Global Information Inc. would like to present a new market research report, "RETAIL & TRANSACTION AUTOMATION EQUIPMENT, 2010 - BUSINESS PLANNING SERVICE - TRACK 1: TECHNOLOGY MARKET ANALYSIS VOLUMES - Vol. 2 POS Receipt Printers" by VDC Research Group.
VDC Researchs latest report estimates that the market for POS Receipt Printers reached more than $803 million in 2009, and is expected to grow more than 5% through 2014.
2009 was a challenging year for POS receipt printer vendors and their partners. Store closings, extended refresh cycles and increased attention to the environmental impact of receipt printing have hampered growth in the trailing 18 months. While some suppliers are waiting for the market to rebound, others are innovating, creating next generation receipt printing solutions that are resonating with retailers. These solutions reduce energy consumption, media consumption and ultimately operating expenses, lowering the total cost of ownership (TCO) for retailers as they migrate to next generation printing platforms.
"Retailers are becoming increasingly aware of the environmental and financial impact of receipt printing, and suppliers are responding with printers that address each of these concerns while enhancing performance and simplifying maintenance," said Tom Wimmer, Director of the AutoID & Transaction Automation practice at VDC Research. "Forward thinking suppliers will continue to innovate along these dimensions, supporting their customers print-centric requirements today while exploring alternative approaches to creating, distributing and storing transaction-related information in the future."
VDCs Retail & Transaction Automation Equipment, 2010 Business Planning Service: POS Receipt Printers Market Analysis study explores these issues in-depth and is available for purchase. As part of our on-going coverage of the retail automation markets, this report provides the granular segmentation and supporting analysis suppliers need to plan effectively and grow profitably.