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Point of Sale (POS) Terminals Market, By Type (Fixed POS Terminal and Mobile POS Terminal); By End-use Industry (Retail, Hospitality, Restaurants, Healthcare, Warehouse/Distribution and Others) Market Growth, Future Prospects, Post COVID-19 Scenario 2021 - 2028

 Report Code
 Category
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MNR-1521
Household
06 August 2021
212
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The point of sale (POS) terminals are electronic device used for card payment processing, bills printing, inventory management and executing loyalty programs across different end-use industries such as retail, restaurants, healthcare, hospitals, warehouse, and distribution, among others. The POS terminals helps the users to track and record details of the customer’s orders and other payment related details such as credit and debit cards details and then connect it to the other systems. Apart from this, fixed POS systems developed by prominent companies is a reliable method used in various end use industries, also, investments in research and development for technical innovations such as mobile and cloud based POS terminals can be the prominent factors for increase in its adoption.. These mobile and cloud-based POS terminal has bar code scanner which are extensively used in retail, restaurants and warehouse, thus helping in increasing business efficiency. Moreover, the POS terminal manufacturers and providers have also increased the investment for developing end-to-end encryption and security for securing different payment gateways, to build the trust of customers. With the government initiatives of cashless economy in various countries, adoption of POS terminals is projected to rise further during the forecast period than it is now, thus  increasing the hassle-free payment options, and online payments.

In addition, the rising trends of contactless and cashless payments and growing infiltration of Near Field Communication (NFC) devices in different end-use industries is driving the growth of the POS terminals market. Hence, most of the developed and developing countries are shifting towards cashless transactions for easy, secure and fast payment options. Apart from this, the stores are also supporting the adoption of cashless payments by accepting card payments via POS machines or other digital payment methods for the purchase,  rising use of smartphones and other smart devices has also amplified the demand of mobile POS terminals which is also supporting growth of the market.

Furthermore, the POS terminals are available in different types such as fixed POS terminal and mobile POS terminal, Fixed POS terminals dominate the market owing to its robust business functionality, provides cash drawer, employee time clocks, etc. These terminals are widely used in the different end-use industries such as retail, hospitality, restaurants, healthcare, and warehouse/distribution, among others, whereas, retail industry dominates the market due to rising demand of wireless POS terminals in various retail applications.
 
The payment gateway companies are investing in research and development for designing innovative payment solutions for particular industrial purpose and to increase its profitability. Some of the major players of the point of sale (POS) terminals market are Ingenico Group S.A., NCR Corporation, VeriFone, Inc., PAX Technology, Inc., Elavon Inc., Revel System, Inc., Oracle Corp., ShopKeep, Fujian Newland Payment Technology Co. Ltd. and Squirrel Systems.
 
Global Point of Sale (POS) Terminals Market, By Type
Based on type, point of sale (POS) terminals market is segmented into the following:
  • Fixed POS Terminal
  • Mobile POS Terminal
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Point of Sale (POS) Terminals Value Share, By Type, 2019 & 2028(% Value)

 
In 2020, the fixed POS terminal segment led the overall point of sale (POS) terminals market in terms of market value accounting for over 59% of the global market. The fixed POS terminals are widely used in the large scale enterprises and vendors, apart from this, the procurement cost and installation cost of fixed POS terminals is also high as compared to mobile POS terminals, hence bringing more market share. Moreover, fixed POS terminals are utilized more among the people in order to avoid cloud data storage and instead, use their own on premise servers for the process of data storage. Furthermore, the fixed POS terminals also support various payment devices, are applicable in inventory management solutions, Customer Relationship Management (CRM) and bill printings. Howevers, mobile POS terminals are expected to show higher demand in the forecast period from 2021 to 2028, where it allows various payments from remote locations and also has high portability and accessibility.
 
Global Point of Sale (POS) Terminals Market, By End-use Industry
Based on end-use industry, the point of sale (POS) terminals market is segmented into the following:
  • Retail
  • Hospitality
  • Restaurants
  • Healthcare
  • Warehouse/Distribution
  • Others
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Point of Sale (POS) Terminals Value Share, By End-use Industry, 2019 & 2028(% Value)

 
In 2020, the retail segment led the overall point of sale (POS) terminals market in terms of market value accounting for over 31% of the global market. There has been rise in adoption of various cashless payment methods in retail sector by small retailers too thus,  enhancing the growth of the retail segment. Other than that various chains of retail stores across the world have adopted the mobile POS (mPOS) terminals for their customer’s payment after their shopping, and more and more retailers are predicted to join this method of cashless system, thus, generating high demand of POS terminals in retail industry. Moreover, the POS terminals also provide various features such as inventory management, customer record management, data back-up, discount offers and effective invoice systems, also enhancing the demand of POS in retail sector. In addition, the POS terminals are also used in restaurants, healthcare and warehouses for improving productivity and improving order management.
 
Global Point of Sale (POS) Terminals Market, By Geography
Based on geography, the point of sale (POS) terminals market is segmented into following:
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Point of Sale (POS) Terminals Value Share, By Region, 2019 & 2028(% Value)

 
In 2020, North America accounted for the largest share in the point of sale (POS) terminals market because of the high adoption of IT systems and growing innovative methods of payments across the United States. Apart from this, increasing quick service restaurant chains, hospitality and healthcare institutes  have widely adopted cashless and card payments across  North America, leading to the adoption of POS terminals market. The U.S. has large number of retail outlets such as Home Depot, Wal-Mart, Amazon, Kroger Co, and Target, among others, which require various POS terminals for managing their billing, payments, inventory, and employee duty on daily basis, which also leads to growth in the market. Moreover, Asia Pacific is expected to show significant growth in the POS terminals market during the forecast period due to rising digitization, urbanization and other favorable policies of the governments.

Chapter 1    Preface
        1.1    Report Description
                1.1.1    Aim of the Report
                1.1.2    Report Target Audience
                1.1.3    Report Offering
        1.2    Research Scope
        1.3    Research Methodology
                1.3.1    Phase I – Secondary Research
                1.3.2    Phase II – Primary Research
                1.3.3    Phase III – Expert Panel Review
                1.3.4    Assumptions
                1.3.5    Top-Down and Bottom-Up Approach

Chapter 2    Executive Summary
        2.1    Market Snapshot: Global Point of Sale (POS) Terminals Market
        2.2    Global Point of Sale (POS) Terminals Market, By Type:
        2.3    Global Point of Sale (POS) Terminals Market, By End-use Industry
        2.4    Global Point of Sale (POS) Terminals Market, By Geography

Chapter 3    Market Dynamics
        3.1    Product and Market Insights
                3.1.1    Global Point of Sale (POS) Terminals Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
        3.2    Market Dynamics
                3.2.1    Growth Drivers
                3.2.2    Market Restraints
                3.2.3    Impact Analysis of Drivers and Restraints
                3.2.4    COVID-19 Impact
        3.3    Attractive Investment Proposition
        3.4    Competitive Analysis
                3.4.1    Competitive Landscape in the Point of Sale (POS) Terminals Market

Chapter 4    Global Point of Sale (POS) Terminals Market Analysis, By Type:
        4.1    Overview
        4.2    Fixed POS Terminals
                4.2.1    Global Fixed POS Terminals Market Value, 2018 – 2028, (US$ Mn)
        4.3    Mobile POS Terminals
                4.3.1    Global Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)

Chapter 5    Global Point of Sale (POS) Terminals Market Analysis, By End-use Industry
        5.1    Overview
        5.2    Retail
                5.2.1    Global Point of Sale (POS) Terminals Market Value for Retail, 2018 – 2028, (US$ Mn)
        5.3    Hospitality
                5.3.1    Global Point of Sale (POS) Terminals Market Value for Hospitality, 2018 – 2028, (US$ Mn)
        5.4    Restaurants
                5.4.1    Global Point of Sale (POS) Terminals Market Value for Restaurants, 2018 – 2028, (US$ Mn)
        5.5    Healthcare
                5.5.1    Global Point of Sale (POS) Terminals Market Value for Healthcare, 2018 – 2028, (US$ Mn)
        5.6    Warehouse/Distribution
                5.6.1    Global Point of Sale (POS) Terminals Market Value for Warehouse/Distribution, 2018 – 2028, (US$ Mn)
        5.7    Others
                5.7.1    Global Point of Sale (POS) Terminals Market Value for Others, 2018 – 2028, (US$ Mn)

Chapter 6    North America Point of Sale (POS) Terminals Market Analysis
        6.1    Overview
        6.2    North America Point of Sale (POS) Terminals Market Analysis, By Type:, 2018 – 2028
                6.2.1    Market Analysis
        6.3    North America Point of Sale (POS) Terminals Market Analysis, By End-use Industry, 2018 – 2028
                6.3.1    Market Analysis
        6.4    North America Point of Sale (POS) Terminals Market Analysis, By Country, 2018 – 2028
                6.4.1    Market Analysis
                6.4.2    U.S.
                6.4.3    Canada

Chapter 7    Europe Point of Sale (POS) Terminals Market Analysis
        7.1    Overview
        7.2    Europe Point of Sale (POS) Terminals Market Analysis, By Type:, 2018 – 2028
                7.2.1    Market Analysis
        7.3    Europe Point of Sale (POS) Terminals Market Analysis, By End-use Industry, 2018 – 2028
                7.3.1    Market Analysis
        7.4    Europe Point of Sale (POS) Terminals Market Analysis, By Country, 2018 – 2028
                7.4.1    Market Analysis
                7.4.2    UK
                7.4.3    Germany
                7.4.4    France
                7.4.5    Rest of Europe

Chapter 8    Asia Pacific Point of Sale (POS) Terminals Market Analysis
        8.1    Overview
        8.2    Asia Pacific Point of Sale (POS) Terminals Market Analysis, By Type:, 2018 – 2028
                8.2.1    Market Analysis
        8.3    Asia Pacific Point of Sale (POS) Terminals Market Analysis, By End-use Industry, 2018 – 2028
                8.3.1    Market Analysis
        8.4    Asia Pacific Point of Sale (POS) Terminals Market Analysis, By Country, 2018 – 2028
                8.4.1    Market Analysis
                8.4.2    China
                8.4.3    Japan
                8.4.4    India
                8.4.5    Rest of Asia Pacific

Chapter 9    Latin America Point of Sale (POS) Terminals Market Analysis
        9.1    Overview
        9.2    Latin America Point of Sale (POS) Terminals Market Analysis, By Type:, 2018 – 2028
                9.2.1    Market Analysis
        9.3    Latin America Point of Sale (POS) Terminals Market Analysis, By End-use Industry, 2018 – 2028
                9.3.1    Market Analysis
        9.4    Latin America Point of Sale (POS) Terminals Market Analysis, By Country, 2018 – 2028
                9.4.1    Market Analysis
                9.4.2    Mexico
                9.4.3    Brazil
                9.4.4    Rest of Latin America

Chapter 10    Middle East and Africa (MEA) Point of Sale (POS) Terminals Market Analysis
        10.1    Overview
        10.2    MEA Point of Sale (POS) Terminals Market Analysis, By Type:, 2018 – 2028
                10.2.1    Market Analysis
        10.3    MEA Point of Sale (POS) Terminals Market Analysis, By End-use Industry, 2018 – 2028
                10.3.1    Market Analysis
        10.4    MEA Point of Sale (POS) Terminals Market Analysis, By Country, 2018 – 2028
                10.4.1    Market Analysis
                10.4.2    GCC Countries
                10.4.3    South Africa
                10.4.4    Rest of MEA

Chapter 11    Company Profiles
        11.1    Ingenico Group S.A.
                11.1.1    Ingenico Group S.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.2    NCR Corporation
                11.2.1    NCR Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.3    VeriFone, Inc.
                11.3.1    VeriFone, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.4    PAX Technology, Inc.
                11.4.1    PAX Technology, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.5    Elavon Inc.
                11.5.1    Elavon Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.6    Revel System, Inc.
                11.6.1    Revel System, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.7    Oracle Corp.
                11.7.1    Oracle Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.8    ShopKeep
                11.8.1    ShopKeep: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.9    Squirrel Systems
                11.9.1    Squirrel Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.10    Fujian Newland Payment Technology Co. Ltd.
                11.10.1    Fujian Newland Payment Technology Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)

 

List of Figures



FIG. 1    Global Point of Sale (POS) Terminals Market: Research Methodology
FIG. 2    Top-Down and Bottom Up Approach
FIG. 3    Global Point of Sale (POS) Terminals Market, By Type:, 2020 (US$ Mn)
FIG. 4    Global Point of Sale (POS) Terminals Market, By End-use Industry, 2020 (US$ Mn)
FIG. 5    Global Point of Sale (POS) Terminals Market, By Geography, 2020 (US$ Mn)
FIG. 6    Global Point of Sale (POS) Terminals Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
FIG. 7    Attractive Investment Proposition
FIG. 8    Market Positioning of Key Point of Sale (POS) Terminals Providers, 2020
FIG. 9    Global Point of Sale (POS) Terminals Market Value Share, By Type:, 2020 & 2028 (% Value)
FIG. 10    Global Fixed POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 11    Global Mobile POS Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 12    Global Point of Sale (POS) Terminals Market Value Share, By End-use Industry, 2020 & 2028 (% Value)
FIG. 13    Global Point of Sale (POS) Terminals Market Value for Retail, 2018 – 2028, (US$ Mn)
FIG. 14    Global Point of Sale (POS) Terminals Market Value for Hospitality, 2018 – 2028, (US$ Mn)
FIG. 15    Global Point of Sale (POS) Terminals Market Value for Restaurants, 2018 – 2028, (US$ Mn)
FIG. 16    Global Point of Sale (POS) Terminals Market Value for Healthcare, 2018 – 2028, (US$ Mn)
FIG. 17    Global Point of Sale (POS) Terminals Market Value for Warehouse/Distribution, 2018 – 2028, (US$ Mn)
FIG. 18    Global Point of Sale (POS) Terminals Market Value for Others, 2018 – 2028, (US$ Mn)
FIG. 19    U.S. Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 20    Canada Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 21    UK Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 22    Germany Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 23    France Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 24    Rest of Europe Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 25    China Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 26    Japan Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 27    India Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 28    Rest of Asia Pacific Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 29    Mexico Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 30    Brazil Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 31    Rest of Latin America Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 32    GCC Countries Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 33    South Africa Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)
FIG. 34    Rest of MEA Point of Sale (POS) Terminals Market Value, 2018 – 2028, (US$ Mn)

 

List of Tables



TABLE 1        Market Snapshot: Global Point of Sale (POS) Terminals Market
TABLE 2        Impact Pointers
TABLE 3        Impact Analysis of Drivers and Restraints
TABLE 4        North America Point of Sale (POS) Terminals Market Value, By Type:, 2018 – 2028
TABLE 5        North America Point of Sale (POS) Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 6        North America Point of Sale (POS) Terminals Market Value, By Country, 2018 – 2028
TABLE 7        Europe Point of Sale (POS) Terminals Market Value, By Type:, 2018 – 2028
TABLE 8        Europe Point of Sale (POS) Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 9        Europe Point of Sale (POS) Terminals Market Value, By Country, 2018 – 2028
TABLE 10    Asia Pacific Point of Sale (POS) Terminals Market Value, By Type:, 2018 – 2028
TABLE 11    Asia Pacific Point of Sale (POS) Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 12    Asia Pacific Point of Sale (POS) Terminals Market Value, By Country, 2018 – 2028
TABLE 13    Latin America Point of Sale (POS) Terminals Market Value, By Type:, 2018 – 2028
TABLE 14    Latin America Point of Sale (POS) Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 15    Latin America Point of Sale (POS) Terminals Market Value, By Country, 2018 – 2028
TABLE 16    MEA Point of Sale (POS) Terminals Market Value, By Type:, 2018 – 2028
TABLE 17    MEA Point of Sale (POS) Terminals Market Value, By End-use Industry, 2018 – 2028
TABLE 18    MEA Point of Sale (POS) Terminals Market Value, By Country, 2018 – 2028
TABLE 19    Ingenico Group S.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 20    NCR Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 21    VeriFone, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 22    PAX Technology, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 23    Elavon Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 24    Revel System, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 25    Oracle Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 26    ShopKeep: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 27    Squirrel Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 28    Fujian Newland Payment Technology Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)



 

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