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Retail POS Terminals Market Strategies and Forecasts, 2020 to 2026

There has been an increasing adoption of retail POS terminals owing to increase need to improve customer experience, and simplify card payments. The global retail POS terminals market is driven by the increasing digital payments and government support to secure digital payments.

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Retail POS Terminals Market Strategies and Forecasts, 2020 to 2026

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  1. Retail POS Terminals Market Market Set to Exceed $49,863 Million By 2026 | CAGR 14.3%

  2. Retail POS Terminals Market Size to Reach $49,863 Million By 2026 “Retail Point-of-Sale (POS) Terminals Market [By Product Type (Fixed POS Terminals, Mobile POS Terminals); By Deployment (On-Premise, Cloud Based); By Components (Hardware, Software); By End-User (Supermarkets and Hypermarkets, Grocery and Departmental Stores, Specialty Stores, Others); By Regions]: Market size & Forecast, 2017 – 2026” According to a new study published by Polaris Market Research the worldwide Retail POS Terminals market is anticipated to reach USD 49,863 million by 2026. In 2017, the fixed POS terminals dominated the global market, in terms of revenue. North America is expected to lead the global market in 2017. There has been an increasing adoption of retail POS terminals owing to increase need to improve customer experience, and simplify card payments. The global retail POS terminals market is driven by the increasing digital payments and government support to secure digital payments. Technological advancement in cloud-based POS terminals, android-based POS terminals, biometrics, and NFC technology is expected to augment market growth. However, data privacy concerns and risk of data theft restricts the retail POS terminals market growth. LS Nav is a retail management system available in the market comprising POS and enterprise resource planning (ERP). The features offered by this system include e-commerce, inventory management, retail accounting, customer management, warehouse management, and mobile support. This system is developed for retail stores such as apparel, groceries, electronics, and convenience stores among others. This system enables users to track sales, productivity, and stock on a real time basis. Browse Detailed Research Report On Retail POS Terminals Market: https://www.polarismarketresearch.com/industry-analysis/retail-pos-terminals-market Clover POS Software is another solution available in the market for the retail sector. It is an integrated point-of-sale system with custom hardware developed for retailers. It can be deployed either as web- based or server-based. It also provides a mobile POS option along with countertop units. This system enables secure transactions, and provides access reports on a remote merchant dashboard. This system reads chip and PIN cards, credit cards, and can also process Apple Pay and other mobile payment apps. It can also integrate with QuickBooks to streamline the accounting process. North America generated the highest revenue in the market in 2017 owing to increasing adoption of mobile devices, high disposable income, and growing need to offer enhanced services to customers. POS terminals enable retailers to offer personalized services, customer loyalty solutions, variable payment options, and data regarding past transactions. - 2 -

  3. Retail POS Terminals Market Size to Reach $49,863 Million By 2026 The Asia Pacific region is expected to register substantial growth in the retail POS terminals market owing to the rapidly emerging retail sector in countries such as India and China. The demonetization effect in India has encouraged consumers to accept cashless transactions. The components of POS terminals in the retail sector include hardware, and software. The hardware components are expected to dominate the global market throughout the forecast period. The software segment is expected to grow significantly in the coming years owing to additional functionalities offered such as tracking customer behavior, analyzing buying trends, and offering customized loyalty programs. The well-known companies profiled in the report include Panasonic Corporation, Ingenico Group, NEC Corporation, Micros Systems Inc., Hewlett-Packard Inc., Cisco Systems Inc., Epicor Software Corporation, PAX Technology Ltd, and VeriFone Systems Inc. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Request for sample: https://www.polarismarketresearch.com/industry-analysis/retail-pos- terminals-market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions - 3 -

  4. Retail POS Terminals Market Size to Reach $49,863 Million By 2026 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-aways 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Retail POS Terminals Market Insights 3.1. Retail POS Terminals – Industry snapshot 3.2. Retail POS Terminals - Ecosystem analysis 3.3. Retail POS Terminals Dynamics 3.3.1. Retail POS Terminals – Market Forces 3.3.1.1. Retail POS Terminals Market Driver Analysis 3.3.1.2. Retail POS Terminals Restraint/Challenges analysis 3.3.1.3. Retail POS Terminals Opportunity Analysis 3.3.2. Industry analysis - Porter's five force 3.3.2.1. Bargaining power of supplier 3.3.2.2. Bargaining power of buyer 3.3.2.3. Threat of substitute 3.3.2.4. Threat of new entrant 3.3.2.5. Degree of competition 3.3.3. Retail POS Terminals Market PEST Analysis, 2017 3.3.4. Retail POS Terminals Value Chain Analysis 3.3.5. Retail POS Terminals Industry Trends 3.3.6. Competitive Ranking Analysis 4. Retail POS Terminals Market Size and Forecast, 2017-2026 by Product Type 4.1. Key Findings 4.2. Fixed POS Terminals 4.3. Mobile POS Terminals 5. Retail POS Terminals Market Size and Forecast, 2017-2026 by Deployment Type 5.1. Key Findings 5.2. On-Premise 5.3. Cloud Based 6. Retail POS Terminals Market Size and Forecast, 2017-2026 by Components 6.1. Key Findings 6.2. Hardware 6.3. Software 7. Retail POS Terminals Market Size and Forecast, 2017-2026 by End-User 7.1. Key Findings 7.2. Large Supermarkets and Hypermarkets 7.3. Grocery and Departmental Stores 7.4. Specialty Stores 7.5. Others 8. Retail POS Terminals Market Size and Forecast, 2017-2026 by Region 8.1. Key Findings 8.2. North America 8.2.1. U.S. 8.2.2. Canada 8.2.3. Mexico 8.3. Europe 8.3.1. Germany - 4 -

  5. Retail POS Terminals Market Size to Reach $49,863 Million By 2026 8.3.2. UK 8.3.3. France 8.3.4. Italy 8.3.5. Rest of Europe 8.4. Asia-Pacific 8.4.1. China 8.4.2. India 8.4.3. Japan 8.4.4. Rest of Asia-Pacific 8.5. Latin America 8.5.1. Brazil 8.6. Middle East & Africa 9. Company Profiles 9.1. Panasonic Corporation 9.1.1. Overview 9.1.2. Financials 9.1.3. Product Benchmarking 9.1.4. Recent Developments 9.2. NCR Corporation 9.2.1. Overview 9.2.2. Financials 9.2.3. Product Benchmarking 9.2.4. Recent Developments 9.3. Ingenico Group 9.3.1. Overview 9.3.2. Financials 9.3.3. Product Benchmarking 9.3.4. Recent Developments 9.4. NEC Corporation 9.4.1. Overview 9.4.2. Financials 9.4.3. Product Benchmarking 9.4.4. Recent Developments 9.5. Micros Systems Inc. 9.5.1. Overview 9.5.2. Financials 9.5.3. Product Benchmarking 9.5.4. Recent Developments 9.6. Hewlett-Packard Inc. 9.6.1. Overview 9.6.2. Financials 9.6.3. Product Benchmarking 9.6.4. Recent Developments 9.7. Cisco Systems Inc. 9.7.1. Overview 9.7.2. Financials 9.7.3. Product Benchmarking 9.7.4. Recent Developments 9.8. Epicor Software Corporation 9.8.1. Overview 9.8.2. Financials 9.8.3. Product Benchmarking - 5 -

  6. Retail POS Terminals Market Size to Reach $49,863 Million By 2026 9.8.4. Recent Developments 9.9. PAX Technology Ltd 9.9.1. Overview 9.9.2. Financials 9.9.3. Product Benchmarking 9.9.4. Recent Developments 9.10. VeriFone Systems Inc. 9.10.1. Overview 9.10.2. Financials 9.10.3. Product Benchmarking 9.10.4. Recent Developments Access Press Release on Retail POS Terminals Market: https://www.polarismarketresearch.com/press-releases/global-retail-point-of-sale-pos- terminals-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 6 -

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