Point-of-Sale Terminals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Transparency Market

Research

Point-of-Sale (POS) Terminals Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020

Published Date

2014-09-23

99 Page Report

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Point-of-Sale (POS) Terminals Market Expected to Reach USD

79.69 Billion by 2020 Globally : Transparency Market Research

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Point-of-Sale (POS) Terminals

Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research “Point-of-Sale (POS)

Terminals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, the

global POS terminals market , in terms of revenue, was valued at USD 36.86 billion in 2013 and is

estimated to grow at a CAGR of 11.6% during the forecast period from 2014 to 2020. The growing adoption

of mobile POS in retail and hospitality sector emerged as the most significant growth driver for POS

terminals market. In 2013, North America was the largest market for POS terminals which held a share of

around 32% in terms of revenue owing to the significant demand for POS terminals from a the retail and

hospitality sectors in the region and early implementation of technology.

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Market

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Fixed POS terminals was the largest segment in terms of revenue in 2013 and accounted for around 81%

share of the total market majorly owing to the early adoption of technology. Adoption of wireless and

mobile POS has increased significantly in recent years owing to the ease of use, mobility and lower total

cost of ownership as compared to traditional POS terminals. Mobile POS terminals find significant demand

from the small and medium sized businesses owing to their...