Jun 14, 2018
According to Stratistics MRC, the Global Wireless Pos Terminal market is accounted for $6.23 billion in 2017 and is expected to reach $20.45 billion by 2026 growing at a CAGR of 14.1% during the forecast period.
Gaithersburg, MD, US - June 14, 2018 /MarketersMedia/ —
Growing use of Europay, Mastercard, and Visa (EMV) Cards, rise in cashless transactions in different countries and growing e-commerce transactions are some factors impacting the market growth. However, Security issues related to wireless technology and high maintenance cost of wireless POS systems are hindering the growth of the market.
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A point of sale terminal (POS) is digital device executed to operate at through card payments at different terminals. It consists of a computer, monitor, cash drawer, receipt printer, barcode scanner, POS software and weight scale. It is used by dealers to manage information associated to their inventory, customers and cash flows. In addition, it improves the shopping experience for consumers by reducing the processing time for payments.
Amongst type, Portable Countertop & PIN Pad segment is likely to grow at a maximum CAGR during the forecast period, due to they are compact, simple for both merchants as well as customers and easy to install. Portable Countertop is used in small enterprises and local business with in store purchases.
By geography, North America is anticipated to dominate the largest market share due to due to the significant use of wireless POS terminals across numerous industries such as retail, hospitality and entertainment industries.
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Some of the key players in Global wireless POS terminal market include BBPOS, BITEL Co Ltd, Castles Technology, Cegid Group, CITIXSYS AMERICAS, Diebold Nixdorf, Elavon, First Data, Ingenico, iZettle technology company, NCR Corporation, Newland Payment Technology, PAX Global Technology, Revel Systems, Inc., Shopkeep, Squirrel Systems, TouchBistro Inc. Vend and Winpos Group.
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Types Covered:
• Smart POS
• Wireless and Mobile POS Terminal
• Fixed POS Terminals
• Portable Countertop & PIN Pad
• Other Types
Components Covered:
• Software Solutions
• Hardware
Services Covered:
• Transaction Management Services
• Merchant Services
• Installation Services
• Other Services
End-Users Covered:
• Sports & Entertainment
• Transportation
• Retail
• Hospitality
• Healthcare
• Restaurant
• Warehouse / Distribution
• Other End-Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
Name: James Lamb
Email: info@strategymrc.com
Organization: Stratistics Market Research Consulting Pvt Ltd
For more information, please visit http://www.strategymrc.com
Source: MarketersMedia
Release ID: 360025
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