Industry Insights
The point of sales market has observed significant development in
past few years due to easiness of using and enhanced profits on
investments that are given through systems. The advanced point of Sale
terminals provide reliability and high durability as compared to what
conventional system like cash registers delivers; it has its outcome in
important manner by decreasing price in ownership, by this means point
of sales system market demand is growing in medium as well as small
extent business.
The innovation and launch of personal identification number and
chip-embedded payment cards has witnessed high growth in the market.
Electronic Funds Transfer terminals are able to sense both magnetic
stripe payment cards and smart cards. Rising requirement for smartphone
terminals is anticipated to lead the growth in the market.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/point-of-sale-terminals/
Necessity of complex and extensive list of government oriented
certifications and regulations are anticipated to restrict growth of the
market. Apple Pay that was invented and launched in October 2014, has
capability to substitute conventional point of sale over the forecast
period. PayPal, which is associated with iPad POS can obtain benefit of
retailers whose shopfront have been iBeaconized. Top solution providers
have emphasized on the incorporation of point of sale terminals with
abilities such as pricing, inventory, security, digital signature, to
increase their existence in the point of sales system market.
Product Insights
mPOS systems are anticipated to substitute the existing transaction
and payment techniques due to their enhanced functions such as better
user experience and mobility. They permit services and sales companies
to carry out economical dealings distantly for betterment of client
experience. Mobile point of sales system primary costs very less as
compared to their usual counterparts and so they have rising demand from
small and medium scale business. Hospitality and retail sector have
witnessed rise in demand for mPOS solutions, driven by increasing
requirement for client analytics functions and maximum return on
investments of customer.
Increasing access of mobile handsets is anticipated to increase
requirement for Near Field Communication Point of sales system, which
are mainly utilized in the transportation segment for ticket dealing.
Mobile/Wireless point of sales system utilizes technology such as CDMA,
Wi-Fi, 802.11 and GPRS for giving major decreasing cost per deal in
regional segment of high telecommunication. Affordable wireless
communication technologies are the factor contributing to mobile phones
POS system market growth.
Request A Sample copy of This Report @ http://www.hexaresearch.com/sample/215
Component Insights
The POS software market has observed stable increment in market due
to bigger demand from hospitality and retailers businesses. Point of
sales software has been gradually more accepted by wholesalers to allow
the acquisition of the right product in the right price and place when
the customer demands it, and to build improved forecasts, improving
warehouse efficiency.
Application Insights
Point of sales systems have huge range of applications in various
sectors such as healthcare, entertainment, retail, warehousing, comprise
bill payment and printing, loyalty programs, inventory management. The
point of sales terminals market is segmented on the basis of vertical,
establishing the requirement for resellers to know the exclusive
differentiation within each fragment. Conventional small and medium
business retail is anticipated to be the main market segment over the
upcoming time, followed by hospitality and dining. Healthcare is also
anticipated to be a major application fragment due to the enlarged
utilization in patient data tracking services and payments.
Regional Insights
Traditionally big market in the Western Europe and U.S. have
witnessed market diffusion. Asia Pacific is anticipated to show huge
expansion because of developed small and medium business and decrease in
TCO. The China and India market are anticipated to increase over the
forecast period. The existence of a big base of computer engineers in
India is anticipated to constructively impact the software market sector
over the upcoming time.
Competitive Insights
Major players in point of sales market include Hewlett-Packard, Cisco
Systems, MICROS Systems, Ingenico S.A.Inc, Panasonic Corporation, NEC
Corporation, Samsung Electronics Co, PAX Technology Limited, Ltd.,
VeriFone Systems Inc and Toshiba Corporation. The Point of sale system
market is consolidated due to better acquisitions and mergers being
carried out, for example Ingenico’s and Verifone’s acquisition of the
POS terminals business.
Browse Full Report @ http://www.hexaresearch.com/research-report/point-of-sale-terminals/
About Us:
Hexa Research is a market research and consulting organization,
offering industry reports, custom research and consulting services to a
host of key industries across the globe. We offer comprehensive business
intelligence in the form of industry reports which help our clients
obtain clarity about their business environment and enable them to
undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Website - http://www.hexaresearch.com/
No comments:
Post a Comment