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Market Research Report

Global POS Printer Market 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 351688
Published Content info 114 Pages
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Global POS Printer Market 2019-2023
Published: February 22, 2019 Content info: 114 Pages
Description

About this market

The growth of the global POS printer market is driven by the increased adoption of mPOS printers. These printers offer the advantage of portability along with a compact design and low cost. The market is witnessing significant growth owing to the availability of cloud-based and wireless mPOS printers. mPOS printers are increasingly being deployed in restaurants, food trucks, and pop-up stores. The availability of a wide range of portable mPOS printers has given rise to growth opportunities in terms of new applications such as in the travel industry and food ordering services in stadiums. mPOS printers can connect via Bluetooth and the cloud. This has made it easy for users to operate these devices through mobile computing devices such as tablets and smartphones. The ease of connecting with any device or platform has driven users to adopt mPOS printers. These developments have led to the growing adoption of mPOS printers by small retail stores that do not want to invest in a complete POS terminal setup. Technavio's analysts have predicted that the POS printer market will register a CAGR of close to 7% by 2023.

Market Overview

Increasing focus on maximizing product value offerings

The products offered in the global POS printer market are undifferentiated. Thus, market vendors have increased their focus on maximizing product value offerings to expand their customer base and remain competitive in the market. Vendors are also frequently upgrading their product offerings to stay ahead of their competitors. Adding value to products and frequently upgrading products helps vendors acquire new buyers and encourage old buyers to upgrade their existing products.

Increasing adoption of self-service kiosks

Self-service kiosks are automated, custom-configured computer systems through which customers can create invoices and execute monetary transactions without the need for human interaction or a POS terminal. These kiosks have integrated printing systems. Thus, the growing adoption of these systems will adversely affect the demand for POS printers.

For the detailed list of factors that will drive and challenge the growth of the POS printer market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Table of Contents
Product Code: IRTNTR30920

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1. Preface
  • 2.2. Preface
  • 2.3. Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Thermal POS printer - Market size and forecast 2018-2023
  • Impact POS printer - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing investments in physical retail stores
  • Increasing partnerships with market participants
  • Rising adoption of POS printers in emerging applications

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bixolon Co.,Ltd.
  • HP Development Company, L.P.
  • NCR
  • Seiko Epson Corporation
  • STAR MICRONICS CO., LTD.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

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