Global Point of Sale (POS) Terminal Market Size, Trends & Forecasts 2017-2021: Key Players are Ingenico Group, Verifone Systems, Toshiba Tec and PAX Global Technology - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Point of Sale (POS) Terminal Market: Size, Trends & Forecasts (2017-2021)" report to their offering.

The analysis includes the market by value, volume and by segmentation.

The report also includes a detailed regional analysis of the POS market in regions such as Asia Pacific, Europe, Latin America, Middle East and Africa and US/ Canada. Under competitive landscape, different players in the POS market have been compared on the basis of revenue and market capitalization.

Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global POS market has also been forecasted for the years 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global POS market is expected to increase at a healthy rate during the forecast period (2017-2021). The global POS market is supported by various growth drivers, such as rising e- commerce sales, increasing shipments of NFC enabled handsets, upsurge in number of hotels, resorts and spas, boom in number of smartphone users and increased use of mobile POS by small and medium enterprises. However, non compliance to PCI and data security risk are some of the challenges faced by the market. Growing use of cloud based POS, android POS hardware and increasing use of mobile wallets by consumers are some of the latest trends in the global POS market.

Ingenico Group, Verifone Systems Inc., Toshiba Tec Corporation and PAX Global Technology Limited are some of the key players operating in the global POS market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Market Dynamics

Growth Drivers

  • Rising E-commerce Sales
  • Increasing Shipments of NFC Enabled Handsets
  • Increase in Number of Hotel Rooms, Resorts, Spas
  • Increasing Number of Smartphones Users
  • Increased Use Mobile POS by SMEs

Challenges

  • Non Compliance to PCI
  • Data Security Risk

Market Trends

  • Increasing Cloud Computing- Growing Use of Cloud based POS
  • Android POS Hardware
  • Increasing Use of Mobile Wallets by Consumers
  • Rising Credit and Debit Card Payments
  • Omni Channel POS

Companies Mentioned

  • Ingenico Group
  • PAX Global Technology Limited
  • Toshiba Tec Corporation
  • Verifone Systems Inc.

For more information about this report visit http://www.researchandmarkets.com/research/wh4nd5/global_point_of

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Point of Sale Equipment

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Point of Sale Equipment