DUBLIN--(BUSINESS WIRE)--The "Australia POS Market By Product Type (Fixed, Portable and mPOS), By Deployment (Cloud and On-Premise), By Industry (Retail, Travel & Hospitality, Media & Entertainment, Healthcare, Education and Others), Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The Australian POS market is anticipated to grow at a CAGR of 10.25% during the forecast period on account of technological advancements, affordable internet connectivity and increasing penetration of smartphones.
Point of sale (POS) terminals are used for handling payments and checkouts. Modern POS terminals integrate multiple systems into a single terminal to manage operations such as printing, card payments, billing and cash collection. Moreover, need for user-friendly, secure and convenient payment options is further bolstering the growth of the Australian POS terminal market.
A large number of debit and credit card transactions is pushing the demand for POS terminals among retailers and other end-users across the country. Additionally, factors like low cost of the point of sale devices and easy deployment backed by the increasing inclination towards cashless economy are anticipated to positively influence the Australian POS market through 2024.
The Australian POS market can be segmented based on product type, deployment, industry and regional analysis. On the basis of product type, the market can be segmented into fixed and mPOS. Fixed POS device segment dominated the market in 2018 and the segment is poised to grow at an impressive rate during forecast period as well on account of early introduction in the market. Based on the deployment, the market can be bifurcated into cloud and on-premise, of which the former is anticipated to grow at a significant rate during the forecast period on account of multiple functionality and flexible pricing.
Major players operating in the Australian POS market include Ingenico International (Pacific) Pty Limited, VeriFone Australia (HAPL) Pty. Ltd., Pax Technology Australia, Toshiba TEC Australia Pty., Ltd., Cisco Systems Australia Pty Ltd, NEC Australia Pty Ltd, NCR Australia Pty Ltd, Diebold Nixdorf Australia Pty Limited, Panasonic Australia Pty Ltd, Samsung Electronics Australia Pty Ltd, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years Considered for this Report
- Historical Years: 2014-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2020-2024
Objective of the Study
- To analyze and forecast the market size of the Australian POS market.
- To classify and forecast the Australian POS market based on product type, deployment, industry and regional distribution.
- To identify drivers and challenges for the Australian POS market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Australian POS market.
- To conduct pricing analysis for the Australian POS market.
- To identify and analyze the profile of leading players operating in the Australian POS market.
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
5. Australia POS Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product Type (Fixed and mPOS)
5.2.2. By Deployment (Cloud and On-Premise)
5.2.3. By Industry (Retail, Travel & Hospitality, Media & Entertainment, Healthcare, Education and Others)
5.2.4. By Region (Australia Capital Territory & New South Wales, Victoria & Tasmania, Western Australia, Queensland, Northern Territory & Southern Australia)
5.2.5. By Company
5.3. Competition Outlook
6. Australia Fixed POS Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Deployment (Cloud and On-Premise)
6.2.2. By Industry (Retail, Travel & Hospitality, Media & Entertainment, Healthcare, Education and Others)
7. Australia Mobile POS Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Deployment (Cloud and On-Premise)
7.2.2. By Industry (Retail, Travel & Hospitality, Media & Entertainment, Healthcare, Education and Others)
8. Market Dynamics
9. Market Trends & Developments
10. SWOT Analysis
11. Policy & Regulatory Landscape
12. Australia Economic Profile
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Ingenico International (Pacific) Pty. Ltd.
13.2.2. VeriFone Australia (HAPL) Pty. Ltd.
13.2.3. Pax Technology Australia
13.2.4. Toshiba TEC Australia Pty. Ltd.
13.2.5. Cisco Systems Australia Pty. Ltd.
13.2.6. NEC Australia Pty Ltd.
13.2.7. NCR Australia Pty Ltd.
13.2.8. Diebold Nixdorf Australia Pty. Ltd.
13.2.9. Panasonic Australia Pty. Ltd.
13.2.10. Samsung Electronics Australia Pty. Ltd.
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