Wireless POS Terminals Market – Technavio Publishes Global Industry Analysis Report

Ingenico, PAX Global Technology, and SZZT are three key vendors highlighted in a new Technavio report

LONDON--()--Technavio has published a new report on the global wireless point of sale (POS) terminals market, which is expected to grow at a CAGR of nearly 14% from 2015-2019.

Wireless POS terminals market segmentation by geography

Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different geographies, including the Americas, the APAC, and the EMEA region.

The new report by Technavio also emphasizes the shift toward cloud-based solutions during the forecast period. Several large retailers and SMBs are likely to migrate to the SaaS (software as a service)-based platforms in the cloud from the back-end processes.

“Cloud-based solutions require less IT resources, and thus reduce the cost and complexities associated with POS terminals. Therefore, the increased use of cloud computing technology in POS processing will boost the usage of wireless POS among merchants and acquirer and drive market growth in the forecast period,” says Faisal Ghaus, Vice President of Technavio.

Wireless POS terminals: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the global wireless POS terminals market from 2015-2019. To calculate the market size, we consider the total shipments of wireless POS terminals across all applications.

Industry analysis includes:

  • Key Vendors:
    • Ingenico
    • PAX Global Technology
    • SZZT
    • VeriFone Systems
  • Market Growth Drivers:
    • Increased adoption of EMV cards
    • Need for effective information management
  • Market Challenges:
    • Slow adoption rate
    • Growth of mobile payment market
  • Market Trends:
    • Growing need for improved security standards
    • Shift to cloud-based solutions

View the global wireless point of sale (POS) terminals market report.

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Contacts

Technavio Research
Jesse Maida
US: +1-630-333-9501
UK: +44-208-123-1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

Technavio has published a new report on the global wireless point of sale (POS) terminals market, which is expected to grow at a CAGR of nearly 14% from 2015-2019.

Contacts

Technavio Research
Jesse Maida
US: +1-630-333-9501
UK: +44-208-123-1770
Media & Marketing Executive
www.technavio.com
media@technavio.com