Submitted by: Submitted by hexaresrch
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Words: 1122
Pages: 5
Category: Business and Industry
Date Submitted: 10/01/2015 12:23 AM
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Point-of-Sale (POS) Terminals Market Analysis, Market
Size, Share, Regional Outlook, Growth Trends, Competitive
Scenario And Segment Forecasts, 2015 To 2022
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-saleterminals/
Hexa Research Inc.
Industry Research,Custom Research & Consulting
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...