payments in large end-user industries, such as retail, healthcare, hospitality and warehouse and distribution is a major factor to drive the market growth. The large number of credit and debit card transactions among consumers is encouraging retailers and other end-users to adopt POS terminal.

The end-users begin to demand a wide variety of payment solutions; POS terminal providers will be focusing on meeting their needs to retain the exiting customers and to attract new ones. Therefore, the availability of such products is likely to fuel the growth of the market during our forecast period.

Market Overview

Rise in the need for self-service POS terminal

Self service POS terminals such as self-service payment kiosks are interactive computer terminals featuring specialized hardware and software that provide access to information and allow customers to make card payments. The increased rate of self-service payments the will be a rise in the need for secure transactions. This has propelled the adoption of biometric POS terminals which subsequently led to growth of POS terminal market.

High operational and maintenance costs of POS terminals

The operational cost of POS terminals is considered higher than that of a conventional setup, which involves an actual register. Server based POS terminals are costlier than cloud based POS terminals due to their high setup costs, and many other factors. Therefore, the high maintenance costs of POS terminals are expected to limit the growth of the market during our forecast period.

Competitive Landscape

The POS terminals market is moderately fragmented, due to presence of considerable number of vendors in the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

    --  Preface

PART 03: MARKET LANDSCAPE

    --  Market ecosystem
    --  Market characteristics
    --  Market segmentation analysis

PART 04: MARKET SIZING

    --  Market sizing 2018
    --  Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

    --  Bargaining power of buyers
    --  Bargaining power of suppliers
    --  Threat of new entrants
    --  Threat of substitutes
    --  Threat of rivalry
    --  Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

    --  Market segmentation by product
    --  Comparison by product
    --  Fixed
    --  Mobile
    --  Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

    --  Market segmentation by end-user
    --  Comparison by end-user

    --  Retail
    --  Hospitality
    --  Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

    --  Geographic segmentation
    --  Geographic comparison
    --  Key leading countries
    --  Market opportunity

PART 10: MARKET SEGMENTATION BY EMV COMPLIANCE

    --  Comparison by EMV compliance

    --  EMV
    --  Non-EMV
    --  Market opportunity by EMV compliance

PART 11: DRIVERS AND CHALLENGES

    --  Market drivers
    --  Market challenges

PART 12: MARKET TRENDS

    --  Continuous development of new products
    --  Rise in the adoption of dual-interface chip technology
    --  Advent of HCE-based POS transactions

PART 13: VENDOR LANDSCAPE

    --  Overview
    --  Landscape disruption

PART 14: VENDOR ANALYSIS

    --  Vendors covered
    --  Vendor classification
    --  Market positioning of vendors
    --  First Data
    --  Ingenico Group
    --  PAX Global Technology
    --  SZZT Electronics
    --  Verifone

For more information about this report visit https://www.researchandmarkets.com/research/vgg6zw/global_pos?w=5

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