Point Of Sale (POS) System Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Component (Hardware, Software, Services), By Type (Wired, Wireless), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061612258 Pages: 127

The Point of Sale (POS) System market is projected to grow at a CAGR of 9.14% to reach US$26.452 billion by 2024, from US$15.651 billion in 2018. Point of Sale systems The demand for POS systems will grow on account of the rising use of digital payment methods due to the ease of use and additional security that it provides. In addition to this, the rapid urbanization in developing economies will further boost the demand for these solutions in the next five years.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the POS system value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients gain a faster and efficient understanding of the POS system market.

Major industry players profiled as part of the report are Ingenico Group, Verifone, PAX Technology Limited, Newland Payment Technology, and Micros Retail Systems, Inc., among others.

Point of Sale (POS) System Market Scope:

Report Metric Details
 Market size value in 2018  US$15.651 billion
 Market size value in 2024  US$26.452 billion
 Growth Rate  CAGR of 9.14% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Component, Type, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Ingenico Group, Verifone, PAX Technology Limited, Newland Payment Technology,   Micros Retail Systems, Inc., NEC Corporation, Bitel Co., Ltd., Samsung, Hewlett-   Packard Inc., Toshiba Corporation
 Customization scope  Free report customization with purchase

Segmentation

The POS system market has been analyzed through the following segments:

By Component
Hardware
Software
Services

By Type
Wired
Wireless

By Geography
North America
USA
Canada
Mexico
Others

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others


Frequently Asked Questions (FAQs)

Q1. What will be the point of sale (POS) system market size by 2024?
A1. The point of sale (POS) system market is projected to reach a total market size of US$26.452 billion by 2024.
 
Q2. What is the size of global point of sale system market?
A2. Point of Sale (POS) System market was valued at US$15.651 billion in 2018. 
 
Q3. What are the growth prospects for point of sale (POS) system market?
A3. The global point of sale system market is projected to grow at a CAGR of 9.14% over the forecast period.
 
Q4. What factors are anticipated to drive the POS system market growth?
A4. The demand for POS systems will grow on account of the rising use of digital payment methods due to the ease of use and additional security that it provides.
 
Q5. Who are the major players in the point of sale (POS) system market?
A5. Major industry players profiled as part of the POS system market report are Ingenico Group, Verifone, PAX Technology Limited, Newland Payment Technology, and Micros Retail Systems, Inc., among others.

1. INTRODUCTION
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE

2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES

3. KEY FINDINGS

4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCES ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS

5. POINT OF SALE (POS) SYSTEM MARKET BY COMPONENT
5.1. HARDWARE
5.2. SOFTWARE
5.3. SERVICES

6. POINT OF SALE (POS) SYSTEM MARKET BY TYPE
6.1. WIRED
6.2. WIRELESS

7. POINT OF SALE (POS) SYSTEM MARKET BY GEOGRAPHY
7.1. NORTH AMERICA
7.1.1. USA
7.1.2. CANADA
7.1.3. MEXICO
7.1.4. OTHERS
7.2. SOUTH AMERICA
7.2.1. BRAZIL
7.2.2. ARGENTINA
7.2.3. OTHERS
7.3. EUROPE
7.3.1. GERMANY
7.3.2. FRANCE
7.3.3. UNITED KINGDOM
7.3.4. SPAIN
7.3.5. OTHERS
7.4. MIDDLE EAST AND AFRICA
7.4.1. SAUDI ARABIA
7.4.2. ISRAEL
7.4.3. OTHERS
7.5. ASIA PACIFIC
7.5.1. CHINA
7.5.2. JAPAN
7.5.3. SOUTH KOREA
7.5.4. INDIA
7.5.5. OTHERS

8. COMPETITIVE INTELLIGENCE
8.1. COMPETITIVE BENCHMARKING AND ANALYSIS
8.2. RECENT InvestmentsS AND DEALS
8.3. STRATEGIES OF KEY PLAYERS

9. COMPANY PROFILES
9.1. INGENICO GROUP
9.1.1. COMPANY OVERVIEW
9.1.2. FINANCIALS
9.1.3. PRODUCTS AND SERVICES
9.1.4. RECENT DEVELOPMENTS
9.2. VERIFONE
9.2.1. COMPANY OVERVIEW
9.2.2. FINANCIALS
9.2.3. PRODUCTS AND SERVICES
9.2.4. RECENT DEVELOPMENTS
9.3. PAX TECHNOLOGY LIMITED
9.3.1. COMPANY OVERVIEW
9.3.2. FINANCIALS
9.3.3. PRODUCTS AND SERVICES
9.3.4. RECENT DEVELOPMENTS
9.4. NEWLAND PAYMENT TECHNOLOGY
9.4.1. COMPANY OVERVIEW
9.4.2. FINANCIALS
9.4.3. PRODUCTS AND SERVICES
9.4.4. RECENT DEVELOPMENTS
9.5. MICROS RETAIL SYSTEMS, INC.
9.5.1. COMPANY OVERVIEW
9.5.2. FINANCIALS
9.5.3. PRODUCTS AND SERVICES
9.5.4. RECENT DEVELOPMENTS
9.6. NEC CORPORATION
9.6.1. COMPANY OVERVIEW
9.6.2. FINANCIALS
9.6.3. PRODUCTS AND SERVICES
9.6.4. RECENT DEVELOPMENTS
9.7. BITEL CO., LTD.
9.7.1. COMPANY OVERVIEW
9.7.2. FINANCIALS
9.7.3. PRODUCTS AND SERVICES
9.7.4. RECENT DEVELOPMENTS
9.8. SAMSUNG
9.8.1. COMPANY OVERVIEW
9.8.2. FINANCIALS
9.8.3. PRODUCTS AND SERVICES
9.8.4. RECENT DEVELOPMENTS
9.9. HEWLETT-PACKARD INC.
9.9.1. COMPANY OVERVIEW
9.9.2. FINANCIALS
9.9.3. PRODUCTS AND SERVICES
9.9.4. RECENT DEVELOPMENTS
9.10. TOSHIBA CORPORATION
9.10.1. COMPANY OVERVIEW
9.10.2. FINANCIALS
9.10.3. PRODUCTS AND SERVICES
9.10.4. RECENT DEVELOPMENTS

LIST OF FIGURES
LIST OF TABLES
DISCLAIMER

Ingenico Group
Verifone
PAX Technology Limited
Newland Payment Technology
Micros Retail Systems, Inc.
NEC Corporation
Bitel Co., Ltd.
Samsung
Hewlett-Packard Inc.
Toshiba Corporation

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