Research and Markets: United States POS Terminals Market 2015-2019 with Equinox Payments, First Data, Ingenico & VeriFone Dominating

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/wwkh89/pos_terminals) has announced the addition of the "POS Terminals Market in the US 2015-2019" report to their offering.

The report forecasts the POS terminals market in the US to grow at a CAGR of 9.1% over the period 2014-2019.

This report covers the present scenario and the growth prospects of the POS terminals market in the US for the period 2014-2019. To calculate the market size, the report includes the revenue generated from the sales of fixed line and wireless POS terminals in the US. However, the report does not consider the following to estimate the market size: mPOS or any communication device that is being used as a POS terminal itself, sales of components used for the production of fixed line or wireless POS terminals, and aftermarket sales of fixed line or wireless POS terminals. The report also covers the landscape of the POS terminals market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Being vulnerable to cyber threats, the US has led vendors in the market to incorporate advanced security standards in their POS terminals. Hence, vendors are incorporating several security technologies including signature capturing devices and biometric sensors into POS terminals to ensure secure payment transactions. EMV adoption is also another major factor for secure transactions. Furthermore, POS terminals are being incorporated with additional features like touchscreens, RFID, and barcode scanners to enhance user experience.

According to the report, worldwide, customers are increasingly adopting EMV, which is the global standard for card authentication and processing. Financial institutions in every country have a deadline by which all payment cards should become EMV compliant. For instance, in the US, by October 2015, merchants and issuers should adopt EMV technology to avoid fraud liability. EMV penetration is very low in the US, but is likely to rise drastically during the forecast period due to the EMV liability shift. With the increase in EMV cards, there is an increased demand for POS terminals that are EMV compliant.

Further, the report states that the significantly growing usage of smartphones and their utility is a concern for POS terminal manufacturers and will affect the market during the forecast period.

Key vendors:

  • Equinox Payments
  • First Data
  • Ingenico
  • VeriFone

Other prominent vendors:

  • CyberNet
  • Pax Technology
  • NCR
  • UIC

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Industry overview

Part 06: Country overview: US

Part 07: Market landscape

Part 08: Impact of drivers

Part 09: Impact of drivers and challenges

Part 10: Vendor landscape

Part 11: Key vendor analysis

Part 12: Appendix

For more information visit http://www.researchandmarkets.com/research/wwkh89/pos_terminals

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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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
Sector: Computing and Technology

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
Sector: Computing and Technology