About POS terminals POS terminals are a combination of hardware and software, which allows users to accept card payments directly without updating the cash registers. The cost of installing a terminal vary with the size of the business unit and selling terms with the channel partners and suppliers. A POS terminal is an electronic device and performs the following functions: • Reads the information of a customer’s credit/debit card • Checks the funds status in a customer’s bank account • Transfers the funds from customer’s account to the seller’s account • Records the transaction • Print the receipt of the transaction POS terminals are now combined with union pay, which had resulted in increased market growth and shipment in 2014. This can be attributed to growing payment services and usage of debit/credit cards for transactions. Technavio's analysts forecast the global POS terminals market in the retail sector to grow at a CAGR of 13.37% in terms of revenue during 2014-2019. Covered in this report This report covers the present scenario and the growth prospects of... Research Beam Model: Research Beam Product ID: 332545 2500 USD New
Global POS Terminals Market in the Retail Sector 2015-2019

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Global POS Terminals Market in the Retail Sector 2015-2019

 
  • Category : ICT & Media
  • Published On : September  2015
  • Pages : 56
 
 
About POS terminals
POS terminals are a combination of hardware and software, which allows users to accept card payments directly without updating the cash registers. The cost of installing a terminal vary with the size of the business unit and selling terms with the channel partners and suppliers. A POS terminal is an electronic device and performs the following functions:
• Reads the information of a customer’s credit/debit card
• Checks the funds status in a customer’s bank account
• Transfers the funds from customer’s account to the seller’s account
• Records the transaction
• Print the receipt of the transaction

POS terminals are now combined with union pay, which had resulted in increased market growth and shipment in 2014. This can be attributed to growing payment services and usage of debit/credit cards for transactions.

Technavio's analysts forecast the global POS terminals market in the retail sector to grow at a CAGR of 13.37% in terms of revenue during 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global POS terminals market in the retail sector for 2015-2019. The report considers the revenue generated from the shipments of POS terminals in the retail sector, including fixed POS terminals and wireless POS terminals. The report does not consider the revenue generated from the following:
• Mobile computing devices such as smartphones and tablets used as POS terminals by merchants
• Service and maintenance of POS terminals
• Re-selling
• Sales of used POS terminals

Retailers/merchants include the following types of stores that integrate POS terminals for various purposes:
• Superstore
• Hyper store
• Hypermarket
• Gas stations
• Grocery stores
• Others

Technavio's report, Global POS Terminals Market in the Retail Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Ingenico
• PAX Technology
• Toshiba Tec
• VeriFone

Other prominent vendors
• NEC
• Panasonic

Key market driver
• Increased demand for wireless POS terminals
• For a full, detailed list, view our report

Key market challenge
• Growth of mobile payment market
• For a full, detailed list, view our report

Key market trend
• Growing market for rigid and flexible display
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART01: Executive summary
Highlights

PART02: Scope of the report
Market overview
Top-vendor offerings

PART03: Market research methodology
Research methodology
Economic indicators

PART04: Introduction
Key market highlights

PART05: Industry overview
Significance of POS in retail sector
Transactions in retail sector
POS terminals in retail market: Topology
Supply chain
Ecosystem

PART06: Global POS terminals market

PART07: Market landscape
Market size and forecast
Five forces analysis

PART08: Market segmentation by application
Market segmentation and forecast

PART09: Geographical segmentation
Global POS terminals market segmentation in retail sector by geography29

PART10: Key leading countries
US
China

PART11: Impact of drivers and challenges

PART12: Vendor landscape
Competitive scenario
Other prominent vendors

PART13: Key vendor analysis
Ingenico Group
PAX Global Technology
Toshiba
Verifone

PART14: Appendix
List of abbreviations

PART15: Explore Technavio

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Large format retailers
Exhibit 03: Market topology
Exhibit 04: Value chain
Exhibit 05: POS terminal transaction process
Exhibit 06: POS terminal ecosystem
Exhibit 07: Global POS terminals market
Exhibit 08: Global POS terminals market by application 2014
Exhibit 09: Global POS terminals market in retail sector 2014-2019 (millions of units)
Exhibit 10: Five forces analysis
Exhibit 11: Global POS terminals market segmentation in retail sector by application 2014-2019
Exhibit 12: Global POS terminals market segmentation in retail sector by application 2014-2019 (millions of units)
Exhibit 13: Global POS terminals market segmentation in retail sector by geography 2014-2019
Exhibit 14: Global POS terminals market segmentation in retail sector by geography 2014-2019 (millions of units)
Exhibit 15: Impact of drivers and challenges