PUBLISHER: SkyQuest | PRODUCT CODE: 1321786
PUBLISHER: SkyQuest | PRODUCT CODE: 1321786
Global Point-Of-Sales Market Size, Share, Growth Analysis, By Type(Fixed POS, Mobile POS), By Component(Hardware, Software), By End-User(Restaurants, Retail) - Industry Forecast 2023-2030
Point-Of-Sales Market size was valued at USD 87.18 billion in 2021 and is poised to grow from USD 94.4 billion in 2022 to USD 181.5 billion by 2030, growing at a CAGR of 8.3% in the forecast period (2023-2030).
As customers often opt to purchase high-profit items or services at these strategic destinations, marketers place significant emphasis on points of sale (POSs). Traditionally, retailers position POSs near the exits to enhance the likelihood of impulse purchases upon customers' departure. Nevertheless, alternative POS placements can offer retailers additional opportunities to micro-market specific product categories and influence customers at earlier stages of the sales funnel.
Segments covered in this report:
The Point-Of-Sales (POS) Market is categorized into different segments, including type, component, end-user, and region. In terms of type, the market is segmented into fixed POS and mobile POS. The component segment consists of hardware, software, and services. The end-user segment comprises restaurants, retail, entertainment, and other industries. Geographically, the POS Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Driver
The crucial catalysts of digital transformation include data, connectivity, and the growing prominence of digitalization. Industries leverage digitalization to develop innovative products and services that enhance customer satisfaction. These services enable customers to conveniently make digital and contactless payments for a wide range of transactions. The demand for such systems has witnessed a significant surge due to the widespread adoption of electronic payment methods. These systems offer adaptability, security, accurate financial management, and a reduction in billing errors caused by human intervention. Moreover, the global prevalence of mobile devices has led to a substantial rise in cashless transactions on a global scale.
Restraint
Point-of-Sale (PoS) systems are valuable tools for many stores and companies. However, end users must remain vigilant against potential hazards, such as device malfunctions, phishing attempts, and vulnerabilities in software and networks. Networks that lack proper security measures are particularly vulnerable to data breaches. Cybercriminals can exploit these weaknesses to breach the infrastructure and gain unauthorized access to critical information and documents, including customers' credit card details and business account data. Such data breaches can lead to significant financial losses and damage to the company's reputation. It is important to note that even in a securely protected network, devices themselves must also be adequately secured. Failing to address security gaps may impede the expansion of market opportunities due to the risks associated with data breaches.
Market Trend
The adoption of cloud-based and AI-driven Point of Sale (PoS) solutions is on the rise, leading to market growth. Industrialized nations such as the United Kingdom, the United States, France, Italy, and others are witnessing an increasing prevalence of AI-powered systems in the PoS industry. To remain competitive, many leading companies in the field are developing PoS systems and software that leverage cloud computing and AI technologies.
Table of Contents
- Executive Summary
- Market Overview
- Wheel of Fortune
- Research Methodology
- Information Procurement
- Secondary & Primary Data Sources
- Market Size Estimation
- Market Assumptions & Limitations
- Parent Market Analysis
- Market Overview
- Market Size
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
- Key Market Insights
- Technology Analysis
- Pricing Analysis
- Supply Chain Analysis
- Value Chain Analysis
- Ecosystem of the Market
- IP Analysis
- Trade Analysis
- Startup Analysis
- Raw Material Analysis
- Innovation Matrix
- Pipeline Product Analysis
- Macroeconomic Indicators
- Top Investment Analysis
- Key Success Factor
- Degree of Competition
- Market Dynamics & Outlook
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
- Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
- Global Point-Of-Sales Market by Type
- Market Overview
- Fixed POS
- Mobile POS
- Global Point-Of-Sales Market by Component
- Market Overview
- Hardware
- Software
- Services
- Global Point-Of-Sales Market by End-User
- Market Overview
- Restaurants
- Retail
- Entertainment
- Others
- Global Point-Of-Sales Market Size by Region
- Market Overview
- North America
- USA
- Canada
- Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA
- Competitive Landscape
- Top 5 Player Comparison
- Market Positioning of Key Players, 2021
- Strategies Adopted by Key Market Players
- Top Winning Strategies
- By Development
- By Company
- By Year
- Recent Activities in the Market
- Key Companies Market Share (%), 2021
- Key Company Profiles
- Ingenico Group
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Verifone Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Toshiba Global Commerce Solutions
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- NCR Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- PAX Global Technology
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Square Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Micros Systems
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Panasonic Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- NEC Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Hewlett-Packard Development Company, L.P.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Cisco Systems Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Dell Technologies Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Epson America Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Intuit Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Shopify Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Oracle Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Fujitsu Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Samsung Electronics Co. Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- IBM Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Posiflex Technology Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
