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Wireless Pos Terminal Market

Global Wireless Pos Terminal Market Research Report, By Component (Hardware, Software Solutions, and Services), By Type (Portable Countertop & Pin Pad, Mpos, Smart Pos and Others) and By End-User by Forecast Till 2023. The global Wireless POS Terminal is expected to reach approximately over USD 12 Billion by 2023 growing at a 13% CAGR over the forecast period 2018-2023.

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Wireless Pos Terminal Market

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  1. Wireless Pos Terminal Market Forecast 2023 Wireless Pos Terminal Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.

  2. Wireless Pos Terminal Market Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.

  3. Wireless Pos Terminal Market Forecast 2023 Summary The global wireless point-of-sale (POS) terminal market is poised to witness an above average CAGR of 13% over the forecast period of 2017 to 2023. POS terminals are implemented in various types across most all retail as it is vital in enabling card payments at cashier counters. The device is used for digital transactions made via credit or debit cards and also keeps track of the transaction and receipt. Emerging economies are presently displaying a huge demand for wireless POS terminals Market due to the consistent support from the government promoting cashless transactions. Increasing adoption of wireless PoS Terminal Market in the retail sector has been the result of the expansion of the retail sector among other industry verticals where Wireless Pos Terminal Market is used. It offers features such as portability, convenience, and pleasant transactional experience. Increasing online transitions, however, leave consumers vulnerable to cyber-attacks which is a serious concern due to the sensitive nature of the data. Moreover, wireless PoS terminals have a high maintenance cost which is expected to challenge the growth of the market. However, advancements in payment technology and increasing demand for security is likely to yield market expanding opportunities in the coming years. P a g e | 3 Copyright © 2017 Market Research Future.

  4. Wireless Pos Terminal Market Forecast 2023 Major Key Players: MRFR's competitive analysis includes prominent players such as Touch bistro, Moneris, NCR Corporation, Castles Technology, Cegid Group, Squirrel Systems, Elavon, Verifone, CITIXSYS AMERICAS, PAX Global Technology, BBPOS, BITEL, First Data, Ingenico, Diebold Nixdorf, Newland Payment Technology, and Winpos. P a g e | 4 Copyright © 2017 Market Research Future.

  5. Wireless Pos Terminal Market Forecast 2023 Segmentation: By component, the wireless POS terminal market is sub-segmented into hardware and software solutions. The hardware sub-segment consists of payment terminal, accessories and workstation. The payment terminal include smartphones and tablets associated with debit or credit card readers and accessories comprise monitors, receipt printers, barcode scanners, wireless barcode scanners, PIN pad, cash drawers, physical inventory scanners, and tag printers Furthermore, the software solutions include content management, asset management, configuration solutions, and others. The service subsegment include merchant services, installation services and transaction management services, and others. By the type, wireless POS terminal is further divided into portable countertop & pin pad, mPOS, smart POS and others. By end-user segment, the wireless POS terminal is segmented into Retail & E- commerce, hospitality, medical & healthcare, automotive & transportation, sports & entertainment, and other Industries. P a g e | 5 Copyright © 2017 Market Research Future.

  6. Wireless Pos Terminal Market Forecast 2023 Regional Analysis: Geographically, the wireless POS terminal is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World. North America is presumed to dominate the region in wireless POS terminal market. The U.S. and Canada are the leading countries in the region. This is due to advanced technological infrastructure, which made them early adopter of the system. Furthermore, Asia Pacific is anticipated to be the fastest growing region in the wireless POS Terminal market over the forecast period. India, Japan, and China are the leading countries to be a better prospect region. This is attributed to government initiatives to promote the cashless economy. P a g e | 6 Copyright © 2017 Market Research Future.

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