DUBLIN--(BUSINESS WIRE)--The "Wireless POS Terminal Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Global wireless POS terminal market is projected to witness a CAGR of 8.85% during the forecast period to reach a total market size of US$3.336 billion by 2023, increasing from US$2.006 billion in 2017. In terms of volume, the total shipment of wireless POS terminal will reach 26.367 million in 2023. A point-of-sale terminal is situated across various retail outlets in order to facilitate easy and faster check out. It is a device which is used to process card payments at various retail locations. This terminal allows the outlets to accept card payments without the need to update their cash registers.
The phenomenon of cashless transactions is increasing because using electronic money saves time and significant production costs, as well as the incidence of cash crimes, take place less. Moreover, it spurs the economic growth of a nation. Hence, increasing instances of cashless transactions is one of the key drivers in the growth of the global market of wireless POS terminal. Other factors which impact the market growth include expansion of e-commerce industry, increased penetration of wireless mode of payment and escalating use of Europay, Mastercard, and Visa cards or EMV cards.
- Diebold Nixdorf Incorporated
- First Data Corporation
- Castles Technology
- Ingenico Group
- BBPOS Limited
- PAX Global Technology
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Wireless POS Terminal Market By Type
6. Global Wireless POS Terminal Market By End-User Industry
7. Global Wireless POS Terminal Market By Geography
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/2vgcs7/wireless_pos?w=4