Global Point of Sale Terminal Market Size study & Forecast, by Component By Type By End-user Industries and Regional Analysis, 2023-2030

Description

List of Tables

Global Point of Sale Terminal Market is valued approximately at USD 84.87 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.68% over the forecast period 2023-2030. Point of Sale Terminal refers to a specialized hardware and software system used in retail and hospitality businesses for processing sales transactions. It serves as the central point where a customer makes a payment for goods or services. The POS terminal typically includes a combination of hardware components such as a computer or tablet, a cash register, barcode scanner, receipt printer, and a payment terminal. The Point-of-Sale Terminal market is expanding because of factors such as increasing number of retail sales and rising demand of near field communication (NFC) technology. As a result, the demand of Point of Sale Terminal has progressively increased in the international market during the forecast period 2023-2030.

POS systems capture valuable data related to sales, customer preferences and inventory levels. With an increasing number of retail sales, the data generated becomes more extensive, providing retailers with valuable insights. This data can be leveraged for informed decision-making, inventory optimization, and targeted marketing strategies. According to the Statista, the global retail sales were approximately USD 26.4 trillion in 2021 and projected to reach up to USD 32.8 trillion by 2026. Another important factor driving the Point-of-Sale Terminal market is increasing demand for the near field communication technology. NFC enables contactless payments, allowing customers to make transactions by simply tapping their NFC-enabled cards or mobile devices on the POS terminal. This enhances the overall payment experience, reducing transaction times and making the checkout process efficient. In addition, as per Statista, the global Near Field Communication (NFC) market accounts USD 20.3 billion in 2020 and projected to reach up to USD 47.3 billion by the year end of 2024. Moreover, supportive government initiatives towards digital payments and rising popularity of cashless transactions are anticipated to create a lucrative growth opportunity for the market over the forecast period. However, data security concerns and problems associated with network connectivity is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Point of Sale Terminal Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the rising integration of mobile POS terminals in the region. Mobile POS systems enable faster and more convenient transactions, reducing wait times for customers. This enhanced speed and efficiency contribute to a positive customer experience, leading to increased customer satisfaction and potentially higher sales. The region's dominant performance is anticipated to propel the overall demand of Point of Sale Terminal. Furthermore, Asia Pacific is expected to be the fastest growing regional market during the forecast period, owing to factors such as rising popularity of cashless payments and growth in e-commerce in the region. Cashless transactions are generally faster and more efficient than traditional cash transactions. Businesses, especially those with high transaction volumes, find that using POS terminals for cashless payments improves overall efficiency, reducing wait times and improving customer satisfaction.

Major market player included in this report are:

iMetrics Pte Ltd
Samsung Electronics Co. Ltd
Ingenico SA
VeriFone System Inc
Micros Retail Systems Inc
HP Development Company LP
Panasonic Corporation
Bindo Labs Inc
NEC Corporation
PAX Technology

Recent Developments in the Market:

In June 2023, Fintech payable has launched a new point of sale product for in-person purchases at retailers, enhancing merchants' omnichannel payment services by allowing them to take payments for both online and offline transactions using a single terminal.
In January 2022, Adyen, the global payments platform of choice for many of the world's largest businesses, announced the availability of mobile Android point-of-sale (POS) terminals in the EU, UK, and US. The devices represent a significant shift in the role of the payment terminal, serving as an all-in-one solution that eliminates the need for separate cash registers, barcode scanners, and customer-facing displays. The terminals also include an app management system, which allows retailers to upload and manage the apps they use on a daily basis, such as inventory management, loyalty programmes, returns, and more. The introduction of these multi-purpose terminals will not only lower the cost of their hardware, but will also enable businesses to significantly improve in-person client experiences.

Global Point of Sale Terminal Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Component, Type, End-user Industries, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component

Hardware
Software
Services

By Type

Fixed Point-of-Sale Terminals
Mobile/Portable Point-of-Sale Terminals

By End-user Industries

Entertainment
Hospitality
Healthcare
Retail
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Point of Sale Terminal Market, by region, 2020-2030 (USD Billion)
- 1.2.2.Point of Sale Terminal Market, by Component, 2020-2030 (USD Billion)
- 1.2.3.Point of Sale Terminal Market, by Type, 2020-2030 (USD Billion)
- 1.2.4.Point of Sale Terminal Market, by End-user Industries, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Point of Sale Terminal Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Point of Sale Terminal Market Dynamics

3.1.Point of Sale Terminal Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Growing retail sales
  - 3.1.1.2.Rising demand of near field communication (NFC) technology
- 3.1.2.Market Challenges
  - 3.1.2.1.Data security concerns
  - 3.1.2.2.Problems associated with network connectivity
- 3.1.3.Market Opportunities
  - 3.1.3.1.Supportive government initiatives towards digital payments
  - 3.1.3.2.Rising popularity of cashless transactions

Chapter 4.Global Point of Sale Terminal Market: Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economic
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Point of Sale Terminal Market, by Component

5.1.Market Snapshot
5.2.Global Point of Sale Terminal Market by Component, Performance - Potential Analysis
5.3.Global Point of Sale Terminal Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4.Point of Sale Terminal Market, Sub Segment Analysis
- 5.4.1.Hardware
- 5.4.2.Software
- 5.4.3.Services

Chapter 6.Global Point of Sale Terminal Market, by Type

6.1.Market Snapshot
6.2.Global Point of Sale Terminal Market by Type, Performance - Potential Analysis
6.3.Global Point of Sale Terminal Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
6.4.Point of Sale Terminal Market, Sub Segment Analysis
- 6.4.1.Fixed Point-of-Sale Terminals
- 6.4.2.Mobile/Portable Point-of-Sale Terminals

Chapter 7.Global Point of Sale Terminal Market, by End-user Industries

7.1.Market Snapshot
7.2.Global Point of Sale Terminal Market by End-user Industries, Performance - Potential Analysis
7.3.Global Point of Sale Terminal Market Estimates & Forecasts by End-user Industries 2020-2030 (USD Billion)
7.4.Point of Sale Terminal Market, Sub Segment Analysis
- 7.4.1.Entertainment
- 7.4.2.Hospitality
- 7.4.3.Healthcare
- 7.4.4.Retail
- 7.4.5.Others

Chapter 8.Global Point of Sale Terminal Market, Regional Analysis

8.1.Top Leading Countries
8.2.Top Emerging Countries
8.3.Point of Sale Terminal Market, Regional Market Snapshot
8.4.North America Point of Sale Terminal Market
- 8.4.1.U.S. Point of Sale Terminal Market
  - 8.4.1.1.Component breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2.Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3.End-user Industries breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Point of Sale Terminal Market
8.5.Europe Point of Sale Terminal Market Snapshot
- 8.5.1.U.K. Point of Sale Terminal Market
- 8.5.2.Germany Point of Sale Terminal Market
- 8.5.3.France Point of Sale Terminal Market
- 8.5.4.Spain Point of Sale Terminal Market
- 8.5.5.Italy Point of Sale Terminal Market
- 8.5.6.Rest of Europe Point of Sale Terminal Market
8.6.Asia-Pacific Point of Sale Terminal Market Snapshot
- 8.6.1.China Point of Sale Terminal Market
- 8.6.2.India Point of Sale Terminal Market
- 8.6.3.Japan Point of Sale Terminal Market
- 8.6.4.Australia Point of Sale Terminal Market
- 8.6.5.South Korea Point of Sale Terminal Market
- 8.6.6.Rest of Asia Pacific Point of Sale Terminal Market
8.7.Latin America Point of Sale Terminal Market Snapshot
- 8.7.1.Brazil Point of Sale Terminal Market
- 8.7.2.Mexico Point of Sale Terminal Market
8.8.Middle East & Africa Point of Sale Terminal Market
- 8.8.1.Saudi Arabia Point of Sale Terminal Market
- 8.8.2.South Africa Point of Sale Terminal Market
- 8.8.3.Rest of Middle East & Africa Point of Sale Terminal Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1. iMetrics Pte Ltd
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Recent Developments
- 9.3.2.Samsung Electronics Co. Ltd
- 9.3.3.Ingenico SA
- 9.3.4.VeriFone System Inc
- 9.3.5.Micros Retail Systems Inc
- 9.3.6.HP Development Company LP
- 9.3.7.Panasonic Corporation
- 9.3.8.Bindo Labs Inc
- 9.3.9.NEC Corporation
- 9.3.10.PAX Technology

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Point of Sale Terminal Market, report scope
TABLE 2.Global Point of Sale Terminal Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Point of Sale Terminal Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4.Global Point of Sale Terminal Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 5.Global Point of Sale Terminal Market estimates & forecasts by End-user Industries 2020-2030 (USD Billion)
TABLE 6.Global Point of Sale Terminal Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Point of Sale Terminal Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Point of Sale Terminal Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Point of Sale Terminal Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Point of Sale Terminal Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Point of Sale Terminal Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Point of Sale Terminal Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Point of Sale Terminal Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Point of Sale Terminal Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.Global Point of Sale Terminal Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17.U.S. Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.U.S. Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19.Canada Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20.Canada Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.Canada Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22.UK Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23.UK Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.UK Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25.Germany Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26.Germany Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.Germany Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28.France Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29.France Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.France Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31.Italy Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32.Italy Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Italy Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34.Spain Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35.Spain Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.Spain Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37.RoE Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38.RoE Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.RoE Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40.China Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41.China Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.China Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43.India Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44.India Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.India Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46.Japan Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47.Japan Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.Japan Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49.South Korea Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50.South Korea Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.South Korea Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52.Australia Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53.Australia Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.Australia Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55.RoAPAC Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56.RoAPAC Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.RoAPAC Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58.Brazil Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59.Brazil Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Brazil Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61.Mexico Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62.Mexico Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.Mexico Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64.RoLA Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65.RoLA Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.RoLA Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67.Saudi Arabia Point of Sale Terminal Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68.South Africa Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.RoMEA Point of Sale Terminal Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70.List of secondary sources, used in the study of global Point of Sale Terminal Market
TABLE 71.List of primary sources, used in the study of global Point of Sale Terminal Market
TABLE 72.Years considered for the study
TABLE 73.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Point of Sale Terminal Market, research methodology
FIG 2.Global Point of Sale Terminal Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Point of Sale Terminal Market, key trends 2022
FIG 5.Global Point of Sale Terminal Market, growth prospects 2023-2030
FIG 6.Global Point of Sale Terminal Market, porters 5 force model
FIG 7.Global Point of Sale Terminal Market, pest analysis
FIG 8.Global Point of Sale Terminal Market, value chain analysis
FIG 9.Global Point of Sale Terminal Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Point of Sale Terminal Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Point of Sale Terminal Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Point of Sale Terminal Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Point of Sale Terminal Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Point of Sale Terminal Market, regional snapshot 2020 & 2030
FIG 15.North America Point of Sale Terminal Market 2020 & 2030 (USD Billion)
FIG 16.Europe Point of Sale Terminal Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Point of Sale Terminal Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Point of Sale Terminal Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Point of Sale Terminal Market 2020 & 2030 (USD Billion)