1 / 10

POS Terminal Market Report 2016-2024

Global POS (point of sale) terminals market is estimated to reach over USD 131.5 billion by the end of 2024 and is anticipated to grow at a CAGR of 14% during the forecast period. Expansion of e-commerce business, rising concerns over eliminating the black money markets and favorable monetary policies are accelerating the growth of POS (point of sale) terminals market. To get more details read our report: https://www.goldsteinresearch.com/report/global-point-of-sale-pos-terminals-market-analysis-research

Goldsteinresearch
Download Presentation

POS Terminal Market Report 2016-2024

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. POS Terminal Market Outlook Global POS Terminal Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  Report Code :CHM 1958 www.goldsteinresearch.com +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422 +91-991-071-6331 sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  2. Global POS Terminal Market Size (USD Billion) & Growth Analysis Global POS Terminal Market Size (USD Billion)-2016-2024 Sample Request Sample Source: Goldstein Research • POS Terminal Marketis anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. The market is anticipated to reach USD XX Billion by the end of 2024. Ease of use and improved return on investment (ROI) offered by these systems has favorably impacted the market. Increased demand for mobile POS (mPOS) terminals such as smart card EFT (Electronic Funds Transfer) is estimated to drive the market. • Fixed POS terminal industry, dominated the overall revenue share in 2016 by XX%. For any retailer considering a new POS software, advanced import / export functions is a key feature as it determines how quickly one will be able to load your products into a new system and, even more importantly, whether you can retrieve your data should you wish to eventually switch systems. A solid POS will include the option to save import mapping as templates so that one can more easily import standardized spreadsheets such as new product lists from suppliers. • Further, as credit and debit cards continue to grow in popularity, it is increasingly important for business owners to manage the cost of their monthly processing fees. Merchant services like card processing are an important added value as they offer better cashflow and minimize theft, but depending on the provider, processing fees can easily eat into profit margins. Such benefits are expected to increase the adoption of POS in near future. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  3. Global POS Terminal Market Outlook • The global POS terminal market sizeis registering an impressive growth of XX% in 2016 and all the four regions Americas, Asia-Pacific, Europe, Middle East and Africa demonstrating positive growth prospects in near. North America stood as the largest POS Terminal Market in 2016, followed by Europe. Whereas, over the forecast period (2016-2024) Asia Pacific is projected to grow at highest CAGR of XX%, due to increasing adoption of cashless system of economy. • Globally, the research study reflects that factors such as nativity, security, ease of use, availability, convenience, intention to use, complexity of the technology are among the top factors influencing the use of POS terminals. • Mobile POS payments contributed to the digital payments value with about XX% or USD XX billion in 2017. Given the high internet coverage and smart device penetration, the adoption of digital payment services in developed countries is mainly a question of convenience and added value to the existing infrastructure. • The future of payments is obvious that the way we pay for goods and services, online as well as offline, is about to change radically due to emerging digital services. China has emerged as a mobile-first country, that sets the standards for mCommerce shopping as well as mobile POS-solutions very high. • Global Digital Payments are expected to double their transaction value by 2022 to reach USD XX billion. Mobile Payments are expected to grow almost 6-fold between 2017 and 2022 at a compound annual growth rate of XX%. At the same time, Digital Commerce volume is expected to grow at XX%. Having a look at regional differences, the U.S., Europe and China will account for XX% of the global Digital Payment transaction value by 2022. China‘s share of the global transaction volume will increase to USD XX billion or XX%. • Although growth rates show high double-digit figures in the Western world, relevant market growth is added by mobile-first countries, especially China, in the next couple of years. Working Population Sample Internet Penetration Connectivity Infrastructure Government Cashless System Global POS Terminal Market Size (USD Billion) Europe North America Asia-Pacific USD XX Billion 2016 USD XX Billion USD XX Billion USD XX Billion 2024 USD XX Billion USD XX Billion Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  4. Growth Drivers • Growing Adoption of Near-field Communication (NFC) Technology for Payments • Ease of use and improved return on investment (ROI) offered by cloud computing & NFC has favorably impacted the market. Increased demand for mobile POS (mPOS) terminals such as smart card EFT (Electronic Funds Transfer) is also estimated to drive the market. • Increased penetration of NFC-based smartphones is expected to increase NFC POS terminals demand. This is attributed to worldwide recognition of TCP/IP connectivity enabled terminals and increase in affordable wireless communication technologies. • Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-point-of-sale-pos-terminals-market-analysis-research Global Shipment of NFC Ready POS and NFC Ready Mobile POS (mPOS) Terminals, 2016 Sample Request Source: Goldstein Research Impact on Global POS Terminal Market Asia Pacific Penetration of Internet Connectivity, 2016-2020 Inclination Towards Digital Payment System XXXXXXX XXXXXXX Rising Penetration of Internet Connectivity & Smart Devices XXXXXXX XXXXXXX Impact on Global POS Terminal Market Impact on Global POS Terminal Market High Medium Low Impact on Global POS Terminal Market China Digital Payment Market, 2016-2024 Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  5. Market Trends & Opportunities Global Digital Payments transaction value (USD Billion), 2024 Sample Large players such as PayPal, Apple, Amazon & Facebook are putting significant amounts of money into online and mobile payment solutions. The ongoing development from separate online shops towards integrated online shopping ecosystems, in particular the merger of shopping and social media / messaging, enables new business models and opportunities for digital payment methods. These two payment providers cover almost the entire Chinese Mobile Payment market. Paying the taxi driver, buying a coffee to go on the way to work, ordering cinema tickets and splitting the bill between friends – it’s all covered by one single payment app. And this is what will probably come to Europe and the U.S. as well (sooner or later). In Europe we observe an evolving FinTech start-up landscape, especially in Online and Mobile Banking. However, market dynamics and pervasion of innovative FinTech solutions are not comparable to China or the U.S. Future applications: ▪ Checkout areas will become obsolete. Supermarket customers will pay for their goods using their jackets or coats. ▪ Pay-as-you-go: There is no more need for tickets in public transportation systems. When boarding a bus, payments can be triggered by passengers’ shoes. ▪ Vehicles with integrated payment features enable a contactless payment of refueling and parking charges. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  6. North America POS Terminal Market Attractiveness, By Country, 2016-2024 North America POS Terminal Market Attractiveness, By Country, 2016-2024 CAGR (%) Market Size (USD Billion) Sample SAMPLE Source: Goldstein Research US Canada North America POS Terminal Market BPS Analysis, By Country, 2016-2024 Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  7. Global POS Terminal Market Outlook Sample Request About Us Connect With Us: Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  8. Vision Value Visibility About Us Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market research reportsand forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  9. Vision Value Visibility Contact Us: For Research & Sales Related Queries +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422 +91-991-071-6331 sales@goldsteinresearch.com Corporate Office: 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

  10. Global POS Terminal Market Outlook Sample Request Thank you Connect With Us: Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

More Related